Fact sheet: Zurich Russell World Equity Pn

Fund information
Fund name
Zurich Russell World Equity Pn CS1
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
  • Phil Hoffmansince 13/02/2015
Underlying fund
Russell Investments WldEqII
Fund objective
Russell’s Multi-Manager concept targets consistent above benchmark performance. The fund aims to add consistent return increments against the benchmark, the MSCI World Index, by selecting specialist global equity managers who typically take more aggressive positions on stocks and sectors which the managers expect will offer the prospect of exceptional returns.
Benchmark
  • Russell Global Large Cap Net Index $NZ Hedged
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
31.9%
1 Year rank in sector
98/1001
Sector
PN Global Equities
Yield
-
Fund size
£1m (£0m 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.
111
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn46.9%
Baillie Gifford Lng Tm Gbl Gth Pn44.2%
Zurich BailGfrd LgTrmGblGth43.8%
FL Baillie Giff LT Gbl Gth Pn43%
Stan Life BGiff LgTmGlGtOEICPn42.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America55.1%
    Europe ex UK19.1%
    Global Emerging Markets12.5%
    UK6.6%
    Japan3.9%
  • Financials19.8%
    Information Technology18%
    Consumer Discretionary16.1%
    Health Care14.2%
    Industrials10.7%
  • North American Equities55.1%
    Europe ex UK Equities19.1%
    Global Emerging Market Equities12.5%
    UK Equities6.6%
    Japanese Equities3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%3.3%7.8%31.9%61.3%103.8%
Sector0.4%3.5%6.2%25.6%43.2%81.5%
Rank within sector628 / 1052540 / 1050191 / 103098 / 100143 / 865112 / 773
Quartile3rd3rd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.1%29.4%5.9%11.2%24.4%
Sector4.5%22.4%3.7%7.8%21.4%
Rank within sector572 / 1035160 / 957236 / 915179 / 846255 / 818
Quartile3rd1st2nd1st2nd
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.
2.88
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.
1.08
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.
1.25
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%.
11
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.
2.59
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.
1.47
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.
0.95
Price movement
52 week high1201.2
52 week low856.7
Current bid price-
Current offer price-
Current mid price1165.9
Region
1North America55.09%
2Europe ex UK19.1%
3Global Emerging Markets12.45%
4UK6.63%
5Japan3.93%
6Asia Pacific ex Japan2.8%
Industry sector
1Financials19.78%
2Information Technology18.01%
3Consumer Discretionary16.08%
4Health Care14.19%
5Industrials10.67%
6Consumer Staples8.95%
7Materials4.29%
8Energy3.84%
9Utilities1.68%
Asset type
1North American Equities55.09%
2Europe ex UK Equities19.1%
3Global Emerging Market Equities12.45%
4UK Equities6.63%
5Japanese Equities3.93%
6Asia Pacific ex Japan Equities2.8%
Individual holdings
1SAMSUNG ELECTRONICS CO1.79%
2BNP PARIBAS1.57%
3CITIGROUP INC1.55%
4APPLE INC1.5%
5MEDTRONIC INC1.4%
6TAIWAN SEMICONDUCTOR MANUFACTURING1.34%
7MICROSOFT CORP1.3%
8NESTLE SA1.21%
9ALPHABET INC. CLASS C1.19%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
Russell’s Multi-Manager concept targets consistent above benchmark performance. The fund aims to add consistent return increments against the benchmark, the MSCI World Index, by selecting specialist global equity managers who typically take more aggressive positions on stocks and sectors which the managers expect will offer the prospect of exceptional returns.
Benchmark
  • Russell Global Large Cap Net Index $NZ Hedged
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Phil Hoffman13/02/2015Phil's primary responsibility is the management of global equity multi-manager strategies for Russell clients in Europe, Australia and Canada. He has been managing these funds since 2004. Phil joined Russell's London office as a research analyst in 1995 and was promoted to senior research analyst in 1996. Immediately prior to joining Russell, Phil worked as a business consultant advising small companies on business strategy, marketing and raising finance.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Russell World Equity Pn CS1
Initial charge-
Annual charge0.8%
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 price1165.9
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code063R
Zurich Russell World Equity 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 price282.8
Offer price282.8
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeZ188
Zurich Russell World Equity Pn ZP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price305.4
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeZ022
Data provided by

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