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
14.5%
1 Year rank in sector
33/116
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.
76
Bid price
196.4
Offer price
196.4
Top in this sector
Fund name1 Year
Stan Life L&G Ov15Yr IL GltIdx Pn23.2%
M&G PP Long Dated Corporate Bond Pn22.2%
OMW M&G PP Lg Dted Corp Bd Pn21.3%
Pru Long Dated Corp Bond Pn20.6%
RLP Long (15yr) Corporate Bond Pn19%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • UK99%
    Money Market1%
  • Corporate Bonds75%
    Asset/Mortgage-Backed Securities13%
    Government Bonds5.6%
    Government Guaranteed3.6%
    Cash & Cash Equivalents2.8%
  • UK Corporate Fixed Interest75%
    UK Fixed Interest13%
    UK Gilts9.2%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%2.9%-6.3%14.5%30.1%52.4%
Sector2.3%2.5%-7.4%12.1%38.8%47.7%
Rank within sector73 / 11754 / 11726 / 11733 / 11696 / 10623 / 96
Quartile3rd2nd1st2nd4th1st
Calendar performance
 YTD - 20172016201520142013
Fund0.2%14.4%0.8%16.3%-2.3%
Sector-0.7%17.7%0%21.3%-4.3%
Rank within sector14 / 117101 / 11817 / 110101 / 10531 / 100
Quartile1st4th1st4th2nd
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.
0.08
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.
0.78
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.
0.51
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%.
9.48
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.
4.24
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.
-0.48
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 low171.5
Current bid price196.4
Current offer price196.4
Current mid price-
Region
1UK99%
2Money Market1%
Industry sector
1Corporate Bonds75%
2Asset/Mortgage-Backed Securities13%
3Government Bonds5.6%
4Government Guaranteed3.6%
5Cash & Cash Equivalents2.8%
Asset type
1UK Corporate Fixed Interest75%
2UK Fixed Interest13%
3UK Gilts9.2%
4Money Market2.8%
Individual holdings
1NET RAIL INFRA 4.75%3.3%
2 LONG GILT FUTURE MAR172.3%
3GE CAP UK FD 5.875%2.2%
4WESTERN PWR WEST 5.75%2.2%
5NTL BK RECON&DV 5.75%2%
6 US 10YR NOTE (CBT)MAR171.9%
7AVIVA1.9%
8UK GOVERNMENT BOND 4.75%1.9%
9DONG ENGY A/S 4.875%1.8%
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 price196.4
Offer price196.4
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW311
Data provided by

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