Fact sheet: OMW Fidelity Japan

Fund information
Fund name
OMW Fidelity Japan Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Hiroyuki Itosince 01/06/2014
Underlying fund
Fidelity Japan
Fund objective
The OMW Fidelity Japan fund invests solely in the Fidelity Japan fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited. The underlying fund seeks to achieve long term capital growth from a portfolio primarily made up of shares of Japanese companies.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.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
18.4%
1 Year rank in sector
180/192
Sector
PN Japan
Yield
-
Fund size
£3m (£3m 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.
120
Bid price
249
Offer price
262.1
Top in this sector
Fund name1 Year
OMW M&G Japan Smaller Cos46.3%
Wesleyan Japanese Sh Pn42.9%
Pru Japan Pn40.2%
Pru FRIA M&G Japan Pn39.4%
OMW Henderson Jap Opp38.9%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan96.9%
    Money Market3.1%
  • Others23.1%
    Electronic & Electrical Equipment17.8%
    Machinery10.4%
    Chemicals8.1%
    Communications7.8%
  • Japanese Equities98.1%
    Money Market1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-0.2%-3.3%18.4%50.4%57.1%
Sector-1.8%0.4%0.6%27%63.7%88.9%
Rank within sector115 / 197139 / 196186 / 196180 / 192172 / 180170 / 173
Quartile3rd3rd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.4%15.4%14.3%0.2%15.7%
Sector2.2%23.8%15.7%1.5%26.2%
Rank within sector137 / 196181 / 189135 / 187138 / 180174 / 177
Quartile3rd4th3rd4th4th
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.
-1.72
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.
0.9
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%.
12.84
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.
4.36
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.
-0.48
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.
0.88
Price movement
52 week high259.8
52 week low200.8
Current bid price249
Current offer price262.1
Current mid price-
Region
1Japan96.9%
2Money Market3.1%
Industry sector
1Others23.1%
2Electronic & Electrical Equipment17.8%
3Machinery10.4%
4Chemicals8.1%
5Communications7.8%
6Services7.6%
7Banks5.3%
8Insurance4.8%
9Transport Equipment4.7%
Asset type
1Japanese Equities98.1%
2Money Market1.9%
Individual holdings
1RECRUIT HLDGS CO LTD5.24%
2MITSUBISHI UFJ FINANCIAL GROUP4.77%
3SHIN-ETSU CHEMICAL CO4.25%
4NIDEC CORP3.56%
5NIPPON TELEGRAPH & TELEPHONE CORP3.32%
6SOFTBANK GROUP CORP3.28%
7MURATA MANUFACTURING CO3.27%
8ROHM CO2.88%
9TOKIO MARINE HLDGS INC2.76%
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 fund invests solely in the Fidelity Japan fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited. The underlying fund seeks to achieve long term capital growth from a portfolio primarily made up of shares of Japanese companies.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.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
Hiroyuki Ito01/06/2014Ito joined the Investment Adviser in October 2005 as portfolio manager on the Japan Active Equity team. Prior to joining the Investment Adviser, from 2000 to 2005, Mr. Ito worked as Chief Portfolio Manager managing Japanese large cap equity institutional separate accounts and mutual funds at DLIBJ Asset Management, a member of Mizuho Financial Group.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Japan Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price249
Offer price262.1
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeYI88
OMW Fidelity Japan SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price329
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX27
Data provided by

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