Fact sheet: FL GM Mixed Pension

Fund information
Fund name
FL GM Mixed Pension
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Gavin Counsellsince 30/11/2015
No data available.
Fund objective
The fund aims to achieve long-term growth from a combination of income generation and capital growth. The fund invests directly or indirectly in a wide range of asset classes including UK and overseas equites, Sterling and non-Sterling denominated bonds (including index-linked securities), direct property funds, money market instruments and short-term bonds.
Benchmark
  • CAPS Pooled Balanced Median
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.8%
1 Year rank in sector
585/863
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£102m
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.
70
Bid price
9927.3
Offer price
9928
Top in this sector
Fund name1 Year
Scot Eq Ext Bal Coll (ex MLC) Pn29.6%
BlackRock LGIM Oseas Consn Idx Pn29.3%
Scot Eq Sequel Adven Jrny Pn27.7%
Scot Eq Sequel Adventurous Pn27.7%
FL My Ftr Advantage Gth Pn27.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities47%
    UK Equities31.2%
    UK Corporate Fixed Interest5.5%
    Money Market5.2%
    Global Corporate Fixed Interest4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%2.1%3.7%16.8%32.4%61.2%
Sector0.5%3.4%4.3%17.2%27.1%51.9%
Rank within sector901 / 904846 / 904658 / 892585 / 863142 / 710135 / 616
Quartile4th4th3rd3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3%17.2%3.9%6.7%14.4%
Sector3.6%14.3%2.2%5.7%13.1%
Rank within sector683 / 893212 / 794137 / 747150 / 690308 / 663
Quartile4th2nd1st1st2nd
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.
1.88
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.
1.04
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.
0.97
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%.
7.57
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.
2.06
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.
1.04
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.
0.93
Price movement
52 week high10176.5
52 week low8166.3
Current bid price9927.3
Current offer price9928
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities47%
2UK Equities31.17%
3UK Corporate Fixed Interest5.53%
4Money Market5.16%
5Global Corporate Fixed Interest4.07%
6UK Gilts3.8%
7Others2.04%
8Property0.79%
9UK Index-Linked0.44%
Individual holdings
1ROYAL DUTCH SHELL1.22%
2HSBC HLDGS0.92%
3AXA INSTITUTIONAL PROP FUND0.79%
4BRITISH AMERICAN TOBACCO0.67%
5BP0.61%
6GLAXOSMITHKLINE0.56%
7ASTRAZENECA PLC0.42%
8UNILEVER NV0.41%
9DIAGEO0.4%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term growth from a combination of income generation and capital growth. The fund invests directly or indirectly in a wide range of asset classes including UK and overseas equites, Sterling and non-Sterling denominated bonds (including index-linked securities), direct property funds, money market instruments and short-term bonds.
Benchmark
  • CAPS Pooled Balanced Median
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Gavin Counsell30/11/2015Gavin is responsible for managing a range of multi-asset funds. Joined the investment industry in 2000, and joined Aviva Investors in 2012. Prior to joining Aviva Investors, Gavin was a Senior Investment Consultant at Towers Watson within the Strategy team. Within this role Gavin provided strategic investment advice to pension scheme trustees; schemes with assets ranging from several hundred million to multi-billion. This included providing portfolio construction analysis and asset allocation advice, to achieve both target returns and diverse risk exposures. Before joining Towers Watson, he worked as a Pensions and Investment Consultant for Aon Consulting, between 2000 and 2007, focusing on asset liability modelling studies, asset allocation, portfolio structuring and performance analytics. Gavin is a qualified Fellow of the Institute and Faculty of Actuaries. He also holds a Master of Mathematics degree from the University of Warwick.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL GM Mixed Pension
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.3%
Bid price9927.3
Offer price9928
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQP38
Data provided by

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