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
7.8%
1 Year rank in sector
54/146
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
158.4
Offer price
166.7
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn16.6%
LV= BlackRock Consensus 35 Pn16.3%
FL Defensive Index FOF Pn15.6%
SL BlackRkConsensus 35 Pn15.3%
OMW BlackRock Consensus 3515.2%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK42.9%
    Ireland14.9%
    Money Market13.4%
    USA10.6%
    Others4.7%
  • Financials32.4%
    Money Market13.4%
    Consumer Staples10.4%
    Others10%
    Industrials8.7%
  • Global High Yield Fixed Interest27.3%
    Global Investment Grade Fixed Interest24.7%
    Money Market13.4%
    International Equities10.9%
    UK Equities9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-1.8%6%7.8%17.4%39.8%
Sector-1.1%-0.9%7.4%9.9%21.5%38.9%
Rank within sector99 / 17677 / 17564 / 16654 / 14651 / 12518 / 95
Quartile3rd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund8.5%0.8%7.8%5.5%10.7%
Sector10.3%2.3%7.6%5.6%6.9%
Rank within sector55 / 14688 / 13548 / 12651 / 11310 / 96
Quartile2nd3rd2nd2nd1st
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.
0.14
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.
0.62
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%.
4.39
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.
2.1
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.
-0.28
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.
0.78
Price movement
52 week high162.2
52 week low140.8
Current bid price158.4
Current offer price166.7
Current mid price-
Region
1UK42.9%
2Ireland14.87%
3Money Market13.35%
4USA10.57%
5Others4.65%
6Japan2.77%
7Guernsey2.68%
8Netherlands2.18%
9Switzerland2.05%
Industry sector
1Financials32.36%
2Money Market13.35%
3Consumer Staples10.4%
4Others10.03%
5Industrials8.74%
6Health Care7.41%
7Utilities6.28%
8Consumer Discretionary2.66%
9Information Technology2.42%
Asset type
1Global High Yield Fixed Interest27.3%
2Global Investment Grade Fixed Interest24.68%
3Money Market13.35%
4International Equities10.9%
5UK Equities9.6%
6Others6.16%
7Global Emerging Market Fixed Interest5.31%
8Global Fixed Interest2.71%
Individual holdings
1ISHARES EMERGING MARKETS LOCAL GOVERNMENT BOND UCITS ETF USD2.14%
2ISHARES EMERGING MARKETS LOCAL GOVERNMENT BOND UCITS ETF USD2.14%
3HICL INFRASTRUCTURE2.05%
4ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST1.78%
5ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST1.78%
6ISHARES PLC ISHARES O DIVIDEND UCITS ETF EUR DIST1.71%
7ISHARES PLC ISHARES O DIVIDEND UCITS ETF EUR DIST1.71%
8JOHN LAING INFRASTRUCTURE ORD 0.01P1.69%
9TWENTYFOUR INCOME LIMITED ORD1.61%
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)1.63%
Bid price158.4
Offer price166.7
Mid price-
CurrencyGBX
Price updated01/12/2016
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)1.63%
Bid price-
Offer price-
Mid price178
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFN6
Data provided by

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