Fact sheet: Zurich 7IM AAP Income Pn

Fund information
Fund name
Zurich 7IM AAP Income Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • 7IM Investment Teamsince 12/12/2003
Underlying fund
7IM AAP Income
Fund objective
This Fund aims to provide a balance of income and capital appreciation by applying active asset allocation techniques to passive investments. There may be some risk to capital. The fund aims to generate an above average level of income. While income levels may vary according to the economic and market environment, the managers have flexibility to earn income from a wide range of sources across different asset classes, and will invest in assets and strategies that can generate attractive income, while remaining within the defined risk profile for the fund.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
No data available.
Quick stats
1 Year return
15.6%
1 Year rank in sector
253/531
Sector
PN Specialist
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.
43
Top in this sector
Fund name1 Year
Scot Eq Technology Pn59.2%
SIP Fidelity Gbl Technology Pn57.5%
FL AXA Framlington Gbl Tech AP54.7%
Zurich AXAFramGblTechPn53.8%
OMW AXA Framlington Gbl Tech53.7%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • International30.6%
    Not Specified29.3%
    Global Emerging Markets12.9%
    Money Market7.9%
    UK7.1%
  • No data available.
  • Money Market16.8%
    Global High Yield Fixed Interest14.4%
    Global Emerging Market Fixed Interest13.1%
    Alternative Investment Strategies11.8%
    Global Corporate Fixed Interest10.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%0.5%4.5%15.6%18.7%38.6%
Sector1.6%1.5%5.8%15.1%25.3%49.5%
Rank within sector368 / 554416 / 554335 / 549253 / 531234 / 395188 / 333
Quartile3rd4th3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.6%12.2%-6.1%5.5%
Sector3.6%11.6%2%7.2%11%
Rank within sector352 / 550222 / 514314 / 449181 / 387216 / 360
Quartile3rd2nd3rd2nd3rd
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.
-1.2
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.
0.94
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.
0.41
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%.
6.06
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.
2.45
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.
-0.69
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.
0.84
Price movement
52 week high189.9
52 week low163.4
Current bid price-
Current offer price-
Current mid price189.3
Region
1International30.6%
2Not Specified29.32%
3Global Emerging Markets12.9%
4Money Market7.9%
5UK7.1%
6North America6%
7Europe4.1%
8Others1.88%
9Pacific ex-Japan0.2%
Industry sector
No data available.
Asset type
1Money Market16.8%
2Global High Yield Fixed Interest14.4%
3Global Emerging Market Fixed Interest13.1%
4Alternative Investment Strategies11.8%
5Global Corporate Fixed Interest10.7%
6UK Equities7.2%
7Private Equity5%
8European Equities4.2%
9North American Equities4.2%
Individual holdings
1ISHARES III PLC EMERGING MARKETS LOCAL GOVT BOND ETF $ DIST USD6.52%
2ISHARES III PLC EMERGING MARKETS LOCAL GOVT BOND ETF $ DIST USD6.52%
3L&G EMERGING MARKETS GOVERNMENT BOND LOCAL CURRENCY INDEX I INC4.84%
4GO UCITS ETF SOLUTIONS PLC LOIM EMERGING GOVERNMENT GBX4.63%
57IM UK EQUITY VALUE Z INC4.11%
6MONUMENT BOND I GR INC GBP4.02%
7DYNAMIC BOND I GR INC GBP3.85%
8UNITED STATES OF AMER TREAS NOTES 2.25% BDS 15/02/27 USD10003.76%
9CARADOR INCOME PLC ORD USD3.3%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This Fund aims to provide a balance of income and capital appreciation by applying active asset allocation techniques to passive investments. There may be some risk to capital. The fund aims to generate an above average level of income. While income levels may vary according to the economic and market environment, the managers have flexibility to earn income from a wide range of sources across different asset classes, and will invest in assets and strategies that can generate attractive income, while remaining within the defined risk profile for the fund.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
No data available.
Fund manager
NameSinceBiography
7IM Investment Team12/12/2003
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich 7IM AAP Income Pn Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price165
Offer price165
Mid price-
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ238
Zurich 7IM AAP Income Pn ZP
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price189.3
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ003
Data provided by

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