Fact sheet: OMW Fidelity MultiAsset Inc

Fund information
Fund name
OMW Fidelity Multi Asset Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Eugene Philalithissince 30/04/2013
Underlying fund
Fidelity Mlti Ast Inc
Fund objective
The OMW Fidelity Multi-Asset Income fund invests solely in the Fidelity Multi-Asset Income fund, a sub fund of Fidelity Investment Funds IV, a UK authorised OEIC managed by FIL Investment Services (UK) Limited.The underlying fund aims to achieve a combination of income and long term capital growth by investing in a range of investments covering markets through the world and providing exposure to bonds, equities, index based commodity derivatives, property and cash.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
12.3%
1 Year rank in sector
53/145
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£4m (£1m 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.
34
Bid price
162.1
Offer price
170.6
Top in this sector
Fund name1 Year
Pru Dynamic Growth ll Pn22.6%
Stan Life TM Levitas A Pn21.4%
Canlife BlkRckConsensus 35Pn19.6%
Zurich BlkRk Cnsnss 35 Pn19.5%
Aegon BAQ 30/70 Equ &Bd Ix Pn19.2%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK45.7%
    Ireland15.9%
    Money Market14.5%
    USA10.3%
    Guernsey2.6%
  • Financials31.8%
    Money Market14.5%
    Others9.8%
    Consumer Staples9.2%
    Industrials8.5%
  • Global Investment Grade Fixed Interest27.4%
    Global High Yield Fixed Interest24.3%
    Money Market14.5%
    UK Equities9.2%
    International Equities7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%0.3%3.6%12.3%19.5%40.2%
Sector1.9%1.5%4.3%14%23.2%39.1%
Rank within sector90 / 178101 / 17567 / 16753 / 14552 / 12521 / 97
Quartile3rd3rd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.8%10.1%0.8%7.8%5.5%
Sector0.6%12.5%2.3%7.6%5.6%
Rank within sector73 / 17859 / 14587 / 13448 / 12551 / 112
Quartile2nd2nd3rd2nd2nd
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.
-0.68
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.
0.94
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%.
4.66
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.
2.13
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.
-0.52
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.
0.79
Price movement
52 week high162.2
52 week low140.8
Current bid price162.1
Current offer price170.6
Current mid price-
Region
1UK45.72%
2Ireland15.88%
3Money Market14.5%
4USA10.25%
5Guernsey2.59%
6Japan2.44%
7Netherlands2.11%
8Germany1.96%
9Switzerland1.96%
Industry sector
1Financials31.77%
2Money Market14.5%
3Others9.77%
4Consumer Staples9.23%
5Industrials8.48%
6Utilities6.99%
7Health Care6.37%
8Real Estate3.91%
9Consumer Discretionary2.78%
Asset type
1Global Investment Grade Fixed Interest27.41%
2Global High Yield Fixed Interest24.3%
3Money Market14.53%
4UK Equities9.19%
5International Equities7.39%
6Others7.28%
7Global Emerging Market Fixed Interest5.7%
8Global Fixed Interest3.39%
9Property0.81%
Individual holdings
1ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST2.65%
2ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST2.65%
3HICL INFRASTRUCTURE2.28%
4ISHARES EMERGING MARKETS LOCAL GOVERNMENT BOND UCITS ETF USD1.9%
5ISHARES EMERGING MARKETS LOCAL GOVERNMENT BOND UCITS ETF USD1.9%
6JOHN LAING INFRASTRUCTURE ORD 0.01P1.87%
7ISHARES EURO DIVIDEND UCITS ETF GBP1.66%
8ISHARES EURO DIVIDEND UCITS ETF GBP1.66%
9NB GLOBAL FLOATING RATE INCOME RED ORD GBP1.08%
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 Income fund invests solely in the Fidelity Multi-Asset Income fund, a sub fund of Fidelity Investment Funds IV, a UK authorised OEIC managed by FIL Investment Services (UK) Limited.The underlying fund aims to achieve a combination of income and long term capital growth by investing in a range of investments covering markets through the world and providing exposure to bonds, equities, index based commodity derivatives, property and cash.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Eugene Philalithis30/04/2013Eugene Philalithis joined Fidelity in 2007 as a Portfolio Manager, with a focus on fixed income and alternatives. Eugene manages a number of multi asset funds with internal and open architecture for both retail and institutional clients. He has currently 17 years of investment experience which includes Russell Investment in London and Canadian Imperial Bank of Commerce in Singapore. Eugene has a Bachelor or Engineering and an MBA, both from Imperial College, London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Multi Asset Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.34%
Bid price162.1
Offer price170.6
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFN5
OMW Fidelity Multi Asset Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price182.3
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFN6
Data provided by

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