Fact sheet: OMW City Fin Mlt Ass Divfd

Fund information
Fund name
OMW City Financial Multi Asset Diversified Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Mark Harrissince 08/11/2013
Underlying fund
City Financial MlAss Dvfd
Fund objective
The OMW City Financial Multi Asset Diversified fund invests solely in the City Financial Multi Asset Diversified fund, a sub fund of the City Financial Investment Fund Series III, a UK authorised Open Ended Investment Company, managed by City Financial Investment Company Limited. The aim of the underlying fund is to achieve consistent long term returns from both capital and income by investing across a diversified global portfolio of assets. The underlying portfolio invests in a combination of specialist funds, ETFs, listed investment vehicles, individual securities and cash, and uses derivatives for hedging and investment purposes to both reduce market risk and enhance returns. 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 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. 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. 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. The underlying fund invests in Private Equity firms who are not subject to the same reporting requirements as public companies and can, as a result be opaque and illiquid. This can increase the risk of the fund being more volatile and investors should expect above average price increases or decreases. 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
  • IA Mixed Investment 0-35% Shares
Investment style
No data available.
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
3.6%
1 Year rank in sector
111/146
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£0m (£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.
45
Bid price
104
Offer price
109.4
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn15.5%
FL Defensive Index FOF Pn14.3%
Canlife BlkRckConsensus 35Pn13.7%
Zurich BlkRk Cnsnss 35 Pn13.7%
LV= BlackRock Consensus 35 Pn13.7%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • Not Specified66.3%
    UK12.9%
    Others7.8%
    Global Emerging Markets4.9%
    USA3.2%
  • Fixed Interest41.5%
    Equities33.4%
    Alternative Assets18.7%
    Property6.1%
    Money Market0.4%
  • Global Fixed Interest42.5%
    Alternative Assets17.3%
    UK Equities12.9%
    International Equities7.8%
    Property6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%0.7%6.8%3.6%9.4%22.1%
Sector-1.3%-0.9%6.7%9.2%21.2%38.3%
Rank within sector37 / 17610 / 17533 / 166111 / 146104 / 12673 / 95
Quartile1st1st1st4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.6%-0.4%6.6%9.2%3.2%
Sector9.9%2.3%7.6%5.6%6.9%
Rank within sector126 / 146124 / 13574 / 12614 / 11375 / 96
Quartile4th4th3rd1st4th
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.
-2.58
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.
0.85
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
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%.
5.66
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.
4.32
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.
-0.84
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.
0.42
Price movement
52 week high106.9
52 week low96.2
Current bid price104
Current offer price109.4
Current mid price-
Region
1Not Specified66.31%
2UK12.86%
3Others7.8%
4Global Emerging Markets4.9%
5USA3.24%
6Europe3.03%
7Asia Pacific ex Japan2.55%
8Money Market-0.69%
Industry sector
1Fixed Interest41.49%
2Equities33.35%
3Alternative Assets18.67%
4Property6.05%
5Money Market0.44%
Asset type
1Global Fixed Interest42.5%
2Alternative Assets17.29%
3UK Equities12.86%
4International Equities7.8%
5Property6.52%
6Global Emerging Market Equities4.9%
7US Equities3.24%
8European Equities3.03%
9Asia Pacific ex Japan Equities2.55%
Individual holdings
No data available.
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW City Financial Multi Asset Diversified fund invests solely in the City Financial Multi Asset Diversified fund, a sub fund of the City Financial Investment Fund Series III, a UK authorised Open Ended Investment Company, managed by City Financial Investment Company Limited. The aim of the underlying fund is to achieve consistent long term returns from both capital and income by investing across a diversified global portfolio of assets. The underlying portfolio invests in a combination of specialist funds, ETFs, listed investment vehicles, individual securities and cash, and uses derivatives for hedging and investment purposes to both reduce market risk and enhance returns. 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 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. 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. 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. The underlying fund invests in Private Equity firms who are not subject to the same reporting requirements as public companies and can, as a result be opaque and illiquid. This can increase the risk of the fund being more volatile and investors should expect above average price increases or decreases. 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
  • IA Mixed Investment 0-35% Shares
Investment style
No data available.
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Mark Harris08/11/2013Mark was part of the Eden asset management team that joined City Financial in October 2012. He previously managed the CF Eden Global Multi-Strategy Fund and, prior to that, was head of multi-manager at New Star and Henderson Global Investors where he managed funds totalling £800 million, winning multiple industry awards for performance.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW City Financial Multi Asset Diversified Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.81%
Bid price104
Offer price109.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXC8
OMW City Financial Multi Asset Diversified SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price111.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXC9
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.