Nikon 1 11-27.5mm f3.5-5.6 is an Auto Focus (AF) Standard Zoom lens with 1" max sensor coverage. When mounted on a 1" sensor camera, it will give you an FF equivalent focal range of 29.7 - 75.6mm. With a max aperture of f3.5 at 11mm, we can not consider this lens fast on wide end and neither at tele end with its f5.6.
Nikon 1 11-27.5mm f3.5-5.6 is not a weather sealed lens, so you have to be extra careful against rain and dust.