Fact sheet: FL Schroder Life Mgd Bal Pn

Fund information
Fund name
FL Schroder Life Managed Balanced Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Schroder Investment Managementsince 24/10/2006
Underlying fund
Schroder Life Managed Balanced
Fund objective
Schroders state that the fund aims to give a balanced exposure to UK and overseas equities and fixed income securities through a range of underlying authorised unit trusts, recognised schemes and collective investment schemes. The fund may also invest in a wide range of investments including transferable securities, derivatives, cash, deposits and money market instruments. Derivatives may be used for investment purposes as well as for efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
12.6%
1 Year rank in sector
247/795
Sector
PN Mixed Investment 40%-85% Shares
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.
74
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.7%
Scot Eq Ext Bal Coll (ex MLC) Pn20.7%
FL My Ftr Adv Gth XE/IE Pn20.1%
Scot Eq Sequel Adventurous Pn19.6%
Scot Eq Sequel Adven Jrny Pn19.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK50.5%
    North America15.3%
    Europe ex UK14.8%
    Global Emerging Markets6.4%
    Pacific ex-Japan5.3%
  • Financials24.1%
    Consumer Services14%
    Consumer Goods12.9%
    Oil & Gas12.8%
    Health Care11%
  • UK Equities36.1%
    North American Equities15.3%
    Europe ex UK Equities14.8%
    UK Fixed Interest14.4%
    Global Emerging Market Equities6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%0.5%10.4%12.6%28.1%66.6%
Sector-0.8%-1.2%7.8%10.2%21.1%47.2%
Rank within sector487 / 913149 / 912130 / 894247 / 79557 / 69224 / 595
Quartile3rd1st1st2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund12.9%3.7%6.8%19.7%12.5%
Sector10%2.2%5.7%13.1%9.9%
Rank within sector179 / 800162 / 753141 / 69242 / 66180 / 596
Quartile1st1st1st1st1st
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.
0.87
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.
1.16
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.
0.58
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%.
8.48
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.
0.77
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.
0.94
Price movement
52 week high231.3
52 week low181.4
Current bid price-
Current offer price-
Current mid price222.1
Region
1UK50.5%
2North America15.3%
3Europe ex UK14.8%
4Global Emerging Markets6.4%
5Pacific ex-Japan5.3%
6Japan4.2%
7Not Specified3.3%
8Money Market0.2%
Industry sector
1Financials24.1%
2Consumer Services14%
3Consumer Goods12.9%
4Oil & Gas12.8%
5Health Care11%
6Industrials7.1%
7Telecommunications7%
8Basic Materials4.6%
9Money Market2.8%
Asset type
1UK Equities36.1%
2North American Equities15.3%
3Europe ex UK Equities14.8%
4UK Fixed Interest14.4%
5Global Emerging Market Equities6.4%
6Asia Pacific ex Japan Equities5.3%
7Japanese Equities4.2%
8Hedge3.3%
9Money Market0.2%
Individual holdings
1SCHRODER LIFE UK EQUITY PORTFOLIO FUND31.7%
2SCHRODER INSTITUTIONAL EUROPEAN FUND15.6%
3SCHRODER STERLING BROAD MARKET BOND FUND14.4%
4SCHRODER SPECIAL SITUATIONS FUND STERLING LIQUIDITY PLUS FD CLS`I`ACC8.1%
5SCHRODER INSTITUTIONAL PACIFIC FUND5.3%
6SCHRODER INSTITUTIONAL DEVELOPING MARKETS FUND4.9%
7SCHRODER INSTITUTIONAL UK SMALLER COMPANIES INST INC4.4%
8SCHRODER TOKYO A ACC4.2%
9VANGUARD S&P 500 UCITS ETF3.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Schroders state that the fund aims to give a balanced exposure to UK and overseas equities and fixed income securities through a range of underlying authorised unit trusts, recognised schemes and collective investment schemes. The fund may also invest in a wide range of investments including transferable securities, derivatives, cash, deposits and money market instruments. Derivatives may be used for investment purposes as well as for efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Fund manager
NameSinceBiography
Schroder Investment Management24/10/2006Schroder Investment Management - is a major name in global investment, Schroder manages over £110 billion on behalf of investors and co-manages Nationwide's UK Growth Fund.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Schroder Life Managed Balanced Pn
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price222.1
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7C5
FL Schroder Life Managed Balanced Pn Inet
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price99.98
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGLV
Data provided by

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