Fact sheet: LV= UK Fixed Interest Pn

Fund information
Fund name
LV= UK Fixed Interest Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Dave Chappellsince 30/09/2014
Underlying fund
Threadneedle UK FxInt
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by the UK government and other bonds that are priced in British pounds. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • FTSE Brit Govt All Stocks
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6.5%
1 Year rank in sector
38/177
Sector
PN UK Gilts
Yield
-
Fund size
£7m (£4m 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.
55
Bid price
148
Offer price
155.9
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn19.5%
Stan Life VanUK Long DurGtIdx Pn12.1%
Fidelity Annuity Pn12%
Zurich Long Dated Gilt Pn11.9%
SSgA MPF UK Over 15 Conv Glt Idx Pn11.8%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.9%-3.7%6.5%24.3%27.3%
Sector1.1%2.1%-3.5%5.9%22.6%25.2%
Rank within sector119 / 181120 / 180109 / 17838 / 17738 / 17230 / 160
Quartile3rd3rd3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.6%10.7%0.7%13%-4.2%
Sector0.7%9.9%-0.3%13.3%-4.8%
Rank within sector121 / 18025 / 17726 / 17542 / 17036 / 166
Quartile3rd1st1st1st1st
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.
0.27
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.
1.06
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.
0.51
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%.
7.98
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.
0.99
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.
0.63
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.
0.99
Price movement
52 week high157.2
52 week low136.9
Current bid price148
Current offer price155.9
Current mid price-
Region
1UK99.8%
2Money Market0.2%
Industry sector
1UK Gilts98.4%
2Money Market1.6%
Asset type
1UK Gilts99.8%
2Money Market0.2%
Individual holdings
1TREASURY 1.25% GILT 22/7/18 GBP0.0110.1%
2TREASURY 1.5% GILT 22/01/2021 GBP0.019.3%
3TREASURY 4.75% GILT 07/12/30 GBP7.6%
4TREASURY 1.5% GILT 22/07/26 GBP0.016.8%
5TREASURY 3.5% GILT 22/01/45 GBP6.7%
6TREASURY 4.5% GILT 7/9/2034 GBP0.015.5%
7TREASURY 3.25% GILT 22/01/44 GBP0.015.1%
8TREASURY 2.25% GILT 07/09/23 GBP5%
9TREASURY 1.75% GILT 07/09/37 GBP14.9%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by the UK government and other bonds that are priced in British pounds. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • FTSE Brit Govt All Stocks
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Dave Chappell30/09/2014Dave Chappell is a Senior Portfolio Manager in the interest rate and currency team within Fixed Income and is at the core of US and UK rate and economic forecasting for the company. Dave manages a broad range of US and UK fixed income mandates for numerous insurance companies. He also manages a number of global government portfolios.Dave joined the company in 1997 when Scudder Investments became part of Threadneedle Asset Management Limited. He joined Scudder Investments as a fixed income dealer, and in 1997 became an Insurance Asset Portfolio Manager.He started his career in 1987 at Royal Bank of Scotland as an Operations Supervisor before moving to Irving Trust company as an Operations Manager.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= UK Fixed Interest Pn
Initial charge-
Annual charge0.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.41%
Bid price936.5
Offer price985.8
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5I6
LV= UK Fixed Interest 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)0.25%
Bid price148
Offer price155.9
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2W1
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.