Fact sheet: Zurich Schroder Glt&Fxd Interest AP

Fund information
Fund name
Zurich Schroder Glt&Fxd Interest AP
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund managers
  • Thomas Sartainsince 28/01/2013
  • James Lindsay-Fynnsince 17/03/2016
Underlying fund
Schroder Gilt & Fixed Int
Fund objective
The fund's investment objective is to achieve a high level of income with the potential for capital growth, from investment in a diversified portfolio of sterling denominated fixed interest securities. Investments will include British and other government securities, corporate obligations, Eurobonds, local authority loans, money market deposits and other sterling denominated fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6.5%
1 Year rank in sector
55/178
Sector
PN UK Gilts
Yield
-
Fund size
£0m (£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.
48
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn20.8%
FL TMLgGltTra EP13.4%
AXA Wealth Teams Act UK Lg Glts Pn13.3%
AEGON UK Long Gilt Pn12.2%
Stan Life VanUK Long DurGtIdx Pn11.8%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK96.5%
    USA3.1%
    Sweden0.6%
    Not Specified0.1%
    Money Market-0.2%
  • Government Bonds97.6%
    Financials1.6%
    Industrials0.5%
    Utilities0.4%
    Derivatives0.1%
  • UK Gilts97.6%
    UK Fixed Interest2.5%
    Alternative Investment Strategies0.1%
    Money Market-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-7%1.2%6.5%21.4%21.8%
Sector-1.8%-6.9%1.2%6.3%21.3%21.3%
Rank within sector100 / 179118 / 17854 / 17855 / 17845 / 17040 / 156
Quartile3rd3rd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.5%0.3%13.2%-4%2.3%
Sector8%-0.3%13.3%-4.8%2.3%
Rank within sector76 / 17849 / 17536 / 17024 / 16565 / 156
Quartile2nd2nd1st1st2nd
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.
0.46
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%.
7.13
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.
0.98
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.
0.39
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.
0.98
Price movement
52 week high207.6
52 week low178.1
Current bid price-
Current offer price-
Current mid price191.8
Region
1UK96.45%
2USA3.14%
3Sweden0.55%
4Not Specified0.1%
5Money Market-0.24%
Industry sector
1Government Bonds97.64%
2Financials1.64%
3Industrials0.52%
4Utilities0.35%
5Derivatives0.1%
6Money Market-0.24%
Asset type
1UK Gilts97.64%
2UK Fixed Interest2.51%
3Alternative Investment Strategies0.1%
4Money Market-0.24%
Individual holdings
1TREASURY 3.75% GILT 07/09/19 GBP0.018.24%
2TREASURY 5% GILT 07/03/18 GBP7.7%
3TREASURY 1.5 GILT 22/01/21 GBP0.016.54%
4TREASURY 3.75% GILT 07/09/21 GBP5.13%
5TREASURY 4.25% GILT 07/06/2032 GBP0.014%
6TREASURY 1.5% GILT 22/07/26 GBP0.013.92%
7TREASURY 4% GILT 22/01/60 GBP0.013.83%
8TREASURY 4.25% GILT 07/03/36 GBP0.013.71%
9TREASURY 4.5% GILT 7/12/42 GBP3.66%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
The fund's investment objective is to achieve a high level of income with the potential for capital growth, from investment in a diversified portfolio of sterling denominated fixed interest securities. Investments will include British and other government securities, corporate obligations, Eurobonds, local authority loans, money market deposits and other sterling denominated fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Thomas Sartain28/01/2013Thomas Sartain is UK & European Money Market & Government Bond Fund Manager, based in London.He Joined Schroders in 2005 as fund manager’s assistant on the global fixed income desk. His Financial Markets career commenced in 2003 upon joining Royal Bank of Scotland. He has BA (Hons) degree in Management and Business Administration, University of Reading.
James Lindsay-Fynn17/03/2016
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Schroder Glt&Fxd Interest AP
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price191.8
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeA766
Data provided by

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