Fact sheet: Zurich DtshMgdStlgPn

Fund information
Fund name
Zurich Deutsche Managed Sterling Pn AP Cap
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Harm Carstenssince 01/01/2003
No data available.
Fund objective
To provide a high level of current income while preserving capital by investing in a diversified portfolio of Sterling denominated short-term debt and debt related instruments.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-3.7%
1 Year rank in sector
236/241
Sector
PN Money Market
Yield
-
Fund size
£35m (£36m 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.
1
Bid price
376
Offer price
395.8
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

  • Netherlands16.1%
    France15.4%
    Australia13.9%
    Germany10.9%
    UK8.5%
  • Banks58.6%
    Money Market21.7%
    Government Bonds9.7%
    Government Agency Bonds5.5%
    Financials2.5%
  • Money Market51.8%
    Others24.7%
    Convertibles23.5%
    Cash & Cash Equivalents0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-1%-1.9%-3.7%-10.8%-17.2%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector240 / 249239 / 246242 / 247236 / 241221 / 226208 / 213
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.5%-3.7%-3.7%-3.8%-3.6%
Sector0.5%0%0.4%0.2%0.3%
Rank within sector237 / 242223 / 229220 / 226215 / 220208 / 213
Quartile4th4th4th4th4th
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.
-3.75
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.
0.03
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
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%.
0.08
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.
0.27
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.
-15.31
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.
0.01
Price movement
52 week high390.5
52 week low376.1
Current bid price376
Current offer price395.8
Current mid price-
Region
1Netherlands16.12%
2France15.38%
3Australia13.92%
4Germany10.88%
5UK8.5%
6Sweden5.67%
7Canada5.01%
8Switzerland4.61%
9Qatar4.16%
Industry sector
1Banks58.61%
2Money Market21.7%
3Government Bonds9.68%
4Government Agency Bonds5.46%
5Financials2.53%
6Corporate Bonds2.02%
Asset type
1Money Market51.79%
2Others24.68%
3Convertibles23.5%
4Cash & Cash Equivalents0.03%
Individual holdings
1LLOYDS BANK PLC FLTG RTE CVD BDS 22/3/17 GBP 12-151.34%
2Nordea Bank 13.12.161.32%
3TREASURY 0% TSY BILL 23/01/17 GBP11.32%
4Toronto Dominion Bank (London Branch) 08.09.17 CD1.32%
5A.N.Z. Banking Group 13.03.171.25%
6Danske Bank 06.03.17 CD1.06%
7National Australia Bank 16/14.09.17 MTN1.06%
8National Bank of Abu Dhabi 06.03.17 CD1.06%
9OVERSEA-CHINESE BANKING CORPORATION LTD1.06%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
To provide a high level of current income while preserving capital by investing in a diversified portfolio of Sterling denominated short-term debt and debt related instruments.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Harm Carstens01/01/2003Harm Carstens is a Head of Short-term Money Market Funds Europe and lead PM for DGLS EUR and GBP. He worked in Money market fund manager: Frankfurt - Joined the Company in February 1999; from 1999 to 2001 worked for Deutsche Bank Global Markets Research in Frankfurt and London covering European economics and ECB watching. He was also member of Deutsche Bank's Sovereign Debt Restructuring team. Prior to that worked a year for the Kiel Institute of World Economics. He holds an Economics degree (Diplom-Volkswirt) from the University of Kiel, Germany, and also studied at the University of Glasgow, United Kingdom. He is a CFA-Charterholder since 2006.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Deutsche Managed Sterling Pn 1% AP Acc
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price462.2
Offer price486.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8Z0
Zurich Deutsche Managed Sterling Pn AP
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price519.2
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVQ9
Zurich Deutsche Managed Sterling Pn AP Acc
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price469.2
Offer price493.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8Z1
Zurich Deutsche Managed Sterling Pn AP Cap
Initial charge-
Annual charge4.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)4.35%
Bid price376
Offer price395.8
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8Z2
Zurich Deutsche Managed Sterling Pn CS1
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price512.1
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code06TA
Zurich Deutsche Managed Sterling Pn EP
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price519.2
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVR0
Zurich Deutsche Managed Sterling 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 price101.6
Offer price101.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGT3
Zurich Deutsche Managed Sterling Pn ZP
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price109.6
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGT2
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.