Fact sheet: OMW AXA Framlington Health

Fund information
Fund name
OMW AXA Framlington Health Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Dani Saurympersince 31/03/2015
Underlying fund
AXA Framlington Health
Fund objective
The OMW AXA Framlington Health fund invests solely in the AXA Framlington Health fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited.The underlying fund seeks to provide capital growth through investment in healthcare and medical services and product companies worldwide. Investment will be in producers of pharmaceuticals, biotechnology firms, medical device and instrument manufacturers, distributors of healthcare products, care providers and managers and other healthcare services companies.Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease.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
No data available.
Quick stats
1 Year return
4.2%
1 Year rank in sector
317/513
Sector
PN Specialist
Yield
-
Fund size
£40m (£40m 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.
132
Bid price
1427.8
Offer price
1502.9
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus39.8%
ReAssure AL NptRu&GtrRus Pn39.2%
L&G Nep Russia&Gtr Russia Pn39%
Scot Eq JPM Emg Eur Eq Pn36.3%
OMW InvescoPerpetualEmgEurpn34.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • North America69.2%
    Europe ex UK13.2%
    UK9.4%
    Money Market3.6%
    Japan3.3%
  • Biotechnology/Medical30.4%
    Pharmaceuticals27.4%
    Health Care17.7%
    Healthcare & Medical Products16.6%
    Money Market3.6%
  • North American Equities69.2%
    Europe ex UK Equities13.2%
    UK Equities9.4%
    Money Market3.6%
    Japanese Equities3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-5%4.1%4.2%48.1%123.7%
Sector-0.9%-0.9%6%8.2%20.2%40.8%
Rank within sector338 / 546499 / 544283 / 531317 / 51331 / 38614 / 317
Quartile3rd4th3rd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund1%10.9%30.2%32.2%12.9%
Sector8.2%2%7.2%11%7.7%
Rank within sector404 / 51424 / 45011 / 38819 / 35759 / 318
Quartile4th1st1st1st1st
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.
3.03
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.
1.88
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.
0.78
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%.
14.45
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.
10.48
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.
0.75
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.
0.6
Price movement
52 week high1622.8
52 week low1211.5
Current bid price1427.8
Current offer price1502.9
Current mid price-
Region
1North America69.24%
2Europe ex UK13.22%
3UK9.44%
4Money Market3.55%
5Japan3.26%
6Global Emerging Markets1.29%
Industry sector
1Biotechnology/Medical30.41%
2Pharmaceuticals27.35%
3Health Care17.68%
4Healthcare & Medical Products16.59%
5Money Market3.55%
6Hospital1.84%
7Food & Drug Retailers1.55%
8Conglomerates1.03%
Asset type
1North American Equities69.24%
2Europe ex UK Equities13.22%
3UK Equities9.44%
4Money Market3.55%
5Japanese Equities3.26%
6Global Emerging Market Equities1.29%
Individual holdings
1ROCHE HLDG AG5%
2GLAXOSMITHKLINE PLC4.6%
3ALLERGAN PLC4.2%
4GILEAD SCIENCES INC4.2%
5UNITEDHEALTH GROUP INC4.2%
6CELGENE CORP4%
7MEDTRONIC INC3.7%
8LILLY (ELI) & CO3.5%
9ABBVIE INC3.3%
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 Health fund invests solely in the AXA Framlington Health fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited.The underlying fund seeks to provide capital growth through investment in healthcare and medical services and product companies worldwide. Investment will be in producers of pharmaceuticals, biotechnology firms, medical device and instrument manufacturers, distributors of healthcare products, care providers and managers and other healthcare services companies.Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease.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
No data available.
Fund managers
NameSinceBiography
Dani Saurymper31/03/2015Dani Saurymper joined AXA IM in April 2015 as Portfolio Manager for the AXA Framlington Health funds. Dani has 14 years’ experience. Prior to joining AXA IM in April 2015 as Portfolio Manager, he was a senior equity research analyst covering European Healthcare at Barclays Capital. Dani started his career at Goldman Sachs as a senior pharmaceutical analyst covering European Pharmaceuticals, before moving to Nomura as a sector specialist covering global healthcare Dani graduated from Leeds University with a BSc in Management Studies and Pharmacology and holds an MSc in International Business from the Manchester School of Management, UMIST.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW AXA Framlington Health Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price1427.8
Offer price1502.9
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZS38
OMW AXA Framlington Health SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price1833.4
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX49
Data provided by

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