Fact sheet: FL BkRk AqC MkAdg XE/IE Pn

Fund information
Fund name
FL BlackRock (Aquila C) Market Advantage XE/IE Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Team Managedsince 14/08/2011
Underlying fund
BlackRock Aqla Co Mk Adv Pn
Fund objective
BlackRock state that the fund aims to follow a diversified, risk-controlled investment process to achieve returns on par with a global 60% equity/40% bond portfolio over a market cycle, approximately 40% less risk than the 60/40 comparator and less downside exposure during extreme market conditions. The fund invests in a highly diversified mix of asset classes based on target exposures to fundamental economic risk factors. By managing exposure during market extremes, the fund seeks to deliver long-term returns in line with its target while reducing downside risk. The benchmark of the fund is 40% Barclays Global Aggregate Bond Index GBP Hedged, 60% MSCI World GBP Hedged Total Return Net
Benchmark
  • 3 month GBP Libor plus 3.5%
Investment style
Passive/Tracking
Investment method
No data available.
Quick stats
1 Year return
5.8%
1 Year rank in sector
369/461
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£13m (£8m last year)
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn31.9%
AXA Wealth TEAMS cl Gvn ptfl VPn22%
AXA Wealth TEAMS cl Gvn ptfl IVPn20.9%
FL Investec Cautious Mgd AP19.2%
Zurich Investec Caut Mgd Pn18.5%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Index Linked16.5%
    Global Developed Markets Government Fixed Interest13.4%
    Global High Yield Fixed Interest12%
    Global Emerging Market Government Fixed Interest11%
    Global Investment Grade Fixed Interest10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-2.8%2%5.8%--
Sector-0.2%-1.2%6.5%9.5%18.9%39.5%
Rank within sector330 / 528436 / 528467 / 517369 / 461--
Quartile3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.2%----
Sector9.6%1.3%6%8.3%9.4%
Rank within sector340 / 462----
Quartile3rd
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.
-
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%.
-
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.
-
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.
-
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 high1.15
52 week low1.02
Current bid price-
Current offer price-
Current mid price1.12
Region
No data available.
Industry sector
No data available.
Asset type
1Global Index Linked16.5%
2Global Developed Markets Government Fixed Interest13.4%
3Global High Yield Fixed Interest12%
4Global Emerging Market Government Fixed Interest11%
5Global Investment Grade Fixed Interest10%
6International Small Cap Companies10%
7Property10%
8Global Emerging Market Equities7%
9Global Developed Equities5.3%
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 follow a diversified, risk-controlled investment process to achieve returns on par with a global 60% equity/40% bond portfolio over a market cycle, approximately 40% less risk than the 60/40 comparator and less downside exposure during extreme market conditions. The fund invests in a highly diversified mix of asset classes based on target exposures to fundamental economic risk factors. By managing exposure during market extremes, the fund seeks to deliver long-term returns in line with its target while reducing downside risk. The benchmark of the fund is 40% Barclays Global Aggregate Bond Index GBP Hedged, 60% MSCI World GBP Hedged Total Return Net
Benchmark
  • 3 month GBP Libor plus 3.5%
Investment style
Passive/Tracking
Investment method
No data available.
Fund manager
NameSinceBiography
Team Managed14/08/2011
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL BlackRock (Aquila C) Market Advantage 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 price1.1217
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK7ZX
FL BlackRock (Aquila C) Market Advantage XE/IE Pn Inet
Initial charge-
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.67%
Bid price111.1
Offer price111.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK7XT
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.