Fact sheet: OMW FS Gbl Lstd Infrastruc

Fund information
Fund name
OMW First State Global Listed Infrastructure Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Andrew Greenupsince 01/06/2011
  • Peter Meanysince 08/10/2007
Underlying fund
First State GblLstdInfr
Fund objective
The OMW First State Global Listed Infrastructure fund invests solely in the First State Global Listed Infrastructure fund, a sub fund of First State Investments ICVC, a UK authorised OEIC managed by First State Investments (UK) Limited. The underlying fund seeks to achieve an investment return consistent with income and long term capital growth. The underlying fund invests in a diversified portfolio of listed infrastructure and infrastructure related securities from around the world. 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 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 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. 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 Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
25.8%
1 Year rank in sector
605/1000
Sector
PN Global Equities
Yield
-
Fund size
£7m (£6m 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.
105
Bid price
212.8
Offer price
224
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn41.9%
L&G Private Eq Pn36.7%
NFU Mutual Mgd Plan Intl Pn36.6%
Pru Ex-DSF M&G Mgd Gth Pn36.5%
NFU Mutual FRA International Pn36.3%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA48.5%
    UK9.1%
    Japan6.9%
    Australia6.3%
    China5.9%
  • Utilities38.6%
    Infrastructure26.6%
    Oil & Gas Equipment & Services10.4%
    Telecommunications Utilities4.8%
    Marine Ports4.7%
  • US Equities48.5%
    UK Equities9.1%
    Japanese Equities6.9%
    Australian Equities6.3%
    Chinese Equities5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%6.1%6.7%25.8%57.5%93.1%
Sector0.9%4.6%9.3%25.8%43%76.6%
Rank within sector127 / 1052131 / 1037902 / 1025605 / 1000102 / 862178 / 773
Quartile1st1st4th3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.7%33%-1.5%19%13.6%
Sector4.2%22.4%3.7%7.8%21.4%
Rank within sector137 / 103730 / 958837 / 9164 / 847764 / 821
Quartile1st1st4th1st4th
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.
4.94
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.
0.93
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.
1.08
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%.
12.05
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.
7.72
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.
0.49
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.
0.58
Price movement
52 week high215.2
52 week low165.5
Current bid price212.8
Current offer price224
Current mid price-
Region
1USA48.5%
2UK9.1%
3Japan6.9%
4Australia6.3%
5China5.9%
6Spain5.9%
7Canada5.2%
8France4.5%
9Italy2.7%
Industry sector
1Utilities38.6%
2Infrastructure26.6%
3Oil & Gas Equipment & Services10.4%
4Telecommunications Utilities4.8%
5Marine Ports4.7%
6Other - Property4.7%
7Oil & Gas3.5%
8Transport3.3%
9Money Market1.8%
Asset type
1US Equities48.5%
2UK Equities9.1%
3Japanese Equities6.9%
4Australian Equities6.3%
5Chinese Equities5.9%
6Spanish Equities5.9%
7Canadian Equities5.2%
8French Equities4.5%
9Italian Equities2.7%
Individual holdings
1PG&E CORP6.5%
2NATIONAL GRID6.3%
3TRANSURBAN GROUP6.3%
4ENBRIDGE INC5.2%
5NEXTERA ENERGY INC5.1%
6EAST JAPAN RAILWAY CO4.9%
7AMERICAN ELECTRIC POWER CO INC4.1%
8EVERSOURCE ENERGY4%
9SBA COMMUNICATIONS4%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW First State Global Listed Infrastructure fund invests solely in the First State Global Listed Infrastructure fund, a sub fund of First State Investments ICVC, a UK authorised OEIC managed by First State Investments (UK) Limited. The underlying fund seeks to achieve an investment return consistent with income and long term capital growth. The underlying fund invests in a diversified portfolio of listed infrastructure and infrastructure related securities from around the world. 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 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 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. 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 Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Greenup01/06/2011Andrew joined the Global Listed Infrastructure team as Portfolio Manager in 2007. He brings to this role over 10 years investment experience, a strong stock picking track record and portfolio management experience. In 2005 he joined Colonial First State Global Asset Management as a senior analyst in the Australian Equities, Core team and was a back-up portfolio manager for several funds. Prior to his time at Colonial First State Global Asset Management, Andrew worked at Allianz Global Investors as a senior analyst in Australian equities. Before funds management, Andrew worked at Credit Suisse First Boston as an equities analyst for eight years. During his time in financial markets, Andrew has researched a broad cross section of industries including infrastructure, utilities, transportation, developers and contractors, retailing, food and beverages, gaming, media, insurance and diversified financials. Andrew holds a Bachelor Business (First Class Honours) from the Queensland University of Technology (QUT) and was awarded the QUT University medal. He has completed the Graduate Diploma in Applied Finance & Investment from the Financial Services Institute of Australasia. Andrew is currently studying the Company Directors Course from the AICD and a Postgraduate Certificate in International Relations.
Peter Meany08/10/2007Peter Meany is the Head of Global Listed Infrastructure for Colonial First State Global Asset Management (‘CFSGAM’). In his role, Peter is responsible for managing infrastructure securities on behalf of institutional and wholesale clients in North America, Asia-Pacific and Europe. Since establishing the strategy in 2007, he has built a high quality team of investment specialists who have delivered consistent outperformance through a wide range of market conditions. Peter has more than 19 years’ experience as a specialist infrastructure portfolio manager and analyst. Prior to joining CFSGAM in January 2007, Peter was responsible for research coverage of the Infrastructure and Utilities sectors at Credit Suisse (Australia). He also gained experience at Credit Suisse as an analyst in the telecoms and energy sectors. Peter started his career as an analyst at Macquarie Equities when the infrastructure sector was in its infancy. Peter holds a Bachelor of Economics (Finance) from Macquarie University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW First State Global Listed Infrastructure Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price212.8
Offer price224
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBOX8
OMW First State Global Listed Infrastructure SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price239.5
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBOX9
Data provided by

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