Fact sheet: FL BROv5Y IL GtIdxACEP

Fund information
Fund name
FL BlackRock Over 5 Year Index-Linked Gilt Index (Aquila C) EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Stephen Walkersince 13/02/2017
Underlying fund
BlackRock AqCo Ov 5Y ILG
Fund objective
BlackRock state that the fund invests in UK Government index-linked fixed income securities that have a maturity period of 5 years or longer. The fund aims to achieve a return consistent with the FTSE UK Index-Linked Gilts Over 5 Years Index, which is widely regarded as the benchmark for UK pension fund investment in the longer dated end of the UK index-linked gilt market.
Benchmark
  • FTSE Actuaries UK Index-Linked Over 5 Years
Investment style
Passive/Tracking
Investment method
No data available.
Quick stats
1 Year return
21.2%
1 Year rank in sector
33/148
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£78m (£67m 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.
108
Bid price
243.1
Offer price
243.1
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn35.1%
SSgA UK Idx Lkd Gilt Nov2055 Pn28.4%
SSgA UK Idx Lkd Glt Mar 2050 Pn27.8%
L&G Ovr 15Yr IdxLkd GltsIdx Pn26.1%
SSgA MPF Ovr 15Y IL Gilt Pn26.1%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%2.5%-4%21.2%47.8%57.9%
Sector0.4%2.3%-3%18.9%42%50.2%
Rank within sector67 / 15729 / 155111 / 15333 / 14834 / 13525 / 122
Quartile2nd1st3rd1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund1.3%27.7%-1.7%20.5%0.4%
Sector1.3%23.8%-1.5%18.7%0.1%
Rank within sector56 / 15417 / 14776 / 14040 / 13445 / 128
Quartile2nd1st3rd2nd2nd
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.
0.04
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.
1.13
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.
0.86
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%.
12.89
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.
1.69
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.
0.9
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.
0.99
Price movement
52 week high254.8
52 week low193.8
Current bid price243.1
Current offer price243.1
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
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 invests in UK Government index-linked fixed income securities that have a maturity period of 5 years or longer. The fund aims to achieve a return consistent with the FTSE UK Index-Linked Gilts Over 5 Years Index, which is widely regarded as the benchmark for UK pension fund investment in the longer dated end of the UK index-linked gilt market.
Benchmark
  • FTSE Actuaries UK Index-Linked Over 5 Years
Investment style
Passive/Tracking
Investment method
No data available.
Fund manager
NameSinceBiography
Stephen Walker13/02/2017Steve Walker, Director and portfolio manager, is a member of the Beta Strategies Group. Within Beta Strategies, Mr. Walker is head of the Index Asset Allocation team in EMEA. Mr. Walker's service with the firm dates back to 2007, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Client Solutions team. Prior to joining BGI, Mr. Walker was a portfolio manager in the discretionary investment team at Coutts & Co bank for over 12 years.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL BlackRock Over 5 Year Index-Linked Gilt Index (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)0.35%
Bid price290.6
Offer price290.6
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWS27
FL BlackRock Over 5 Year Index-Linked Gilt Index (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)0.25%
Bid price1069.4
Offer price1069.4
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW018
FL BlackRock Over 5 Year Index-Linked Gilt Index (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)0.4%
Bid price243.1
Offer price243.1
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW157
Data provided by

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