Fact sheet: OMW AXA Fram Monthly Inc

Fund information
Fund name
OMW AXA Framlington Monthly Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • George Luckraftsince 08/09/2002
Underlying fund
AXA Framlington Mly Inc
Fund objective
The OMW AXA Framlington Monthly Income fund invests solely in the AXA Framlington Monthly Income fund, UK authorised Unit Trust managed by AXA Investment Managers UK Limited. The aim of the underlying fund is to combine a regular income with the potential for long term capital growth. The underlying fund will invest mainly in equities and fixed interest securities. The underlying fund provides monthly income payable direct to a UK bank or building society account. The underlying fund invests in bonds or money market instruments (including deposits with banks or other financial institutions). The yield and/or value of the fund will fluctuate as interest rates change. There is a possibility of default, reducing capital values.Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units.It should be noted that the performance of the OMW fund will not match that of the underlying investment due to OMW fund charges, appropriate taxation adjustment and the OMW investment process.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
5.9%
1 Year rank in sector
149/225
Sector
PN UK Equity Income
Yield
-
Fund size
£7m (£8m 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.
71
Bid price
142
Offer price
149.4
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96.1%
    Money Market3.9%
  • Financials24.6%
    Consumer Services12.7%
    Industrials12.7%
    Consumer Goods10.9%
    Oil & Gas9.6%
  • UK Equities96.1%
    Money Market3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-0.9%4.1%5.9%16.5%61.9%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector164 / 22998 / 229166 / 229149 / 225169 / 205107 / 192
Quartile3rd2nd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.1%4.1%7.2%25.1%10.8%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector143 / 225149 / 22014 / 20575 / 197138 / 192
Quartile3rd3rd1st2nd3rd
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.
0.47
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.
0.78
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.
0.14
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%.
8.52
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.
5.28
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.
-0.15
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.
0.67
Price movement
52 week high147.5
52 week low125
Current bid price142
Current offer price149.4
Current mid price-
Region
1UK96.07%
2Money Market3.93%
Industry sector
1Financials24.63%
2Consumer Services12.7%
3Industrials12.65%
4Consumer Goods10.94%
5Oil & Gas9.6%
6Health Care8.08%
7Technology7.59%
8Telecommunications4.76%
9Money Market3.93%
Asset type
1UK Equities96.07%
2Money Market3.93%
Individual holdings
1ROYAL DUTCH SHELL5.1%
2BP4.3%
3BRITISH AMERICAN TOBACCO4.3%
4HSBC HLDGS3.7%
5GLAXOSMITHKLINE3.2%
6VODAFONE GROUP2.8%
7ASTRAZENECA PLC2.7%
8IMPERIAL BRANDS PLC2.5%
9LLOYDS BANKING GROUP PLC2.1%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW AXA Framlington Monthly Income fund invests solely in the AXA Framlington Monthly Income fund, UK authorised Unit Trust managed by AXA Investment Managers UK Limited. The aim of the underlying fund is to combine a regular income with the potential for long term capital growth. The underlying fund will invest mainly in equities and fixed interest securities. The underlying fund provides monthly income payable direct to a UK bank or building society account. The underlying fund invests in bonds or money market instruments (including deposits with banks or other financial institutions). The yield and/or value of the fund will fluctuate as interest rates change. There is a possibility of default, reducing capital values.Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units.It should be noted that the performance of the OMW fund will not match that of the underlying investment due to OMW fund charges, appropriate taxation adjustment and the OMW investment process.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
No data available.
Fund manager
NameSinceBiography
George Luckraft08/09/2002George joined AXA Investment Managers in 2002 and is the lead fund manager for the AXA Framlington Equity Income, AXA Framlington Managed Income and AXA Framlington Monthly Income Funds. Previously he worked for Carrington Pembroke (subsequently ABN AMRO and now Artemis Unit Trust Managers) where he was Head of UK Equities. George graduated from Cambridge with a degree in Engineering and Land Economy in 1980.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW AXA Framlington Monthly Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price142
Offer price149.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXA22
OMW AXA Framlington Monthly Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price163.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXA23
Data provided by

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