Fact sheet: LV= Threadneedle UK Eq Alpha Inc Pn

Fund information
Fund name
LV= Threadneedle UK Equity Alpha Income Pn
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Richard Colwellsince 31/08/2010
Underlying fund
Threadneedle UKEqAlphInc
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in shares of UK companies or companies that have significant operations there. The Funds investment approach means it will typically hold a small number of investments compared with other funds. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.1%
1 Year rank in sector
60/225
Sector
PN UK Equity Income
Yield
-
Fund size
£2m (£1m 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.
111
Bid price
182
Offer price
191.6
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn25.1%
OMW UBS UK Equity Income24.8%
FL Income Accumulation Pn20.1%
L&G Schroder Income Pn16.5%
Scot Eq Schroder Income Pn16%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK100.2%
    Money Market-0.2%
  • Industrials21.2%
    Consumer Services16.3%
    Financials15.2%
    Consumer Goods13.8%
    Health Care12%
  • UK Equities100.2%
    Money Market-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%-1.7%11%8.1%21.7%85.9%
Sector-1.8%-0.9%6.6%6.3%17.1%62.2%
Rank within sector2 / 229127 / 22932 / 22960 / 22546 / 20517 / 189
Quartile1st3rd1st2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11%2.4%5.8%30.5%18.4%
Sector6.9%3.9%3.7%23.2%13.2%
Rank within sector46 / 225168 / 22048 / 20520 / 19739 / 192
Quartile1st4th1st1st1st
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.
0.75
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.
0.81
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.
0.19
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%.
10.11
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.
7.31
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.
0.51
Price movement
52 week high189.1
52 week low152.2
Current bid price182
Current offer price191.6
Current mid price-
Region
1UK100.2%
2Money Market-0.2%
Industry sector
1Industrials21.2%
2Consumer Services16.3%
3Financials15.2%
4Consumer Goods13.8%
5Health Care12%
6Utilities8.6%
7Oil & Gas6.4%
8Telecommunications3.6%
9Technology1.8%
Asset type
1UK Equities100.2%
2Money Market-0.2%
Individual holdings
1ROYAL DUTCH SHELL6.4%
2ELECTROCOMPONENTS6.3%
3GLAXOSMITHKLINE6.1%
4ASTRAZENECA PLC6%
5IMPERIAL BRANDS PLC6%
6CENTRICA PLC5.6%
7MORRISON(WM.)SUPERMARKETS4.5%
8TATE & LYLE4.5%
9RSA INSURANCE GROUP PLC4.4%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in shares of UK companies or companies that have significant operations there. The Funds investment approach means it will typically hold a small number of investments compared with other funds. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Richard Colwell31/08/2010Richard Colwell joined the company in 2010 as a portfolio manager in the UK Equities team. He manages the Threadneedle UK Growth & Income Fund and co-manages the Threadneedle Monthly Extra Income Fund, Threadneedle UK Equity Income Fund and the Threadneedle UK Equity Alpha Income Fund. He also has research responsibility for the health care and insurance sectors. Before joining the company, Richard ran high alpha UK equity portfolios at Aviva Investors. He has also held portfolio management roles at Credit Suisse and Schroders and worked at the Bank of England. Richard has a degree in Banking, Insurance & Finance from the University of Bangor. He holds the Chartered Financial Analyst designation and is a member of the CFA Society of the UK as well as the Chartered Institute of Bankers.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Threadneedle UK Equity Alpha Income Pn
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.88%
Bid price182
Offer price191.6
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeILK0
Data provided by

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