Fact sheet: MetLife Bcmk LggMs StgCrp+ Bd Pn

Fund information
Fund name
MetLife Benchmark Legg Mason Sterling Corporate Plus Bond Pn Gr
Fund manager company
MetLife
Fund type
Pension Fund
Fund manager
  • Western Asset Management Cosince 12/02/1998
Underlying fund
Legg Mason IFWARetIncBond
Fund objective
The fund's goal is to provide a regular income, greater than current interest rates in the UK, whilst maintaining the value of the fund.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
4.8%
1 Year rank in sector
257/262
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m
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.
11
Bid price
124.1807
Offer price
124.1807
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP16.4%
L&G PMC AAAAAA CpBd Ov15Y Id Pn16.3%
FL M&G All Stocks Corp Bd Pn15.1%
M&G PP All Stock Corporate Bond Pn15%
Zurich M&G All StCor Bd14.5%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • USA33.6%
    UK28.2%
    Money Market10%
    Not Specified9.8%
    France6.6%
  • High Yield Bond29.1%
    Government Bonds19.9%
    Banks16.9%
    Money Market9.4%
    Non-Cyclical Consumer Goods7.1%
  • US Fixed Interest33.6%
    UK Fixed Interest28.2%
    Money Market10%
    Global Fixed Interest9.8%
    French Fixed Interest6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---4.8%5.2%10.2%
Sector0.2%1.6%-3.5%9.8%19%36.1%
Rank within sector221 / 266265 / 26512 / 266257 / 262234 / 236213 / 215
Quartile4th4th1st4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-4.4%-0%1.6%-1.3%
Sector-0.1%9.4%0.2%10.5%1%
Rank within sector144 / 266249 / 261158 / 247233 / 236218 / 227
Quartile3rd4th3rd4th4th
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.
0.97
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.
0.12
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
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%.
1.82
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.
4.94
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.
-0.77
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.
0.13
Price movement
52 week high124.43
52 week low118.53
Current bid price124.18
Current offer price124.18
Current mid price-
Region
1USA33.61%
2UK28.16%
3Money Market10%
4Not Specified9.81%
5France6.6%
6Switzerland3.38%
7Australia3.07%
8Canada2.9%
9Germany2.47%
Industry sector
1High Yield Bond29.06%
2Government Bonds19.92%
3Banks16.94%
4Money Market9.43%
5Non-Cyclical Consumer Goods7.11%
6Energy6.45%
7Basic Industries3.15%
8Oil & Gas2.95%
9Cyclical Consumer Goods2.68%
Asset type
1US Fixed Interest33.61%
2UK Fixed Interest28.16%
3Money Market10%
4Global Fixed Interest9.81%
5French Fixed Interest6.6%
6Swiss Fixed Interest3.38%
7Australian Fixed Interest3.07%
8Canadian Fixed Interest2.9%
9German Fixed Interest2.47%
Individual holdings
1LEGG MASON WESTERN ASSET US HIGH YIELD LM DIS USD9.81%
2BNP PARIBAS 3.25% BDS 03/03/23 USD10002.41%
3ENGIE SA 1.625% BDS 10/10/17 USD10002.39%
4SVENSKA HANDELSBANKEN 1.625% BDS 21/03/18 USD10002.28%
5TREASURY 2.25% GILT 07/09/23 GBP2.07%
6UNITEDHEALTH GROUP INC 1.625% BDS 15/03/19 USD10002.06%
7TREASURY 1% GILT 07/09/17 GBP0.012.03%
8TREASURY 2% GILT 07/09/25 GBP0.012.03%
9TREASURY 3.75% GILT 07/09/21 GBP2.03%
Management
Fund manager group
MetLife
Fund manager company
MetLife
Fund type
Pension Fund
Fund objective
The fund's goal is to provide a regular income, greater than current interest rates in the UK, whilst maintaining the value of the fund.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Western Asset Management Co12/02/1998Western Asset Management focuses primarily on the management of fixed income portfolios, taking a fundamental approach to money management that is continually fine-tuned and adapted to changing conditions. When making investment decisions, Western Asset focuses on areas such as sector allocation, issue selection, duration weighting and maturity.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
MetLife Benchmark Legg Mason Sterling Corporate Plus Bond Pn Gr
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price124.1807
Offer price124.1807
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISJ9
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.