Fact sheet: FL AEGON UK Lg CorpBd Pension EP

Fund information
Fund name
FL AEGON UK Long Corporate Bond Pension EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
Scot Eq UK Long Corp Bd Pn
Fund objective
Aegon state that the fund invests primarily in a wide range of Sterling denominated investment grade corporate bonds with maturities of 10 years or over. Investment grade bonds have credit ratings between AAA and BBB- or equivalent. The fund may also invest to a lesser degree in overseas bonds (on a currency hedged basis), government bonds, short-dated bonds (those with less than five years to maturity), high yield bonds and cash.
Benchmark
  • iBoxx UK Sterling Non-Gilts 10 or More Years
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.4%
1 Year rank in sector
93/117
Sector
PN Sterling Long Bonds
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.
74
Bid price
190.6
Offer price
190.6
Top in this sector
Fund name1 Year
Ignis Standard Lg Gilt Pn25.7%
Stan Life L&G Ov15Yr IL GltIdx Pn23.1%
Pru Sup Lg Idx Lkd Pn17.7%
M&G PP Super Long Index Linked Pn17.6%
L&G PMC Pre-RetimtInf Lkd Pn15.3%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • UK99%
    Money Market1%
  • Corporate Bonds76.9%
    Asset/Mortgage-Backed Securities12.5%
    Government Bonds9.9%
    Cash & Cash Equivalents1%
    Government Guaranteed-0.1%
  • UK Corporate Fixed Interest76.9%
    UK Fixed Interest12.5%
    UK Gilts9.8%
    Money Market1%
    Alternative Investment Strategies-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.7%-9.2%3.6%10.4%29.5%50%
Sector-2.6%-9.9%4.1%11.8%38.4%45.5%
Rank within sector87 / 11739 / 11939 / 11893 / 11798 / 10523 / 92
Quartile3rd2nd2nd4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund11.3%0.8%16.3%-2.3%15.7%
Sector14.4%0%21.3%-4.3%6.5%
Rank within sector104 / 11817 / 110101 / 10531 / 1004 / 92
Quartile4th1st4th2nd1st
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.
-0.03
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.
0.79
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.
0.54
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%.
9.39
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.
4.22
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.
-0.52
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.
0.85
Price movement
52 week high212.2
52 week low170.5
Current bid price190.6
Current offer price190.6
Current mid price-
Region
1UK99%
2Money Market1%
Industry sector
1Corporate Bonds76.9%
2Asset/Mortgage-Backed Securities12.5%
3Government Bonds9.9%
4Cash & Cash Equivalents1%
5Government Guaranteed-0.1%
6Derivatives-0.2%
Asset type
1UK Corporate Fixed Interest76.9%
2UK Fixed Interest12.5%
3UK Gilts9.8%
4Money Market1%
5Alternative Investment Strategies-0.2%
Individual holdings
1DONG ENGY A/S 4.875%4.5%
2NET RAIL INFRA 4.75%3.4%
3WESTERN PWR WEST 5.75%2.2%
4GE CAP UK FD 5.875%2.1%
5AVIVA 6.875%/FLTG RATE NTS 22/05/38 EUR500002%
6INTERNATIONAL BANK FOR REC & DEV 2.75% MTN 07/05/19 CHF50001.9%
7AT&T 7%1.8%
8TEMASEK FINANCIAL I LTD 5.125% GTD 26/07/40 GBP1000001.8%
9EDF 5.125%1.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Aegon state that the fund invests primarily in a wide range of Sterling denominated investment grade corporate bonds with maturities of 10 years or over. Investment grade bonds have credit ratings between AAA and BBB- or equivalent. The fund may also invest to a lesser degree in overseas bonds (on a currency hedged basis), government bonds, short-dated bonds (those with less than five years to maturity), high yield bonds and cash.
Benchmark
  • iBoxx UK Sterling Non-Gilts 10 or More Years
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 Long 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)0.66%
Bid price190.6
Offer price190.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW311
Data provided by

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