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
  • Stuart O'Gormansince 01/01/2001
  • Richard Clodesince 01/11/2014
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
17.3%
1 Year rank in sector
87/513
Sector
PN Specialist
Yield
-
Fund size
£34m (£30m 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.
114
Bid price
662
Offer price
696.8
Top in this sector
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L&G Nep Russia&Gtr Russia Pn40.7%
Scot Eq JPM Emg Eur Eq Pn36.6%
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Performance snapshot

Holdings snapshot

  • USA79.4%
    China7.4%
    Korea4.5%
    Money Market2.7%
    Finland1.2%
  • Internet29.4%
    Software16.9%
    Hardware14.8%
    Semi Conductors14.7%
    Information Technology12.5%
  • US Equities79.4%
    Chinese Equities7.4%
    South Korean Equities4.5%
    Money Market2.7%
    Finnish Equities1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.4%0.9%16.8%17.3%54.1%97.3%
Sector-0.8%-0.9%5.9%8.3%20.4%40.7%
Rank within sector505 / 54693 / 54525 / 53187 / 51320 / 38629 / 317
Quartile4th1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund16.9%9.4%17.6%22.1%9%
Sector8.3%2%7.2%11%7.7%
Rank within sector87 / 51433 / 45042 / 38853 / 357158 / 318
Quartile1st1st1st1st2nd
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.
3.38
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.
2.2
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.
0.91
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%.
15.17
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.
10.3
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.
1.01
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.
0.75
Price movement
52 week high728.1
52 week low483.2
Current bid price662
Current offer price696.8
Current mid price-
Region
1USA79.4%
2China7.4%
3Korea4.5%
4Money Market2.7%
5Finland1.2%
6Israel1.2%
7UK1.2%
8Netherlands1%
9Japan0.7%
Industry sector
1Internet29.4%
2Software16.9%
3Hardware14.8%
4Semi Conductors14.7%
5Information Technology12.5%
6Communications Equipment6.5%
7Money Market2.7%
8Electronic & Electrical Equipment2.5%
Asset type
1US Equities79.4%
2Chinese Equities7.4%
3South Korean Equities4.5%
4Money Market2.7%
5Finnish Equities1.2%
6Israeli Equities1.2%
7UK Equities1.2%
8Dutch Equities1%
9Japanese Equities0.7%
Individual holdings
1ALPHABET INC9.7%
2APPLE INC8.3%
3FACEBOOK INC6.9%
4MICROSOFT CORP5.9%
5SAMSUNG ELECTRONICS CO4.1%
6VISA INC4.1%
7TENCENT HLDGS LTD3.7%
8CISCO SYSTEMS INC3.6%
9INTEL CORP3.5%
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
Stuart O'Gorman01/01/2001Stuart O'Gorman has been Director of Technology Investment at Henderson Global Investors since 2001, having joined the company the previous year. He is lead manager on the Henderson Horizon Global Technology Fund and Henderson Global Technology OEIC. He is co-manager on the Henderson Global Technology Mutual Fund and Henderson Global Growth Fund. He is also lead manager of a segregated mandate and advises Mr Warmerdam on a technology to a larger, global equity portfolio. He has 16 years' industry experience. Prior to joining Henderson, he spent five years as a specialist technology manager with Scottish Equitable Asset Management (now known as Aegon UK). Stuart holds a Masters degree in Financial Economics and a Diploma in Investment Analysis from the Universities of Dundee and Stirling respectively. He is an Associate Member of the Society of Investment Professionals.
Richard Clode01/11/2014Richard joined Henderson Global Investors in 2014 as a Portfolio Manager for the Technology team. His 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 charter holder.
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 price662
Offer price696.8
Mid price-
CurrencyGBX
Price updated06/12/2016
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 price836
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX84
Data provided by

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