Fact sheet: FL Sarasin IE GlobalSarDyn AP

Fund information
Fund name
FL Sarasin IE GlobalSar - Dynamic AP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Aram Comptonsince 31/10/2013
  • David Palmersince 15/11/2013
Underlying fund
Sarasin IE GlblSar Dyn £
Fund objective
Sarasin state that the objective of the fund is to achieve long-term capital growth and income generation with a lower risk profile than pure stock market alternatives by investment on a global basis. The policy of the fund is to invest in a broadly diversified portfolio of stocks, bonds and currencies. The fund will invest in the shares of companies listed and traded on regulated markets on a global basis. The fund may also invest in fixed and floating rate, government and corporate bonds as well as convertible bonds or warrants. Such debt securities will normally have a minimum credit rating of BBB as rated by Standard & Poor’s, Moody’s or an equivalent credit rating agency. The fund may also take positions in a range of global currencies. The fund may use derivatives for investment purposes and/or efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
None
Investment method
No data available.
Quick stats
1 Year return
7.3%
1 Year rank in sector
604/794
Sector
PN Mixed Investment 40%-85% Shares
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.
58
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn21.5%
FL My Ftr Adv Gth XE/IE Pn20.2%
FL My Ftr Advantage Gth Pn19.9%
OMW S&W Millbank East River19.5%
Scot Eq Ext Bal Coll (ex MLC) Pn18.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • North America33.1%
    UK31.1%
    Europe ex UK14.9%
    Global Emerging Markets7.4%
    International5.1%
  • Financials19.2%
    Consumer Discretionary16%
    Information Technology14.5%
    Miscellaneous9.9%
    Materials9.4%
  • Equities63.3%
    Global Fixed Interest23.7%
    Alternative Investment Strategies11.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-1.4%7%7.3%24.7%63.1%
Sector-2.3%-0.8%8.2%9.1%19.7%47.8%
Rank within sector221 / 913680 / 912650 / 894604 / 794102 / 69250 / 595
Quartile1st3rd3rd4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund9%3.3%10.1%14.9%13.6%
Sector10%2.2%5.7%13.1%9.9%
Rank within sector533 / 800203 / 75320 / 692267 / 66133 / 596
Quartile3rd2nd1st2nd1st
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.
1.03
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.
1.05
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.
0.56
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%.
7.8
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.
2.34
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.
0.55
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.
0.91
Price movement
52 week high402.2
52 week low326.2
Current bid price-
Current offer price-
Current mid price388.6
Region
1North America33.1%
2UK31.1%
3Europe ex UK14.9%
4Global Emerging Markets7.4%
5International5.1%
6Japan3.9%
7Pacific ex-Japan3.6%
8Middle East/ Africa0.9%
Industry sector
1Financials19.2%
2Consumer Discretionary16%
3Information Technology14.5%
4Miscellaneous9.9%
5Materials9.4%
6Consumer Staples8.9%
7Industrials7.5%
8Health Care6.5%
9Energy4.1%
Asset type
1Equities63.3%
2Global Fixed Interest23.7%
3Alternative Investment Strategies11.4%
4Money Market1.6%
Individual holdings
1TREASURY 3.5% GILT 22/01/45 GBP3.4%
2AIA GROUP LTD2.2%
3EASTSPRING JAPAN DY-RG GBP2.1%
4ALPHABET INC1.9%
5FINDLAY PARK LATIN AMER-INC1.9%
6NISSAN MOTOR CO1.9%
7JPMORGAN CHASE & CO1.8%
8BP1.7%
9CARMAX INC1.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Sarasin state that the objective of the fund is to achieve long-term capital growth and income generation with a lower risk profile than pure stock market alternatives by investment on a global basis. The policy of the fund is to invest in a broadly diversified portfolio of stocks, bonds and currencies. The fund will invest in the shares of companies listed and traded on regulated markets on a global basis. The fund may also invest in fixed and floating rate, government and corporate bonds as well as convertible bonds or warrants. Such debt securities will normally have a minimum credit rating of BBB as rated by Standard & Poor’s, Moody’s or an equivalent credit rating agency. The fund may also take positions in a range of global currencies. The fund may use derivatives for investment purposes and/or efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
None
Investment method
No data available.
Fund managers
NameSinceBiography
Aram Compton31/10/2013Aram joined Sarasin & Partners in 2007 as a Risk Analyst before moving to his current role in 2010. He works as a fund manager within the multi-asset team running a selection of target-return segregated accounts and a number of the GlobalSar funds. Aram also sits on the Investment Policy Committee focusing on asset allocation and derivative research. His previous experience includes equity-linked origination at ABN Amro Rothschild, and sell-side research at Jefferies International.
David Palmer15/11/2013David has 25 years of investment experience, and joined Sarasin & Partners in November 2000. He is the Investment Manager for the Sarasin IE GlobalSar Income and Dynamic Funds, and a number of portfolios for private clients. Prior to joining the firm, much of his career was spent with the Royal Bank of Canada where he started as an credit analyst before becoming a director of its investment bank subsidiary, which included working in Japan. He also worked with the Birmingham based stockbrokers Albert E Sharp.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Sarasin IE GlobalSar - Dynamic AP
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 price388.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEY56
FL Sarasin IE GlobalSar - Dynamic AP Inet
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price364.7
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEM87
Data provided by

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