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
6%
1 Year rank in sector
175/260
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.
45
Bid price
165.6
Offer price
165.6
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn15.9%
BlackRock DC AqOv 15 YCrp BdIx HP13.7%
AEGON Long Core Plus Pn13.5%
MetLife Fid Corp Bd 16yr Pn12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.6%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK34.2%
    Europe25.3%
    International19.3%
    North America16.2%
    Money Market1.5%
  • Corporate Bonds80.1%
    Asset/Mortgage-Backed Securities11.3%
    Cash & Cash Equivalents4.4%
    Government Guaranteed3.3%
    Government Bonds1.3%
  • UK Corporate Fixed Interest31.1%
    European Fixed Interest27.4%
    Global Fixed Interest22.6%
    North American Fixed Interest10.7%
    Money Market3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-5.6%2.7%6%20.5%40.8%
Sector-1.3%-4.7%2.4%6.8%18.8%39.5%
Rank within sector180 / 265215 / 26595 / 265175 / 26079 / 23591 / 210
Quartile3rd4th2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.5%0.6%11%0.8%14%
Sector7.5%0.2%10.5%1%13.5%
Rank within sector116 / 260109 / 246103 / 235133 / 22694 / 210
Quartile2nd2nd2nd3rd2nd
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.
-0.57
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.
1.15
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.
0.4
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.
1.55
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.
0.14
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 low152.9
Current bid price165.6
Current offer price165.6
Current mid price-
Region
1UK34.17%
2Europe25.3%
3International19.28%
4North America16.24%
5Money Market1.45%
6Global Emerging Markets1.21%
7Others1.07%
8Not Specified0.74%
9Asia Pacific ex Japan0.54%
Industry sector
1Corporate Bonds80.1%
2Asset/Mortgage-Backed Securities11.3%
3Cash & Cash Equivalents4.4%
4Government Guaranteed3.3%
5Government Bonds1.3%
6Derivatives-0.4%
Asset type
1UK Corporate Fixed Interest31.1%
2European Fixed Interest27.39%
3Global Fixed Interest22.58%
4North American Fixed Interest10.7%
5Money Market3.48%
6Global Emerging Market Fixed Interest1.26%
7UK Gilts1.02%
8Japanese Fixed Interest0.9%
9Asia Pacific ex Japan Fixed Interest0.57%
Individual holdings
1NATL GRID ELEC TRA 7.375%2%
2KREDITANST FUR WIE 6%1.9%
3US 10YR NOTE CBT DEC20161.9%
4KREDITANSTALT FUER WIEDERAUFBAU KFW 5.55% BDS 7/6/2021 GBP10001.3%
5BRITISH LAND CO PLC 5.264%1ST MTG DEB BDS 24/09/35 GBP11.2%
6KREDITANSTALT FUER WIEDERAUFBAU 5.75%1.2%
7NATL GRID ELEC TRA 7.375%1.2%
8EURO INV BK 4.5%1.1%
9LCR FINANCE 4.5% 12/07/281.1%
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 price165.6
Offer price165.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW310
Data provided by

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