Fact sheet: Zurich Hor MA II Pn

Fund information
Fund name
Zurich Horizon Multi-Asset II 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 II
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, and to the shares of companies constituted or operating within developed markets (for example UK, US, Europe and Japan), with some exposure to UK property. 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 2, which means that it aims to deliver growth through assets that demonstrate moderate price fluctuations, with emphasis placed on fixed income securities and equities and some exposure to property.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
10.3%
1 Year rank in sector
132/462
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.
50
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn28%
AXA Wealth TEAMS cl Gvn ptfl VPn19.7%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.8%
FL Investec Cautious Mgd AP18.3%
Zurich Investec Caut Mgd Pn17.7%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK76.3%
    South East UK7.2%
    North America6.7%
    Japan2.2%
    Money Market1.4%
  • Government Bonds31.5%
    Consumer Goods8.2%
    Industrials7.4%
    Financials7.2%
    Consumer Services6.5%
  • UK Equities35.8%
    UK Gilts34.4%
    Property10.6%
    North American Equities6.7%
    UK Corporate Fixed Interest5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-1.5%7.2%10.3%--
Sector-0.5%-1.5%6%8.9%18.4%38.8%
Rank within sector196 / 529275 / 529155 / 518132 / 462--
Quartile2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.5%5.5%---
Sector9%1.3%6%8.3%9.4%
Rank within sector128 / 46314 / 425---
Quartile2nd1st
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 high650.3
52 week low551.1
Current bid price-
Current offer price-
Current mid price632
Region
1UK76.29%
2South East UK7.25%
3North America6.74%
4Japan2.18%
5Money Market1.36%
6Midlands1.15%
7Northern UK0.73%
8Wales0.65%
9France0.56%
Industry sector
1Government Bonds31.52%
2Consumer Goods8.15%
3Industrials7.41%
4Financials7.25%
5Consumer Services6.51%
6Health Care5.2%
7Investment Grade Bonds3.54%
8Offices - Property3.15%
9Industrial - Property3.06%
Asset type
1UK Equities35.83%
2UK Gilts34.45%
3Property10.62%
4North American Equities6.67%
5UK Corporate Fixed Interest5.29%
6Japanese Equities2.16%
7Money Market1.35%
8Alternative Assets0.94%
9French Equities0.56%
Individual holdings
1THREADNEEDLE STERLING BOND Z GR ACC GBP30.4%
2THREADNEEDLE AMERICAN INST ACC GBP24.93%
3THREADNEEDLE UK FIXED INTEREST INST ACC9.43%
4THREADNEEDLE UK INST ACC GBP9.18%
5THREADNEEDLE EUROPEAN INST ACC GBP7.75%
6THREADNEEDLE UK CORPORATE BOND INST GR ACC GBP6.57%
7THREADNEEDLE JAPAN INST GBP6.56%
8THREADNEEDLE UK SELECT INST INC GBP2.11%
9THREADNEEDLE UK EQUITY INCOME INST INC GBP1.5%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to 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, and to the shares of companies constituted or operating within developed markets (for example UK, US, Europe and Japan), with some exposure to UK property. 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 2, which means that it aims to deliver growth through assets that demonstrate moderate price fluctuations, with emphasis placed on fixed income securities and equities and some exposure to property.
Benchmark
  • No Specified Index
Investment style
Balanced
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 II 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 price631.8
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK1EF
Zurich Horizon Multi-Asset II 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 price618.8
Offer price618.8
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK5OK
Zurich Horizon Multi-Asset II 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)0.83%
Bid price-
Offer price-
Mid price632
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK5OE
Data provided by

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