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
18.9%
1 Year rank in sector
588/860
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£54m (£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
208.5
Offer price
208.5
Top in this sector
Fund name1 Year
Scot Eq Sequel Adven Jrny Pn35.2%
Scot Eq Sequel Adventurous Pn35.1%
BlackRock LGIM Oseas Consn Idx Pn33.5%
Scot Eq Ext Bal Coll (ex MLC) Pn32.1%
Scot Eq Adventrs Slct Pfl Pn31%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • UK Equities28.6%
    UK Gilts15.4%
    North American Equities13%
    Europe ex UK Equities11.5%
    Others8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.4%7.5%18.9%29.2%70.6%
Sector1.6%2%7.5%19.2%27.2%59.1%
Rank within sector678 / 901262 / 901498 / 890588 / 860284 / 709118 / 618
Quartile4th2nd3rd3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund4.3%13.3%4.4%5.5%17.9%
Sector4.2%14.3%2.2%5.7%13.1%
Rank within sector402 / 890521 / 791108 / 744280 / 68774 / 660
Quartile2nd3rd1st2nd1st
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.
0.23
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.
0.71
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%.
7.55
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.
0.35
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 high210.3
52 week low174.1
Current bid price208.5
Current offer price208.5
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1UK Equities28.6%
2UK Gilts15.4%
3North American Equities13%
4Europe ex UK Equities11.5%
5Others8.7%
6Money Market6.8%
7UK Corporate Fixed Interest4.7%
8Japanese Equities3.9%
9Asia Pacific ex Japan Equities2.9%
Individual holdings
1AXA WEALTH ELITE UK EQUITY PN S429.33%
2AXA WEALTH ELITE BOND PN S423.09%
3AXA WEALTH ELITE NORTH AMERICAN EQUITY PN S412.76%
4AXA WEALTH ELITE EUROPEAN EQUITY PN S412.12%
5AXA WEALTH ELITE ALTERNATIVES PN8.04%
6ARCHITAS UK LIQUIDITY RET GR ACC6%
7AXA WEALTH ELITE JAPAN PN S43.79%
8AXA WEALTH ELITE ASIA PACIFIC PN S42.91%
9AXA WEALTH ELITE GLOBAL EMERGING MARKETS PN S41.97%
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 price280.5
Offer price280.5
Mid price-
CurrencyGBX
Price updated19/05/2017
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 price208.5
Offer price208.5
Mid price-
CurrencyGBX
Price updated19/05/2017
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.