Fact sheet: Zurich L&G Money Market

Fund information
Fund name
Zurich L&G Money Market ZP 1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund aims to match the average return of similar money market funds as measured by the CAPS Pooled Pension Fund Update, without incurring excessive risk.
Benchmark
  • Seven Day Sterling LIBID
Investment style
Liquidity
Investment method
No data available.
Quick stats
1 Year return
0.3%
1 Year rank in sector
72/246
Sector
PN Money Market
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.
1
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn10%
ReAssure HL FxIntPn Stf Pn8.8%
ReAssure HL FxIntPnStf LS Pn8.8%
Phoenix Fixed Int Individual Pn8.5%
Phoenix Prop Old Bldg Society Pn4.8%
...more in PN Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0%0.3%1%1.8%
Sector0%0.1%0.1%0.6%1.1%1.6%
Rank within sector43 / 24774 / 24983 / 24672 / 24659 / 22754 / 216
Quartile1st2nd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund0%0.3%0.4%0.3%0.4%
Sector0.1%0.7%0%0.4%0.2%
Rank within sector74 / 24968 / 24254 / 23055 / 22643 / 220
Quartile2nd2nd1st1st1st
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.
-0.01
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%.
0.05
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.
0.27
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.
-0.15
Price movement
52 week high511.7
52 week low510.4
Current bid price-
Current offer price-
Current mid price511.7
Region
1Money Market100%
Industry sector
1Fixed Interest Deposit92.71%
2Others7.29%
Asset type
1Money Market100%
Individual holdings
1BNP PARIBAS CAPITAL MARKETS8.99%
2SMBC EUROPE LTD 8.99%
3STANDARD CHARTERED8.78%
4BRED BANQUE POP8.76%
5BANK OF TOKYO MITSUBISHI UFJ8.75%
6DZ BANK AG8.67%
7ANZ BANKING GROUP LTD8.47%
8RABOBANK MM DEPOSIT8.47%
9NATIONAL BANK OF ABU DHABI8.33%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to match the average return of similar money market funds as measured by the CAPS Pooled Pension Fund Update, without incurring excessive risk.
Benchmark
  • Seven Day Sterling LIBID
Investment style
Liquidity
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich L&G Money Market CS1
Initial charge-
Annual charge0.18%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price510.7
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05VX
Zurich L&G Money Market 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 price511.1
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0WV0
Zurich L&G Money Market ZP 1
Initial charge-
Annual charge0.18%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price511.7
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNEF3
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.