Fact sheet: FL Architas MA Act Prog EP

Fund information
Fund name
FL Architas MA Active Progressive EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Jaime Arguellosince 01/02/2017
  • Nathan Sweeneysince 01/01/2015
Underlying fund
Architas MA Active Prog
Fund objective
To achieve capital and income growth over the medium to long term. The Fund will invest in both UK and overseas authorised collective investment schemes. The Fund will invest in a mix of collective investment schemes but they will be primarily funds investing in the UK and primarily in equities but with the option to invest in some fixed interest investments. The Fund may also invest in other transferable securities, money market instruments, warrants, derivatives and deposits directly and/or indirectly through collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings, hedging and other investment techniques permitted in the COLL Sourcebook. Any investment using derivatives adheres to the guidance laid down regarding efficient portfolio management in order to reduce risk; to reduce cost; or to generate additional capital or income in a manner consistent with the Fund's risk profile.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
19.7%
1 Year rank in sector
259/863
Sector
PN Mixed Investment 40%-85% 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.
58
Bid price
403.3
Offer price
403.3
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn31.9%
Scot Eq Sequel Adven Jrny Pn29.8%
Scot Eq Sequel Adventurous Pn29.8%
FL My Ftr Adv Gth XE/IE Pn28.8%
Scot Eq Ext Bal Coll (ex MLC) Pn28.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK24.5%
    North America21.3%
    International15.3%
    Asia Pacific ex Japan12.8%
    Not Specified10.5%
  • No data available.
  • North American Equities21.3%
    UK Equities17.9%
    Asia Pacific ex Japan Equities12.8%
    Global Fixed Interest9.5%
    Alternative Assets8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%4.3%6.8%19.7%32.6%57.5%
Sector0.9%3.7%5%17%27.4%49%
Rank within sector713 / 904229 / 893170 / 892259 / 863143 / 705145 / 612
Quartile4th2nd1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.7%16.5%3.8%5.9%13.7%
Sector3.1%14.3%2.2%5.7%13.1%
Rank within sector265 / 893317 / 794146 / 747233 / 689353 / 662
Quartile2nd2nd1st2nd3rd
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.
1.71
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.
1.01
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.
0.85
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%.
7.33
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.
1.82
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.
0.96
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 high408.7
52 week low330.4
Current bid price403.3
Current offer price403.3
Current mid price-
Region
1UK24.47%
2North America21.26%
3International15.25%
4Asia Pacific ex Japan12.79%
5Not Specified10.46%
6Global Emerging Markets8.12%
7Europe ex UK4.52%
8Japan3.13%
Industry sector
No data available.
Asset type
1North American Equities21.29%
2UK Equities17.9%
3Asia Pacific ex Japan Equities12.79%
4Global Fixed Interest9.53%
5Alternative Assets8.21%
6Global Emerging Market Equities8.12%
7Global High Yield Fixed Interest5.72%
8Europe ex UK Equities4.52%
9UK Gilts3.49%
Individual holdings
1ROBECO US PREMIUM EQUITIES FUND8.09%
2ASIA PACIFIC LEADERS B GBP ACC5.39%
3MAJEDIE UK EQUITY X ACC5.13%
4ALLIANCEBERNSTEIN CONCENTRATED US EQUITY FUND5.11%
5JPM US EQUITY INCOME A INC5.02%
6CF LINDSELL TRAIN UK EQUITY FUND4.52%
7BLACK ROCK EUROPEAN DYNAMIC4.43%
8HERMES ASIA EX-JAPAN EQUITY FUND4.25%
9FIRST STATE GLOBAL EMERGING MARKETS LEADERS3.96%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
To achieve capital and income growth over the medium to long term. The Fund will invest in both UK and overseas authorised collective investment schemes. The Fund will invest in a mix of collective investment schemes but they will be primarily funds investing in the UK and primarily in equities but with the option to invest in some fixed interest investments. The Fund may also invest in other transferable securities, money market instruments, warrants, derivatives and deposits directly and/or indirectly through collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings, hedging and other investment techniques permitted in the COLL Sourcebook. Any investment using derivatives adheres to the guidance laid down regarding efficient portfolio management in order to reduce risk; to reduce cost; or to generate additional capital or income in a manner consistent with the Fund's risk profile.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Jaime Arguello01/02/2017As Architas' Chief Investment Officer, Jaime is responsible for directing all aspects of the company's investment activity, including responsibility for the structure and control of the investment function. Jaime's role also includes the recommendation of appropriate investment strategies to other areas of the AXA business. Jaime joined Architas in October 2016 from Barclays where he was Managing Director and CIO for their multi-manager and alternatives business, a role he held for seven years. Prior to Barclays, Jaime spent 10 years at Pictet as Director of third party manager selection and Head of Fixed Income choosing managers across a range of asset classes. Jaime has over 30 years industry experience covering the full range of asset allocation, fund selection and portfolio management. Jaime holds an Engineering degree from Ecole Nationale des Ponts & Chaussees Paris.
Nathan Sweeney01/01/2015Nathan manages the risk-profiled Architas Multi-Asset Active range, the Architas Multi-Manager UK Equity, Architas Multi-Manager Strategic Bond, Architas Multi-Manager Monthly High Income and the Verbatim Portfolio 5 Growth funds. Nathan's analyst responsibilities include research into UK Fixed Income funds. Nathan joined Architas in 2010 from Thornhill, where he worked as a Private Client Fund Manager and was responsible for managing private client portfolios and fund selection. He began his 16-year investment career at AIB Investment managers, where he was responsible for fund selection and launching and managing the AIB Multi-Manager Fund range. Nathan has a BSc in Science, a Diploma in Financial Services and is IMC qualified.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Architas MA Active Progressive EP
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price403.3
Offer price403.3
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1S2
FL Architas MA Active Progressive EP S3
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price405.2
Offer price405.2
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1S3
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.