Fact sheet: OMW HSBC Gbl Strategy Bal Pfl

Fund information
Fund name
OMW HSBC Global Strategy Balanced Portfolio Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Caroline Margaret Hitchsince 16/10/2011
  • Jim Dunsfordsince 01/01/2016
  • Beverley Jane Daviessince 16/10/2011
Underlying fund
HSBC Gbl Strat Bal Pfl
Fund objective
The OMW HSBC Global Strategy Balanced Portfolio Fund invests solely in the HSBC Global Strategy Balanced Portfolio Fund, a sub fund of HSBC Open Funds, a UK authorised Open Ended Investment company managed by HSBC Global Asset Management (UK) Limited. The underlying fund aims to provide capital growth through investment in a broad range of asset classes across global markets, primarily in collective investment schemes and exchange traded funds that aim to match the returns of market 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/Euro/Norwegian Krona. 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. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Balanced,Growth
Investment method
Equity, Fixed Interest, Property
Quick stats
1 Year return
15.2%
1 Year rank in sector
168/796
Sector
PN Mixed Investment 40%-85% Shares
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.
65
Bid price
137
Offer price
144.2
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified35.1%
    USA26.8%
    Europe10.1%
    Global Emerging Markets6.3%
    Japan6.1%
  • No data available.
  • Global Corporate Fixed Interest30.1%
    US Equities26.8%
    European Equities10.1%
    Global Emerging Market Equities6.3%
    Japanese Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.7%11.3%15.2%28.2%-
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector368 / 913385 / 912180 / 894168 / 79696 / 692-
Quartile2nd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund14.9%1.2%8.7%8.5%-
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector145 / 800572 / 75343 / 692609 / 661-
Quartile1st4th1st4th
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.
1.14
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.
1.07
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.
0.58
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%.
7.9
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.
2.2
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.
0.7
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.
0.92
Price movement
52 week high140.3
52 week low110.8
Current bid price137
Current offer price144.2
Current mid price-
Region
1Not Specified35.1%
2USA26.8%
3Europe10.1%
4Global Emerging Markets6.3%
5Japan6.1%
6International6%
7Money Market4%
8UK3.5%
9Pacific ex-Japan2.1%
Industry sector
No data available.
Asset type
1Global Corporate Fixed Interest30.1%
2US Equities26.8%
3European Equities10.1%
4Global Emerging Market Equities6.3%
5Japanese Equities6.1%
6Global Government Fixed Interest6%
7Property5%
8Money Market4%
9UK Equities3.5%
Individual holdings
1HSBC CORPORATE BOND RET INC30%
2HSBC AMERICAN INDEX26.8%
3HSBC EUROPEAN INDEX10.1%
4ISHARES CORE MSCI EMERGING MARKETS6.3%
5HSBC JAPAN INDEX6.1%
6HSBC FTSE EPRA/NAREIT DEVELOPED ETF5%
7HSBC FTSE ALL-SHARE3.5%
8ISHARES CORE MSCI PACIFIC EX JAPAN2.1%
9UNITED STATES OF AMER TREAS NOTES 2.75% TB 15/02/24 USD10001.4%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW HSBC Global Strategy Balanced Portfolio Fund invests solely in the HSBC Global Strategy Balanced Portfolio Fund, a sub fund of HSBC Open Funds, a UK authorised Open Ended Investment company managed by HSBC Global Asset Management (UK) Limited. The underlying fund aims to provide capital growth through investment in a broad range of asset classes across global markets, primarily in collective investment schemes and exchange traded funds that aim to match the returns of market 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/Euro/Norwegian Krona. 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. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Balanced,Growth
Investment method
Equity, Fixed Interest, Property
Fund managers
NameSinceBiography
Caroline Margaret Hitch16/10/2011Caroline is Head of Wealth Portfolio Management - Retail for the London based UK Wealth team. She is responsible for a wide range of investment activities focussed on developing managing and reporting on the department's retail multi asset products including the flagship World Selection portfolios. Caroline re-joined HSBC in 2005 and has many years of investment experience gained through portfolio management for both institutional and retail clients and has also run a number of change management projects related to optimising investment processes. After graduating from Cambridge University with a degree in Economics Caroline joined James Capel & Co in London. Subsequently she has lived and worked in a number of other locations including the Channel Islands and Hong Kong and has been extensively involved with the activities of the investment teams in Europe and North America. Her career includes 10 years managing specialist fixed interest portfolios for central banks and other institutional clients.
Jim Dunsford01/01/2016
Beverley Jane Davies16/10/2011Jane is a Senior Portfolio Manager and has been managing the World Selection Portfolios and World Index Portfolio ranges since launch. She has been extensively involved in the development of the investment approach used to manage HSBC’s Multi-Asset and Wealth products. Jane has 17 years portfolio management experience with HSBC Group focusing on multi-asset portfolio management and asset allocation. Her previous roles include Head of Global Investment Solutions with responsibility for developing and structuring investment solutions for clients globally including strategic asset allocation modelling and portfolio construction. Prior to that Jane was Head of Multimanager for the UK and Middle East. She joined the Multimanager team at its inception and played a key role in developing both the manager selection process and the portfolio construction process. Prior to that Jane worked within the Tactical Investment Unit of HSBC Global Asset Management focusing on tactical asset allocation and derivatives after being a tutor in Statistical Research Methods with the Institute of Public Administration and Management MBA programme. She joined the asset management industry in 1998.Jane is a qualified Chartered Financial Analyst (CFA) holds the Investment Management Certificate (FSA UK) is a Member of the Society of Technical Analysts (MSTA) and holds a First Class BSc (Hons.) degree in Psychology and Philosophy (University of Leeds).
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW HSBC Global Strategy Balanced Portfolio Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.42%
Bid price137
Offer price144.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG78A
OMW HSBC Global Strategy Balanced Portfolio SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.42%
Bid price-
Offer price-
Mid price149.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG78B
Data provided by

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