Fact sheet: OMW F&C MM Lifestyle Growth

Fund information
Fund name
OMW F&C MM Lifestyle Growth Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Gary Pottersince 31/03/2011
  • Robert Burdettsince 31/03/2011
Underlying fund
F&C MM Lifestyle Growth
Fund objective
The OMW F&C MM Lifestyle Growth Fund invests solely in the F&C MM Lifestyle Growth Fund, a sub fund of F&C MM Lifestyle Investment Funds ICVC, a UK authorised Open-Ended Investment Company, managed by F&C Fund Management Limited. The underlying fund seeks to secure a return combining capital and income by investing approximately half the portfolio in UK equities with the balance split between the major international markets and emerging markets with an allocation to UK corporate bonds and a small allocation to property, all primarily through collective investment schemes. 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 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 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, 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. The value of property is generally a matter of a valuer's opinion rather than fact. In addition, property investments may not be readily saleable, which could lead to constraints on your ability to sell or switch from the fund. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. 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 adjustment and the OMW investment process.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11%
1 Year rank in sector
230/422
Sector
PN Flexible Investment
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.
74
Bid price
136.4
Offer price
143.5
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.7%
Aegon Mrc Divfd Gth Pn24.3%
FL Threadneedle Gbl Equ Inc Pn23.5%
FL Thrdndl Gbl Eq Inc XE/IE Pn22.6%
FL Spicers Adventurous Pn22.3%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK40%
    Global Emerging Markets17%
    Pacific ex-Japan16%
    North America7%
    Europe5%
  • No data available.
  • UK Equities35%
    Global Emerging Market Equities17%
    Asia Pacific ex Japan Equities16%
    North American Equities7%
    European Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.2%1%11.3%11%18.1%55.7%
Sector-1.9%-0.2%8.8%10.6%22.1%55%
Rank within sector411 / 485206 / 472191 / 464230 / 422243 / 309180 / 246
Quartile4th2nd2nd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.9%1.4%4.7%14.9%13.1%
Sector11%2.5%6.7%14.8%10.5%
Rank within sector267 / 430228 / 335228 / 309211 / 26662 / 249
Quartile3rd3rd3rd4th1st
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.
-2.81
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.
1.29
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.
0.28
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%.
9.95
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.
5.14
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.
-0.19
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.
0.77
Price movement
52 week high141.8
52 week low110.8
Current bid price136.4
Current offer price143.5
Current mid price-
Region
1UK40%
2Global Emerging Markets17%
3Pacific ex-Japan16%
4North America7%
5Europe5%
6International5%
7Japan5%
8Not Specified5%
Industry sector
No data available.
Asset type
1UK Equities35%
2Global Emerging Market Equities17%
3Asia Pacific ex Japan Equities16%
4North American Equities7%
5European Equities5%
6Global High Yield Fixed Interest5%
7Japanese Equities5%
8Property5%
9UK Corporate Fixed Interest5%
Individual holdings
1F&C FTSE ALL-SHARE TRACKER FUND7.6%
2BLACKROCK EMERGING MARKETS EQUITY TRACKER L5.5%
3HERMES GLOBAL EMERGING MARKETS F ACC CHF5.4%
4BGF ASIAN GROWTH LEADERS FUND5.2%
5MAJEDIE UK INCOME A5%
6MAN GLG UNDERVALUED ASSETS FUND5%
7FRANKLIN UK OPPORTUNITIES FUND4.7%
8HERMES ASIA EX-JAPAN EQUITY FUND4.6%
9RIVER AND MERCANTILE UK EQUITY INCOME FUND4.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW F&C MM Lifestyle Growth Fund invests solely in the F&C MM Lifestyle Growth Fund, a sub fund of F&C MM Lifestyle Investment Funds ICVC, a UK authorised Open-Ended Investment Company, managed by F&C Fund Management Limited. The underlying fund seeks to secure a return combining capital and income by investing approximately half the portfolio in UK equities with the balance split between the major international markets and emerging markets with an allocation to UK corporate bonds and a small allocation to property, all primarily through collective investment schemes. 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 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 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, 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. The value of property is generally a matter of a valuer's opinion rather than fact. In addition, property investments may not be readily saleable, which could lead to constraints on your ability to sell or switch from the fund. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. 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 adjustment and the OMW investment process.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Gary Potter31/03/2011Gary Potter joined the Group in August 2007 to establish Thames River Multi-Capital, our multi-manager business which runs a range of funds of funds products including the F&C Lifestyle risk-rated funds. He was at Credit Suisse from 2001, jointly responsible with Robert Burdett for their Multi-Manager funds. He joined with three colleagues from Rothschild Asset Management Limited (RAM), where he was a main board director, jointly responsible for their Multi-Manager business. His investment experience commenced in 1981 in private client fund management where responsibilities extended to a specific focus on asset allocation and stock research, moving into the multi-manager field in 1992. He is a member of the Securities Institute.
Robert Burdett31/03/2011Robert Burdett joined the Group in August 2007 to establish Thames River Multi-Capital, our multi-manager business which runs a range of funds of funds products including the F&C Lifestyle risk-rated funds. Prior to this he was at Credit Suisse from 2001 jointly responsible with Gary Potter for their Multi-Manager Funds. Previously he was at Rothschild Asset Management Limited (RAM) where he was a main board director and jointly responsible for their Multi-Manager business. His investment experience commenced in stockbroking in 1985, moving into the multi-manager field in 1991. He holds a diploma from the Securities Institute.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW F&C MM Lifestyle Growth Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price136.4
Offer price143.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLBH8
OMW F&C MM Lifestyle Growth SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price150.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLBH9
Data provided by

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