Fact sheet: FL Architas MA PM EP

Fund information
Fund name
FL Architas MA Passive Moderate EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Sheldon MacDonaldsince 01/02/2017
  • Steve Allensince 05/11/2008
Underlying fund
Architas MA Passive Moderate
Fund objective
Architas state the aim of the fund is to provide a return on the investment by investing in a diverse range of assets. It seeks to meet its objective by gaining exposure to a global portfolio of property, cash and various classes of equities and bonds, the relative allocation to each of which is determined by a model provided by eValue Investment Solutions. The actual financial instruments held will, wherever possible, be of a ‘passive’ nature, collective investment schemes or other financial instruments that seek to track investment indices. It may also invest in transferable securities, money market instruments, warrants, deposits, derivative instruments and, or indirectly through, collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings and hedging. Derivatives may be used for investment purposes as well as for Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
15.2%
1 Year rank in sector
226/536
Sector
PN Specialist
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.
50
Bid price
397.6
Offer price
397.6
Top in this sector
Fund name1 Year
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FL AXA Framlington Gbl Tech AP49.4%
SIP Fidelity Gbl Technology Pn48.6%
Zurich AXAFramGblTechPn48.4%
SIP Sanlam Gbl Fin Pn48.1%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • UK61.1%
    North America18%
    Not Specified10.2%
    International5.8%
    Japan4.9%
  • No data available.
  • UK Gilts22.9%
    UK Equities19.3%
    UK Corporate Fixed Interest18.9%
    North American Equities18%
    Property10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%2.8%3%15.2%31.3%48.5%
Sector0.4%2.9%2.9%13.4%25.2%44.9%
Rank within sector362 / 559272 / 559222 / 551226 / 536151 / 397151 / 337
Quartile3rd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2%16.1%2.8%10.1%4.7%
Sector3%11.6%2%7.2%11%
Rank within sector360 / 555177 / 519129 / 45478 / 392234 / 365
Quartile3rd2nd2nd1st3rd
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.
2.27
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.
0.97
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.
1.04
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%.
6.19
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.
2.3
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.
0.87
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.
0.86
Price movement
52 week high400.9
52 week low341.5
Current bid price397.6
Current offer price397.6
Current mid price-
Region
1UK61.12%
2North America17.96%
3Not Specified10.19%
4International5.82%
5Japan4.91%
Industry sector
No data available.
Asset type
1UK Gilts22.94%
2UK Equities19.29%
3UK Corporate Fixed Interest18.89%
4North American Equities17.96%
5Property10.19%
6Global Fixed Interest5.82%
7Japanese Equities4.91%
Individual holdings
1BLACKROCK UK EQUITY TRACKER L ACC17.78%
2BLACKROCK NORTH AMERICAN EQUITY TRACKER L14.5%
3BLACKROCK UK GILTS ALL STOCKS TRACKER FUND12.3%
4VANGUARD UK GOVERNMENT BOND INDEX ACC GBP10.5%
5VANGUARD UK INVESTMENT GRADE BOND INDEX FUND10.03%
6BLACKROCK CORPORATE BOND TRACKER L INC8.74%
7LEGAL AND GENERAL UK PROPERTY FUND7.56%
8BLACKROCK OVERSEAS GOVERNMENT BOND TRACKER A ACC5.78%
9VANGUARD FTSE UK ALL SHARE INDEX FUND4.39%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Architas state the aim of the fund is to provide a return on the investment by investing in a diverse range of assets. It seeks to meet its objective by gaining exposure to a global portfolio of property, cash and various classes of equities and bonds, the relative allocation to each of which is determined by a model provided by eValue Investment Solutions. The actual financial instruments held will, wherever possible, be of a ‘passive’ nature, collective investment schemes or other financial instruments that seek to track investment indices. It may also invest in transferable securities, money market instruments, warrants, deposits, derivative instruments and, or indirectly through, collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings and hedging. Derivatives may be used for investment purposes as well as for Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Sheldon MacDonald01/02/2017Sheldon manages the Architas Multi-Asset Blended Fund range. He oversees fund selection and manages the products' asset allocation and investment strategies. He also leads fund manager research across a number of sectors, including multi-asset and money market strategies. Before joining Architas in 2010, Sheldon was a fund of funds manager at Nedgroup Investments, part of Old Mutual Plc. As well as running a variety of long only multi-asset strategies, Sheldon has extensive experience in the hedge fund space and, prior to joining Nedgroup Investments, was Head of Derivative Trading at Old Mutual Asset Managers in South Africa. Sheldon has a BComm in Financial Accounting and Economics and holds the IMC. He has 22 years of investment experience.
Steve Allen05/11/2008Steve manages the risk-profiled Architas Multi-Asset Passive range of funds and is responsible for research of the wider passive fund market and for oversight of the various passive offerings available to AXA’s UK and European clients.  In addition, he researches a variety of other areas including the IMA managed fund sectors and the European flexible fund universe. Steve joined Architas in 2008 from Winterthur Life where he managed the Investment Technical Support Team. His 27 years of investment experience has been gained from a variety of areas including 15 years working for Morgan Stanley, where he was an Executive Director in their Institutional Equities division. Steve holds the Chartered Institute of Securities’s Commodity and Derivatives and Securities & Financial Derivatives Representative exams and also the IMC.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Architas MA Passive Moderate EP
Initial charge-
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price397.6
Offer price397.6
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEG7
FL Architas MA Passive Moderate EP S3
Initial charge-
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price397.6
Offer price397.6
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEG8
Data provided by

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