Fact sheet: FL Gteed Dep Pn

Fund information
Fund name
FL Guaranteed Deposit Pn T Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Jason Kabelsince 31/05/2001
No data available.
Fund objective
To provide short-term liquidity by investing in money market instruments, bonds and cash. It may invest in bonds issued or backed by the UK Government as well as commercial paper, cash and near cash assets such as deposits and certificates of deposit.
Benchmark
  • Money Market Median
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
0.4%
1 Year rank in sector
43/241
Sector
PN Money Market
Yield
-
Fund size
£3m (£4m 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.
1
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn7.4%
ReAssure HL FxIntPnStf LS Pn7.4%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.2%0.4%1.3%2.3%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector56 / 24931 / 24647 / 24743 / 24136 / 22633 / 213
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.4%0.4%0.4%0.4%0.6%
Sector0.5%0%0.4%0.2%0.3%
Rank within sector35 / 24248 / 22935 / 22633 / 22039 / 213
Quartile1st1st1st1st1st
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.
0.44
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.
-0.07
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.
-
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%.
0.12
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.
0.3
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.
0.25
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.
0.02
Price movement
52 week high620.2
52 week low617.6
Current bid price-
Current offer price-
Current mid price620.2
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
To provide short-term liquidity by investing in money market instruments, bonds and cash. It may invest in bonds issued or backed by the UK Government as well as commercial paper, cash and near cash assets such as deposits and certificates of deposit.
Benchmark
  • Money Market Median
Investment style
Liquidity
Investment method
None
Fund manager
NameSinceBiography
Jason Kabel31/05/2001He is the Associate Director and Treasury Dealer, having joined the Group in 2001. Jason began his career in 1994 at BNP Capital Markets providing trade support, in Interest Rate Derivatives. In 1997 he moved to Novartis Financial Management, where he worked as an assistant fund manager in treasury. Jason graduated from the University of Westminster in 1994 with a 2.1 in BA (Hons) Information Management and Finance. He has obtained his IMC. Jason is a member of IMRO.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Guaranteed Deposit Pn T Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price620.2
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLR11
FL Guaranteed Deposit Pn T Cap
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price166.2
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLR12
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.