Fact sheet: FL Inv Perp Pacific EP

Fund information
Fund name
FL Invesco Perpetual Pacific EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Stuart Parkssince 31/07/2000
  • William Lamsince 31/05/2013
  • Tony Robertssince 31/05/2013
Underlying fund
Invesco Perp Pacific
Fund objective
Invesco Perpetual state that the objective of the fund is to achieve capital growth. The fund intends to invest primarily in shares of companies in the Far East, including shares of Australasian companies, although it may include other Far Eastern related investments. In pursuing this objective, the managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions. The fund is actively managed within its objectives and is not constrained by a benchmark.
Benchmark
  • MSCI AC Asia Pacific
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
31.5%
1 Year rank in sector
5/61
Sector
PN Asia Pacific Including Japan
Yield
-
Fund size
£10m (£8m 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.
127
Bid price
270.2
Offer price
270.2
Top in this sector
Fund name1 Year
Phoenix GT Far East & General Pn35.6%
Aviva Pac Eq Pn35.3%
Aviva Pacific Equity NU Pn34%
L&G Far Eastern Pn31.9%
FL Inv Perp Pacific EP31.5%
...more in PN Asia Pacific Including Japan

Performance snapshot

Holdings snapshot

  • Japan39%
    China13.6%
    Hong Kong12.5%
    Korea11.2%
    Australia8.3%
  • Information Technology29.4%
    Financials16.2%
    Consumer Discretionary14.3%
    Industrials11.5%
    Real Estate5.7%
  • Japanese Equities39%
    Chinese Equities13.6%
    Hong Kong Equities12.5%
    South Korean Equities11.2%
    Australian Equities8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%5.7%23.3%31.5%41.8%87%
Sector-2.3%2.4%20%26.4%33.4%57.7%
Rank within sector7 / 613 / 618 / 615 / 616 / 602 / 60
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund28.7%2.5%5.7%23.1%13.5%
Sector24.2%0.8%6.7%6.8%13.3%
Rank within sector5 / 6123 / 6035 / 602 / 6029 / 60
Quartile1st2nd3rd1st2nd
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.
2.16
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.
0.97
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.
0.59
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%.
13.69
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.
4.07
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.
0.45
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.
0.91
Price movement
52 week high281.3
52 week low182.1
Current bid price270.2
Current offer price270.2
Current mid price-
Region
1Japan39%
2China13.64%
3Hong Kong12.45%
4Korea11.2%
5Australia8.3%
6Taiwan6.02%
7India3.81%
8Singapore1.46%
9Money Market1.35%
Industry sector
1Information Technology29.39%
2Financials16.24%
3Consumer Discretionary14.27%
4Industrials11.49%
5Real Estate5.68%
6Energy5.26%
7Materials3.83%
8Health Care3.75%
9Utilities3.41%
Asset type
1Japanese Equities39%
2Chinese Equities13.64%
3Hong Kong Equities12.45%
4South Korean Equities11.2%
5Australian Equities8.3%
6Taiwanese Equities6.02%
7Indian Equities3.81%
8Singapore Equities1.46%
9Money Market1.35%
Individual holdings
1NETEASE INC3.49%
2SAMSUNG ELECTRONICS CO3.11%
3HONDA MOTOR CO2.65%
4INPEX CORP2.53%
5BAIDU INC2.49%
6SUMITOMO MITSUI FINANCIAL GROUP INC2.21%
7CK HUTCHISON HLDGS LTD2.13%
8TAIWAN SEMICONDUCTOR MANUFACTURING2.12%
9JD.COM INC2.08%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Invesco Perpetual state that the objective of the fund is to achieve capital growth. The fund intends to invest primarily in shares of companies in the Far East, including shares of Australasian companies, although it may include other Far Eastern related investments. In pursuing this objective, the managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions. The fund is actively managed within its objectives and is not constrained by a benchmark.
Benchmark
  • MSCI AC Asia Pacific
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Stuart Parks31/07/2000Based in Henley-on-Thames, Stuart is Head of Asian Equities at Invesco Perpetual and is one of our most experienced fund managers covering the region. He began his investment career in 1985 at Wood MacKenzie as a UK financial stocks analyst. From 1990 onwards Stuart has specialised in the Asian equity markets. In the first instance, he joined London Life as a Far Eastern fund manager before gaining further exposure to the region with Swiss Bank Portfolio Management International and GAN Fund Managers. He joined our company in 1994. Stuart holds an MA in Modern History from Oxford University and is an Associate of the CFA Society of the UK.
William Lam31/05/2013Based in Henley-on-Thames, William manages the Asian portion of the Pacific Fund. He also contributes ideas to the other Asian funds in our range for all sectors and geographies, but has a particular focus on Korea, Taiwan and the technology sector. William began his career in 1995, joining the John Lewis Partnership and then Deloitte in 1998, where he qualified as a chartered accountant. In 2001, he joined Orbis Investment Advisory as a global investment analyst, specialising in the telecommunications and technology sectors, before joining our company in May 2006. He holds an MA in Psychology and Philosophy from Oxford University, an MSc in Music Technology from York University, and is a CFA charterholder.
Tony Roberts31/05/2013Based in Henley-on-Thames, Tony is responsible for the management of a number of Japanese equity portfolios alongside fellow fund manager, Paul Chesson. Tony began his investment career in 1995 as an analyst and fund manager with Clerical Medical after two years with actuarial consultants, Godwins. He joined our company in 2000 to work alongside Paul Chesson, Head of Japanese Equities. He holds a BSc in Mathematics from Southampton University and is a member of the CFA Society of the UK.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Invesco Perpetual Pacific EP
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.36%
Bid price397.6
Offer price397.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY53
FL Invesco Perpetual Pacific 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)1.41%
Bid price270.2
Offer price270.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW174
Data provided by

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