Fact sheet: Zurich AXA Frm Mgd Bal Pn

Fund information
Fund name
Zurich AXA Framlington Managed Balanced Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Richard Peirsonsince 01/03/1994
  • Jamie Hoopersince 01/11/2006
Underlying fund
AXA FrmlngtnMgdBal
Fund objective
The fund aims to achieve capital growth through investment in a broad range of securities which, in the manager's opinion, show above average profitability, management quality and growth, balancing risk and return for investors. The securities can be in all or any economic sectors in all or any parts of the world.
Benchmark
  • IA OE Mixed Investment 40-85% Shares
Investment style
Aggressive
Investment method
Mixed
Quick stats
1 Year return
18.8%
1 Year rank in sector
555/860
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn35.1%
FL My Ftr Advantage Gth Pn33.2%
Scot Eq Caerus Pfl DRP 4 Pn33.1%
Scot Eq Sequel Adven Jrny Pn33%
FL My Ftr Adv Gth XE/IE Pn32.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK41.9%
    Europe ex UK16.5%
    North America14.2%
    Money Market10.4%
    Japan5.7%
  • Others25.1%
    Financials13.1%
    Health Care11%
    Industrials10.3%
    Consumer Discretionary10%
  • UK Equities35.2%
    Europe ex UK Equities16.5%
    North American Equities14.2%
    Money Market10.4%
    UK Fixed Interest6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%5.4%4.8%18.8%--
Sector2.1%5.3%5%19%25.4%47.7%
Rank within sector728 / 910547 / 899626 / 898555 / 860--
Quartile4th3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%13.7%---
Sector2.2%14.3%2.2%5.7%13.1%
Rank within sector380 / 899490 / 800---
Quartile2nd3rd
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.
-
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.
-
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.
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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%.
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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.
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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.
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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.
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Price movement
52 week high604.3
52 week low500.3
Current bid price-
Current offer price-
Current mid price599.7
Region
1UK41.86%
2Europe ex UK16.49%
3North America14.17%
4Money Market10.41%
5Japan5.65%
6International3.95%
7Pacific ex-Japan3.9%
8Global Emerging Markets3.58%
Industry sector
1Others25.13%
2Financials13.1%
3Health Care10.98%
4Industrials10.3%
5Consumer Discretionary9.97%
6Information Technology9.75%
7Money Market9.12%
8Energy6.17%
9Consumer Staples5.48%
Asset type
1UK Equities35.15%
2Europe ex UK Equities16.49%
3North American Equities14.17%
4Money Market10.41%
5UK Fixed Interest6.71%
6Japanese Equities5.65%
7Global Fixed Interest3.95%
8Asia Pacific ex Japan Equities3.9%
9Global Emerging Market Equities3.58%
Individual holdings
1AXA FRAMLINGT EMERGING MA3.6%
2ROYAL DUTCH SHELL2.2%
3UNITED KINGDOM GILT 4.75% 7 MAR 20202.2%
4BP PLC1.8%
5JAPAN GOVERNMENT TEN YEAR BOND 0.1% 09/20/20261.7%
6GLAXOSMITHKLINE PLC1.5%
7TREASURY 1% GILT 07/09/17 GBP0.011.5%
8RIO TINTO PLC1.2%
9UNILEVER 24.10.131.2%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to achieve capital growth through investment in a broad range of securities which, in the manager's opinion, show above average profitability, management quality and growth, balancing risk and return for investors. The securities can be in all or any economic sectors in all or any parts of the world.
Benchmark
  • IA OE Mixed Investment 40-85% Shares
Investment style
Aggressive
Investment method
Mixed
Fund managers
NameSinceBiography
Richard Peirson01/03/1994Richard joined AXA Investment Managers in 1994 and is responsible for the management of a number of pension funds, charities and unit trusts. He is lead manager for the AXA Framlington Managed Balanced Fund. Prior to this, he worked briefly as a computer consultant at Arthur Andersen before moving to the City in 1972. From 1975 he worked at Carr Sebag with private clients, moving with the business to Grieveson Grant and then Kleinwort Benson in 1986. From 1991 he was head of UK Active Management and Equity Research, being responsible for both institutional and retail portfolios. He was a member of the KBIM policy committee and an investment trust director. Richard graduated from the University of Liverpool in 1970 with a degree in Computational and Statistical Science.
Jamie Hooper01/11/2006Jamie Hooper joined AXA Investment Managers in November 2006 and is the lead manager responsible for the AXA Framlington UK Growth fund. Jamie joined from Foreign & Colonial (F&C) where he worked initially as a analyst of pan-European financial companies before successfully managing UK equity portfolios for both Institutional and Investment Trust clients (including the ISIS UK Select Trust plc). He joined F&C in 1995 following a career in banking, where Jamie worked for Barclays plc as a senior corporate advances analyst for eight years. Jamie is an Associate of the Chartered Institute of Bankers and the UK Society of Investment Professionals (formerly AIIMR).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich AXA Framlington Managed Balanced 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 price593.8
Offer price593.8
Mid price-
CurrencyGBX
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMUMK
Zurich AXA Framlington Managed Balanced Pn ZP
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price599.7
CurrencyGBX
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMUMJ
Data provided by

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