Fact sheet: OMW FP Verbatim Portfolio 3

Fund information
Fund name
OMW FP Verbatim Portfolio 3 Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • John Husselbeesince 01/07/2016
  • Paul Kimsince 01/07/2016
Underlying fund
FP Verbatim Portfolio 3
Fund objective
The OMW FP Verbatim Portfolio 3 Fund invests solely in the FP Verbatim Portfolio 3 Fund, a sub fund of FP Verbatim Funds, a UK authorised Open Ended Investment Company with variable capital, managed by Fund Partners Limited. The aim of the underlying fund is to use a broadly defensive investment strategy with the aim of achieving capital growth over the medium to longer term. The underlying fund will invest in collective investment schemes (regulated and unregulated) as well as directly held transferable securities, derivatives, cash, deposits, warrants and money market instruments. 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. 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
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.6%
1 Year rank in sector
383/496
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.
34
Bid price
133.4
Offer price
140.4
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn43.8%
OMW IPL F&COs EqLnkUKInflPn39.9%
OMW IPL F&C Os EqLkUK GltPn29%
Aegon Dynamic Lifestyle 2023 (RR)Pn27%
AXA Wealth TEAMS cl Gvn ptfl VPn26.8%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified34.7%
    UK26%
    International11.6%
    Money Market11%
    Europe5.1%
  • No data available.
  • UK Corporate Fixed Interest22.7%
    UK Gilts13.8%
    UK Equities12.1%
    Money Market11%
    Global Fixed Interest8.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%2.7%2.1%10.6%17.5%31.3%
Sector0.6%3.1%3.3%13.4%21.8%41.4%
Rank within sector224 / 536360 / 535438 / 525383 / 496267 / 417299 / 359
Quartile2nd3rd4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.2%9.5%0.3%6.1%4.8%
Sector2.9%11.8%1.3%6%8.3%
Rank within sector383 / 528286 / 465309 / 429151 / 403351 / 386
Quartile3rd3rd3rd2nd4th
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.
0.71
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.
0.7
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.
0.54
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%.
3.87
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.
1.87
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.
-0.67
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.
0.93
Price movement
52 week high133.9
52 week low119.7
Current bid price133.4
Current offer price140.4
Current mid price-
Region
1Not Specified34.68%
2UK25.96%
3International11.61%
4Money Market11.01%
5Europe5.12%
6Japan4.88%
7USA3.68%
8Asia Pacific3.06%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest22.73%
2UK Gilts13.84%
3UK Equities12.12%
4Money Market11.01%
5Global Fixed Interest8.46%
6UK Index-Linked6.95%
7Europe ex UK Equities5.12%
8UK Property5%
9Japanese Equities4.88%
Individual holdings
1L&G ALL STOCKS GILT INDEX TRUST M ACC13.84%
2VANGUARD GLOBAL BOND INDEX HEDGED ACC GBP8.46%
3ROYAL LONDON INDEX LINKED M INC6.95%
4L&G STERLING CORPORATE BOND INDEX I INC5.7%
5INSIGHT UK CORPORATE ALL MATURITIES BOND P GR ACC5.69%
6BLACKROCK CORPORATE BOND TRACKER D INC5.67%
7ROYAL LONDON CORPORATE BOND M INC5.67%
8AXA US SHORT DURATION HIGH YIELD BOND ZI INC3.15%
9FIDELITY INDEX UK P2.97%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW FP Verbatim Portfolio 3 Fund invests solely in the FP Verbatim Portfolio 3 Fund, a sub fund of FP Verbatim Funds, a UK authorised Open Ended Investment Company with variable capital, managed by Fund Partners Limited. The aim of the underlying fund is to use a broadly defensive investment strategy with the aim of achieving capital growth over the medium to longer term. The underlying fund will invest in collective investment schemes (regulated and unregulated) as well as directly held transferable securities, derivatives, cash, deposits, warrants and money market instruments. 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. 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
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Husselbee01/07/2016John Husselbee is one of the most highly regarded practitioners of multi-manager and multi-asset investing in the UK retail market. He was previously the Director of Multi-Manager Investment at Henderson Global Investors, where he was responsible for portfolio construction and fund selection for a range of portfolios totaling over £650 million. Prior to Hendersons, John was responsible for the launch and ongoing management of the portfolio management service at Rothschild Asset Management. In 2005, John founded North Investment Partners and joined Liontrust in 2013 as Head of Multi-Manager Multi-Asset. John sits on the selection committee for the Investment Week Fund Manager of the Year Awards.
Paul Kim01/07/2016Paul Kim has managed discretionary portfolios and multi-manager funds for more than 30 years. He was instrumental in setting up Investment Manager Selection Ltd (IMS) and the subsequent growth of the business. In 2008, IMS was bought by BNP Paribas and re-named Fundquest, with Paul being responsible for the management of IMS funds and client funds, including for Aviva Investors. In March 2011, Paul was appointed Head of Fund Selection and Multi-Manager at Liverpool Victoria Asset Management (LVAM). Paul has also managed discretionary portfolios and services at Capel Cure Myers, Sun Life Portfolio Counselling Services (AXA Sun Life), Christie Group Investment Management and Spencer Thornton Investment Management Services. Paul joined Liontrust in 2013.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW FP Verbatim Portfolio 3 Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.46%
Bid price133.4
Offer price140.4
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ1K5
OMW FP Verbatim Portfolio 3 SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price147.9
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ1K6
Data provided by

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