Fact sheet: OMW HSBC Corporate Bond

Fund information
Fund name
OMW HSBC Corporate Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Mohamed Imtiaz Siddeeqsince 30/04/2012
Underlying fund
HSBC Corporate Bond
Fund objective
The fund seeks to provide a regular and competitive level of income from an underlying portfolio of predominantly Sterling Corporate Bonds. The fund will invest predominantly in corporate bonds and other fixed interest securities. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes. The Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes. However, where derivatives are used for the purposes of meeting the investment objective of the fund it is not intended that the use of derivatives would raise the overall risk profile of the fund.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12%
1 Year rank in sector
45/261
Sector
PN Sterling Corporate Bond
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.
47
Bid price
171
Offer price
179.9
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP19.4%
OMW IPL L&G AAA CrpBdOv15YIx Pn15.6%
M&G PP All Stock Corporate Bond Pn15.6%
Zurich M&G All StCor Bd15.4%
L&G PMC AAAAAA CpBd Ov15Y Id Pn14.8%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK43.4%
    USA13%
    France9.7%
    Netherlands9%
    Not Specified5.1%
  • Fixed Interest96%
    Others2%
    Mutual Funds1.3%
    Cash & Cash Equivalents0.7%
  • UK Fixed Interest43.4%
    US Fixed Interest13%
    French Fixed Interest9.7%
    Dutch Fixed Interest9%
    Global Fixed Interest5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1.8%-4.5%12%19.2%36.1%
Sector0.3%1.8%-3%10.2%19.3%36.9%
Rank within sector204 / 265138 / 264248 / 26545 / 261117 / 235117 / 214
Quartile4th3rd4th1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%10.2%-0.1%10.6%0.2%
Sector0.2%9.4%0.2%10.5%1%
Rank within sector218 / 26583 / 260169 / 246121 / 235168 / 226
Quartile4th2nd3rd3rd3rd
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.
-0.99
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.
1.18
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.
0.33
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%.
6.45
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.
1.67
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.
-0.03
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.
0.95
Price movement
52 week high179.4
52 week low152.6
Current bid price171
Current offer price179.9
Current mid price-
Region
1UK43.43%
2USA12.98%
3France9.66%
4Netherlands8.99%
5Not Specified5.07%
6Mexico2.68%
7Australia2.57%
8Ireland2.47%
9Italy2.37%
Industry sector
1Fixed Interest95.98%
2Others2.04%
3Mutual Funds1.27%
4Cash & Cash Equivalents0.71%
Asset type
1UK Fixed Interest43.43%
2US Fixed Interest12.98%
3French Fixed Interest9.66%
4Dutch Fixed Interest8.99%
5Global Fixed Interest5.07%
6Mexican Fixed Interest2.68%
7Australian Fixed Interest2.57%
8Irish Fixed Interest2.47%
9Italian Fixed Interest2.37%
Individual holdings
1TREASURY 4.5% GILT 7/9/2034 GBP0.011.53%
2FIDIS RETAIL FIN SERV 1.625 9/29/20211.04%
3THAMES WATER UTILITIES CAYMAN FIN 4% GTD UNWRAPPED BDS 19/06/25 GBP1000001.04%
4TREASURY 3.5% GILT 22/01/45 GBP1.04%
5E.ON AG 6.375 6/7/20321.02%
6THAMES WATER UTILITIES CAYMAN FIN 7.738% BDS 09/04/58 GBP1000000.86%
7CITIGROUP INC 5.125% BDS 12/12/18 GBP10000.85%
8BG ENERGY CAPITAL PLC 6.500 11/30/20170.83%
9TREASURY 2% GILT 07/09/25 GBP0.010.83%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The fund seeks to provide a regular and competitive level of income from an underlying portfolio of predominantly Sterling Corporate Bonds. The fund will invest predominantly in corporate bonds and other fixed interest securities. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes. The Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes. However, where derivatives are used for the purposes of meeting the investment objective of the fund it is not intended that the use of derivatives would raise the overall risk profile of the fund.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mohamed Imtiaz Siddeeq30/04/2012Mohamed Siddeeq is a fund manager in the London fixed income team and started working in the industry in 1986 with the HSBC group. During his time with the group he has set up businesses in Asian fixed income and credit derivatives European high yield and managed investments on behalf of the HSBC balance sheet and Structured Investment Vehicles. Prior to re-joining the firm in 2009 Mohamed worked for RAB Capital managing an Asian fixed income fund. He holds BSc in Physics from the University of Bristol and the Investment Management Certificate.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW HSBC Corporate Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.84%
Bid price171
Offer price179.9
Mid price-
CurrencyGBX
Price updated17/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeYI14
OMW HSBC Corporate Bond SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price200.6
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX96
Data provided by

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