Fact sheet: FL TEActv Bln Bd IE

Fund information
Fund name
FL TEAMS Active Balanced Bond IE
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund invests in fixed income securities with a maturity period of 15 years or longer. It may invest in investment grade corporate bonds, gilts and non sterling government bonds. It may also invest in high yield bonds, emerging market bonds, structured notes and cash. The fund aims to outperform the iBoxx Sterling Overall Over 15 Year Index (before fees) annualised over rolling 3 years. The benchmark of the fund is 50% iboxx £ non gilt over 10 years, 50% FTSE over 15 years gilt index.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.5%
1 Year rank in sector
4/265
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m (£0m 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.
91
Bid price
227.6
Offer price
227.6
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP17.8%
AEGON Long Core Plus Pn16.6%
OMW IPL L&G AAA CrpBdOv15YIx Pn16%
FL TEActv Bln Bd IE15.5%
L&G PMC AAAAAA CpBd Ov15Y Id Pn15.3%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%5.8%2.2%15.5%45.5%60.2%
Sector1.1%3%1.7%8.9%19.7%38.5%
Rank within sector2 / 2686 / 26765 / 2664 / 2652 / 2363 / 219
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.4%15%2.1%24.2%-5.1%
Sector2.2%9.4%0.2%10.5%1%
Rank within sector1 / 2669 / 26215 / 2482 / 236227 / 227
Quartile1st1st1st1st4th
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.
0.93
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.
1.87
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%.
11.78
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.
7.58
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.
0.8
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.
0.74
Price movement
52 week high243.5
52 week low194.5
Current bid price227.6
Current offer price227.6
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund invests in fixed income securities with a maturity period of 15 years or longer. It may invest in investment grade corporate bonds, gilts and non sterling government bonds. It may also invest in high yield bonds, emerging market bonds, structured notes and cash. The fund aims to outperform the iBoxx Sterling Overall Over 15 Year Index (before fees) annualised over rolling 3 years. The benchmark of the fund is 50% iboxx £ non gilt over 10 years, 50% FTSE over 15 years gilt index.
Benchmark
  • Composite
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 TEAMS Active Balanced Bond IE
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price227.6
Offer price227.6
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0NVM
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.