Fact sheet: FL LIP Bond Pn

Fund information
Fund name
FL LIP Bond Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund seeks to reduce the impact of changes in interest rates and inflation expectations on the amount of pension income the fund can buy. The fund aims to achieve this by investing in funds that invest in a range of fixed interest and index-linked government bonds and corporate bonds. The underlying fund(s) are selected and reviewed by the scheme investment advisor. The underlying fund(s) may change. Details of the underlying fund(s) can be found on the fund fact sheet. The fund does not provide any guarantee of the level of pension in retirement or the cost of buying that pension. The benchmark of the fund is 34% iBoxx £ Non-Gilts Index, 33% FTSE UK Gilts Over 15 Years Index, 33% FTSE UK Index-Linked Gilts Over 5 Years Index.
Benchmark
  • FL 34% iBoxx £ Non Glts,33% FTSE UK Glts Over 15Yrs,33% FTSE UK IL Glts Over 5Yr
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
14.4%
1 Year rank in sector
15/174
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£34m (£30m 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
OMW IPL F&C Sht Pr Rl Dn LDI Pn48.7%
OMW IPL F&C Nominal Dyn LDI Pn41.5%
OMW IPL F&C Real Dynamic LDI Pn38.5%
OMW IPL LGIM 2055IdxLkdGltPn24.7%
OMW IPL LGIMOvr15Yr I LGltPn23.8%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-7.8%7.7%14.4%39.3%50.9%
Sector-1.9%-6.2%4.5%9.2%24.6%33.3%
Rank within sector167 / 177145 / 17818 / 17615 / 17413 / 14112 / 126
Quartile4th4th1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund17.1%0.5%18.9%-1.3%5.6%
Sector11.1%-1.2%13.9%-1.7%6.6%
Rank within sector14 / 17433 / 15213 / 14137 / 13580 / 126
Quartile1st1st1st2nd3rd
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.
1.37
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.
1.33
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.
0.76
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%.
10.03
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.
3.04
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.
1.19
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.
0.97
Price movement
52 week high192.1
52 week low150.7
Current bid price-
Current offer price-
Current mid price176.4
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1XP BlackRock 5Y+ Ind34.32%
2XP M&G Corp Bond33.49%
3XP BlackRock 15Y+Glt32.18%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
This fund seeks to reduce the impact of changes in interest rates and inflation expectations on the amount of pension income the fund can buy. The fund aims to achieve this by investing in funds that invest in a range of fixed interest and index-linked government bonds and corporate bonds. The underlying fund(s) are selected and reviewed by the scheme investment advisor. The underlying fund(s) may change. Details of the underlying fund(s) can be found on the fund fact sheet. The fund does not provide any guarantee of the level of pension in retirement or the cost of buying that pension. The benchmark of the fund is 34% iBoxx £ Non-Gilts Index, 33% FTSE UK Gilts Over 15 Years Index, 33% FTSE UK Index-Linked Gilts Over 5 Years Index.
Benchmark
  • FL 34% iBoxx £ Non Glts,33% FTSE UK Glts Over 15Yrs,33% FTSE UK IL Glts Over 5Yr
Investment style
No data available.
Investment method
None
Fund manager
No data available.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL LIP Bond 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 price176.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4M9
FL LIP Bond Pn Inet
Initial charge-
Annual charge0.22%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price172.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4N0
Data provided by

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