Fact sheet: OMW HendInstJpnIndxOpp

Fund information
Fund name
OMW Henderson Institutional Japan Index Opportunities Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Henderson Multi Strategy Equities Teamsince 01/01/2013
Underlying fund
Henderson Inst JpnIdxOp
Fund objective
The OMW Henderson Institutional Japan Index Opportunities fund invests solely in the Henderson Institutional Japan Index Opportunities fund, a sub fund of Henderson Strategic Investment Funds, a UK authorised Open Ended Investment Company managed by Henderson Investment Funds Limited. The underlying fund aims to deliver a return in excess of the FTSE customised Japan Index, the “reference index”, (or such other index as may from time to time replace it) before management fees, while carefully controlling deviation from the reference index, by investing primarily in shares of Japanese companies included in the reference index. 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. 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
  • FTSE World Japan (net)
Investment style
Active,Growth
Investment method
Shares
Quick stats
1 Year return
21.6%
1 Year rank in sector
162/189
Sector
PN Japan
Yield
-
Fund size
£2m (£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.
126
Bid price
157.3
Offer price
165.5
Top in this sector
Fund name1 Year
Zurich Inv PerpJapnseSmCosPn39.4%
OMW M&G Japan Smaller Cos38.9%
OMW InvescoPerpetaulJpnSlCos38.8%
SIP Inv Prp Jpnse Sm Cos Pn38.6%
FL GM Japnse Eq Pn37.7%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan100%
  • Consumer Goods25.1%
    Industrials21.4%
    Financials15.5%
    Consumer Services11%
    Health Care7.6%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%5.1%22.6%21.6%38.8%67%
Sector-0%6.6%22.1%24.1%46.2%85.8%
Rank within sector143 / 195144 / 19395 / 192162 / 189152 / 180159 / 168
Quartile3rd3rd2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund19.7%13.4%0.8%21.1%3.7%
Sector22.2%15.7%1.5%26.2%4%
Rank within sector150 / 189161 / 187122 / 180146 / 177101 / 168
Quartile4th4th3rd4th3rd
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.
-2.51
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.
1.09
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.
0.53
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%.
14.25
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.
2.99
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.
-0.52
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.
0.96
Price movement
52 week high164.8
52 week low110.1
Current bid price157.3
Current offer price165.5
Current mid price-
Region
1Japan100%
Industry sector
1Consumer Goods25.1%
2Industrials21.4%
3Financials15.5%
4Consumer Services11%
5Health Care7.6%
6Basic Materials6%
7Telecommunications4.8%
8Technology4.7%
9Utilities2.1%
Asset type
1Japanese Equities100%
Individual holdings
1TOYOTA MOTOR CORP4.8%
2MITSUBISHI UFJ FINANCIAL GROUP2.1%
3KDDI CORP1.7%
4SOFTBANK GROUP CORP1.7%
5HONDA MOTOR CO1.6%
6JAPAN TOBACCO INC1.4%
7SUMITOMO MITSUI FINANCIAL GROUP INC1.4%
8MIZUHO FINANCIAL GROUP1.3%
9SONY CORP1.2%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Henderson Institutional Japan Index Opportunities fund invests solely in the Henderson Institutional Japan Index Opportunities fund, a sub fund of Henderson Strategic Investment Funds, a UK authorised Open Ended Investment Company managed by Henderson Investment Funds Limited. The underlying fund aims to deliver a return in excess of the FTSE customised Japan Index, the “reference index”, (or such other index as may from time to time replace it) before management fees, while carefully controlling deviation from the reference index, by investing primarily in shares of Japanese companies included in the reference index. 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. 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
  • FTSE World Japan (net)
Investment style
Active,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Henderson Multi Strategy Equities Team01/01/2013Henderson Multi Strategy Team is responsible for Henderson's proprietary multi strategy process and index funds. This team consists of nine investment professionals, located in London and Singapore, with a combined total of over 100 years of experience.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Henderson Institutional Japan Index Opportunities Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.62%
Bid price157.3
Offer price165.5
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07P1
OMW Henderson Institutional Japan Index Opportunities SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price172.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07P2
Data provided by

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