Fact sheet: FL Index-Linked EP

Fund information
Fund name
FL Index-Linked EP S2
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund aims to achieve long-term growth which at least keeps pace with inflation from a combination of income generation and capital growth. The fund invests almost entirely in index-linked gilts and other index-linked securities and may also invest in UK fixed interest securities and index-linked bonds of other governments. Any foreign currency exposure is typically hedged back to Sterling. The fund can also invest in money market instruments and short-term bonds.
Benchmark
  • FTSE Actuaries Index-Linked All Stocks Index
Investment style
Passive/Tracking
Investment method
No data available.
Quick stats
1 Year return
15.8%
1 Year rank in sector
99/146
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£22m (£203m 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.
89
Bid price
355.3
Offer price
355.3
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn27.4%
SSgA UK Idx Lkd Gilt Nov2055 Pn21.9%
SSgA UK Idx Lkd Glt Mar 2050 Pn20.8%
L&G Ovr 15Yr IdxLkd GltsIdx Pn20.3%
SSgA MPF Ovr 15Y IL Gilt Pn20.3%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.3%-6.8%13.7%15.8%35.5%41.6%
Sector-5.1%-6.5%14.1%16.3%37.8%44.4%
Rank within sector78 / 15166 / 15094 / 15099 / 146104 / 13686 / 119
Quartile3rd2nd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund20.1%-2%17.5%-0.1%-0.3%
Sector20%-1.5%18.7%0.1%-0.1%
Rank within sector91 / 14797 / 140114 / 13667 / 12858 / 119
Quartile3rd3rd4th3rd2nd
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.
-0.67
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.
1.01
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.
0.73
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%.
11.29
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.
0.79
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.
-0.73
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.
1
Price movement
52 week high387.4
52 week low295.9
Current bid price355.3
Current offer price355.3
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1TREASURY 1.25% IDX-LKD GILT 22/11/32 GBP0.0113.23%
2UK IL TREASURY GILT 0.125% 22/03/2026 SERIES 3MO13.12%
3TREASURY 0.25% IDX LKD GILT 22/3/52 GBP0.019.24%
4TREASURY 0.125% IDX LKD GILT 22/03/58 GBP0.019.09%
5TREASURY 0.625% IDX-LKD GILT 22/11/42 GBP8.63%
6TREASURY 0.75% IDX LKD GILT 22/11/47 GBP8.47%
7TREASURY 1.125% IDX GILT 22/11/37 GBP8.18%
8TREASURY 1.875% IDX LKD GILT 22/11/22 GBP7.78%
9TREASURY 0.125% GILT 22/03/68 GBP0.017.53%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term growth which at least keeps pace with inflation from a combination of income generation and capital growth. The fund invests almost entirely in index-linked gilts and other index-linked securities and may also invest in UK fixed interest securities and index-linked bonds of other governments. Any foreign currency exposure is typically hedged back to Sterling. The fund can also invest in money market instruments and short-term bonds.
Benchmark
  • FTSE Actuaries Index-Linked All Stocks Index
Investment style
Passive/Tracking
Investment method
No data available.
Fund manager
No data available.
Compliance
FE Passive Rateable
Domicile
No data available.
Fund for sale in
United Kingdom
FL Index-Linked EP
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price1088.2
Offer price1088.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY20
FL Index-Linked EP 0.75%
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price815.9
Offer price815.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY27
FL Index-Linked EP Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price1034.4
Offer price1086.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY15
FL Index-Linked EP S2
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price355.3
Offer price355.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWK63
FL Index-Linked EP S3
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.45%
Bid price215.4
Offer price215.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW277
Data provided by

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