Fact sheet: Zurich Cash Retirement Pn

Fund information
Fund name
Zurich Cash Retirement Pn ZP13
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund is designed by Mercer Limited for investors planning to retire and transfer their assets into cash at that point. It invests in one or more actively-managed funds to produce a portfolio of high quality short-term Sterling denominated money market instruments. These assets aim to maintain a cash-based level of income with preservation of capital and easy access. Derivatives may be used for investment purposes as well as risk reduction.
Benchmark
No data available.
Investment style
None
Investment method
None
Quick stats
1 Year return
0.2%
1 Year rank in sector
74/241
Sector
PN Money Market
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn16.5%
ReAssure HL FxIntPn Stf Pn9.8%
ReAssure HL FxIntPnStf LS Pn9.8%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Money Market100%
  • Money Market81.6%
    Global Fixed Interest13.8%
    Global Government Fixed Interest3.1%
    Others1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.1%0.2%--
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector58 / 24983 / 24685 / 24774 / 241--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%----
Sector0.5%0%0.4%0.2%0.3%
Rank within sector76 / 242----
Quartile2nd
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.
-
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.
-
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 high501.5
52 week low500.4
Current bid price-
Current offer price-
Current mid price501.5
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market81.56%
2Global Fixed Interest13.82%
3Global Government Fixed Interest3.12%
4Others1.5%
Individual holdings
1TREASURY 0% TSY BILL 17/10/16 GBP13.1%
2 HSBC BANK PLC FRN 25/07/17 GBP1.41%
3HSBC BANK PLC FRN 18/03/17 GBP1.16%
4 DEXIA CREDIT LOCAL - (ST) GTD1.08%
5SUMITOMO MITSUI BANKING CORP0.75%
6 OVERSEA CHINESE BANKING CORP LTD (UK BRANCH)0.68%
7COMMONWEALTH BANK OF AUSTRALIA FRN 09/12/16 GBP1000000.6%
8OVERSEA-CHINESE BANKING CORP0.59%
9COMMONWEALTH BANK OF AUSTRALIA FRN 13/01/17 GBP1000000.57%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This fund is designed by Mercer Limited for investors planning to retire and transfer their assets into cash at that point. It invests in one or more actively-managed funds to produce a portfolio of high quality short-term Sterling denominated money market instruments. These assets aim to maintain a cash-based level of income with preservation of capital and easy access. Derivatives may be used for investment purposes as well as risk reduction.
Benchmark
No data available.
Investment style
None
Investment method
None
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Cash Retirement Pn ZP13
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 price501.5
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK2R
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.