Fact sheet: OMW BlackRock Global Equity

Fund information
Fund name
OMW BlackRock Global Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Stuart Reevesince 04/04/2017
  • Andrew Wheatley-Hubbardsince 04/04/2017
Underlying fund
BlackRock Global Equity
Fund objective
The OMW BlackRock Global Equity Fund invests solely in the BlackRock Global Equity Fund, a UK authorised Unit Trust managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to seek to achieve long-term capital growth from investment primarily in a global portfolio of equity securities. The underlying fund's assets will generally be invested in equity securities of companies domiciled in, or exercising a significant 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 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. 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
No data available.
Investment method
No data available.
Quick stats
1 Year return
24.8%
1 Year rank in sector
217/999
Sector
PN Global Equities
Yield
-
Fund size
£2m (£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.
104
Bid price
156.8
Offer price
165
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn39.9%
FL Baillie Giff LT Gbl Gth Pn35.8%
Baillie Gifford Lng Tm Gbl Gth Pn35%
Zurich BailGfrd LgTrmGblGth34.6%
Stan Life BGiff LgTmGlGtOEICPn33.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA50.2%
    China7.3%
    Japan4.7%
    UK4.2%
    India3.9%
  • Information Technology19.9%
    Financials18.6%
    Consumer Discretionary11.5%
    Health Care11.1%
    Industrials8.5%
  • US Equities50.2%
    Chinese Equities7.3%
    Japanese Equities4.7%
    UK Equities4.2%
    Indian Equities3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.9%0.5%2.6%24.8%44.1%59.7%
Sector-3%1.2%3.9%21%42%78.1%
Rank within sector816 / 1050700 / 1042733 / 1029217 / 999380 / 862680 / 773
Quartile4th3rd3rd1st2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.4%23.3%3.5%5.4%20.5%
Sector2.5%22.4%3.7%7.8%21.4%
Rank within sector508 / 1034478 / 955520 / 913566 / 844587 / 818
Quartile2nd3rd3rd3rd3rd
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.
-1.38
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.
1.17
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.
0.84
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%.
11.95
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.
3.31
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.
0.17
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.
0.94
Price movement
52 week high164.2
52 week low119.6
Current bid price156.8
Current offer price165
Current mid price-
Region
1USA50.19%
2China7.32%
3Japan4.72%
4UK4.17%
5India3.89%
6Italy3.65%
7France3.03%
8Switzerland2.06%
9Korea2.03%
Industry sector
1Information Technology19.93%
2Financials18.56%
3Consumer Discretionary11.5%
4Health Care11.05%
5Industrials8.54%
6Materials7.85%
7Consumer Staples7.33%
8Energy7.14%
9Telecommunications3.52%
Asset type
1US Equities50.19%
2Chinese Equities7.32%
3Japanese Equities4.72%
4UK Equities4.17%
5Indian Equities3.89%
6Italian Equities3.65%
7French Equities3.03%
8Swiss Equities2.06%
9South Korean Equities2.03%
Individual holdings
1ALPHABET INC3.15%
2ALIBABA GROUP HLDG LTD2.2%
3APPLE INC2.15%
4WELLS FARGO & CO1.52%
5PING AN INSURANCE(GR)CO OF CHINA1.5%
6AMERICAN INTERNATIONAL GROUP INC1.42%
7UNICREDIT SPA1.41%
8AMAZON.COM INC1.3%
9MASTERCARD INC1.26%
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 Equity Fund invests solely in the BlackRock Global Equity Fund, a UK authorised Unit Trust managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to seek to achieve long-term capital growth from investment primarily in a global portfolio of equity securities. The underlying fund's assets will generally be invested in equity securities of companies domiciled in, or exercising a significant 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 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. 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
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Stuart Reeve04/04/2017Stuart 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.
Andrew Wheatley-Hubbard04/04/2017Andrew 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW BlackRock Global Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.26%
Bid price156.8
Offer price165
Mid price-
CurrencyGBX
Price updated21/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSP31
OMW BlackRock Global Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price188.2
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS58
Data provided by

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