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
10.6%
1 Year rank in sector
452/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£55m (£55m 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
194.7
Offer price
194.7
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.2%
Scot Eq Ext Bal Coll (ex MLC) Pn22%
FL My Ftr Adv Gth XE/IE Pn21.6%
FL My Ftr Advantage Gth Pn21.3%
Scot Eq Caerus Pfl DRP 4 Pn20.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK43%
    Others13.5%
    Europe ex UK13.3%
    North America12.1%
    Money Market11.6%
  • No data available.
  • UK Equities28.4%
    North American Equities15.5%
    Europe ex UK Equities13.6%
    UK Gilts11.4%
    Others8.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%0.3%9.6%10.6%22.5%60.4%
Sector-2.2%-0.5%9.1%10.3%20.2%49.6%
Rank within sector246 / 912488 / 912471 / 894452 / 794220 / 691109 / 595
Quartile2nd3rd3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund10.3%4.4%5.5%17.9%11.4%
Sector10.6%2.2%5.7%13.1%9.9%
Rank within sector491 / 800109 / 753284 / 69272 / 661154 / 596
Quartile3rd1st2nd1st2nd
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.
-0.02
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.
1.06
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.
0.49
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%.
7.58
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.
1.66
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.
0.21
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 high199.9
52 week low163.1
Current bid price194.7
Current offer price194.7
Current mid price-
Region
1UK43%
2Others13.5%
3Europe ex UK13.3%
4North America12.1%
5Money Market11.6%
6Japan4.1%
7Not Specified2.4%
Industry sector
No data available.
Asset type
1UK Equities28.4%
2North American Equities15.5%
3Europe ex UK Equities13.6%
4UK Gilts11.4%
5Others8.5%
6Money Market8.4%
7Japanese Equities4.8%
8Asia Pacific ex Japan Equities3.2%
9UK Corporate Fixed Interest2.6%
Individual holdings
1AXA WEALTH ELITE UK EQUITY PN S428.48%
2AXA WEALTH ELITE BOND PN S416.03%
3AXA WEALTH ELITE NORTH AMERICAN EQUITY PN S415.95%
4AXA WEALTH ELITE EUROPEAN EQUITY PN S414.49%
5AXA WEALTH ELITE ALTERNATIVES PN7.63%
6AXA WEALTH MONEY MARKET PN S46.96%
7AXA WEALTH ELITE JAPAN PN S45.12%
8AXA WEALTH ELITE ASIA PACIFIC PN S43.41%
9AXA WEALTH ELITE GLOBAL EMERGING MARKETS PN S41.93%
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 price261.9
Offer price261.9
Mid price-
CurrencyGBX
Price updated01/12/2016
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 price194.7
Offer price194.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RD
Data provided by

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