Fact sheet: FL Global Eq Fund of Funds Pn

Fund information
Fund name
FL Global Equity Fund of Funds Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Friends Providentsince 01/10/2004
No data available.
Fund objective
This fund aims to achieve capital growth. It invests in a diversified portfolio of actively and/or passively managed underlying funds which invest in equities of any region, including emerging markets. These funds can also invest in fixed interest securities, derivatives and cash.
Benchmark
  • ABI Pension Fund Global Equities Sector Median
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
32.9%
1 Year rank in sector
269/985
Sector
PN Global Equities
Yield
-
Fund size
£59m (£50m 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
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn52.9%
FL Baillie Giff LT Gbl Gth Pn51.9%
Baillie Gifford Lng Tm Gbl Gth Pn50.9%
Zurich BailGfrd LgTrmGblGth50.5%
Stan Life BGiff LgTmGlGtOEICPn49.7%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • North American Equities43.9%
    European Equities21.9%
    UK Equities15.7%
    Japanese Equities7.7%
    Asia Pacific ex Japan Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.5%2.6%10.5%32.9%54.1%119.4%
Sector3.2%2%9.3%29.7%43.9%94.2%
Rank within sector430 / 1037382 / 1032293 / 1015269 / 985174 / 85197 / 769
Quartile2nd2nd2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund6.9%23.5%6.8%10.6%25.5%
Sector5.8%22.4%3.7%7.8%21.4%
Rank within sector336 / 1017455 / 939174 / 897200 / 828183 / 800
Quartile2nd2nd1st1st1st
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.
1.78
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.
1.12
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%.
10.42
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.
1.5
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.
1.47
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.
0.98
Price movement
52 week high392.3
52 week low293.4
Current bid price-
Current offer price-
Current mid price389.9
Region
No data available.
Industry sector
No data available.
Asset type
1North American Equities43.87%
2European Equities21.9%
3UK Equities15.68%
4Japanese Equities7.66%
5Asia Pacific ex Japan Equities6.19%
6Money Market2.62%
7Global Emerging Market Equities2.08%
Individual holdings
1FL BLACKROCK US EQUITY INDEX (AQUILA C) AP20.84%
2FL NORTH AMERICAN PN CAP17.55%
3FL THREADNEEDLE EUROPEAN SELECT13.14%
4FL BAILLIE GIFFORD UK EQUITY CORE PENSION7.29%
5FL BAILLIE GIFFORD NORTH AMERICAN EQUITY PENSION5.48%
6FL BAILLIE GIFFORD JAPANESE PN5.36%
7FL BLACKROCK UK EQUITY INDEX (AQUILA C) AP5.17%
8FL BLACKROCK EUROPEAN EQUITY INDEX (AQUILA C) AP4.38%
9FL SCHRODER EUROPEAN OPPORTUNITIES4.38%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
This fund aims to achieve capital growth. It invests in a diversified portfolio of actively and/or passively managed underlying funds which invest in equities of any region, including emerging markets. These funds can also invest in fixed interest securities, derivatives and cash.
Benchmark
  • ABI Pension Fund Global Equities Sector Median
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Friends Provident01/10/2004
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Global Equity Fund of Funds Pn
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price389.9
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLM22
FL Global Equity Fund of Funds Pn Inet
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price326.89
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOR67
Data provided by

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