Fact sheet: Zurich Fidelity UK Gilt Pn

Fund information
Fund name
Zurich Fidelity UK Gilt Pn CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Ian Fishwicksince 17/11/2008
  • Timothy Fostersince 06/07/2015
Underlying fund
Fidelity Inst UK Gilt
Fund objective
The fund’s investment objective is to achieve both capital growth and income. The fund will invest primarily in UK gilts. The fund may also invest in other fixed interest securities
  • FTSE A UK Gilts All-Stock
Investment style
Investment method
Fixed Interest
Quick stats
1 Year return
1 Year rank in sector
PN UK Gilts
Fund size
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.
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn28.1%
Stan Life VanUK Long DurGtIdx Pn20.4%
BlackRock DC AqOv 15 Y Glt Idx HP19.9%
SSgA MPF >15 Yr Conv Gilt Net Pn19.9%
Invesco Long Gilt Pn19.6%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK83.2%
    Middle East/ Africa2.9%
  • Government Bonds71.8%
    Investment Grade Bonds8.6%
    Investment Grade Government Bonds3.2%
    Asset/Mortgage-Backed Securities1.5%
  • UK Gilts71.8%
    UK Fixed Interest26.6%
    Money Market0.9%
    UK Corporate Fixed Interest0.5%
    Alternative Investment Strategies0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector12 / 1778 / 17723 / 17730 / 177--
Calendar performance
 YTD - 20162015201420132012
Rank within sector47 / 17762 / 174---
Risk statistics
?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 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.
?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 (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.
?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 high594.7
52 week low503.7
Current bid price-
Current offer price-
Current mid price566.4
3Middle East/ Africa2.85%
7Asia Pacific ex Japan1.23%
Industry sector
1Government Bonds71.75%
3Investment Grade Bonds8.59%
4Investment Grade Government Bonds3.18%
5Asset/Mortgage-Backed Securities1.47%
7Money Market0.85%
8High Yield Bond0.54%
9Foreign Exchange0.29%
Asset type
1UK Gilts71.75%
2UK Fixed Interest26.57%
3Money Market0.85%
4UK Corporate Fixed Interest0.54%
5Alternative Investment Strategies0.29%
Individual holdings
1TREASURY 4.25% GILT 7/9/39 GBP0.0110.69%
2TREASURY 1% GILT 07/09/17 GBP0.018.63%
3TREASURY 3.25% GILT 22/01/44 GBP0.018.45%
4TREASURY 4.5% GILT 7/9/2034 GBP0.017.6%
5TREASURY 3.75% GILT 22/07/52 GBP0.016.61%
6TREASURY 3.75% GILT 07/09/21 GBP5%
7TREASURY 4% GILT 07/03/22 GBP0.014.91%
8TREASURY 3.75% GILT 07/09/19 GBP0.014.88%
9TREASURY 4% GILT 7/09/20163.88%
Fund manager group
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund’s investment objective is to achieve both capital growth and income. The fund will invest primarily in UK gilts. The fund may also invest in other fixed interest securities
  • FTSE A UK Gilts All-Stock
Investment style
Investment method
Fixed Interest
Fund managers
Ian Fishwick17/11/2008Ian Fishwick is responsible for managing Fidelity’s sterling bond strategies including separate accounts for institutional investors. Ian has 29 years of investment experience and has worked for Fidelity for the past 9 years. He has been a portfolio manager for over 25 years. Ian has held a range of senior positions within the asset management industry including: Head of UK Fixed Income at Credit Suisse Asset Management, Chief Investment Officer for Sun Life of Canada’s UK asset management business, Head of Fixed Income for Sun Life of Canada, and Portfolio Manager for Confederation Life. He has a Masters Degree in Natural Sciences from Cambridge University and is a Fellow of the Institute of Actuaries.
Timothy Foster06/07/2015Tim Foster is a Portfolio Manager within Fidelity International’s London-based fixed income team managing various money market and short-term bond funds. Tim joined Fidelity in 2003 as a Quantitative Analyst and progressed to become a Portfolio Manager in 2007. He has a BA MSc in Natural Sciences from Cambridge University and is a CFA Charterholder. He also has a Certificate in Quantitative Finance.
No data available.
No data available.
Fund for sale in
United Kingdom
Zurich Fidelity UK Gilt Pn CS1
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 price566.4
Price updated19/10/2016
Institutional or retail classRetail
Citi codeKYDO
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