Fact sheet: L&G MM Balanced Trust

Fund information

Fund name
L&G Multi Manager Balanced Trust I Acc
Fund company manager
Legal & General UT Mgr Ltd
Fund type
UKA
Fund manager
Tim Gardner
since 01/04/2008
Fund objective
The objective of this fund is to provide growth, whilst safeguarding against excessive risks.The fund will invest in a wide range of authorised investment funds that hold company shares, bonds (a type of loan which pays interest) issued by companies, commercial property and cash. The fund manager will select investment funds that invest across all countries, currencies and sectors.The bonds that these funds invest in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.The fund may also have a small direct holding in cash, deposits, bonds and company shares.The investment manager will not invest in derivatives (contracts which have a value linked to the price of another asset) without giving investors at least 60 days' notice of its intention to do so.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
None

Performance snapshot

Quick stats

1 Year return

19.48 %

1 Year rank in sector

164/271

Sector

UT Mixed Investment 40-85% Shares

Yield

1.5

Fund size

£ 25.6 m

FE Risk score

65

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    31.29%
  • Europe ex UK
    22.89%
  • North America
    20.21%
  • Not Specified
    15.37%
  • Emerging Asia
    6.51%
  • Financials
    16.2%
  • Industrials
    13.83%
  • Investment Grade Corporate Bonds
    12.15%
  • High Yield Bond
    10.99%
  • Consumer Services
    8.48%
  • UK Equities
    30.51%
  • Global Corporate Fixed Interest
    26.83%
  • European Equities
    18.15%
  • Global Emerging Market Equities
    8.41%
  • North American Equities
    3.72%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2 %7.44 %19.48 %23.28 %42.64 %
Sector1.49 %7.27 %20.24 %27.69 %57.03 %
Rank within sector68 / 281127 / 275164 / 271199 / 241189 / 208
Quartile th1 st2 nd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund6.77 %11.91 %0.73 %3.29 %7.69 %
Sector6.74 %13.29 %2.25 %4.96 %13.5 %
Rank within sector141 / 275170 / 260196 / 246208 / 237208 / 222
Quartile th3 rd3 rd4 th4 th4 th

Risk statistics

Alpha-1.61
Beta1.1
Sharpe0.48
Volatility7.96
Tracking error2.18
Information ratio-0.38
R-Squared0.93

Price movement

52 week high79.21
52 week low65.96
Current bid price78.5
Current offer price78.63
Current mid price0

Holdings by region

  • 31.29% UK
  • 22.89% Europe ex UK
  • 20.21% North America
  • 15.37% Not Specified
  • 6.51% Emerging Asia
  • 3.03% Australasia
  • 2.67% Money Market
  • 1.93% Asia
  • 1.81% Central & S America
  • 1% European Emerging Markets

Holdings by sector

  • 16.2% Financials
  • 13.83% Industrials
  • 12.15% Investment Grade Corporate Bonds
  • 10.99% High Yield Bond
  • 8.48% Consumer Services
  • 7.25% Consumer Goods
  • 5.31% Technology
  • 5.27% Health Care
  • 5.24% Government Bonds
  • 4.09% Oil & Gas

Holdings by asset type

  • 30.51% UK Equities
  • 26.83% Global Corporate Fixed Interest
  • 18.15% European Equities
  • 8.41% Global Emerging Market Equities
  • 3.72% North American Equities
  • 3.66% Asia Pacific ex Japan Equities
  • 3.15% UK Corporate Fixed Interest
  • 2.99% Cash & Cash Equivalents
  • 1.92% Property
  • 0.51% Japanese Equities

Individual holdings

  • 2.55% CDX NA HY 24 V2 05.000 NA 06/20/2020 GOLDMAN SACH FIXED
  • 1.97% CDX EM 24 V2 01.000 NA 12/20/2020 GSAM FLOAT
  • 1.38% BP
  • 1.09% NEW ZEALAND(GOVERNMENT OF) 4.5% BDS 15/04/27 NZD1000000
  • 1.01% HSBC HLDGS
  • 0.9% BARCLAYS PLC
  • 0.89% AVIVA
  • 0.84% LLOYDS BANKING GROUP PLC
  • 0.83% ASTRAZENECA PLC
  • 0.82% ROYAL DUTCH SHELL