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Legal & General UK Special Situations

Ranked 233 out of 260 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Richard Penny

Leeds born Richard Penny holds a Masters degree in engineering from Brasenose College Oxford, and is an Associate of the Institute of Investment Management and Research (AIIMR). Richard’s investment career began in 1992, working with Scottish Amicable for four years before moving on to M&G in 1996. He joined his current employer, Legal & General, in 2001. As well as managing the UK Alpha Fund Richard also runs a Legal and General hedge fund. Away from the office his leisure activities include golf and tennis.

Objective

The objective of this fund is to provide growth. The fund will typically invest between 80% and 100% in UK company shares. The fund may also invest in company shares from Europe. The fund will invest in companies considered, in the manager's view, to be undervalued by the market.

Performance

UK (All Companies) over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 2.6% -10.1% 4.1%
2013 38.4% 13.7% -1.3% 15.3% 6.9%
2012 14.7% 11.9% -6.7% 7.9% 1.8%
2011 -11.7% 0.8% -1.3% -17.3% 7.4%
2010 8.8% 4.5% -10.7% 10.8% 5.2%
2009 15.4% -10.2% 4.5% 15.8% 6.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2014

Top 10 Holdings

Stock Size
CSR PLC ORD 4.96
First Derivatives PLC ORD 4.75
OneSavings Bank PLC ORD 4.65
Smart Metering Systems PLC ORD 4.24
Sports Direct International PLC ORD 3.98
Saga PLC ORD 3.97
Vectura Group PLC ORD 3.81
Rio Tinto PLC ORD 3.80
Optimal Payments PLC ORD 3.68
Prudential PLC ORD 3.68
31/10/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date10/11/2008
  • Share Class size31Mn
  • Base currencyGBP
  • ISIN GB00B3DMXT38

Purchase Info

  • Min. initial investment500
  • Min. additional investment0

Charges

  • Annual management1.5%
  • Initial investment5

Related News

L&G to merge away Penny and Black funds

Legal & General Investment Management is to consolidate its UK equities range by merging two funds each for two of its star managers.

Polar Capital hires L&G's Rushton for UK absolute return launch

Polar Capital has hired L&G Investment Management's Guy Rushton to launch an absolute return fund for the boutique.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).