Fact sheet: FL BR CorpBdAlStIdxAqCXE/IEPn

Fund information
Fund name
FL BlackRock Corporate Bond All Stocks Index (Aquila C) XE/IE Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
BlackRock AqCo CrBdAllSt Pn
Fund objective
BlackRock state that the fund invests in investment grade corporate bonds denominated in Sterling. The fund aims to achieve a return consistent with the Markit iBoxx £ Non-Gilts Index. This index covers the broad spectrum of investment grade corporate bonds in issue.
Benchmark
  • iBoxx UK Sterling Non-Gilts
Investment style
Passive/Tracking
Investment method
Fixed Interest
Quick stats
1 Year return
7.7%
1 Year rank in sector
36/259
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£23m (£9m last year)
Top in this sector
Fund name1 Year
AEGON Long Core Plus Pn13.4%
MetLife Fid Corp Bd 20yr Pn12.3%
L&G PMC AAAAAA CpBd Ov15Y Id Pn11.3%
OMW IPL L&G AAA CrpBdOv15YIx Pn11.3%
FL TEActv Bln Bd IE11.1%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-4.8%4.6%7.7%--
Sector-1.4%-5.1%3.2%6.5%18.1%39.4%
Rank within sector77 / 264113 / 26417 / 26436 / 259--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.9%----
Sector7.4%0.2%10.5%1%13.5%
Rank within sector31 / 259----
Quartile1st
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.
-
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.
-
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.
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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%.
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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.
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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.
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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.
-
Price movement
52 week high1.26
52 week low1.08
Current bid price-
Current offer price-
Current mid price1.18
Region
1UK100%
Industry sector
1Corporate Bonds100%
Asset type
1UK Corporate Fixed Interest100%
Individual holdings
1AQUILA LIFE 5-15 YEAR CORP BOND INDEX FUND41.8%
2AQUILA LIFE CORP BOND INDEX FUND OVER 15 YEAR FUND29.4%
3AQUILA LIFE UP 5 YEAR CORP BOND INDEX FUND28.8%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
BlackRock state that the fund invests in investment grade corporate bonds denominated in Sterling. The fund aims to achieve a return consistent with the Markit iBoxx £ Non-Gilts Index. This index covers the broad spectrum of investment grade corporate bonds in issue.
Benchmark
  • iBoxx UK Sterling Non-Gilts
Investment style
Passive/Tracking
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL BlackRock Corporate Bond All Stocks Index (Aquila C) XE/IE Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.1838
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK80A
FL BlackRock Corporate Bond All Stocks Index (Aquila C) XE/IE Pn Inet
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.46%
Bid price116.8
Offer price116.8
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK7XW
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.