Fact sheet: FL BlackRock DC Divfd Gth Pn

Fund information
Fund name
FL BlackRock DC Diversified Growth Pn
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
5.7%
1 Year rank in sector
383/398
Sector
PN Flexible Investment
Yield
-
Fund size
£4m (£11m 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.
33
Top in this sector
Fund name1 Year
Baillie Gifford International PP41.6%
OMW M&G Managed Growth38.8%
Scot Eq UBS Stockmkt Mgd Pn38.5%
Aviva Variable Annuity CU Pn37.5%
OMW IPL F&CUK EqLkd GiltPn37.4%
...more in PN Flexible Investment

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
Fund1.8%2.8%5.9%5.7%7%27.1%
Sector2.1%1.8%6.9%18.5%28.9%64.7%
Rank within sector323 / 444125 / 443325 / 421383 / 398307 / 316252 / 260
Quartile3rd2nd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund4.9%-1.6%0.6%4.8%8.5%
Sector4.3%14.2%2.5%6.7%14.8%
Rank within sector233 / 424380 / 384257 / 329219 / 306243 / 267
Quartile3rd4th4th3rd4th
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.
-3.06
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.
0.6
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%.
4.8
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.
3.69
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.
-1.68
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.
0.71
Price movement
52 week high130.2
52 week low121.4
Current bid price-
Current offer price-
Current mid price130
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
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL BlackRock DC Diversified Growth Pn
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price130
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLBO9
FL BlackRock DC Diversified Growth Pn Inet
Initial charge-
Annual charge1.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price116.76
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLCG1
Data provided by

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