Fact sheet: Zurich Tgt Cs 2018 Ret Pn

Fund information
Fund name
Zurich Target Cash 2018 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 2018 and transfer their assets into cash at their selected retirement date. 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 completely invest in one or more actively-managed underlying(s) that invest in a portfolio of high quality short-term Sterling denominated money market instruments.
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
Scot Eq UBS Stockmkt Mgd Pn28.6%
Aviva Variable Annuity CU Pn27.3%
FL Spicers Adventurous Pn25.6%
Aegon Mrc Divfd Gth Pn25.2%
OMW IPL F&CUK EqLkd GiltPn24.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • No data available.
  • Certificates of Deposit33.5%
    Corporate Bonds18.5%
    Money Market18.4%
    Fixed Interest11.3%
    Commercial Paper8.6%
  • Money Market50%
    UK Corporate Fixed Interest25%
    Global Developed Equities6.8%
    Global High Yield Fixed Interest3%
    Global Emerging Market Fixed Interest2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.2%4%---
Sector0.1%0.2%8.6%12%24.6%53.7%
Rank within sector275 / 485341 / 472407 / 464---
Quartile3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector11.7%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 high526.6
52 week low497.1
Current bid price-
Current offer price-
Current mid price522.1
Region
No data available.
Industry sector
1Certificates of Deposit33.54%
2Corporate Bonds18.53%
3Money Market18.39%
4Fixed Interest11.26%
5Commercial Paper8.55%
6Time Deposits4.74%
7Government Bonds2.54%
8Asset Backed Commercial Paper1.23%
9Others1.22%
Asset type
1Money Market50%
2UK Corporate Fixed Interest25%
3Global Developed Equities6.75%
4Global High Yield Fixed Interest3%
5Global Emerging Market Fixed Interest2.75%
6International Property2.75%
7International Small Cap Companies2.75%
8Others2.5%
9Global Corporate Fixed Interest2.25%
Individual holdings
1BLACKROCK INST STERLING LIQUIDITY FUND HERITAGE (DIS)68.74%
2AQUILA CONNECT CORPORATE BOND ALL STOCKS INDEX15.63%
3MGI DIVERSIFIED GROWTH FUND ACC15.63%
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 2018 and transfer their assets into cash at their selected retirement date. 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 completely invest in one or more actively-managed underlying(s) that invest in a portfolio of high quality short-term Sterling denominated money market instruments.
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 Cash 2018 Retirement Pn ZP13
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price535.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJPR
Zurich Target Cash 2018 Retirement Pn ZP19
Initial charge-
Annual charge0.46%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price522.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3HJ
Data provided by

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