Fact sheet: FL AB Eurpn Eqty EP

Fund information
Fund name
FL AllianceBernstein European Equity EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Nicholas Davidsonsince 28/05/2001
  • European Value Equities Investment Groupsince 28/05/2001
No data available.
Fund objective
AllianceBernstein state that the aim of the fund is to increase the value of investment over the long term. The portfolio may invest in European securities where the issuers have their registered office or exercise the predominant part of their economic activities in Europe. The fund can invest in emerging markets and is therefore subject to higher volatility and higher risks (e.g. liquidity risk, currency risk, political risk, regulatory risk and economic risk). The fund may use derivatives for investment purposes.
Benchmark
  • MSCI Europe
Investment style
Value
Investment method
No data available.
Quick stats
1 Year return
28.2%
1 Year rank in sector
2/25
Sector
PN Europe Including UK
Yield
-
Fund size
£1m (£0m 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.
99
Bid price
153.3
Offer price
153.3
Top in this sector
Fund name1 Year
ReAssure BL Eupn Eq Trk Pn31.7%
FL AB Eurpn Eqty EP28.2%
OMW M&G Euro Smaller Cos27.8%
FL T. Rowe Prc Erpn SmCoEqPn25.7%
OMW Aberdeen Eurpn Sm Cos Eq25.1%
...more in PN Europe Including UK

Performance snapshot

Holdings snapshot

  • UK24.6%
    France18.5%
    Netherlands12.7%
    Germany11.6%
    Others10.5%
  • Financials16.3%
    Consumer Staples15.6%
    Health Care12.8%
    Materials11.8%
    Energy9.6%
  • UK Equities24.6%
    French Equities18.5%
    Dutch Equities12.7%
    German Equities11.6%
    International Equities10.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%7.7%13.6%28.2%37.2%85.4%
Sector2.4%5.8%7.9%20.3%25.2%67.8%
Rank within sector17 / 263 / 262 / 252 / 255 / 206 / 17
Quartile3rd1st1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund6.5%20.5%10.1%-0.6%28.1%
Sector4.8%12.9%7.7%-0.4%24.8%
Rank within sector3 / 263 / 249 / 209 / 205 / 19
Quartile1st1st2nd2nd2nd
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.
2.17
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.
1.13
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.
0.52
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%.
12.32
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.
2.95
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.
0.99
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.
0.95
Price movement
52 week high155.5
52 week low115.1
Current bid price153.3
Current offer price153.3
Current mid price-
Region
1UK24.6%
2France18.5%
3Netherlands12.66%
4Germany11.62%
5Others10.49%
6Switzerland6.13%
7Norway4.85%
8Sweden3.86%
9Denmark3.67%
Industry sector
1Financials16.25%
2Consumer Staples15.62%
3Health Care12.81%
4Materials11.8%
5Energy9.55%
6Industrials8.77%
7Consumer Discretionary8.04%
8Others5.86%
9Telecommunications5.82%
Asset type
1UK Equities24.6%
2French Equities18.5%
3Dutch Equities12.66%
4German Equities11.62%
5International Equities10.49%
6Swiss Equities6.13%
7Norwegian Equities4.85%
8Swedish Equities3.86%
9Danish Equities3.67%
Individual holdings
1ROYAL DUTCH SHELL5.01%
2ROCHE HLDG AG4.52%
3BRITISH AMERICAN TOBACCO4.29%
4SANOFI3.92%
5HENKEL AG & CO KGAA2.88%
6AIRBUS SE2.48%
7COVESTRO AG2.36%
8VODAFONE GROUP2.26%
9LIBERTY GLOBAL PLC2.2%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AllianceBernstein state that the aim of the fund is to increase the value of investment over the long term. The portfolio may invest in European securities where the issuers have their registered office or exercise the predominant part of their economic activities in Europe. The fund can invest in emerging markets and is therefore subject to higher volatility and higher risks (e.g. liquidity risk, currency risk, political risk, regulatory risk and economic risk). The fund may use derivatives for investment purposes.
Benchmark
  • MSCI Europe
Investment style
Value
Investment method
No data available.
Fund managers
NameSinceBiography
Nicholas Davidson28/05/2001Mr. Davidson joined the firm in 2005 as a Senior Portfolio Manager.
European Value Equities Investment Group28/05/2001
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL AllianceBernstein European Equity EP
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price153.3
Offer price153.3
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW471
Data provided by

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