Fact sheet: OMW Aberdeen Corporate Bond

Fund information
Fund name
OMW Aberdeen Corporate Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Pan European Credit Teamsince 17/07/2015
Underlying fund
Aberdeen Corporate Bond
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in Investment grade corporate Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Investment grade and sub-Investment grade Debt and debt-related securities denominated in any currency, including those issued by governments, public bodies and supra-national issuers, as well as money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest, Feeder fund
Quick stats
1 Year return
9.7%
1 Year rank in sector
81/265
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£4m (£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.
45
Bid price
106.1
Offer price
111.6
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP17.8%
AEGON Long Core Plus Pn16.6%
OMW IPL L&G AAA CrpBdOv15YIx Pn16%
FL TEActv Bln Bd IE15.5%
L&G PMC AAAAAA CpBd Ov15Y Id Pn15.3%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK63.7%
    USA9.8%
    France6.2%
    International4.9%
    Australia3.1%
  • Financials29.9%
    Industrials26.7%
    Utilities16.6%
    Government Bonds10.3%
    Others8.2%
  • UK Corporate Fixed Interest55%
    US Corporate Fixed Interest9.6%
    French Corporate Fixed Interest6.2%
    Australian Corporate Fixed Interest3.1%
    German Corporate Fixed Interest3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%3%1.9%9.7%18.8%36.5%
Sector1.1%3%1.7%8.9%19.7%38.5%
Rank within sector125 / 268129 / 26798 / 26681 / 265141 / 236143 / 219
Quartile2nd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.4%9.4%-0.2%9.3%0.4%
Sector2.2%9.4%0.2%10.5%1%
Rank within sector95 / 266125 / 262178 / 248169 / 236159 / 227
Quartile2nd2nd3rd3rd3rd
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.
-1.21
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.
1.14
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.
0.39
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%.
6.32
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.
1.47
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.
0.96
Price movement
52 week high108.6
52 week low96.5
Current bid price106.1
Current offer price111.6
Current mid price-
Region
1UK63.69%
2USA9.77%
3France6.17%
4International4.92%
5Australia3.09%
6Germany2.67%
7Netherlands2.1%
8Italy1.98%
9Europe1.05%
Industry sector
1Financials29.89%
2Industrials26.73%
3Utilities16.65%
4Government Bonds10.31%
5Others8.18%
6Mortgage & Secured Bonds3.51%
7Asset/Mortgage-Backed Securities3.28%
8Property Shares1.46%
Asset type
1UK Corporate Fixed Interest54.96%
2US Corporate Fixed Interest9.62%
3French Corporate Fixed Interest6.17%
4Australian Corporate Fixed Interest3.09%
5German Corporate Fixed Interest3.03%
6UK Gilts2.65%
7Global Fixed Interest2.5%
8Supranational Fixed Interest2.42%
9Futures2.41%
Individual holdings
1BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.5%
2BP CAPITAL MARKETS 2.03% GTD NTS 14/02/25 GBP1000001.3%
3SSE 3.875%1.2%
4TREASURY 4.25% GILT 07/12/55 GBP0.011.2%
5TREASURY 4.5% GILT 7/9/2034 GBP0.011.2%
6FRIENDS LIFE HLDGS 8.25% 21/04/221.1%
7HEATHROW FUNDING (EXP 10/12/31)1.1%
8HSBC HLDGS 7% SUBORD NTS 07/04/38 GBP500001.1%
9HSBC HLDGS 6.50% NTS 20/05/24 GBP50000 `15`0.9%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in Investment grade corporate Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Investment grade and sub-Investment grade Debt and debt-related securities denominated in any currency, including those issued by governments, public bodies and supra-national issuers, as well as money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest, Feeder fund
Fund manager
NameSinceBiography
Pan European Credit Team17/07/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Aberdeen Corporate Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price106.1
Offer price111.6
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV689
OMW Aberdeen Corporate Bond SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price113
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV688
Data provided by

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