Fact sheet: FL HL MM Bal Managed Pn

Fund information
Fund name
FL HL Multi-Manager Balanced Managed Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Roger Clarksince 29/06/2008
  • David J Smithsince 29/06/2008
Underlying fund
HL MMgrBalMgd
Fund objective
Hargreaves Lansdown state that the objective of the fund is income generation and capital growth. The fund will invest principally in collective investment schemes whose underlying investments consist of equities and/or fixed interest securities. The additional asset classes in which the fund may directly or indirectly invest include transferable securities, money market instruments and deposits.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.9%
1 Year rank in sector
398/796
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£5m (£5m 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.
61
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK32.7%
    Not Specified27%
    Europe15.3%
    Japan9.3%
    USA7.5%
  • No data available.
  • International Equities72.4%
    Global Fixed Interest14.3%
    Hedge12.7%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.8%9.9%12.9%27.6%65.4%
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector303 / 913379 / 912409 / 894398 / 796113 / 69249 / 595
Quartile2nd2nd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund12%6.1%5.7%17.4%13.5%
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector426 / 80042 / 753257 / 69289 / 66137 / 596
Quartile3rd1st2nd1st1st
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.
2.29
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.
0.94
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.
0.63
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%.
7.78
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.
4.01
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.
0.46
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.
0.73
Price movement
52 week high218.9
52 week low173.4
Current bid price-
Current offer price-
Current mid price212.4
Region
1UK32.71%
2Not Specified27%
3Europe15.26%
4Japan9.25%
5USA7.52%
6Asia Pacific5.06%
7Global Emerging Markets2.6%
8Money Market0.6%
Industry sector
No data available.
Asset type
1International Equities72.4%
2Global Fixed Interest14.3%
3Hedge12.7%
4Money Market0.6%
Individual holdings
1FINDLAY PARK AMERICAN GBP7.5%
2CF WOODFORD EQUITY INCOME7.2%
3FP CRUX EUROPEAN SPECIAL SITUATIONS 6.8%
4GLG JAPAN CORE ALPHA A RET ACC6.8%
5ARTEMIS INCOME I ACC6%
6MAJEDIE UK EQUITY A5.6%
7AXA FRAMLINGTON UK SELECT OPPORTUNITIES5.1%
8FIRST STATE INVESTMENTS(UK) STEWART INV ASIA PAC LDRS A GBP ACC5.1%
9THESIS TM SANDITON EUROPEAN SELECT F ACC GBP4.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Hargreaves Lansdown state that the objective of the fund is income generation and capital growth. The fund will invest principally in collective investment schemes whose underlying investments consist of equities and/or fixed interest securities. The additional asset classes in which the fund may directly or indirectly invest include transferable securities, money market instruments and deposits.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Roger Clark29/06/2008Roger holds a BA Hons in Management and Statistics from the University of Exeter. Roger joined Hargreaves Lansdown in January 2004 and became a member of the investment team in January 2006. As well as carrying out quantitative analysis, Roger has been the co-manager of the HL Multi-Manager Special Situations Trust since June 2007. He has specialist responsibility for analysis of the European and emerging markets sectors as well as all boutique funds. Roger passed the Investment Management Certificate exam. He is a CAIA charterholder.
David J Smith29/06/2008David holds a BSc (Hons) degree in Statistics, Computing, Operational Research and Economics from University College London and an MSc in Financial Economics from Loughborough University. David also holds a variety of professional qualifications, including the Investment Management Certificate, and is a Chartered Alternative Investment Analyst (CAIA) charterholder. David has been co-manager of the HL Multi-Manager Equity & Bond Trust since February 2008 and the HL MM Balanced Managed Trust since July 2008. He has been co-manager of the HL MM Strategic Bond Trust since its launch in February 2009 and the HL MM Asia & Emerging Markets Fund since its launch in April 2015.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL HL Multi-Manager Balanced Managed Pn
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price212.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF520
FL HL Multi-Manager Balanced Managed Pn Inet
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.02%
Bid price-
Offer price-
Mid price182.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOQ63
Data provided by

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