Fact sheet: FL L&G EthicalUKEqIdx XE/IE Pn

Fund information
Fund name
FL L&G Ethical UK Equity Index XE/IE Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • LGIM Index Fund Management Teamsince 28/10/2003
No data available.
Fund objective
Legal & General states the fund aims to track the total return of the FTSE4Good UK Equity Index to within plus or minus 0.5% per year for two years in three. The fund invests in UK securities, which form part of FTSE4Good UK Equity Index. It aims to be fully invested at all times and might use stock index futures for efficient portfolio management.
Benchmark
  • FTSE4Good UK Benchmark
Investment style
Passive/Tracking
Investment method
No data available.
Quick stats
1 Year return
13.2%
1 Year rank in sector
170/845
Sector
PN UK All Companies
Yield
-
Fund size
£0m (£0m last year)
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%0.6%10.2%13.2%--
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector321 / 867343 / 864196 / 863170 / 845--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11.7%----
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector188 / 845----
Quartile1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high1.15
52 week low0.89
Current bid price-
Current offer price-
Current mid price1.13
Region
1UK100%
Industry sector
1Financials23.5%
2Consumer Goods14.4%
3Health Care13.1%
4Consumer Services12.5%
5Oil & Gas9.9%
6Industrials8%
7Basic Materials6.4%
8Telecommunications5.8%
9Utilities5.4%
Asset type
No data available.
Individual holdings
1ROYAL DUTCH SHELL9.7%
2HSBC HLDGS7.1%
3GLAXOSMITHKLINE5%
4ASTRAZENECA PLC3.9%
5VODAFONE GROUP3.7%
6DIAGEO3.5%
7RECKITT BENCKISER GROUP PLC2.8%
8SHIRE PLC2.8%
9SABMILLER2.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Legal & General states the fund aims to track the total return of the FTSE4Good UK Equity Index to within plus or minus 0.5% per year for two years in three. The fund invests in UK securities, which form part of FTSE4Good UK Equity Index. It aims to be fully invested at all times and might use stock index futures for efficient portfolio management.
Benchmark
  • FTSE4Good UK Benchmark
Investment style
Passive/Tracking
Investment method
No data available.
Fund manager
NameSinceBiography
LGIM Index Fund Management Team28/10/2003The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL L&G Ethical UK Equity Index XE/IE Pn
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 price1.1288
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK80E
FL L&G Ethical UK Equity Index XE/IE Pn Inet
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price111.5
Offer price111.5
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK7YA
Data provided by

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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.