Fact sheet: Zurich JPM Strlg Corp Bd AP

Fund information
Fund name
Zurich JPM Sterling Corporate Bond Pn AP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Usman Naeemsince 30/09/2015
  • Andreas Michalitsianossince 14/08/2013
Underlying fund
JPM Sterling Corp Bd
Fund objective
The Fund's investment objective is to achieve a return based on a combination of income and capital growth by investing primarily in high quality Sterling denominated Bonds (or other Bonds hedged back to Sterling).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8%
1 Year rank in sector
43/260
Sector
PN Sterling Corporate Bond
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.
37
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn15.9%
BlackRock DC AqOv 15 YCrp BdIx HP13.7%
AEGON Long Core Plus Pn13.5%
MetLife Fid Corp Bd 16yr Pn12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.6%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • International95.9%
    Money Market4.1%
  • Financials31.1%
    Utilities17.2%
    Fixed Interest10.5%
    Transport8.3%
    Communications7.8%
  • Global Fixed Interest95.9%
    Money Market4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-5.4%2.6%8%22.5%45.1%
Sector-1.3%-4.7%2.4%6.8%18.8%39.5%
Rank within sector169 / 265197 / 265106 / 26543 / 26036 / 23548 / 210
Quartile3rd3rd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.4%0.5%12.2%1.9%13.6%
Sector7.5%0.2%10.5%1%13.5%
Rank within sector65 / 260114 / 24630 / 23578 / 226107 / 210
Quartile1st2nd1st2nd3rd
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.
0.32
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.
1.13
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.
0.55
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%.
6.08
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.
1.01
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.
1.02
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 high213.1
52 week low182.9
Current bid price-
Current offer price-
Current mid price200.1
Region
1International95.9%
2Money Market4.1%
Industry sector
1Financials31.1%
2Utilities17.2%
3Fixed Interest10.5%
4Transport8.3%
5Communications7.8%
6Cyclical Consumer Goods7.2%
7Non-Cyclical Consumer Goods4.7%
8Money Market3.5%
9Capital Goods2.5%
Asset type
1Global Fixed Interest95.9%
2Money Market4.1%
Individual holdings
1EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10003.3%
2GOVERNMENT OF GERMANY 6.00% 07/12/283.2%
3CENTRICA 4.38% 13/03/291.3%
4SCOTIA GAS NETWORKS 4.88% 05/10/231.3%
5EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10001.2%
6GATWICK AIRPORT 5.25% 23/01/241.2%
7GOVERNMENT OF FRANCE 6.25% 30/05/281.2%
8LLOYDS BANK PLC 4.875% CVD BDS 30/03/27 GBP 2012-161.2%
9AVIVA 6.625% NTS 03/06/41 GBP1000001%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The Fund's investment objective is to achieve a return based on a combination of income and capital growth by investing primarily in high quality Sterling denominated Bonds (or other Bonds hedged back to Sterling).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Usman Naeem30/09/2015
Andreas Michalitsianos14/08/2013Andreas Michalitsianos, vice president, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager within the European Investment Grade Corporate Credit Team and is responsible for managing credit exposure across client portfolios. An employee since 2002, Andreas previously worked as a portfolio manager in the Long Duration group in New York. He received a B.Sc. (Hons.) in biochemistry from the University of Warwick in England and is a CFA charterholder
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich JPM Sterling Corporate Bond 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)0.68%
Bid price-
Offer price-
Mid price200.1
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeA759
Zurich JPM Sterling Corporate Bond 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 price170.5
Offer price170.5
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ181
Data provided by

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