Fact sheet: Zurich L&G UK Equity Index

Fund information
Fund name
Zurich L&G UK Equity Index CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • LGIM Index Fund Management Teamsince 29/09/2013
Underlying fund
L&G UK Equity Idx
Fund objective
The fund aims to track the performance of the FTSE All-Share Index to within +/-0.25% a year for two years out of three.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.6%
1 Year rank in sector
42/225
Sector
PN UK Equity Income
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.
94
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income23.2%
OMW IPLM&GGlLePn23%
FL Income Accumulation Pn19.8%
FL Schroder Inc AP19.6%
HLL Schroder Income Pn18.9%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK88%
    Others4%
    Money Market3.3%
    Ireland1.9%
    Not Specified1.9%
  • Financials23.9%
    Consumer Goods14.7%
    Oil & Gas12%
    Consumer Services11.2%
    Industrials10.2%
  • UK Equities88%
    Others4%
    Cash & Cash Equivalents3.3%
    Irish Equities1.9%
    Property1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%-0.1%9%11.6%17.1%54.5%
Sector-0.1%-2.3%5.9%6.5%18.4%60%
Rank within sector29 / 22938 / 22950 / 22942 / 225128 / 205146 / 192
Quartile1st1st1st1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund10.9%1.1%1.9%20.8%12.7%
Sector6.5%3.9%3.7%23.2%13.2%
Rank within sector47 / 225181 / 220167 / 205145 / 197111 / 192
Quartile1st4th4th3rd3rd
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.
-0.51
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.
1.09
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.
0.19
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%.
10.45
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.
3.61
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.
-0.03
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.
0.89
Price movement
52 week high897.5
52 week low691.7
Current bid price-
Current offer price-
Current mid price866.5
Region
1UK88.02%
2Others4.01%
3Money Market3.34%
4Ireland1.93%
5Not Specified1.88%
6Spain0.33%
7Germany0.22%
8Switzerland0.15%
9Luxembourg0.07%
Industry sector
1Financials23.85%
2Consumer Goods14.7%
3Oil & Gas11.98%
4Consumer Services11.21%
5Industrials10.19%
6Health Care9.22%
7Basic Materials6.52%
8Telecommunications4.31%
9Utilities3.79%
Asset type
1UK Equities88.02%
2Others4.01%
3Cash & Cash Equivalents3.34%
4Irish Equities1.93%
5Property1.88%
6Spanish Equities0.33%
7German Equities0.22%
8Swiss Equities0.15%
9Luxembourg Equities0.07%
Individual holdings
1HSBC HOLDINGS PLC5.41%
2BP PLC4.01%
3BRITISH AMERICAN TOBACCO PLC3.89%
4ROYAL DUTCH SHELL3.68%
5GLAXOSMITHKLINE PLC3.5%
6ROYAL DUTCH SHELL3.41%
7VODAFONE GROUP2.66%
8ASTRAZENECA PLC2.57%
9DIAGEO PLC2.44%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to track the performance of the FTSE All-Share Index to within +/-0.25% a year for two years out of three.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
LGIM Index Fund Management Team29/09/2013The 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 L&G UK Equity Index CS1
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price866.5
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05W0
Data provided by

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