Fact sheet: FL AXA Wlth Elite Bal Mgd EP

Fund information
Fund name
FL AXA Wealth Elite Balanced Managed EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Architas Multi-Manager Limitedsince 01/01/2010
Underlying fund
AXA Wealth Elite Balan Mgd Pn
Fund objective
AXA Wealth state that the fund aims to outperform the ABI Mixed Investment 40-85% Shares sector average over 3-year rolling periods. It targets a weighting of 2% less than the ABI maximum permitted equity content for the ABI Mixed Investment 40-85% Shares sector. No property will be held in the fund. Subject to these limits the mix between the various UK and international shares and fixed interest securities is then guided using the average of other funds in the sector. Separate specialist fund managers are then chosen for each asset class using a strict selection criteria.
Benchmark
  • ABI Mixed Investment 40%-85% Shares
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
17.3%
1 Year rank in sector
512/863
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£55m (£52m 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.
61
Bid price
206
Offer price
206
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn31.1%
FL My Ftr Advantage Gth Pn29.6%
FL My Ftr Adv Gth XE/IE Pn29.1%
Scot Eq Ext Bal Coll (ex MLC) Pn28.6%
Scot Eq Sequel Adven Jrny Pn27.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • UK Equities27.2%
    North American Equities13.6%
    UK Gilts13.4%
    Europe ex UK Equities11.7%
    Others10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%3.8%5.3%17.3%28.6%57.3%
Sector0.7%3.8%5%17%27.5%49.1%
Rank within sector392 / 904487 / 893532 / 892512 / 863322 / 705145 / 612
Quartile2nd3rd3rd3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.1%13.3%4.4%5.5%17.9%
Sector3.1%14.3%2.2%5.7%13.1%
Rank within sector581 / 893523 / 794110 / 747280 / 68973 / 662
Quartile3rd3rd1st2nd1st
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.
-0.15
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.
1.05
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.
0.61
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%.
7.57
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.
1.63
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.
0.12
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 high208.5
52 week low174.1
Current bid price206
Current offer price206
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1UK Equities27.2%
2North American Equities13.6%
3UK Gilts13.4%
4Europe ex UK Equities11.7%
5Others10%
6Money Market7.5%
7Japanese Equities5%
8UK Corporate Fixed Interest4.1%
9Asia Pacific ex Japan Equities3.3%
Individual holdings
1AXA WEALTH ELITE UK EQUITY PN S429.06%
2AXA WEALTH ELITE BOND PN S420.2%
3AXA WEALTH ELITE NORTH AMERICAN EQUITY PN S413.34%
4AXA WEALTH ELITE EUROPEAN EQUITY PN S411.78%
5AXA WEALTH ELITE ALTERNATIVES PN8.47%
6AXA WEALTH MONEY MARKET PN S46.57%
7AXA WEALTH ELITE JAPAN PN S45.01%
8AXA WEALTH ELITE ASIA PACIFIC PN S43.57%
9AXA WEALTH ELITE GLOBAL EMERGING MARKETS PN S42.01%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
AXA Wealth state that the fund aims to outperform the ABI Mixed Investment 40-85% Shares sector average over 3-year rolling periods. It targets a weighting of 2% less than the ABI maximum permitted equity content for the ABI Mixed Investment 40-85% Shares sector. No property will be held in the fund. Subject to these limits the mix between the various UK and international shares and fixed interest securities is then guided using the average of other funds in the sector. Separate specialist fund managers are then chosen for each asset class using a strict selection criteria.
Benchmark
  • ABI Mixed Investment 40%-85% Shares
Investment style
Balanced
Investment method
No data available.
Fund manager
NameSinceBiography
Architas Multi-Manager Limited01/01/2010
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL AXA Wealth Elite Balanced Managed EP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price277.2
Offer price277.2
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RC
FL AXA Wealth Elite Balanced Managed EP S3
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price206
Offer price206
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RD
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.