Fact sheet: FL MMkt EP

Fund information
Fund name
FL Money Market EP S2
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund aims to protect capital by investing in deposit investments and similar assets with governments, first class banks and major companies. Although the fund aims to provide a lower risk return, the value can fall.
Benchmark
  • LIBOR LIBID GBP 1w
Investment style
No data available.
Investment method
Certificate of Deposit, Floating Rate Notes, Deposits
Quick stats
1 Year return
-
1 Year rank in sector
103/246
Sector
PN Money Market
Yield
-
Fund size
£79m (£83m 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.
1
Bid price
165.2
Offer price
165.2
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn11.6%
ReAssure HL FxIntPn Stf Pn9.7%
ReAssure HL FxIntPnStf LS Pn9.7%
Phoenix Fixed Int Individual Pn8.5%
Phoenix Prop Old Bldg Society Pn4.7%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • No data available.
  • Time Deposits32.4%
    Commercial Paper30.6%
    Certificates of Deposit14.3%
    UK Gilts11.9%
    Floating Rate Notes10.9%
  • Money Market97.3%
    Global Fixed Interest2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---0.1%-0.4%0.7%
Sector0%0%0.2%0.6%1%1.6%
Rank within sector62 / 24688 / 248157 / 248103 / 24675 / 22870 / 215
Quartile2nd2nd3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%0.1%0.2%0.1%0.1%
Sector0%0.7%0%0.4%0.2%
Rank within sector159 / 24882 / 24169 / 22975 / 22572 / 219
Quartile3rd2nd2nd2nd2nd
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.
0.11
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.
0.02
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%.
0.09
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.
0.28
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.
-0.83
Price movement
52 week high165.3
52 week low165.2
Current bid price165.2
Current offer price165.2
Current mid price-
Region
No data available.
Industry sector
1Time Deposits32.41%
2Commercial Paper30.55%
3Certificates of Deposit14.25%
4UK Gilts11.89%
5Floating Rate Notes10.9%
Asset type
1Money Market97.26%
2Global Fixed Interest2.74%
Individual holdings
1BNP PARIBAS LONDON TD .19% 04 MAY 20179%
2RABOBANK LONDON TD .15% 02 MAY 20176.43%
3CREDIT AGRICOLE SA LDN TD .21% 05 MAY 20174.94%
4QATAR NATL BANK LDN TD .21% 03 MAY 20174.83%
5SOCIETE GENERALE LDN TD .15% 03 MAY 20174.83%
6DANSKE BANK A/S LONDON CD 0% 17 MAY 20174.58%
7SWEDBANK AB ECP 0% 11 AUG 20174.57%
8NATIXIS TD .2% 02 MAY 20174.3%
9DNB BANK ASA ECP 0% 09 JUN 20174.21%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to protect capital by investing in deposit investments and similar assets with governments, first class banks and major companies. Although the fund aims to provide a lower risk return, the value can fall.
Benchmark
  • LIBOR LIBID GBP 1w
Investment style
No data available.
Investment method
Certificate of Deposit, Floating Rate Notes, Deposits
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Money Market EP
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.3%
Bid price537.4
Offer price537.4
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY21
FL Money Market EP Ord Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price531.6
Offer price558.2
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY14
FL Money Market EP PAD 0.50%
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.5%
Bid price379.3
Offer price379.3
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY26
FL Money Market EP S2
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price165.2
Offer price165.2
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWK59
FL Money Market EP S3
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price165.2
Offer price165.2
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW275
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.