Fact sheet: FL Life Plan Pre-Rtmt Pn

Fund information
Fund name
FL Life Plan Pre-Retirement Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund is designed for members approaching retirement and considering annuity purchase. It aims to reduce the impact of changes in interest rates on the value of pension income the fund can purchase. It does this by investing in underlying funds to provide a portfolio of mainly UK Government fixed income securities (gilts) that have a maturity of 15 years or longer and investment grade corporate bonds denominated in Sterling. The underlying fund(s) may change. Details of the underlying fund(s) can be found on the fund fact sheet. The fund(s) this fund invests in are selected by the scheme investment adviser. The benchmark of the fund is 50% FTSE UK Gilts Over 15 Years Index, 50% iBoxx Sterling Non-Gilts Index.
Benchmark
  • FL 50% FTSE UK Gilts Over 15 Years Index, 50% iBoxx Sterling Non-Gilts Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
10.2%
1 Year rank in sector
32/174
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£0m (£0m 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.
72
Top in this sector
Fund name1 Year
OMW IPL F&C Real Dynamic LDI Pn49.9%
OMW IPL F&C Sht Pr Rl Dn LDI Pn48.1%
OMW IPL F&C Nominal Dyn LDI Pn33.4%
OMW IPL LGIM 2055IdxLkdGltPn27.3%
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-1.9%-9.1%4.7%10.2%31.9%43.3%
Sector-2%-6.9%5.4%9%23.1%33.1%
Rank within sector143 / 178159 / 17734 / 17732 / 17420 / 14227 / 127
Quartile4th4th1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund12.3%0.5%18.4%-2.6%7.6%
Sector10.6%-1.2%13.9%-1.7%6.6%
Rank within sector31 / 17540 / 15318 / 14278 / 13653 / 127
Quartile1st2nd1st3rd2nd
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.
0.2
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.
1.27
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.
0.64
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%.
9.48
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.
2.68
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.
0.76
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.
0.96
Price movement
52 week high183.7
52 week low147.1
Current bid price-
Current offer price-
Current mid price165.2
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1XP BGI Corp Bd All50.63%
2XP BlackRock 15Y+Glt49.37%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
This fund is designed for members approaching retirement and considering annuity purchase. It aims to reduce the impact of changes in interest rates on the value of pension income the fund can purchase. It does this by investing in underlying funds to provide a portfolio of mainly UK Government fixed income securities (gilts) that have a maturity of 15 years or longer and investment grade corporate bonds denominated in Sterling. The underlying fund(s) may change. Details of the underlying fund(s) can be found on the fund fact sheet. The fund(s) this fund invests in are selected by the scheme investment adviser. The benchmark of the fund is 50% FTSE UK Gilts Over 15 Years Index, 50% iBoxx Sterling Non-Gilts Index.
Benchmark
  • FL 50% FTSE UK Gilts Over 15 Years Index, 50% iBoxx Sterling Non-Gilts Index
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 Life Plan Pre-Retirement 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 price165.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4M1
FL Life Plan Pre-Retirement Pn Inet
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price161.78
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4M2
Data provided by

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