Fact sheet: FL BlackRck DC DvTgt Rtn IE

Fund information
Fund name
FL BlackRock DC Diversified Growth IE
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Adam Ryansince 30/06/2006
Underlying fund
BlackRock DC Divfd Gth Pn
Fund objective
BlackRock state that the fund utilises a multi-asset flexible investment approach. This means that the fund will generally hold a variety of different types of assets at any one time. The fund may use derivatives for investment purposes.
Benchmark
  • Bank Of England Base Rate + 3.5
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
3.6%
1 Year rank in sector
418/531
Sector
PN Specialist
Yield
-
Fund size
£38m (£39m 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.
31
Bid price
285.1
Offer price
285.1
Top in this sector
Fund name1 Year
Scot Eq Technology Pn60.1%
SIP Fidelity Gbl Technology Pn56.4%
FL AXA Framlington Gbl Tech AP54.7%
Zurich AXAFramGblTechPn53.7%
FL AXA Fram Gbl Tech EP53.1%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities35.3%
    Global Fixed Interest25.9%
    Money Market23.4%
    Alternative Assets15.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%2.4%4.9%3.6%2.6%19.1%
Sector1%1.2%5.5%14.6%25.2%48.7%
Rank within sector231 / 554102 / 554308 / 549418 / 531352 / 395249 / 333
Quartile2nd1st3rd4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.7%-2.2%-0.8%4%7%
Sector3.1%11.6%2%7.2%11%
Rank within sector177 / 550474 / 514369 / 449276 / 387186 / 360
Quartile2nd4th4th3rd3rd
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.
-3.91
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.
0.64
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
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%.
4.49
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.
3.15
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.
-2.04
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.
0.72
Price movement
52 week high287.3
52 week low270.2
Current bid price285.1
Current offer price285.1
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities35.29%
2Global Fixed Interest25.87%
3Money Market23.37%
4Alternative Assets15.46%
Individual holdings
1BLACKROCK GLOBAL INVESTMENT GRADE CREDIT PORTFOLIO19.6%
2BLACKROCK SEGREGATED UK EQUITY PORTFOLIO6.3%
3GLOBAL BRANDS EQUITY BASKET TRS5.8%
4US POLICY EQUITY BASKET5.4%
5US 10Y TREASURY CPI NOTE5.2%
6BLACKROCK WORLD IMPACT FUND4.6%
7BLACKROCK GLOBAL EQUITY INCOME PORTFOLIO4.2%
8MEXICAN GOVERNMENT BONDS3%
9SMIT (GLOBAL EQUITIES)2.8%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
BlackRock state that the fund utilises a multi-asset flexible investment approach. This means that the fund will generally hold a variety of different types of assets at any one time. The fund may use derivatives for investment purposes.
Benchmark
  • Bank Of England Base Rate + 3.5
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Adam Ryan30/06/2006Adam Ryan, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies (MAS) group which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. He is Head of the Diversified Strategies team and is lead portfolio manager of Dynamic Diversified Growth (DDG). Mr Ryan's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. His background is in fixed income portfolio management where he was Head of Fixed Income for MLIM's Private Client business before developing and managing diversified multi-asset portfolios for both private and institutional clients. Mr Ryan earned a BA degree with honours in engineering from Cambridge University in 1991.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL BlackRock DC Diversified Growth IE
Initial charge-
Annual charge1.23%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.31%
Bid price285.1
Offer price285.1
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVI7
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.