Fact sheet: LV= Threadneedle UK Mny Mkt Pn

Fund information
Fund name
LV= Threadneedle UK Money Market Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Paul Witchallssince 01/11/2011
No data available.
Fund objective
The aim of the Fund is to provide income with a high degree of capital security. The Fund invests at least two-thirds of its assets in UK money market instruments, deposits, cash and near cash.
Benchmark
  • GBP 1 month LIBID
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.4%
1 Year rank in sector
52/241
Sector
PN Money Market
Yield
-
Fund size
£50m (£39m 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.
1
Bid price
97.9
Offer price
103.1
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn9.2%
ReAssure HL FxIntPnStf LS Pn9.2%
Phoenix Fixed Int Individual Pn7.4%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.2%0.4%0.8%1.6%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector55 / 24725 / 24536 / 24652 / 24163 / 22562 / 212
Quartile1st1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.4%0.2%0.2%0.2%0.5%
Sector0.6%0%0.4%0.2%0.3%
Rank within sector41 / 24268 / 22869 / 22569 / 21953 / 212
Quartile1st2nd2nd2nd1st
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.
0.31
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.
-0.1
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.
-
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%.
0.15
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.
0.31
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.
-0.25
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.
0.03
Price movement
52 week high97.9
52 week low97.5
Current bid price97.9
Current offer price103.1
Current mid price-
Region
1Money Market100%
Industry sector
No data available.
Asset type
1Money Market100%
Individual holdings
1ING BANK NV 0.4% CT OF DEP 09/12/16 GBP14.9%
2ABN AMRO BANK NV 0.7% CT OF DEP 06/10/16 GBP14.8%
3BANK OF MONTREAL -0.56 15/11/16 CD4.8%
4BNP PARIBAS 0.3% CT OF DEP 25/11/16 GBP14.7%
5COMMONWEALTH BANK OF AUSTRALIA 0.49% CT OF DEP 23/01/17 GBP14.7%
6CREDIT AGRICOLE INDOSUEZ 0.26% CT OF DEP 07/11/16 GBP14.7%
7LLOYDS BANK PLC 0.51% CT OF DEP 07/10/16 GBP14.7%
8MITSUBISHI TRUST & BANKING CORP 0.32% CT OF DEP 16/11/16 GBP14.7%
9NATIONAL BANK OF ABU DHABI 0.66% CT OF DEP 06/10/16 GBP14.7%
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 a high degree of capital security. The Fund invests at least two-thirds of its assets in UK money market instruments, deposits, cash and near cash.
Benchmark
  • GBP 1 month LIBID
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Paul Witchalls01/11/2011Paul Witchalls is a portfolio manager specialising in cash, money market funds and foreign exchange. Paul began his career in the loans department at Barclays Bank in 1984 and in 1986 moved to Greenwell Montagu Securities. He joined the Cash Management Division of Eagle Star Investment Managers1 in 1988 and was appointed Assistant Money Manager on the Treasury / Foreign Exchange Desk in 1992. Paul holds the Chartered Financial Analyst designation and is also an associate member of the CFA Society of the UK.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Threadneedle UK Money Market Pn
Initial charge-
Annual charge0.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.44%
Bid price397.9
Offer price418.9
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5I1
LV= Threadneedle UK Money Market Pn S2
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.28%
Bid price97.9
Offer price103.1
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2V0
Data provided by

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