Fact sheet: FL Managed ex Bal Mixed Pn

Fund information
Fund name
FL Managed (ex Balanced Mixed) Pn Q Cap
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
To provide exposure to a diversified portfolio of assets in order to produce capital growth and income. It will mainly be invested in equities and bonds. It may also invest in warrants, convertibles, money market instruments, cash and near cash assets such as deposits and certificates of deposit, commodities, private equity, hedge funds, derivatives, other alternative asset classes, and property. The fund may invest directly or indirectly. Any direct investment in derivatives will be for the purpose of efficient portfolio management and risk reduction.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
6.1%
1 Year rank in sector
749/796
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£5,436m
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.
56
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-0.7%6.1%6.1%9.2%25.4%
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector257 / 913671 / 912758 / 894749 / 796661 / 692568 / 595
Quartile2nd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.5%-2.7%3.3%10.3%6.5%
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector735 / 800735 / 753590 / 692579 / 661542 / 596
Quartile4th4th4th4th4th
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.
-4.09
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.
1.01
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
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%.
7.31
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.
1.46
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.
-2.76
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 high637.2
52 week low546.8
Current bid price-
Current offer price-
Current mid price623.9
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1FPP INTERNATIONAL SY UNITS25.36%
2FPP EQUITY SY UNITS14.78%
3FPP FIXED INTEREST SY UNITS10.38%
4FLF BALANCED PN A INC7.76%
5F&C GLOBAL BOND 4 GR INC4.89%
6HSBC UK CAPITAL4.34%
7FLF US LARGE CAP EQUITY PN A INC2.82%
8DIVERSIFIED GROWTH X HEDGED GBP1.52%
9BLACKROCK ICS INSTITUTIONAL STERLING LIQUIDITY AGENCY1.29%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
To provide exposure to a diversified portfolio of assets in order to produce capital growth and income. It will mainly be invested in equities and bonds. It may also invest in warrants, convertibles, money market instruments, cash and near cash assets such as deposits and certificates of deposit, commodities, private equity, hedge funds, derivatives, other alternative asset classes, and property. The fund may invest directly or indirectly. Any direct investment in derivatives will be for the purpose of efficient portfolio management and risk reduction.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Managed (ex Balanced Mixed) Pn O Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1640.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLR19
FL Managed (ex Balanced Mixed) Pn Q Cap
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price623.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLR20
Data provided by

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