Fact sheet: FL F&C MM Navig Mdrte Pn

Fund information
Fund name
FL F&C MM Navigator Moderate Pn S1
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Rob Burdettsince 31/08/2010
  • Gary Pottersince 31/08/2010
Underlying fund
F&C MM Navigator Moderate
Fund objective
F&C state that the fund's objective is income generation and capital growth. The manager seeks to achieve this by investing mainly in authorised and recognised collective investment schemes. The schemes will cover a wide spread of UK and international equities, including emerging markets, and fixed interest assets including an element of currency exposure. Equity exposure will normally be within the range of 20% to 60%. Schemes will be selected mainly from other managers. While the fund will invest mainly in collective investment schemes, it may also invest in other instruments such as derivatives to gain exposure to assets and to manage the portfolio efficiently.
Benchmark
  • IA Mixed 20-60% shares
Investment style
Cautious
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
9.4%
1 Year rank in sector
150/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£4m (£4m 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.
41
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn27.1%
AXA Wealth TEAMS cl Gvn ptfl VPn19.3%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.4%
FL Investec Caut Mgd Pn16.6%
AXA Wealth TEAMS cl Gvn ptfl IIIPn16.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • International28.3%
    Not Specified17.9%
    UK16%
    Money Market15.4%
    North America6.7%
  • No data available.
  • Global Fixed Interest28.3%
    UK Equities16%
    Money Market15.4%
    Others13.2%
    North American Equities6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%1.1%7.2%9.4%23%58.7%
Sector-1.9%-1.6%6.6%8.2%17.2%39.9%
Rank within sector439 / 52951 / 529191 / 517150 / 46237 / 39720 / 339
Quartile4th1st2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.6%5.4%6.6%15.2%11.5%
Sector8.9%1.3%6%8.3%9.4%
Rank within sector205 / 46316 / 425113 / 39915 / 38198 / 339
Quartile2nd1st2nd1st2nd
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.
3.37
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.
0.76
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.
0.86
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%.
5.09
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.
3.42
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.
0.57
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.
0.6
Price movement
52 week high212.4
52 week low178.5
Current bid price-
Current offer price-
Current mid price206.6
Region
1International28.25%
2Not Specified17.9%
3UK15.97%
4Money Market15.35%
5North America6.68%
6Pacific ex-Japan6.04%
7Japan4.42%
8Europe3.16%
9Global Emerging Markets2.22%
Industry sector
No data available.
Asset type
1Global Fixed Interest28.25%
2UK Equities15.97%
3Money Market15.35%
4Others13.17%
5North American Equities6.68%
6Asia Pacific ex Japan Equities6.04%
7International Equities4.74%
8Japanese Equities4.42%
9European Equities3.16%
Individual holdings
1THREADNEEDLE UK EXTENDED ALPHA INST ACC5.4%
2MAJEDIE UK FOCUS A5.1%
3ARTEMIS US EXTENDED ALPHA I ACC GBP4.1%
4MAJEDIE ASSET MANAGEMENT TORTOISE FUND3.9%
5BLACKROCK CONTINENTAL EUROPEAN INCOME A ACC3.8%
6OLD MUTUAL UK SPECIALIST EQUITY FUND3.8%
7INVESCO PERPETUAL TACTICAL BOND FUND3.7%
8LEGG MASON WESTERN ASSET MACRO OPPORTUNITIES BOND FUND3.7%
9HENDERSON GBL STRATEGIC B3.6%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
F&C state that the fund's objective is income generation and capital growth. The manager seeks to achieve this by investing mainly in authorised and recognised collective investment schemes. The schemes will cover a wide spread of UK and international equities, including emerging markets, and fixed interest assets including an element of currency exposure. Equity exposure will normally be within the range of 20% to 60%. Schemes will be selected mainly from other managers. While the fund will invest mainly in collective investment schemes, it may also invest in other instruments such as derivatives to gain exposure to assets and to manage the portfolio efficiently.
Benchmark
  • IA Mixed 20-60% shares
Investment style
Cautious
Investment method
Equity, Fixed Interest
Fund managers
NameSinceBiography
Rob Burdett31/08/2010Robert Burdett joined Thames River in August 2007. He was at Credit Suisse from 2001 jointly responsible with Gary Potter for their Multi-Manager Funds. Prior to that he was at Rothschild Asset Management Limited (RAM) where he was a main board director and jointly responsible for their Multi-Manager business. His investment experience commenced in stockbroking in 1985, moving into multi-manager field in 1991. He is a Chartered Fellow of the The Chartered Institute for Securities & Investment and holds their diploma. He shares overall responsibility for the performance of the team’s portfolios with Gary Potter and leads research teams for UK, Japan, and European equities in particular
Gary Potter31/08/2010Gary Potter joined the Group in August 2007 to establish Thames River Multi-Capital, our multi-manager business which runs a range of funds of funds products including the F&C Lifestyle risk-rated funds. He was at Credit Suisse from 2001, jointly responsible with Robert Burdett for their Multi-Manager funds. He joined with three colleagues from Rothschild Asset Management Limited (RAM), where he was a main board director, jointly responsible for their Multi-Manager business. His investment experience commenced in 1981 in private client fund management where responsibilities extended to a specific focus on asset allocation and stock research, moving into the multi-manager field in 1992. He is a member of the Securities Institute.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL F&C MM Navigator Moderate Pn S1
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price206.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLR79
FL F&C MM Navigator Moderate Pn S2
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price206.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAEJ1
FL F&C MM Navigator Moderate Pn S2 Inet
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price181.55
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMXM0
Data provided by

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