Fact sheet: FL FS Wrldwd Ldrs EP

Fund information
Fund name
FL Stewart Investors Worldwide Leaders EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Dominic St Georgesince 30/09/2016
  • Alex Summerssince 16/03/2016
  • Jonathan Asantesince 27/01/2014
Underlying fund
Stewart Investors WW Ldr
Fund objective
Stewart Investors state that the fund aims to invest primarily in a diverse portfolio of equity securities of larger capitalisation companies which are listed, traded or dealt in on any of the Regulated Markets worldwide. The fund is not managed to a benchmark and may have exposure to developed or Emerging Markets whilst maintaining its geographical diversity. The fund may invest in any industry. The fund may invest in derivatives for the purposes of efficient portfolio management.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
23%
1 Year rank in sector
226/961
Sector
PN Global Equities
Yield
-
Fund size
£0m (£1m 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.
88
Bid price
200.6
Offer price
200.6
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • Money Market18.5%
    Germany17.6%
    USA17.5%
    UK15%
    Japan7.2%
  • Consumer Staples31.9%
    Financials26.8%
    Cash & Cash Equivalents18.5%
    Health Care10.4%
    Industrials6.5%
  • Money Market18.5%
    German Equities17.6%
    US Equities17.5%
    UK Equities15%
    Japanese Equities7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6%-1.7%12.3%23%37%86.3%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector1036 / 1039989 / 1035842 / 1025226 / 961295 / 848295 / 745
Quartile4th4th4th1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund22.1%5.5%5.9%26%7.2%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector265 / 963268 / 921517 / 849149 / 820678 / 752
Quartile2nd2nd3rd1st4th
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.
4.03
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.
0.87
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.
0.88
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%.
10.98
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.
6.74
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.
0.37
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.
0.63
Price movement
52 week high218
52 week low157.4
Current bid price200.6
Current offer price200.6
Current mid price-
Region
1Money Market18.5%
2Germany17.6%
3USA17.5%
4UK15%
5Japan7.2%
6Switzerland6.7%
7South Africa4.7%
8Singapore4.2%
9India3%
Industry sector
1Consumer Staples31.9%
2Financials26.8%
3Cash & Cash Equivalents18.5%
4Health Care10.4%
5Industrials6.5%
6Materials3.8%
7Information Technology1.6%
8Energy0.5%
Asset type
1Money Market18.5%
2German Equities17.6%
3US Equities17.5%
4UK Equities15%
5Japanese Equities7.2%
6Swiss Equities6.7%
7South African Equities4.7%
8Singapore Equities4.2%
9Indian Equities3%
Individual holdings
1UNILEVER9.11%
2HENKEL AG & CO KGAA8.45%
3BERKSHIRE HATHAWAY INC7.53%
4BEIERSDORF AG5.87%
5UNICHARM CORP4.66%
6LOEWS CORP4.35%
7OVERSEA-CHINESE BANKING CORP4.18%
8MERCK KGAA3.27%
9STANDARD BANK GROUP3%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Stewart Investors state that the fund aims to invest primarily in a diverse portfolio of equity securities of larger capitalisation companies which are listed, traded or dealt in on any of the Regulated Markets worldwide. The fund is not managed to a benchmark and may have exposure to developed or Emerging Markets whilst maintaining its geographical diversity. The fund may invest in any industry. The fund may invest in derivatives for the purposes of efficient portfolio management.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Dominic St George30/09/2016Dominic St George is an Analyst at First State Stewart (FSS). FSS is part of First State Investments and the team manages equities in Asia Pacific, Global Emerging and other international markets. He joined FSS as a graduate in November 2010.He is responsible for providing research support to the portfolio managers, covering all relevant geographical areas and industry sectors. Dominic holds a BA in Geography from Christ's College, Cambridge.
Alex Summers16/03/2016
Jonathan Asante27/01/2014Jonathan Asante joined First State Investments Global Emerging Markets team as Senior Analyst in November 2004 and in January 2008 was appointed Head of Global Emerging Markets. His primary area of research is the entire emerging markets universe and he acts in the capacity of Co-Manager for a number of our portfolios. Jonathan joined from Framlington where he was Global Emerging Markets Fund Manager and Group Economist. Prior to joining Framlington in 1995, he was employed by NatWest Group where he was an Assistant Researcher, analysing the UK economy and UK credit markets. Previous to this Jonathan taught classes in economics and econometrics at the London School of Economics whilst doing postgraduate research. Jonathan graduated from the London School of Economics with BSc and MSc in Economics. He is an Associate member of the UK Society of Investment Professionals.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Stewart Investors Worldwide Leaders EP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.55%
Bid price200.6
Offer price200.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW163
FL Stewart Investors Worldwide Leaders EP S3
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.55%
Bid price200.6
Offer price200.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW164
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.