Fact sheet: Zurich SchdrUKAlpPl

Fund information
Fund name
Zurich Schroder UK Alpha Plus 3/4 AP Cap
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Philip Matthewssince 16/10/2013
Underlying fund
Schroder UK Alpha Plus
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in a concentrated range of shares of UK companies. The fund has no bias to any particular industry or size of company. 'Alpha' funds invest in companies in which we have a high conviction that the current share price does not reflect the future prospects for that business. The fund will typically hold between 50 and 60 companies. The fund will invest in companies which offer the best combination of value and quality in the market. Attention is paid to balance sheet strength, cash generation and where the company is in the business cycle. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.7%
1 Year rank in sector
713/845
Sector
PN UK All Companies
Yield
-
Fund size
£7m (£8m 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.
91
Bid price
718.2
Offer price
756
Top in this sector
Fund name1 Year
Fidelity UBS UK Select Pn38%
Halifax IM UK Growth Pn37%
Stan Life SLI UK Eq Rcvry Pn37%
CM UBS UK Opportunities Pension36.8%
SW UBS UK Opps Pn36.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.9%
    Money Market0.1%
  • Financials24.4%
    Consumer Services20.4%
    Industrials14.4%
    Oil & Gas13.4%
    Health Care8.9%
  • UK Equities100.3%
    Money Market-0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%4.5%9.4%15.7%7.2%53.4%
Sector4.3%5.9%12.8%21.7%25.3%78.6%
Rank within sector499 / 867692 / 865809 / 862713 / 845793 / 804723 / 761
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund5%6.9%-1.5%-5%23.3%
Sector8.5%10.2%4.4%0.6%24.2%
Rank within sector824 / 861605 / 837735 / 824739 / 799413 / 780
Quartile4th3rd4th4th3rd
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.
-5.51
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
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
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%.
9.69
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.
2.52
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.
-2.18
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.
0.93
Price movement
52 week high717.4
52 week low582.2
Current bid price718.2
Current offer price756
Current mid price-
Region
1UK99.92%
2Money Market0.08%
Industry sector
1Financials24.43%
2Consumer Services20.38%
3Industrials14.35%
4Oil & Gas13.43%
5Health Care8.86%
6Technology6.65%
7Consumer Goods5.07%
8Telecommunications3.67%
9Utilities3.09%
Asset type
1UK Equities100.28%
2Money Market-0.28%
Individual holdings
1ROYAL DUTCH SHELL8.07%
2BP5.09%
3BRITISH AMERICAN TOBACCO5.07%
4LLOYDS BANKING GROUP PLC4.77%
5AVIVA4.72%
6STANDARD CHARTERED4.67%
7GLAXOSMITHKLINE4.34%
8BALFOUR BEATTY3.78%
9TESCO3.73%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in a concentrated range of shares of UK companies. The fund has no bias to any particular industry or size of company. 'Alpha' funds invest in companies in which we have a high conviction that the current share price does not reflect the future prospects for that business. The fund will typically hold between 50 and 60 companies. The fund will invest in companies which offer the best combination of value and quality in the market. Attention is paid to balance sheet strength, cash generation and where the company is in the business cycle. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Philip Matthews16/10/2013Philip Matthews joined Schroders in October 2013 to take over management of the Schroder UK Alpha Plus Fund. At the beginning of 1999 Philip joined Jupiter's fund management department and has managed both retail and UK institutional portfolios since November 2001. Philip has managed the Jupiter Growth & Income Fund since April 2006 and was also the Deputy Fund Manager of Jupiter Income Trust. Prior to this Philip worked at Chesterton plc in the Residential Investment and Development Department. Philip Matthews studied at Cambridge University where he gained a degree in Modern & Medieval Languages.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Schroder UK Alpha Plus 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)1.91%
Bid price896.8
Offer price944
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9F4
Zurich Schroder UK Alpha Plus 3/4 AP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price1096.7
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVS6
Zurich Schroder UK Alpha Plus 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)1.66%
Bid price911.9
Offer price959.9
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9F5
Zurich Schroder UK Alpha Plus 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)5.16%
Bid price718.2
Offer price756
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9F6
Zurich Schroder UK Alpha Plus Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price216.8
Offer price216.8
Mid price-
CurrencyGBX
Price updated24/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAIU2
Zurich Schroder UK Alpha Plus ZP
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price242.3
CurrencyGBX
Price updated24/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ332
Data provided by

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