Fact sheet: FL Strategy 03 Pn

Fund information
Fund name
FL Strategy 03 Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund aims for long-term capital growth. It invests in funds which invest around 40% in equities of any region, including emerging markets. It may also invest around 30% in corporate bond funds and around 30% in property and property-related security funds. The fund may also invest in money market instruments, cash and derivatives as well as in a combination of actively and passively managed underlying funds.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10%
1 Year rank in sector
91/462
Sector
PN Mixed Investment 20%-60% 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.
45
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn19.6%
AXA Wealth TEAMS cl Gvn ptfl VPn17.7%
AXA Wealth TEAMS cl Gvn ptfl IVPn16.8%
FL Investec Caut Mgd Pn15.5%
FL Investec Cautious Mgd AP15.4%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2.1%6.7%10%34.7%67.6%
Sector-2%-1.9%6%7.4%16.8%38.9%
Rank within sector79 / 529305 / 529176 / 51791 / 4624 / 3997 / 339
Quartile1st3rd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund10.8%6.2%13.1%12.6%11.1%
Sector8.4%1.3%6%8.3%9.4%
Rank within sector104 / 4637 / 4257 / 39977 / 381114 / 339
Quartile1st1st1st1st2nd
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.
4.1
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.
1.12
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.
1.14
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%.
6.14
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.
1.84
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.
2.57
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 high224.8
52 week low187.2
Current bid price-
Current offer price-
Current mid price217
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1FL Property Pn Acc30.33%
2XP BlackRock 15Y+ Co29.53%
3XP Glob EQ FoF SY13.45%
4XP BlackRock (50:50)13.41%
5XP BG World Eq SY13.27%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund aims for long-term capital growth. It invests in funds which invest around 40% in equities of any region, including emerging markets. It may also invest around 30% in corporate bond funds and around 30% in property and property-related security funds. The fund may also invest in money market instruments, cash and derivatives as well as in a combination of actively and passively managed underlying funds.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Strategy 03 Pn
Initial charge-
Annual charge0.08%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price217
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRX27
FL Strategy 03 Pn Inet
Initial charge-
Annual charge0.53%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price204.39
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOO23
Data provided by

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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.