Fact sheet: Zurich Tgt An 2023 Ret Pn

Fund information
Fund name
Zurich Target Annuity 2023 Retirement Pn ZP19
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This is designed by Mercer Limited for investors planning to retire in 2023 and intending to buy a fixed annuity at retirement. It invests in one or more underlyings to produce a portfolio with access to a range of asset classes. The emphasis of the gradually changes over its lifetime to ultimately invest around three quarters in government and corporate bonds and around a quarter in money market securities.
Benchmark
No data available.
Investment style
Target Maturity,Flexible
Investment method
None
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Flexible Investment
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.3%
Scot Eq UBS Stockmkt Mgd Pn25.9%
Aegon Mrc Divfd Gth Pn23.8%
FL Threadneedle Gbl Equ Inc Pn23.7%
FL Spicers Adventurous Pn23.3%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • No data available.
  • Others79.2%
    Government Bonds7.1%
    Utilities3.1%
    Financials2.9%
    Consumer Services1.1%
  • Others21.7%
    UK Equities18.8%
    North American Equities14.5%
    Global Developed Equities13.5%
    Global High Yield Fixed Interest6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-0.1%11.1%---
Sector0%-0.3%7.9%11.2%23.7%52.4%
Rank within sector164 / 485289 / 472137 / 464---
Quartile2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector10.9%2.5%6.7%14.8%10.5%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high575.5
52 week low482.9
Current bid price-
Current offer price-
Current mid price554.8
Region
No data available.
Industry sector
1Others79.21%
2Government Bonds7.06%
3Utilities3.1%
4Financials2.89%
5Consumer Services1.05%
6Fixed Interest0.98%
7Health Care0.85%
8Industrials0.82%
9Telecommunications0.75%
Asset type
1Others21.71%
2UK Equities18.75%
3North American Equities14.54%
4Global Developed Equities13.5%
5Global High Yield Fixed Interest6%
6Global Emerging Market Fixed Interest5.5%
7International Property5.5%
8International Small Cap Companies5.5%
9Global Corporate Fixed Interest4.5%
Individual holdings
1MGI DIVERSIFIED GROWTH FUND ACC50%
2LEGAL & GENERAL PRE-RETIREMENT21.87%
3AQUILA CONNECT CURRENCY HEDGED WORLD EX-UK EQUITY INDEX12.66%
4AQUILA HP UK EQUITY FUND S28.44%
5AQUILA HP WORLD (EX UK) EQUITY FUND S27.03%
Management
Fund manager group
Zurich
Fund manager company
Zurich Assurance Ltd
Fund type
Pension Fund
Fund objective
This is designed by Mercer Limited for investors planning to retire in 2023 and intending to buy a fixed annuity at retirement. It invests in one or more underlyings to produce a portfolio with access to a range of asset classes. The emphasis of the gradually changes over its lifetime to ultimately invest around three quarters in government and corporate bonds and around a quarter in money market securities.
Benchmark
No data available.
Investment style
Target Maturity,Flexible
Investment method
None
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Zurich Target Annuity 2023 Retirement Pn ZP13
Initial charge-
Annual charge0.34%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price578.1
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJPN
Zurich Target Annuity 2023 Retirement Pn ZP19
Initial charge-
Annual charge0.49%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price554.8
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3HH
Data provided by

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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.