Fact sheet: FL AB Gbl Val Hd XE Pn

Fund information
Fund name
FL Alliance Bernstein Global Value (Hedged) XE Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Global Value Investment Policy Groupsince 23/04/2001
No data available.
Fund objective
AllianceBernstein state that the fund seeks to increase the value of investments over the long term. Under normal circumstances, the fund invests mainly in equities of companies anywhere in the world, including in emerging market countries. The manager aims to identify securities that it believes are attractively priced relative to their potential for future earnings. The fund may also hold cash, cash equivalents and short-term debt securities such as money market instruments.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
19%
1 Year rank in sector
933/965
Sector
PN Global Equities
Yield
-
Fund size
£9m (£7m last year)
Bid price
111.5
Offer price
111.5
Top in this sector
Fund name1 Year
Stan Life M&G Global Dividend Pn57.5%
OMW IPL M&G Global Dividend Pn56.2%
LV= M&G Global Div Pn56.1%
RLP M&G Global Dividend Pn56%
AXA Wealth M&G Global Div Pn56%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA50.4%
    International11.3%
    Japan10.2%
    UK9.2%
    Netherlands5.5%
  • Financials17.2%
    Information Technology16%
    Health Care12.9%
    Consumer Discretionary12.4%
    Consumer Staples10.6%
  • US Equities50.4%
    International Equities11.3%
    Japanese Equities10.2%
    UK Equities9.2%
    Dutch Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%7.5%7.4%19%--
Sector4.3%4.7%13.3%32.9%39.1%84.6%
Rank within sector1012 / 104376 / 1036955 / 1030933 / 965--
Quartile4th1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.4%6.9%---
Sector2.8%22.4%3.7%7.8%21.4%
Rank within sector816 / 1043951 / 962---
Quartile4th4th
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 high111.5
52 week low87.6
Current bid price111.5
Current offer price111.5
Current mid price-
Region
1USA50.36%
2International11.32%
3Japan10.18%
4UK9.24%
5Netherlands5.52%
6France4.58%
7Korea2.35%
8Canada2.25%
9Australia2.24%
Industry sector
1Financials17.22%
2Information Technology15.98%
3Health Care12.88%
4Consumer Discretionary12.37%
5Consumer Staples10.64%
6Energy8.36%
7Telecommunications7.5%
8Industrials6.67%
9Materials4.89%
Asset type
1US Equities50.36%
2International Equities11.32%
3Japanese Equities10.18%
4UK Equities9.24%
5Dutch Equities5.52%
6French Equities4.58%
7South Korean Equities2.35%
8Canadian Equities2.25%
9Australian Equities2.24%
Individual holdings
1ROYAL DUTCH SHELL2.55%
2ALTRIA GROUP INC1.94%
3DOLLAR GENERAL CORP1.91%
4ORACLE CORP1.76%
5AMERICAN INTL GROUP1.6%
6BRITISH AMERICAN TOBACCO PLC1.57%
7ROCHE HLDG AG1.56%
8AIRBUS GROUP SE1.55%
9Cigna Corp ORD1.53%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AllianceBernstein state that the fund seeks to increase the value of investments over the long term. Under normal circumstances, the fund invests mainly in equities of companies anywhere in the world, including in emerging market countries. The manager aims to identify securities that it believes are attractively priced relative to their potential for future earnings. The fund may also hold cash, cash equivalents and short-term debt securities such as money market instruments.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Global Value Investment Policy Group23/04/2001
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Alliance Bernstein Global Value (Hedged) 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 price111.5
Offer price111.5
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC9D
FL Alliance Bernstein Global Value (Hedged) 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)0.54%
Bid price-
Offer price-
Mid price1.1051
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC9E
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.