Fact sheet: FL Threadneedle Gbl Equ Inc Pn

Fund information
Fund name
FL Threadneedle Global Equity Income Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Stephen Thornbersince 26/06/2007
Underlying fund
Threadneedle Gbl Eq Inc
Fund objective
Threadneedle state that the fund aims to generate a high and growing income over the long term combined with prospects for capital growth. The fund will invest no less than two-thirds of the gross assets of the fund in global equities. The fund may also invest in deposits, cash and other securities (including fixed interest and money market securities), and may use derivatives for efficient portfolio management only.
Benchmark
  • MSCI All Country World Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
37%
1 Year rank in sector
10/437
Sector
PN Flexible Investment
Yield
-
Fund size
£1m (£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.
97
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Performance snapshot

Holdings snapshot

  • USA48.9%
    UK14.3%
    Australia6.3%
    International4.8%
    Germany4.6%
  • Financials18.8%
    Consumer Staples12%
    Consumer Discretionary11.2%
    Health Care9.4%
    Information Technology8.5%
  • US Equities48.9%
    UK Equities14.3%
    Australian Equities6.3%
    International Equities4.8%
    German Equities4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4%3.5%11.1%37%--
Sector3%2.4%7.1%19.9%25.6%57.2%
Rank within sector161 / 489184 / 486175 / 46710 / 437--
Quartile2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.1%26.7%7.6%--
Sector1.6%14.2%2.5%6.7%14.8%
Rank within sector244 / 4886 / 43132 / 335--
Quartile2nd1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high143.9
52 week low101.4
Current bid price-
Current offer price-
Current mid price143.8
Region
1USA48.9%
2UK14.3%
3Australia6.3%
4International4.8%
5Germany4.6%
6Canada4.3%
7Taiwan3.4%
8Money Market3.3%
9Switzerland2.8%
Industry sector
1Financials18.8%
2Consumer Staples12%
3Consumer Discretionary11.2%
4Health Care9.4%
5Information Technology8.5%
6Materials8.1%
7Energy7.8%
8Industrials6.6%
9Real Estate4.9%
Asset type
1US Equities48.9%
2UK Equities14.3%
3Australian Equities6.3%
4International Equities4.8%
5German Equities4.6%
6Canadian Equities4.3%
7Taiwanese Equities3.4%
8Money Market3.3%
9Swiss Equities2.8%
Individual holdings
1CISCO SYSTEMS INC2.8%
2ROYAL DUTCH SHELL2.7%
3PFIZER INC2.4%
4CME GROUP INC2.3%
5JPMORGAN CHASE & CO2.3%
6WELLS FARGO & CO2.3%
7BB&T CORP2%
8REYNOLDS AMERICAN INC2%
9GENERAL MOTORS CO1.9%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Threadneedle state that the fund aims to generate a high and growing income over the long term combined with prospects for capital growth. The fund will invest no less than two-thirds of the gross assets of the fund in global equities. The fund may also invest in deposits, cash and other securities (including fixed interest and money market securities), and may use derivatives for efficient portfolio management only.
Benchmark
  • MSCI All Country World Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Stephen Thornber26/06/2007Stephen Thornber has led the Threadneedle Global Equity Income strategy since its inception in 2007. He also heads the energy sector research team. Before joining the Global Equities team in 2003, Stephen was a UK equity portfolio manager and spent five years managing the Threadneedle UK Monthly Income Fund. Stephen joined Threadneedle Asset Management Limited at the company’s inception in 1994. Before this he worked for Eagle Star Investments¹ and for the Kuwait Investment Office. Stephen has a BA in Business and Finance from Plymouth Polytechnic.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Threadneedle Global Equity Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price143.8
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKRKL
FL Threadneedle Global Equity Income Pn Inet
Initial charge-
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price140.7
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKSCJ
Data provided by

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