Fact sheet: Zurich Hor MA I Pn

Fund information
Fund name
Zurich Horizon Multi-Asset I Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Alex Lylesince 27/03/2015
Underlying fund
Zurich Horizon Multi-Asset I
Fund objective
The aim of the Fund is to grow the amount invested over the medium to long term and to keep the Fund within a designated risk profile. The Fund invests mainly in other funds (underlying funds) that are managed by Threadneedle Asset Management Limited and its group of companies. Underlying funds will mainly have exposure to fixed income securities, including corporate and government bonds, and will also take exposure to UK equities. The Zurich Horizon Multi-Asset range of funds aims to cater for investors with different risk appetites. The Funds carry staggered risk profiles starting from Zurich Horizon Multi-Asset Fund I and becoming progressively higher in risk through to, Zurich Horizon Multi-Asset Fund V. eValue Ltd, an independent risk profile service provider, using the output from its investment research tools, produces a range of five strategic weightings of asset classes aligned to five risk profiles based on a long term time horizon. eValue updates these weightings on a quarterly basis and Threadneedle will consider the weightings when deciding on the composition of the investment of the Zurich Horizon Multi-Asset range of funds. This Fund is aligned to risk profile 1, which means that it aims to deliver growth through assets that demonstrate moderate price fluctuations, with greater emphasis placed on fixed income securities and lower exposure to equities.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
8.1%
1 Year rank in sector
272/461
Sector
PN Mixed Investment 20%-60% Shares
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.
43
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn31.9%
AXA Wealth TEAMS cl Gvn ptfl VPn22%
AXA Wealth TEAMS cl Gvn ptfl IVPn20.9%
FL Investec Cautious Mgd AP19.2%
Zurich Investec Caut Mgd Pn18.5%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK99.2%
    Money Market0.8%
  • Government Bonds31.1%
    UK Gilts30.5%
    Consumer Goods7.2%
    Consumer Services6.1%
    Industrials5.8%
  • UK Fixed Interest58.9%
    UK Equities40.3%
    Money Market0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-5%3%8.1%--
Sector-0.2%-1.2%6.5%9.5%18.9%39.5%
Rank within sector306 / 528492 / 528445 / 517272 / 461--
Quartile3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.3%2.8%---
Sector9.6%1.3%6%8.3%9.4%
Rank within sector257 / 46289 / 424---
Quartile3rd1st
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 high636.9
52 week low545.2
Current bid price-
Current offer price-
Current mid price603.1
Region
1UK99.19%
2Money Market0.81%
Industry sector
1Government Bonds31.08%
2UK Gilts30.52%
3Consumer Goods7.24%
4Consumer Services6.06%
5Industrials5.79%
6Financials5.47%
7Health Care3.41%
8Oil & Gas2.39%
9Alternative Assets1.45%
Asset type
1UK Fixed Interest58.86%
2UK Equities40.33%
3Money Market0.81%
Individual holdings
1THREADNEEDLE UK INST ACC GBP33.14%
2THREADNEEDLE UK FIXED INTEREST INST ACC29.44%
3THREADNEEDLE STERLING BOND Z GR ACC GBP28.29%
4THREADNEEDLE UK SMALLER COMPANIES INST INC GBP3.14%
5THREADNEEDLE UK SELECT INST INC GBP3.01%
6THREADNEEDLE UK EQUITY INCOME INST INC GBP2.31%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to grow the amount invested over the medium to long term and to keep the Fund within a designated risk profile. The Fund invests mainly in other funds (underlying funds) that are managed by Threadneedle Asset Management Limited and its group of companies. Underlying funds will mainly have exposure to fixed income securities, including corporate and government bonds, and will also take exposure to UK equities. The Zurich Horizon Multi-Asset range of funds aims to cater for investors with different risk appetites. The Funds carry staggered risk profiles starting from Zurich Horizon Multi-Asset Fund I and becoming progressively higher in risk through to, Zurich Horizon Multi-Asset Fund V. eValue Ltd, an independent risk profile service provider, using the output from its investment research tools, produces a range of five strategic weightings of asset classes aligned to five risk profiles based on a long term time horizon. eValue updates these weightings on a quarterly basis and Threadneedle will consider the weightings when deciding on the composition of the investment of the Zurich Horizon Multi-Asset range of funds. This Fund is aligned to risk profile 1, which means that it aims to deliver growth through assets that demonstrate moderate price fluctuations, with greater emphasis placed on fixed income securities and lower exposure to equities.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund manager
NameSinceBiography
Alex Lyle27/03/2015Alex Lyle is Head of Managed Funds, EMEA. In this role he takes responsibility for a large number of the company’s managed funds, is a member of the Asset Allocation Committee and is a key investment contact between the company and a number of its major clients. He joined the company in 1994 and was appointed Joint Head of UK / European Equity teams in 1999 and became Head of Managed Funds in 2003. Alex started his career at Hambros Bank’s¹ Unit Trust Division, which was acquired by Allied Dunbar² in 1981 and subsequently became part of Threadneedle Asset Management Limited in 1994. He managed UK equity portfolios for more than 20 years. He has a degree in Geography from Oxford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Horizon Multi-Asset I 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 price603.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK1EE
Zurich Horizon Multi-Asset I 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 price603.1
Offer price603.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK5OJ
Zurich Horizon Multi-Asset I Pn ZP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price603.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK5OD
Data provided by

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