Fact sheet: FL Schdr Gbl Ctis Rel Est EP

Fund information
Fund name
FL Schroder Global Cities Real Estate EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Tom Walkersince 15/08/2014
  • Hugo Machinsince 15/08/2014
Underlying fund
Schroder Gbl Cit Rel Est
Fund objective
To provide income and capital growth by investing in equity and equity related securities of real estate companies worldwide. It invests at least 80% of its assets in equity and equity related securities of real estate companies worldwide which generate the majority of their earnings from real estate investment related activities. The Fund seeks exposure to companies that invest in cities that the manager believes will exhibit continued economic growth, supported by factors such as strong infrastructure and supportive planning regimes. Derivatives may be used for efficient portfolio management.
Benchmark
  • FTSE EPRA/NAREIT Developed
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
15.2%
1 Year rank in sector
29/59
Sector
PN Global Property
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.
110
Bid price
174.1
Offer price
174.1
Top in this sector
Fund name1 Year
OMW Aviva Asia Pacific Prp34.3%
LV= Sch Gbl Rel Est Sec Inc Pn19.8%
LV= Fidelity Global Property Pn18.4%
FL L&G PMCGblRelEstEqIdx Pn18.1%
FL Fidelity Global Property AP18.1%
...more in PN Global Property

Performance snapshot

Holdings snapshot

  • USA54.3%
    Japan10.1%
    Hong Kong & China7.5%
    UK7.1%
    Australia6%
  • Real Estate96.3%
    Money Market3.3%
    Information Technology0.4%
    Derivatives0%
  • Property Shares96.7%
    Money Market3.3%
    Alternative Investment Strategies0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1.8%0.8%15.2%44.6%63.6%
Sector0.6%2.1%1.1%11.1%38.5%57.7%
Rank within sector29 / 6335 / 6220 / 6029 / 5924 / 5624 / 52
Quartile2nd3rd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.7%19.5%4.6%18.8%-0.8%
Sector1.7%13.8%5.5%17.6%2%
Rank within sector42 / 6221 / 5924 / 5830 / 5538 / 55
Quartile3rd2nd2nd3rd3rd
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.
-3.91
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.
1.5
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.
0.73
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%.
13.57
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.
5.36
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.
0.25
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.
0.95
Price movement
52 week high179.1
52 week low147.1
Current bid price174.1
Current offer price174.1
Current mid price-
Region
1USA54.34%
2Japan10.08%
3Hong Kong & China7.5%
4UK7.1%
5Australia6%
6Money Market3.32%
7France3.31%
8Canada2.55%
9Germany2.08%
Industry sector
1Real Estate96.29%
2Money Market3.32%
3Information Technology0.39%
4Derivatives0%
Asset type
1Property Shares96.68%
2Money Market3.32%
3Alternative Investment Strategies0%
Individual holdings
1SIMON PROPERTY GROUP INC3.92%
2LINK REAL ESTATE INVESTMENT TRUST UTS3.65%
3AVALONBAY COMMUNITIES INC3.24%
4WESTFIELD CORPORATION STAPLED (2UT 1ORD)2.69%
5HUDSON PACIFIC PROPERTIES INC2.59%
6DUKE REALTY CORP2.56%
7GGP INC2.31%
8HCP INC2.3%
9UDR INC2.26%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
To provide income and capital growth by investing in equity and equity related securities of real estate companies worldwide. It invests at least 80% of its assets in equity and equity related securities of real estate companies worldwide which generate the majority of their earnings from real estate investment related activities. The Fund seeks exposure to companies that invest in cities that the manager believes will exhibit continued economic growth, supported by factors such as strong infrastructure and supportive planning regimes. Derivatives may be used for efficient portfolio management.
Benchmark
  • FTSE EPRA/NAREIT Developed
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Tom Walker15/08/2014Tom Walker Joined Schroders in July 2014 as fund manager – Global Property Securities. He has Over 15 years of real estate experience. He was the Deputy Head of Global Listed Real Estate at AMP Capital in the year 2005 – 2014 and Jones Lang LaSalle in the year 1999 – 2005. He has completed BA in Politics from University of Newcastle Upon Tyne and a Graduate Diploma in Real Estate from London South Bank University and MRICS.
Hugo Machin15/08/2014Hugo Machin Joined Schroders in July 2014 as fund manager – Global Property Securities. He has Over 15 years of real estate experience. He was the Head of European Listed Real Estate at AMP Capital – 2006 – 2014 and responsible for setting up the London office for the AMP Global Property Securities Fund. He was in ING Investment Management, Sydney - 2004 – 2006 and Welcome Trust with responsibility for commercial property portfolio – 1999 – 2004. He has completed BA Hons in English Literature from Durham University, MSc in Real Estate Finance and Investment from Reading University and a Diploma in Cross Border Valuation from Oxford Said Business School..
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Schroder Global Cities Real Estate EP
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.37%
Bid price174.1
Offer price174.1
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW457
FL Schroder Global Cities Real Estate EP S3
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.37%
Bid price174.1
Offer price174.1
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW458
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.