Fact sheet: FL AEGON UK Corp Bd PnEP

Fund information
Fund name
FL AEGON UK Corporate Bond Pension EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
Scot Eq UK Corporate Bond Pn
Fund objective
Aegon state that the fund aims to maximise total return by investing primarily in a wide range of Sterling denominated investment grade corporate bonds across all maturities. The fund also has the ability to invest to a lesser degree in overseas bonds (on a currency hedged basis), government bonds, high yield bonds and cash.
Benchmark
  • iBoxx UK Sterling Non-Gilts
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12%
1 Year rank in sector
73/261
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£1m (£1m 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.
47
Bid price
171.9
Offer price
171.9
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP20.3%
L&G PMC AAAAAA CpBd Ov15Y Id Pn19.4%
OMW IPL L&G AAA CrpBdOv15YIx Pn17.2%
FL M&G All Stocks Corp Bd Pn16.4%
M&G PP All Stock Corporate Bond Pn16.3%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK31.2%
    Europe27.5%
    International26.6%
    North America12.4%
    Global Emerging Markets1.2%
  • Corporate Bonds82.8%
    Asset/Mortgage-Backed Securities10.2%
    Government Guaranteed6%
    Convertibles0.8%
    Cash & Cash Equivalents0.1%
  • UK Corporate Fixed Interest30.8%
    European Fixed Interest27.5%
    Global Fixed Interest26.5%
    North American Fixed Interest12.4%
    Global Emerging Market Fixed Interest1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%3.1%-2.4%12%21.7%38.9%
Sector2.4%3.1%-2%10.8%19.7%36.4%
Rank within sector40 / 262155 / 264181 / 26573 / 26176 / 23578 / 216
Quartile1st3rd3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.7%9.7%0.6%11%0.8%
Sector1.3%9.4%0.2%10.5%1%
Rank within sector51 / 264104 / 260109 / 246103 / 235132 / 226
Quartile1st2nd2nd2nd3rd
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.
-0.04
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.
1.14
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.
0.47
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%.
6.27
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.
1.57
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.
0.46
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 high178
52 week low153.9
Current bid price171.9
Current offer price171.9
Current mid price-
Region
1UK31.2%
2Europe27.48%
3International26.56%
4North America12.36%
5Global Emerging Markets1.21%
6Asia Pacific ex Japan0.56%
7Not Specified0.51%
8Money Market0.13%
Industry sector
1Corporate Bonds82.8%
2Asset/Mortgage-Backed Securities10.2%
3Government Guaranteed6%
4Convertibles0.8%
5Cash & Cash Equivalents0.1%
6Government Bonds0.1%
Asset type
1UK Corporate Fixed Interest30.8%
2European Fixed Interest27.48%
3Global Fixed Interest26.48%
4North American Fixed Interest12.36%
5Global Emerging Market Fixed Interest1.21%
6Asia Pacific ex Japan Fixed Interest0.56%
7Preference Shares0.51%
8UK Index-Linked0.4%
9Money Market0.13%
Individual holdings
1 LONG GILT FUTURE MAR171.9%
2EURO BUND FUTURE DEC 20161.5%
3KREDITANST FUR WIE 6%1.3%
4BRITISH LAND CO PLC 5.264%1ST MTG DEB BDS 24/09/35 GBP11.2%
5AA BOND CO FRN1.1%
6KREDITANSTALT FUER WIEDERAUFBAU 5.75%1.1%
7LCR FINANCE 4.5% 12/07/281.1%
8WAL-MART STORES IN 5.625%1.1%
9WESTERN POWER DIST EAST 5.25% BDS 17/01/23 GBP1000001.1%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Aegon state that the fund aims to maximise total return by investing primarily in a wide range of Sterling denominated investment grade corporate bonds across all maturities. The fund also has the ability to invest to a lesser degree in overseas bonds (on a currency hedged basis), government bonds, high yield bonds and cash.
Benchmark
  • iBoxx UK Sterling Non-Gilts
Investment style
No data available.
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 AEGON UK Corporate Bond Pension EP
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.67%
Bid price171.9
Offer price171.9
Mid price-
CurrencyGBX
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW310
Data provided by

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