Fact sheet: OMW Fidelity Spcl Sits

Fund information
Fund name
OMW Fidelity Special Situations Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Alex Wrightsince 01/01/2014
Underlying fund
Fidelity Special Situations
Fund objective
The OMW Fidelity Special Situations fund invests solely in the Fidelity Special Situations fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited. The underlying fund seeks to achieve long term capital growth from a portfolio primarily made up of the shares of UK companies. The underlying fund will have a blend of investments in larger, medium and smaller sized companies.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.Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units.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
No data available.
Investment method
Shares
Quick stats
1 Year return
9.8%
1 Year rank in sector
122/843
Sector
PN UK All Companies
Yield
-
Fund size
£72m (£74m 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.
107
Bid price
198.3
Offer price
208.7
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn41.9%
Countrywide Equity Pn21.2%
OMW Schroder Recovery20.7%
Royal London Schroders Recovery Pn20.5%
Fidelity UBS UK Select Pn20%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK84.3%
    USA14%
    Austria2.5%
    Germany1.4%
    Ireland1.4%
  • Financials35.1%
    Industrials28%
    Oil & Gas9.4%
    Consumer Services7.7%
    Technology7.6%
  • UK Equities84.3%
    US Equities14%
    Austrian Equities2.5%
    German Equities1.4%
    Irish Equities1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%3.1%7.5%9.8%20.8%100.5%
Sector-1.2%-0.3%6.2%5.1%13.2%59.3%
Rank within sector128 / 86589 / 862417 / 861122 / 843107 / 80534 / 756
Quartile1st1st2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.3%11.6%-1.4%30.1%28.8%
Sector5.6%4.4%0.6%24.2%15.4%
Rank within sector335 / 84383 / 831624 / 806160 / 78558 / 758
Quartile2nd1st4th1st1st
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.
1.25
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.
1.14
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.
0.22
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%.
12.2
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.
5.48
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.
0.3
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.
0.81
Price movement
52 week high202.5
52 week low156
Current bid price198.3
Current offer price208.7
Current mid price-
Region
1UK84.33%
2USA13.99%
3Austria2.53%
4Germany1.43%
5Ireland1.42%
6Denmark1.29%
7Brazil0.32%
8Sweden0.29%
9Hong Kong0.22%
Industry sector
1Financials35.1%
2Industrials28%
3Oil & Gas9.4%
4Consumer Services7.7%
5Technology7.6%
6Health Care5.8%
7Consumer Goods3.9%
8Basic Materials3%
9Telecommunications2.7%
Asset type
1UK Equities84.33%
2US Equities13.99%
3Austrian Equities2.53%
4German Equities1.43%
5Irish Equities1.42%
6Danish Equities1.29%
7Brazilian Equities0.32%
8Swedish Equities0.29%
9Hong Kong Equities0.22%
Individual holdings
1ROYAL DUTCH SHELL7.08%
2CRH5.68%
3CITIGROUP INC5.48%
4ROYAL MAIL PLC3.61%
5SHIRE PLC3.5%
6HOMESERVE3.41%
7ULTRA ELECTRONICS HLDGS3.3%
8LADBROKES CORAL GROUP PLC2.93%
9LIVANOVA PLC2.8%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Fidelity Special Situations fund invests solely in the Fidelity Special Situations fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited. The underlying fund seeks to achieve long term capital growth from a portfolio primarily made up of the shares of UK companies. The underlying fund will have a blend of investments in larger, medium and smaller sized companies.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.Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units.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
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Alex Wright01/01/2014Alex Wright has over 14 years of investment experience in UK and European equity markets. He joined Fidelity in 2001 as a research analyst and has covered a number of sectors across the market capitalisation spectrum. He has managed the Fidelity Special Situations Fund since January 2014 and has been portfolio manager of the Fidelity UK Smaller Companies Fund since its launch in February 2008. He has also been responsible for managing Fidelity Special Values PLC since September 2012. Alex has a BSc (Economics) from Warwick University, where he graduated with First Class Honours, and he is also a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity Special Situations Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.33%
Bid price198.3
Offer price208.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE182
OMW Fidelity Special Situations SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price225.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE181
Data provided by

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