Fact sheet: OMW FP Apollo MA Balanced

Fund information
Fund name
OMW FP Apollo Multi Asset Balanced Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Craig Wettonsince 26/11/2008
  • Steve Brannsince 26/11/2008
  • Ian Willingssince 26/11/2008
Underlying fund
FP Apollo Multi Ast Bal
Fund objective
The OMW FP Apollo Multi Asset Balanced fund invests solely in the FP Apollo Multi Asset Balanced fund, a sub fund of the FP Apollo Multi Asset Management Funds, a UK authorised OEIC managed by Fund Partners Limited. The underlying fund seeks to achieve a positive return over the medium to longer term, which is in excess of normal cash deposit rates. The underlying fund will invest in a range of assets including collective investment schemes, closed-ended funds, transferable securities, money market instruments and cash/deposits. 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. 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 unregulated Collective Investment Schemes, such as unregulated open ended investment companies (OEICs), unregulated unit trusts and hedge funds , which may involve a higher degree of risk. Unregulated Collective Investment schemes are not regulated by the Financial Conduct Authority and may not provide the same level of investor protection as regulated schemes. These schemes can be illiquid and can increase the risk of the fund price being more volatile. 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
  • Bank of England Base Rate + 5%
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
15.9%
1 Year rank in sector
147/490
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£0m (£0m 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.
46
Bid price
115.2
Offer price
121.2
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn48.9%
OMW IPL F&COs EqLnkUKInflPn42.8%
OMW IPL F&C Os EqLkUK GltPn31.9%
Aegon Dynamic Lifestyle 2023 (RR)Pn30.4%
AXA Wealth TEAMS cl Gvn ptfl VPn29.8%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities41.2%
    Alternative Assets24.6%
    Property15.4%
    Global Fixed Interest9%
    Money Market6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%3.2%8.9%15.9%16.7%27.8%
Sector1%1.9%6.1%14.5%21.7%45%
Rank within sector242 / 53089 / 52927 / 521147 / 490282 / 411336 / 359
Quartile2nd1st1st2nd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund6.3%4.3%3.4%1.3%6.3%
Sector3.5%11.8%1.3%6%8.3%
Rank within sector18 / 522442 / 45958 / 423360 / 397317 / 380
Quartile1st4th1st4th4th
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.
-0.5
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.
0.24
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%.
6.65
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.
4.92
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.
-0.32
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.
0.47
Price movement
52 week high116.3
52 week low98.5
Current bid price115.2
Current offer price121.2
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities41.2%
2Alternative Assets24.6%
3Property15.4%
4Global Fixed Interest8.97%
5Money Market6.6%
6Commodity & Energy3.23%
Individual holdings
1SOCGEN GLOBAL AUTOCALL 19%6.98%
2MACAU PROPERTY6.66%
3HENDERSON UK ABSOLUTE RETURN5.57%
4KAMES PROPERTY INCOME5.13%
5HERMES ASIA EX JAPAN FUND5.12%
6APOLLO ENHANCED ABSOLUTE RETURN5.08%
7CREDIT SUISSE GLOBAL AUTOCALL 21.25%4.74%
8GAM STAR CREDIT OPPORTUNITIES4.68%
9GAM STAR CONTINENTAL EUROPEAN4.5%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW FP Apollo Multi Asset Balanced fund invests solely in the FP Apollo Multi Asset Balanced fund, a sub fund of the FP Apollo Multi Asset Management Funds, a UK authorised OEIC managed by Fund Partners Limited. The underlying fund seeks to achieve a positive return over the medium to longer term, which is in excess of normal cash deposit rates. The underlying fund will invest in a range of assets including collective investment schemes, closed-ended funds, transferable securities, money market instruments and cash/deposits. 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. 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 unregulated Collective Investment Schemes, such as unregulated open ended investment companies (OEICs), unregulated unit trusts and hedge funds , which may involve a higher degree of risk. Unregulated Collective Investment schemes are not regulated by the Financial Conduct Authority and may not provide the same level of investor protection as regulated schemes. These schemes can be illiquid and can increase the risk of the fund price being more volatile. 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
  • Bank of England Base Rate + 5%
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Craig Wetton26/11/2008Craig is a partner and fund manager on the Apollo funds and also on the Athena discretionary managed portfolios. Craig has over 25 years investment experience and prior to founding Apollo was founder and CEO of the award winning financial advisory firm Chartwell Investment Management. At Chartwell, Craig was actively involved in all aspects of portfolio management, including asset allocation, fund selection, research, systems and controls and chaired both the Investment Committee and the Risk Committee.
Steve Brann26/11/2008Steve is a founding partner and fund manager on the Apollo funds and also on the Athena discretionary managed portfolios. Steve has over 25 years investment experience, working across a wide variety of investment disciplines. Steve moved from UBS in 1987 to manage the £3bn Lucas Industries Pension Fund which was ranked consistently in the top quartile for performance over 5 years. In 1994, he joined Dresdner Kleinwort Benson where he was responsible for investing – using a diverse range of trading strategies – £1bn of the Bank’s own capital in European equity markets. Having moved to Bank of America in 2000, Steve managed a team responsible for investing £500m of proprietary capital in European equity markets. Then in 2005, Steve set up and co-managed Miton’s CF MitonArcturus fund – one of the first funds in the UK to adopt a true multi asset class approach. During his stewardship, the fund achieved 1st Quartile performance in every period since launch.
Ian Willings26/11/2008Ian is a fund manager on the Apollo funds and also on the Athena discretionary managed portfolios. Ian has over 14 years investment experience having started his investment career in 2000 as an investment analyst for RP Hodson (Asset Management) before joining Insight Investment as a retail analyst. In 2004, Ian joined TT International, a hedge fund and European equity long-only specialist investment boutique, where he worked directly with the senior partners of the investment allocation team. In 2006 Ian joined Stephens Fund Management as the firm’s Investment Manager where he was responsible for the research and selection of collective investment vehicles and the portfolio construction of both discretionary and advisory client portfolios. Ian joined Apollo in 2010 as a Fund Manager and is a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW FP Apollo Multi Asset Balanced Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.17%
Bid price115.2
Offer price121.2
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFK5
OMW FP Apollo Multi Asset Balanced SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.17%
Bid price-
Offer price-
Mid price128
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFK6
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.