Fact sheet: FL Threadneedle UK Scl Bond Pn

Fund information
Fund name
FL Threadneedle UK Social Bond Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Simon Bondsince 04/12/2013
Underlying fund
Threadneedle UK Scl Bd
Fund objective
Threadneedle state that the fund aim's to achieve a total return (the combination of income and capital growth) through investments that are deemed to be supporting and funding socially beneficial activities and development, primarily in the UK. The funds investments are determined by the 'Social Assessment Methodology' and are reviewed by the 'Social Advisory Committee'. The fund may invest in all forms of tradable debt instruments such as corporate bonds, government bonds, notes and bills. It may also invest in cash, near cash and money market instruments. Derivatives may be used for the purpose of efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
9.8%
1 Year rank in sector
49/172
Sector
PN Sterling Fixed Interest
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.
38
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn59.3%
OMW IPL F&C Real Dynamic LDI Pn50.8%
OMW IPL LGIM 2055IdxLkdGltPn27.4%
OMW IPL LGIMOvr15Yr I LGltPn25.3%
OMW IPL F&C Nominal Dyn LDI Pn23%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK92.1%
    Money Market7.9%
  • Property23.7%
    Utilities16.1%
    Transport15.6%
    Financials12.5%
    Health Care12.2%
  • UK Fixed Interest92.1%
    Money Market7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%2.4%-1.8%9.8%--
Sector1.4%2.2%-4.3%10.6%25.1%34.4%
Rank within sector103 / 17847 / 17729 / 17449 / 172--
Quartile3rd2nd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.8%10.1%1.4%--
Sector-0.1%13.1%-1.2%13.9%-1.7%
Rank within sector10 / 17773 / 1727 / 150--
Quartile1st2nd1st
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 high119.8
52 week low106.8
Current bid price-
Current offer price-
Current mid price117.1
Region
1UK92.1%
2Money Market7.9%
Industry sector
1Property23.7%
2Utilities16.1%
3Transport15.6%
4Financials12.5%
5Health Care12.2%
6Money Market7.9%
7Education7.5%
8Services6%
9Others-1.5%
Asset type
1UK Fixed Interest92.1%
2Money Market7.9%
Individual holdings
1WELLCOME TRUST FINANCE 4.75% GTD BDS 28/05/21 GBP500003.5%
2LLOYDS BANK PLC 2.5% NTS 01/06/22 GBP1000003.1%
3UNITE GROUP 6.125% BDS 12/06/20 GBP1003.1%
4MANCHESTER AIRPORT GROUP FNDING PLC 4.125% MTN 02/04/24 GBP1000002.8%
5BBC PACIFIC QUAY FINANCE 5.5653% COMM MTG BKD NTS 25/7/34 GBP2.3%
6COMMUNITY FINANCE CO 1 PLC 5.02% 31/07/20342.3%
7TRANSPORT FOR LONDON 2.125% NTS 24/04/25 GBP1000002.3%
8BUPA FINANCE PLC 6.13% PERP2.2%
9EUROPEAN INVESTMENT BANK 2.25% NTS 07/03/20 GBP10002.2%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Threadneedle state that the fund aim's to achieve a total return (the combination of income and capital growth) through investments that are deemed to be supporting and funding socially beneficial activities and development, primarily in the UK. The funds investments are determined by the 'Social Assessment Methodology' and are reviewed by the 'Social Advisory Committee'. The fund may invest in all forms of tradable debt instruments such as corporate bonds, government bonds, notes and bills. It may also invest in cash, near cash and money market instruments. Derivatives may be used for the purpose of efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
Total Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Simon Bond04/12/2013Simon Bond joined the company in 2003 as an Investment Grade Credit Portfolio Manager and has been the manager of the Threadneedle UK Social Bond Fund since its launch in 2013. Having previously managed a number of institutional and retail investment grade corporate bond portfolios, Simon now concentrates his focus on managing the UK Social Bond Fund and developing other responsible investment strategies across the firm.Simon has 30 years’ experience in the fund management industry, with the last 25 years specialising in corporate credit. Throughout his career, Simon has taken a keen interest in the social investment space and as an analyst the first entity Simon reported on was Peabody Trust and the first sector he covered was housing associations. Simon is particularly passionate about the role of infrastructure in both regeneration and economic growth.Prior to joining the firm, Simon managed £6 billion in his role as the Senior UK Credit Fund Manager for AXA. Simon also worked for GE Insurance as a Portfolio Manager, Provident Mutual as a Fixed Income Analyst and Hambros Bank as an Investment Accountant and Pension Fund Investment Administrator.Simon is a Fellow of the Chartered Institute for Securities and Investment, holds the Investment Management Certificate and the General Registered Representatives Certificate.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Threadneedle UK Social Bond 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 price117.1
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKRKH
FL Threadneedle UK Social Bond Pn Inet
Initial charge-
Annual charge0.64%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price115.3
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKSCL
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.