Fact sheet: L&G Multi-Index 3

Fund information

Fund name
L&G Multi-Index 3 I Acc
Fund company manager
Legal & General UT Mgr Ltd
Fund type
UKA
Fund manager(s)
Justin Onuekwusi
since 21/08/2013
Martin Dietz
since 21/08/2013
Bruce White
since 21/08/2013
Fund objective
The fund is part of a range of risk profiled funds. The risk profile ranges from 1-10 with 1 being the least risky, and 10 being the most. This fund is a 3. The level of risk in the fund is managed by restricting the types and proportions of the assets it holds.The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile. The target risk profile for the fund is set by an independent company, and is based on the historic return and volatility of different asset types. We use our experience and research, together with research and allocation guidelines from this independent company to restrict the types of assets held and the allocation of each asset type to stay within the target risk profile.The fund will have exposure to company and government bonds (a type of loan that pays interest), cash, company shares and UK commercial property. The fund will have a strong bias towards company and government bonds.The bonds the fund is exposed to may be investment grade or sub-investment grade. Investment grade means that the bond is rated as lower risk by a rating agency, while sub-investment grade bonds will be classed as higher risk, but with a potentially higher return.In order to achieve this exposure, at least 75% of the fund will be invested in other authorised investment funds. At least 50% of the fund will be invested in index-tracker funds which are operated by Legal & General.The fund may also invest in money market instruments (a form of loan that pays interest and is designed to have a stable value) and bank deposits.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.
Benchmark
No Specified Index
Investment style
Cautious
Investment method
None

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.4 %

1 Year rank in sector

-

Sector

UT Volatility Managed

Yield

2.1

Fund size

£ 267.2 m

FE Risk score

31

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    38.81%
  • International
    22.95%
  • Not Specified
    9.82%
  • Global Emerging Markets
    9.56%
  • Money Market
    8.11%
  • Money Market
    20.92%
  • Government Bonds
    20.34%
  • Index Linked
    13.53%
  • Investment Grade Corporate Bonds
    10.81%
  • Industrials
    6.15%
  • UK Corporate Fixed Interest
    18.81%
  • Global Index Linked
    11.01%
  • Global Emerging Market Fixed Interest
    9.07%
  • UK Gilts
    8.61%
  • Money Market
    8.11%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.1 %1.6 %3.25 %20.79 %0 %
Sector2.67 %4.08 %7.85 %30.27 %46.09 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund3.63 %10.1 %2.08 %8.41 %0 %
Sector7.01 %13.12 %1.54 %7.09 %9.44 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha1.57
Beta0.57
Sharpe0.58
Volatility4
Tracking error3.28
Information ratio-0.45
R-Squared0.74

Price movement

52 week high64.45
52 week low60.68
Current bid price64.25
Current offer price64.55
Current mid price0

Holdings by region

  • 38.81% UK
  • 22.95% International
  • 9.82% Not Specified
  • 9.56% Global Emerging Markets
  • 8.11% Money Market
  • 3.8% Europe ex UK
  • 3.8% North America
  • 2.37% Japan
  • 0.78% Asia Pacific ex Japan

Holdings by sector

  • 20.92% Money Market
  • 20.34% Government Bonds
  • 13.53% Index Linked
  • 10.81% Investment Grade Corporate Bonds
  • 6.15% Industrials
  • 6.09% Financials
  • 5.48% High Yield Bond
  • 3.09% Cash & Cash Equivalents
  • 2.04% Consumer Goods
  • 1.76% Offices - Property

Holdings by asset type

  • 18.81% UK Corporate Fixed Interest
  • 11.01% Global Index Linked
  • 9.07% Global Emerging Market Fixed Interest
  • 8.61% UK Gilts
  • 8.11% Money Market
  • 7.98% Global Corporate Fixed Interest
  • 5.77% North American Equities
  • 5.34% Global Developed Markets Government Fixed Interest
  • 4.84% UK Property
  • 4.47% UK Equities

Individual holdings

-