Fact sheet: FL Schdr Inst UK SmCos EP

Fund information
Fund name
FL Schroder Institutional UK Smaller Companies EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Andrew Broughsince 02/03/1992
  • Iain Staplessince 01/05/2015
Underlying fund
Schroder Inst UK Sm Cos
Fund objective
Schroders state that the fund's aim is to provide capital growth through investment in smaller companies in the UK. The policy is to invest in smaller companies in the UK which are expected to exhibit superior growth over the long term. The fund may also invest in other financial instruments and hold cash on deposit.
Benchmark
  • FTSE Small Cap ex ITs
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
26.9%
1 Year rank in sector
40/110
Sector
PN UK Smaller Companies
Yield
-
Fund size
£2m (£2m 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.
73
Bid price
298.8
Offer price
298.8
Top in this sector
Fund name1 Year
Scot Eq Old Mut UK Sm Cos Pn35.3%
Aviva Schrdr UK Dyc Sml Cos Pn35%
FL Old Mutual UK Sm Cos Pn34.5%
Stan Life Schr UK Dyn Sm Cos Pn33.4%
SIP Old Mut UK Sm Cos Pn33%
...more in PN UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK96.3%
    Money Market2.5%
    Israel1.5%
    Germany0.5%
    Canada0%
  • Software16%
    Financial Services9.3%
    Support Services8.7%
    Household Goods6.6%
    Travel6.4%
  • UK Equities95.4%
    Money Market2.7%
    Israeli Equities1%
    German Equities0.7%
    International Equities0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.7%9.5%19.4%26.9%45.4%124.5%
Sector5.3%10%17.4%23.4%36.3%110.2%
Rank within sector85 / 11573 / 11526 / 11440 / 11034 / 10638 / 99
Quartile3rd3rd1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund12.3%13%18.4%-1%36.6%
Sector12.6%7.1%17.6%-2.3%37.9%
Rank within sector75 / 11510 / 10956 / 10835 / 10572 / 104
Quartile3rd1st3rd2nd3rd
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.
3.75
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.
0.93
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%.
10.92
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.
3.36
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.
0.93
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 high296.3
52 week low208.3
Current bid price298.8
Current offer price298.8
Current mid price-
Region
1UK96.33%
2Money Market2.52%
3Israel1.48%
4Germany0.51%
5Canada0.02%
6Others-0.86%
Industry sector
1Software15.97%
2Financial Services9.31%
3Support Services8.72%
4Household Goods6.55%
5Travel6.36%
6Media4.84%
7Healthcare & Medical Products4.66%
8Real Estate4.37%
9Leisure4.25%
Asset type
1UK Equities95.44%
2Money Market2.71%
3Israeli Equities0.97%
4German Equities0.68%
5International Equities0.18%
6Canadian Equities0.02%
Individual holdings
1M J Gleeson2.71%
2TRIFAST2.62%
3ARROW GLOBAL GRP PLC2.38%
4DIALIGHT2.34%
5DART GROUP PLC2.32%
6COLEFAX GROUP2.2%
7MICROGEN1.97%
8COHORT1.96%
9ADVANCED MEDICAL SOLUTIONS GROUP1.91%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Schroders state that the fund's aim is to provide capital growth through investment in smaller companies in the UK. The policy is to invest in smaller companies in the UK which are expected to exhibit superior growth over the long term. The fund may also invest in other financial instruments and hold cash on deposit.
Benchmark
  • FTSE Small Cap ex ITs
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Andrew Brough02/03/1992Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. He holds a Degree in Economics.
Iain Staples01/05/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Schroder Institutional UK Smaller Companies EP
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.97%
Bid price298.8
Offer price298.8
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW336
Data provided by

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