Fact sheet: OMW IPL CF Ruffer Abs Rtn Pn

Fund information
Fund name
OMW IPL CF Ruffer Absolute Return Pn
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund managers
  • Steve Russellsince 31/01/2006
  • David Ballancesince 01/03/2010
Underlying fund
CF Ruffer Absolute Return
Fund objective
The fund aims to achieve low volatility and positive returns in all market conditions from an actively managed portfolio of equities or equity related securities (including convertibles), corporate and government bonds and currencies. Capital invested is at risk and there is no guarantee that a positive return will be delivered over any one or a number of twelve-month periods. The fund may also invest in collective investment schemes, cash, money market instruments and derivatives and forward transactions. Pervading this objective is a fundamental philosophy of capital preservation. In selecting investments the fund will adopt a stock picking approach and will not adopt any investment weightings by reference to any benchmark.
Benchmark
No data available.
Investment style
Balanced,Absolute Return
Investment method
Convertibles, Equity, Fixed Interest, Money Market
Quick stats
1 Year return
8.8%
1 Year rank in sector
-
Sector
PN Unclassified
Yield
-
Fund size
£0m
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.
49
Top in this sector
Fund name1 Year
Aegon MrcActGbLoVltyEqPn23%
Scot Eq Adventur Core Port Pn19.9%
Scot Eq Advntrs Cr Lf Ptfl Pn19.9%
Scot Eq Gth PlusCr Lf Ptfl Pn18%
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...more in PN Unclassified

Performance snapshot

Holdings snapshot

  • Not Specified33%
    International19%
    Japan15%
    Money Market12%
    UK10%
  • No data available.
  • Global Index Linked42%
    Japanese Equities15%
    Money Market12%
    UK Equities10%
    Commodity & Energy6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%0.2%10.5%8.8%--
Sector0.2%0.2%6.3%9%21.3%46.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund11.3%0.2%---
Sector8.8%2.8%7.2%10.8%9.9%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high1.18
52 week low1
Current bid price-
Current offer price-
Current mid price1.17
Region
1Not Specified33%
2International19%
3Japan15%
4Money Market12%
5UK10%
6North America5%
7Europe4%
8Asia Pacific ex Japan2%
Industry sector
No data available.
Asset type
1Global Index Linked42%
2Japanese Equities15%
3Money Market12%
4UK Equities10%
5Commodity & Energy6%
6North American Equities5%
7European Equities4%
8Alternative Investment Strategies3%
9Asia Pacific ex Japan Equities2%
Individual holdings
1TREASURY 1.875% IDX LKD GILT 22/11/22 GBP4.2%
2US TIPS 1.25% 20204.2%
3TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP3.5%
4TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.013.4%
5US TIPS 0.125% 20222.9%
6BP PLC2%
7MITSUBISHI UFJ FINANCIAL GROUP1.6%
8SUMITOMO MITSUI FINANCIAL GROUP INC1.5%
9LLOYDS BANKING GROUP PLC1.4%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund objective
The fund aims to achieve low volatility and positive returns in all market conditions from an actively managed portfolio of equities or equity related securities (including convertibles), corporate and government bonds and currencies. Capital invested is at risk and there is no guarantee that a positive return will be delivered over any one or a number of twelve-month periods. The fund may also invest in collective investment schemes, cash, money market instruments and derivatives and forward transactions. Pervading this objective is a fundamental philosophy of capital preservation. In selecting investments the fund will adopt a stock picking approach and will not adopt any investment weightings by reference to any benchmark.
Benchmark
No data available.
Investment style
Balanced,Absolute Return
Investment method
Convertibles, Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Steve Russell31/01/2006Steve Russell was graduated from Oxford in PPE and started work as an equity analyst at Confederation Life in 1987, progressing to Head of Equities. In 1999 he moved to HSBC Investment Bank as Head of UK and European Equity Strategy, before joining Ruffer in 2003. He is also co-manager of the Ruffer Investment Company.
David Ballance01/03/2010David Balance was Previously International Equities Head at Rothschild Private Management, he graduated from Oxford and was a Senior Investment Manager at Allied Dunbar, before moving to Threadneedle as Head of European Equities. He joined Ruffer in 2006.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW IPL CF Ruffer Absolute Return Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.1704
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPYS
Data provided by

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