Fact sheet: OMW BlackRock Lat Am Inv Tst

Fund information
Fund name
OMW BlackRock Latin America Investment Trust Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Will Landerssince 30/03/2006
Underlying fund
BR Latn Am IT
Fund objective
The OMW BlackRock Latin American Fund invests solely in the BlackRock Latin American Investment Trust, a UK Approved Investment Trust managed by BlackRock Investment Managers. The aim of the underlying investment is to outperform the IFCG Latin America US$ Total Return Index over the longer term. It invests in a portfolio of equities of companies based in South and Central America (including Mexico). Outperformance is sought through a combination of stock selection and asset allocation between markets, and the net asset value of the Investment Trust will therefore be determined by movements in both asset prices and currency exchange rates. Performance of the fund will be determined by movement in the price of the underlying Investment Trust which may not reflect movement in the net asset value of the assets held. At any given time the market price may be at a discount or premium to the net asset value. The underlying Investment Trust is denominated in US Dollars and the OMW fund is priced in Pounds Sterling. Exchange rate movements will therefore affect the price of the fund compared to the underlying Investment Trust. The markets in which this fund invests are volatile and as a result the fund should be regarded as high risk. It should be noted that the performance of the OMW fund will not match that of the underlying investment because of 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
29.4%
1 Year rank in sector
146/266
Sector
PN Global Emerging Markets
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.
186
Bid price
391.4
Offer price
412
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Performance snapshot

Holdings snapshot

  • Brazil62.5%
    Mexico26.4%
    Peru6.3%
    Argentina2.8%
    Chile1.6%
  • Financials30.6%
    Consumer Staples25.1%
    Energy12.3%
    Materials10.9%
    Industrials6.5%
  • Brazilian Equities62.5%
    Mexican Equities26.4%
    Peruvian Equity6.3%
    American Emerging Equities4.1%
    Chilean Equities1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-11.9%-6.7%17.6%29.4%-4.6%-20.9%
Sector-4.7%-0.8%19%28.8%21.1%28.2%
Rank within sector261 / 274269 / 273194 / 270146 / 266213 / 228181 / 188
Quartile4th4th3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund33.8%-25.9%-2.2%-16.6%2.2%
Sector28.8%-8.5%3%-3.4%13.2%
Rank within sector67 / 267239 / 255184 / 228208 / 209187 / 188
Quartile2nd4th4th4th4th
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.
-8.59
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.
1.48
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.
-0.01
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%.
26.65
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.
14.05
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.
-0.52
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.
0.8
Price movement
52 week high479
52 week low255.9
Current bid price391.4
Current offer price412
Current mid price-
Region
1Brazil62.5%
2Mexico26.4%
3Peru6.3%
4Argentina2.8%
5Chile1.6%
6Colombia1.3%
7Net Current Liabilities-0.9%
Industry sector
1Financials30.6%
2Consumer Staples25.1%
3Energy12.3%
4Materials10.9%
5Industrials6.5%
6Information Technology4.1%
7Consumer Discretionary3.6%
8Telecommunications Utilities3.2%
9Utilities2.4%
Asset type
1Brazilian Equities62.5%
2Mexican Equities26.4%
3Peruvian Equity6.3%
4American Emerging Equities4.1%
5Chilean Equities1.6%
6Money Market-0.9%
Individual holdings
1BANCO BRADESCO SA6.2%
2ITAU UNIBANCO HLDG SA6.1%
3PETROLEO BRASILEIRO SA PETROBRAS5.7%
4COMPANHIA DE BEBIDAS DAS AMERICAS5.4%
5FOMENTO ECONOMICO MEXCANO SAB DE CV3.2%
6GRUPO FINANCIERO BANORTE SAB DE CV2.5%
7BRF SA2%
8CIELO SA1.9%
9CREDICORP1.9%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW BlackRock Latin American Fund invests solely in the BlackRock Latin American Investment Trust, a UK Approved Investment Trust managed by BlackRock Investment Managers. The aim of the underlying investment is to outperform the IFCG Latin America US$ Total Return Index over the longer term. It invests in a portfolio of equities of companies based in South and Central America (including Mexico). Outperformance is sought through a combination of stock selection and asset allocation between markets, and the net asset value of the Investment Trust will therefore be determined by movements in both asset prices and currency exchange rates. Performance of the fund will be determined by movement in the price of the underlying Investment Trust which may not reflect movement in the net asset value of the assets held. At any given time the market price may be at a discount or premium to the net asset value. The underlying Investment Trust is denominated in US Dollars and the OMW fund is priced in Pounds Sterling. Exchange rate movements will therefore affect the price of the fund compared to the underlying Investment Trust. The markets in which this fund invests are volatile and as a result the fund should be regarded as high risk. It should be noted that the performance of the OMW fund will not match that of the underlying investment because of 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
Will Landers30/03/2006Will Landers is manager of the BlackRock Latin American Investment Trust. Will is head of the Global Emerging Markets team and the portfolio manager for the suite of Latin American equity funds within BlackRock's Fundamental Active Equity division. Will joined BlackRock in 2002. He has over 23 years’ experience in Latin American markets, first as an investment banker, before moving on to research and portfolio management. Will has a degree in finance and international management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW BlackRock Latin America Investment Trust Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price391.4
Offer price412
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeS412
Data provided by

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