Fact sheet: Zurich R&MUKEqIdxHiAlpPn

Fund information
Fund name
Zurich River & Mercantile UK Equity High Alpha Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Hugh Sergeantsince 28/11/2006
Underlying fund
R&M UK Equity High Alpha
Fund objective
The fund aims to outperform the FTSE All-Share Index by 2% a year (net of fees) over rolling three-year periods. In seeking to achieve this objective, the fund manager operates within defined risk constraints in order to limit the volatility of performance relative to the Index. The strategy invests mainly in large and mid cap stocks, and will normally hold between 50 and 80 stocks.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15%
1 Year rank in sector
24/843
Sector
PN UK All Companies
Yield
-
Fund size
£10m (£10m 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.
96
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn41.9%
Countrywide Equity Pn21.2%
OMW Schroder Recovery20.7%
Royal London Schroders Recovery Pn20.5%
Fidelity UBS UK Select Pn20%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK92.7%
    Isle of Man1.7%
    Jersey1.2%
    USA0.8%
    Bermuda0.8%
  • Financials25.4%
    Industrials14.1%
    Oil & Gas12.5%
    Basic Materials11.8%
    Consumer Services11.4%
  • UK Equities95.8%
    American Emerging Equities0.9%
    US Equities0.8%
    Australian Equities0.7%
    Irish Equities0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%4.6%15.1%15%21.2%108.8%
Sector-1.2%-0.3%6.2%5.1%13.2%59.3%
Rank within sector73 / 86552 / 86212 / 86124 / 84399 / 80523 / 756
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund17.6%0.8%-0.3%39.7%26.9%
Sector5.6%4.4%0.6%24.2%15.4%
Rank within sector11 / 843598 / 831505 / 80633 / 78572 / 758
Quartile1st3rd3rd1st1st
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.
2.63
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.
0.95
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.
0.34
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%.
10.21
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.
4.38
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.
0.53
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.
0.82
Price movement
52 week high974.8
52 week low721.4
Current bid price-
Current offer price-
Current mid price963.9
Region
1UK92.74%
2Isle of Man1.69%
3Jersey1.21%
4USA0.82%
5Bermuda0.78%
6Australia0.7%
7Ireland0.66%
8Canada0.49%
9Money Market0.3%
Industry sector
1Financials25.44%
2Industrials14.14%
3Oil & Gas12.51%
4Basic Materials11.83%
5Consumer Services11.42%
6Health Care7.88%
7Consumer Goods6.94%
8Technology4.87%
9Telecommunications3.48%
Asset type
1UK Equities95.8%
2American Emerging Equities0.94%
3US Equities0.82%
4Australian Equities0.7%
5Irish Equities0.66%
6Canadian Equities0.49%
7Money Market0.3%
8Israeli Equities0.29%
Individual holdings
1HSBC HLDGS4.8%
2BP4%
3ROYAL DUTCH SHELL3.6%
4GLAXOSMITHKLINE3.1%
5LLOYDS BANKING GROUP PLC2.9%
6VODAFONE GROUP2.8%
7RIO TINTO2.3%
8BARCLAYS PLC2.2%
9ASTRAZENECA PLC2%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to outperform the FTSE All-Share Index by 2% a year (net of fees) over rolling three-year periods. In seeking to achieve this objective, the fund manager operates within defined risk constraints in order to limit the volatility of performance relative to the Index. The strategy invests mainly in large and mid cap stocks, and will normally hold between 50 and 80 stocks.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Hugh Sergeant28/11/2006Hugh is the CIO of Equities. Graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equity graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund and in March 2000 was promoted to Head of UK Equities at UBSGAM and Chairman of the UK Equity Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Diversified Growth strategy and co-manager of the Special Opportunities fund. Hugh joined River and Mercantile in August 2006. Hugh is CIO of the Equity team at River and Mercantile with overall responsibility for managing and developing the team. As a Fund Manager he will be focused on the UK High Alpha, Long Term Recovery and World Recovery strategies.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich River & Mercantile UK Equity High Alpha 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 price920.2
Offer price920.2
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeLDT8
Zurich River & Mercantile UK Equity High Alpha Pn ZP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.11%
Bid price-
Offer price-
Mid price963.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLCP3
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.