Fact sheet: Zurich Legal & General Liq Pn

Fund information
Fund name
Zurich Legal & General Liquidity Pn CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
L&G Strlng Liqdty
Fund objective
The principal investment objective of the Sterling Liquidity Fund is to provide capital stability, liquidity and diversification while providing a competitive level of return. The Fund invests in high quality short term fixed income and variable rate securities listed or traded on one or more Recognised Exchanges, across a range of financial institutions, sovereign and corporate issuers.
Benchmark
  • 7 Day LIBID
Investment style
Liquidity
Investment method
Deposits
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Money Market
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn16.5%
ReAssure HL FxIntPn Stf Pn9.8%
ReAssure HL FxIntPnStf LS Pn9.8%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • UK28.4%
    France13.2%
    Japan12.6%
    Germany12.4%
    Australia6.5%
  • Certificates of Deposit32.4%
    Commercial Paper19.3%
    Floating Rate Notes13.6%
    Short Term Asset Backed13.6%
    Money Market13%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.3%---
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector19 / 24915 / 24618 / 247---
Quartile1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector0.5%0%0.4%0.2%0.3%
Rank within sector-----
Quartile
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 high502
52 week low500
Current bid price-
Current offer price-
Current mid price502
Region
1UK28.37%
2France13.22%
3Japan12.63%
4Germany12.39%
5Australia6.46%
6Netherlands5.19%
7Canada5.13%
8United Arab Emirates4.59%
9USA3.39%
Industry sector
1Certificates of Deposit32.44%
2Commercial Paper19.31%
3Floating Rate Notes13.61%
4Short Term Asset Backed13.6%
5Money Market13.02%
6Government Bonds - UK8.01%
Asset type
1Money Market100%
Individual holdings
1UNITED KINGDOM GILT21.62%
2NATIONAL BANK OF ABU DHABI4.59%
3MIZUHO CORPORATE BANK4.34%
4BANK OF TOKYO-MITSUBISHI UFJ4.33%
5ACOSS4.18%
6EAA4.12%
7BRED BANQUE POPULAIRE4.09%
8SUMITOMO MITSUI FINANCIAL GROUP INC3.96%
9DZ BANK PERP FDG ISSUER (JERSEY) FRN EMTN PERP EUR10003.54%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The principal investment objective of the Sterling Liquidity Fund is to provide capital stability, liquidity and diversification while providing a competitive level of return. The Fund invests in high quality short term fixed income and variable rate securities listed or traded on one or more Recognised Exchanges, across a range of financial institutions, sovereign and corporate issuers.
Benchmark
  • 7 Day LIBID
Investment style
Liquidity
Investment method
Deposits
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Legal & General Liquidity Pn CS1
Initial charge-
Annual charge0.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.12%
Bid price-
Offer price-
Mid price502
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMZHS
Data provided by

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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.