Fact sheet: FL APLgteGroXEPn

Fund information
Fund name
FL APS Long-Term Growth XE Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Team Managedsince 14/08/2011
Underlying fund
BlackRock Aqla Co Mk Adv Pn
Fund objective
The fund aims to achieve long-term capital growth in excess of the return on a cash deposit, but with lower volatility than a traditional mixed asset portfolio. The fund mainly invests in other funds that invest in shares of companies, fixed income securities, including index-linked bonds, property, derivatives, money market instruments and near cash assets. The underlying fund(s) may actively manage exposure during extreme market conditions, in order to reduce downside risk. Derivatives may be used by the underlying fund(s) for investment purposes.
Benchmark
  • 3 month GBP Libor plus 3.5%
Investment style
Active,Cautious,Growth
Investment method
None
Quick stats
1 Year return
4.9%
1 Year rank in sector
101/146
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£9m (£8m last year)
Bid price
104.9
Offer price
104.9
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn16.6%
LV= BlackRock Consensus 35 Pn16.3%
FL Defensive Index FOF Pn15.6%
SL BlackRkConsensus 35 Pn15.3%
OMW BlackRock Consensus 3515.2%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Index Linked16.5%
    Global Developed Markets Government Fixed Interest13.4%
    Global High Yield Fixed Interest12%
    Global Emerging Market Government Fixed Interest11%
    Global Investment Grade Fixed Interest10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-2.2%2.7%4.9%--
Sector-1.1%-0.9%7.4%9.9%21.5%38.9%
Rank within sector25 / 17691 / 175131 / 166101 / 146--
Quartile1st3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6%----
Sector10.3%2.3%7.6%5.6%6.9%
Rank within sector95 / 146----
Quartile3rd
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 high108.1
52 week low95.5
Current bid price104.9
Current offer price104.9
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Index Linked16.5%
2Global Developed Markets Government Fixed Interest13.4%
3Global High Yield Fixed Interest12%
4Global Emerging Market Government Fixed Interest11%
5Global Investment Grade Fixed Interest10%
6International Small Cap Companies10%
7Property10%
8Global Emerging Market Equities7%
9Global Developed Equities5.3%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term capital growth in excess of the return on a cash deposit, but with lower volatility than a traditional mixed asset portfolio. The fund mainly invests in other funds that invest in shares of companies, fixed income securities, including index-linked bonds, property, derivatives, money market instruments and near cash assets. The underlying fund(s) may actively manage exposure during extreme market conditions, in order to reduce downside risk. Derivatives may be used by the underlying fund(s) for investment purposes.
Benchmark
  • 3 month GBP Libor plus 3.5%
Investment style
Active,Cautious,Growth
Investment method
None
Fund manager
NameSinceBiography
Team Managed14/08/2011
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL APS Long-Term Growth 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 price104.9
Offer price104.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMGXH
FL APS Long-Term Growth XE Pn Inet
Initial charge-
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price1.0415
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMGXI
Data provided by

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