Fact sheet: FL JPM Inst Asia EP

Fund information
Fund name
FL JPM Institutional Asia EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Robert Lloydsince 01/02/2016
  • Ayaz Ebrahimsince 01/02/2016
Underlying fund
JPM Institutional Asia
Fund objective
JP Morgan state that the objective of the fund is to invest in a portfolio of securities in the markets of Asia (excluding Japan) and Australasia. The current policy of the fund is to invest for capital growth without any distribution target. The fund will invest in the securities of companies that are incorporated under the laws of, and have their registered office in an Asian (excluding Japan) or Australasian country, or that derive the predominant part of their economic activity from Asian (excluding Japan) and/or Australasian countries, even if listed elsewhere. The fund aims to provide broad market exposure which will include exposure to emerging markets. Smaller company investments and participation notes may be held on an ancillary basis.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
36%
1 Year rank in sector
20/218
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£2m (£2m 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.
121
Bid price
242.6
Offer price
242.6
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn57.5%
FL GM Asia Pac ExJapan Eq Pn46.5%
FL Invesco Perpetual Asian AP43.5%
Aviva Invesco Perpetual Asian Pn42.2%
FL Invesco Perp Asian Pn42%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China26.6%
    Australia17.2%
    Korea16.3%
    India10.2%
    Hong Kong9.8%
  • Financials36.2%
    Information Technology23.1%
    Consumer Discretionary10.8%
    Energy5.4%
    Industrials4.6%
  • Chinese Equities26.6%
    Australian Equities17.2%
    South Korean Equities16.3%
    Indian Equities10.2%
    Hong Kong Equities9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%5.1%1.8%36%49.5%61.7%
Sector-4.1%2.8%1.8%27.4%40.4%53.6%
Rank within sector54 / 22414 / 224128 / 22320 / 21850 / 20360 / 191
Quartile1st1st3rd1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund9.9%28.7%-2.7%8.3%2.1%
Sector7.2%27%-3.6%8.3%0.7%
Rank within sector26 / 22491 / 21676 / 214115 / 20367 / 200
Quartile1st2nd2nd3rd2nd
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.
1.5
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.
1.02
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.
0.83
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%.
14.9
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.
3.55
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.
0.48
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.
0.94
Price movement
52 week high252.2
52 week low165.6
Current bid price242.6
Current offer price242.6
Current mid price-
Region
1China26.6%
2Australia17.2%
3Korea16.3%
4India10.2%
5Hong Kong9.8%
6Taiwan9.2%
7Thailand4.6%
8Indonesia4.2%
9Singapore1.3%
Industry sector
1Financials36.2%
2Information Technology23.1%
3Consumer Discretionary10.8%
4Energy5.4%
5Industrials4.6%
6Health Care4.5%
7Utilities4.4%
8Materials3.3%
9Real Estate3.2%
Asset type
1Chinese Equities26.6%
2Australian Equities17.2%
3South Korean Equities16.3%
4Indian Equities10.2%
5Hong Kong Equities9.8%
6Taiwanese Equities9.2%
7Thai Equities4.6%
8Indonesian Equities4.2%
9Singapore Equities1.3%
Individual holdings
1TENCENT HLDGS LIMITED5.7%
2SAMSUNG ELECTRONICS CO5.2%
3AIA GROUP LTD4.1%
4ALIBABA GROUP HLDG LTD4%
5PING AN INSURANCE(GR)CO OF CHINA2.7%
6HDFC BANK LTD2.6%
7TAIWAN SEMICONDUCTOR CO2.5%
8INDUSIND BANK LIMITED2.4%
9INDUSIND BANK LIMITED2.4%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
JP Morgan state that the objective of the fund is to invest in a portfolio of securities in the markets of Asia (excluding Japan) and Australasia. The current policy of the fund is to invest for capital growth without any distribution target. The fund will invest in the securities of companies that are incorporated under the laws of, and have their registered office in an Asian (excluding Japan) or Australasian country, or that derive the predominant part of their economic activity from Asian (excluding Japan) and/or Australasian countries, even if listed elsewhere. The fund aims to provide broad market exposure which will include exposure to emerging markets. Smaller company investments and participation notes may be held on an ancillary basis.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Robert Lloyd01/02/2016Robert is Presently in Japan specialist and portfolio manager within the Pacific Regional Group in Hong Kong. In 2009 heTransferred from Tokyo to Hong Kongand in 2005 he Joined the firm based in Tokyo. prior to this in 2002 was workinh in UBS Asset Management as an investment analyst, initially for risk management and later for Japanese equities.During 2000 he Joined Deutsche Bank as a collateral analyst in the credit group. Robert completed his BA (Literature and Linguistics) from University of Montana.
Ayaz Ebrahim01/02/2016Ayaz joined HSBC Asset Management as Chief Investment Officer, Asia Pacific (ex Japan) Equities in January 2003. He is also a member of the Global Investment Strategy Group. Prior to joining HSBCAM, Ayaz worked for Cridit Agricole Asset Management (formerly Indosuez Asset Management) where he managed Asian regional portfolios for institutional clients throughout his tenure. He first joined as an investment manager in 1991 and was promoted to Chief Investment Officer for Asia (ex - Japan) in 1997 overseeing the investment teams in Hong Kong and Singapore. His financial career started with Price Waterhouse in London where he stayed for three years as an auditor. Ayaz moved back to Hong Kong and became an investment analyst at Barclays de Zoete Wedd and then Hoare Govett, where he headed research for Hong Kong Banks and Conglomerates. Ayaz holds a Bachelor of Science (Hon.) degree in Accountancy and Finance from the University of East Anglia in the United Kingdom.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL JPM Institutional Asia EP
Initial charge-
Annual charge1.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price242.6
Offer price242.6
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW329
Data provided by

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