Fact sheet: Zurich Fidelity Index World Pn

Fund information
Fund name
Zurich Fidelity Index World Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Geode Capital Managementsince 10/12/2012
Underlying fund
Fidelity Index World
Fund objective
The underlying fund aims to achieve long term capital growth by closely matching the performance of the MSCI World Index. It does this by investing in securities that represent that Index. The fund may use stock index futures in order to manage its cash position.
Benchmark
  • MSCI World Net Total Return
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
27%
1 Year rank in sector
136/961
Sector
PN Global Equities
Yield
-
Fund size
£0m
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.
100
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA59.2%
    Japan9.2%
    UK6.8%
    Others5.7%
    France3.7%
  • Financials16.8%
    Information Technology15.1%
    Consumer Discretionary12.5%
    Health Care12.2%
    Industrials11.1%
  • US Equities59.2%
    Japanese Equities9.2%
    UK Equities6.8%
    International Equities5.7%
    French Equities3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%6.3%20%27%--
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector223 / 1039167 / 1035178 / 1025136 / 961--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund25.2%4.4%---
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector163 / 963399 / 921---
Quartile1st2nd
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 high728.2
52 week low515.6
Current bid price-
Current offer price-
Current mid price721.7
Region
1USA59.2%
2Japan9.2%
3UK6.8%
4Others5.7%
5France3.7%
6Canada3.6%
7Germany3.4%
8Switzerland3.2%
9Australia2.7%
Industry sector
1Financials16.8%
2Information Technology15.1%
3Consumer Discretionary12.5%
4Health Care12.2%
5Industrials11.1%
6Consumer Staples10.4%
7Energy6.8%
8Materials5%
9Telecommunications Utilities3.4%
Asset type
1US Equities59.2%
2Japanese Equities9.2%
3UK Equities6.8%
4International Equities5.7%
5French Equities3.7%
6Canadian Equities3.6%
7German Equities3.4%
8Swiss Equities3.2%
9Australian Equities2.7%
Individual holdings
1APPLE INC1.87%
2MICROSOFT CORP1.34%
3FIDELITY INSTITUTIONAL LIQUIDITY FD UNITED STATES DOLLAR FD DISTRIBUTION NAV1.3%
4EXXON MOBIL CORP1.05%
5JOHNSON & JOHNSON0.95%
6AMAZON.COM INC0.93%
7FACEBOOK INC0.91%
8GENERAL ELECTRIC CO.0.81%
9JPMORGAN CHASE & CO0.76%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The underlying fund aims to achieve long term capital growth by closely matching the performance of the MSCI World Index. It does this by investing in securities that represent that Index. The fund may use stock index futures in order to manage its cash position.
Benchmark
  • MSCI World Net Total Return
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Geode Capital Management10/12/2012Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Fidelity Index World 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 price709.9
Offer price709.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQKO
Zurich Fidelity Index World Pn ZP
Initial charge-
Annual charge0.2%
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 price721.7
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQKN
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.