Fact sheet: FL Jupiter Merlin Gth AP

Fund information
Fund name
FL Jupiter Merlin Growth AP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Amanda Sillarssince 09/05/2011
  • John Chatfeild-Robertssince 30/04/1997
  • David Lewissince 09/05/2011
  • Algy Smith-Maxwellsince 30/09/1999
Underlying fund
Jupiter Merlin Growth Ptfl
Fund objective
Jupiter state that the fund aims to achieve long-term capital growth. The fund invests predominantly in unit trusts, OEICs, exchange traded funds and other collective investment schemes across several management groups. The underlying funds invest in international equities, fixed interest securities, commodities and property, with a core in the UK.
Benchmark
  • IA Flexible Investment
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
24.4%
1 Year rank in sector
146/398
Sector
PN Flexible Investment
Yield
-
Fund size
£11m (£9m 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.
78
Top in this sector
Fund name1 Year
Baillie Gifford International PP42.6%
Scot Eq UBS Stockmkt Mgd Pn38.2%
OMW IPL F&CUK EqLkd GiltPn38%
Aviva Variable Annuity CU Pn36.8%
FL Spicers Adventurous Pn35.6%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • USA30.8%
    UK30.1%
    International23.5%
    Japan5.9%
    Others4.4%
  • Financials13.4%
    Health Care12.8%
    Technology8.9%
    Industrials8.5%
    Money Market8.4%
  • US Equities30.8%
    UK Equities30.1%
    International Equities23.5%
    Japanese Equities5.9%
    Others4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%0.8%6.9%24.4%42.3%82.6%
Sector1.3%1.6%6.8%17.9%28.4%63.8%
Rank within sector174 / 444340 / 443266 / 421146 / 39820 / 31691 / 260
Quartile2nd4th3rd2nd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.2%17%6.8%8.2%19.1%
Sector3.7%14.2%2.5%6.7%14.8%
Rank within sector226 / 424151 / 38437 / 32987 / 306103 / 267
Quartile3rd2nd1st2nd2nd
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.
1.22
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.
1.26
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.
0.99
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%.
8.89
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.
3.16
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.
1.05
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 high534.5
52 week low422
Current bid price-
Current offer price-
Current mid price526.4
Region
1USA30.79%
2UK30.08%
3International23.53%
4Japan5.92%
5Others4.43%
6Europe4.41%
7Money Market0.84%
Industry sector
1Financials13.37%
2Health Care12.78%
3Technology8.92%
4Industrials8.5%
5Money Market8.4%
6Consumer Staples6.31%
7Consumer Services5.21%
8Gold4.47%
9Consumer Discretionary4.24%
Asset type
1US Equities30.79%
2UK Equities30.08%
3International Equities23.53%
4Japanese Equities5.92%
5Others4.43%
6European Equities4.41%
7Money Market0.84%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Jupiter state that the fund aims to achieve long-term capital growth. The fund invests predominantly in unit trusts, OEICs, exchange traded funds and other collective investment schemes across several management groups. The underlying funds invest in international equities, fixed interest securities, commodities and property, with a core in the UK.
Benchmark
  • IA Flexible Investment
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Amanda Sillars09/05/2011Amanda Sillars joined Jupiter in 2011 and is currently a fund manager in the Jupiter Independent Funds Team, which is responsible for managing the Jupiter Merlin Portfolios. Before joining Jupiter, Amanda spent five years at JP Morgan Asset Management as investment director and executive director. Amanda also led the Corporate Governance team for Emerging Markets, Europe and Asia (EMEA). Prior to this, Amanda spent ten years at JP Morgan Private Bank and Flemings, as a fund analyst and vice president. Amanda is a Fellow of the Chartered Institute for Securities & Investments (1999) and a Fellow of the US Securities Exchange Commission Series 7 and Series 3. She has also gained an Award in Pensions (DB & DC) Management Trustee Exam (2008).
John Chatfeild-Roberts30/04/1997John joined Jupiter in 2001 and is currently Head of Strategy, Independent Funds. During his time at Jupiter John has established the award-winning Jupiter Independent Funds Team, which continues to manage the Jupiter Merlin Portfolios. John was appointed as Jupiter’s Chief Investment Officer in 2010. He stood down from this role in September 2015 to focus on running the portfolios. John is also a Director of Jupiter Fund Management PLC. John started his fund management career at Henderson's and also worked at Lazard Asset Management. He is a Fellow of the Chartered Institute for Securities and Investment.
David Lewis09/05/2011David joined Jupiter in 2008, initially in the Private Client & Charities Team as a portfolio assistant then as an assistant fund manager from February 2010. In May 2011 David joined the Jupiter Independent Funds Team, which is responsible for managing the Jupiter Merlin Portfolios. Before joining Jupiter, David worked at IFA Bestinvest as an assistant investment manager within its Discretionary Investment Management department. David is a Chartered Member of the Chartered Institute for Securities & Investments and is a CFA charterholder.
Algy Smith-Maxwell30/09/1999Algy Smith-Maxwell joined Jupiter in 2001 and is currently a fund manager in the Jupiter Independent Funds Team, which is responsible for managing the Jupiter Merlin Portfolios. Before joining Jupiter, Algy started his career in 1995 as a fund analyst for Henderson's before becoming a fund manager for Lazard Asset Management in 1999.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Jupiter Merlin Growth AP
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price526.4
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEX23
FL Jupiter Merlin Growth AP Inet
Initial charge-
Annual charge1.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.79%
Bid price-
Offer price-
Mid price482.6
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEM46
Data provided by

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