Fact sheet: OMW Fidelity Mbuilder Bal

Fund information
Fund name
OMW Fidelity Moneybuilder Balanced Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Ian Spreadburysince 31/07/1995
  • Michael Clarksince 01/12/2009
Underlying fund
Fidelity Moneybuilder Bln
Fund objective
The OMW Fidelity MoneyBuilder Balanced invests solely in the Fidelity MoneyBuilder Balanced fund, a sub fund of Fidelity Investment Funds a UK authorised OEIC managed by Fidelity Investment Services Ltd. The underlying fund seeks to achieve an attractive level of income together with some long term capital growth. The underlying fund will obtain exposure primarily to the UK. The underlying fund may invest directly in UK government and corporate bonds and other fixed interest securities, preference shares, convertibles and ordinary shares or may achieve exposure indirectly through the use of derivatives. 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 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, 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
Aggressive
Investment method
None
Quick stats
1 Year return
0.7%
1 Year rank in sector
779/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£8m (£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.
68
Bid price
401
Offer price
422.1
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.7%
Scot Eq Ext Bal Coll (ex MLC) Pn20.7%
FL My Ftr Adv Gth XE/IE Pn20.1%
Scot Eq Sequel Adventurous Pn19.6%
Scot Eq Sequel Adven Jrny Pn19.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK60.4%
    Not Specified31.3%
    USA3.8%
    Money Market1.7%
    Switzerland1.3%
  • Fixed Interest31.3%
    Consumer Goods20%
    Financials15%
    Health Care9.3%
    Industrials8%
  • UK Equities60.4%
    Global Fixed Interest31.3%
    US Equities3.8%
    Money Market1.7%
    Swiss Equities1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-6.5%0.8%0.7%16.8%39.2%
Sector-0.8%-1.2%7.8%10.2%21.1%47.2%
Rank within sector902 / 913864 / 912870 / 894779 / 795568 / 692507 / 595
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2%4.6%7.9%11.1%7.8%
Sector10%2.2%5.7%13.1%9.9%
Rank within sector775 / 800102 / 75370 / 692552 / 661510 / 596
Quartile4th1st1st4th4th
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.
-0.3
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.
0.89
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.
0.25
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%.
7.61
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.
4.23
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.
-0.24
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.
0.69
Price movement
52 week high431.7
52 week low372.3
Current bid price401
Current offer price422.1
Current mid price-
Region
1UK60.37%
2Not Specified31.3%
3USA3.75%
4Money Market1.7%
5Switzerland1.34%
6Germany0.8%
7France0.74%
Industry sector
1Fixed Interest31.3%
2Consumer Goods19.97%
3Financials15.01%
4Health Care9.31%
5Industrials7.97%
6Utilities6.9%
7Consumer Services2.75%
8Telecommunications2.48%
9Oil & Gas1.94%
Asset type
1UK Equities60.37%
2Global Fixed Interest31.3%
3US Equities3.75%
4Money Market1.7%
5Swiss Equities1.34%
6German Equities0.8%
7French Equities0.74%
Individual holdings
1TREASURY 5% GILT 07/03/18 GBP7.25%
2IMPERIAL BRANDS PLC3.91%
3GLAXOSMITHKLINE3.74%
4ASTRAZENECA PLC3.5%
5TREASURY 4.5% GILT 07/03/2019 GBP0.013.5%
6HSBC HLDGS3.03%
7TREASURY 4.25% GILT 07/03/36 GBP0.012.91%
8BRITISH AMERICAN TOBACCO2.7%
9TREASURY 1.25% GILT 22/7/18 GBP0.012.49%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Fidelity MoneyBuilder Balanced invests solely in the Fidelity MoneyBuilder Balanced fund, a sub fund of Fidelity Investment Funds a UK authorised OEIC managed by Fidelity Investment Services Ltd. The underlying fund seeks to achieve an attractive level of income together with some long term capital growth. The underlying fund will obtain exposure primarily to the UK. The underlying fund may invest directly in UK government and corporate bonds and other fixed interest securities, preference shares, convertibles and ordinary shares or may achieve exposure indirectly through the use of derivatives. 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 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, 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
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Ian Spreadbury31/07/1995Ian Spreadbury is a Senior Portfolio Manager at Fidelity International with 30 years investment experience. Since joining Fidelity in 1995, he has been responsible for managing several of Fidelity's bond strategies. Previously, he worked for Legal and General in various positions including Senior Portfolio Manager (Bonds). Ian has a BSc in Pure & Applied Mathematics from University College of North Wales and an MSc in Mathematical Statistics from University of Sussex. He is also a Fellow of the Institute of Actuaries and is one of the most experienced fixed income managers in the industry.
Michael Clark01/12/2009Michael Clark is a Portfolio Manager at Fidelity Worldwide Investment (FIL). From FIL's London headquarters, Mr. Clark has managed the Fidelity Income Plus Fund since July 2008. He also manages the Fidelity Enhanced Income Fund, which was launched in February 2009. Prior to becoming a Portfolio Manager, Mr. Clark spent five years as Pan-European Equity Research Analyst with Fidelity, covering oil services, construction, automotive and industrials. Mr Clark has over twenty years investment experience as an analyst on the sell-side, covering a wide range of companies and sectors in the UK and Continental Europe. These sectors include foods, business services, pharmaceuticals and electrical engineering. Previously he worked at JP Morgan, Enskilda and Morgan Grenfell. In 1982 Mr Clark gained a degree in Modern Languages from Cambridge University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Moneybuilder Balanced Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price401
Offer price422.1
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeS431
OMW Fidelity Moneybuilder Balanced SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price504
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX31
Data provided by

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