Fact sheet: Zurich L&G Diversified Pn

Fund information
Fund name
Zurich Legal & General Diversified Pn CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Asset Allocation Teamsince 11/01/2012
  • LGIM Index Fund Management Teamsince 11/01/2012
Underlying fund
LGIM Diversified
Fund objective
The investment objective of the Fund is to provide long-term investment growth through exposure to a diversified range of asset classes. The fund will hold between 20% and 50% in bonds and the remaining 50% to 80% in a range of assets which may include equities, property, commodities and the shares of infrastructure companies. Exposure to each asset class will primarily be through investing in passively managed funds, although active management may be used for some asset classes where the fund manager believes there is an advantage in doing so.
Benchmark
  • FTSE Developed World Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
20%
1 Year rank in sector
147/536
Sector
PN Specialist
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Scot Eq Technology Pn52.9%
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SIP Fidelity Gbl Technology Pn49.2%
OMW Neptune Rus + Grtr Rus48.3%
FL AXA Framlington Gbl Tech AP48.2%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • North America27.2%
    Europe ex UK18.3%
    UK14.6%
    Not Specified8.8%
    Japan6.8%
  • Government Bonds25.7%
    Financials22.1%
    Investment Grade Corporate Bonds16.8%
    Industrials8%
    High Yield Bond6.6%
  • International Equities47.3%
    Global Fixed Interest40.7%
    Property8.5%
    UK Equities5.8%
    UK Gilts5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%2.8%3.2%20%--
Sector0.4%2.8%3.2%13.7%25.2%44.6%
Rank within sector276 / 559268 / 559247 / 551147 / 536--
Quartile2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.3%----
Sector3%11.6%2%7.2%11%
Rank within sector112 / 555----
Quartile1st
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 high648.9
52 week low528.6
Current bid price-
Current offer price-
Current mid price643.9
Region
1North America27.2%
2Europe ex UK18.32%
3UK14.6%
4Not Specified8.8%
5Japan6.83%
6Emerging Asia6.74%
7Central & S America4.2%
8European Emerging Markets3.38%
9Asia2.66%
Industry sector
1Government Bonds25.65%
2Financials22.13%
3Investment Grade Corporate Bonds16.83%
4Industrials8.02%
5High Yield Bond6.57%
6Consumer Goods6.39%
7Utilities5.65%
8Consumer Services4.48%
9Health Care3.79%
Asset type
1International Equities47.27%
2Global Fixed Interest40.73%
3Property8.54%
4UK Equities5.83%
5UK Gilts5.63%
6UK Corporate Fixed Interest4.82%
7Commodity & Energy1.88%
8Others1.45%
9Cash & Cash Equivalents-16.15%
Individual holdings
1LEGAL AND GENERAL PROPERTY FUND0.55%
2TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP`WI`DEC0.47%
3TREASURY 1.875% IDX LKD GILT 22/11/22 GBP0.46%
4TREASURY 2 1/2% IDX-LINKED GILT 20240.44%
5TREASURY 0.125% IDX LKD GILT 22/03/24 GBP WI JUL0.35%
6TREASURY 0.125% IDX LKD GILT 22/03/29 GBP0.010.35%
7UNION PACIFIC CORP0.34%
84 1/8% INDEX-LINKED TREASURY STOCK 20300.32%
9NESTLE SA0.32%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The investment objective of the Fund is to provide long-term investment growth through exposure to a diversified range of asset classes. The fund will hold between 20% and 50% in bonds and the remaining 50% to 80% in a range of assets which may include equities, property, commodities and the shares of infrastructure companies. Exposure to each asset class will primarily be through investing in passively managed funds, although active management may be used for some asset classes where the fund manager believes there is an advantage in doing so.
Benchmark
  • FTSE Developed World Index
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Asset Allocation Team11/01/2012The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
LGIM Index Fund Management Team11/01/2012The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Legal & General Diversified Pn CS1
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.36%
Bid price-
Offer price-
Mid price643.9
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBNHM
Zurich Legal & General Diversified 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 price670.9
Offer price670.9
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK5NS
Zurich Legal & General Diversified Pn ZP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price687.3
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK4VF
Data provided by

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