Fact sheet: FL Global Distribution AP

Fund information
Fund name
FL Global Distribution AP 1
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Tyler McGrawsince 19/11/2015
  • Gavin Counsellsince 19/11/2015
No data available.
Fund objective
To provide a good and growing level of income with prospects for long-term capital growth through investment in a wide range of shares, property, bonds and other fixed interest investments. The fund may use derivatives for investment purposes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
9.9%
1 Year rank in sector
198/510
Sector
PN Specialist
Yield
-
Fund size
£94m (£94m 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.
56
Bid price
232.2
Offer price
244.4
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
ReAssure AL NptRu&GtrRus Pn38.2%
L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Others41.3%
    AAA33.1%
    Money Market26.4%
    AA6.8%
    A2.6%
  • UK Equities31.9%
    UK Corporate Fixed Interest23.7%
    International Equities20.9%
    Others6.4%
    Global Corporate Fixed Interest5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-2%7.2%9.9%19.7%43%
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector454 / 546424 / 544230 / 531198 / 510186 / 386154 / 313
Quartile4th4th2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.2%-0.5%9.6%9.6%7.4%
Sector8.9%2%7.2%11%7.7%
Rank within sector195 / 514353 / 45093 / 388155 / 357191 / 318
Quartile2nd4th1st2nd3rd
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.
0.14
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.
1.03
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.
0.54
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%.
6.59
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.
2.66
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.
0.11
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.
0.84
Price movement
52 week high242.7
52 week low201.4
Current bid price232.2
Current offer price244.4
Current mid price-
Region
No data available.
Industry sector
1Others41.26%
2AAA33.06%
3Money Market26.41%
4AA6.8%
5A2.56%
6BBB0.65%
7BB0.21%
8B0.04%
9Non-Rated-10.99%
Asset type
1UK Equities31.87%
2UK Corporate Fixed Interest23.66%
3International Equities20.87%
4Others6.39%
5Global Corporate Fixed Interest5.53%
6UK Gilts5.11%
7Money Market4.28%
8Property2.29%
Individual holdings
1TREASURY 1.5% GILT 22/07/26 GBP0.011.23%
2TREASURY 2% GILT 22/07/20 GBP0.010.81%
3TREASURY 4.25% GILT 07/12/400.52%
4TREASURY 3.5% GILT 22/01/45 GBP0.44%
5TREASURY 1.5 GILT 22/01/21 GBP0.010.37%
6TREASURY 4.5% GILT 7/9/2034 GBP0.010.37%
7TREASURY 2.5% GILT 22/07/65 GBP0.10.35%
8COMMONWEALTH BANK OF AUSTRALIA0.25%
9TREASURY 3.75% GILT 22/07/52 GBP0.010.25%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
To provide a good and growing level of income with prospects for long-term capital growth through investment in a wide range of shares, property, bonds and other fixed interest investments. The fund may use derivatives for investment purposes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Tyler McGraw19/11/2015Tyler is responsible for managing a range of Aviva Investors' structured multi-asset funds including target date solutions and capital protected products. Tyler joined the investment industry in 2007 and joined Aviva Investors in 2011. Prior to Aviva Investors, Tyler was based in Shanghai, China where he worked for a group of private Canadian investors. He was responsible for sourcing and conducting due diligence on Chinese companies looking to raise capital in North America. Prior to this he worked in the Product Strategy Department at AGF Investments in Toronto, Canada. Tyler holds a degree in Economics from the University of Western Ontario, Canada and the IMC.
Gavin Counsell19/11/2015Gavin 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 Global Distribution AP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price253.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAJ54
FL Global Distribution AP 1
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price232.2
Offer price244.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQP27
FL Global Distribution AP 8 Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price253
Offer price266.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAF34
FL Global Distribution AP Inet
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price267.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG73Y
Data provided by

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