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 24/04/2001
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
16.9%
1 Year rank in sector
964/985
Sector
PN Global Equities
Yield
-
Fund size
£10m (£7m 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.
103
Bid price
118.9
Offer price
118.9
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn52.9%
FL Baillie Giff LT Gbl Gth Pn50.8%
Baillie Gifford Lng Tm Gbl Gth Pn50.1%
Zurich BailGfrd LgTrmGblGth49.7%
Stan Life BGiff LgTmGlGtOEICPn48.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA48.7%
    Others13.2%
    Japan11%
    UK8.3%
    Netherlands4.1%
  • Information Technology18.6%
    Financials17.7%
    Health Care13.2%
    Consumer Staples10.6%
    Consumer Discretionary9.9%
  • US Equities48.7%
    International Equities13.2%
    Japanese Equities11%
    UK Equities8.3%
    Dutch Equities4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%3.2%11.7%16.9%--
Sector2.2%2.9%10.1%29.7%44.6%95.1%
Rank within sector350 / 1038467 / 1032232 / 1016964 / 985--
Quartile2nd2nd1st4th
Calendar performance
 YTD - 20172016201520142013
Fund9.2%6.9%---
Sector6.3%22.4%3.7%7.8%21.4%
Rank within sector84 / 1017932 / 939---
Quartile1st4th
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 high118.9
52 week low94.1
Current bid price118.9
Current offer price118.9
Current mid price-
Region
1USA48.65%
2Others13.16%
3Japan10.97%
4UK8.33%
5Netherlands4.13%
6France3.92%
7Korea3.44%
8Switzerland2.72%
9Australia2.56%
Industry sector
1Information Technology18.58%
2Financials17.72%
3Health Care13.15%
4Consumer Staples10.6%
5Consumer Discretionary9.92%
6Telecommunications7.59%
7Energy7.47%
8Industrials7.13%
9Materials4.27%
Asset type
1US Equities48.65%
2International Equities13.16%
3Japanese Equities10.97%
4UK Equities8.33%
5Dutch Equities4.13%
6French Equities3.92%
7South Korean Equities3.44%
8Swiss Equities2.72%
9Australian Equities2.56%
Individual holdings
1ROYAL DUTCH SHELL2.56%
2BT GROUP1.95%
3ALTRIA GROUP INC1.9%
4ORACLE CORP1.76%
5BRITISH AMERICAN TOBACCO1.64%
6KROGER CO1.58%
7SAMSUNG ELECTRONICS CO1.52%
8AIRBUS SE1.49%
9APPLE INC1.49%
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 Group24/04/2001
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 price118.9
Offer price118.9
Mid price-
CurrencyGBX
Price updated25/05/2017
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 price1.1767
CurrencyGBP
Price updated24/05/2017
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.