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 Gbl Eq & Bd
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
Balanced
Investment method
No data available.
Quick stats
1 Year return
11.1%
1 Year rank in sector
397/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£35m (£34m 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.
66
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.2%
Scot Eq Ext Bal Coll (ex MLC) Pn22%
FL My Ftr Adv Gth XE/IE Pn21.6%
FL My Ftr Advantage Gth Pn21.3%
Scot Eq Caerus Pfl DRP 4 Pn20.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK40.8%
    International14.2%
    Europe ex UK13.4%
    North America13.4%
    Money Market6.2%
  • Equities71.9%
    Fixed Interest20.6%
    Money Market6.2%
    Others1.2%
    Hedge0.1%
  • UK Equities28.2%
    Europe ex UK Equities13.4%
    North American Equities13.4%
    UK Fixed Interest12.6%
    Global Fixed Interest8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%0.2%9.6%11.1%27.7%63.3%
Sector-2.2%-0.5%9.1%10.3%20.2%49.6%
Rank within sector648 / 912506 / 912473 / 894397 / 79453 / 69168 / 595
Quartile3rd3rd3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11.2%5.8%7%16.8%10.7%
Sector10.6%2.2%5.7%13.1%9.9%
Rank within sector436 / 80051 / 753121 / 692120 / 661224 / 596
Quartile3rd1st1st1st2nd
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.
2.85
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.
0.88
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%.
6.73
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.
1.53
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.
1.59
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.
0.95
Price movement
52 week high1007.1
52 week low812
Current bid price-
Current offer price-
Current mid price967.8
Region
1UK40.8%
2International14.2%
3Europe ex UK13.4%
4North America13.4%
5Money Market6.2%
6Far East ex Japan5.1%
7Japan4.8%
8Others1.2%
9Latin America0.8%
Industry sector
1Equities71.9%
2Fixed Interest20.6%
3Money Market6.2%
4Others1.2%
5Hedge0.1%
Asset type
1UK Equities28.2%
2Europe ex UK Equities13.4%
3North American Equities13.4%
4UK Fixed Interest12.6%
5Global Fixed Interest8%
6International Equities6.2%
7Money Market6.2%
8Asia Pacific ex Japan Equities5.1%
9Japanese Equities4.8%
Individual holdings
1THREADNEEDLE INVESTMENT FUNDS ICVC - AMERICAN FUND CLASS 1 NET RETAIL GBP ACCUM.SHS11.5%
2THREADNEEDLE INVESTMENT FUNDS ICVC - UK FUND RETAIL CLASS NET GBP9.3%
3THREADNEEDLE EUROPEAN FUND7.9%
4THREADNEEDLE UK SELECT FUND6.4%
5THREADNEEDLE GLOBAL BOND FUND5.3%
6THREADNEEDLE UK CORPORATE BOND FUND5%
7THREADNEEDLE JAPAN FUND4.8%
8THREADNEEDLE ASIA FUND4%
9THREADNEEDLE UK EQUITY ALPHA INCOME FUND3.3%
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
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Alex Lyle31/03/2008Alex Lyle is Head of Managed Funds, EMEA. In this role he takes responsibility for a large number of the company’s managed funds, is a member of the Asset Allocation Committee and is a key investment contact between the company and a number of its major clients. He joined the company in 1994 and was appointed Joint Head of UK / European Equity teams in 1999 and became Head of Managed Funds in 2003. Alex started his career at Hambros Bank’s¹ Unit Trust Division, which was acquired by Allied Dunbar² in 1981 and subsequently became part of Threadneedle Asset Management Limited in 1994. He managed UK equity portfolios for more than 20 years. He has a degree in Geography from Oxford University.
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)0.2%
Bid price-
Offer price-
Mid price306.8
CurrencyGBX
Price updated01/12/2016
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 price868.7
Offer price868.7
Mid price-
CurrencyGBX
Price updated01/12/2016
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 price257.2
Offer price257.2
Mid price-
CurrencyGBX
Price updated01/12/2016
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)0.06%
Bid price-
Offer price-
Mid price967.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVR7
Data provided by

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