Fact sheet: FL Balanced Fund of Funds Pn

Fund information
Fund name
FL Balanced Fund of Funds Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Friends Providentsince 31/07/2003
No data available.
Fund objective
This fund aims to provide returns in excess of inflation. It invests in a diversified portfolio of actively and/or passively managed underlying funds with between 40% and 85% invested in equities of any region, including emerging markets. The remainder is invested in funds that can invest in any type of fixed interest securities (including index-linked), property and property-related securities, derivatives and cash.
Benchmark
  • ABI Mixed Investment 40%-85% Shares
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
11.3%
1 Year rank in sector
384/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£70m (£60m 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.
62
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.5%
FL My Ftr Adv Gth XE/IE Pn21.6%
Scot Eq Ext Bal Coll (ex MLC) Pn20%
FL Tailored Adventurous Pfl Pn19.2%
FL My Ftr Advantage Gth Pn18.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • UK Equities30.4%
    North American Equities15.8%
    European Equities13.6%
    Global Fixed Interest12.8%
    UK Fixed Interest10.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-0.3%8.9%11.3%25.1%60.7%
Sector-0.9%-1.2%7.9%10.1%20.9%47.1%
Rank within sector566 / 913311 / 912397 / 894384 / 795127 / 69265 / 595
Quartile3rd2nd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11%4.9%5.3%16.6%12.5%
Sector9.9%2.2%5.7%13.1%9.9%
Rank within sector390 / 80086 / 753318 / 692131 / 66177 / 596
Quartile2nd1st2nd1st1st
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.
0.74
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.
1.07
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.
0.54
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%.
7.72
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.
1.44
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.
0.8
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.
0.97
Price movement
52 week high278.6
52 week low221.3
Current bid price-
Current offer price-
Current mid price266.8
Region
No data available.
Industry sector
No data available.
Asset type
1UK Equities30.42%
2North American Equities15.76%
3European Equities13.58%
4Global Fixed Interest12.77%
5UK Fixed Interest10.47%
6Money Market6.86%
7Japanese Equities4.65%
8Asia Pacific ex Japan Equities3.29%
9Global Emerging Market Equities1.62%
Individual holdings
1FL BAILLIE GIFFORD UK EQUITY CORE PENSION14.37%
2FL BLACKROCK US EQUITY INDEX (AQUILA C) AP9.46%
3FL THREADNEEDLE EUROPEAN SELECT7.47%
4FL BLACKROCK UK EQUITY INDEX (AQUILA C) AP7.09%
5FL BLACKROCK OVERSEAS BOND INDEX (AQUILA C) 7.02%
6FL CASH PN ACC6.84%
7FL ARTEMIS UK SPECIAL SITUATIONS6.76%
8FL F&C STRATEGIC BOND S1 INC5.75%
9FL BLACKROCK FIXED INTEREST TRACKER PN5.5%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
This fund aims to provide returns in excess of inflation. It invests in a diversified portfolio of actively and/or passively managed underlying funds with between 40% and 85% invested in equities of any region, including emerging markets. The remainder is invested in funds that can invest in any type of fixed interest securities (including index-linked), property and property-related securities, derivatives and cash.
Benchmark
  • ABI Mixed Investment 40%-85% Shares
Investment style
Balanced
Investment method
No data available.
Fund manager
NameSinceBiography
Friends Provident31/07/2003
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Balanced Fund of Funds Pn
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price266.8
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLM24
FL Balanced Fund of Funds Pn Inet
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price225.08
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOR64
Data provided by

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