Fact sheet: OMW Fidelity Japan Sm Cos

Fund information
Fund name
OMW Fidelity Japan Smaller Companies Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Jun Tanosince 31/03/2006
Underlying fund
Fidelity Japan Smaller Comp
Fund objective
The OMW Fidelity Japan Smaller Companies fund invests solely in the Fidelity Japan Smaller Companies fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited.The underlying fund seeks to provide long term growth potential from a portfolio of Japanese equities. The portfolio is likely to have a bias towards medium-sized and smaller companies although the ACD is not restricted in its choice of company by either size or industry.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
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.9%
1 Year rank in sector
174/189
Sector
PN Japan
Yield
-
Fund size
£4m (£4m 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.
125
Bid price
516.5
Offer price
543.6
Top in this sector
Fund name1 Year
Zurich Inv PerpJapnseSmCosPn39.4%
OMW M&G Japan Smaller Cos38.9%
OMW InvescoPerpetaulJpnSlCos38.8%
SIP Inv Prp Jpnse Sm Cos Pn38.6%
FL GM Japnse Eq Pn37.7%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan95.5%
    Money Market4.5%
  • Others18.7%
    Machinery15.3%
    Retail12%
    Electronic & Electrical Equipment10.4%
    Chemicals7.7%
  • Japanese Equities95.5%
    Money Market4.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7%2%11%16.9%47.8%86.7%
Sector-0%6.6%22.1%24.1%46.2%85.8%
Rank within sector186 / 195161 / 193174 / 192174 / 18988 / 18082 / 168
Quartile4th4th4th4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund14.5%21.4%3.4%29.7%1.4%
Sector22.2%15.7%1.5%26.2%4%
Rank within sector176 / 18920 / 18749 / 18048 / 177145 / 168
Quartile4th1st2nd2nd4th
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.
2.03
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.
0.98
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.
0.77
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%.
14.36
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.
6.74
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.
0.23
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 high572.7
52 week low384
Current bid price516.5
Current offer price543.6
Current mid price-
Region
1Japan95.5%
2Money Market4.5%
Industry sector
1Others18.7%
2Machinery15.3%
3Retail12%
4Electronic & Electrical Equipment10.4%
5Chemicals7.7%
6Wholesale7.7%
7Pharmaceuticals7.1%
8Communications5%
9Money Market4.5%
Asset type
1Japanese Equities95.5%
2Money Market4.5%
Individual holdings
1MAKITA CORP4.44%
2DISCO CORP3.62%
3MISUMI GROUP INC3.54%
4NIPPON SHINYAKU CO3.54%
5SHIMADZU CORP3.44%
6NIFCO INC2.82%
7SUMITOMO ELECTRIC INDUSTRIES2.8%
8NITORI HLDGS CO LTD2.75%
9SUZUKI MOTOR CORP2.56%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Fidelity Japan Smaller Companies fund invests solely in the Fidelity Japan Smaller Companies fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited.The underlying fund seeks to provide long term growth potential from a portfolio of Japanese equities. The portfolio is likely to have a bias towards medium-sized and smaller companies although the ACD is not restricted in its choice of company by either size or industry.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
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jun Tano31/03/2006Jun Tano was born in Japan in 1962. He attended the Wharton School of the University of Pennsylvania where he obtained his MBA. Jun started his career as an analyst for Meiji Life Insurance company in Tokyo in 1986. He became a portfolio manager in 1989 in the American office before joining the London office in 1992. He returned to Tokyo in 1999. Jun joined Fidelity in 2001 as an equity analyst, having previously developed extensive experience of the Japanese equity market. Jun's portfolio management experience now totals almost 16 years and his very strong investment background has already proven beneficial, as Jun has shown himself to be adept at uncovering attractive investment opportunities in the small to mid-cap investment space.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Japan Smaller Companies Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.39%
Bid price516.5
Offer price543.6
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeUY82
OMW Fidelity Japan Smaller Companies SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price680.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX28
Data provided by

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