Fact sheet: FL Fid India Foc EP

Fund information
Fund name
FL Fidelity India Focus EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Amit Goelsince 31/03/2016
Underlying fund
Fidelity India Focus
Fund objective
Fidelity state that the fund aims to generate long-term capital growth with the level of income expected to be low. The policy is to invest principally in the shares of Indian companies listed in India as well as those of non-Indian companies that have a significant portion of their activities in India. The manager has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Derivatives may also be used for investment purposes on a non-extensive basis.
Benchmark
  • MSCI India
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
35.9%
1 Year rank in sector
140/260
Sector
PN Global Emerging Markets
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.
139
Bid price
403.5
Offer price
403.5
Top in this sector
Fund name1 Year
OMW IPL IFDSHdsnRwFTSERAFIEMPn52.9%
AXA Wealth Aber LatAm Eq Pn50.1%
LV= Jupiter India Pn49.4%
OMW Jupiter India48.6%
FL Jupiter India EP48.2%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • India97.1%
    Money Market2.9%
  • Financials24.3%
    Consumer Discretionary16.6%
    Information Technology15%
    Consumer Staples9%
    Energy8.4%
  • Indian Equities97.1%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.2%16.1%9.6%35.9%83.8%94.1%
Sector1.8%11.6%9.7%34.3%41.8%33.3%
Rank within sector2 / 2685 / 268151 / 264140 / 2609 / 22011 / 186
Quartile1st1st3rd3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund13.2%21%1.1%44.3%-7.8%
Sector9.3%31.9%-8.5%3%-3.4%
Rank within sector13 / 268236 / 25833 / 2469 / 219157 / 201
Quartile1st4th1st1st4th
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.
14.17
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.
0.82
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.
1.03
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%.
19.8
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.
15.21
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.
0.71
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.
0.42
Price movement
52 week high409.9
52 week low287.8
Current bid price403.5
Current offer price403.5
Current mid price-
Region
1India97.1%
2Money Market2.9%
Industry sector
1Financials24.3%
2Consumer Discretionary16.6%
3Information Technology15%
4Consumer Staples9%
5Energy8.4%
6Industrials7.3%
7Health Care7%
8Materials3.8%
9Utilities3.7%
Asset type
1Indian Equities97.1%
2Money Market2.9%
Individual holdings
1HOUSING DEVELOPMENT FINANCE CORP8.7%
2HOUSING DEVELOPMENT FINANCE CORP8.7%
3INFOSYS7.8%
4HDFC BANK LTD7.1%
5RELIANCE INDUSTRIES6.3%
6RELIANCE INDUSTRIES6.3%
7ITC5.4%
8ITC5.4%
9TATA CONSULTANCY SERVICES5.3%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Fidelity state that the fund aims to generate long-term capital growth with the level of income expected to be low. The policy is to invest principally in the shares of Indian companies listed in India as well as those of non-Indian companies that have a significant portion of their activities in India. The manager has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Derivatives may also be used for investment purposes on a non-extensive basis.
Benchmark
  • MSCI India
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Amit Goel31/03/2016Amit Goel has over 11 years of investment experience. He joined Fidelity in India in 2006 as a Research Specialist and was promoted to become a full-time analyst covering Indian equities. In this role, Amit gained extensive experience of covering various Indian sectors, including IT, healthcare, consumer, automobiles, materials and small caps equities. In July 2013, Amit moved to Singapore and started covering Emerging Asian companies (including Indian equities). In September 2014, Amit joined the Global Emerging Markets team and started managing the Fidelity Funds – Emerging Markets Fund’s Emerging Asia sleeve, which also invests in India. Prior to Fidelity, Amit worked as an Analyst at First Global Stockbroking in India. He holds a Bachelor of Pharmacy from Delhi University, India and an MBA from IIT Delhi, India.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Fidelity India Focus 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)1.72%
Bid price403.5
Offer price403.5
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBSA1
Data provided by

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