Fact sheet: FL AXA Wlth Elite Ex Def Mgd EP

Fund information
Fund name
FL AXA Wealth Elite Extra Defensive Managed EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
AXA Wealth ElitExtDefMgd Pn
Fund objective
AXA Wealth state that the fund aims to deliver asset growth with lower volatility than comparable funds in the ABI Mixed Investment 0-35% Shares sector and adopts a long term investment horizon. The fund targets an equity weighting of 20%. 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 Investment 0%-35% Shares
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.5%
1 Year rank in sector
26/146
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£2m (£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.
47
Bid price
339.7
Offer price
339.7
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn16.6%
LV= BlackRock Consensus 35 Pn16.3%
FL Defensive Index FOF Pn15.6%
SL BlackRkConsensus 35 Pn15.3%
OMW BlackRock Consensus 3515.2%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK66.1%
    Not Specified15%
    Money Market10.5%
    Europe ex UK3.4%
    North America2.9%
  • No data available.
  • UK Gilts28.8%
    UK Index-Linked Gilts21.5%
    Global Fixed Interest11.2%
    UK Equities10.6%
    Money Market9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-3.8%7.9%10.5%22%37.3%
Sector-1.1%-0.9%7.4%9.9%21.5%38.9%
Rank within sector119 / 176129 / 17531 / 16626 / 14613 / 12535 / 95
Quartile3rd3rd1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.6%0.9%8.9%3.2%6.8%
Sector10.3%2.3%7.6%5.6%6.9%
Rank within sector17 / 14685 / 13528 / 12687 / 11351 / 96
Quartile1st3rd1st4th3rd
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.
-0.67
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.
1.14
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.
0.67
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%.
5.43
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.
2.28
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.
0.11
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.
0.83
Price movement
52 week high354.9
52 week low302.7
Current bid price339.7
Current offer price339.7
Current mid price-
Region
1UK66.1%
2Not Specified15%
3Money Market10.5%
4Europe ex UK3.4%
5North America2.9%
6Others2.1%
Industry sector
No data available.
Asset type
1UK Gilts28.8%
2UK Index-Linked Gilts21.5%
3Global Fixed Interest11.2%
4UK Equities10.6%
5Money Market9.6%
6UK Corporate Fixed Interest8.6%
7North American Equities3.6%
8Europe ex UK Equities3.4%
9Japanese Equities1.2%
Individual holdings
1AXA WEALTH FIXED INTEREST PN S432.28%
2AXA WEALTH AXA STERLING INDEX LINKED BOND PN S418.6%
3AXA WEALTH ELITE BOND PN S415.18%
4AXA WEALTH ELITE UK EQUITY PN S49.04%
5AXA WEALTH NEWTON INTERNATIONAL BOND PN S46.96%
6AXA WEALTH MONEY MARKET PN S46.3%
7AXA WEALTH ELITE GLOBAL EQUITY PN S44.54%
8AXA WEALTH ELITE EUROPEAN EQUITY PN S42.79%
9AXA WEALTH ELITE NORTH AMERICAN EQUITY PN S41.98%
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 deliver asset growth with lower volatility than comparable funds in the ABI Mixed Investment 0-35% Shares sector and adopts a long term investment horizon. The fund targets an equity weighting of 20%. 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 Investment 0%-35% 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 Defensive 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 price339.7
Offer price339.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RO
FL AXA Wealth Elite Extra Defensive 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 price339.7
Offer price339.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RP
Data provided by

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