Fact sheet: OMW Fidelity Multi Asset Adv

Fund information
Fund name
OMW Fidelity Multi Asset Adventurous 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 Ml Ass Advs
Fund objective
The OMW Fidelity Multi Asset Adventurous Fund invests solely in the Fidelity Multi Asset Adventurous Fund, a sub fund of Fidelity Investment Funds IV, a UK authorised open ended investment company managed by FIL Investment Services (UK) Limited. The aim of the underlying fund is to provide long term capital growth by investing primarily through other regulated collective investment schemes, including schemes managed by Fidelity in order to obtain exposure to global equities, commodities and global fixed income securities, with a bias towards the UK. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. 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, 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 adjustments and the OMW investment process.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
27.9%
1 Year rank in sector
72/437
Sector
PN Flexible Investment
Yield
-
Fund size
£105m (£99m 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.
83
Bid price
151.2
Offer price
159.1
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn44.3%
SW Prem Pn Pfl 1 Pn41.6%
Scot Eq UBS Stockmkt Mgd Pn40.3%
FL Spicers Adventurous Pn40%
OMW IPL F&CUK EqLkd GiltPn37.7%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • USA38.2%
    UK23.6%
    Money Market17.9%
    Others7.3%
    Japan4.7%
  • Others22.1%
    Money Market17.9%
    Financials11.7%
    Information Technology8.1%
    Industrials7.7%
  • International Equities75.8%
    Others17.9%
    Commodity & Energy15.1%
    Property8.1%
    Alternative Investment Strategies-16.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.3%2.8%10.3%27.9%32.9%63.1%
Sector3.1%1.7%6.7%19.1%26.5%56.9%
Rank within sector146 / 489184 / 486185 / 46772 / 437103 / 311150 / 250
Quartile2nd2nd2nd1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.1%19%0.9%8.2%14.8%
Sector1.4%14.2%2.5%6.7%14.8%
Rank within sector189 / 488101 / 431257 / 33588 / 309216 / 266
Quartile2nd1st4th2nd4th
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.
-1.11
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.
1.34
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.
0.58
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%.
9.73
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.
3.58
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.
0.36
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.
0.93
Price movement
52 week high151.1
52 week low110.8
Current bid price151.2
Current offer price159.1
Current mid price-
Region
1USA38.15%
2UK23.55%
3Money Market17.9%
4Others7.3%
5Japan4.73%
6Canada1.66%
7France1.58%
8Germany1.58%
9Australia1.33%
Industry sector
1Others22.08%
2Money Market17.9%
3Financials11.66%
4Information Technology8.13%
5Industrials7.72%
6Consumer Discretionary6.9%
7Consumer Staples6.24%
8Health Care5.17%
9Real Estate4.35%
Asset type
1International Equities75.8%
2Others17.9%
3Commodity & Energy15.1%
4Property8.1%
5Alternative Investment Strategies-16.9%
Individual holdings
1SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF GBP2.83%
2FIDELITY GROSS ACCUMULATING CASH A GBP2.78%
3BLACKROCK GLOBAL PROPERTY SECURITIES EQUITY TRACKER L ACC2.03%
4DEUTSCHE BANK AG LONDON 0% BDS 10/02/17 USD11.91%
5DEUTSCHE BANK AG LONDON 0% BDS 16/02/17 USD11.5%
6ISHARES VII PLC ISHRS MSCI CANADA UCITS ETF USD ACC1.44%
7DOW JONES UBS IND METLS TR SUB_WARRANT1.2%
8FIDELITY INSTITUTIONAL LIQUIDITY FD UNITED STATES DOLLAR FD DISTRIBUTION NAV0.98%
9ROYAL DUTCH SHELL0.92%
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 Adventurous Fund invests solely in the Fidelity Multi Asset Adventurous Fund, a sub fund of Fidelity Investment Funds IV, a UK authorised open ended investment company managed by FIL Investment Services (UK) Limited. The aim of the underlying fund is to provide long term capital growth by investing primarily through other regulated collective investment schemes, including schemes managed by Fidelity in order to obtain exposure to global equities, commodities and global fixed income securities, with a bias towards the UK. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. 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, 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 adjustments and the OMW investment process.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Nick Peters31/01/2015Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
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 Adventurous 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 price151.2
Offer price159.1
Mid price-
CurrencyGBX
Price updated12/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLKI2
OMW Fidelity Multi Asset Adventurous 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 price166.7
CurrencyGBX
Price updated12/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLKI3
Data provided by

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