Fact sheet: OMW Artemis Global Income

Fund information
Fund name
OMW Artemis Global Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Jacob de Tusch-Lecsince 19/07/2010
Underlying fund
Artemis Global Income
Fund objective
The OMW Artemis Global Income Fund invests solely in the Artemis Global Income Fund, a UK Authorised Unit Trust managed by Artemis Fund Managers Limited. The aim of the underlying fund is to achieve a rising income combined with capital growth primarily from a portfolio of equities selected on a global basis. 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 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. The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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 or derivatives fails to honour their obligation. 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 adjustments and the OMW investment process.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
27.1%
1 Year rank in sector
744/984
Sector
PN Global Equities
Yield
-
Fund size
£11m (£14m 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.
110
Bid price
235.6
Offer price
248
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn53%
Baillie Gifford Lng Tm Gbl Gth Pn52.1%
Zurich BailGfrd LgTrmGblGth51.7%
Stan Life BGiff LgTmGlGtOEICPn50.6%
FL Baillie Giff LT Gbl Gth Pn47.5%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA30.6%
    Italy14.4%
    UK7.4%
    Germany7.1%
    Norway6%
  • Banks17.9%
    Telecommunications Utilities12.5%
    Financials12.1%
    Capital Goods8.5%
    Insurance8%
  • US Equities30.6%
    Italian Equities14.4%
    UK Equities7.4%
    German Equities7.1%
    Norwegian Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-3.3%7.8%27.1%41.7%113.6%
Sector1.9%1.3%8.7%28.8%43.1%93%
Rank within sector1027 / 10351017 / 1031634 / 1014744 / 984487 / 850147 / 768
Quartile4th4th3rd4th3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund1.2%21.1%5.5%12.1%31.3%
Sector4.7%22.4%3.7%7.8%21.4%
Rank within sector945 / 1016579 / 938273 / 896132 / 82717 / 799
Quartile4th3rd2nd1st1st
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.
-0.15
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.
1.04
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.
0.85
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%.
11.03
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.
3.87
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.
0.06
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 high252.1
52 week low183.1
Current bid price235.6
Current offer price248
Current mid price-
Region
1USA30.58%
2Italy14.44%
3UK7.4%
4Germany7.12%
5Norway6.03%
6Japan4.91%
7Spain4.64%
8France3.87%
9Israel3.22%
Industry sector
1Banks17.93%
2Telecommunications Utilities12.49%
3Financials12.06%
4Capital Goods8.47%
5Insurance8.02%
6Hardware7.56%
7Materials6.97%
8Consumer Services5.67%
9Energy4.6%
Asset type
1US Equities30.58%
2Italian Equities14.44%
3UK Equities7.4%
4German Equities7.12%
5Norwegian Equities6.03%
6Japanese Equities4.91%
7Spanish Equities4.64%
8French Equities3.87%
9Israeli Equities3.22%
Individual holdings
1WESTERN DIGITAL CORP4.21%
2STOREBRAND ASA3.51%
3INFRASTRUTTURE WIRELESS ITALIA SPA2.71%
4EI TOWERS2.69%
5AMUNDI GROUP2.58%
6RAI WAY SPA2.47%
7PARQUES REUNIDOS SERVICIOS CENTRALS2.13%
8GENERAL MOTORS CO2.11%
9SKY CITY ENTERTAINMENT GROUP2.09%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Artemis Global Income Fund invests solely in the Artemis Global Income Fund, a UK Authorised Unit Trust managed by Artemis Fund Managers Limited. The aim of the underlying fund is to achieve a rising income combined with capital growth primarily from a portfolio of equities selected on a global basis. 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 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. The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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 or derivatives fails to honour their obligation. 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 adjustments and the OMW investment process.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Jacob de Tusch-Lec19/07/2010Jacob has managed the Artemis Global Income Fund since launch in July 2010 and the Artemis Global Equity Income Fund since launch in June 2015. He has also managed, with James Foster, the Artemis Monthly Distribution Fund since its launch in May 2012. Having joined Artemis in 2005, he managed the Artemis Capital Fund from January 2006 until June 2010. Jacob began his career in 1998 at BankInvest, one of Scandinavia's largest independent fund managers. In 2002 he joined Merrill Lynch as vice-president of pan-European equity strategy. Jacob holds a BA and an MSc in economics from the University of Copenhagen; and an MBA from the Stern School of Business at New York University (NYU). He is a member of Artemis' executive committee.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Artemis Global Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price235.6
Offer price248
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKOO6
OMW Artemis Global Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price260.9
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKOO7
Data provided by

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