Fact sheet: FL BR Cash (AqC)EP

Fund information
Fund name
FL BlackRock Cash (Aquila C) EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
BlackRock AqCoCh Pn
Fund objective
BlackRock state that the fund aims to achieve an investment return that is in line with wholesale money market short-term interest rates. The underlying investments of the fund are a diversified portfolio of money market instruments. The instruments are of a high quality and have a minimum credit rating of A1 or an equivalent standing.
Benchmark
  • LIBOR LIBID GBP 1w
Investment style
Passive/Tracking
Investment method
No data available.
Quick stats
1 Year return
0.2%
1 Year rank in sector
80/241
Sector
PN Money Market
Yield
-
Fund size
£49m (£38m 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.
1
Bid price
117
Offer price
117
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn18.3%
ReAssure HL FxIntPn Stf Pn10.1%
ReAssure HL FxIntPnStf LS Pn10.1%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---0.2%0.4%0.8%
Sector-0.1%-0.1%0.3%0.6%1%1.5%
Rank within sector58 / 24987 / 246106 / 24780 / 24173 / 22670 / 213
Quartile1st2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%0.2%0.2%0.1%0.3%
Sector0.6%0%0.4%0.2%0.3%
Rank within sector88 / 24270 / 22974 / 22678 / 22072 / 213
Quartile2nd2nd2nd2nd2nd
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.
0.15
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.
-0.01
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.
-
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%.
0.1
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.
0.28
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.
-0.7
Price movement
52 week high117
52 week low116.8
Current bid price117
Current offer price117
Current mid price-
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
BlackRock state that the fund aims to achieve an investment return that is in line with wholesale money market short-term interest rates. The underlying investments of the fund are a diversified portfolio of money market instruments. The instruments are of a high quality and have a minimum credit rating of A1 or an equivalent standing.
Benchmark
  • LIBOR LIBID GBP 1w
Investment style
Passive/Tracking
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL BlackRock Cash (Aquila C) EP
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.48%
Bid price127.9
Offer price127.9
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWS21
FL BlackRock Cash (Aquila C) EP 0.25%
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.38%
Bid price381.1
Offer price381.1
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWS19
FL BlackRock Cash (Aquila C) EP S3
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price117
Offer price117
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW155
Data provided by

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