Fact sheet: Michln Aqul 30:70 Gbl Eq Idx Pn

Fund information
Fund name
Michelin Aquila 30:70 Global Equity Index Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
BlackRock AqCo30:70CrHgGEIdPn
Fund objective
The fund's objective is to provide returns consistent with the markets in which it invests and it aims to achieve this through investment in passively managed funds. The underlying funds invest primarily in equities from around the world (including emerging markets) with a degree of overseas currency exposure hedged back to Sterling. The underlying fund(s) may change. Details of the underlying fund(s) can be found on the fund factsheet. These are selected and reviewed by the scheme investment adviser. The benchmark of the fund is 30% FTSE All-Share Index, 60% FTSE All-World Developed (ex-UK) Index (Hedged to GBP), 10% MSCI Emerging Markets Index
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
20.1%
1 Year rank in sector
911/1001
Sector
PN Global Equities
Yield
-
Fund size
£0m (£74m 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.
83
Bid price
339.4
Offer price
339.4
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn46.9%
Baillie Gifford Lng Tm Gbl Gth Pn44.2%
Zurich BailGfrd LgTrmGblGth43.8%
FL Baillie Giff LT Gbl Gth Pn43%
Stan Life BGiff LgTmGlGtOEICPn42.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK29.8%
    USA24.7%
    Money Market14.7%
    Europe10.2%
    Global Emerging Markets10.1%
  • No data available.
  • UK Equities29.8%
    US Equities24.7%
    Money Market14.7%
    European Equities10.2%
    Global Emerging Market Equities10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%5%10.2%20.1%30%71.2%
Sector0.4%3.5%6.2%25.6%43.2%81.5%
Rank within sector104 / 1052127 / 105053 / 1030911 / 1001789 / 865612 / 773
Quartile1st1st1st4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund6.6%13%1.3%7.6%23.4%
Sector4.5%22.4%3.7%7.8%21.4%
Rank within sector112 / 1035902 / 957769 / 915418 / 846328 / 818
Quartile1st4th4th2nd2nd
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.
-2.96
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
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.
0.53
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.
4.99
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.
-0.62
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.
0.79
Price movement
52 week high338.8
52 week low274.6
Current bid price339.4
Current offer price339.4
Current mid price-
Region
1UK29.81%
2USA24.72%
3Money Market14.73%
4Europe10.16%
5Global Emerging Markets10.06%
6Japan6.23%
7Pacific Rim4.29%
Industry sector
No data available.
Asset type
1UK Equities29.81%
2US Equities24.72%
3Money Market14.73%
4European Equities10.16%
5Global Emerging Market Equities10.06%
6Japanese Equities6.23%
7Asia Pacific Equities4.29%
Individual holdings
No data available.
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund's objective is to provide returns consistent with the markets in which it invests and it aims to achieve this through investment in passively managed funds. The underlying funds invest primarily in equities from around the world (including emerging markets) with a degree of overseas currency exposure hedged back to Sterling. The underlying fund(s) may change. Details of the underlying fund(s) can be found on the fund factsheet. These are selected and reviewed by the scheme investment adviser. The benchmark of the fund is 30% FTSE All-Share Index, 60% FTSE All-World Developed (ex-UK) Index (Hedged to GBP), 10% MSCI Emerging Markets Index
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Michelin Aquila 30:70 Global Equity Index Pn
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.42%
Bid price339.4
Offer price339.4
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0YY
Data provided by

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