Fact sheet: Zurich Ignis UK Property Pn

Fund information
Fund name
Zurich Ignis UK Property Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • George Shawsince 31/07/2007
Underlying fund
Stan Life Inv UK Rl Est
Fund objective
The fund aims to provide income and capital growth by investing predominantly in UK real commercial property, selected from across the retail, office, industrial and other sectors. The fund is actively managed and will typically invest in a mix of freehold and leasehold properties. The fund may also invest in other property related assets including shares, bonds and other property funds. The fund may also invest in cash, short term government bonds as well as gilts.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
-4.5%
1 Year rank in sector
128/159
Sector
PN UK Direct Property
Yield
-
Fund size
£4m (£5m 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.
40
Top in this sector
Fund name1 Year
Guardian Property Pn11.6%
Guardian Choices Property Pn11.6%
OMW IPL Aviva Lm Prp Pn8.9%
FL Property AP5.7%
FL GM Property Pension5.3%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • South East UK47.2%
    Scotland18.9%
    Midlands12.8%
    London12.3%
    Northern UK5.5%
  • Offices - Property31.2%
    Industrial - Property22%
    Retail - Property19.8%
    Warehouse - Property16.5%
    Shop - Property5.3%
  • Property100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%3.4%-3.4%-4.5%17.5%27.7%
Sector0.2%2.7%-2.6%-0.9%25.1%33.5%
Rank within sector68 / 16184 / 160120 / 159128 / 159124 / 154103 / 149
Quartile2nd3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-5.3%8.4%12.8%8.2%1.8%
Sector-1.8%9.7%14.3%6.9%1%
Rank within sector132 / 159115 / 158103 / 15455 / 15241 / 149
Quartile4th3rd3rd2nd2nd
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.
-3.74
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.
1.25
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.
0.42
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%.
5.38
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.
3.37
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.
-0.58
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.
0.64
Price movement
52 week high156.9
52 week low137.4
Current bid price-
Current offer price-
Current mid price144.4
Region
1South East UK47.17%
2Scotland18.94%
3Midlands12.84%
4London12.25%
5Northern UK5.52%
6South West UK3.28%
Industry sector
1Offices - Property31.17%
2Industrial - Property21.96%
3Retail - Property19.81%
4Warehouse - Property16.49%
5Shop - Property5.31%
6Others5.26%
Asset type
1Property100%
Individual holdings
1LEAMINGTON SHOPPING PARK, LEAMINGTON SPA4.13%
2MONUMENT MALL, NEWCASTLE UPON TYNE3.3%
3PALACE EXCHANGE, ENFIELD3.19%
445 CHURCH STREET, BIRMINGHAM2.65%
5SLOUGH RETAIL PARK, SLOUGH2.43%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide income and capital growth by investing predominantly in UK real commercial property, selected from across the retail, office, industrial and other sectors. The fund is actively managed and will typically invest in a mix of freehold and leasehold properties. The fund may also invest in other property related assets including shares, bonds and other property funds. The fund may also invest in cash, short term government bonds as well as gilts.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
George Shaw31/07/2007George Shaw is lead manager of the Ignis UK Property Fund. He is supported by the exceptionally strong and well resourced Ignis Real Estate business unit, which is made up of 17 investment professionals including a highly experienced research team. George has 20 years’ investment experience and joined Ignis in December 2005. He graduated from Heriot-Watt University in 1990 with a BSc in Estate Management and is a member of the Royal Institution of Chartered Surveyors.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Ignis UK Property 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 price127.5
Offer price127.5
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ114
Zurich Ignis UK Property Pn ZP
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price144.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeES44
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.