Fact sheet: FL JPM UK Eq gth AP

Fund information
Fund name
FL JPM UK Equity Growth AP 8
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Kyle Williamssince 31/12/2016
  • Ben Stapleysince 30/04/2010
Underlying fund
JPM UK Equity Growth
Fund objective
JP Morgan state that the objective of the fund is to provide long-term capital growth through investment primarily in a growth style biased portfolio of UK companies. UK companies are companies that are incorporated under the laws of, and have their registered office in, the UK, or that derive the predominant part of their economic activity from the UK, even if listed elsewhere. Smaller companies may be held on an ancillary basis. The fund invests in those stocks which the manager believes to have the potential for above-average growth. Other instruments as permitted in the stated investment and borrowing powers of the fund include, but are not limited to, fixed interest securities, cash and cash equivalents and may be held on an ancillary basis as appropriate.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
19.9%
1 Year rank in sector
-
Sector
PN UK All Companies
Yield
-
Fund size
£15m (£15m 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
204.1
Offer price
214.8
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn68.9%
Fidelity UBS UK Select Pn38.7%
Pru M&G Recovery Pn38.4%
Halifax IM UK Growth Pn38.3%
CM UBS UK Opportunities Pension38.1%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK95.2%
    Money Market4.8%
  • Financials21.4%
    Industrials16.1%
    Consumer Goods16%
    Consumer Services14.4%
    Basic Materials11.9%
  • UK Equities95.2%
    Money Market4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%6.4%5.9%19.9%21.3%78.4%
Sector1.9%7%6.9%20.5%16.4%56.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund4%10%9.4%1.4%30.2%
Sector2.9%10.2%4.4%0.6%24.2%
Rank within sector-----
Quartile
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.
3.37
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.
0.83
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.
0.52
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%.
9.39
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
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.
0.47
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.
0.75
Price movement
52 week high206.3
52 week low166.8
Current bid price204.1
Current offer price214.8
Current mid price-
Region
1UK95.2%
2Money Market4.8%
Industry sector
1Financials21.4%
2Industrials16.1%
3Consumer Goods16%
4Consumer Services14.4%
5Basic Materials11.9%
6Oil & Gas7%
7Health Care5.2%
8Money Market4.8%
9Technology3.2%
Asset type
1UK Equities95.2%
2Money Market4.8%
Individual holdings
1HSBC HLDGS6.3%
2BRITISH AMERICAN TOBACCO4.3%
3BP4.2%
4GLAXOSMITHKLINE3.8%
5DIAGEO2.8%
6RECKITT BENCKISER GROUP PLC2.4%
7PRUDENTIAL PLC2.3%
8RIO TINTO2.3%
9BARCLAYS PLC2.2%
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 provide long-term capital growth through investment primarily in a growth style biased portfolio of UK companies. UK companies are companies that are incorporated under the laws of, and have their registered office in, the UK, or that derive the predominant part of their economic activity from the UK, even if listed elsewhere. Smaller companies may be held on an ancillary basis. The fund invests in those stocks which the manager believes to have the potential for above-average growth. Other instruments as permitted in the stated investment and borrowing powers of the fund include, but are not limited to, fixed interest securities, cash and cash equivalents and may be held on an ancillary basis as appropriate.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Kyle Williams31/12/2016
Ben Stapley30/04/2010Ben Stapley, vice president, is a portfolio manager in the J.P. Morgan Asset Management European Equity Group, based in London. An employee since 2002, he previously worked in the product development team within the investment trusts group for five years. He graduated at the University of Nottingham and holds a BA degree in Economics. Ben is a holder of the Investment Management Certificate and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL JPM UK Equity Growth AP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price204.1
Offer price214.8
Mid price-
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG777
FL JPM UK Equity Growth AP 8
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.38%
Bid price204.1
Offer price214.8
Mid price-
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQP20
FL JPM UK Equity Growth AP 9
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price239.7
CurrencyGBX
Price updated22/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAJ61
FL JPM UK Equity Growth AP Inet
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price785.6
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG924
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.