Fact sheet: OMW BlackRock UK

Fund information
Fund name
OMW BlackRock UK Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Nicholas Littlesince 01/09/2011
Underlying fund
BlackRock UK
Fund objective
The OMW BlackRock UK Fund invests solely in the BlackRock UK Fund, a UK Authorised Unit Trust managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to achieve long-term capital growth for investors by investing primarily in the shares of larger companies incorporated or listed in the UK. The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. 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 Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
21.1%
1 Year rank in sector
530/845
Sector
PN UK All Companies
Yield
-
Fund size
£12m (£12m 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.
110
Bid price
264.8
Offer price
278.7
Top in this sector
Fund name1 Year
Fidelity UBS UK Select Pn38%
Halifax IM UK Growth Pn37%
Stan Life SLI UK Eq Rcvry Pn37%
CM UBS UK Opportunities Pension36.8%
SW UBS UK Opps Pn36.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.9%
    Money Market1.1%
  • Consumer Services32.9%
    Consumer Goods21.8%
    Financials17.2%
    Industrials9.6%
    Technology4.9%
  • International Equities98.9%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.5%4.6%12.6%21.1%28.6%72.4%
Sector4.3%5.9%12.8%21.7%25.3%78.6%
Rank within sector317 / 867680 / 865424 / 862530 / 845219 / 804477 / 761
Quartile2nd4th2nd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund8.4%5.6%11.9%-0.6%22.9%
Sector8.5%10.2%4.4%0.6%24.2%
Rank within sector382 / 861641 / 83776 / 824548 / 799428 / 780
Quartile2nd4th1st3rd3rd
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.
0.47
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.
1.13
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.
0.4
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%.
11.45
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.
4.52
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.
0.26
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.
0.85
Price movement
52 week high265.3
52 week low205.2
Current bid price264.8
Current offer price278.7
Current mid price-
Region
1UK98.9%
2Money Market1.1%
Industry sector
1Consumer Services32.91%
2Consumer Goods21.78%
3Financials17.24%
4Industrials9.55%
5Technology4.86%
6Health Care4.59%
7Oil & Gas4.31%
8Basic Materials3.66%
9Money Market1.1%
Asset type
1International Equities98.9%
2Money Market1.1%
Individual holdings
1BRITISH AMERICAN TOBACCO6.26%
2MICRO FOCUS INTERNATIONAL4.86%
3UNILEVER4.7%
4RECKITT BENCKISER GROUP PLC4.39%
5RELX PLC4.38%
6RIO TINTO3.66%
7HARGREAVES SERVICES3.63%
8JUST EAT PLC3.54%
9BOOKER GROUP PLC3.33%
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 Fund invests solely in the BlackRock UK Fund, a UK Authorised Unit Trust managed by BlackRock Fund Managers Limited. The aim of the underlying fund is to achieve long-term capital growth for investors by investing primarily in the shares of larger companies incorporated or listed in the UK. The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. 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 Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Nicholas Little01/09/2011Nick Little, CFA, Director and portfolio manager, is a member of the UK Specialist Equity team within BlackRock's Fundamental Equity division of BlackRock's Alpha Strategies Group. He covers the mining and industrials sectors. Mr. Little's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Little was a research analyst on the UK equity team. Prior to joining MLIM in 2001, Mr. Little worked in Arthur Andersen's corporate tax department. Mr. Little earned an MA degree, with first class honours, in economics from Pembroke College, Cambridge in 2001.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW BlackRock UK 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 price264.8
Offer price278.7
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZV55
OMW BlackRock UK 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 price308.5
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZV56
Data provided by

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