Fact sheet: FL Towry Mixed Pn

Fund information
Fund name
FL Towry Mixed Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Towry Investment Management Limitedsince 31/08/2008
Underlying fund
Towry A2535
Fund objective
Towry state that the aim of the fund is to generate a long-term return on income and capital growth. The fund will invest in blend of collective investment schemes that invest in global equities, global bonds and sovereign debt including sub-investment grade bonds. The collectives may also invest in commodities, property and listed property securities. The collectives may employ a wide variety of active and passive investment strategies to gain exposure to a very broad range of investments. The fund may also invest directly up to 30% of its value in equity securities issued by small, mid and large cap companies. The fund may also invest directly up to 10% of its value in sovereign debt issued by public issuers and up to 35% of its value in corporate debt. The fund may also use derivatives for investment purposes, efficient portfolio management and for hedging.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
No data available.
Quick stats
1 Year return
9.7%
1 Year rank in sector
143/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£1m (£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.
42
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn27.1%
AXA Wealth TEAMS cl Gvn ptfl VPn19.3%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.4%
FL Investec Caut Mgd Pn16.6%
AXA Wealth TEAMS cl Gvn ptfl IIIPn16.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%1%8.6%9.7%22.9%44%
Sector-1.9%-1.6%6.6%8.2%17.2%39.9%
Rank within sector122 / 52955 / 529104 / 517143 / 46243 / 397135 / 339
Quartile1st1st1st2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund9.8%3.2%7.9%9.6%6.3%
Sector8.9%1.3%6%8.3%9.4%
Rank within sector152 / 46363 / 42558 / 399185 / 381287 / 339
Quartile2nd1st1st2nd4th
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.
1.86
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.
0.75
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%.
5.08
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.
1.7
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.
0.83
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.
0.89
Price movement
52 week high188.4
52 week low162.1
Current bid price-
Current offer price-
Current mid price185.2
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Towry state that the aim of the fund is to generate a long-term return on income and capital growth. The fund will invest in blend of collective investment schemes that invest in global equities, global bonds and sovereign debt including sub-investment grade bonds. The collectives may also invest in commodities, property and listed property securities. The collectives may employ a wide variety of active and passive investment strategies to gain exposure to a very broad range of investments. The fund may also invest directly up to 30% of its value in equity securities issued by small, mid and large cap companies. The fund may also invest directly up to 10% of its value in sovereign debt issued by public issuers and up to 35% of its value in corporate debt. The fund may also use derivatives for investment purposes, efficient portfolio management and for hedging.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
No data available.
Fund manager
NameSinceBiography
Towry Investment Management Limited31/08/2008
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Towry Mixed Pn
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price185.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2J4
FL Towry Mixed Pn Inet
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price160.94
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSL4
Data provided by

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