Fact sheet: FL Global Equity Pn

Fund information
Fund name
FL Global Equity Pn Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Alex Teddersince 31/10/2014
No data available.
Fund objective
The fund aims to achieve capital growth, with some income generation, by investing mainly in listed global equities. The fund may also invest in other equities, warrants, convertibles, derivatives, money market instruments and short-term bonds. The fund may invest directly or indirectly.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
19.5%
1 Year rank in sector
544/961
Sector
PN Global Equities
Yield
-
Fund size
£45m (£39m 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.
95
Bid price
1437.6
Offer price
1513.3
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • North American Equities59.4%
    Europe ex UK Equities16.6%
    Japanese Equities7.1%
    UK Equities6.9%
    Asia Pacific ex Japan Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%3.7%16.4%19.5%48%93.7%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector618 / 1039405 / 1035435 / 1025544 / 961136 / 849193 / 751
Quartile3rd2nd2nd3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund18.7%8.3%12.2%22.2%10.3%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector524 / 963106 / 921128 / 849432 / 820536 / 752
Quartile3rd1st1st3rd3rd
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.
2.18
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.
1.07
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.
0.87
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%.
11.09
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.
2.36
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.
1.19
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.
0.96
Price movement
52 week high1492.1
52 week low1080
Current bid price1437.6
Current offer price1513.3
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1North American Equities59.45%
2Europe ex UK Equities16.65%
3Japanese Equities7.09%
4UK Equities6.95%
5Asia Pacific ex Japan Equities4.94%
6Asia Pacific Equities2.48%
7Middle East & African Equities0.98%
8Money Market0.9%
9American Emerging Equities0.58%
Individual holdings
1ALPHABET INC3%
2CITIGROUP INC2.36%
3AMAZON.COM INC2.02%
4COMCAST CORP(NEW)2.01%
5APPLE INC1.94%
6UNITEDHEALTH GROUP INC1.7%
7VISA INC1.68%
8JPMORGAN CHASE & CO1.67%
9HEWLETT PACKARD ENTERPRISE CO1.46%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to achieve capital growth, with some income generation, by investing mainly in listed global equities. The fund may also invest in other equities, warrants, convertibles, derivatives, money market instruments and short-term bonds. The fund may invest directly or indirectly.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alex Tedder31/10/2014Alex Joined Schroders in July 2014. His Investment career commenced in 1990. Currently Head of Global Equities, Portfolio Manager. Based in London. He joined Schroders from American Century Investments in New York, where he was Senior Vice President and Senior Portfolio Manager (Global and Non-US Large Cap Strategies). He was lead manager of the American Century International Growth Fund (TWIEX) from July 2006 until March 2014. Prior to this, he was with Deutsche Asset Management Ltd, where he worked in various capacities including Managing Director and Head of International Equities / Portfolio Manager. He was lead manager of DWS International Select Equity Fund (MGINX) from May 1995 to September 2005. He also previously served as co-manager of DWS International Fund, DWS Worldwide 2004 Fund, Deutsche Global Select Equity Fund and Dean Witter European Growth Fund. He initially joined Schroders in 1990, working in the UK and Germany where he was responsible for promoting European Equity mandates alongside Schroders' Private Equity operation. He completed MA in Economics and Business Administration, University of Freiburg/Fribourg, Switzerland.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Global Equity Pn Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price1437.6
Offer price1513.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFL16
FL Global Equity Pn Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price444.1
Offer price467.5
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFL17
Data provided by

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