Fact sheet: FL My Fut Plu Drdwn Pn

Fund information
Fund name
FL My Future Plus Drawdown Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund aims at a target of 8% average annualised volatility (a measure of risk associated with the fund’s price over time) over a full market cycle (which includes one complete uptrend and one complete downtrend) by providing exposure to a diversified portfolio of assets to produce capital growth. No assurance can be made that this target will be met. It will predominantly invest in UK and overseas equities, including emerging markets equities, and UK Government and corporate bonds. It may also invest in overseas government and corporate bonds, including emerging market bonds, UK property, commodities, money market instruments and cash. The fund will invest indirectly mainly through passively managed underlying funds. The fund factsheet shows the underlying fund(s) and associated weightings. The benchmark of the fund is MSCI World TR GBP 40%, FTSE UK Conventional Gilts All Stocks 60%.
Benchmark
  • FL 50% MSCI World TR GBP, 50% FTSE UK Conventional Gilts All Stocks
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.5%
1 Year rank in sector
21/174
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.
56
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-2.3%-0.7%10.9%12.5%--
Sector-2%-6.9%5.4%9%23.1%33.1%
Rank within sector157 / 17812 / 1777 / 17721 / 174--
Quartile4th1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund13.9%----
Sector10.6%-1.2%13.9%-1.7%6.6%
Rank within sector26 / 175----
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 high110.4
52 week low89.8
Current bid price-
Current offer price-
Current mid price106.8
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1XP BlackRock UK Equi26.31%
2XP BlackRock Wld (Ex21.85%
3BGI All Stk UK Gilt20.05%
4FL LGIM Commodity Composite7.88%
5XP BlackRock 5Y+ Ind6.79%
6XP BGI Corp Bd All6.06%
7FL LGIM Emerging Market Local Currency Govt Bond5.21%
8FL LGIM High Yield Bond5.01%
9XP Blk Emerging Mkt0.84%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims at a target of 8% average annualised volatility (a measure of risk associated with the fund’s price over time) over a full market cycle (which includes one complete uptrend and one complete downtrend) by providing exposure to a diversified portfolio of assets to produce capital growth. No assurance can be made that this target will be met. It will predominantly invest in UK and overseas equities, including emerging markets equities, and UK Government and corporate bonds. It may also invest in overseas government and corporate bonds, including emerging market bonds, UK property, commodities, money market instruments and cash. The fund will invest indirectly mainly through passively managed underlying funds. The fund factsheet shows the underlying fund(s) and associated weightings. The benchmark of the fund is MSCI World TR GBP 40%, FTSE UK Conventional Gilts All Stocks 60%.
Benchmark
  • FL 50% MSCI World TR GBP, 50% FTSE UK Conventional Gilts All Stocks
Investment style
No data available.
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 My Future Plus Drawdown 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 price106.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM11K
FL My Future Plus Drawdown Pn Inet
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price105.76
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM11L
Data provided by

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