No Bestinvest rating
FL DEFERRED DISTRIBUTION AL1- LF

FL DEFERRED DISTRIBUTION AL1- LF - Overview

Overview of FL DEFERRED DISTRIBUTION AL1- LF

Operating within a peer group that has little commonality, Jim Stride provides investors with a high level of consistency. The manager makes use of Index-linked securities to a much higher degree than any other fund within the peer group, due to Stride's views upon inflation.

  • Standard Initial Charge 5.00%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector
Structure INSURANCE BOND
Launched August, 1990
Size £2,921m
Yield 0.0%
Charging basis
Dividends paid

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.24%
Annual management charge 1.00%
Total expense ratio 1.00%

Costs appear average.

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 58
High yield bonds 0
Quality bonds 38
Property 0
Commodities 0
Hedge 0
Fund cash 4
Allocation Proportion(%)
UK 100
Europe 0
North America 0
Japan 0
Pacific 0
Other Equity 0
Allocation Proportion(%)
Large Caps 80
Mid Caps 15
Small Caps 5
View all performance data for this fund

Investment process

Sun Life's Deferred Distribution Bond aims to provide investors with distributions that over the longer term exceed the interest generated by the highest rate building society deposit, along with some capital appreciation. Although Jim Stride is the named fund manager for the Distribution Bond funds there is a great deal of input from other managers, with Stride working closely with Fixed Interest and Global Equity managers. Jim Stride’s main area of expertise is in the formulation of the the fund’s asset allocation policy. The manager follows the house model with regards to each assets class, rarely selling stocks when they leave the core list.

Live feed

Bid price(inc) 557.40p
Accum units 557.40p
Fund commentary 01/07/02
Fund data updated on 22/04/14

Asset allocation

Allocation Proportion(%)
Equity 58
High yield bonds 0
Quality bonds 38
Property 0
Commodities 0
Hedge 0
Fund cash 4

Equity Geographic

Allocation Proportion(%)
UK 100
Europe 0
North America 0
Japan 0
Pacific 0
Other Equity 0

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 80
Mid Caps 15
Small Caps 5

Top 10 holdings

As at 01/06/02 3.5% Glaxosmithkline 3.4% BP 3.3% AstraZeneca 2.9% Witan Investment Trust 2.9% Shell T & T 2.7% Vodafone 1.9% Legal & General 1.9% Smith & Nephew 1.9% HSBC Holdings 1.5% RBS. Source: AXA

Sector breakdown

Portfolio details

The range of asset splits is as follows: 50-60% Equities 0-10% F.Interest 0-10% Property 30-40% Index-linked 0-10%. Cash

Constraints

Risk is controlled through tracking error, which is 4-5% for funds with an income bias. This is higher than the capital growth funds as it is unlikely that low dividend stocks will be held.

Average monthly relative returns Bestinvest MRI
09/10 10/11 11/12 12/13 13/14   3 years 5 years Career 3 years 5 years Career
 
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Manager. No information available.

Track record

No information available.

Periods of worst performance
Absolute
Relative

Sector record since




About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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