Fact sheet: OMW EdenTree Amty Stg Bd

Fund information
Fund name
OMW EdenTree Amity Sterling Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • David Katimbo Mugwanyasince 31/08/2016
  • Chris Hiornssince 18/02/2008
Underlying fund
EdenTree Amity Sterling Bd
Fund objective
The OMW EdenTree Amity Sterling Bond Fund invests solely in the EdenTree Amity Sterling Bond Fund, a sub-fund of the EdenTree Investment Funds, a UK authorised Open Ended Investment Company managed by EdenTree Investment Management Limited. The aim of the underlying fund is to provide an attractive level of income by investing in a highly diversified portfolio of Government and good quality fixed interest securities issued by companies which make a positive contribution to society and the environment through sustainable and socially responsible practices. 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 invests in non-investment grade high yielding bonds. The high yield reflects a higher risk of capital loss through default. 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 does not invest in some companies and sectors of the market for ethical reasons. This screening could result in the fund performing less well than the markets in which it invests. 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 Stocks
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
4%
1 Year rank in sector
92/168
Sector
PN Sterling Strategic Bond
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.
23
Bid price
168.9
Offer price
177.7
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc8.2%
AXA Wealth AXA Fram Mgd Inc Pn8.2%
Canlife AXA Fram Mgd Inc Pn8.1%
FL Artemis Stra Bd AP7.6%
FL Artemis Strategic Bond Pn7.3%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK96%
    Money Market4%
  • Financials46.9%
    Utilities14.9%
    Consumer Services9.6%
    Others5.6%
    Telecommunications4.9%
  • Global Corporate Fixed Interest75.8%
    Global Fixed Interest6.6%
    Preference Shares6.4%
    Money Market4%
    Global Index Linked3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2.5%2.4%4%13%34.7%
Sector-0.9%-1.7%2.7%4.3%12.3%39.6%
Rank within sector107 / 172118 / 17290 / 17292 / 16877 / 155102 / 143
Quartile3rd3rd3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund4.6%0.6%7.9%3.3%13.3%
Sector5.3%0.7%5.6%5.9%15.8%
Rank within sector104 / 16885 / 16326 / 155124 / 151120 / 143
Quartile3rd3rd1st4th4th
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.
-0.08
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.
1.07
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.
0.19
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%.
3.75
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.
1.47
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.
0.14
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 high173.8
52 week low158.9
Current bid price168.9
Current offer price177.7
Current mid price-
Region
1UK96%
2Money Market4%
Industry sector
1Financials46.93%
2Utilities14.89%
3Consumer Services9.56%
4Others5.61%
5Telecommunications4.91%
6Real Estate4.76%
7Consumer Goods4.15%
8Money Market4%
9Industrials3%
Asset type
1Global Corporate Fixed Interest75.84%
2Global Fixed Interest6.56%
3Preference Shares6.36%
4Money Market4%
5Global Index Linked3.27%
6UK Index-Linked Gilts2.05%
7UK Gilts1.91%
Individual holdings
1FIDELITY INTERNATIONAL 7.125% BDS 13/02/24 GBP1000002.46%
2NOTTINGHAM BUILDING SOCIETY 7.875% PERM INT BEARING SHS GBP5000 REG2.31%
3MORRISON(WM.)SUPERMARKETS 4.75% NTS 04/07/29 GBP1000002.16%
4SOCIETY OF LLOYDS 7.421%2.16%
5TREASURY 0.125% IDX-LKD GILT 22/11/19 GBP0.012.05%
6F&C ASSET MANAGEMENT PLC 6.75% 12/20/20261.99%
7LEWIS(JOHN) 8.375% BDS 08/04/19 GBP750001.92%
8TREASURY 1.25% GILT 22/7/18 GBP0.011.91%
9COVENTRY BUILDING SOCIETY 12.125% PERM INT BEARING SHS GBP1000 RG1.89%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW EdenTree Amity Sterling Bond Fund invests solely in the EdenTree Amity Sterling Bond Fund, a sub-fund of the EdenTree Investment Funds, a UK authorised Open Ended Investment Company managed by EdenTree Investment Management Limited. The aim of the underlying fund is to provide an attractive level of income by investing in a highly diversified portfolio of Government and good quality fixed interest securities issued by companies which make a positive contribution to society and the environment through sustainable and socially responsible practices. 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 invests in non-investment grade high yielding bonds. The high yield reflects a higher risk of capital loss through default. 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 does not invest in some companies and sectors of the market for ethical reasons. This screening could result in the fund performing less well than the markets in which it invests. 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 Stocks
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Katimbo Mugwanya31/08/2016David joined EdenTree in 2015 from Epworth Investment Management. He has a wealth of experience in UK Fixed Interest Portfolios and has previously managed over £700m for Institutional Pension Funds, Insurance firms and Charities. David graduated from University of Essex with a BSc in Economics. David has been a CFA Charterholder since 2014.
Chris Hiorns18/02/2008Chris graduated in 1995, with an MSc in Economics from University College London. He joined EdenTree in 1996 as a Research Assistant and took over the management of the Amity European Fund in 2007. He is also co-manager of the Amity Sterling Bond Fund Chris has been a CFA Charterholder since 2004.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW EdenTree Amity Sterling Bond Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price168.9
Offer price177.7
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDIU6
OMW EdenTree Amity Sterling Bond SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price188.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDIU7
Data provided by

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