Fact sheet: OMW Aviva Inv Property Trust

Fund information
Fund name
OMW Aviva Investors Property Trust Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Mike Luscombesince 26/06/2015
Underlying fund
Aviva Inv Property Trust
Fund objective
The OMW Aviva Investors Property Trust Fund invests solely in the Aviva Investors Property Trust Fund, a UK authorised Unit Trust managed by Aviva Investors UK Fund Services Ltd. The aim of the underlying fund is to obtain optimum returns compatible with security via income and capital appreciation primarily through investment in certain kinds of real property, property related securities, government and other public securities and units in collective investment schemes. 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 value of property is generally a matter of a valuer's opinion rather than fact. In addition, property investments may not be readily saleable, which could lead to constraints on your ability to sell or switch from the fund. 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
  • No Specified Index
Investment style
None
Investment method
Physical
Quick stats
1 Year return
-3.7%
1 Year rank in sector
152/157
Sector
PN UK Direct Property
Yield
-
Fund size
£22m (£29m 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.
37
Bid price
142.1
Offer price
149.5
Top in this sector
Fund name1 Year
Guardian Property Pn23.1%
Guardian Choices Property Pn23.1%
Pru UK Property Pn10.3%
Zurich L&G Property Pn10%
OMW IPL Aviva Lm Prp Pn8.6%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • London23.5%
    Money Market18.1%
    South East UK17.7%
    Northern UK17%
    Midlands13%
  • Retail - Property31.5%
    Offices - Property30.9%
    Cash & Cash Equivalents18.1%
    Industrial - Property15.6%
    Other - Property3.9%
  • Property81.9%
    Cash & Cash Equivalents18.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.6%2.6%-3.7%6%21.3%
Sector0.7%1.5%4.1%1.6%22.5%37.6%
Rank within sector33 / 160110 / 159144 / 158152 / 157150 / 153143 / 150
Quartile1st3rd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.5%-4.1%0.1%11.7%9.8%
Sector2.9%-0.7%9.7%14.3%6.9%
Rank within sector92 / 159126 / 157153 / 156128 / 15228 / 150
Quartile3rd4th4th4th1st
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.
-0.93
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.
0.4
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
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%.
3.91
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.
4.17
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.
-1.18
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.
0.12
Price movement
52 week high148.2
52 week low138.4
Current bid price142.1
Current offer price149.5
Current mid price-
Region
1London23.5%
2Money Market18.1%
3South East UK17.7%
4Northern UK17%
5Midlands13%
6UK10.7%
Industry sector
1Retail - Property31.5%
2Offices - Property30.9%
3Cash & Cash Equivalents18.1%
4Industrial - Property15.6%
5Other - Property3.9%
Asset type
1Property81.9%
2Cash & Cash Equivalents18.1%
Individual holdings
No data available.
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Aviva Investors Property Trust Fund invests solely in the Aviva Investors Property Trust Fund, a UK authorised Unit Trust managed by Aviva Investors UK Fund Services Ltd. The aim of the underlying fund is to obtain optimum returns compatible with security via income and capital appreciation primarily through investment in certain kinds of real property, property related securities, government and other public securities and units in collective investment schemes. 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 value of property is generally a matter of a valuer's opinion rather than fact. In addition, property investments may not be readily saleable, which could lead to constraints on your ability to sell or switch from the fund. 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
  • No Specified Index
Investment style
None
Investment method
Physical
Fund managers
NameSinceBiography
Mike Luscombe26/06/2015Joined: Joined Investment Industry in 1985 Main Responsibilities: Fund management of the Norwich Union Linked Property Fund. Experience & Qualifications: Mike joined the firm (as Commercial Union) in 1988. Previously, he worked in both private practice and at Legal & General. Mike holds a BSc (Hons) in Estate Management from Polytechnic of the South Bank and a Post-Graduate Diploma in Property Investment (RICS). He is a Member of the Royal Institution of Chartered Surveyors.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Aviva Investors Property Trust Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.69%
Bid price142.1
Offer price149.5
Mid price-
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeUY53
OMW Aviva Investors Property Trust SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price167.8
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS94
Data provided by

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