Fact sheet: L&G Mgd Mnthly Inc Trust

Fund information

Fund name
L&G Managed Monthly Income Trust I Acc
Fund company manager
Legal & General UT Mgr Ltd
Fund type
UKA
Fund manager(s)
Mark Benstead
since 01/09/2014
Fund objective
The objective of this fund is to provide a high income each month. The fund will invest in bonds (a type of loan which pays interest). These bonds will have a pre-set rate of income (either set at a fixed level or varying in a pre-determined way). The bonds that the fund invests in will be at least 80% investment grade (rated as lower risk). The fund may also invest up to 20% in sub-investment grade bonds (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 bonds that the fund invests in may be issued by companies, governments or other public bodies anywhere in the world. The fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or • generate additional capital or income with no, or an acceptably low, level of risk. The fund may also invest in cash, deposits or other authorised investment funds. If you hold accumulation units, income from investments held by the fund (interest) will be reinvested into the value of your units. If you hold distribution units, income from investments held by the fund will be paid out to you monthly (as interest). This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
IA £ Corporate Bond Sector
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

4.26 %

1 Year rank in sector

22/92

Sector

UT Sterling Corporate Bond

Yield

3.3

Fund size

£ 428.3 m

FE Risk score

43

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    58.19%
  • USA
    16%
  • France
    8.88%
  • Others
    3.15%
  • Netherlands
    3.03%
  • Financials
    37.6%
  • Utilities
    24.36%
  • Asset/Mortgage-Backed Securities
    8.69%
  • Government Bonds
    7.12%
  • Telecommunications
    6.56%
  • UK Fixed Interest
    58.19%
  • US Fixed Interest
    16%
  • French Fixed Interest
    8.88%
  • Global Fixed Interest
    3.15%
  • Dutch Fixed Interest
    3.03%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.71 %1.68 %4.26 %19.31 %34.03 %
Sector0.52 %1.28 %3.6 %15.8 %26.9 %
Rank within sector21 / 9728 / 9722 / 9219 / 8512 / 70
Quartile th1 st2 nd1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund4.6 %10.74 %0.27 %12.02 %0.99 %
Sector3.78 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector23 / 9519 / 8828 / 8619 / 8234 / 76
Quartile th1 st1 st2 nd1 st2 nd

Risk statistics

Alpha0.03
Beta1.22
Sharpe0.41
Volatility6.67
Tracking error1.37
Information ratio0.8
R-Squared0.99

Price movement

52 week high129.2
52 week low118.7
Current bid price127.3
Current offer price128
Current mid price0

Holdings by region

  • 58.19% UK
  • 16% USA
  • 8.88% France
  • 3.15% Others
  • 3.03% Netherlands
  • 2.39% Germany
  • 2.1% Cayman Islands
  • 2.09% Money Market
  • 1.06% Mexico
  • 0.9% Switzerland

Holdings by sector

  • 37.6% Financials
  • 24.36% Utilities
  • 8.69% Asset/Mortgage-Backed Securities
  • 7.12% Government Bonds
  • 6.56% Telecommunications
  • 4.2% Consumer Goods
  • 3.41% Consumer Services
  • 2.2% Health Care
  • 2.09% Cash & Cash Equivalents
  • 1.93% Industrials

Holdings by asset type

  • 58.19% UK Fixed Interest
  • 16% US Fixed Interest
  • 8.88% French Fixed Interest
  • 3.15% Global Fixed Interest
  • 3.03% Dutch Fixed Interest
  • 2.39% German Fixed Interest
  • 2.1% American Emerging Fixed Interest
  • 2.09% Money Market
  • 1.06% Mexican Fixed Interest
  • 0.9% Swiss Fixed Interest

Individual holdings

  • 0.94% BP
  • 0.78% BRITISH AMERICAN TOBACCO
  • 0.6% 3I GROUP
  • 0.6% RELX NV
  • 0.59% VINCI SA
  • 0.57% IMPERIAL BRANDS PLC
  • 0.54% ASTRAZENECA PLC
  • 0.52% BAYER AG
  • 0.51% AVIVA
  • 0.49% GLAXOSMITHKLINE