Fact sheet: FL Tokyo Pn

Fund information
Fund name
FL Tokyo Pn C Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Jamie Jenkinssince 26/02/1982
  • Lay Peng Sohsince 01/11/2004
No data available.
Fund objective
The fund's objective is to achieve a long-term increase in the value of the investment. The fund seeks to achieve this by investing in equities and equity related securities such as warrants of Japanese companies. The effect that changes in interest rates and currency exchange rates may have on your investment can be reduced through the purchase of options, or financial futures contracts or currency forward contracts. This reduces the effect of both positive and negative changes in interest and exchange rates. The fund may also hold liquid assets and debt instruments on a short term basis up to 15% of the value of the fund.
Benchmark
  • FTSE World Japan Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
21%
1 Year rank in sector
93/189
Sector
PN Japan
Yield
-
Fund size
£9m (£8m 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.
122
Bid price
949.2
Offer price
999.2
Top in this sector
Fund name1 Year
Zurich Inv PerpJapnseSmCosPn42.2%
OMW InvescoPerpetaulJpnSlCos41.8%
SIP Inv Prp Jpnse Sm Cos Pn41.6%
FL GM Japnse Eq Pn37.7%
L&G Legg MasonIFJapanEqPn33.2%
...more in PN Japan

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.1%7.1%18.7%21%43.6%80.7%
Sector-4.3%6.6%21.3%20.6%42.1%85.2%
Rank within sector156 / 19578 / 192143 / 19293 / 18987 / 180110 / 168
Quartile4th2nd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund19.7%17.6%3.4%21.2%3.9%
Sector20.5%15.7%1.5%26.2%4%
Rank within sector115 / 18932 / 18747 / 180142 / 17797 / 168
Quartile3rd1st2nd4th3rd
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.
-0.21
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.
1.07
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.
0.7
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%.
14.19
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.
3.42
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.
0.17
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.
0.94
Price movement
52 week high1012.4
52 week low666.9
Current bid price949.2
Current offer price999.2
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Japanese Equities99.06%
2Money Market0.94%
Individual holdings
1KDDI CORP4.15%
2SUMITOMO MITSUI FINANCIAL GROUP INC3.17%
3ORIX CORP2.93%
4BRIDGESTONE CORP2.79%
5MITSUBISHI UFJ FINANCIAL GROUP2.73%
6TOYOTA MOTOR CORP2.69%
7JAPAN TOBACCO INC2.68%
8KUBOTA CORP2.66%
9ISUZU MOTORS2.6%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund's objective is to achieve a long-term increase in the value of the investment. The fund seeks to achieve this by investing in equities and equity related securities such as warrants of Japanese companies. The effect that changes in interest rates and currency exchange rates may have on your investment can be reduced through the purchase of options, or financial futures contracts or currency forward contracts. This reduces the effect of both positive and negative changes in interest and exchange rates. The fund may also hold liquid assets and debt instruments on a short term basis up to 15% of the value of the fund.
Benchmark
  • FTSE World Japan Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jamie Jenkins26/02/1982Jamie Jenkins is Head of the Responsible Global Equities team. Jamie joined the firm in 2000 and is co-manager of the F&C Responsible Global Equity Fund and the F&C Responsible Sharia Global Equity Fund. Prior to joining the firm, Jamie worked at Hill Samuel Asset Management as a Japanese Equities Fund Manager. He holds an MA in History from the University of Edinburgh, and has obtained his IIMR qualifications and is a member of the CFA Society of the UK.
Lay Peng Soh01/11/2004Lay Peng has over eight years of experience in managing retail investment funds. She joined F&C in 2004 assuming responsibility for a number of Japanese portfolios and in November 2004 was appointed lead manager of the F&C Japan Growth Fund. Previously, Lay Peng managed Japanese funds at Govett and ING Investment. She has also managed a number of Pacific Basin equity funds. Lay Peng is a graduate of the Nanyang Technological University, Singapore with a major in Financial Analysis. She is a CFA charter holder and an associate of the Society of Singapore Financial Analysts. She was awarded the Asean Scholarship by the Public Service Commission of Singapore.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Tokyo Pn C Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price949.2
Offer price999.2
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSC47
FL Tokyo Pn C Cap
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price334.9
Offer price352.5
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSC84
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.