Fact sheet: OMW Hndrsn All Stocks Crdt

Fund information
Fund name
OMW Henderson All Stocks Credit Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Philip Paynesince 30/04/2007
Underlying fund
Henderson All Stks Crd
Fund objective
The OMW Henderson All Stocks Credit fund invests solely in the Henderson All Stocks Credit fund, a sub-fund of Henderson UK & Europe Funds, a UK-authorised Open-Ended Investment Company managed by Henderson Investment Funds Limited. The aim of the underlying fund is to provide a return by investing primarily in sterling denominated investment grade corporate bonds. The underlying fund may invest in other transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. 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 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. 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. 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
  • iBoxx GBP Non - Gilt
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
6.3%
1 Year rank in sector
147/259
Sector
PN Sterling Corporate Bond
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.
45
Bid price
125.2
Offer price
131.7
Top in this sector
Fund name1 Year
AEGON Long Core Plus Pn13.4%
MetLife Fid Corp Bd 20yr Pn12.3%
L&G PMC AAAAAA CpBd Ov15Y Id Pn11.3%
OMW IPL L&G AAA CrpBdOv15YIx Pn11.3%
FL TEActv Bln Bd IE11.1%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK96.3%
    Money Market3.7%
  • Financials29.6%
    Utilities16.5%
    Government Bonds11.9%
    Mortgage & Secured Bonds7.7%
    Consumer Services6.8%
  • UK Fixed Interest96.3%
    Money Market3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-5.7%3.8%6.3%17%31.5%
Sector-1.4%-5.1%3.2%6.5%18.1%39.4%
Rank within sector84 / 264206 / 26476 / 264147 / 259143 / 234194 / 209
Quartile2nd4th2nd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund7.5%-0.6%10.6%-0.9%11.1%
Sector7.4%0.2%10.5%1%13.5%
Rank within sector130 / 259206 / 245123 / 234211 / 225179 / 209
Quartile3rd4th3rd4th4th
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.
-1.33
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.
1.14
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.
0.28
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%.
6.09
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.
1
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.
-0.58
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.
0.99
Price movement
52 week high133
52 week low115.7
Current bid price125.2
Current offer price131.7
Current mid price-
Region
1UK96.3%
2Money Market3.7%
Industry sector
1Financials29.6%
2Utilities16.5%
3Government Bonds11.9%
4Mortgage & Secured Bonds7.7%
5Consumer Services6.8%
6Telecommunications6.4%
7Consumer Goods5.7%
8Others5.1%
9Industrials3.7%
Asset type
1UK Fixed Interest96.3%
2Money Market3.7%
Individual holdings
1TREASURY 4.5% GILT 7/12/42 GBP1.5%
2NETWORK RAIL INFRASTRUCTURE FINANCE 4.375% NTS 09/12/30 GBP500001.1%
3TREASURY 4.5% GILT 7/9/2034 GBP0.010.9%
4SANTANDER UK 1.875% 20200.8%
5UK(GOVT OF) 4.25% STK 00.8%
6WAL-MART STORES INC 5.625% BDS 27/03/34 GBP10000.8%
7DEUTSCHE TELEKOM INTL FINANCE B.V. 6.5% EMTN 08/04/22 GBP20000.7%
8KFW 5.75% 20320.7%
9LCR FINANCE 4.5% GTD BDS 2028 GBP1000 `144A` (BR)0.7%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Henderson All Stocks Credit fund invests solely in the Henderson All Stocks Credit fund, a sub-fund of Henderson UK & Europe Funds, a UK-authorised Open-Ended Investment Company managed by Henderson Investment Funds Limited. The aim of the underlying fund is to provide a return by investing primarily in sterling denominated investment grade corporate bonds. The underlying fund may invest in other transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. 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 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. 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. 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
  • iBoxx GBP Non - Gilt
Investment style
No data available.
Investment method
None
Fund manager
NameSinceBiography
Philip Payne30/04/2007Philip Payne began his career at Henderson Global Investors in 2000; he progressed to Fund Manager in 2003 and is now the manager of the Henderson All stocks Credit and Long Dated Credit Funds. Phillip graduated from Nottingham Trent University with a BA (Hons) in Financial Services is a CFA Charterholder.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Henderson All Stocks Credit Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.89%
Bid price125.2
Offer price131.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07OV
OMW Henderson All Stocks Credit SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price137
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07OW
Data provided by

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