Fact sheet: Zurich Aq Ov15Y UK GltIdxPn

Fund information
Fund name
Zurich Aquila Over 15 Years UK Gilt Index Pn CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Francis Raynersince 23/03/2017
Underlying fund
BlackRock AqCo Ov 15Y Glt Pn
Fund objective
This fund invests in UK government fixed income securities (gilts) that have a maturity period of 15 years or longer. The fund aims to achieve a return consistent with the FTSE UK Gilts Over 15 Years Index, which is widely regarded as the benchmark for UK pension fund investment in the longer dated end of the UK gilt market.
Benchmark
  • FTSE Actuaries UK Conventional Gilts Over 15 Years
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
13.3%
1 Year rank in sector
50/118
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£246m (£257m 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.
103
Top in this sector
Fund name1 Year
OMW IPL Aviva Lg Dtd Corp Bd Pn44.3%
Stan Life L&G Ov15Yr IL GltIdx Pn30.7%
Pru Sup Lg Idx Lkd Pn22.3%
M&G PP Super Long Index Linked Pn22.2%
OMW M&G PP Lg Dted Corp Bd Pn19.1%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%3.6%6.4%13.3%46.2%49.8%
Sector-0.2%3.5%6.1%13.7%39.7%48.8%
Rank within sector65 / 12349 / 12163 / 12050 / 11812 / 10842 / 100
Quartile3rd2nd3rd2nd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%18.3%1.7%25.1%-5.9%
Sector2.8%17.7%0%21.3%-4.3%
Rank within sector79 / 12060 / 1184 / 11024 / 10560 / 101
Quartile3rd3rd1st1st3rd
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.
-0.29
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.
1.19
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.
0.75
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%.
13.58
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.
3.01
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.
0.55
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.
0.97
Price movement
52 week high923
52 week low745.7
Current bid price-
Current offer price-
Current mid price844.6
Region
1UK100%
Industry sector
1Government Bonds100%
Asset type
1UK Gilts100%
Individual holdings
1TREASURY 4.25% GILT 07/06/2032 GBP0.017.67%
2TREASURY 4.5% GILT 7/9/2034 GBP0.017.42%
3TREASURY 4.25% GILT 07/12/55 GBP0.017.36%
4TREASURY 4.5% GILT 7/12/42 GBP6.78%
5TREASURY 4.25% GILT 07/03/36 GBP0.016.61%
6TREASURY 4% GILT 22/01/60 GBP0.016.54%
7TREASURY 4.75% GILT 07/12/38 GBP6.38%
8TREASURY 3.5% GILT 22/01/45 GBP6.16%
9TREASURY 4.25% GILT 7/12/465.93%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This fund invests in UK government fixed income securities (gilts) that have a maturity period of 15 years or longer. The fund aims to achieve a return consistent with the FTSE UK Gilts Over 15 Years Index, which is widely regarded as the benchmark for UK pension fund investment in the longer dated end of the UK gilt market.
Benchmark
  • FTSE Actuaries UK Conventional Gilts Over 15 Years
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Francis Rayner23/03/2017Francis Rayner, Vice President, is a member of BlackRock's Fixed Income Portfolio Solutions group. His service with the firm dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to joining BGI, he spent six years working for Prudential M&G and International Financial Data Services as a client relationship manager. Francis earned a BSc in Mathematics from Lancaster University in 1999 and holds the CharteredInstitute for Securities & Investment Diploma.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Aquila Over 15 Years UK Gilt Index Pn 16 ZP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price921.3
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeL1S3
Zurich Aquila Over 15 Years UK Gilt Index Pn CS1
Initial charge-
Annual charge0.08%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price844.6
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code061E
Zurich Aquila Over 15 Years UK Gilt Index 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 price214.3
Offer price214.3
Mid price-
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeZ118
Zurich Aquila Over 15 Years UK Gilt Index Pn ZP
Initial charge-
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price226.8
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ046
Data provided by

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