Fact sheet: FL AXA Wlth Elite Ex Caut Mgd EP

Fund information
Fund name
FL AXA Wealth Elite Extra Cautious Managed EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
AXA Wealth ElitExtCauMgd Pn
Fund objective
The Fund aims to deliver asset growth with lower volatility than the ABI Mixed Investment 20%-60% Shares sector as a whole and adopts a long-term investment horizon. The Fund targets an equity weighting of 40%. Subject to these targets, the mix between the various UK and international shares and fixed interest securities is then considered with regard to the composition of other funds in the sector. Separate specialist fund managers are then chosen for each asset class using continuing assessment under a strict selection criteria.
Benchmark
  • IA Mixed 20-60% shares
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.3%
1 Year rank in sector
148/490
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£0m (£0m 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.
45
Bid price
384.3
Offer price
384.3
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn49.6%
OMW IPL F&COs EqLnkUKInflPn43.4%
OMW IPL F&C Os EqLkUK GltPn31.4%
AXA Wealth TEAMS cl Gvn ptfl VPn30.9%
Aegon Dynamic Lifestyle 2023 (RR)Pn30.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • UK Gilts29.1%
    UK Equities21.1%
    Money Market10.6%
    Others10.3%
    UK Corporate Fixed Interest9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%2.7%5.8%16.3%26%48.9%
Sector1.7%2.1%6.3%14.9%22.3%45.7%
Rank within sector287 / 530171 / 529348 / 521148 / 49097 / 411158 / 359
Quartile3rd2nd3rd2nd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.9%13.6%1.8%7.4%7.2%
Sector3.9%11.8%1.3%6%8.3%
Rank within sector280 / 522126 / 459158 / 42381 / 397290 / 380
Quartile3rd2nd2nd1st4th
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.
0.7
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.
0.75
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%.
5.83
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.
1.43
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.
0.76
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 high383.8
52 week low330.3
Current bid price384.3
Current offer price384.3
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1UK Gilts29.1%
2UK Equities21.1%
3Money Market10.6%
4Others10.3%
5UK Corporate Fixed Interest9.5%
6Global Fixed Interest6%
7Europe ex UK Equities5.9%
8North American Equities4.2%
9UK Index-Linked Gilts2.6%
Individual holdings
1AXA WEALTH FIXED INTEREST PN S429%
2AXA WEALTH ELITE UK EQUITY PN S421.15%
3AXA WEALTH ELITE BOND PN S419.97%
4AXA WEALTH ELITE ALTERNATIVES PN9.01%
5ARCHITAS UK LIQUIDITY RET GR ACC8.96%
6AXA WEALTH ELITE EUROPEAN EQUITY PN S45.03%
7AXA WEALTH ELITE GLOBAL EQUITY PN S44.93%
8AXA WEALTH ELITE NORTH AMERICAN EQUITY PN S41.95%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The Fund aims to deliver asset growth with lower volatility than the ABI Mixed Investment 20%-60% Shares sector as a whole and adopts a long-term investment horizon. The Fund targets an equity weighting of 40%. Subject to these targets, the mix between the various UK and international shares and fixed interest securities is then considered with regard to the composition of other funds in the sector. Separate specialist fund managers are then chosen for each asset class using continuing assessment under a strict selection criteria.
Benchmark
  • IA Mixed 20-60% shares
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL AXA Wealth Elite Extra Cautious Managed EP
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price384.3
Offer price384.3
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RM
FL AXA Wealth Elite Extra Cautious Managed EP S3
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price384.3
Offer price384.3
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RN
Data provided by

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