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
  • David Palmersince 15/11/2013
  • Aram Comptonsince 31/10/2013
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
24.2%
1 Year rank in sector
385/869
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 Pn40.5%
Scot Eq Ext Bal Coll (ex MLC) Pn39.4%
Scot Eq Sequel Adventurous Pn38.8%
Scot Eq Sequel Adven Jrny Pn38.8%
FL My Ftr Advantage Gth Pn37.7%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • North America31.3%
    UK31.2%
    Europe ex UK14.9%
    Global Emerging Markets7.8%
    International6.6%
  • Financials20.9%
    Consumer Discretionary15.5%
    Information Technology12.2%
    Health Care9.6%
    Miscellaneous9.6%
  • Equities61.9%
    Global Fixed Interest22.8%
    Alternative Investment Strategies13%
    Money Market1.5%
    Property0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%6.7%5.5%24.2%32.3%64.9%
Sector0.3%5.5%4%22%26.6%48.7%
Rank within sector46 / 922157 / 911321 / 910385 / 869128 / 70546 / 608
Quartile1st1st2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.5%12.7%3.3%10.1%14.9%
Sector2.1%14.3%2.2%5.7%13.1%
Rank within sector67 / 911565 / 800203 / 75320 / 694269 / 663
Quartile1st3rd2nd1st2nd
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.
1.25
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.
1.04
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.
0.79
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%.
7.76
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.
2.4
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.
0.63
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.
0.9
Price movement
52 week high415.9
52 week low336.7
Current bid price-
Current offer price-
Current mid price415.9
Region
1North America31.3%
2UK31.2%
3Europe ex UK14.9%
4Global Emerging Markets7.8%
5International6.6%
6Japan4.1%
7Pacific ex-Japan3.3%
8Middle East/ Africa0.8%
Industry sector
1Financials20.9%
2Consumer Discretionary15.5%
3Information Technology12.2%
4Health Care9.6%
5Miscellaneous9.6%
6Materials8.7%
7Consumer Staples8.6%
8Industrials8.5%
9Energy4.3%
Asset type
1Equities61.9%
2Global Fixed Interest22.8%
3Alternative Investment Strategies13%
4Money Market1.5%
5Property0.8%
Individual holdings
1TREASURY 3.5% GILT 22/01/45 GBP3.2%
2TREASURY 4.75% GILT 07/12/30 GBP2.4%
3CARMAX INC2.1%
4EASTSPRING JAPAN DY-RG GBP2.1%
5JPMORGAN CHASE & CO2.1%
6AIA GROUP LTD2%
7ALPHABET INC1.9%
8SOURCE PHYSICAL GOLD USD1.8%
9SOURCE PHYSICAL GOLD USD1.8%
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
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.
Aram Compton31/10/2013Aram Compton joined Sarasin & Partners in August 2007. He runs a selection of global multi-asset portfolios for institutional and retail clients, including the GlobalSar range, Sarasin’s flagship multi-asset product. Aram is a member of the firm’s Investment Policy Committee, which forms the firm’s asset allocation views, and he also invests in direct equities and bonds on a bottom up basis. He graduated from the ICMA Centre at Henley Business School with a BSc in International Securities, Investment and Banking and is a Chartered Financial Analyst.
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 price415.9
CurrencyGBX
Price updated17/02/2017
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 price389.7
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEM87
Data provided by

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