Fact sheet: FL UK Smaller Companies NGP

Fund information
Fund name
FL UK Smaller Companies NGP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Andrew Broughsince 01/03/2016
Underlying fund
Schroder Inst UK Sm Cos
Fund objective
The fund's objective is to provide capital growth. The manager seeks to achieve this by investing mainly in equities of UK smaller companies. This will normally mean that the UK's largest companies by market capitalisation are excluded from the fund. A proportion of the assets may comprise convertible stocks and other permitted investment vehicles which are linked to UK smaller companies.
Benchmark
  • NUMIS NSCI Ex Investment Companies
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.4%
1 Year rank in sector
12/107
Sector
PN UK Smaller Companies
Yield
-
Fund size
£64m (£63m 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.
77
Top in this sector
Fund name1 Year
Aviva Art UK Sm Cos Pn11.8%
OMW Prof Liontrust UK Sm Cos Pn11.2%
FL Schroder UK Sm Cos EP11%
Aviva Schrdr UK Dyc Sml Cos Pn10.4%
OMW Liontrust UK Sm Cos10.3%
...more in PN UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK94%
    Money Market4.8%
    Israel0.9%
    Germany0.7%
    Canada0%
  • Software13.7%
    Support Services9.1%
    Financial Services8%
    Household Goods5.7%
    Travel5.6%
  • UK Equities96.5%
    Money Market1.7%
    Israeli Equities0.9%
    German Equities0.7%
    International Equities0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%3.7%8.2%8.4%37.2%138.6%
Sector1.9%-0.2%3.5%3.2%22.5%100.7%
Rank within sector42 / 1123 / 1115 / 11112 / 10716 / 1037 / 95
Quartile2nd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.3%17.7%3.2%38.7%33.2%
Sector2.5%17.6%-2.3%37.9%24.8%
Rank within sector8 / 10761 / 10618 / 10355 / 1029 / 95
Quartile1st3rd1st3rd1st
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.
4.03
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.
0.91
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.
0.67
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%.
10.55
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.
3.04
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.
1.11
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.
0.92
Price movement
52 week high417
52 week low341.5
Current bid price-
Current offer price-
Current mid price416.4
Region
1UK93.96%
2Money Market4.83%
3Israel0.87%
4Germany0.68%
5Canada0.01%
6Others-0.35%
Industry sector
1Software13.69%
2Support Services9.13%
3Financial Services7.95%
4Household Goods5.73%
5Travel5.64%
6Electronic & Electrical Equipment5.2%
7Money Market4.83%
8Media4.72%
9Real Estate4.3%
Asset type
1UK Equities96.5%
2Money Market1.71%
3Israeli Equities0.92%
4German Equities0.68%
5International Equities0.18%
6Canadian Equities0.01%
Individual holdings
1TRIFAST2.78%
2COLEFAX GROUP2.54%
3M J Gleeson2.3%
4AVON RUBBER2.26%
5TED BAKER2.16%
6ARROW GLOBAL GRP PLC2.12%
7DIALIGHT2.05%
8CONSORT MEDICAL PLC2.01%
9PHOTO-ME INTERNATIONAL2.01%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund's objective is to provide capital growth. The manager seeks to achieve this by investing mainly in equities of UK smaller companies. This will normally mean that the UK's largest companies by market capitalisation are excluded from the fund. A proportion of the assets may comprise convertible stocks and other permitted investment vehicles which are linked to UK smaller companies.
Benchmark
  • NUMIS NSCI Ex Investment Companies
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Andrew Brough01/03/2016Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. He holds a Degree in Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL UK Smaller Companies NGP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price416.4
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLR78
FL UK Smaller Companies NGP Inet
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price369.25
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOQ48
Data provided by

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