Fact sheet: FL AXA Fram Mgd Bal AP

Fund information
Fund name
FL AXA Framlington Managed Balanced AP 1 Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Jamie Hoopersince 01/11/2006
  • Richard Peirsonsince 01/03/1994
Underlying fund
AXA FrmlngtnMgdBal
Fund objective
AXA state that the aim of this fund is to generate capital growth. The fund invests in a broad range of securities in all or any economic sectors in all or any parts of the world which, in the manager's opinion, show above average profitability, management quality and growth, balancing risk and return for investors.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
7.2%
1 Year rank in sector
611/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£83m (£85m 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
271.1
Offer price
285.4
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn21.5%
FL My Ftr Adv Gth XE/IE Pn20.2%
FL My Ftr Advantage Gth Pn19.9%
OMW S&W Millbank East River19.5%
Scot Eq Ext Bal Coll (ex MLC) Pn18.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK42.7%
    Europe ex UK15.7%
    North America14.1%
    Money Market9.4%
    Japan5.7%
  • Others26.1%
    Financials11.5%
    Health Care11.2%
    Consumer Discretionary10.8%
    Information Technology9.8%
  • UK Equities35.2%
    Europe ex UK Equities15.7%
    North American Equities14.1%
    Money Market9.4%
    UK Fixed Interest7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.4%-2%6%7.2%15.9%49.5%
Sector-2.3%-0.8%8.2%9.1%19.7%47.8%
Rank within sector820 / 913739 / 912729 / 894611 / 794555 / 692282 / 595
Quartile4th4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.1%2.6%3.1%17.4%12.2%
Sector10%2.2%5.7%13.1%9.9%
Rank within sector612 / 800302 / 753596 / 69292 / 66192 / 596
Quartile4th2nd4th1st1st
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.
-1.15
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.
1.04
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.
0.26
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%.
7.62
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.
1.84
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.
-0.49
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.
0.94
Price movement
52 week high289
52 week low228.6
Current bid price271.1
Current offer price285.4
Current mid price-
Region
1UK42.73%
2Europe ex UK15.68%
3North America14.12%
4Money Market9.37%
5Japan5.72%
6Pacific ex-Japan3.87%
7Global Emerging Markets3.74%
8International3.46%
9Others1.31%
Industry sector
1Others26.06%
2Financials11.47%
3Health Care11.16%
4Consumer Discretionary10.78%
5Information Technology9.78%
6Money Market9.37%
7Industrials9.29%
8Consumer Staples6.05%
9Energy6.04%
Asset type
1UK Equities35.15%
2Europe ex UK Equities15.68%
3North American Equities14.12%
4Money Market9.37%
5UK Fixed Interest7.58%
6Japanese Equities5.72%
7Asia Pacific ex Japan Equities3.87%
8Global Emerging Market Equities3.74%
9Global Fixed Interest3.46%
Individual holdings
1AXA FRAMLINGTON EMERGING MARKETS R ACC3.7%
2TREASURY 4.75% GILT 20202.2%
3BP2%
4GLAXOSMITHKLINE2%
5ROYAL DUTCH SHELL2%
6TREASURY 1% GILT 07/09/17 GBP0.012%
7UNILEVER1.3%
8VODAFONE GROUP1.3%
9ASTRAZENECA PLC1.2%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AXA state that the aim of this fund is to generate capital growth. The fund invests in a broad range of securities in all or any economic sectors in all or any parts of the world which, in the manager's opinion, show above average profitability, management quality and growth, balancing risk and return for investors.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Jamie Hooper01/11/2006Jamie Hooper joined AXA Investment Managers in November 2006 and is the lead manager responsible for the AXA Framlington UK Growth fund. Jamie joined from Foreign & Colonial (F&C) where he worked initially as a analyst of pan-European financial companies before successfully managing UK equity portfolios for both Institutional and Investment Trust clients (including the ISIS UK Select Trust plc). He joined F&C in 1995 following a career in banking, where Jamie worked for Barclays plc as a senior corporate advances analyst for eight years. Jamie is an Associate of the Chartered Institute of Bankers and the UK Society of Investment Professionals (formerly AIIMR).
Richard Peirson01/03/1994After graduating from the University of Liverpool in 1970 with a degree in Computational and Statistical Science, Richard worked briefly as a computer consultant at Arthur Andersen before moving to the City in 1972. From 1975 he worked at Carr Sebag with private clients, moving with the business to Grieveson Grant and then Kleinwort Benson in 1986. From 1991 he was head of UK Active Management and Equity Research, being responsible for both institutional and retail portfolios. Richard joined the company in March 1994 where he is responsible for the management of a number of pension funds and unit trusts.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL AXA Framlington Managed Balanced AP
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price401.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGT30
FL AXA Framlington Managed Balanced AP 0 Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price297.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAI99
FL AXA Framlington Managed Balanced AP 1 Acc
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price271.1
Offer price285.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQP14
FL AXA Framlington Managed Balanced AP Inet
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price275.3
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG778
Data provided by

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