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 18/07/2010
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
32.7%
1 Year rank in sector
587/965
Sector
PN Global Equities
Yield
-
Fund size
£11m (£16m 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.
99
Bid price
240.1
Offer price
252.7
Top in this sector
Fund name1 Year
Stan Life M&G Global Dividend Pn57.5%
OMW IPL M&G Global Dividend Pn56.2%
LV= M&G Global Div Pn56.1%
RLP M&G Global Dividend Pn56%
AXA Wealth M&G Global Div Pn56%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA33.2%
    UK10.6%
    Italy10.1%
    Japan7%
    Norway5.5%
  • Banks17.6%
    Insurance12%
    Telecommunications Utilities10.3%
    Financials8.7%
    Materials8.6%
  • US Equities33.2%
    UK Equities10.6%
    Italian Equities10.1%
    Japanese Equities7%
    Norwegian Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.6%6.8%17.8%32.7%46.7%116.9%
Sector4.3%4.7%13.3%32.9%39.1%84.6%
Rank within sector82 / 1043153 / 1036154 / 1030587 / 965252 / 85146 / 752
Quartile1st1st1st3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.2%21.1%5.5%12.1%31.3%
Sector2.8%22.4%3.7%7.8%21.4%
Rank within sector409 / 1043596 / 962275 / 920134 / 84815 / 819
Quartile2nd3rd2nd1st1st
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.
1.39
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.
0.82
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%.
11.21
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.
4.02
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.
0.38
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.
0.87
Price movement
52 week high239.4
52 week low169.6
Current bid price240.1
Current offer price252.7
Current mid price-
Region
1USA33.24%
2UK10.56%
3Italy10.06%
4Japan6.96%
5Norway5.52%
6Germany5.27%
7France4.55%
8Spain3.39%
9Israel2.79%
Industry sector
1Banks17.56%
2Insurance12.01%
3Telecommunications Utilities10.29%
4Financials8.67%
5Materials8.63%
6Capital Goods7.71%
7Hardware6.34%
8Automotive5.74%
9Consumer Services4.89%
Asset type
1US Equities33.24%
2UK Equities10.56%
3Italian Equities10.06%
4Japanese Equities6.96%
5Norwegian Equities5.52%
6German Equities5.27%
7French Equities4.55%
8Spanish Equities3.39%
9Israeli Equities2.79%
Individual holdings
1GENERAL MOTORS CO3.64%
2STOREBRAND ASA3.64%
3BHP BILLITON PLC3.44%
4ZIONS BANCORP2.86%
5WESTERN DIGITAL CORP2.8%
6METLIFE INC2.44%
7MONETA MONEY BANK AS2.27%
8CITIGROUP INC2.09%
9EI TOWERS2.06%
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-Lec18/07/2010Jacob's career in investment management began in 1998 at Copenhagen-based BankInvest, one of the largest independent fund managers in Scandinavia, where he was a portfolio manager on the Central and Eastern European/ Russia Equity Unit Trust. In 2002 he joined Merrill Lynch's global equity macro research department 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), specialising in international economics and finance. During his time at NYU he was a teaching assistant under the internationally acclaimed economist, Professor Nouriel Roubini.He returned to managing money in 2005 when he joined Artemis. He managed the Artemis Capital Fund from January 2006 until June 2010; and has managed the Artemis Global Income Fund since its launch in July 2010 and the Artemis Global Equity Income Fund since its launch in June 2015. He has also managed, with James Foster, the Artemis Monthly Distribution Fund since its launch in May 2012.
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 price240.1
Offer price252.7
Mid price-
CurrencyGBX
Price updated16/01/2017
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 price265.2
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKOO7
Data provided by

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