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 objective of this Fund is to provide a regular income stream, in excess of the prevailing level of interest rates in the U.K., with a focus on capital preservation.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.3%
1 Year rank in sector
263/264
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
AEGON Long Core Plus Pn16.2%
FL TEActv Bln Bd IE16.1%
BlackRock DC AqOv 15 YCrp BdIx HP15%
MetLife Fid Corp Bd 20yr Pn14.6%
OMW IPL L&G AAA CrpBdOv15YIx Pn14.3%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • USA33.5%
    UK30.9%
    Not Specified9.5%
    Money Market8.2%
    France6.7%
  • High Yield Bond27.8%
    Government Bonds20.1%
    Banks18.4%
    Money Market9.3%
    Energy6.7%
  • US Fixed Interest33.5%
    UK Fixed Interest30.9%
    Global Fixed Interest9.5%
    Money Market8.2%
    French Fixed Interest6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---0.3%4.9%9.4%
Sector1%2.8%1.8%8.9%19.9%38.3%
Rank within sector263 / 267262 / 266258 / 265263 / 264233 / 235218 / 218
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-4.4%-0%1.6%-1.3%
Sector2.2%9.4%0.2%10.5%1%
Rank within sector263 / 265249 / 261159 / 247232 / 235217 / 226
Quartile4th4th3rd4th4th
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.
0.94
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.
0.11
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.
5.05
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.
-0.88
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.
0.12
Price movement
52 week high124.43
52 week low123.63
Current bid price124.18
Current offer price124.18
Current mid price-
Region
1USA33.53%
2UK30.94%
3Not Specified9.5%
4Money Market8.19%
5France6.7%
6Switzerland3.48%
7Canada2.82%
8Germany2.55%
9Sweden2.29%
Industry sector
1High Yield Bond27.83%
2Government Bonds20.09%
3Banks18.36%
4Money Market9.27%
5Energy6.65%
6Non-Cyclical Consumer Goods5.87%
7Cyclical Consumer Goods4.31%
8Oil & Gas2.99%
9Insurance2.34%
Asset type
1US Fixed Interest33.53%
2UK Fixed Interest30.94%
3Global Fixed Interest9.5%
4Money Market8.19%
5French Fixed Interest6.7%
6Swiss Fixed Interest3.48%
7Canadian Fixed Interest2.82%
8German Fixed Interest2.55%
9Swedish Fixed Interest2.29%
Individual holdings
1LEGG MASON WESTERN ASSET US HIGH YIELD LM DIS USD10.01%
2BNP PARIBAS 3.25% BDS 03/03/23 USD10002.41%
3ENGIE SA 1.625% BDS 10/10/17 USD10002.4%
4SVENSKA HANDELSBANKEN 1.625% BDS 21/03/18 USD10002.29%
5TREASURY 2.25% GILT 07/09/23 GBP2.12%
6TREASURY 2% GILT 07/09/25 GBP0.012.09%
7UNITEDHEALTH GROUP INC 1.625% BDS 15/03/19 USD10002.07%
8TREASURY 1% GILT 07/09/17 GBP0.012.06%
9TREASURY 1.5% GILT 22/07/26 GBP0.012.06%
Management
Fund manager group
MetLife
Fund manager company
MetLife
Fund type
Pension Fund
Fund objective
The objective of this Fund is to provide a regular income stream, in excess of the prevailing level of interest rates in the U.K., with a focus on capital preservation.
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 updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISJ9
Data provided by

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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.