Fact sheet: FL CRISP Active UK Bond Pn

Fund information
Fund name
FL CRISP Active UK Bond Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Mercer Global Investments Management Limitedsince 04/10/2006
Underlying fund
MGI UK Bond
Fund objective
The fund aims to achieve long-term growth of capital and income by investing in one or more actively-managed underlying fund(s) that invest mainly in diversified portfolio of Sterling denominated fixed income securities of varying maturities. Some securities may be sub-investment grade or ungraded. Derivatives may be used for investment purposes as well as risk reduction. The fund factsheet shows the underlying fund(s) and weightings. These are selected and reviewed by the investment adviser, Mercer Limited, and may change.
Benchmark
  • iBoxx Aggregate All Stock Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
9.4%
1 Year rank in sector
38/174
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£0m (£0m 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.
47
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn48.7%
OMW IPL F&C Nominal Dyn LDI Pn41.5%
OMW IPL F&C Real Dynamic LDI Pn38.5%
OMW IPL LGIM 2055IdxLkdGltPn24.7%
OMW IPL LGIMOvr15Yr I LGltPn23.8%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK69%
    USA17.7%
    Netherlands3.7%
    Australia3.1%
    Jersey2.3%
  • AA37.9%
    BBB27.2%
    AAA14.2%
    A12.2%
    Unknown6.7%
  • UK Fixed Interest71.3%
    US Fixed Interest17.7%
    Dutch Fixed Interest3.7%
    Australian Fixed Interest3.1%
    French Fixed Interest1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-5.6%3.3%9.4%26.3%-
Sector-1.9%-6.2%4.5%9.2%24.6%33.3%
Rank within sector32 / 17764 / 17834 / 17638 / 17432 / 141-
Quartile1st2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11%0.7%13.3%-1.7%-
Sector11.1%-1.2%13.9%-1.7%6.6%
Rank within sector41 / 17428 / 15249 / 14150 / 135-
Quartile1st1st2nd2nd
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.
1.2
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.
0.88
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.
0.62
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%.
6.65
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.
1.71
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.
0.21
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.
0.95
Price movement
52 week high143.7
52 week low121.5
Current bid price-
Current offer price-
Current mid price134.9
Region
1UK69%
2USA17.74%
3Netherlands3.72%
4Australia3.08%
5Jersey2.3%
6France1.69%
7Cayman Islands1.69%
8Not Specified0.75%
9Japan0.57%
Industry sector
1AA37.94%
2BBB27.22%
3AAA14.24%
4A12.15%
5Unknown6.66%
6BB1.33%
7B0.46%
Asset type
1UK Fixed Interest71.3%
2US Fixed Interest17.74%
3Dutch Fixed Interest3.72%
4Australian Fixed Interest3.08%
5French Fixed Interest1.69%
6American Emerging Fixed Interest1.69%
7Global Fixed Interest0.92%
8Japanese Fixed Interest0.57%
9Eurozone Fixed Interest-0.71%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term growth of capital and income by investing in one or more actively-managed underlying fund(s) that invest mainly in diversified portfolio of Sterling denominated fixed income securities of varying maturities. Some securities may be sub-investment grade or ungraded. Derivatives may be used for investment purposes as well as risk reduction. The fund factsheet shows the underlying fund(s) and weightings. These are selected and reviewed by the investment adviser, Mercer Limited, and may change.
Benchmark
  • iBoxx Aggregate All Stock Index
Investment style
No data available.
Investment method
None
Fund manager
NameSinceBiography
Mercer Global Investments Management Limited04/10/2006
Compliance
UCITS III Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL CRISP Active UK Bond 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 price134.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0SM7
FL CRISP Active UK Bond Pn Inet
Initial charge-
Annual charge0.74%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price130.19
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0SM8
Data provided by

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