Fact sheet: Zurich HSBC Gilt & Fxd Int Pn

Fund information
Fund name
Zurich HSBC Gilt & Fixed Interest Pn AP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Kate Morrisseysince 31/01/2014
  • Amrita Sanyalsince 01/12/2014
Underlying fund
HSBC Gilt & Fixed Interest
Fund objective
This fund aims to provide a high quarterly income. The fund invests in British Government bonds but also invests in other fixed interest securities.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6%
1 Year rank in sector
82/178
Sector
PN UK Gilts
Yield
-
Fund size
£0m (£0m 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.
51
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

  • UK94.9%
    Netherlands2.3%
    Australia1.4%
    Money Market0.9%
    Not Specified0.6%
  • Long dated bonds57.2%
    Short dated bonds34.8%
    Medium dated bonds7.9%
  • UK Fixed Interest94.9%
    Dutch Fixed Interest2.3%
    Australian Fixed Interest1.4%
    Cash & Cash Equivalents0.9%
    Others0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-7.4%1.5%6%18.4%19.4%
Sector-1.6%-7.5%2.2%6.4%20%20.9%
Rank within sector143 / 17988 / 178100 / 17882 / 17889 / 17063 / 155
Quartile4th2nd3rd2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.8%-0.3%12.5%-4.4%1.8%
Sector7.8%-0.3%13.3%-4.8%2.3%
Rank within sector102 / 178104 / 17554 / 17044 / 16488 / 155
Quartile3rd3rd2nd2nd3rd
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.
-0.22
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.
0.98
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.
0.34
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%.
7.22
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.
0.8
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.
-0.41
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 high202.3
52 week low174
Current bid price-
Current offer price-
Current mid price186.2
Region
1UK94.88%
2Netherlands2.32%
3Australia1.36%
4Money Market0.86%
5Not Specified0.58%
Industry sector
1Long dated bonds57.23%
2Short dated bonds34.83%
3Medium dated bonds7.94%
Asset type
1UK Fixed Interest94.88%
2Dutch Fixed Interest2.32%
3Australian Fixed Interest1.36%
4Cash & Cash Equivalents0.86%
5Others0.58%
Individual holdings
1TREASURY 4.75% GILT 202012.96%
2TREASURY 4.5% GILT 07/03/2019 GBP0.0110.82%
3TREASURY 4.25% GILT 07/12/55 GBP0.019.98%
4TREASURY 4.25% GILT 07/06/2032 GBP0.019.89%
5TREASURY 4.25% GILT 7/12/468.35%
6TREASURY 4.25% GILT 07/12/404.91%
7TREASURY 5% GILT 07/03/18 GBP4.81%
8TREASURY 4.25% GILT 7/12/20274.67%
9TREASURY 1.75% GILT 07/09/22 GBP0.014.57%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This fund aims to provide a high quarterly income. The fund invests in British Government bonds but also invests in other fixed interest securities.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Kate Morrissey31/01/2014Kate Morrissey is a fund manager in the global fixed income team and has been working in the industry since 1999. Prior to joing the firm in 2000 Kate worked for RP Martins HSBC. Within HSBC Kate has worked as a fixed income analyst and managed bond portfolios for HSBC's Discretionary Wealth Management business. Subsequently Kate headed the fixed income desk and assumed responsibility for fixed income strategy within the Discretionary Wealth Management business in London. Kate is a CFA charterholder and an Affiliate of the Securities Institute.
Amrita Sanyal01/12/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich HSBC Gilt & Fixed Interest Pn AP
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price186.2
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeA744
Zurich HSBC Gilt & Fixed Interest 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 price134.4
Offer price134.4
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ144
Data provided by

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