Fact sheet: OMW Fulcrum Alt Beta Pl Dly

Fund information
Fund name
OMW Fulcrum Alternative Beta Plus Daily Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Fulcrum Investment Teamsince 01/03/2009
Underlying fund
Fulcrum Alt Bet Pl Dly
Fund objective
The OMW Fulcrum Alternative Beta Plus Daily Fund invests solely in the Fulcrum Alternative Beta Plus Daily Fund, a sub fund of Fulcrum UCITS III SICAV, a Luxembourg domiciled SICAV, managed by Fulcrum Asset Management LLP. The aim of the underlying fund seeks to deliver returns form diversified liquid risk premia and trading strategies which have a low correlation to the traditional asset classes of equities, bonds and commodities indices. 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 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. The underlying fund invests in unregulated Collective Investment Schemes, such as unregulated open ended investment companies (OEICs), unregulated unit trusts and hedge funds , which may involve a higher degree of risk. Unregulated Collective Investment schemes are not regulated by the Financial Conduct Authority and may not provide the same level of investor protection as regulated schemes. These schemes can be illiquid and can increase the risk of the fund price being more volatile. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-3.1%
1 Year rank in sector
465/510
Sector
PN Specialist
Yield
-
Fund size
£0m (£0m 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.
63
Bid price
88.3
Offer price
92.9
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Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Fixed Interest88%
    Commodity & Energy20%
    Money Market4%
    International Equities3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.3%-3.1%-0.1%-3.1%-5%-13.7%
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector471 / 546479 / 544457 / 531465 / 510373 / 386312 / 313
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.7%-9.6%6.3%-4.3%-2.3%
Sector8.9%2%7.2%11%7.7%
Rank within sector464 / 514446 / 450174 / 388350 / 357317 / 318
Quartile4th4th2nd4th4th
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.
-2.8
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.
0.37
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
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%.
6.04
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.
6.69
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.
-1.02
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.
0.13
Price movement
52 week high93.4
52 week low87
Current bid price88.3
Current offer price92.9
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest88%
2Commodity & Energy20%
3Money Market4%
4International Equities3%
Individual holdings
No data available.
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Fulcrum Alternative Beta Plus Daily Fund invests solely in the Fulcrum Alternative Beta Plus Daily Fund, a sub fund of Fulcrum UCITS III SICAV, a Luxembourg domiciled SICAV, managed by Fulcrum Asset Management LLP. The aim of the underlying fund seeks to deliver returns form diversified liquid risk premia and trading strategies which have a low correlation to the traditional asset classes of equities, bonds and commodities indices. 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 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. The underlying fund invests in unregulated Collective Investment Schemes, such as unregulated open ended investment companies (OEICs), unregulated unit trusts and hedge funds , which may involve a higher degree of risk. Unregulated Collective Investment schemes are not regulated by the Financial Conduct Authority and may not provide the same level of investor protection as regulated schemes. These schemes can be illiquid and can increase the risk of the fund price being more volatile. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Fulcrum Investment Team01/03/2009
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fulcrum Alternative Beta Plus Daily Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.02%
Bid price88.3
Offer price92.9
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4N6
OMW Fulcrum Alternative Beta Plus Daily SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.02%
Bid price-
Offer price-
Mid price98.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4N7
Data provided by

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