Fact sheet: FL Franklin UK Sm Cos EP

Fund information
Fund name
FL Franklin UK Smaller Companies EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Mark Hallsince 01/09/2013
  • Richard Bullassince 21/06/2012
  • Paul Spencersince 21/06/2012
Underlying fund
Franklin UK Smaller Companies
Fund objective
Franklin Templeton state that the fund aims to increase the value of its investments over the medium to long term. The fund invests mainly in equity securities from smaller UK-listed companies that have a market value no greater than the largest company in the Numis Smaller Companies Index and are traded on markets regulated by a government body. The fund can invest to a lesser extent in equity securities of smaller companies listed outside the UK. The fund may also invest a portion of its portfolio in other types of transferable securities including fixed interest and other debt related securities, cash and near cash, money market instruments, and other collective investment schemes.
Benchmark
  • Numis Smaller Companies (ex ITs)
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-4.2%
1 Year rank in sector
105/107
Sector
PN UK Smaller Companies
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.
82
Bid price
174.3
Offer price
174.3
Top in this sector
Fund name1 Year
OMW Prof Liontrust UK Sm Cos Pn11.2%
Aviva Art UK Sm Cos Pn10.8%
OMW Liontrust UK Sm Cos10.4%
Pru Artemis UK Sm Cos Pn10.3%
FL Old Mutual UK Sm Cos Pn10.2%
...more in PN UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK92.1%
    Money Market7.9%
  • Industrials41.4%
    Chemicals8.7%
    Cash & Cash Equivalents7.9%
    Technology7.7%
    Real Estate7.3%
  • UK Equities92.1%
    Cash & Cash Equivalents7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%0.9%-1.2%-4.2%22.6%83.1%
Sector1.3%0.5%3.4%3.6%22.1%101%
Rank within sector15 / 11251 / 11198 / 109105 / 10753 / 10382 / 95
Quartile1st2nd4th4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-5.9%24.9%-0.7%50.9%8.8%
Sector2.5%17.6%-2.3%37.9%24.8%
Rank within sector103 / 1079 / 10629 / 1034 / 10295 / 95
Quartile4th1st2nd1st4th
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.
-1.46
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.
1.19
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.
0.21
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%.
14.02
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.
4.9
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.
-0.08
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.
0.9
Price movement
52 week high185.2
52 week low147
Current bid price174.3
Current offer price174.3
Current mid price-
Region
1UK92.14%
2Money Market7.86%
Industry sector
1Industrials41.44%
2Chemicals8.71%
3Cash & Cash Equivalents7.86%
4Technology7.66%
5Real Estate7.33%
6Financial Services5.22%
7Building & Construction5.16%
8Others4.87%
9Health Care4.72%
Asset type
1UK Equities92.14%
2Cash & Cash Equivalents7.86%
Individual holdings
1SCAPA GROUP PLC4.05%
2RESTORE PLC3.7%
3CLINIGEN GROUP PLC3.14%
4CLIPPER LOGISTICS PLC3.14%
5GOOCH & HOUSEGO ORD GBP3.13%
6AVON RUBBER ORD GBP2.92%
7EQUINITI GROUP PLC2.83%
8MEARS GROUP PLC2.82%
9VICTREX2.79%
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 increase the value of its investments over the medium to long term. The fund invests mainly in equity securities from smaller UK-listed companies that have a market value no greater than the largest company in the Numis Smaller Companies Index and are traded on markets regulated by a government body. The fund can invest to a lesser extent in equity securities of smaller companies listed outside the UK. The fund may also invest a portion of its portfolio in other types of transferable securities including fixed interest and other debt related securities, cash and near cash, money market instruments, and other collective investment schemes.
Benchmark
  • Numis Smaller Companies (ex ITs)
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).
Richard Bullas21/06/2012Richard Bullas is a portfolio manager at Franklin Templeton Fund Management. He is co-manager on the Franklin UK Smaller Companies Trust and manages the Smaller Companies portion of the Franklin UK Manager's Focus Fund. Richard has worked with the fund management team for over 12 years, joining Franklin Templeton Fund Management via the acquisition of Rensburg Fund Management in 2011. Mr. Bullas joined the team in 2000 as a Trainee Fund Manager, supporting the fund managers on a range of equity unit trusts while studying for his professional investment qualifications (IMC and Chartered MCSI). After 3 years he was appointed Assistant Fund Manager, assisting and reporting to the investment director, specifically on the management of the Franklin UK Smaller Companies Trust and the Franklin UK Manager's Focus Fund. From 2006 he was made Fund Manager and Associate Director while at Rensburg, co-managing 2 UK Equity Mandates as well deputy fund manager on the Franklin UK Select Growth Trust and Franklin UK Manager's Focus Fund. Mr. Bullas investment approach focuses heavily on individual company analysis, identifying quality undervalued companies that have the potential for long term outperformance. Richard has covered the UK smaller companies sector for 12 years and has considerable experience researching and analysing smaller companies. Prior to joining Rensburg Fund Management (now Franklin Templeton Fund Management) Mr. Bullas worked at AVIVA Plc as a Market Analyst in the life and pensions department. Prior to that he spent a short time working at a Chartered Accountants, for the Audit Team. Mr. Bullas holds a B.Sc. (Hons) degree in business and management studies from Bradford University School of Management, graduating in 1998. He holds the IMC (Investment Management Certificate) and is a Chartered MCSI (Chartered Institute for Securities and Investment).
Paul Spencer21/06/2012Paul Spencer is lead manager of the Franklin UK Mid Cap Fund and joint manager of the Franklin UK Managers' Focus Fund. A member of the Franklin UK Equity Team, he specialises in UK mid-cap equity analysis and investment. Mr. Spencer joined Franklin Templeton Investments when it acquired Rensburg Fund Management (now Franklin Templeton Fund Management) in January 2011. Mr. Spencer started his investment career in 1987 when he joined BWD Rensburg. In 8 years Paul progressed through the ranks becoming head of research. In 1991, he assumed responsibility for the BWD UK Smaller Companies Trust, leaving in 1995 to join Granville Davies Limited as a director and Small and Mid Cap analyst. In 1999, Paul joined TD Waterhouse, where he was head of research, specialising in small and mid cap investment analysis. He returned to Rensburg in 2006 to manage the Rensburg UK Mid Cap Growth Trust (now Franklin UK Mid Cap Fund). Mr. Spencer holds a B.A., with honors, in economics from Nottingham University. He is a Fellow of the Securities Institute (FSI). Paul has received a number of awards for investment excellence, including the Moneywise Best UK All Companies Fund in 2008, 2009 and 2010, Money Observer Best UK Small/Mid Cap Fund 2009 and Best UK All Companies Fund over three years from Lipper in 2009.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Franklin UK Smaller Companies EP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price597.4
Offer price597.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY56
FL Franklin UK Smaller Companies 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)1.28%
Bid price174.3
Offer price174.3
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW192
Data provided by

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