Fact sheet: FL Income Accumulation Pn

Fund information
Fund name
FL Income Accumulation Pn C Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund's objective is to generate income with some long-term capital growth. The manager aims to generate income yield significantly higher than that offered by the UK stock market as defined by the FTSE All-Share Index. The fund will seek to achieve the higher income mainly by investing in equities with an above average yield rather than investing in fixed interest securities. The fund will be mainly invested in UK listed equities. While the fund will invest mainly in equities, to generate additional income it may also invest in other investments such as convertible bonds.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
30.9%
1 Year rank in sector
10/225
Sector
PN UK Equity Income
Yield
-
Fund size
£23m (£20m 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.
122
Bid price
1719.7
Offer price
1810.2
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn46.1%
OMW UBS UK Equity Income42.6%
OMW IPLMaUkEqPn32.9%
FL Schroder Inc AP32.6%
Zurich Schroder Income Pn31.7%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • UK Equities85%
    North American Equities11.2%
    Asia Pacific ex Japan Equities2.9%
    Money Market0.9%
    Others0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%7.1%12.3%30.9%18%44.6%
Sector1.9%6.7%5.6%19.7%20.9%61.2%
Rank within sector189 / 23192 / 23120 / 22910 / 225151 / 205186 / 192
Quartile4th2nd1st1st3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund1.6%28.2%-8.7%1.1%14.2%
Sector2.4%11.5%3.9%3.7%23.2%
Rank within sector204 / 2313 / 225220 / 220181 / 205194 / 197
Quartile4th1st4th4th4th
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.
-0.99
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.
1.08
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.
0.25
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%.
11.2
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.
5.49
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.
-0.11
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.
0.76
Price movement
52 week high1735.2
52 week low1273.1
Current bid price1719.7
Current offer price1810.2
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1UK Equities84.99%
2North American Equities11.18%
3Asia Pacific ex Japan Equities2.85%
4Money Market0.91%
5Others0.06%
Individual holdings
1HSBC HLDGS6.26%
2BP5.67%
3GLAXOSMITHKLINE5.22%
4ROYAL BANK OF SCOTLAND GROUP PLC4.9%
5ROYAL DUTCH SHELL4.6%
6BARCLAYS PLC4.55%
7CENTRICA PLC4.46%
8PEARSON3.99%
9AVIVA3.86%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund's objective is to generate income with some long-term capital growth. The manager aims to generate income yield significantly higher than that offered by the UK stock market as defined by the FTSE All-Share Index. The fund will seek to achieve the higher income mainly by investing in equities with an above average yield rather than investing in fixed interest securities. The fund will be mainly invested in UK listed equities. While the fund will invest mainly in equities, to generate additional income it may also invest in other investments such as convertible bonds.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Income Accumulation Pn C Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price1719.7
Offer price1810.2
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSC49
FL Income Accumulation Pn C Cap
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price654.3
Offer price688.7
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSC81
Data provided by

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