Fact sheet: OMW Henderson MM Active

Fund information
Fund name
OMW Henderson Multi-Manager Active Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Helen Bradshawsince 01/02/2017
  • Paul O'Connorsince 01/02/2017
  • Chris Forgansince 01/02/2017
  • Nick Watsonsince 01/02/2017
Underlying fund
Henderson Multi-Mgr Active
Fund objective
The OMW Henderson Multi Manager Active Fund invests solely in the Henderson Multi Manager Active Fund, a sub fund of Henderson Portfolio Investment OEIC, a UK authorised Open Ended Investment Company, managed by Henderson Investment Funds Limited. The aim of the underlying investment is to achieve capital growth by investing in markets in both the UK and overseas. 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. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations. 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. 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
  • IA Flexible Investment
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
20.5%
1 Year rank in sector
249/398
Sector
PN Flexible Investment
Yield
-
Fund size
£5m (£4m 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.
71
Bid price
197.2
Offer price
207.5
Top in this sector
Fund name1 Year
Baillie Gifford International PP42.6%
Scot Eq UBS Stockmkt Mgd Pn38.2%
OMW IPL F&CUK EqLkd GiltPn38%
Aviva Variable Annuity CU Pn36.8%
FL Spicers Adventurous Pn35.6%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK18.8%
    North America18.6%
    Money Market12.1%
    Asia Pacific ex Japan11.3%
    Europe ex UK10.8%
  • Equities81.6%
    Money Market11.4%
    Commodity & Energy5%
    Fixed Interest2%
  • UK Equities18.8%
    North American Equities18.6%
    Money Market12.1%
    Asia Pacific ex Japan Equities11.3%
    Europe ex UK Equities10.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%0.9%6.7%20.5%28.1%69.3%
Sector1.3%1.6%6.8%17.9%28.4%63.8%
Rank within sector326 / 444335 / 443280 / 421249 / 398225 / 316161 / 260
Quartile3rd4th3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund4.1%16.3%2.3%2.8%21%
Sector3.7%14.2%2.5%6.7%14.8%
Rank within sector243 / 424171 / 384188 / 329281 / 30656 / 267
Quartile3rd2nd3rd4th1st
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.
-1.92
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.
1.23
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.
0.59
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%.
8.58
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.
2.69
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.
-0.04
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.
0.93
Price movement
52 week high199.5
52 week low162.2
Current bid price197.2
Current offer price207.5
Current mid price-
Region
1UK18.81%
2North America18.64%
3Money Market12.09%
4Asia Pacific ex Japan11.25%
5Europe ex UK10.78%
6Not Specified9.27%
7Japan8.07%
8Global Emerging Markets6.91%
9International4.17%
Industry sector
1Equities81.61%
2Money Market11.37%
3Commodity & Energy5.02%
4Fixed Interest2%
Asset type
1UK Equities18.81%
2North American Equities18.64%
3Money Market12.09%
4Asia Pacific ex Japan Equities11.25%
5Europe ex UK Equities10.78%
6Japanese Equities8.07%
7International Equities7.48%
8Global Emerging Market Equities6.91%
9Commodity & Energy4.96%
Individual holdings
1FINDLAY PARK AMERICAN (F ACC USD)6.91%
2HERMES ASIA EX-JAPAN EQUITY C ACC GBP5.21%
3JO HAMBRO UK OPPORTUNITIES (R ACC GBP)5.18%
4HENDERSON EUROPEAN GROWTH A ACC4.49%
5BLACKROCK EUROPEAN DYNAMIC FUND FA ACC GBP4.43%
6CULLEN NORTH AMERICAN HIGH DIVIDEND VALUE EQUITY B INC USD4.23%
7HENDERSON GARTMORE EMERGING MARKETS FUND R$ ACC4.21%
8FIDELITY AMERICAN SPECIAL SITUATIONS W ACC GBP4.18%
9MAJEDIE UK EQUITY X ACC GBP4.15%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Henderson Multi Manager Active Fund invests solely in the Henderson Multi Manager Active Fund, a sub fund of Henderson Portfolio Investment OEIC, a UK authorised Open Ended Investment Company, managed by Henderson Investment Funds Limited. The aim of the underlying investment is to achieve capital growth by investing in markets in both the UK and overseas. 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. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations. 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. 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
  • IA Flexible Investment
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Helen Bradshaw01/02/2017Helen Bradshaw joined the Multi-Asset team in 2006 as a Trainee Fund of Funds Manager. She joined from Henderson’s product management team, where she had a particular focus on the Horizon and hedge fund ranges. In 2011 Helen became a Fund Manager. Helen holds a LLB Law degree from Exeter University, the LPC from the College of Law, Guildford and the Investment Management Certificate.
Paul O'Connor01/02/2017Paul O'Connor joined the Multi-Asset team in 2013 from Mercer, where he was Head of Asset Allocation (EMEA), responsible for asset allocation across all client portfolios in the region. He was also the lead manager on the Mercer Diversified Growth Fund. He joined Henderson to focus on asset allocation in the Multi-Asset team, with a particular focus on the Diversified Growth funds.
Chris Forgan01/02/2017Chris Forgan joined Henderson in 2005 from First State Investments where he was a Senior Performance Analyst covering areas such as performance attribution, risk analysis and portfolio analytics. Chris became a Fund Manager in 2010. Chris holds a BA (Hons) in Business & Marketing from the University of Northumbria and the Investment Management Certificate.
Nick Watson01/02/2017Nick Watson joined Henderson in 2007 as a Graduate Trainee. This involved a rotational programme across Global SRI Equities, Global Fixed Income Hedge Fund and Product and Business Support. In 2009, Nick became a Research and Insight Manager for the Product team and was responsible for identifying market trends and new product ideas. This included involvement in Henderson’s acquisitions of New Star and Gartmore. In July 2012, Nick became a Trainee Fund Manager for the Multi Asset team and is now a Fund Manager. Prior to joining Henderson, he worked in a back office data administration role for Fidelity International. Nick graduated with an honours degree from the University of Exeter in Economics. He also holds the Investment Management Certificate. He is also a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Henderson Multi-Manager Active Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.97%
Bid price197.2
Offer price207.5
Mid price-
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXE51
OMW Henderson Multi-Manager Active SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.97%
Bid price-
Offer price-
Mid price227.5
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXE52
Data provided by

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