Fact sheet: FL Property NGP

Fund information
Fund name
FL Property NGP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Ian McBrydesince 31/12/2002
No data available.
Fund objective
The fund aims to generate capital growth and income by investing mainly in UK commercial property. The fund may also invest in UK listed property equities, including real estate investment trusts, shares issued by companies that own, develop or manage direct property and property index certificates. The fund may also invest in money market instruments, short-term bonds, derivatives and in other direct property funds.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
1.6%
1 Year rank in sector
48/159
Sector
PN UK Direct Property
Yield
-
Fund size
£492m (£515m 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.
18
Top in this sector
Fund name1 Year
Guardian Property Pn15.2%
Guardian Choices Property Pn15.2%
Zurich L&G Property Pn8.1%
OMW IPL Aviva Lm Prp Pn7.4%
FL Property AP5.9%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • No data available.
  • Offices - Property40.7%
    Warehouse - Property20.7%
    Industrials14.3%
    Shop - Property10.7%
    Money Market9%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%1.9%-0.8%1.6%34.5%52.3%
Sector0.7%2.5%-2.4%-1.4%24.6%33.2%
Rank within sector20 / 16197 / 16043 / 15948 / 15924 / 15411 / 149
Quartile1st3rd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.4%12.7%16.1%11.8%3.1%
Sector-1.7%9.7%14.3%6.9%1%
Rank within sector46 / 15928 / 15843 / 15414 / 15225 / 149
Quartile2nd1st2nd1st1st
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.
5.03
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.
0.67
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.
2.21
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%.
3.11
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.
2.38
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.
1.01
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.
0.54
Price movement
52 week high342.1
52 week low330.1
Current bid price-
Current offer price-
Current mid price339.1
Region
No data available.
Industry sector
1Offices - Property40.7%
2Warehouse - Property20.7%
3Industrials14.3%
4Shop - Property10.7%
5Money Market9%
6Property Shares4.6%
Asset type
No data available.
Individual holdings
1LONDON EC3, FORUM HOUSE, 15/18 LIME STREET5.03%
2LONDON EC3, 140 LEADENHALL STREET4.99%
3BURTON ON TRENT, 5/12 MIDDLEWAY RETAIL PARK3.99%
4LONDON W1, 127/133 WARDOUR STREET3.6%
5LONDON EC2, AUGUSTINE HOUSE, 6A AUSTIN FRIARS3.52%
6LONDON WC1, BLOOMSBURY PLAZA3.18%
7GLASGOW, 200 BROOMIELAW2.87%
8HAYWARDS HEATH, THE ORCHARD SHOPPING CENTRE2.75%
9TAUNTON, COUNTY WALK2.75%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to generate capital growth and income by investing mainly in UK commercial property. The fund may also invest in UK listed property equities, including real estate investment trusts, shares issued by companies that own, develop or manage direct property and property index certificates. The fund may also invest in money market instruments, short-term bonds, derivatives and in other direct property funds.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Fund manager
NameSinceBiography
Ian McBryde31/12/2002Ian McBryde, FRICS, is a Director and Fund Manager. He is currently a pension fund trustee and a parish councillor. He has worked in property investment and management on life, pensions and segregated funds and has direct responsibility for portfolios totalling over £1.5 billion. Ian has been involved with the Surrey Branch of the RICS and served as Branch Chairman and was previously an external examiner for surveying courses at Kingston University. Prior to joining F&C in 1992, Ian worked in private practice and the public sector gaining experience in residential and commercial property management for private and institutional clients. Ian graduated from Kingston Polytechnic in 1976 and is a member of the Investment Property Forum.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Property NGP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price339.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLM74
FL Property NGP Inet
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price284.95
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOQ41
Data provided by

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