Fact sheet: Zurich Schrdr MMDivstyPn

Fund information
Fund name
Zurich Schroder MM Diversity Pn ZP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Marcus Brookessince 23/10/2007
  • Robin McDonaldsince 23/10/2007
Underlying fund
Schroder MM Diversity
Fund objective
The fund aims to provide a total return in excess of inflation, as measured by the UK Consumer Prices Index over a market cycle. The fund invests in a diversified multi-asset portfolio of funds that invest in shares and bonds of companies in the UK and worldwide, government bonds and other fixed income securities. The fund may also invest directly in shares, bonds and money market instruments and hold cash and foreign currency on deposit. The fund may gain exposure to alternative asset classes including real estate, commodities, hedge funds, structured products and private equity. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • Consumer Price Index (CPI)
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6%
1 Year rank in sector
303/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£2m (£3m 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.
35
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn27.1%
AXA Wealth TEAMS cl Gvn ptfl VPn19.3%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.4%
FL Investec Caut Mgd Pn16.6%
AXA Wealth TEAMS cl Gvn ptfl IIIPn16.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Hedge29.1%
    Money Market26%
    UK Equities11.2%
    Global Fixed Interest10.1%
    International Equities10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%0.8%5.2%6%8.4%34.6%
Sector-1.9%-1.6%6.6%8.2%17.2%39.9%
Rank within sector154 / 52965 / 529354 / 517303 / 462366 / 397249 / 339
Quartile2nd1st3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%0.3%2.1%11.6%10.1%
Sector8.9%1.3%6%8.3%9.4%
Rank within sector351 / 463300 / 425346 / 399101 / 381161 / 339
Quartile4th3rd4th2nd2nd
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.
0.18
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.
0.48
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%.
3.42
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.
3.55
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.
-0.76
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.
0.53
Price movement
52 week high786.4
52 week low711.6
Current bid price-
Current offer price-
Current mid price775.7
Region
No data available.
Industry sector
No data available.
Asset type
1Hedge29.1%
2Money Market26%
3UK Equities11.2%
4Global Fixed Interest10.1%
5International Equities10.1%
6Commodity & Energy6.9%
7Japanese Equities4.9%
8Europe ex UK Equities1.7%
Individual holdings
1SCHRODER STERLING LIQUIDITY PLUS I ACC23.28%
2JPM INCOME OPPORTUNITY PLUS C HEDGED (PERF) DIS NAV GBP10.09%
3MAJEDIE TORTOISE G GBP9.05%
4GAM GLOBAL DIVERSIFIED INST ACC7.08%
5MORG STNLY DIVERSIFIED ALPHA PLUS ZH GBP7.08%
6THESIS TM SANDITON EUROPEAN SELECT F ACC GBP5.45%
7RWC INCOME OPPORTUNITIES B DIS GBP4.04%
8ISHARES PHYSICAL GOLD ETC GBP3.7%
9ISHARES PHYSICAL GOLD ETC GBP3.7%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide a total return in excess of inflation, as measured by the UK Consumer Prices Index over a market cycle. The fund invests in a diversified multi-asset portfolio of funds that invest in shares and bonds of companies in the UK and worldwide, government bonds and other fixed income securities. The fund may also invest directly in shares, bonds and money market instruments and hold cash and foreign currency on deposit. The fund may gain exposure to alternative asset classes including real estate, commodities, hedge funds, structured products and private equity. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • Consumer Price Index (CPI)
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Marcus Brookes23/10/2007Marcus Brookes, Head of Multi-Manager, joined Schroders in July 2013 following the acquisition of Cazenove Capital. Previous to the acquisition he was the Head of Multi Manager at Cazenove Capital, which he joined in January 2008. Prior to this Marcus was the Deputy Head of Multi Manager at Gartmore, a position he held from November 2004. Up to this time he spent 3.5 years from May 2001 as the Co-Manager of Multi Manager, at Rothschild Asset Management. Marcus began his career on 28 September 1994 when he joined Friends, Ivory and Sime, where he became the Multi Manager Fund Manager. Marcus qualified from University of Stirling with MSc. Investment Analysis.
Robin McDonald23/10/2007Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin is a Director of Cazenove Capital and has 13 years investment experience and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Schroder MM Diversity 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 price713.4
Offer price713.4
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeCBX0
Zurich Schroder MM Diversity Pn ZP
Initial charge-
Annual charge0.3%
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 price775.7
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCBK7
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.