Fact sheet: FL AB Con Gbl Eqt XE Pn

Fund information
Fund name
FL Alliance Bernstein Concentrated Global Equity XE Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
AllianceBernstein state that the objective of the fund is long-term growth of capital. The fund seeks to achieve its investment objective by investing mainly in equities of a limited number of companies throughout the world. It aims to invest in equities of companies that have the potential to achieve superior earnings growth in both developed and emerging market countries. The fund may invest in common stocks, including initial public offerings and securities convertible into common stock, preferred stocks, REITs, depositary receipts (including American Depositary Receipts and Global Depositary Receipts), exchange-traded funds, and/or other transferable securities such as warrants on transferable securities. It may also invest in cash or cash equivalents and short-term fixed interest securities including money market instruments. The fund may use derivatives for investment purposes as well as for efficient portfolio management.
Benchmark
  • S&P 500
Investment style
Concentrated
Investment method
No data available.
Quick stats
1 Year return
28.2%
1 Year rank in sector
37/999
Sector
PN Global Equities
Yield
-
Fund size
£5m (£3m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
110
Bid price
139.4
Offer price
139.4
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn39.9%
FL Baillie Giff LT Gbl Gth Pn35.8%
Baillie Gifford Lng Tm Gbl Gth Pn35%
Zurich BailGfrd LgTrmGblGth34.6%
Stan Life BGiff LgTmGlGtOEICPn33.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.9%2.1%5.5%28.2%--
Sector-3%1.2%3.9%21%42%78.1%
Rank within sector848 / 1050200 / 1042140 / 102937 / 999--
Quartile4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.3%23.6%---
Sector2.5%22.4%3.7%7.8%21.4%
Rank within sector123 / 1034464 / 955---
Quartile1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high145.3
52 week low102.5
Current bid price139.4
Current offer price139.4
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AllianceBernstein state that the objective of the fund is long-term growth of capital. The fund seeks to achieve its investment objective by investing mainly in equities of a limited number of companies throughout the world. It aims to invest in equities of companies that have the potential to achieve superior earnings growth in both developed and emerging market countries. The fund may invest in common stocks, including initial public offerings and securities convertible into common stock, preferred stocks, REITs, depositary receipts (including American Depositary Receipts and Global Depositary Receipts), exchange-traded funds, and/or other transferable securities such as warrants on transferable securities. It may also invest in cash or cash equivalents and short-term fixed interest securities including money market instruments. The fund may use derivatives for investment purposes as well as for efficient portfolio management.
Benchmark
  • S&P 500
Investment style
Concentrated
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Alliance Bernstein Concentrated Global Equity XE Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price139.4
Offer price139.4
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC8T
FL Alliance Bernstein Concentrated Global Equity XE Pn Inet
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price1.3746
CurrencyGBP
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC8U
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.