Fact sheet: OMW Fidelity MA Open Strat

Fund information
Fund name
OMW Fidelity Multi Asset Open Strategic Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Bill McQuakersince 11/01/2017
  • Ayesha Akbarsince 11/01/2017
Underlying fund
Fidelity Ml Ass Op Sg
Fund objective
This Fund targets an average annual return of 5% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has exposure to both higher and lower risk investments meaning that there is a moderate risk of capital losses and an investor may not get back the full amount invested. The Fund invests primarily into funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed subject to it remaining within the following parameters: 20-60% equity, 5-80% debt instruments (which may include high yield and emerging market debt), 0-30% cash and 0-30% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.7%
1 Year rank in sector
150/490
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.
43
Bid price
125.6
Offer price
132.2
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn38.1%
OMW IPL F&COs EqLnkUKInflPn35.3%
OMW IPL F&C Os EqLkUK GltPn24.8%
AXA Wealth TEAMS cl Gvn ptfl VPn21.7%
Aegon Dynamic Lifestyle 2023 (RR)Pn21%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK36.4%
    Money Market16%
    International14.8%
    Europe ex UK9.3%
    North America8.8%
  • Equities40.6%
    Fixed Interest35.1%
    Others16%
    Commodity & Energy4.8%
    Property4.5%
  • UK Fixed Interest20.3%
    UK Equities16.1%
    Money Market16%
    Global Fixed Interest14.8%
    Europe ex UK Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%0.9%2.4%12.7%19.2%34.3%
Sector-0.7%1.9%2.3%11.5%21.6%40.3%
Rank within sector388 / 530422 / 529246 / 519150 / 490219 / 411253 / 353
Quartile3rd4th2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.7%13.6%-1.6%5.5%6.5%
Sector2.1%11.8%1.3%6%8.3%
Rank within sector341 / 522124 / 459385 / 423178 / 397308 / 380
Quartile3rd2nd4th2nd4th
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.
-0.1
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.
0.52
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%.
5.32
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.
2.04
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.
-0.3
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.
0.86
Price movement
52 week high127.2
52 week low110.1
Current bid price125.6
Current offer price132.2
Current mid price-
Region
1UK36.4%
2Money Market16%
3International14.8%
4Europe ex UK9.3%
5North America8.8%
6Not Specified8.3%
7Global Emerging Markets2.7%
8Japan1.9%
9Pacific ex-Japan1.8%
Industry sector
1Equities40.6%
2Fixed Interest35.1%
3Others16%
4Commodity & Energy4.8%
5Property4.5%
6Derivatives-1%
Asset type
1UK Fixed Interest20.3%
2UK Equities16.1%
3Money Market16%
4Global Fixed Interest14.8%
5Europe ex UK Equities9.3%
6North American Equities8.8%
7Commodity & Energy4.8%
8Property4.5%
9Global Emerging Market Equities2.7%
Individual holdings
1UK AGGREGATE BOND FUND GROSS PAYING ACCUMULATION SHARES11.26%
2MAJEDIE ASSET MANAGEMENT4.37%
3LOOMIS SAYLES GLOBAL OPPORTUNISTIC BOND3.98%
4FIDELITY STRATEGIC BOND FUND A INCOME SHARES3.89%
5BLOOMBERG COMMODITY INDEX_CFD3.75%
6JO HAMBRO CAPITAL MANAGEMENT UK UMBRELLA FUND - UK DYNAMIC FUND3.6%
7FIDELITY CASH FUND Y ACCUMULATION SHARES3.47%
8LEGAL & GENL AL STK GLT INX FN2.94%
9THE UNITED STATES DOLLAR FUND CLASS C FLEX DISTRIBUTING SHARES SERIES 12.92%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
This Fund targets an average annual return of 5% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has exposure to both higher and lower risk investments meaning that there is a moderate risk of capital losses and an investor may not get back the full amount invested. The Fund invests primarily into funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed subject to it remaining within the following parameters: 20-60% equity, 5-80% debt instruments (which may include high yield and emerging market debt), 0-30% cash and 0-30% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Bill McQuaker11/01/2017Bill joined Fidelity Multi Asset in October 2016. He has three decades of investment experience, joining Fidelity from Henderson Global Investors, where he was Head of Multi Asset. Before this, Bill worked at Credit Suisse, where he held roles in European equity strategy and quantitative research. Over his extensive career, Bill has developed a rigorous and disciplined investment approach. He has a deep understanding of asset class behaviour, and substantial experience in managing multi asset investment strategies to deliver specific outcomes for clients.Bill graduated from Edinburgh University in 1985, with a BComm degree in Business.
Ayesha Akbar11/01/2017<<AUTOMATED>>
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Multi Asset Open Strategic Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price125.6
Offer price132.2
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR990
OMW Fidelity Multi Asset Open Strategic SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price142.6
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR989
Data provided by

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