Fact sheet: OMW Allianz US Equity

Fund information
Fund name
OMW Allianz US Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Steve Berexasince 14/10/2013
  • Jeffrey Parkersince 18/06/2015
Underlying fund
Allianz US Equity
Fund objective
The OMW Allianz US Equity fund invests solely in the Allianz US Equity fund, a sub fund of Allianz International Investment Funds, a UK authorised OEIC managed by Allianz Global Investors Europe. The underlying fund seeks to achieve capital growth through investment in leading North American companies. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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
  • Standard & Poor 500 Total Return Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
26.7%
1 Year rank in sector
289/310
Sector
PN North America
Yield
-
Fund size
£0m (£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.
116
Bid price
195.7
Offer price
206
Top in this sector
Fund name1 Year
FL Baill GiffNthAmEq XE/IEPn41.6%
FL Baill Giff North Am Eq Pn41.6%
Baillie Gifford North American Pn41.4%
FL Baillie Giff Amr AP41.4%
Scot Eq UBS US Equity Pn40.5%
...more in PN North America

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%-3.5%2.5%26.7%62.1%102.6%
Sector0.5%-1.7%4.6%31.5%64.7%121.1%
Rank within sector188 / 317278 / 315260 / 313289 / 310197 / 286228 / 266
Quartile3rd4th4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.8%29.5%4.7%18.3%21.7%
Sector1.6%30.9%4.4%18.7%29.2%
Rank within sector191 / 314200 / 299127 / 294176 / 286274 / 274
Quartile3rd3rd2nd3rd4th
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.
-0.94
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.
1.02
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.
1.13
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%.
12.58
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.
4.29
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.
-0.15
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.
0.88
Price movement
52 week high208.6
52 week low152.1
Current bid price195.7
Current offer price206
Current mid price-
Region
1USA100%
Industry sector
1Technology21.3%
2Financials18.9%
3Health Care16.8%
4Consumer Services15.1%
5Industrials8.8%
6Consumer Goods8.6%
7Oil & Gas5.4%
8Basic Materials3.7%
9Others1.4%
Asset type
1US Equities100%
Individual holdings
1MICROSOFT CORP3.97%
2JPMORGAN CHASE & CO3.48%
3BANK OF AMERICA CORP3.43%
4COMCAST CORP(NEW)3.3%
5UNITEDHEALTH GROUP INC2.76%
6MERCK & CO INC(NEW)2.64%
7INTERCONTINENTAL EXCHANGE GRP INC2.51%
8HOME DEPOT INC2.4%
9MOBILEYE NV2.39%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Allianz US Equity fund invests solely in the Allianz US Equity fund, a sub fund of Allianz International Investment Funds, a UK authorised OEIC managed by Allianz Global Investors Europe. The underlying fund seeks to achieve capital growth through investment in leading North American companies. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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
  • Standard & Poor 500 Total Return Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Steve Berexa14/10/2013Mr. Berexa is a senior portfolio manager and managing director with Allianz Global Investors, which he joined in 1997. He is the global head of research, encompassing equity, credit, GrassrootsSM, and environment, sustainability and governance research. Mr. Berexa is responsible for a number of investment systems, including Chatter implementation for investment collaboration. He also lead-manages a number of thematic fund offerings. Previously, Mr. Berexa was US director of research and head of the US tech team. He has 26 years of experience in the investment industry. Before joining the firm, Mr. Berexa worked at Prudential in a private placement unit, with responsibilities for the subordinated debt of renewable energy projects as well as credit and LBOs. Before that, he was a tech analyst at Chancellor/LGT Asset Management. Mr. Berexa has a B.S.E.E. and an M.B.A. from Duke University, where he studied electrical engineering and computer science and was awarded an Angier B. Duke scholarship. He is a CFA charterholder.
Jeffrey Parker18/06/2015Mr. Parker, CFA, is a senior portfolio manager, a managing director and Co-CIO Equity US with Allianz Global Investors, which he joined in 1999. He previously had portfolio-management and research-oversight responsibilities for the Large and Mid Cap Growth teams. Mr. Parker has 25 years of investment-industry experience. Before joining the firm, he worked at Eagle Asset Management. Mr. Parker has a B.B.A. from University of Miami and an M.B.A. from Vanderbilt University.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Allianz US Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price195.7
Offer price206
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISV9
OMW Allianz US Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price217.3
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISW0
Data provided by

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