Fact sheet: FL Franklin UK Eq Inc EP

Fund information
Fund name
FL Franklin UK Equity Income EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Mark Hallsince 01/09/2013
  • Colin Mortonsince 01/01/1995
  • Ben Russonsince 01/09/2013
Underlying fund
Franklin UK Equity Income
Fund objective
Franklin Templeton state that the fund aims to generate a growing level of income which is higher than that of the FTSE All Share Index, together with capital growth over the medium to long term. The fund will primarily invest in the equity securities of UK companies listed on the London Stock Exchange. To a lesser extent it may also invest in fixed interest and other debt related securities and convertible stocks. The fund may also invest a proportion of its portfolio in other types of transferable securities, cash and near cash, money market instruments, and other collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.5%
1 Year rank in sector
53/225
Sector
PN UK Equity Income
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.
89
Bid price
423.2
Offer price
423.2
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96.2%
    Money Market3.8%
  • Others19.3%
    Health & Household14.9%
    Industrials14%
    Utilities10.3%
    Oil & Gas9.9%
  • UK Equities96.2%
    Cash & Cash Equivalents3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-3.2%7.6%12.5%28%70.9%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector180 / 229177 / 22980 / 22953 / 22510 / 20564 / 192
Quartile4th4th2nd1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.9%4.9%6.4%22.8%12.6%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector53 / 225127 / 22036 / 205124 / 197114 / 192
Quartile1st3rd1st3rd3rd
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.
2.74
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.
0.93
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.
0.48
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%.
9.28
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.
4.12
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.
0.55
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.
0.81
Price movement
52 week high453.1
52 week low347.9
Current bid price423.2
Current offer price423.2
Current mid price-
Region
1UK96.19%
2Money Market3.81%
Industry sector
1Others19.33%
2Health & Household14.9%
3Industrials14.01%
4Utilities10.29%
5Oil & Gas9.88%
6Health Care8.25%
7Insurance6.74%
8Telecommunications4.97%
9Banks4%
Asset type
1UK Equities96.19%
2Cash & Cash Equivalents3.81%
Individual holdings
1ROYAL DUTCH SHELL4.5%
2BRITISH AMERICAN TOBACCO4.25%
3BP4.12%
4HSBC HLDGS4.03%
5UNILEVER3.73%
6GLAXOSMITHKLINE3.72%
7DIAGEO3.52%
8ASTRAZENECA PLC3.51%
9IMPERIAL BRANDS PLC3.42%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Franklin Templeton state that the fund aims to generate a growing level of income which is higher than that of the FTSE All Share Index, together with capital growth over the medium to long term. The fund will primarily invest in the equity securities of UK companies listed on the London Stock Exchange. To a lesser extent it may also invest in fixed interest and other debt related securities and convertible stocks. The fund may also invest a proportion of its portfolio in other types of transferable securities, cash and near cash, money market instruments, and other collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mark Hall01/09/2013Mark Hall is a member of the highly-regarded Franklin UK Equity Team. He specialises in multi-cap UK equity analysis. Mark joined Franklin Templeton Investments when it acquired Rensburg Fund Management in January 2011. After training as an accountant, Mr. Hall joined BWD Rensburg in 1988 as a Smaller Companies investment analyst, subsequently managing private client discretionary portfolios. Mark became fund manager of the BWD Equity Growth Trust in 1997, investing in the UK All Companies Sector. In 2001 he became the lead manager of BWD Aggressive Growth Trust, (which was subsequently renamed Rensburg UK Select Growth Trust). In April 2013 Mark relinquished his portfolio management responsibilities in order to focus on providing research and analysis. Mr. Hall holds a B.A. (Hons) geography with additional economics from Exeter University. He also holds an Investment Management Certificate (IMC).
Colin Morton01/01/1995Colin Morton, Lead Manager of the Franklin UK Equity Income Fund and Franklin UK Blue Chip Fund and specialises in large cap UK equity analysis and investment. Mr. Morton joined Franklin Templeton Investments when it acquired Rensburg Fund Management (now Franklin Templeton Fund Management) in January 2011. Mr. Morton began his career in 1983 as a trainee stockbroker with Wise Speke & Co. He joined Rensburg in 1988 as a private client executive, becoming an investment manager in 1991. He became the manager of Rensburg UK Equity Income Trust in January 1995, manager of the Rensburg UK Blue Chip Growth Trust in September 2000 and has been a joint manager of the Rensburg UK Managers Focus Trust since its launch in September 2006. On the 15 October 2011, all three trusts were merged into newly created sub funds the Franklin Templeton Funds OEIC range and renamed to reflect the Franklin Templeton brand. During his tenure as manager, Franklin UK Equity Income Fund and Franklin UK Blue Chip Fund have held OBSR ratings for at least five consecutive years as at 30 June 2011. Mr. Morton holds an Investment Management Certificate (IMC) and is a Fellow of the Securities Institute (FSI).
Ben Russon01/09/2013Ben Russon is a vice president and portfolio manager based in Leeds as part of Franklin Templeton Fund Management. He is the lead manager on the Franklin UK Opportunities Fund and co-manager on the Franklin UK Managers' Focus Fund. Mr. Russon joined the Franklin Templeton UK Equity team during 2013. Prior to this he spent 13 years as a fund manager with Newton Investment Management, specialising in UK Equities. He was the lead manager on the Newton UK Opportunities Fund from 2005, alongside associated institutional mandates. Previously he worked at Newton in the research function, specialising in the global food retail sector. Wider responsibilities also included global equity investment with the Newton Osprey Fund. Mr. Russon graduated from the University of Edinburgh with an M.A. (joint honours) in geography and economics. He is a Chartered Financial Analyst (CFA) charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Franklin UK Equity Income EP
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price423.2
Offer price423.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY57
FL Franklin UK Equity Income EP S3
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price197.6
Offer price197.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW189
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.