Fact sheet: OMW Henderson Global Tech

Fund information
Fund name
OMW Henderson Global Tech Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Richard Clodesince 01/11/2014
  • Stuart O'Gormansince 01/01/2001
Underlying fund
Henderson Global Technology
Fund objective
The OMW Henderson Global Technology Fund invests solely in the Henderson Global Technology Fund, a sub fund of Henderson Global Funds ICVC, a UK authorised Open Ended Investment Company managed by Henderson Investment Funds Limited. The aim of the underlying fund is to provide capital growth by investing in companies worldwide that derive, or are expected to derive, profits from technology. 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. 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
Growth
Investment method
Shares
Quick stats
1 Year return
51.1%
1 Year rank in sector
11/531
Sector
PN Specialist
Yield
-
Fund size
£37m (£28m 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.
115
Bid price
822.5
Offer price
865.7
Top in this sector
Fund name1 Year
Scot Eq Technology Pn60.8%
FL AXA Framlington Gbl Tech AP56.2%
SIP Fidelity Gbl Technology Pn55.7%
Zurich AXAFramGblTechPn55.2%
FL AXA Fram Gbl Tech EP54.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • USA79.6%
    China7.9%
    Korea4.8%
    Money Market3.1%
    Finland1.6%
  • Internet32.4%
    Software16.9%
    Hardware16%
    Semi Conductors11.9%
    Information Technology10.9%
  • US Equities79.6%
    Chinese Equities7.9%
    South Korean Equities4.8%
    Money Market3.1%
    Finnish Equities1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.9%6.5%17.5%51.1%89.5%134.3%
Sector1.5%1.8%6%15.3%25.5%50%
Rank within sector10 / 55414 / 5545 / 54911 / 53111 / 39519 / 333
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund15.5%25.8%9.4%17.6%22.1%
Sector3.8%11.6%2%7.2%11%
Rank within sector10 / 55060 / 51433 / 44938 / 38752 / 360
Quartile1st1st1st1st1st
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.
5.77
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.
2.11
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.
1.32
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%.
14.7
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.
10.05
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.
1.4
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.
0.72
Price movement
52 week high828.3
52 week low537.1
Current bid price822.5
Current offer price865.7
Current mid price-
Region
1USA79.6%
2China7.9%
3Korea4.8%
4Money Market3.1%
5Finland1.6%
6UK0.9%
7France0.8%
8Russia0.7%
9Netherlands0.5%
Industry sector
1Internet32.4%
2Software16.9%
3Hardware16%
4Semi Conductors11.9%
5Information Technology10.9%
6Communications Equipment5.2%
7Electronic & Electrical Equipment3.6%
8Money Market3.1%
Asset type
1US Equities79.6%
2Chinese Equities7.9%
3South Korean Equities4.8%
4Money Market3.1%
5Finnish Equities1.6%
6UK Equities0.9%
7French Equities0.8%
8Russian Equities0.7%
9Dutch Equities0.5%
Individual holdings
1ALPHABET INC9.5%
2APPLE INC8.7%
3FACEBOOK INC7.3%
4MICROSOFT CORP5.9%
5SAMSUNG ELECTRONICS CO4.3%
6VISA INC3.9%
7TENCENT HLDGS LTD3.8%
8ALIBABA GROUP HLDG LTD3.7%
9CISCO SYSTEMS INC3.4%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Henderson Global Technology Fund invests solely in the Henderson Global Technology Fund, a sub fund of Henderson Global Funds ICVC, a UK authorised Open Ended Investment Company managed by Henderson Investment Funds Limited. The aim of the underlying fund is to provide capital growth by investing in companies worldwide that derive, or are expected to derive, profits from technology. 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. 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
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Richard Clode01/11/2014Richard Clode joined Henderson in 2014 as a portfolio manager in the Global Technology team. Richard’s career began in 2003 in the technology sector at Herald Investment Management where he was a portfolio manager. Richard then worked at Gartmore, Moore Capital and Pioneer Investments as a technology analyst in emerging markets. Richard graduated in 2003 from the University of Oxford with a first class honours degree in Modern History. He is a CFA charterholder.
Stuart O'Gorman01/01/2001Stuart O’Gorman is Director of Technology Equities at Henderson. He and his team manage global technology funds. Stuart has been a Director at Henderson since joining in 2001 and has 19 years of investment experience. Prior to joining Henderson, Stuart worked as a specialist technology manager at Scottish Equitable Asset Management (now known as Aegon UK). He holds a Masters degree in Financial Economics and a Diploma in Investment Analysis from the Universities of Dundee and Stirling respectively. Stuart is also an Associate Member of the Society of Investment Professionals (ASIP).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Henderson Global Tech Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.33%
Bid price822.5
Offer price865.7
Mid price-
CurrencyGBX
Price updated24/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS379
OMW Henderson Global Tech SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price1042.3
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX84
Data provided by

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