Legal & General Dynamic Bond R Acc
Managed by
Martin Reeves
Martin Reeves graduated with an MA in economics from St. Catherine’s College, University of Cambridge. He started his career at Ernst & Young where he qualified as a chartered accountant and worked within the capital markets group. Martin went on to join UBK Asset Management where he was the head of the US based high yield research team. In 1988 he joined Alliance Bernstein where he started as the director of European credit research and in 2002 he worked as director of research for the Asia Pacific team before becoming director of the European fixed income business unit in 2004. He then became director of global credit research, and has managed fixed income funds for over 19 years. Martin joined Legal & General Investments in September 2011 as head of high yield and took over the Legal & General High Income Trust.
Objective
The objective of this fund is to provide a combination of income and growth. The fund will invest between 80% and 100% in bonds (a type of loan which pays interest) and/or derivatives (contracts which have a value linked to the price of another asset) and/or cash. The bonds may have a fixed or variable rate of income. The bonds that the fund invests 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. 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.
Performance
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Rank 52/59 Total Return
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Rank 25/59 Standard Deviation
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Rank 56/59 Max Drawdown
| Fund Name | Return | ||
|---|---|---|---|
| 50 | Insight Strategic Bond Sterling Acc Shares | 3.6% |
|
| 51 | Kames Strategic Bond Acc A | 3.5% |
|
| 52 | Legal & General Dynamic Bond R Acc | 3.4% |
|
| 53 | F&C Strategic Bond 1 Inc | 3.0% |
|
| 54 | Schroder Strategic Credit A Acc Fun | 2.9% |
|
| View full league table | |||
| Fund Name | Risk | ||
|---|---|---|---|
| 23 | Schroder Strategic Bond A Acc | 0.6 |
|
| 23 | Invesco Perpetual Monthly Income Plus Inc | 0.6 |
|
| 25 | Legal & General Dynamic Bond R Acc | 0.7 |
|
| 26 | Ecclesiastical Amity Sterling Bond A | 0.7 |
|
| 26 | Old Mutual Bond 1 A GBP Inc | 0.7 |
|
| 26 | Investec Strategic Bond A Inc Net GBP | 0.7 |
|
| View full league table | |||
| Fund Name | Loss | ||
|---|---|---|---|
| 54 | GLG Strategic Bond Retail Acc A GBP | -1.4% |
|
| 55 | AXA Sterling Long Bond H Acc Gross | -1.5% |
|
| 56 | Legal & General Dynamic Bond R Acc | -1.7% |
|
| 57 | Schroder Strategic Bond A Acc | -1.9% |
|
| 58 | Old Mutual Voyager Strategic Bond A GBP Inc | -2.1% |
|
| View full league table | |||
Total Return
Quarterly Performance
| to 31/12/2014 | Annual | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|---|
| 2014 | 3.4% | 2.5% | 2.6% | -0.8% | -0.9% |
| 2013 | 5.6% | 2.1% | -0.7% | 1.8% | 2.3% |
| 2012 | 15.4% | 6.4% | -0.3% | 4.9% | 3.6% |
| 2011 | -2.5% | 3.3% | -0.3% | -7.6% | 2.5% |
| 2010 | 9.5% | 6.0% | -2.0% | 7.1% | -1.6% |
| 2009 | 43.7% | 5.7% | 14.7% | 14.2% | 3.8% |
| 2008 | -0.3% | -2.2% | -0.3% | -1.5% | 3.7% |
| 2007 | -0.1% | 0.4% |
Month by Month Performance
Returns Vs Risk
Registered For Sale In
- United Kingdom
Fund Info
- Launch date30/04/2007
- Share Class size1,328Mn
- Base currencyGBP
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ISIN GB00B1TWMM97
Purchase Info
- Min. initial investment500
- Min. additional investment50
Charges
- Annual management1.3%
- Initial investment3