Fact sheet: Zurich MnGLG JpnCrAlp

Fund information
Fund name
Zurich Man GLG Japan CoreAlpha Pn 3/4 AP Cap
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Neil Edwardssince 01/01/2006
  • Jeff Athertonsince 01/03/2011
  • Stephen Harkersince 01/01/2006
  • Adrian Edwardssince 31/05/2014
Underlying fund
Man GLG Japan Core Alpha
Fund objective
The fund aims to achieve capital growth by investing in the quoted securities of companies operating in Japan. The fund is mainly invested in securities of companies listed on Japan's stock markets.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
38.4%
1 Year rank in sector
67/189
Sector
PN Japan
Yield
-
Fund size
£4m (£3m last year)
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.
147
Bid price
761
Offer price
801.1
Top in this sector
Fund name1 Year
OMW M&G Japan Smaller Cos57.3%
FL Baill Giff Japanese Pn56.8%
SLFC Japan Pn54.8%
SLFC (Laurentian) Japan Pn54.6%
ReAssure HL BailieGiff JpnEqPn54.6%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan99.7%
    Money Market0.3%
  • Financials28.8%
    Consumer Discretionary17.5%
    Information Technology14.7%
    Industrials13.7%
    Materials10.4%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%6.9%28.3%38.4%41.3%67.3%
Sector1.2%0.6%14.4%36.8%48.1%88.1%
Rank within sector189 / 19515 / 19510 / 19267 / 189153 / 180161 / 169
Quartile4th1st1st2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.2%27%13.3%-3.2%26.9%
Sector1.9%23.8%15.7%1.5%26.2%
Rank within sector62 / 19541 / 189163 / 187168 / 18061 / 177
Quartile2nd1st4th4th2nd
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.
-1.38
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.
1.02
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.
0.52
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%.
15.62
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.
8.27
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.
-0.17
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.
0.71
Price movement
52 week high780.9
52 week low469.3
Current bid price761
Current offer price801.1
Current mid price-
Region
1Japan99.74%
2Money Market0.26%
Industry sector
1Financials28.75%
2Consumer Discretionary17.53%
3Information Technology14.69%
4Industrials13.69%
5Materials10.35%
6Energy5.98%
7Utilities4.74%
8Real Estate4%
9Money Market0.26%
Asset type
1Japanese Equities100%
Individual holdings
1TOYOTA MOTOR CORP7.35%
2MITSUBISHI UFJ FINANCIAL GROUP5.74%
3CANON INC5.69%
4HONDA MOTOR CO5.24%
5NIPPON STEEL & SUMITOMO METAL CORP4.59%
6JFE HOLDINGS INC4.52%
7SUMITOMO MITSUI FINANCIAL GROUP INC4.06%
8SUMITOMO MITSUI TR HLDGS INC3.95%
9NOMURA HLDGS INC3.77%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to achieve capital growth by investing in the quoted securities of companies operating in Japan. The fund is mainly invested in securities of companies listed on Japan's stock markets.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Neil Edwards01/01/2006Neil is Director and Senior Portfolio Manager to the Japan CoreAlpha team. He has a BA in Economics and an MA in Economics of Money and Finance from the University of Sheffield. He worked as an investment analyst before taking positions In UK equity fund management at CIS Insurance, Halifax Fund Management and Nestle for a total of 15 years. At Halifax he also spent five years managing international bonds and derivatives and a period covering the Japanese equity market. He joined Société Générale Asset Management in February 2005, working with the Japanese equity team and is now an employee of GLG Partners following the acquisition of SGAM UK in April 2009.
Jeff Atherton01/03/2011Jeff is a Senior Portfolio Manager to the Japan CoreAlpha team. He has a BA in Economics from the University of Sheffield. Jeff started his career at Sun Life of Canada in 1987 and has been managing Japanese funds for over 20 years. He has held senior positions at Insight Investment, SGAM, TCW and Equitable Life. Most recently Jeff spent 5 years at Stratton Street Capital LLP where he was a partner and co-manager of their Japanese hedge fund strategies. Jeff joined GLG in March 2011.
Stephen Harker01/01/2006Stephen Harker is Head of Japanese Equities and leads the Japan CoreAlpha team. He has a BA in Mathematics and Economics from the University of Warwick and an MA in Economics of Finance from the University of Sheffield. Stephen has over 35 years of industry experience, and has concentrated on the Japanese equity market since April 1984. After a decade managing the Prudential Japanese Trust, he joined TCW London International in 1994. TCW was acquired in 2001 by Société Générale Asset Management (SGAM); SGAM UK was acquired by GLG Partners LP in April 2009; and GLG was in turn acquired by Man Group plc in October 2010. In January 2006, Stephen and the Japan equity team created the Japan CoreAlpha strategy which has grown into an industry leading large cap Japanese equity product.
Adrian Edwards31/05/2014Adrian has a BSc in Business Information Systems from Anglia Ruskin University and is a CFA charter holder. Adrian began his career in fund management at Stratton Street Capital LLP in January 2006 where he rose to the position of Assistant Fund Manager on the firm’s Japanese and Asian synthetic warrant and Japanese equity hedge fund strategies. Adrian joined Man GLG (‘GLG’) in June 2014.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Man GLG Japan CoreAlpha Pn 1% AP Acc
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.97%
Bid price939.4
Offer price988.9
Mid price-
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9G6
Zurich Man GLG Japan CoreAlpha Pn 3/4 AP Acc
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.72%
Bid price954.1
Offer price1004.4
Mid price-
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9G7
Zurich Man GLG Japan CoreAlpha Pn 3/4 AP Cap
Initial charge-
Annual charge5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)5.22%
Bid price761
Offer price801.1
Mid price-
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9G8
Zurich Man GLG Japan CoreAlpha Pn AP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price1159.5
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVX4
Zurich Man GLG Japan CoreAlpha 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 price237.8
Offer price237.8
Mid price-
CurrencyGBX
Price updated23/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAIU4
Zurich Man GLG Japan CoreAlpha Pn ZP
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price260.7
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ412
Data provided by

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