Fact sheet: FL Henderson Global Growth EP

Fund information
Fund name
FL Henderson Global Growth EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Ronan Kellehersince 31/01/2016
  • Ian Warmerdamsince 09/04/2009
Underlying fund
Henderson Global Growth
Fund objective
Henderson state that the objective of the fund is to achieve above average long-term capital growth. The policy under normal circumstances is to invest principally in a concentrated portfolio of global securities with a bias to those securities where innovation drives competitive advantage and where the manager considers them to be under appreciated and which offer sustainably high levels of growth. The fund may also invest in any other type of security that is consistent with its objective, money market instruments, bank deposits and derivatives.
Benchmark
  • Nasdaq 100 Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
26.9%
1 Year rank in sector
155/999
Sector
PN Global Equities
Yield
-
Fund size
£6m (£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.
105
Bid price
356.9
Offer price
356.9
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn39.9%
Baillie Gifford Lng Tm Gbl Gth Pn36.6%
Zurich BailGfrd LgTrmGblGth36.2%
Stan Life BGiff LgTmGlGtOEICPn35.5%
FL Baillie Giff LT Gbl Gth Pn34.7%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America65.9%
    Continental Europe13.4%
    Asia7.2%
    South Africa6.6%
    UK5.1%
  • Information Technology32.8%
    Consumer Discretionary19.4%
    Health Care16.6%
    Consumer Staples13.4%
    Financials7%
  • North American Equities65.9%
    European Equities13.4%
    Asia Pacific Equities7.2%
    South African Equities6.6%
    UK Equities5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%4.7%6.6%26.9%67.5%118.3%
Sector-1.1%2.5%4.4%21.7%41%81.4%
Rank within sector561 / 105084 / 1049122 / 1029155 / 9997 / 86325 / 773
Quartile3rd1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund6.9%22.7%9.2%13.4%33.8%
Sector3.1%22.4%3.7%7.8%21.4%
Rank within sector32 / 1034498 / 95558 / 91376 / 8448 / 818
Quartile1st3rd1st1st1st
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.
4.15
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.
1.13
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.
1.28
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%.
12.29
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.
5.17
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.
0.83
Price movement
52 week high371.9
52 week low267.3
Current bid price356.9
Current offer price356.9
Current mid price-
Region
1North America65.9%
2Continental Europe13.4%
3Asia7.2%
4South Africa6.6%
5UK5.1%
6Money Market1.8%
Industry sector
1Information Technology32.8%
2Consumer Discretionary19.4%
3Health Care16.6%
4Consumer Staples13.4%
5Financials7%
6Industrials5.2%
7Real Estate2.4%
8Money Market1.8%
9Materials1.4%
Asset type
1North American Equities65.9%
2European Equities13.4%
3Asia Pacific Equities7.2%
4South African Equities6.6%
5UK Equities5.1%
6Money Market1.8%
Individual holdings
1APPLE INC3.9%
2AMAZON.COM INC3.3%
3PRICELINE GROUP INC (THE)3.2%
4FACEBOOK INC3.1%
5COGNIZANT TECHNOLOGY SOLUTIONS CORP3%
6COOPER COS INC3%
7AMERICAN EXPRESS CO2.9%
8ICON AB2.9%
9CARDINAL HEALTH INC2.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Henderson state that the objective of the fund is to achieve above average long-term capital growth. The policy under normal circumstances is to invest principally in a concentrated portfolio of global securities with a bias to those securities where innovation drives competitive advantage and where the manager considers them to be under appreciated and which offer sustainably high levels of growth. The fund may also invest in any other type of security that is consistent with its objective, money market instruments, bank deposits and derivatives.
Benchmark
  • Nasdaq 100 Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Ronan Kelleher31/01/2016Ronan Kelleher is a Portfolio Manager focused on the Global Growth strategy at Henderson. In January 2016, Ronan was appointed co-manager of an onshore global growth equities fund, having been co-manager of the offshore version since January 2015. He joined Henderson in January 2011, initially working as a Fund Manager Assistant before becoming an Investment Analyst in 2012 and an Associate Fund Manager in 2015. Ronan is a generalist equities analyst for the Global Growth strategy, having previously covered IT Hardware stocks and Initial Public Offerings (IPOs) for the Technology team. Prior to working at Henderson, he worked at SIG in Dublin, Ireland as an operations associate. Ronan holds an MSc in Finance and Investment from the University of Edinburgh and a BSc (Hons) in Finance from University College Cork in Ireland. Ronan is a CFA charterholder and holds the Investment Management Certificate (IMC).
Ian Warmerdam09/04/2009Ian Warmerdam is Director of Henderson Global Growth Equities. He and his team manage global growth funds and growth sleeves of larger global equity portfolios. He has been a Director at Henderson since 2007. Ian joined Henderson in 2001 and has 20 years of industry experience. Prior to joining Henderson he worked at both Scottish Widows and Scottish Life where his career began as a US equities investment analyst. Ian has an MSc in investment analysis from the University of Stirling and a BSc in Technology and Business Studies from the University of Strathclyde. He is also an Associate Member of the Society of Investment Professionals (ASIP).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Henderson Global Growth EP
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.69%
Bid price87.4
Offer price87.4
Mid price-
CurrencyGBX
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWK01
FL Henderson Global Growth EP S3
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.79%
Bid price356.9
Offer price356.9
Mid price-
CurrencyGBX
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW366
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.