Fact sheet: FL AXA Framlington European AP

Fund information
Fund name
FL AXA Framlington European AP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Mark Hargravessince 01/12/2000
Underlying fund
AXA Framlington European
Fund objective
AXA state that the aim of the fund is to produce capital growth. The policy is to invest principally in shares of companies in continental Europe. Investment is in companies which, in the manager's opinion, show above average profitability, management quality and growth.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.5%
1 Year rank in sector
60/359
Sector
PN Europe Excluding UK
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.
110
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn25.5%
Scot Eq Neptune Eur Opps Pn25.4%
Guardian Choices European Pn24.9%
RLP EurSpl(NeptuneEurpOpp)Pn24.3%
OMW Old Mut Euro (ex UK) Sm Cos23.4%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany24.5%
    France22.9%
    Switzerland19%
    Netherlands8.7%
    Others6.2%
  • Financials20.8%
    Consumer Discretionary18.4%
    Health Care17.7%
    Consumer Staples12.3%
    Information Technology10.6%
  • German Equities24.5%
    French Equities22.9%
    Swiss Equities19%
    Dutch Equities8.7%
    International Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%0.2%9.7%14.5%27.5%91.6%
Sector-1.3%-0.3%8.1%11.2%24.4%74.2%
Rank within sector148 / 369127 / 369109 / 36860 / 35987 / 34048 / 312
Quartile2nd2nd2nd1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund13.8%10%-1.9%24%28.9%
Sector9.6%9.4%-0.2%25.6%19.2%
Rank within sector60 / 359125 / 353272 / 341217 / 3293 / 311
Quartile1st2nd4th3rd1st
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.
0.51
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.
1.03
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.
0.31
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%.
11.82
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.
2.69
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.
0.25
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 high374.4
52 week low273.2
Current bid price-
Current offer price-
Current mid price351.5
Region
1Germany24.54%
2France22.85%
3Switzerland18.96%
4Netherlands8.72%
5Others6.24%
6Denmark5.57%
7Norway5.52%
8Belgium4.74%
9Sweden2.86%
Industry sector
1Financials20.82%
2Consumer Discretionary18.38%
3Health Care17.66%
4Consumer Staples12.33%
5Information Technology10.61%
6Industrials6.3%
7Energy5.08%
8Telecommunications Utilities4.56%
9Materials3.66%
Asset type
1German Equities24.54%
2French Equities22.85%
3Swiss Equities18.96%
4Dutch Equities8.72%
5International Equities6.24%
6Danish Equities5.57%
7Norwegian Equities5.52%
8Belgian Equities4.74%
9Swedish Equities2.86%
Individual holdings
1NESTLE SA4.9%
2ROCHE HLDG AG4.5%
3NOVARTIS AG4.3%
4SAP SE3.5%
5STATOIL ASA3.1%
6ALLIANZ SE2.9%
7ING GROEP N.V.2.9%
8BAYER AG2.8%
9NOVO-NORDISK AS2.8%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AXA state that the aim of the fund is to produce capital growth. The policy is to invest principally in shares of companies in continental Europe. Investment is in companies which, in the manager's opinion, show above average profitability, management quality and growth.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Mark Hargraves01/12/2000Joined AXA Investment Managers as a portfolio manager in 2000 and has a wide range of fund management experience managing European, EAFE and global portfolios. He is currently lead manager of a number of retail and institutional products in European and global equities. Mark started his fund management career in 1996 at Hambros Fund Management. He attended the University of Bristol, gaining a Geography BSc (Hons). In 2000, he obtained a Masters in Finance from London Business School. He is an Associate Member of the CFA Institute of UK.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL AXA Framlington European AP
Initial charge-
Annual charge0.93%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price351.5
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE075
FL AXA Framlington European AP Inet
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price302.6
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE074
Data provided by

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