Fact sheet: L&G MM Inc Trust

Fund information

Fund name
L&G Multi Manager Income Trust I Acc
Fund company manager
Legal & General UT Mgr Ltd
Fund type
UKA
Fund manager(s)
Asset Allocation Team
since 30/06/2014
Fund objective
The objective of this fund is to provide a combination of a high income with some growth.The fund will invest in a wide range of investment funds (including funds which are not authorised for sale in the UK) 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 20-60% Shares
Investment style
Balanced
Investment method
None

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

8.08 %

1 Year rank in sector

55/201

Sector

UT Mixed Investment 20-60% Shares

Yield

2.3

Fund size

£ 158.0 m

FE Risk score

50

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe ex UK
    22.83%
  • UK
    22.45%
  • North America
    21.02%
  • Not Specified
    17.63%
  • Emerging Asia
    4.01%
  • Investment Grade Corporate Bonds
    21.18%
  • High Yield Bond
    17.19%
  • Financials
    12.83%
  • Industrials
    9.08%
  • Government Bonds
    7.36%
  • Global Corporate Fixed Interest
    35.25%
  • UK Equities
    14.33%
  • European Equities
    12.98%
  • North American Equities
    9.82%
  • UK Gilts
    7.88%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund2.12 %5.2 %8.08 %25.88 %31.16 %
Sector1.74 %3.86 %6.82 %24.34 %37.08 %
Rank within sector54 / 20738 / 20555 / 20189 / 176128 / 151
Quartile th2 nd1 st2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund7.93 %9.6 %1.26 %3.82 %5.63 %
Sector6.32 %10.25 %1.21 %4.98 %9 %
Rank within sector42 / 202115 / 192101 / 178131 / 164135 / 153
Quartile th1 st3 rd3 rd4 th4 th

Risk statistics

Alpha-1.21
Beta1.17
Sharpe0.37
Volatility6.26
Tracking error1.47
Information ratio-0.15
R-Squared0.97

Price movement

52 week high85.56
52 week low76.44
Current bid price85.61
Current offer price85.79
Current mid price0

Holdings by region

  • 22.83% Europe ex UK
  • 22.45% UK
  • 21.02% North America
  • 17.63% Not Specified
  • 4.01% Emerging Asia
  • 2.2% Money Market
  • 1.97% Asia
  • 1.87% Central & S America
  • 1.78% European Emerging Markets
  • 1.75% Australasia

Holdings by sector

  • 21.18% Investment Grade Corporate Bonds
  • 17.19% High Yield Bond
  • 12.83% Financials
  • 9.08% Industrials
  • 7.36% Government Bonds
  • 7.06% Others
  • 5.05% Consumer Goods
  • 5.02% Consumer Services
  • 3.93% Health Care
  • 3.68% Utilities

Holdings by asset type

  • 35.25% Global Corporate Fixed Interest
  • 14.33% UK Equities
  • 12.98% European Equities
  • 9.82% North American Equities
  • 7.88% UK Gilts
  • 5.03% UK Corporate Fixed Interest
  • 4.92% Global Emerging Market Equities
  • 4.73% Property
  • 2.65% Asia Pacific ex Japan Equities
  • 2.19% Cash & Cash Equivalents

Individual holdings

  • 0.86% BP PLC
  • 0.68% BRITISH AMERICAN TOBACCO PLC
  • 0.66% 3I GROUP
  • 0.59% VINCI SA
  • 0.57% RELX NV
  • 0.52% SNAM SPA
  • 0.51% TERNA ENERGY SA
  • 0.49% ATLANTIA SPA
  • 0.49% BAYER AG
  • 0.49% HSBC HOLDINGS PLC