Fact sheet: FL Overseas XE

Fund information
Fund name
FL Overseas XE Cap
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • AXA Rosenbergsince 01/01/2003
Underlying fund
FL Overseas AP
Fund objective
The fund aims to achieve long-term growth from a combination of income generation and capital growth. The fund primarily invests in overseas equities and can also invest in convertibles and warrants.
Benchmark
  • ABI Pension: International Funds reweighted after excluding UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.2%
1 Year rank in sector
697/961
Sector
PN Global Equities
Yield
-
Fund size
£1m (£1m 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.
99
Bid price
1377
Offer price
1449.5
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA26.5%
    Others23.2%
    Japan15.1%
    Germany7.9%
    Switzerland7.3%
  • Financials19.4%
    Industrials14.8%
    Consumer Goods14.5%
    Technology11.6%
    Basic Materials8.3%
  • US Equities26.5%
    International Equities23.2%
    Japanese Equities15.1%
    German Equities7.9%
    Swiss Equities7.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%1.9%13.5%15.2%17.5%49.9%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector1030 / 1039712 / 1035734 / 1025697 / 961808 / 848697 / 745
Quartile4th3rd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund16%-1.1%3.1%17.6%9%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector631 / 963836 / 921725 / 849692 / 820621 / 752
Quartile3rd4th4th4th4th
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.
-2.98
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.
1.02
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.
0.36
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%.
10.69
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.
2.99
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.
-0.93
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.
0.92
Price movement
52 week high1460.8
52 week low1061.8
Current bid price1377
Current offer price1449.5
Current mid price-
Region
1USA26.51%
2Others23.17%
3Japan15.07%
4Germany7.89%
5Switzerland7.32%
6France7.05%
7Australia4.06%
8Spain3.31%
9Money Market2.86%
Industry sector
1Financials19.45%
2Industrials14.77%
3Consumer Goods14.53%
4Technology11.63%
5Basic Materials8.35%
6Health Care8.2%
7Others7.91%
8Consumer Services7.51%
9Telecommunications4.8%
Asset type
1US Equities26.51%
2International Equities23.17%
3Japanese Equities15.07%
4German Equities7.89%
5Swiss Equities7.32%
6French Equities7.05%
7Australian Equities4.06%
8Spanish Equities3.31%
9Money Market2.86%
Individual holdings
1NESTLE SA2.33%
2ROCHE HLDG AG1.93%
3BASF SE1.44%
4SIEMENS AG1.42%
5BANCO BILBAO VIZCAYA ARGENTARIA SA1.21%
6UNILEVER1.21%
7ALLIANZ SE1.13%
8ALPHABET INC1.1%
9ENEL SPA0.97%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term growth from a combination of income generation and capital growth. The fund primarily invests in overseas equities and can also invest in convertibles and warrants.
Benchmark
  • ABI Pension: International Funds reweighted after excluding UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
AXA Rosenberg01/01/2003”AXA Rosenberg is an active equity manager. We combine fundamental knowledge with technology to analyze more companies than traditional managers. There are three basic steps to our investment process: - Collect data on over 17,500 companies worldwide. Analyze this data to identify stocks that the market is currently undervaluing. - Build a portfolio with the best combination of undervalued stocks.”
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Overseas XE 2 Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price350.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAMN5
FL Overseas XE Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1377
Offer price1449.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQP06
Data provided by

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