Fact sheet: OMW IPL Fdl Inst UK CrpBd Pn

Fund information
Fund name
OMW IPL Fidelity Institutional UK Corporate Bond Pn
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund manager
  • Ian Fishwicksince 01/08/2007
Underlying fund
Fidelity Inst UK Lg Crp Bd
Fund objective
Aims to provide income and capital growth. Obtains exposure primarily to non-government bonds at least half of which will have a remaining maturity of at least 10 years. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes.
Benchmark
  • The BofA Merrill Lynch 10+ Year Eurosterling Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.4%
1 Year rank in sector
40/174
Sector
PN Sterling Fixed Interest
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.
34
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn59.8%
OMW IPL F&C Real Dynamic LDI Pn59.3%
OMW IPL LGIM 2055IdxLkdGltPn34.2%
OMW IPL F&C Nominal Dyn LDI Pn33.5%
OMW IPL LGIMOvr15Yr I LGltPn31.5%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK46.7%
    USA22.5%
    France9.8%
    Europe5.2%
    Germany4.3%
  • Investment Grade Bonds47.3%
    Financials23%
    Government Bonds7.9%
    Asset/Mortgage-Backed Securities7.7%
    High Yield Bond5.8%
  • UK Fixed Interest83.9%
    UK Gilts7.9%
    UK Corporate Fixed Interest5.8%
    Money Market1.9%
    Alternative Investment Strategies0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.7%6.8%11.4%--
Sector0.7%2.5%5.4%11.9%26.2%34.8%
Rank within sector19 / 17931 / 17929 / 17640 / 174--
Quartile1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.3%10.5%2.1%--
Sector3%13.1%-1.2%13.9%-1.7%
Rank within sector11 / 17765 / 1733 / 151--
Quartile1st2nd1st
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 low1.06
Current bid price-
Current offer price-
Current mid price1.18
Region
1UK46.71%
2USA22.52%
3France9.77%
4Europe5.15%
5Germany4.26%
6Latin America3.41%
7Switzerland1.58%
8Continental Europe1.46%
9Scandinavia1.4%
Industry sector
1Investment Grade Bonds47.26%
2Financials23.01%
3Government Bonds7.89%
4Asset/Mortgage-Backed Securities7.67%
5High Yield Bond5.77%
6Investment Grade Government Bonds4.83%
7Money Market1.86%
8Others1.14%
9Foreign Exchange0.57%
Asset type
1UK Fixed Interest83.91%
2UK Gilts7.89%
3UK Corporate Fixed Interest5.77%
4Money Market1.86%
5Alternative Investment Strategies0.57%
Individual holdings
1UNITED KINGDOM OF GREAT BRITAIN7.89%
2ELECTRICITE DE FRANCE4.05%
3HSBC HOLDINGS PLC2.95%
4GE CAPITAL UK2.9%
5RABOBANK NEDERLAND2.9%
6LLOYDS TSB BANK PLC2.46%
7APPLE INC2.35%
8GILEAD SCIENCES INC2.35%
9WAL-MART STORES INC2.16%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund objective
Aims to provide income and capital growth. Obtains exposure primarily to non-government bonds at least half of which will have a remaining maturity of at least 10 years. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes.
Benchmark
  • The BofA Merrill Lynch 10+ Year Eurosterling Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Ian Fishwick01/08/2007Ian Fishwick is responsible for managing Fidelity’s sterling bond strategies including separate accounts for institutional investors. Ian has 29 years of investment experience and has worked for Fidelity for the past 9 years. He has been a portfolio manager for over 25 years. Ian has held a range of senior positions within the asset management industry including: Head of UK Fixed Income at Credit Suisse Asset Management, Chief Investment Officer for Sun Life of Canada’s UK asset management business, Head of Fixed Income for Sun Life of Canada, and Portfolio Manager for Confederation Life. He has a Masters Degree in Natural Sciences from Cambridge University and is a Fellow of the Institute of Actuaries.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW IPL Fidelity Institutional UK Corporate Bond 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 price1.176
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0YS
Data provided by

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