Fact sheet: FL HSBC European Index

Fund information
Fund name
FL HSBC European Index NGP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • HSBC Global Asset Management (UK) Ltd.since 14/01/1989
Underlying fund
HSBC European Index
Fund objective
HSBC state that the fund's objective is to provide long-term capital growth by matching the return of the FTSE All World Developed Europe ex UK Index. The fund invests in companies that make up the FTSE All World Developed Europe ex UK Index. The fund can use borrowing and is currently tracking the index using a full replication strategy.
Benchmark
  • FTSE World Europe EX UK
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Quick stats
1 Year return
14%
1 Year rank in sector
134/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£4m (£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.
114
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn28.2%
Scot Eq Neptune Eur Opps Pn28.2%
RLP EurSpl(NeptuneEurpOpp)Pn27.2%
Guardian Choices European Pn26.3%
SIP Neptune Eurpn Opps Pn25.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Switzerland19.7%
    Germany19.6%
    France19.4%
    Netherlands7.3%
    Spain7%
  • Financials20.5%
    Consumer Goods19.5%
    Industrials15.1%
    Health Care12.5%
    Basic Materials8.2%
  • Swiss Equities19.7%
    German Equities19.6%
    French Equities19.4%
    Dutch Equities7.3%
    Spanish Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%1.1%11%14%24.2%-
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector160 / 36999 / 369106 / 368134 / 359191 / 340-
Quartile2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.7%5.3%0.8%--
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector135 / 359269 / 353113 / 341--
Quartile2nd4th2nd
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.
-1.46
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.
1.12
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.
0.16
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%.
12.83
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.
3.24
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.
-0.26
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.
0.95
Price movement
52 week high144.6
52 week low107.4
Current bid price-
Current offer price-
Current mid price137.7
Region
1Switzerland19.68%
2Germany19.58%
3France19.37%
4Netherlands7.29%
5Spain7.04%
6Sweden6.34%
7Italy4.52%
8Denmark4.27%
9Belgium3.16%
Industry sector
1Financials20.54%
2Consumer Goods19.48%
3Industrials15.12%
4Health Care12.5%
5Basic Materials8.17%
6Consumer Services5.4%
7Technology4.34%
8Oil & Gas4.06%
9Telecommunications3.82%
Asset type
1Swiss Equities19.68%
2German Equities19.58%
3French Equities19.37%
4Dutch Equities7.29%
5Spanish Equities7.04%
6Swedish Equities6.34%
7Italian Equities4.52%
8Danish Equities4.27%
9Belgian Equities3.16%
Individual holdings
1NESTLE SA4.08%
2NOVARTIS AG3.07%
3ROCHE HLDG AG2.94%
4TOTAL SA1.88%
5ANHEUSER-BUSCH INBEV SA/NV1.67%
6SANOFI1.58%
7SIEMENS AG1.57%
8BAYER AG1.49%
9BASF SE1.48%
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 provide long-term capital growth by matching the return of the FTSE All World Developed Europe ex UK Index. The fund invests in companies that make up the FTSE All World Developed Europe ex UK Index. The fund can use borrowing and is currently tracking the index using a full replication strategy.
Benchmark
  • FTSE World Europe EX UK
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Fund manager
NameSinceBiography
HSBC Global Asset Management (UK) Ltd.14/01/1989
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL HSBC European Index NGP
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 price137.7
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGFVV
FL HSBC European Index NGP Inet
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price135.83
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGFVW
Data provided by

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