Fact sheet: Zurich JPM Moderate Pn

Fund information
Fund name
Zurich JPM Moderate Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Katy Thorneycroftsince 01/02/2013
  • David Chansince 01/02/2013
  • Peter Malonesince 30/06/2015
  • Jonathan Cummingssince 09/12/2013
Underlying fund
JPM Life Balanced
Fund objective
This fund aims to achieve long-term capital growth by investing in equities. In addition it provides an element of capital security by holding 25% of its portfolio in high quality bonds, which also provide a reliable income stream to enhance total returns.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.6%
1 Year rank in sector
361/437
Sector
PN Flexible Investment
Yield
-
Fund size
£0m (£2m 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.
62
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn48.1%
Scot Eq UBS Stockmkt Mgd Pn43.7%
SW Prem Pn Pfl 1 Pn42.1%
FL Spicers Adventurous Pn41.2%
Baillie Gifford International PP40.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • North America32.1%
    UK25.1%
    International15.8%
    Europe ex UK8.2%
    Global Emerging Markets6.6%
  • Financials14.6%
    Information Technology9.8%
    Industrials6.6%
    Consumer Discretionary6.6%
    Health Care6.5%
  • North American Equities32.1%
    UK Equities19.5%
    Global Fixed Interest15.8%
    Europe ex UK Equities8.2%
    Global Emerging Market Equities6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.5%3.2%14.6%22%69.1%
Sector3%2.4%7.1%19.9%25.6%57.2%
Rank within sector480 / 489393 / 486395 / 467361 / 437250 / 311121 / 250
Quartile4th4th4th4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund0%9.7%5.3%7%22%
Sector1.6%14.2%2.5%6.7%14.8%
Rank within sector461 / 488370 / 43170 / 335127 / 30945 / 266
Quartile4th4th1st2nd1st
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.
-0.33
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.
0.49
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%.
7.72
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.
3.24
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.
-0.11
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.
0.82
Price movement
52 week high1147.7
52 week low947.9
Current bid price-
Current offer price-
Current mid price1136.5
Region
1North America32.1%
2UK25.1%
3International15.8%
4Europe ex UK8.2%
5Global Emerging Markets6.6%
6Japan4.9%
7Pacific ex-Japan2.5%
8Canada2.2%
9Not Specified1.8%
Industry sector
1Financials14.58%
2Information Technology9.81%
3Industrials6.56%
4Consumer Discretionary6.55%
5Health Care6.5%
6Investment Grade Corporate Bonds5.7%
7Government Bonds5.35%
8Energy3.92%
9Fixed Interest2.93%
Asset type
1North American Equities32.1%
2UK Equities19.5%
3Global Fixed Interest15.8%
4Europe ex UK Equities8.2%
5Global Emerging Market Equities6.6%
6Japanese Equities4.9%
7UK Fixed Interest4.7%
8Asia Pacific ex Japan Equities2.5%
9Canadian Equities2.2%
Individual holdings
1JPM US EQUITY ALL CAP FUND19.6%
2JPM US SELECT EQUITY PLUS A DIS NAV GBP13.1%
3JPM ASIA PACIFIC EQUITY FUND7.5%
4JPM LIFE UK DYNAMIC FUND (FUND)7.5%
5JPM LIFE UK RESEARCH ENHANCED INDEX EQUITY FUND (FUND)7.2%
6JPM EUROPE STRATEGIC DIVIDEND FUND5.4%
7JPM GLOBAL HIGH YIELD BOND FUND 5.4%
8JPM LIFE STERLING CORPORATE BOND FUND4.7%
9JPM LIFE GLOBAL (EXUK) BOND FUND4.5%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This fund aims to achieve long-term capital growth by investing in equities. In addition it provides an element of capital security by holding 25% of its portfolio in high quality bonds, which also provide a reliable income stream to enhance total returns.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Katy Thorneycroft01/02/2013Katy Thorneycroft is a senior portfolio manager in the Global Multi-Asset Group (””GMAG””), based in London. Katy focuses on the UK pension, Diversified Growth and investment trust funds. An employee since 1999, Katy was previously a member of the GMAG in New York and prior to this was a portfolio manager in the European Equity Group in London focusing on small and mid-cap strategies. Katy obtained an MChem from the University of Oxford and is a CFA charterholder.
David Chan01/02/2013David Chan, vice president, is a portfolio manager and analyst working on fund of funds portfolios in the Global Multi-Asset Group, based in London. An employee since 1997, David was previously an analyst in the Global Equities Team and prior to this was a performance analyst specialising in risk and attribution within the Performance Analysis Group. Prior to joining the firm, David spent three years as an actuarial trainee at National Provident Institution, having worked as an actuarial principal at Black Horse Life Assurance Company. David started his career as an actuarial assistant at Abbey Life Assurance Company. David obtained a BSc in Mathematics, Operation Research and Economics from the University of Essex and a Postgraduate Diploma in Actuarial Science from City University.
Peter Malone30/06/2015Peter Malone, vice president, is a portfolio manager working on multi-strategy and global equity portfolios in the Multi-Asset Solutions team, based in London. An employee since 2006, Peter previously focused on total return and balanced portfolios, also in the Multi-Asset Solutions team. Prior to this, he was a client portfolio manager responsible for supporting the sales and marketing of Multi-Asset Solutions products. He obtained a B.Eng. in Mechanical Engineering with French from the University of Nottingham and is a CFA charterholder
Jonathan Cummings09/12/2013Joe Cummings, CFA, is a member of the Global Multi-Asset Group. An employee since 2005, Joe is responsible for research and portfolio management on absolute return and less benchmark constrained accounts. Prior to this role, he was an analyst with the portfolio construction and investment strategy team within J.P. Morgan's Private Bank in London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich JPM Moderate Pn CS1
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price903.2
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code062Y
Zurich JPM Moderate 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 price1083.5
Offer price1083.5
Mid price-
CurrencyGBX
Price updated16/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeFGU8
Zurich JPM Moderate Pn ZP
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 price1136.5
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGN6
Data provided by

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