Fact sheet: OMW Fidelity MAsset Strat

Fund information
Fund name
OMW Fidelity Multi Asset Strategic Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Nick Peterssince 31/01/2015
  • Kevin O' Nolansince 31/01/2015
Underlying fund
Fidelity Multi Ast Str
Fund objective
The OMW Fidelity Multi Asset Strategic fund invests solely in the Fidelity Multi Asset Strategic fund, a sub fund of Fidelity Investment Funds IV, a UK authorised open-ended investment company with variable capital, managed by FIL Investment Services (UK) Limited.The underlying fund aims to provide long term capital growth through global exposure to a balance of lower and higher risk assets. The underlying fund will primarily invest in funds (including funds managed by Fidelity).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.The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default.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 for investment purposes, 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.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
10.8%
1 Year rank in sector
345/496
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£5m (£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.
51
Bid price
159.1
Offer price
167.4
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn42.9%
OMW IPL F&COs EqLnkUKInflPn38.5%
OMW IPL F&C Os EqLkUK GltPn27.5%
Aegon Dynamic Lifestyle 2023 (RR)Pn26.3%
AXA Wealth TEAMS cl Gvn ptfl VPn25%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • USA41%
    UK34.6%
    Others8.4%
    Japan6%
    Germany1.9%
  • Others28.3%
    Financials14.5%
    Industrials9.9%
    Information Technology9%
    Consumer Discretionary8.2%
  • UK Fixed Interest32.8%
    Money Market26.3%
    UK Equities16.4%
    North American Equities9.9%
    Commodity & Energy9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%1.3%0.7%10.8%22%36.6%
Sector0.4%2.8%2.8%12.6%21.7%41.6%
Rank within sector460 / 536470 / 535492 / 525345 / 496162 / 417244 / 359
Quartile4th4th4th3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.8%12.3%0.4%8.5%6.2%
Sector2.7%11.8%1.3%6%8.3%
Rank within sector504 / 528176 / 465300 / 42943 / 403323 / 386
Quartile4th2nd3rd1st4th
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.
0.03
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.
1.06
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.
0.65
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%.
5.86
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.
1.69
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.
0.22
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.
0.92
Price movement
52 week high161.5
52 week low141.7
Current bid price159.1
Current offer price167.4
Current mid price-
Region
1USA41%
2UK34.6%
3Others8.4%
4Japan6%
5Germany1.9%
6Australia1.5%
7France1.5%
8Canada1.4%
9Hong Kong1.3%
Industry sector
1Others28.3%
2Financials14.5%
3Industrials9.9%
4Information Technology9%
5Consumer Discretionary8.2%
6Consumer Staples8%
7Health Care6.6%
8Materials4.5%
9Energy3.9%
Asset type
1UK Fixed Interest32.8%
2Money Market26.3%
3UK Equities16.4%
4North American Equities9.9%
5Commodity & Energy9.4%
6Global Fixed Interest5.3%
7Property3.9%
8Europe ex UK Equities3.7%
9Japanese Equities2.7%
Individual holdings
1UK AGGREGATE BOND FUND GROSS PAYING ACCUMULATION SHARES18.3%
2THE UNITED STATES DOLLAR FUND CLASS C FLEX DISTRIBUTING SHARES SERIES 116.19%
3FIDELITY CASH FUND Y ACCUMULATION SHARES11.84%
4UK GILT FUND GROSS PAYING ACCUMULATION SHARES9.73%
5BLOOMBERG COMMODITY INDEX_CFD9.65%
6LONG GILT FUTURE JUN17 G M74.71%
7FIDELITY SPECIAL SITUATIONS FUND A ACCUMULATION SHARES4.1%
8FIDELITY AMERICAN SPECIAL SITUATIONS ACC3.52%
9FIDELITY MONEYBUILDER GROWTH FUND A INCOME SHARES3.22%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Fidelity Multi Asset Strategic fund invests solely in the Fidelity Multi Asset Strategic fund, a sub fund of Fidelity Investment Funds IV, a UK authorised open-ended investment company with variable capital, managed by FIL Investment Services (UK) Limited.The underlying fund aims to provide long term capital growth through global exposure to a balance of lower and higher risk assets. The underlying fund will primarily invest in funds (including funds managed by Fidelity).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.The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default.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 for investment purposes, 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.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
Nick Peters31/01/2015<<AUTOMATED>>
Kevin O' Nolan31/01/2015Kevin O’Nolan is a Portfolio Manager in Fidelity Solutions. He joined Fidelity in 2008 as an Asset Allocation Analyst. During his time at Fidelity he has worked as a key member of Fidelity Solutions’ Tactical Asset Allocation team. In January 2015, Kevin O’Nolan became the lead portfolio manager on all five of our risk profiled Multi Asset Allocator funds. He was also appointed co-portfolio manager to 4 of our risk profiled Multi Asset growth range of funds and our two Global Multi Asset Tactical funds. Kevin’s deep understanding of the full range of market dynamics makes a significant contribution to our TAA process and views. Kevin holds a BA (Hons) in Management Science and Information Systems Studies from Trinity College, Dublin and an MSc in Investment Management from Cass Business School, London. He is also a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Multi Asset Strategic Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price159.1
Offer price167.4
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR984
OMW Fidelity Multi Asset Strategic SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price180.6
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR983
Data provided by

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