Fact sheet: OMW AXA Framlington Emg Mkts

Fund information
Fund name
OMW AXA Framlington Emerging Markets Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Paul Birchenoughsince 01/03/2015
  • Ian Smithsince 01/03/2015
Underlying fund
AXA Framlington Emg Mkts
Fund objective
The OMW AXA Framlington Emerging Markets fund invests solely in the AXA Framlington Emerging Markets fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited.The underlying fund seeks to provide capital growth through investment in companies which are incorporated, have their headquarters, or have their principal operations, in countries which are, in the Managers opinion, developing countries.Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures.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.The underlying fund may be denominated in or hold assets in a currency other than Sterling. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations.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
24.8%
1 Year rank in sector
210/260
Sector
PN Global Emerging Markets
Yield
-
Fund size
£7m (£6m 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.
123
Bid price
410.4
Offer price
432
Top in this sector
Fund name1 Year
FL Jupiter India EP47.2%
Zurich Jupiter India Pn47%
AXA Wealth Jupiter India Pn46.5%
LV= Jupiter India Pn46.3%
RLP Jupiter India Pn46%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • China25.4%
    Others23.8%
    India15.5%
    Brazil7.3%
    Mexico7.1%
  • Information Technology25.3%
    Financials22.9%
    Consumer Discretionary13.6%
    Consumer Staples9.4%
    Health Care7.2%
  • Chinese Equities25.4%
    International Equities23.8%
    Indian Equities15.5%
    Brazilian Equities7.3%
    Mexican Equities7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%5.7%-1.7%24.8%35.7%24.9%
Sector-3.5%3.7%1%27.5%35.9%33.6%
Rank within sector61 / 26850 / 268238 / 265210 / 260105 / 220150 / 187
Quartile1st1st4th4th2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund8.4%23.8%-5.8%2%-7.2%
Sector6.8%31.9%-8.5%3%-3.4%
Rank within sector77 / 268217 / 25777 / 245150 / 218151 / 200
Quartile2nd4th2nd3rd4th
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.
0.13
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.
0.99
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.
0.53
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%.
15.96
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.
3.62
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
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.
0.95
Price movement
52 week high426.7
52 week low309.5
Current bid price410.4
Current offer price432
Current mid price-
Region
1China25.44%
2Others23.83%
3India15.53%
4Brazil7.25%
5Mexico7.11%
6Korea5.85%
7Taiwan4.05%
8South Africa4%
9Indonesia3.91%
Industry sector
1Information Technology25.29%
2Financials22.93%
3Consumer Discretionary13.55%
4Consumer Staples9.42%
5Health Care7.2%
6Energy6.41%
7Real Estate4.18%
8Materials4.05%
9Industrials3.18%
Asset type
1Chinese Equities25.44%
2International Equities23.83%
3Indian Equities15.53%
4Brazilian Equities7.25%
5Mexican Equities7.11%
6South Korean Equities5.85%
7Taiwanese Equities4.05%
8South African Equities4%
9Indonesian Equities3.91%
Individual holdings
1TENCENT HLDGS LIMITED5.4%
2SAMSUNG ELECTRONICS CO4.4%
3ALIBABA GROUP HLDG LTD3.5%
4BAIDU INC3.4%
5CNOOC3.2%
6HIKMA PHARMACEUTICALS3.2%
7ZEE ENTERTAINMENT ENTERPRISES LTD2.7%
8ZEE ENTERTAINMENT ENTERPRISES LTD2.7%
9CHINA CONSTRUCTION BANK2.5%
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 Emerging Markets fund invests solely in the AXA Framlington Emerging Markets fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited.The underlying fund seeks to provide capital growth through investment in companies which are incorporated, have their headquarters, or have their principal operations, in countries which are, in the Managers opinion, developing countries.Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures.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.The underlying fund may be denominated in or hold assets in a currency other than Sterling. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations.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
Paul Birchenough01/03/2015Paul Birchenough joined AXA IM in April 2011. Paul joined AXA IM from Nevsky Capital where he worked as an Investment Analyst specialising in the Latin America region with broad sector coverage. Prior to joining Nevsky Capital in early 2010, he was an Associate within the Corporate Finance department at KPMG. Paul’s earlier career at KPMG included positions in Transaction Services and the Audit department. Paul has a BSc (Hons) in Mathematics from Nottingham University and is an Associate Chartered Accountant.
Ian Smith01/03/2015Ian joined AXA IM in February 2012. Prior to joining AXA IM, Ian was an Investment Analyst with Matrix Group responsible for covering the Financials sector within Asia. Prior to that Ian worked for Nevsky Capital responsible for covering the Financials sector within Latam & Asia. Ian has a BA in Economics and Politics from Durham University and gained ACA qualification in 2003.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW AXA Framlington Emerging Markets Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price410.4
Offer price432
Mid price-
CurrencyGBX
Price updated20/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeKS69
OMW AXA Framlington Emerging Markets SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price523.3
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX44
Data provided by

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