Quarter 2 2016
ffgeneral
Fund Manager
Asset
Classes
Multi Manager Funds
6
The Magnet Range
Magnet Portfolio
Regions
Covered
Diversification
Overall Risk Rating
8
Fund Management
Charge
0.95%
5
Fund Objective
Magnet Portfolio is part of our Magnet Range of target risk portfolio funds. It uses a multi-asset, multi-manager approach and
could be described as a medium to high risk fund. Its value can go down but in normal market conditions, we would expect
that any losses would be less than those associated with equity type investments. This fund has a significant exposure to equity
markets but also diversifies across other growth assets such as commercial property, commodities and currency strategies.
It has some exposure to defensive assets such as Government and corporate bonds.
Magnet Portfolio may invest in any of the active, passive or absolute return funds available across the Friends First range of funds.
Since March 2013, the objective of the fund has been aligned with the European Securities and Markets Authority Risk rating of 5.
This means that from that date its objective is to maximise returns whilst keeping its 5 year annualised volatility within a range of
10% to 15% a year.
Fund Performance
12.00
8.00
4.00
0.00
-4.00
Risk Performance
7.47% a year
2.29%
0.97% a year
12 month annualised volatility
13.19%
3 year annualised volatility
9.22%
-2.79%
-8.00
Quarter 2
1 Year
3 Years
Since Launch
Year
Jan
Feb
Mar
Apr
May
Jun
2016
-3.43%
0.29%
1.39%
1.30%
1.59%
-0.60%
2015
4.31%
3.53%
2.07%
-0.92%
2.00%
-3.44%
1.75%
-5.73%
-2.93%
5.84%
2.43%
-4.11%
4.11%
2014
-1.65%
1.76%
0.24%
0.24%
1.74%
1.18%
0.52%
1.48%
1.34%
0.52%
2.21%
0.68%
10.70%
2013
0.32%
0.87%
2.20%
0.41%
0.64%
-4.05%
1.71%
-0.63%
1.95%
2.54%
1.01%
0.38%
8.78%
2012
3.01%
1.20%
-1.09%
-1.01%
-1.25%
1.16%
4.81%
-0.51%
0.11%
-0.48%
1.16%
1.08%
9.45%
2011
-0.08%
1.34%
-1.50%
0.99%
-0.43%
-2.59%
1.32%
-6.63%
-2.24%
4.14%
-2.27%
3.22%
-5.09%
2010
-0.0107
0.27%
0.0502
-0.05%
-1.90%
-0.02%
0.98%
0.81%
2.25%
7.67%
Asset Split
Jul
Aug
Sep
Oct
Nov
Euro Equity
3.3% -0.84%
1.69%
0.87%
7.8% Global Ex Euro Equity
29.6% Developed Global exEuro Equity
5.1% Commercial Property
13.5% Emerging Markets Equity
EuroCorporate
Govt. Bonds
22.5%
Bonds
9.9% Euro
7.6%
29.9% Euro Corp Bonds
Commodities
9.7%
Property
9.7%
Absolute Return - Fund of Funds
Abs RetReturn
- Currency
6.7%
- Currency
7.0% Absolute
FFGENERAL
8
YTD
0.45%
Commodities
1.9%
Equity
13.2% Euro
Asset Split
Dec
10.0% Abs Ret - Market Neutral
9.8% Abs Ret - Global Bonds
2.9% Cash
3.3% Euro Equity
7.8% Global Ex Euro E
1.9% Commodities
5.1% Commercial Pro
Component Funds
ffgeneral
Asset Class
22.5% Euro Govt. Bond
Weighting
Quarter 2 Perf
Explorer (Emerging Markets)
7.06%
6.50%
Indexed Eurozone Equity
5.39%6.7%
Abs
Ret - Curren
-2.50%
Indexed Global (Ex Euro) Equity
5.73%
10.0%
3.99%
Abs
Ret - Marke
International Equity
15.74%
1.13%
4.26%
-3.36%
Global High Yield Equity
2.9% Cash
13.41%
1.07%
Emerging Markets High Yield Equity
4.66%
3.15%
Fixed Interest
European Corporate Bond
9.89%
1.39%
Commodities
Optimum Yield
7.56%
15.38%
Property
Irish Commercial
22.5%
4.92%
1.96%
4.73%6.7%
Alder
-1.83%
8.01%
10.0%
5.47%
Insight
Equities
Fund
Manager
Euro
Eurozone High Yield
Equity
3.3%
9.8% Abs Ret - Global
Equity
7.8% Global Ex Euro Equity
1.9% Commodities
UK Select
Absolute
Return
5.1% Commercial Property
Euro Govt. Bonds
29.9% Euro Corp Bonds
Insight Currency
6.7% Abs Ret - Currency
Magnet Absolute
10.0% Abs Ret - Market Neutral
9.8% Abs Ret - Global Bonds
Fund Manager Diversification 2.9%
29.9% Euro Corp Bond
74.4%
4.2%
9.67%
2.8%
1.9%
F&C
KBI
Capital
Investm
New Fund
SSgA
Deutsche Bank
Cash
Fund Manager Split
Fund Manager Style Split
74.4%
F&C
25.6% BMO
4.2%
KBI
22.3% KBI
6.7%
7.0%
Alder
Capital
Alder
Capital
11.1% SSgA
10.0%
Insight Investments
7.6%
Deutsche Bank
19.3%
2.8%
Friends
First
SSgA
7.1%
LGM Investments
1.9%
26.5%
Absolute Return
16.7% Absolute Return
72.2%
70.7%
Actively
Manag
Actively
Managed
11.1% Passive Funds
2.8%
Passive Funds
Deutsche Bank
Warning: Past performance is not a reliable guide to future performance.
Warning: The value of your investment may go down as well as up.
Warning: Funds may be affected by changes
in currency
exchange rates.
Absolute
Return
26.5%
Warning: If you invest in this product you may lose some or all of the money you invest.
70.7%
Actively Managed
Friends First is part of achmea.
Friends First Life Assurance Company dac is regulated by the Central Bank of Ireland.
Information source: Friends First, asset information as at 30.06.2016/performance details as at 01.07.2016 unless otherwise stated.
The information in this leaflet is intended for use by retail investment customers and is based on our understanding of current law and Revenue practice.
2.8%
Passive Funds
9