Fact sheet: FL HSBC Amanah GblEqIdxAP

Fund information
Fund name
FL HSBC Amanah Global Equity Index AP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Ed Gurungsince 22/12/2015
  • Bijan Seghatchiansince 30/11/2010
  • Han Wei Paul Tansince 09/07/2015
Underlying fund
HSBC Amanah Gbl Equ Ind
Fund objective
HSBC state that the fund's objective is to grow money in line with the performance of the 100 largest global companies engaged in Shariah compliant activities. The fund adopts a passive equity investment strategy that mirrors and tracks the Dow Jones Islamic Market Titans 100 Index. The Islamic Market Titans Index consists of Shariah compliant companies that have been endorsed by the Dow Jones Shariah Supervisory Committee. There is a rigorous investment process to ensure adherence to Shariah principles, which HSBC Amanah’s Central Shariah Committee closely monitors. The committee has approved investment in listed companies whose activities do not contravene the tenets of Islam and where any non Shariah compliant revenue that might be earned is ‘purified’.
Benchmark
  • Dow Jones Titans 100
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
18.6%
1 Year rank in sector
385/961
Sector
PN Global Equities
Yield
-
Fund size
£1m (£1m 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.
104
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn32.8%
L&G M&G Global Dividend Pn30%
Aviva M&G Global Div Pn29.7%
OMW M&G Global Div29.6%
OMW IPL M&G Global Dividend Pn29.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America69.9%
    Europe ex UK14.5%
    Asia Pacific ex Japan5.7%
    Japan4.8%
    UK4.4%
  • Technology28.9%
    Health Care23.7%
    Consumer Goods15.3%
    Consumer Services10%
    Oil & Gas7.7%
  • North American Equities69.9%
    Europe ex UK Equities14.5%
    Asia Pacific ex Japan Equities5.7%
    Japanese Equities4.8%
    UK Equities4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%1.2%14.1%18.6%46.9%94%
Sector-2.2%2.3%13.9%16.1%31.7%75.5%
Rank within sector1008 / 1039737 / 1035525 / 1025385 / 96164 / 849151 / 746
Quartile4th3rd3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund18.5%6.5%15.6%22.2%6.6%
Sector16.6%3.7%7.8%21.4%11.2%
Rank within sector403 / 963195 / 92118 / 849440 / 820693 / 752
Quartile2nd1st1st3rd4th
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.
2.74
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.
1.15
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.
0.9
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%.
12.15
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.
3.75
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.
1.08
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.
0.92
Price movement
52 week high526.1
52 week low382.6
Current bid price-
Current offer price-
Current mid price489.8
Region
1North America69.94%
2Europe ex UK14.52%
3Asia Pacific ex Japan5.71%
4Japan4.81%
5UK4.38%
6Money Market0.64%
Industry sector
1Technology28.87%
2Health Care23.66%
3Consumer Goods15.31%
4Consumer Services10.02%
5Oil & Gas7.69%
6Industrials7%
7Basic Materials2.99%
8Financials2.52%
9Telecommunications1.31%
Asset type
1North American Equities69.94%
2Europe ex UK Equities14.52%
3Asia Pacific ex Japan Equities5.71%
4Japanese Equities4.81%
5UK Equities4.38%
6Money Market0.64%
Individual holdings
1APPLE INC6.04%
2MICROSOFT CORP4.45%
3EXXON MOBIL CORP3.59%
4JOHNSON & JOHNSON3.21%
5FACEBOOK INC2.96%
6PROCTER & GAMBLE CO2.38%
7GOOGLE INC2.35%
8ALPHABET INC2.28%
9PFIZER INC2.04%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
HSBC state that the fund's objective is to grow money in line with the performance of the 100 largest global companies engaged in Shariah compliant activities. The fund adopts a passive equity investment strategy that mirrors and tracks the Dow Jones Islamic Market Titans 100 Index. The Islamic Market Titans Index consists of Shariah compliant companies that have been endorsed by the Dow Jones Shariah Supervisory Committee. There is a rigorous investment process to ensure adherence to Shariah principles, which HSBC Amanah’s Central Shariah Committee closely monitors. The committee has approved investment in listed companies whose activities do not contravene the tenets of Islam and where any non Shariah compliant revenue that might be earned is ‘purified’.
Benchmark
  • Dow Jones Titans 100
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Ed Gurung22/12/2015
Bijan Seghatchian30/11/2010Bijan is a senior fund manager Head of Equity Index Funds and has headed the team since 2009. He joined the Indexation and ETF Team in 2007 having originally joined HSBC Global Asset Management in 1995. Bijan holds a BSc in Psychology/Philosophy from Bristol University an MSc in Information Systems & Technology from City University in London and a Post-Graduate certificate in Economics from Birkbeck University of London.
Han Wei Paul Tan09/07/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL HSBC Amanah Global Equity Index 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 price489.8
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAEY4
FL HSBC Amanah Global Equity Index AP Inet
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price443.4
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCPC7
Data provided by

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