Fact sheet: OMW First State Gbl Resource

Fund information
Fund name
OMW First State Global Resources Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Tal Lomnitzersince 30/06/2016
  • Joanne Warnersince 01/12/2006
Underlying fund
First State Gbl Resrcs
Fund objective
The OMW First State Global Resources fund invests solely in the First State Global Resources fund, a sub fund of First State Investments ICVC, a UK authorised OEIC managed by First State Investments (UK) Limited. The underlying fund seeks to achieve long term capital growth. The underlying fund invests in equities in natural resources and energy sectors worldwide. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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 invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. 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. 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
None
Investment method
Shares
Quick stats
1 Year return
84.8%
1 Year rank in sector
25/63
Sector
PN Commodity & Energy
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.
193
Bid price
81.3
Offer price
85.5
Top in this sector
Fund name1 Year
FL JPM Natural Resources Pn104.4%
OMW Old Mtl JPM Natural Res103.5%
Aviva JPM Nat Resources Pn102.8%
FL MyM JPM Natural Res Pn102.5%
SIP JPM Nat Res Pn102.2%
...more in PN Commodity & Energy

Performance snapshot

Holdings snapshot

  • Canada40.4%
    Australia18.2%
    UK12.5%
    USA12.2%
    Brazil4.8%
  • Mineral Extraction32.2%
    Gold16.4%
    Oil & Gas - Integrated8.7%
    Oil & Gas Exploration & Production7.9%
    Other Metals7.5%
  • Commodity & Energy96.5%
    Money Market3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.4%15.3%16.1%84.8%15%-18.5%
Sector2.4%13.8%6.1%70.2%19.4%-20.2%
Rank within sector29 / 6530 / 6525 / 6525 / 6330 / 6211 / 57
Quartile2nd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund12.3%65.3%-30.8%-9.2%-14.8%
Sector9.1%70.6%-24.9%-8.9%-25%
Rank within sector25 / 6550 / 6339 / 6232 / 6216 / 62
Quartile2nd4th3rd3rd2nd
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.
-1.04
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.
0.95
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.
0.04
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%.
26.05
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.
10.53
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.
-0.16
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.
0.84
Price movement
52 week high81.3
52 week low44.4
Current bid price81.3
Current offer price85.5
Current mid price-
Region
1Canada40.4%
2Australia18.2%
3UK12.5%
4USA12.2%
5Brazil4.8%
6Money Market2.6%
7Peru1.9%
8Sweden1.5%
9China1.4%
Industry sector
1Mineral Extraction32.2%
2Gold16.4%
3Oil & Gas - Integrated8.7%
4Oil & Gas Exploration & Production7.9%
5Other Metals7.5%
6Iron & Steel Products6.7%
7Oil & Gas Equipment & Services6.2%
8Coal4.3%
9Precious Metals & Stones3.8%
Asset type
1Commodity & Energy96.5%
2Money Market3.5%
Individual holdings
1BHP BILLITON PLC7.8%
2RIO TINTO6.3%
3GLENCORE PLC5.1%
4VALE S.A. SPONSORED ADR PFD CLASS A4.8%
5EXXON MOBIL CORP3.4%
6CHEVRON CORP2.9%
7FRANCO NEVADA CORP2.8%
8TECK RESOURCES LTD2.8%
9GOLDCORP INC2.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW First State Global Resources fund invests solely in the First State Global Resources fund, a sub fund of First State Investments ICVC, a UK authorised OEIC managed by First State Investments (UK) Limited. The underlying fund seeks to achieve long term capital growth. The underlying fund invests in equities in natural resources and energy sectors worldwide. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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 invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. 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. 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
None
Investment method
Shares
Fund managers
NameSinceBiography
Tal Lomnitzer30/06/2016
Joanne Warner01/12/2006Dr Joanne Warner joined First State Investments as a portfolio manager in August 1997 and became Head of Global Resources in June 2010. Joanne has been primary Portfolio Manager for the First State Global Resources Fund since 2006 as well as all publicly offered Global Resources long funds in Australia, Singapore and Hong Kong.Joanne has more than 13 years’ experience as a specialist Global Resources portfolio manager and analyst. She moved into the financial sector with the London based global mining specialist broker, T Hoare & Co, where she spent two years as an analyst before moving to Equitilink as a Fund Manager in the resources sector.Joanne holds a Bachelor of Applied Science (Applied Chemistry) from the University of Technology, Sydney, where she won the University Medal. She was awarded a Commonwealth Scholarship to study at the University of Oxford where she was awarded a PhD in Solid State Chemistry. In November 2007, she won the Outstanding Achievement Award for Mining Funds Management at the annual Mines and Money Conference, sponsored by the Mining Journal in London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW First State Global Resources Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price81.3
Offer price85.5
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBOX2
OMW First State Global Resources SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price91.4
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBOX3
Data provided by

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