Fact sheet: OMW Allianz Gilt Yld

Fund information
Fund name
OMW Allianz Gilt Yield Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Brian Tomlinsonsince 30/11/2015
  • Mike Riddellsince 30/11/2015
Underlying fund
Allianz Glt Yld
Fund objective
The OMW Allianz Gilt Yield fund invests solely in the Allianz Gilt Yield fund, a sub fund of Allianz UK & European Investment Funds a UK authorised OEIC managed by Allianz Global Investors GmbH.The underlying fund seeks to maximise total return, consistent with preservation of capital and prudent investment management, primarily through investment in United Kingdom Government Securities. 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 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.7%
1 Year rank in sector
70/177
Sector
PN UK Gilts
Yield
-
Fund size
£6m (£7m 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.
65
Bid price
543.8
Offer price
572.4
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn21.8%
Stan Life VanUK Long DurGtIdx Pn12.2%
Zurich Long Dated Gilt Pn11.8%
SSgA MPF UK Over 15 Conv Glt Idx Pn11.6%
AXA Wealth Teams Act UK Lg Glts Pn11.6%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK98%
    Money Market2.1%
    Not Specified-0.1%
  • Government Bonds96.5%
    Money Market2.1%
    Government Guaranteed1.5%
    Derivatives-0.1%
  • UK Gilts98%
    Money Market2.1%
    Foreign Exchange-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-4.6%5.7%18.5%19.6%
Sector0%1.3%-3.9%5.9%22%24.6%
Rank within sector74 / 1808 / 180148 / 17870 / 177114 / 172100 / 160
Quartile2nd1st4th2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.3%9.3%-0.9%10.6%-6%
Sector0.8%9.9%-0.3%13.3%-4.8%
Rank within sector15 / 18081 / 177142 / 175129 / 170126 / 166
Quartile1st2nd4th4th4th
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.
-1.05
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
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.
0.3
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%.
7.59
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.
1.23
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.
-0.87
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.
0.97
Price movement
52 week high576.9
52 week low505
Current bid price543.8
Current offer price572.4
Current mid price-
Region
1UK98%
2Money Market2.1%
3Not Specified-0.1%
Industry sector
1Government Bonds96.5%
2Money Market2.1%
3Government Guaranteed1.5%
4Derivatives-0.1%
Asset type
1UK Gilts98%
2Money Market2.1%
3Foreign Exchange-0.1%
Individual holdings
1UNITED KINGDOM GILT FIX 0.500% 22.07.202217.18%
2TREASURY 4.25% GILT 7/12/202714.3%
3UK TREAS 4.5% 07/09/203413.15%
4TREASURY 4.75% GILT 07/12/30 GBP9.22%
5TREASURY 1.5% GILT 22/07/26 GBP0.017.41%
6TREASURY 2% GILT 07/09/25 GBP0.015%
7UK TREASURY STRIP 4.25% TREASURY STRIP 07/09/39 PRINCIPAL4.94%
8TREASURY 1.5% GILT 22/07/47 GBP14.41%
9TREASURY 1.75% GILT 22/07/57 GBP0.014.4%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Allianz Gilt Yield fund invests solely in the Allianz Gilt Yield fund, a sub fund of Allianz UK & European Investment Funds a UK authorised OEIC managed by Allianz Global Investors GmbH.The underlying fund seeks to maximise total return, consistent with preservation of capital and prudent investment management, primarily through investment in United Kingdom Government Securities. 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 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Brian Tomlinson30/11/2015
Mike Riddell30/11/2015Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has nearly 15 years’ experience in fixed income having worked with M&G in London for 12 years, running bond portfolios, and prior to that at Premier Asset Management. As well as depth of experience, Mike’s experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Allianz Gilt Yield Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.55%
Bid price543.8
Offer price572.4
Mid price-
CurrencyGBX
Price updated29/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeUU10
OMW Allianz Gilt Yield SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price715.1
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZY46
Data provided by

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