Fact sheet: Zurich AquilaUto5YrIxLkdGltIxPn

Fund information
Fund name
Zurich Aquila Up to 5 Year Index Linked Gilt Index Pn CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Stephen Walkersince 24/11/2014
Underlying fund
BlackRock AqConUpt5yrIdLkGtIndPn
Fund objective
The fund invests in UK government index-linked fixed income securities (index-linked gilts) that have a maturity period of less than 5 years. The fund aims to achieve a return consistent with the FTSE UK Gilts Index-Linked Up To 5 Years Index, which is widely regarded as the benchmark for UK pension fund investment in the shorter dated end of the UK Index-Linked gilt market.
Benchmark
  • FTSE Inflation Linked Gilt Index, Less than 5 years
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
3.4%
1 Year rank in sector
145/147
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn33.1%
SSgA UK Idx Lkd Gilt Nov2055 Pn26.2%
SSgA UK Idx Lkd Glt Mar 2050 Pn25.4%
L&G Ovr 15Yr IdxLkd GltsIdx Pn24.5%
SSgA MPF Ovr 15Y IL Gilt Pn24.5%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.4%2.3%3.4%--
Sector-3.5%-5.2%14.4%17.8%40.7%48.5%
Rank within sector3 / 1522 / 151145 / 151145 / 147--
Quartile1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund3.7%----
Sector21.7%-1.5%18.7%0.1%-0.1%
Rank within sector148 / 148----
Quartile4th
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%.
-
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.
-
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.
-
Price movement
52 week high518.1
52 week low497.6
Current bid price-
Current offer price-
Current mid price516.3
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund invests in UK government index-linked fixed income securities (index-linked gilts) that have a maturity period of less than 5 years. The fund aims to achieve a return consistent with the FTSE UK Gilts Index-Linked Up To 5 Years Index, which is widely regarded as the benchmark for UK pension fund investment in the shorter dated end of the UK Index-Linked gilt market.
Benchmark
  • FTSE Inflation Linked Gilt Index, Less than 5 years
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Stephen Walker24/11/2014Steve Walker, Director and portfolio manager, is a member of the Beta Strategies Group. Within Beta Strategies, Mr. Walker is head of the Index Asset Allocation team in EMEA. Mr. Walker's service with the firm dates back to 2007, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Client Solutions team. Prior to joining BGI, Mr. Walker was a portfolio manager in the discretionary investment team at Coutts & Co bank for over 12 years.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Aquila Up to 5 Year Index Linked 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)-
Bid price-
Offer price-
Mid price516.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMD3T
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.