Fact sheet: FL AXA Wlth Elite Stkmkt Mgd EP

Fund information
Fund name
FL AXA Wealth Elite Stockmarket Managed EP S2
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Architas Multi-Manager Limitedsince 01/01/2010
Underlying fund
AXA Wealth El Stomkt Mgd Pn
Fund objective
AXA Wealth state that the fund aims to outperform the ABI Flexible Investment sector average over 3-year rolling periods. It targets an equity weighting of 2% less than the ABI maximum permitted equity content for the ABI Flexible Investment sector. No property will be held in the fund. Subject to these limits the mix between the various UK and international shares 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
  • IA Flexible Investment
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12%
1 Year rank in sector
198/422
Sector
PN Flexible Investment
Yield
-
Fund size
£31m (£32m 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.
70
Bid price
242
Offer price
242
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.3%
Scot Eq UBS Stockmkt Mgd Pn25.9%
Aegon Mrc Divfd Gth Pn23.8%
FL Threadneedle Gbl Equ Inc Pn23.7%
FL Spicers Adventurous Pn23.3%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK36.7%
    North America17.5%
    Europe ex UK15.4%
    Others11.3%
    Money Market9.7%
  • No data available.
  • UK Equities30.4%
    North American Equities22%
    Europe ex UK Equities15.5%
    Others8.7%
    Japanese Equities6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%0.5%9.4%12%27%67.2%
Sector0%-0.3%7.9%11.2%23.7%52.4%
Rank within sector152 / 485217 / 472251 / 464198 / 422134 / 30976 / 246
Quartile2nd2nd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.6%5%6.4%20.8%12.9%
Sector10.9%2.5%6.7%14.8%10.5%
Rank within sector262 / 43076 / 335143 / 30972 / 26676 / 249
Quartile3rd1st2nd2nd2nd
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.
-0.6
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.
1.23
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.
0.51
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%.
8.72
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.
2.65
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.
0.33
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 high250.3
52 week low198.8
Current bid price242
Current offer price242
Current mid price-
Region
1UK36.7%
2North America17.5%
3Europe ex UK15.4%
4Others11.3%
5Money Market9.7%
6Japan6%
7Asia Pacific ex Japan2.5%
8Not Specified0.9%
Industry sector
No data available.
Asset type
1UK Equities30.4%
2North American Equities22%
3Europe ex UK Equities15.5%
4Others8.7%
5Japanese Equities6.8%
6Money Market6.3%
7UK Gilts4.3%
8Asia Pacific ex Japan Equities2.8%
9Global Emerging Market Equities1.4%
Individual holdings
1AXA WEALTH ELITE UK EQUITY PN S430.33%
2AXA WEALTH ELITE NORTH AMERICAN EQUITY PN S424.51%
3AXA WEALTH ELITE EUROPEAN EQUITY PN S413.64%
4AXA WEALTH ELITE ALTERNATIVES PN7.77%
5AXA WEALTH ELITE BOND PN S46.99%
6AXA WEALTH MONEY MARKET PN S45.23%
7AXA WEALTH ELITE JAPAN PN S44.98%
8AXA WEALTH ELITE ASIA PACIFIC PN S44.81%
9AXA WEALTH ELITE GLOBAL EMERGING MARKETS PN S41.76%
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 Flexible Investment sector average over 3-year rolling periods. It targets an equity weighting of 2% less than the ABI maximum permitted equity content for the ABI Flexible Investment sector. No property will be held in the fund. Subject to these limits the mix between the various UK and international shares 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
  • IA Flexible Investment
Investment style
No data available.
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 Stockmarket 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 price252.6
Offer price252.6
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RW
FL AXA Wealth Elite Stockmarket Managed EP S2
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price242
Offer price242
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RX
FL AXA Wealth Elite Stockmarket Managed EP S3
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price242
Offer price242
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09RY
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.