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
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 20-60% shares
Investment style
Balanced
Investment method
None

Performance snapshot

Quick stats

1 Year return

15.72 %

1 Year rank in sector

89/198

Sector

UT Mixed Investment 20-60% Shares

Yield

2.3

Fund size

£ 161.4 m

FE Risk score

50

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • North America
    30.12%
  • UK
    25.59%
  • Europe ex UK
    25.57%
  • Not Specified
    13.4%
  • Emerging Asia
    4.01%
  • Investment Grade Corporate Bonds
    24.16%
  • High Yield Bond
    16.39%
  • Financials
    14.7%
  • Industrials
    10.84%
  • Government Bonds
    7.28%
  • Global Corporate Fixed Interest
    42.94%
  • UK Equities
    18%
  • European Equities
    14.18%
  • UK Corporate Fixed Interest
    6.98%
  • Property
    5.38%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.27 %7.1 %14.86 %19.68 %40.35 %
Sector0.53 %5.58 %14.33 %20.69 %42.68 %
Rank within sector11 / 20535 / 20289 / 198115 / 171111 / 145
Quartile th1 st1 st2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund6.48 %9.6 %1.26 %3.82 %5.63 %
Sector5.12 %10.25 %1.21 %4.98 %9 %
Rank within sector40 / 202113 / 191101 / 179131 / 165136 / 154
Quartile th1 st3 rd3 rd4 th4 th

Risk statistics

Alpha-1.03
Beta1.16
Sharpe0.41
Volatility6.27
Tracking error1.6
Information ratio-0.06
R-Squared0.95

Price movement

52 week high84.77
52 week low73.42
Current bid price84.46
Current offer price84.66
Current mid price0

Holdings by region

  • 30.12% North America
  • 25.59% UK
  • 25.57% Europe ex UK
  • 13.4% Not Specified
  • 4.01% Emerging Asia
  • 3.6% Australasia
  • 2.22% Central & S America
  • 1.81% Money Market
  • 1.71% Asia
  • 1.24% European Emerging Markets

Holdings by sector

  • 24.16% Investment Grade Corporate Bonds
  • 16.39% High Yield Bond
  • 14.7% Financials
  • 10.84% Industrials
  • 7.28% Government Bonds
  • 5.54% Consumer Goods
  • 5.3% Consumer Services
  • 4.05% Health Care
  • 3.25% Oil & Gas
  • 2.79% Utilities

Holdings by asset type

  • 42.94% Global Corporate Fixed Interest
  • 18% UK Equities
  • 14.18% European Equities
  • 6.98% UK Corporate Fixed Interest
  • 5.38% Property
  • 3.98% Global Emerging Market Equities
  • 3.01% North American Equities
  • 2.87% Asia Pacific ex Japan Equities
  • 2.05% Cash & Cash Equivalents
  • 0.34% UK Gilts

Individual holdings

  • 3.09% CDX NA HY 24 V2 05.000 NA 06/20/2020 GOLDMAN SACH FIXED
  • 2.39% CDX EM 24 V2 01.000 NA 12/20/2020 GSAM FLOAT
  • 1.32% NEW ZEALAND(GOVERNMENT OF) 4.5% BDS 15/04/27 NZD1000000
  • 0.96% BP
  • 0.88% CDX EM 24 V2 01.000 NA 12/20/2020 JPMS FIXED
  • 0.81% BRITISH AMERICAN TOBACCO
  • 0.64% IMPERIAL BRANDS PLC
  • 0.62% RELX NV
  • 0.6% VINCI SA
  • 0.59% UNITED STATES OF AMER TREAS BONDS 5.5% 15/8/2028 USD1000