Fact sheet: Zurich OM Corp Bond Pn

Fund information
Fund name
Zurich Old Mutual Corporate Bond Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Christine Johnsonsince 05/04/2011
  • Lloyd Harrissince 30/04/2015
Underlying fund
Old Mutual Corporate Bond
Fund objective
The fund aims to maximise total return through investment in a diversified portfolio of fixed interest and other debt securities.
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN Sterling Corporate Bond
Fund size
£2m (£2m 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.
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP18.1%
OMW IPL L&G AAA CrpBdOv15YIx Pn16.8%
Zurich M&G All StCor Bd16.2%
L&G PMC AAAAAA CpBd Ov15Y Id Pn15.6%
M&G PP All Stock Corporate Bond Pn15.4%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK45.9%
    Money Market21%
  • Investment Grade Corporate Bonds92.2%
    Money Market3.9%
    Fixed Interest2.3%
    High Yield Bond1.6%
  • UK Fixed Interest45.9%
    Money Market21%
    US Fixed Interest14.5%
    German Fixed Interest4.5%
    French Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector104 / 26246 / 264122 / 26538 / 261153 / 23522 / 215
Calendar performance
 YTD - 20172016201520142013
Rank within sector94 / 26581 / 260236 / 246153 / 23510 / 226
Risk statistics
?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 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.
?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 (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.
?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 high175.1
52 week low151.4
Current bid price-
Current offer price-
Current mid price170.3
2Money Market21.04%
Industry sector
1Investment Grade Corporate Bonds92.2%
2Money Market3.9%
3Fixed Interest2.3%
4High Yield Bond1.6%
Asset type
1UK Fixed Interest45.92%
2Money Market21.04%
3US Fixed Interest14.5%
4German Fixed Interest4.46%
5French Fixed Interest4.35%
6Swedish Fixed Interest3.29%
7Japanese Fixed Interest3.03%
8Australian Fixed Interest2.91%
9Spanish Fixed Interest2.72%
Individual holdings
1TRANSPORT FOR LONDON 2.125% NTS 24/04/25 GBP1000001.3%
2J.P.MORGAN CHASE AND CO 2% 20221.2%
3TREASURY 4.5% GILT 7/9/2034 GBP0.011.2%
4BANK OF NOVA SCOTIA 0.75% CVD BDS 14/09/21 GBP1000001.1%
5EXPERIAN FINANCE PLC 3.5% BDS 15/10/21 GBP1000001.1%
6LLOYDS BANK PLC 6.000000 08/02/20291.1%
7METRO. LIFE GBL. FUNDING 2.75% 23/11/20221.1%
8NATIONAL GRID GAS FINANCE PLC 2.625% INST 22/09/38 GBP1000001.1%
Fund manager group
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to maximise total return through investment in a diversified portfolio of fixed interest and other debt securities.
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
Christine Johnson05/04/2011Christine Johnson is Head of Fixed Income at OMGI. Christine joined Old Mutual in September 2010 from Halbis Capital Management (formerly HSBC Asset Management), where she was a senior fixed income fund manager, initially focusing on sterling credit before also managing global portfolios. She moved to Halbis from Investec Asset Management, which she joined as a high yield credit analyst, becoming a high yield fixed income fund manager a year later. She began her asset management career as a credit analyst at Royal & Sun Alliance Investment Management, having previously been a relationship manager at NatWest Bank. Christine has a BA in Economics from Manchester University.
Lloyd Harris30/04/2015Lloyd Harris, Senior Credit Analyst, joined OMGI in January 2012 as a senior credit analyst focusing on the financial sector. He was previously at Cutwater Asset Management (2007- 2011), initially as an asset-backed CP/ MTN trader, then as a European financials credit analyst. Prior to this, he worked in structured capital markets at Deutsche Bank (2002-2007), after completing the firm’s graduate training program. Lloyd graduated from University of Bristol with a BA (Hons) in Electronics and Telecommunications Engineering (2001), and is a part-qualified management accountant.
No data available.
No data available.
Fund for sale in
United Kingdom
Zurich Old Mutual Corporate Bond 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 price152.7
Offer price152.7
Mid price-
Price updated23/02/2017
Institutional or retail classRetail
Citi codeAIT4
Zurich Old Mutual Corporate Bond Pn ZP
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price170.3
Price updated23/02/2017
Institutional or retail classRetail
Citi codeZ356
Data provided by

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