Fact sheet: OMW Fidelity Open Wrld

Fund information
Fund name
OMW Fidelity Open World Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Bill McQuakersince 01/01/2017
  • Ayesha Akbarsince 05/02/2013
Underlying fund
Fidelity Open World
Fund objective
This Fund targets an average annual return of 7% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has a large exposure to equities meaning that it is likely to experience short-term price fluctuations in line with these markets and an investor may not get back the full amount invested. The Fund invests primarily into funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed subject to it remaining within the following parameters: 80-100% equity, 0-20% debt instruments (which may include high yield and emerging market debt), 0-10% cash and 0-20% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
28.7%
1 Year rank in sector
452/999
Sector
PN Global Equities
Yield
-
Fund size
£1m (£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.
93
Bid price
126
Offer price
132.6
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn43.5%
Baillie Gifford Lng Tm Gbl Gth Pn40.6%
Zurich BailGfrd LgTrmGblGth40.2%
Stan Life BGiff LgTmGlGtOEICPn39.1%
Pru Ex-DSF M&G Mgd Gth Pn38.7%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America57.8%
    Europe ex UK14.4%
    Global Emerging Markets9.8%
    Japan7.9%
    UK5.4%
  • Equities100%
  • North American Equities57.8%
    Europe ex UK Equities14.4%
    Global Emerging Market Equities9.8%
    Japanese Equities7.9%
    UK Equities5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%4%11.9%28.7%--
Sector0.2%3.9%9.3%26.5%43%75.7%
Rank within sector896 / 1051697 / 1036270 / 1027452 / 999--
Quartile4th3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4%26.3%0.4%--
Sector4%22.4%3.7%7.8%21.4%
Rank within sector704 / 1036318 / 957796 / 915--
Quartile3rd2nd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high129.6
52 week low94.7
Current bid price126
Current offer price132.6
Current mid price-
Region
1North America57.8%
2Europe ex UK14.4%
3Global Emerging Markets9.8%
4Japan7.9%
5UK5.4%
6Pacific ex-Japan4.7%
Industry sector
1Equities100%
Asset type
1North American Equities57.8%
2Europe ex UK Equities14.4%
3Global Emerging Market Equities9.8%
4Japanese Equities7.9%
5UK Equities5.4%
6Asia Pacific ex Japan Equities4.7%
Individual holdings
1Independent Franchise Partners US Equity11.5%
2OLD MUTUAL NORTH AMERICAN EQUITY A ACC GBP10.8%
3ALMA CAPITAL INVESTMENT FUNDS - ALMA HOTCHKINS & WILEY US LARGE CAP VALUE EQUITY I USD9.9%
4FIDELITY INDEX US FUND P INCOME SHARES9.1%
5BLACKROCK CONTINENTAL EUROPEAN A ACC6.3%
6EATON VANCE EMD PAA EM EQ A2FD6.1%
7INVESCO CONTINENTAL EUROPEAN EQUITY FUND5.2%
8VULCAN VALUE EQUITY FUND GBP4.2%
9MAN INTERNATIONAL ICVC - JAPAN COREALPHAC3.9%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
This Fund targets an average annual return of 7% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has a large exposure to equities meaning that it is likely to experience short-term price fluctuations in line with these markets and an investor may not get back the full amount invested. The Fund invests primarily into funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed subject to it remaining within the following parameters: 80-100% equity, 0-20% debt instruments (which may include high yield and emerging market debt), 0-10% cash and 0-20% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Bill McQuaker01/01/2017Bill joined Henderson in 2005 as Head of the Multi-Manager team with portfolio management responsibilities for a number of funds including taking the lead on asset allocation within the funds. In January 2011 Bill assumed the role of Deputy Head of Equities, with responsibility for overseeing the management of all of Henderson's equity assets. Bill currently serves as Co-Head of Multi-Asset and is the Co-Asset Allocation Strategist of the International Opportunities Fund and Asset Allocation Strategist for the Emerging Markets Opportunities Fund. He also serves as co-manager of the All Asset Fund. Bill graduated with honours from The University of Edinburgh with a degree in Business.
Ayesha Akbar05/02/2013<<AUTOMATED>>
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Open World Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.78%
Bid price126
Offer price132.6
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKY9M
OMW Fidelity Open World SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price135
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKY9N
Data provided by

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