Fact sheet: MetLife Bcmk Alz PIMCO GltYd GrPn

Fund information
Fund name
MetLife Benchmark Allianz PIMCO Gilt Yield Gr Pn GBP
Fund manager company
MetLife
Fund type
Pension Fund
Fund managers
  • Mike Riddellsince 30/11/2015
  • Brian Tomlinsonsince 30/11/2015
Underlying fund
Allianz Glt Yld
Fund objective
The Fund aims to maximise total return, consistent with preservation of capital and prudent investment management, primarily through investment in British government securities. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Benchmark
  • FTSE Actuaries UK Conventional Gilts All Stocks Index
Investment style
No data available.
Investment method
Fixed Interest
Quick stats
1 Year return
5.1%
1 Year rank in sector
115/177
Sector
PN UK Gilts
Yield
-
Fund size
£0m (£0m 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.
61
Bid price
146.3009
Offer price
146.3009
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

  • UK98%
    Money Market2.1%
    Not Specified-0.1%
  • Government Bonds96.5%
    Money Market2.1%
    Government Guaranteed1.5%
    Derivatives-0.1%
  • UK Gilts98%
    Money Market2.1%
    Foreign Exchange-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-5%5.1%19.9%23.2%
Sector1.1%2.1%-3.5%5.9%22.6%25.2%
Rank within sector180 / 181167 / 180159 / 178115 / 177105 / 17264 / 160
Quartile4th4th4th3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.2%10.2%0%11.5%-5.1%
Sector0.7%9.9%-0.3%13.3%-4.8%
Rank within sector174 / 18039 / 17775 / 175105 / 17083 / 166
Quartile4th1st2nd3rd2nd
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.
-0.01
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.
0.89
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.
0.35
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%.
7.53
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.
3.49
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.
-0.22
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.
0.79
Price movement
52 week high157.1
52 week low137.14
Current bid price146.3
Current offer price146.3
Current mid price-
Region
1UK98%
2Money Market2.1%
3Not Specified-0.1%
Industry sector
1Government Bonds96.5%
2Money Market2.1%
3Government Guaranteed1.5%
4Derivatives-0.1%
Asset type
1UK Gilts98%
2Money Market2.1%
3Foreign Exchange-0.1%
Individual holdings
1UNITED KINGDOM GILT FIX 0.500% 22.07.202217.18%
2TREASURY 4.25% GILT 7/12/202714.3%
3UK TREAS 4.5% 07/09/203413.15%
4TREASURY 4.75% GILT 07/12/30 GBP9.22%
5TREASURY 1.5% GILT 22/07/26 GBP0.017.41%
6TREASURY 2% GILT 07/09/25 GBP0.015%
7UK TREASURY STRIP 4.25% TREASURY STRIP 07/09/39 PRINCIPAL4.94%
8TREASURY 1.5% GILT 22/07/47 GBP14.41%
9TREASURY 1.75% GILT 22/07/57 GBP0.014.4%
Management
Fund manager group
MetLife
Fund manager company
MetLife
Fund type
Pension Fund
Fund objective
The Fund aims to maximise total return, consistent with preservation of capital and prudent investment management, primarily through investment in British government securities. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Benchmark
  • FTSE Actuaries UK Conventional Gilts All Stocks Index
Investment style
No data available.
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mike Riddell30/11/2015Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has nearly 15 years’ experience in fixed income having worked with M&G in London for 12 years, running bond portfolios, and prior to that at Premier Asset Management. As well as depth of experience, Mike’s experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.
Brian Tomlinson30/11/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
MetLife Benchmark Allianz PIMCO Gilt Yield Gr Pn GBP
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price146.3009
Offer price146.3009
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIRN0
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.