Fact sheet: Zurich Gilt Pn

Fund information
Fund name
Zurich Gilt Pn AP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Dave Chappellsince 30/09/2014
Underlying fund
Threadneedle Stg Bd
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in UK Government bonds (which are similar to a loan and pay a fixed or variable interest rate) as well as bonds issued in British Pounds by governments worldwide and large international organizations such as the World Bank or the International Monetary Fund. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.8%
1 Year rank in sector
40/178
Sector
PN UK Gilts
Yield
-
Fund size
£2m
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.
49
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn17.2%
AEGON UK Long Gilt Pn13.4%
AXA Wealth Teams Act UK Lg Glts Pn13.3%
Zurich Long Dated Gilt Pn12.3%
FL TMLgGltTra EP12.2%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK98.1%
    Money Market1.9%
  • Long dated bonds49.4%
    Medium dated bonds18.1%
    Short dated bonds16.5%
    Very short dated bonds14.1%
    Money market1.9%
  • UK Gilts98.1%
    Money Market1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-7.5%1.6%6.8%21.6%24.6%
Sector-1.6%-7.5%2.2%6.4%20%20.9%
Rank within sector136 / 179102 / 17894 / 17840 / 17835 / 17021 / 155
Quartile4th3rd3rd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7.7%0.6%13.6%-4.2%3.1%
Sector7.8%-0.3%13.3%-4.8%2.3%
Rank within sector59 / 17834 / 17528 / 17033 / 16419 / 155
Quartile2nd1st1st1st1st
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.
0.62
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.
1
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.
0.47
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%.
7.34
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.
0.81
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.
0.74
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.
0.99
Price movement
52 week high249.5
52 week low212.8
Current bid price-
Current offer price-
Current mid price229.4
Region
1UK98.1%
2Money Market1.9%
Industry sector
1Long dated bonds49.4%
2Medium dated bonds18.1%
3Short dated bonds16.5%
4Very short dated bonds14.1%
5Money market1.9%
Asset type
1UK Gilts98.1%
2Money Market1.9%
Individual holdings
1TREASURY 1.75% GILT 22/01/17 GBP0.017.4%
2TREASURY 3.5% GILT 22/01/45 GBP6.9%
3TREASURY 4.75% GILT 07/12/30 GBP6.1%
4UK TREASURY 1.00 07/09/17 (GBP)6.1%
5TREASURY 3.25% GILT 22/01/44 GBP0.015.6%
6TREASURY 2% GILT 07/09/25 GBP0.015.3%
7TREASURY 1.5 GILT 22/01/21 GBP0.015%
8TREASURY 4.5% GILT 7/9/2034 GBP0.015%
9TREASURY 3.5% GILT 22/07/68 GBP0.014.5%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in UK Government bonds (which are similar to a loan and pay a fixed or variable interest rate) as well as bonds issued in British Pounds by governments worldwide and large international organizations such as the World Bank or the International Monetary Fund. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Dave Chappell30/09/2014Dave Chappell is a Senior Portfolio Manager in the interest rate and currency team within Fixed Income and is at the core of US and UK rate and economic forecasting for the company. Dave manages a broad range of US and UK fixed income mandates for numerous insurance companies. He also manages a number of global government portfolios. Dave joined the company in 1997 when Scudder Investments became part of Threadneedle Asset Management Limited. He joined Scudder Investments as a fixed income dealer, and in 1997 became an Insurance Asset Portfolio Manager. He started his career in 1987 at Royal Bank of Scotland as an Operations Supervisor before moving to Irving Trust company as an Operations Manager.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Gilt Pn
Initial charge-
Annual charge0.11%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price949.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI1D8
Zurich Gilt Pn AP
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 price229.4
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeAH72
Zurich Gilt 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 price190.8
Offer price190.8
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ145
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.