Fact sheet: LV= Schroder UK Alpha Plus Pn

Fund information
Fund name
LV= Schroder UK Alpha Plus Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Philip Matthewssince 15/10/2013
Underlying fund
Schroder UK Alpha Plus
Fund objective
The Fund's investment objective is to provide capital growth through investment in UK and other companies. In order to achieve the objective the manager will invest in a focussed portfolio of securities. The emphasis of the Fund will be investment in UK companies. The Fund may also invest in companies headquartered or quoted outside the UK where those companies have material or critical operations within, or derive significant business from, the UK. Fixed interest securities may be included in the portfolio. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
7%
1 Year rank in sector
407/845
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£3m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
91
Bid price
283.8
Offer price
298.8
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn44.1%
Fidelity UBS UK Select Pn23.4%
Halifax IM UK Growth Pn23.1%
CM UBS UK Opportunities Pension22.9%
SW UBS UK Opps Pn22.5%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.9%
    Money Market0.1%
  • Financials20%
    Consumer Services17.5%
    Health Care14.4%
    Oil & Gas12.9%
    Industrials12.3%
  • UK Equities100.3%
    Money Market-0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%-0.5%6.9%7%13%67.9%
Sector0.8%-1.5%5.9%5.4%14.8%57%
Rank within sector317 / 867223 / 864444 / 863407 / 845474 / 807188 / 758
Quartile2nd2nd3rd2nd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund6.8%2.7%-0.8%28.7%23.4%
Sector5.4%4.4%0.6%24.2%15.4%
Rank within sector406 / 845442 / 833567 / 808197 / 78794 / 760
Quartile2nd3rd3rd2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.05
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.97
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.06
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.78
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.7
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.07
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.93
Price movement
52 week high295.6
52 week low234.4
Current bid price283.8
Current offer price298.8
Current mid price-
Region
1UK99.91%
2Money Market0.09%
Industry sector
1Financials20.03%
2Consumer Services17.53%
3Health Care14.43%
4Oil & Gas12.91%
5Industrials12.34%
6Technology9.35%
7Consumer Goods5.88%
8Telecommunications5.75%
9Utilities1.69%
Asset type
1UK Equities100.3%
2Money Market-0.3%
Individual holdings
1ROYAL DUTCH SHELL7.41%
2GLAXOSMITHKLINE6.02%
3BP4.99%
4BRITISH AMERICAN TOBACCO4.9%
5LLOYDS BANKING GROUP PLC4.17%
6AVIVA4.11%
7TESCO3.93%
8BALFOUR BEATTY3.62%
9BT GROUP2.95%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Fund's investment objective is to provide capital growth through investment in UK and other companies. In order to achieve the objective the manager will invest in a focussed portfolio of securities. The emphasis of the Fund will be investment in UK companies. The Fund may also invest in companies headquartered or quoted outside the UK where those companies have material or critical operations within, or derive significant business from, the UK. Fixed interest securities may be included in the portfolio. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Philip Matthews15/10/2013Philip Matthews joined Schroders in October 2013 to take over management of the Schroder UK Alpha Plus Fund. At the beginning of 1999 Philip joined Jupiter's fund management department and has managed both retail and UK institutional portfolios since November 2001. Philip has managed the Jupiter Growth & Income Fund since April 2006 and was also the Deputy Fund Manager of Jupiter Income Trust. Prior to this Philip worked at Chesterton plc in the Residential Investment and Development Department. Philip Matthews studied at Cambridge University where he gained a degree in Modern & Medieval Languages.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Schroder UK Alpha Plus Pn
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.51%
Bid price181
Offer price190.5
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBNE3
LV= Schroder UK Alpha Plus Pn S2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.91%
Bid price283.8
Offer price298.8
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2X4
Data provided by

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