Fact sheet: FL Tneedle PnNth Am Eq EP

Fund information
Fund name
FL Threadneedle Pensions North American Equity EP S3
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Diane Sobinsince 01/12/2011
  • Nadia Grantsince 01/03/2014
Underlying fund
Threadneedle NthAm Eq Pn
Fund objective
Threadneedle state that the fund’s objective will be to invest primarily in North American equities, indirectly through a fund managed by Columbia Threadneedle Investments. The fund aims to produce a total return over the medium term. The fund may use derivatives for investment purposes as well as for efficient portfolio management.
Benchmark
  • S&P 500
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.8%
1 Year rank in sector
253/309
Sector
PN North America
Yield
-
Fund size
£8m (£6m 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.
102
Bid price
288.8
Offer price
288.8
Top in this sector
Fund name1 Year
Canlife North American Pn43.5%
BlackRock Aq Lf Canadn EqIdx Pn42.3%
FL Investec American AP39.8%
Zurich Investec American Pn38.8%
FL Schroder US Mid Cap AP38.8%
...more in PN North America

Performance snapshot

Holdings snapshot

  • North America98.4%
    Money Market1.6%
  • Information Technology22.3%
    Health Care15.9%
    Financials13.2%
    Consumer Discretionary12.3%
    Consumer Staples9.4%
  • North American Equities98.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%7.8%20.8%22.8%60.2%122%
Sector4.6%7.4%20.2%26.1%58.4%115.5%
Rank within sector244 / 321128 / 321152 / 320253 / 309151 / 296121 / 269
Quartile4th2nd2nd4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund22.6%6.5%19.4%30.7%8.5%
Sector25.2%4.4%18.7%29.2%7%
Rank within sector244 / 30947 / 304129 / 29695 / 28472 / 271
Quartile4th1st2nd2nd2nd
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.
1.21
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.
0.93
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.
1.2
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%.
11.08
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.
2.65
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.
0.08
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.
0.95
Price movement
52 week high293.6
52 week low208.7
Current bid price288.8
Current offer price288.8
Current mid price-
Region
1North America98.4%
2Money Market1.6%
Industry sector
1Information Technology22.3%
2Health Care15.9%
3Financials13.2%
4Consumer Discretionary12.3%
5Consumer Staples9.4%
6Industrials9.2%
7Energy6.1%
8Materials3.9%
9Utilities3.4%
Asset type
1North American Equities98.4%
2Money Market1.6%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Threadneedle state that the fund’s objective will be to invest primarily in North American equities, indirectly through a fund managed by Columbia Threadneedle Investments. The fund aims to produce a total return over the medium term. The fund may use derivatives for investment purposes as well as for efficient portfolio management.
Benchmark
  • S&P 500
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Diane Sobin01/12/2011Diane Sobin joined the company in 2011 and has led the US Equities, EMEA team since 2014.  She manages the Threadneedle American Select Fund, the Threadneedle American Smaller Companies Fund and the Threadneedle US Equity Income Fund, as well as a number of institutional US equity mandates. Diane also co-manages the Columbia Mid Cap Value Fund. In addition, she is a key contributor to the team’s macroeconomic and thematic research and has coverage leadership for companies in the energy and industrials sectors. Diane joined Columbia Management in 2011, having previously held portfolio manager roles at ZurichScudder, JP Morgan, Oppenheimer and Dean Witter Reynolds. Diane was named in Financial News 100 Most Influential Women in European Finance in 2014. She has a Bachelor of Business Administration – Finance degree from Pace University, New York. She also holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.
Nadia Grant01/03/2014Nadia Grant joined the company in 2014 as a portfolio manager within the US Equities team. She manages the Threadneedle American Fund and has coverage leadership for companies in the healthcare sector. Nadia also contributes to the team’s macroeconomic and thematic research. Prior to joining the company, she worked for 13 years at JP Morgan Asset Management. She worked as a portfolio manager in various teams, managing European, American and Global strategies. Nadia has a Master’s degree from Reims Business School (Neoma) and also holds the Chartered Financial Analyst designation.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Threadneedle Pensions North American Equity EP
Initial charge-
Annual charge0.62%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price264.2
Offer price264.2
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW012
FL Threadneedle Pensions North American Equity EP S3
Initial charge-
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price288.8
Offer price288.8
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW282
Data provided by

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