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
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
Phoenix Fixed Int Individual Pn11.5%
Zurich BlackRock EurLiq Fst Pn8.1%
ReAssure HL FxIntPn Stf Pn6.7%
ReAssure HL FxIntPnStf LS Pn6.7%
Phoenix Prop Old Bldg Society Pn4.8%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • UK18.9%
    Japan14.7%
    France12.4%
    Australia9.5%
    Germany9.1%
  • Certificates of Deposit50.5%
    Money Market14.8%
    Commercial Paper13.7%
    Floating Rate Notes12.2%
    Government Bonds - UK5.6%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%---
Sector0.1%0.1%0%0.7%1.1%1.6%
Rank within sector25 / 24824 / 24816 / 245---
Quartile1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.1%----
Sector0%0.7%0%0.4%0.2%
Rank within sector30 / 248----
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 high502.4
52 week low500
Current bid price-
Current offer price-
Current mid price502.4
Region
1UK18.93%
2Japan14.65%
3France12.43%
4Australia9.54%
5Germany9.14%
6Netherlands6.68%
7Sweden5.28%
8Qatar4.8%
9United Arab Emirates4.48%
Industry sector
1Certificates of Deposit50.51%
2Money Market14.83%
3Commercial Paper13.73%
4Floating Rate Notes12.19%
5Government Bonds - UK5.58%
6Short Term Asset Backed3.15%
Asset type
1Money Market100%
Individual holdings
1UNITED KINGDOM GILT9.72%
2QATAR NATIONAL BANK4.8%
3BANK OF TOKYO-MITSUBISHI UFJ4.61%
4SUMITOMO MITSUI FINANCIAL GROUP INC4.49%
5NATIONAL BANK OF ABU DHABI4.48%
6BRED BANQUE POPULAIRE4.43%
7BFCM4.22%
8BANK OF CHINA LTD4.08%
9NATIONWIDE BUILDING SOCIETY 3.875% CVD BDS 05/12/13 EUR3.91%
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 price502.4
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMZHS
Zurich Legal & General Liquidity Pn ZP1
Initial charge-
Annual charge0.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.14%
Bid price-
Offer price-
Mid price506.6
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJUGJ
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.