Fact sheet: Zurich Balanced Managed Pn

Fund information
Fund name
Zurich Balanced Managed Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Alex Lylesince 31/03/2008
  • Mark Burgesssince 01/01/2011
Underlying fund
Threadneedle Mgd Eq Focused
Fund objective
This fund aims to maintain a spread of investments both by asset type (equities, properties, gilt edged and fixed interest securities and deposits) and by economy (United Kingdom, United States, Japan etc) to produce real growth over the long term. The fund is managed by Threadneedle Asset Management. Other fund managers manage components of the fund, the most significant being BlackRock with typically 15 to 20 percent of the fund's assets held in their passive managed unit trusts.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
18.8%
1 Year rank in sector
451/862
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£33m (£35m 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.
68
Top in this sector
Fund name1 Year
FL My Ftr Advantage Gth Pn31.7%
BlackRock LGIM Oseas Consn Idx Pn31.5%
FL My Ftr Adv Gth XE/IE Pn31.1%
Scot Eq Ext Bal Coll (ex MLC) Pn29.5%
Scot Eq Sequel Adven Jrny Pn28.8%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK40.1%
    North America14.1%
    Europe ex UK13.7%
    International13.6%
    Money Market7.3%
  • Equities72.4%
    Fixed Interest19.2%
    Money Market7.3%
    Others1.1%
  • UK Equities28.3%
    North American Equities14.1%
    Europe ex UK Equities13.7%
    UK Fixed Interest11.8%
    Global Fixed Interest7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%4.4%6.6%18.8%35.2%65%
Sector1%4.3%5.8%17.8%27.8%49.1%
Rank within sector571 / 904461 / 893439 / 892451 / 86285 / 70544 / 612
Quartile3rd3rd2nd3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.7%15.9%5.8%7%16.8%
Sector3.4%14.3%2.2%5.7%13.1%
Rank within sector446 / 893356 / 79451 / 747119 / 689121 / 662
Quartile2nd2nd1st1st1st
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.
2.51
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.
0.92
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.
0.97
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%.
6.65
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.
1.46
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.
1.3
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.
0.96
Price movement
52 week high1060
52 week low870.2
Current bid price-
Current offer price-
Current mid price1044.9
Region
1UK40.1%
2North America14.1%
3Europe ex UK13.7%
4International13.6%
5Money Market7.3%
6Far East ex Japan4.9%
7Japan4.5%
8Others1.1%
9Latin America0.7%
Industry sector
1Equities72.4%
2Fixed Interest19.2%
3Money Market7.3%
4Others1.1%
Asset type
1UK Equities28.3%
2North American Equities14.1%
3Europe ex UK Equities13.7%
4UK Fixed Interest11.8%
5Global Fixed Interest7.4%
6Money Market7.3%
7International Equities6.2%
8Asia Pacific ex Japan Equities4.9%
9Japanese Equities4.5%
Individual holdings
1THREADNEEDLE INVESTMENT FUNDS ICVC - AMERICAN FUND ACCUM RETAIL 1 GBP12.2%
2THREADNEEDLE INVESTMENT FUNDS ICVC - UK FUND RETAIL 1 GBP9.1%
3THREADNEEDLE EUROPEAN FUND8.2%
4THREADNEEDLE UK SELECT FUND6.8%
5THREADNEEDLE GLOBAL BOND FUND4.9%
6THREADNEEDLE UK CORPORATE BOND FUND4.6%
7THREADNEEDLE JAPAN FUND4.5%
8THREADNEEDLE UK EQUITY ALPHA INCOME FUND3.3%
9THREADNEEDLE UK GROWTH & INCOME FUND3.2%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This fund aims to maintain a spread of investments both by asset type (equities, properties, gilt edged and fixed interest securities and deposits) and by economy (United Kingdom, United States, Japan etc) to produce real growth over the long term. The fund is managed by Threadneedle Asset Management. Other fund managers manage components of the fund, the most significant being BlackRock with typically 15 to 20 percent of the fund's assets held in their passive managed unit trusts.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Alex Lyle31/03/2008Alex Lyle is Threadneedle’s Head of Managed Funds. In 1980, he joined Hambros Bank’s unit trust division, which was acquired by Allied Dunbar in 1981 and subsequently became part of Threadneedle Investments in 1994. He managed UK equity portfolios for more than 20 years. He was appointed joint head of Threadneedle’s Pan European equity team in December 1999 and then Head of Managed funds in May 2003. In this role he takes responsibility for a large number of our managed funds, is a member of the asset allocation committee and is a key investment contact between Threadneedle and some of our major clients.
Mark Burgess01/01/2011Mark is Chief Investment Officer, EMEA and Global Head of Equities. In his role he is responsible for the investment performance for all EMEA investment strategies and for equities globally. He chairs the company’s Asset Management Committee and is a statutory Board member. He joined the company in November 2010. Prior to joining the company Mark was Head of Equities at Legal and General Investment Management. Before joining LGIM, Mark held senior roles at Morgan Grenfell Asset Management and Deutsche Asset Management. He gained a degree in Economics and Philosophy from Keele University and is an associate of the Institute of Investment Management and Research. He is a Director of the Investor Forum and a trustee of two charities, Access Sport and LIFEbeat.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Balanced Managed Pn EP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.16%
Bid price-
Offer price-
Mid price330.8
CurrencyGBX
Price updated22/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEB45
Zurich Balanced Managed 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 price933.1
Offer price933.1
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWH9
Zurich Balanced Managed Pn Inet GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price276.5
Offer price276.5
Mid price-
CurrencyGBX
Price updated22/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ215
Zurich Balanced Managed Pn ZP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price1044.9
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVR7
Data provided by

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