Fact sheet: Zurich P-SlvInflPlusPn

Fund information
Fund name
Zurich P-Solve Inflation Plus Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Inflation Plus Committeesince 01/03/2004
Underlying fund
Sanlam P-Solve Inflation Plus
Fund objective
The P-Solve Inflation Plus Fund is a sub-fund of Sanlam Universal Funds plc. The fund invests mainly in Exchange Traded Funds (ETFs). The liquidity of ETFs enables the investment manager to move in and out of positions quickly and easily, and there is an ETF for almost any asset class. The fund uses a combination of qualitative and quantitative inputs to decide on asset allocation, maintaining a flexible attitude to tactical allocation depending on economic considerations.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.1%
1 Year rank in sector
264/437
Sector
PN Flexible Investment
Yield
-
Fund size
£51m
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.
57
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SW Prem Pn Pfl 1 Pn42.1%
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Baillie Gifford International PP40.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • Not Specified47.9%
    International38%
    Money Market7.3%
    Global Emerging Markets6.8%
  • No data available.
  • Global Developed Equities38%
    Global High Yield Fixed Interest22.6%
    Global Government Fixed Interest16.3%
    Money Market7.3%
    Global Emerging Market Equities6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%3.5%7.2%22.1%26.9%-
Sector3%2.4%7.1%19.9%25.6%57.2%
Rank within sector430 / 489185 / 486310 / 467264 / 437182 / 311-
Quartile4th2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.2%16%0.1%8.5%-
Sector1.6%14.2%2.5%6.7%14.8%
Rank within sector361 / 488197 / 431279 / 33586 / 309-
Quartile3rd2nd4th2nd
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.
0.57
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.
0.97
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.
0.62
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%.
7.35
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.
2.9
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.
0.1
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.
0.84
Price movement
52 week high628.8
52 week low495.1
Current bid price-
Current offer price-
Current mid price629.6
Region
1Not Specified47.9%
2International38%
3Money Market7.3%
4Global Emerging Markets6.8%
Industry sector
No data available.
Asset type
1Global Developed Equities38%
2Global High Yield Fixed Interest22.6%
3Global Government Fixed Interest16.3%
4Money Market7.3%
5Global Emerging Market Equities6.8%
6Global Emerging Market Fixed Interest6.4%
7Structured Products1.6%
8Commodity & Energy1%
Individual holdings
1DB X-TRACKERS S&P 500 UCITS ETF 1C USD12.5%
2DB X-TRACKERS S&P 500 UCITS ETF 1C USD12.5%
3NOMURA FUNDS IRELAND US HIGH YIELD BOND FUND - I GBP HEDGED9.1%
4PIMCO US HIGH YIELD BOND INST HEDGED ACC GBP7.2%
5VANGUARD S&P 500 - ETF (USD6.8%
6SHENKMAN FINSBURY HIGH INCOME FUND6.3%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The P-Solve Inflation Plus Fund is a sub-fund of Sanlam Universal Funds plc. The fund invests mainly in Exchange Traded Funds (ETFs). The liquidity of ETFs enables the investment manager to move in and out of positions quickly and easily, and there is an ETF for almost any asset class. The fund uses a combination of qualitative and quantitative inputs to decide on asset allocation, maintaining a flexible attitude to tactical allocation depending on economic considerations.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Inflation Plus Committee01/03/2004
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich P-Solve Inflation Plus 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 price611.5
Offer price611.5
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICRB
Zurich P-Solve Inflation Plus Pn ZP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price629.6
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICRA
Data provided by

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