Fact sheet: OMW FP Apollo MA Cautious

Fund information
Fund name
OMW FP Apollo Multi Asset Cautious Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Ian Willingssince 27/11/2008
  • Ryan Hughessince 13/10/2013
  • Craig Wettonsince 27/11/2008
  • Steve Brannsince 27/11/2008
Underlying fund
FP Apollo Multi Ast Cau
Fund objective
The OMW FP Apollo Multi Asset Cautious fund invests solely in the FP Apollo Multi Asset Cautious 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 above 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 + 3%
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
1.1%
1 Year rank in sector
401/510
Sector
PN Specialist
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.
47
Bid price
107.6
Offer price
113.2
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
ReAssure AL NptRu&GtrRus Pn38.2%
L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities41.6%
    Alternative Assets25.7%
    Global Fixed Interest13.4%
    Money Market10.7%
    Property5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%3.4%6.2%1.1%6%20%
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector174 / 54646 / 544261 / 531401 / 510302 / 386228 / 313
Quartile2nd1st2nd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.1%1.9%1.4%9%5.3%
Sector8.9%2%7.2%11%7.7%
Rank within sector386 / 514175 / 450336 / 388164 / 357237 / 318
Quartile4th2nd4th2nd3rd
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.
-2.64
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.
0.76
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%.
6.29
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.
4.66
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.
-0.91
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.
0.5
Price movement
52 week high108.7
52 week low96.2
Current bid price107.6
Current offer price113.2
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities41.6%
2Alternative Assets25.67%
3Global Fixed Interest13.37%
4Money Market10.69%
5Property5.52%
6Commodity & Energy3.15%
Individual holdings
1ROYAL LONDON SHORT DURATION HIGH YIELD BOND7.8%
2CREDIT SUISSE GLOBAL AUTOCALL 21.25%7.05%
3APOLLO STRUCTURED OPPORTUNITIES 6.84%
4OLD MUTUAL GLOBAL EQUITY ABSOLUTE RETURN A ACC USD5.6%
5GAM STAR CREDIT OPPORTUNITIES EUR INST5.57%
6MACAU PROPERTY OPPORTUNITIES5.52%
7SOCGEN GLOBAL AUTOCALL 19%5.26%
8HENDERSON UK ABSOLUTE RETURN A ACC5.25%
9POLAR CAPITAL GLOBAL TECHNOLOGY USD4.93%
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 Cautious fund invests solely in the FP Apollo Multi Asset Cautious 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 above 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 + 3%
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Ian Willings27/11/2008Ian started his investment career in June 2000 as an investment analyst for RP Hodson (Asset Management). In July 2001 he moved to London to become a retail analyst with Insight Investments, part of the HBOS group supplying technical data to clients and fund managers. In 2004 he took up the opportunity to join TT International as a client service analyst where he worked directly with the senior partners of the investment allocation team with primary responsibility to communicate that strategy to clients. He was also responsible for running client's model portfolio's, which mirrored one of TT's active European equity accounts. In June 2006 Ian joined Stephens Fund Management as an Investment Manager where his primary responsibility was t to actively manage the central model portfolios around which all client portfolios are based. Ian is CFA qualified.
Ryan Hughes13/10/2013Ryan is a fund manager on the Apollo funds and also on the Athena discretionary managed portfolios. Ryan has over 15 years investment experience and prior to working at Apollo was Senior Fund Manager at Skandia Investment Group for eight years. Here he was a key member of the investment committee and global asset allocation committee which was responsible for managing over £12bn of multi asset portfolios, including the awards winning Spectrum range.
Craig Wetton27/11/2008Craig joined Chase de Vere in 1986 as an independent financial advisor. In 1995, he founded Chartwell Investment Management and Chartwell Asset Management, and as CEO was responsible for developing and managing a fee-based advisory service, execution only service and discretionary management service. Craig was actively involved in all aspect of portfolio management, including asset allocation, fund selection, research, systems and controls. When Chartwell was sold in November 2005, Craig was retained as Investment Director and in September 2006 became responsible for the establishment, operation and marketing of the Chartwell OEIC. The Chartwell OEIC has three sub-funds, each of which is independently managed and utilises a true multi – asset approach. Craig chaired both the Investment Committee - monitoring performance of the incumbent Investment Managers against their respective investment mandate – and the Risk Committee – monitoring risks undertaken by the Investment Managers, specifically their use of derivatives and embedded derivatives.
Steve Brann27/11/2008Steve 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 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 Miton Arcturus 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW FP Apollo Multi Asset Cautious Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.32%
Bid price107.6
Offer price113.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFK8
OMW FP Apollo Multi Asset Cautious SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price119.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFK9
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.