Fact sheet: OMW BR Global Income

Fund information
Fund name
OMW BlackRock Global Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • James Bristowsince 01/01/2013
  • Andrew Wheatley-Hubbardsince 01/01/2013
  • Stuart Reevesince 05/05/2011
Underlying fund
BlackRock Global Income
Fund objective
The OMW BlackRock Global Income Fund is solely invested in the BlackRock Global Income Fund, a UK authorised Unit Trust, managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to seek to achieve an above average income from its equity investments, compared to the income yield of global equity markets, without sacrificing long term capital growth. The underlying fund will invest primarily in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in developed markets. 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 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. 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 All Country World Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
20%
1 Year rank in sector
506/961
Sector
PN Global Equities
Yield
-
Fund size
£1m (£1m 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.
95
Bid price
166.5
Offer price
175.2
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA46.7%
    UK15.7%
    Switzerland9.9%
    Canada5.1%
    Taiwan3.4%
  • Consumer Staples26.3%
    Health Care22.6%
    Industrials10.8%
    Consumer Discretionary9.2%
    Financials9.1%
  • US Equities46.7%
    UK Equities15.7%
    Swiss Equities9.9%
    Canadian Equities5.1%
    Taiwanese Equities3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-13.4%20%39.9%71.8%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector837 / 1039934 / 1035742 / 1025506 / 961315 / 849512 / 751
Quartile4th4th3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund18.7%6.6%9.4%15.7%5.3%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector522 / 963186 / 921258 / 849730 / 820720 / 752
Quartile3rd1st2nd4th4th
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.
1.65
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.
0.98
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.
0.73
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%.
11.05
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.
4.84
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.
0.28
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.
0.81
Price movement
52 week high174.8
52 week low132.4
Current bid price166.5
Current offer price175.2
Current mid price-
Region
1USA46.74%
2UK15.68%
3Switzerland9.9%
4Canada5.12%
5Taiwan3.35%
6Australia3.01%
7France2.84%
8Germany2.68%
9Money Market2.22%
Industry sector
1Consumer Staples26.34%
2Health Care22.6%
3Industrials10.77%
4Consumer Discretionary9.2%
5Financials9.14%
6Telecommunications8.89%
7Information Technology6.47%
8Materials4.37%
9Money Market2.22%
Asset type
1US Equities46.74%
2UK Equities15.68%
3Swiss Equities9.9%
4Canadian Equities5.12%
5Taiwanese Equities3.35%
6Australian Equities3.01%
7French Equities2.84%
8German Equities2.68%
9Money Market2.22%
Individual holdings
1ASTRAZENECA PLC3.64%
2BRITISH AMERICAN TOBACCO3.5%
3JOHNSON & JOHNSON3.39%
4ALTRIA GROUP INC3.22%
5IMPERIAL BRANDS PLC3.12%
6TELUS CORP2.89%
7SANOFI2.84%
8PHILIP MORRIS INTERNATIONAL INC2.75%
9CISCO SYSTEMS INC2.71%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW BlackRock Global Income Fund is solely invested in the BlackRock Global Income Fund, a UK authorised Unit Trust, managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to seek to achieve an above average income from its equity investments, compared to the income yield of global equity markets, without sacrificing long term capital growth. The underlying fund will invest primarily in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in developed markets. 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 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. 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 All Country World Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
James Bristow01/01/2013James Bristow, CFA, Managing Director and portfolio manager, is a member of the Global Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. He is responsible for managing Global Focus and EAFE portfolios and covers the Healthcare sector.Mr. Bristow joined BlackRock in 2006. Prior to joining BlackRock, he was a portfolio manager with JP Morgan, responsible for managing global and European equity portfolios. He began his career with ABN AMRO Rothschild on their equity capital markets team. Mr. Bristow earned an MA degree in philosophy, politics and economics from Oxford University in 1997.
Andrew Wheatley-Hubbard01/01/2013Andrew Wheatley-Hubbard, CFA, Vice President, is co-portfolio manager and a research analyst for the Global Dividend Income portfolios within BlackRock's Global Equity team. He is responsible for covering Industrial stocks. Prior to assuming his current role in 2009, Mr. Wheatley-Hubbard worked for BlackRock in both London and Hong Kong. In previous roles, he was responsible for covering Singapore and Global Real Estate. Mr. Wheatley-Hubbard joined BlackRock in 2007 following an internship with the Global Equity team in 2006.Mr. Wheatley-Hubbard earned a BA and a MEng degree in engineering from Cambridge University in 2007.
Stuart Reeve05/05/2011Stuart Reeve, Managing Director and portfolio manager, is a member of the Global Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. He is the lead portfolio manager for all retail and institutional Global Dividend Income portfolios, and also Director of Research for the Global Equity team. In addition, he is responsible for covering the consumer staples and healthcare sectors.Mr. Reeve's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Reeve had primary responsibility for the global equity team's investments in food, beverage and tobacco. Prior to joining MLIM in 2005, he was a Pan-European food, beverage and tobacco analyst with Credit Agricole Asset Management. Mr. Reeve began his career with Touche Ross before joining Robert Fleming Securities, where he worked as a Pan-European beverages analyst.Mr. Reeve earned a BA degree, with honours, in economics and history at the University of East Anglia in 1984.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW BlackRock Global Income Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price166.5
Offer price175.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IOV
OMW BlackRock Global Income SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price182
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IOW
Data provided by

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