Fact sheet: LV= UK Index Linked Pn

Fund information
Fund name
LV= UK Index Linked Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Dave Chappellsince 25/11/2016
Underlying fund
Threadneedle UK Idx Lkd
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 UK index linked bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by the UK government, and other index linked securities that are priced in British pounds.
Benchmark
  • FTSE UK Gilts Index Linked Government (All)
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
25.4%
1 Year rank in sector
69/147
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£8m (£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.
99
Bid price
204.5
Offer price
215.2
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn48.5%
SSgA UK Idx Lkd Gilt Nov2055 Pn38.9%
SSgA UK Idx Lkd Glt Mar 2050 Pn36.9%
L&G Ovr 15Yr IdxLkd GltsIdx Pn34.7%
SSgA MPF Ovr 15Y IL Gilt Pn34.6%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%5.8%0.5%25.4%45.2%55.4%
Sector2.5%4.6%-1.2%23.4%42.6%52.5%
Rank within sector61 / 15733 / 15621 / 15469 / 14769 / 13460 / 121
Quartile2nd1st1st2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%23.9%-0.4%18.4%0.4%
Sector2.8%23.8%-1.5%18.7%0.1%
Rank within sector38 / 15497 / 14613 / 13986 / 13347 / 127
Quartile1st3rd1st3rd2nd
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.
0.28
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.
1.03
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.
0.82
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%.
11.91
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.
1.68
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.
0.38
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.
0.98
Price movement
52 week high212
52 week low163.1
Current bid price204.5
Current offer price215.2
Current mid price-
Region
1UK98.5%
2Money Market1.5%
Industry sector
1UK Index-Linked98.5%
2Money Market1.5%
Asset type
1UK Index-Linked98.5%
2Money Market1.5%
Individual holdings
1TREASURY 0.125% IDX LKD GILT 22/03/29 GBP0.018%
2TREASURY 0.125% IDX LKD GILT 22/03/46 GBP7.8%
3TREASURY 0.125% GILT 22/03/68 GBP0.016.3%
4GOV OF UK 0.38% 22/03/20626.1%
5TREASURY 0.125% IDX LKD GILT 22/11/36 GBP0.015.5%
6GOV OF UK 1.88% 22/11/20225.2%
7TREASURY 0.125% IDX LKD GILT 22/03/26 GBP0.014.8%
8TREASURY 1.25% IDX-LKD GILT 22/11/32 GBP0.014.7%
9GOV OF UK 0.13% 22/03/20444.4%
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 UK index linked bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by the UK government, and other index linked securities that are priced in British pounds.
Benchmark
  • FTSE UK Gilts Index Linked Government (All)
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Dave Chappell25/11/2016Dave 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 Index Linked Pn
Initial charge-
Annual charge0.36%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.43%
Bid price1043.6
Offer price1098.6
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5I8
LV= UK Index Linked 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)0.27%
Bid price204.5
Offer price215.2
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2W6
Data provided by

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