Fact sheet: OMW AXA Fram UK Gth

Fund information
Fund name
OMW AXA Framlington UK Growth Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Jamie Hoopersince 20/11/2006
  • Nigel Thomassince 31/07/2013
Underlying fund
AXA Framlington UK Growth
Fund objective
The OMW AXA Framlington UK Growth fund invests solely in the AXA Framlington UK Growth fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited. The underlying fund seeks to provide capital growth through investment principally in UK large and medium capitalisation companies which, in the Manager's opinion, show above average profitability, management quality and growth.The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors.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
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
1.4%
1 Year rank in sector
640/845
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£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.
112
Bid price
186.8
Offer price
196.6
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn44.1%
Fidelity UBS UK Select Pn23.4%
Halifax IM UK Growth Pn23.1%
CM UBS UK Opportunities Pension22.9%
SW UBS UK Opps Pn22.5%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.4%
    Money Market1.6%
  • Industrials20.3%
    Health Care15.2%
    Consumer Services14.1%
    Consumer Goods13.5%
    Oil & Gas12.3%
  • UK Equities98.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%-2.3%4.6%1.4%14%51.7%
Sector0.8%-1.5%5.9%5.4%14.8%57%
Rank within sector477 / 867529 / 864567 / 863640 / 845425 / 807457 / 758
Quartile3rd3rd3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.1%4.4%0.7%26%11.2%
Sector5.4%4.4%0.6%24.2%15.4%
Rank within sector563 / 845385 / 833375 / 808306 / 787570 / 760
Quartile3rd2nd2nd2nd3rd
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.
-1.14
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.
1.12
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%.
11.14
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.
2.89
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.
-0.26
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.
0.94
Price movement
52 week high198.1
52 week low156.1
Current bid price186.8
Current offer price196.6
Current mid price-
Region
1UK98.36%
2Money Market1.64%
Industry sector
1Industrials20.28%
2Health Care15.18%
3Consumer Services14.07%
4Consumer Goods13.53%
5Oil & Gas12.33%
6Financials11.94%
7Basic Materials5.91%
8Technology5.12%
9Money Market1.64%
Asset type
1UK Equities98.36%
2Money Market1.64%
Individual holdings
1BP5.7%
2ROYAL DUTCH SHELL5%
3GLAXOSMITHKLINE4.7%
4PRUDENTIAL PLC3.5%
5RIO TINTO3.5%
6SHIRE PLC3.5%
7CRH3.1%
8RECKITT BENCKISER GROUP PLC3%
9ASTRAZENECA PLC2.8%
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 UK Growth fund invests solely in the AXA Framlington UK Growth fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited. The underlying fund seeks to provide capital growth through investment principally in UK large and medium capitalisation companies which, in the Manager's opinion, show above average profitability, management quality and growth.The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors.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
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Jamie Hooper20/11/2006Jamie Hooper joined AXA Investment Managers in November 2006 and is the lead manager responsible for the AXA Framlington UK Growth fund. Jamie joined from Foreign & Colonial (F&C) where he worked initially as a analyst of pan-European financial companies before successfully managing UK equity portfolios for both Institutional and Investment Trust clients (including the ISIS UK Select Trust plc). He joined F&C in 1995 following a career in banking, where Jamie worked for Barclays plc as a senior corporate advances analyst for eight years. Jamie is an Associate of the Chartered Institute of Bankers and the UK Society of Investment Professionals (formerly AIIMR).
Nigel Thomas31/07/2013Nigel joined AXA Investment Managers in 2002. He is the lead manager for the AXA Framlington UK Select Opportunities Fund. He trained as an accountant with Robson Rhodes, leaving to join Carrington Pembroke (subsequently ABN AMRO and now Artemis Unit Trust Managers) as a Private Client Portfolio Manager. He subsequently joined Hill Samuel to run the Hill Samuel Smaller Companies Unit Trust for two years before rejoining Carrington Pembroke in 1986, launching and managing their UK Growth Fund. Nigel graduated from University College London with a degree in Economics and Geography in 1976.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW AXA Framlington UK Growth Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.96%
Bid price186.8
Offer price196.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHP34
OMW AXA Framlington UK Growth Pn Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.16%
Bid price163.6
Offer price172.2
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEV58
OMW AXA Framlington UK Growth SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price222.4
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX55
OMW AXA Framlington UK Growth SP Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price186.4
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEV59
Data provided by

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