Fact sheet: OMW BlackRock UK Income

Fund information
Fund name
OMW BlackRock UK Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • David Goldmansince 30/06/2015
  • Mark Wharriersince 24/09/2013
  • Adam Avigdorisince 16/11/2009
Underlying fund
BlackRock UK Income
Fund objective
The OMW BlackRock UK Income Fund solely invests in the BlackRock UK Income Fund, a UK Authorised Unit Trust managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to offer investors an above-average and growing income without sacrificing the benefits of long-term capital growth. The fund invests primarily in the shares of companies incorporated or listed in the UK. 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
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
2.4%
1 Year rank in sector
178/225
Sector
PN UK Equity Income
Yield
-
Fund size
£2m (£2m 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.
107
Bid price
234.8
Offer price
247.1
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn25.1%
OMW UBS UK Equity Income24.8%
FL Income Accumulation Pn20.1%
L&G Schroder Income Pn16.5%
Scot Eq Schroder Income Pn16%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK93.3%
    Money Market4%
    USA2.8%
  • Consumer Services23.5%
    Financials17.4%
    Consumer Goods16.4%
    Industrials14.6%
    Health Care9.3%
  • UK Equities93.6%
    Money Market3%
    US Equities2.3%
    Swiss Equities1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-1.1%4.4%2.4%23.1%56.2%
Sector-1.8%-0.9%6.6%6.3%17.1%62.2%
Rank within sector100 / 229116 / 229142 / 229178 / 22527 / 205144 / 189
Quartile2nd3rd3rd4th1st4th
Calendar performance
 YTD - 20162015201420132012
Fund2.9%9%7.5%13.3%10.5%
Sector6.9%3.9%3.7%23.2%13.2%
Rank within sector172 / 22527 / 2207 / 205196 / 197144 / 192
Quartile4th1st1st4th3rd
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.
0.44
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.
1.18
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.
0.35
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%.
11.14
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.
3.98
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.
0.33
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.
0.89
Price movement
52 week high245.7
52 week low198.5
Current bid price234.8
Current offer price247.1
Current mid price-
Region
1UK93.26%
2Money Market3.95%
3USA2.79%
Industry sector
1Consumer Services23.5%
2Financials17.44%
3Consumer Goods16.42%
4Industrials14.61%
5Health Care9.33%
6Telecommunications7.58%
7Oil & Gas6.06%
8Money Market3.95%
9Basic Materials1.11%
Asset type
1UK Equities93.56%
2Money Market2.98%
3US Equities2.28%
4Swiss Equities1.18%
Individual holdings
1BRITISH AMERICAN TOBACCO6.44%
2UNILEVER5.01%
3ASTRAZENECA PLC4.49%
4BT GROUP3.86%
5VODAFONE GROUP3.71%
6ROYAL DUTCH SHELL3.67%
7RELX PLC3.61%
8LLOYDS BANKING GROUP PLC3.46%
9GLAXOSMITHKLINE3.44%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW BlackRock UK Income Fund solely invests in the BlackRock UK Income Fund, a UK Authorised Unit Trust managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to offer investors an above-average and growing income without sacrificing the benefits of long-term capital growth. The fund invests primarily in the shares of companies incorporated or listed in the UK. 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
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
David Goldman30/06/2015
Mark Wharrier24/09/2013Mark Wharrier is a member of BlackRock’s UK equity team in the fundamental equity division of its alpha strategies group, working as a portfolio manager, with additional responsibility for company research. He joined BlackRock in September 2013 from NewSmith Asset Management, where he was a portfolio manager and a founding member of the UK equity team. Prior to this he worked at Merrill Lynch Investment Managers, which he joined in 1994 when it was Mercury Asset Management.
Adam Avigdori16/11/2009Adam Avigdori is manager of the BlackRock Income and Growth Investment Trust plc, and is a member of the UK Equity Team. Adam joined BlackRock in 2001 and is responsible for managing UK equity portfolios covering the real estate and construction sectors. Adam has a degree in management sciences.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW BlackRock UK Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.24%
Bid price234.8
Offer price247.1
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHP72
OMW BlackRock UK Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price278.7
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS63
Data provided by

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