Fact sheet: FL Stewardship Pn

Fund information
Fund name
FL Stewardship Pn Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Jessica Groundsince 08/12/2014
  • Andy Simpsonsince 08/12/2014
  • Sue Noffkesince 08/12/2014
No data available.
Fund objective
The fund aims to provide exposure to an ethically screened portfolio of assets in order to produce capital growth. The fund will mainly be invested in UK equities. The ethical screening criteria of the fund will mean that its investments are more restricted than a non-ethical fund. The fund may also invest in other equities, warrants, convertibles, money market instruments and short-term bonds.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.4%
1 Year rank in sector
590/855
Sector
PN UK All Companies
Yield
-
Fund size
£722m (£669m 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.
99
Bid price
2739.6
Offer price
2883.8
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn42%
Fidelity UBS UK Select Pn33.2%
Halifax IM UK Growth Pn32.9%
Countrywide Equity Pn32.7%
CM UBS UK Opportunities Pension32.7%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • UK Equities94.6%
    Money Market2.3%
    Europe ex UK Equities2.2%
    North American Equities0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%7.1%7.6%16.4%20.1%63.1%
Sector2.1%6.2%8.4%18.2%21.7%57.7%
Rank within sector225 / 881254 / 878576 / 872590 / 855527 / 818290 / 774
Quartile2nd2nd3rd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund6.3%5.8%2.5%4.8%26.8%
Sector5%10.2%4.4%0.6%24.2%
Rank within sector122 / 877643 / 853460 / 840124 / 815265 / 796
Quartile1st4th3rd1st2nd
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.
-1.13
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.
1.13
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.
0.08
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%.
11.17
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.
3.4
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.
-0.18
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.
0.92
Price movement
52 week high2739.6
52 week low2159.8
Current bid price2739.6
Current offer price2883.8
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1UK Equities94.61%
2Money Market2.25%
3Europe ex UK Equities2.21%
4North American Equities0.93%
Individual holdings
1HSBC HLDGS5.24%
2UNILEVER4.39%
3VODAFONE GROUP4.14%
4PRUDENTIAL PLC3.93%
5ASTRAZENECA PLC3.85%
6GLAXOSMITHKLINE3.72%
7LLOYDS BANKING GROUP PLC3.48%
8RIO TINTO3.03%
9LEGAL & GENERAL GROUP2.97%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims to provide exposure to an ethically screened portfolio of assets in order to produce capital growth. The fund will mainly be invested in UK equities. The ethical screening criteria of the fund will mean that its investments are more restricted than a non-ethical fund. The fund may also invest in other equities, warrants, convertibles, money market instruments and short-term bonds.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jessica Ground08/12/2014Jessica Ground – Prime UK Equities Fund Manager / UK Equities Research Analyst.Prime UK Equities fund manager since 2006 and UK equities analyst responsible for the Banks sector.Extensive analytical experience on a Pan European basis from 1999 to 2006 covering Utilities, Real Estate and Financials .Investment career commenced in 1997 on joining Schroders graduate scheme. Worked as an assistant to senior UK Fund Managers during 1998.Associate with the Institute of Investment of Management and Research (IIMR).Degree in History, Bristol University
Andy Simpson08/12/2014Manager of Prime UK Equity portfolios, based in London. Investment career commenced on joining Schroders in 1989 as a UK Equity fund manager Chairman of Schroders’ UK Corporate Governance Committee Chartered Accountant Degree in Mathematics, Durham University .
Sue Noffke08/12/2014Sue Noffke, Prime UK Equities Fund Manager.Manager of Prime UK equities portfolios, based in London.UK equities fund manager since 1993. Investment career commenced in October 1989 on joining Schroders where she initially worked in the UK research department as a sector analyst.Associate Member of the Institute of Investment Management Research (IIMR).Degree in Business Administration and Biochemistry, Aston University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Stewardship Pn Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price2739.6
Offer price2883.8
Mid price-
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFL24
FL Stewardship Pn Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price871.5
Offer price917.4
Mid price-
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFL23
Data provided by

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