Fact sheet: FL Premier Ethical EP

Fund information
Fund name
FL Premier Ethical EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Chris Wrightsince 23/11/2009
Underlying fund
Premier Ethical
Fund objective
Premier state that the fund aims to achieve capital growth over the long term. The fund will mainly invest in the shares of UK companies whose business is based on ethical, or socially responsible, principles, both in the UK and overseas. The fund will actively invest in companies which benefit the community or the environment whilst avoiding those with any significant involvement in gambling, the arms trade or other activities considered to have an adverse overall effect on health, the environment or human dignity. The fund is actively managed which means that the fund manager will choose the investments, currencies and markets held in the fund but always within the boundaries outlined in the fund’s objective and policy. Derivatives may be used for investment purposes as well as for efficient portfolio management.
Benchmark
  • FTSE4Good UK Benchmark
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.3%
1 Year rank in sector
721/845
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£3m 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.
107
Bid price
337.2
Offer price
337.2
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn71.5%
Fidelity UBS UK Select Pn45.1%
Halifax IM UK Growth Pn44.9%
CM UBS UK Opportunities Pension44.6%
SW UBS UK Opps Pn44%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK94.2%
    Money Market5.8%
  • Financials34.1%
    Industrials23.2%
    Consumer Discretionary16.1%
    Information Technology12%
    Materials6.9%
  • UK Equities94.2%
    Money Market5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%3.2%16%11.3%21.9%106%
Sector3.9%4.5%11%20.2%16.3%65.4%
Rank within sector841 / 869610 / 865119 / 863721 / 845177 / 80833 / 762
Quartile4th3rd1st4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.9%3.6%13.7%5.7%36.8%
Sector2.4%10.2%4.4%0.6%24.2%
Rank within sector816 / 869703 / 84536 / 832105 / 80762 / 786
Quartile4th4th1st1st1st
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.
2.27
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.
1.1
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.
0.32
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%.
12.81
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.
6.92
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.
0.36
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.
0.72
Price movement
52 week high339.4
52 week low271.4
Current bid price337.2
Current offer price337.2
Current mid price-
Region
1UK94.2%
2Money Market5.8%
Industry sector
1Financials34.1%
2Industrials23.2%
3Consumer Discretionary16.1%
4Information Technology12%
5Materials6.9%
6Money Market5.8%
7Energy1.4%
8Health Care0.5%
Asset type
1UK Equities94.2%
2Money Market5.8%
Individual holdings
1HSBC HLDGS5%
2PRUDENTIAL PLC4.6%
3ASHTEAD GROUP4.5%
4REGUS PLC3.2%
5BERKLEY(W.R.)CORP3%
6VIRGIN MONEY3%
7KIER GROUP ORD GBP0.012.9%
8JRP GROUP PLC2.8%
9ONESAVINGS BANK PLC2.8%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Premier state that the fund aims to achieve capital growth over the long term. The fund will mainly invest in the shares of UK companies whose business is based on ethical, or socially responsible, principles, both in the UK and overseas. The fund will actively invest in companies which benefit the community or the environment whilst avoiding those with any significant involvement in gambling, the arms trade or other activities considered to have an adverse overall effect on health, the environment or human dignity. The fund is actively managed which means that the fund manager will choose the investments, currencies and markets held in the fund but always within the boundaries outlined in the fund’s objective and policy. Derivatives may be used for investment purposes as well as for efficient portfolio management.
Benchmark
  • FTSE4Good UK Benchmark
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Chris Wright23/11/2009Chris Wright joined Premier Asset Management in 2008 and is the fund manager of the Premier Optimum Income Fund and Premier Ethical Fund. He joined Premier from Thames River Capital. He has over 30 years of investment experience and is a member of the UK Society of Investment Professionals
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Premier Ethical EP
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price337.2
Offer price337.2
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY51
Data provided by

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