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
23.7%
1 Year rank in sector
4/422
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.
99
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.3%
Scot Eq UBS Stockmkt Mgd Pn25.9%
Aegon Mrc Divfd Gth Pn23.8%
FL Threadneedle Gbl Equ Inc Pn23.7%
FL Spicers Adventurous Pn23.3%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • USA47.3%
    UK14.1%
    Australia6.7%
    Germany5%
    International5%
  • Financials16.5%
    Consumer Staples13.9%
    Consumer Discretionary11.2%
    Health Care9.6%
    Information Technology9.4%
  • US Equities47.3%
    UK Equities14.1%
    Australian Equities6.7%
    German Equities5%
    International Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.4%13.4%23.7%--
Sector0%-0.3%7.9%11.2%23.7%52.4%
Rank within sector150 / 485138 / 47253 / 4644 / 422--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund20.3%7.6%---
Sector10.9%2.5%6.7%14.8%10.5%
Rank within sector12 / 43032 / 335---
Quartile1st1st
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 high141.1
52 week low101.4
Current bid price-
Current offer price-
Current mid price133.6
Region
1USA47.3%
2UK14.1%
3Australia6.7%
4Germany5%
5International5%
6Canada4.5%
7Taiwan4.2%
8Switzerland2.8%
9Mexico2.4%
Industry sector
1Financials16.5%
2Consumer Staples13.9%
3Consumer Discretionary11.2%
4Health Care9.6%
5Information Technology9.4%
6Materials8%
7Energy7.8%
8Industrials6.1%
9Real Estate5.2%
Asset type
1US Equities47.3%
2UK Equities14.1%
3Australian Equities6.7%
4German Equities5%
5International Equities5%
6Canadian Equities4.5%
7Taiwanese Equities4.2%
8Swiss Equities2.8%
9Mexican Equities2.4%
Individual holdings
1REYNOLDS AMERICAN INC3%
2CISCO SYSTEMS INC2.8%
3ROYAL DUTCH SHELL2.7%
4PFIZER INC2.4%
5CME GROUP INC2%
6JPMORGAN CHASE & CO2%
7L BRANDS INC2%
8NOVARTIS AG2%
9OCCIDENTAL PETROLEUM CORP1.9%
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. He also holds the Chartered Financial Analyst designation and is an associate member of the CFA Society of the UK.
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 price133.6
CurrencyGBX
Price updated07/12/2016
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 price130.84
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKSCJ
Data provided by

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