Fact sheet: FL Tneedle UKEq Inc EP

Fund information
Fund name
FL Threadneedle UK Equity Income EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Richard Colwellsince 31/08/2010
Underlying fund
Threadneedle UK Eq Inc
Fund objective
Threadneedle state that the aim of the fund is to generate income with the potential to grow the amount invested as well. The fund invests at least two-thirds of its assets in shares of UK companies and invests in a range of blue chip, medium and smaller companies. As part of the investment process, the fund will make reference to the FTSE All-Share Index.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.3%
1 Year rank in sector
77/225
Sector
PN UK Equity Income
Yield
-
Fund size
£2m (£1m 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.
86
Bid price
413.5
Offer price
413.5
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income23.2%
OMW IPLM&GGlLePn23%
FL Income Accumulation Pn19.8%
FL Schroder Inc AP19.6%
HLL Schroder Income Pn18.9%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK99.3%
    Money Market0.7%
  • Industrials21.9%
    Consumer Services20.5%
    Health Care14%
    Financials13.1%
    Consumer Goods12.9%
  • UK Equities99.3%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-3.5%5.8%7.3%22.7%76.7%
Sector-0.1%-2.3%5.9%6.5%18.4%60%
Rank within sector98 / 229148 / 22994 / 22977 / 22545 / 20530 / 192
Quartile2nd3rd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7.3%3.9%6%28.6%17.8%
Sector6.5%3.9%3.7%23.2%13.2%
Rank within sector71 / 225152 / 22045 / 20533 / 19744 / 192
Quartile2nd3rd1st1st1st
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.
1.66
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.
0.94
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.
0.38
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%.
9.01
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.
3.26
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.
0.39
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.
0.87
Price movement
52 week high441.4
52 week low350.6
Current bid price413.5
Current offer price413.5
Current mid price-
Region
1UK99.3%
2Money Market0.7%
Industry sector
1Industrials21.9%
2Consumer Services20.5%
3Health Care14%
4Financials13.1%
5Consumer Goods12.9%
6Utilities7.5%
7Oil & Gas4%
8Telecommunications3.3%
9Basic Materials2.1%
Asset type
1UK Equities99.3%
2Money Market0.7%
Individual holdings
1ASTRAZENECA PLC7%
2GLAXOSMITHKLINE7%
3IMPERIAL BRANDS PLC6.6%
4MORRISON(WM.)SUPERMARKETS4.2%
5ROYAL DUTCH SHELL4%
6BT GROUP3.3%
7RSA INSURANCE GROUP PLC3.2%
8UNILEVER3.2%
9ELECTROCOMPONENTS3%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Threadneedle state that the aim of the fund is to generate income with the potential to grow the amount invested as well. The fund invests at least two-thirds of its assets in shares of UK companies and invests in a range of blue chip, medium and smaller companies. As part of the investment process, the fund will make reference to the FTSE All-Share Index.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Richard Colwell31/08/2010Richard Colwell joined the company in 2010 as a portfolio manager in the UK Equities team. He manages the Threadneedle UK Growth & Income Fund and co-manages the Threadneedle Monthly Extra Income Fund, Threadneedle UK Equity Income Fund and the Threadneedle UK Equity Alpha Income Fund. He also has research responsibility for the health care and insurance sectors. Before joining the company, Richard ran high alpha UK equity portfolios at Aviva Investors. He has also held portfolio management roles at Credit Suisse and Schroders and worked at the Bank of England. Richard has a degree in Banking, Insurance & Finance from the University of Bangor. He holds the Chartered Financial Analyst designation and is a member of the CFA Society of the UK as well as the Chartered Institute of Bankers.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Threadneedle UK Equity Income EP
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.22%
Bid price413.5
Offer price413.5
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBRX6
FL Threadneedle UK Equity Income EP S3
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.22%
Bid price413.7
Offer price413.7
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBRX7
Data provided by

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