Fact sheet: FL Capital Grp Emg Mkts Pn

Fund information
Fund name
FL Capital Group Emerging Markets Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Luis Freitas de Oliveirasince 01/01/2001
  • Christopher Choesince 01/01/1998
  • Shaw Wagenersince 30/04/1990
  • Victor Kohnsince 01/01/1995
  • David Fishersince 30/04/1990
  • Ric Torressince 30/09/2013
Underlying fund
CapIntEmgMktsF(LUX)
Fund objective
Capital Group state that the fund seeks to achieve risk diversification and long-term growth of capital by investing in companies based and/or which have substantial activities in developing countries. The fund invests primarily in securities that are admitted to an official listing or dealt in on another regulated market. It normally invests in shares of companies domiciled in or conducting a predominant part of their economic activities in developing countries. The fund also invests in fixed-income securities depending on their comparative attractiveness. It is managed on a stock-by-stock basis without reference to index weighting. The fund does not use short-selling or leverage.
Benchmark
  • MSCI Emerging Markets
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
30.1%
1 Year rank in sector
95/266
Sector
PN Global Emerging Markets
Yield
-
Fund size
£1m (£3m 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.
127
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Aviva Thredndl Lat Amer Pn45.2%
Aviva Invesco Pep LA Pn40.8%
Aviva Inv Perp Lat Amer Pn40.6%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • Others23.3%
    China22.6%
    India10.6%
    Brazil10.2%
    Taiwan8.6%
  • Financials18.2%
    Consumer Discretionary15.7%
    Information Technology13.7%
    Consumer Staples8.3%
    Health Care7.9%
  • International Equities23.3%
    Chinese Equities22.6%
    Indian Equities10.6%
    Brazilian Equities10.2%
    Taiwanese Equities8.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.1%3%26.3%30.1%15.9%29.3%
Sector-7.5%1.3%22.6%27.1%19.8%30.3%
Rank within sector68 / 27468 / 27360 / 27095 / 266158 / 228101 / 186
Quartile1st1st1st2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund31.4%-10.3%-0.2%-0.5%9.3%
Sector29%-8.5%3%-3.4%13.2%
Rank within sector110 / 267129 / 255175 / 22841 / 209144 / 188
Quartile2nd3rd4th1st4th
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.
-2.01
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.
1.13
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.
0.14
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%.
19.09
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.
7.45
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.
-0.2
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.
0.86
Price movement
52 week high163.2
52 week low101.4
Current bid price-
Current offer price-
Current mid price151.1
Region
1Others23.3%
2China22.6%
3India10.6%
4Brazil10.2%
5Taiwan8.6%
6Hong Kong6.5%
7Russia5.2%
8South Africa5.2%
9Mexico4%
Industry sector
1Financials18.2%
2Consumer Discretionary15.7%
3Information Technology13.7%
4Consumer Staples8.3%
5Health Care7.9%
6Industrials7.2%
7Real Estate6.8%
8Materials6.7%
9Telecommunications Utilities4.7%
Asset type
1International Equities23.3%
2Chinese Equities22.6%
3Indian Equities10.6%
4Brazilian Equities10.2%
5Taiwanese Equities8.6%
6Hong Kong Equities6.5%
7Russian Equities5.2%
8South African Equities5.2%
9Mexican Equities4%
Individual holdings
1TSMC3.7%
2VALE SA3%
3AIA GROUP LTD2.8%
4ALIBABA GROUP HLDG LTD2.8%
5NASPERS2.7%
6CHINA OVERSEAS LAND & INVESTMNTS2.5%
7BHARTI AIRTEL2%
8BHARTI AIRTEL2%
9DELTA ELECTRONICS2%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Capital Group state that the fund seeks to achieve risk diversification and long-term growth of capital by investing in companies based and/or which have substantial activities in developing countries. The fund invests primarily in securities that are admitted to an official listing or dealt in on another regulated market. It normally invests in shares of companies domiciled in or conducting a predominant part of their economic activities in developing countries. The fund also invests in fixed-income securities depending on their comparative attractiveness. It is managed on a stock-by-stock basis without reference to index weighting. The fund does not use short-selling or leverage.
Benchmark
  • MSCI Emerging Markets
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Luis Freitas de Oliveira01/01/2001Luis Freitas de Oliveira is a portfolio manager at Capital Group. He is chairman of Capital International Sàrl. He has 27 years of investment experience and has been with Capital Group for 22 years. Earlier in his career, as an equity investment analyst at Capital, Luis covered financial institutions in emerging markets. Before joining Capital, he was a corporate banker for Citibank N.A. in Brazil. He holds an MBA from INSEAD, France, and a bachelor’s degree in economics from the Federal University of Minas Gerais, Brazil. Luis is based in Geneva.
Christopher Choe01/01/1998Christopher Choe is a Senior Vice President and portfolio manager of Capital International, Inc. In addition to his portfolio management work, Mr. Choe is also a member of the Capital Group Asian Management Committee. A graduate of the University of Kent in Canterbury, England, Mr. Choe has a BA (with honors) in accounting and computing. He has been awarded Fellowships at the Institute of Chartered Accountants in England and Wales, the Institute of Certified Public Accountants of Singapore and CPA Australia respectively. He is a member of the Association of Investment Management and Research and the Singapore Society of Financial Analysts. Before joining our organisation in 1990, Mr. Choe worked at J.P. Morgan on Treasury investments and at Swiss Bank Corporation as an investment analyst. Prior to that, he served in the Republic of Singapore Navy as a Naval Officer. Mr. Choe is based in our Singapore office.
Shaw Wagener30/04/1990Shaw B. Wagener is a portfolio manager at Capital Group. He is chairman of Capital Group International, Inc. He has 34 years of investment experience, all with Capital Group. Earlier in his career, Shaw was an equity trader at Capital and then head of equity trading. He holds a bachelor’s degree in international relations from Claremont McKenna College graduating cum laude. He also holds the Chartered Financial Analyst® designation. Shaw is based in Los Angeles.
Victor Kohn01/01/1995Victor D. Kohn is an equity portfolio manager at Capital Group. He is president of Capital International, Inc. He has 28 years of investment experience and has been with Capital Group for 27 years. Earlier in his career, as an equity investment analyst at Capital, Victor covered Chile, Argentina and Brazil. Prior to joining Capital, Victor was an analyst in the venture capital group at Montgomery Securities. He holds an MBA from Stanford Graduate School of Business and both master’s and bachelor’s equivalent degrees summa cum laude in industrial engineering from the Universidad de Chile. He also holds the Chartered Financial Analyst® designation. Victor is based in Los Angeles.
David Fisher30/04/1990David I. Fisher is an equity portfolio manager at Capital Group. He is chairman emeritus of Capital Group International, Inc. He has 47 years of investment experience and has been with Capital Group for 43 years. Earlier in his career at Capital, David was an equity investment analyst covering media, consumer electronics and electrical equipment companies, as well as director of research. Before joining Capital, he was an officer of Smith Barney & Co. and a marketing executive with General Electric Company. David holds an MBA from the University of Missouri Graduate School of Business Administration, and a bachelor’s degree from the University of California, Berkeley. He serves as a member of the Los Angeles Society of Financial Analysts and the International Society of Security Analysts. He also serves as an advisory board member of the International Monetary Fund Retirement Plan. David is based in Los Angeles.
Ric Torres30/09/2013Ric Torres is an equity portfolio manager at Capital Group. As an equity investment analyst, he covers Latin American banks, industrials, transportation and real-estate companies. He has 20 years of investment experience, all with Capital Group. Earlier in his career at Capital he was also a trader of emerging markets equity securities. Ric began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in government from Harvard College graduating cum laude. Ric is based in Los Angeles.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Capital Group Emerging Markets 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 price151.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCVG6
FL Capital Group Emerging Markets Pn Inet
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.51%
Bid price-
Offer price-
Mid price146.7
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCVG7
Data provided by

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