Fact sheet: OMW IPL Jupiter Absolute Rtn Pn

Fund information
Fund name
OMW IPL Jupiter Absolute Return Pn
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund manager
  • James Cluniesince 31/08/2013
Underlying fund
Jupiter Absolute Return
Fund objective
The Fund seeks to generate absolute return, over a 3 year rolling period, independent of market conditions, by investing on a global basis. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be achieved over the 3 year rolling periods or in respect of any other time period. The Fund invests in a global portfolio of equities, equity related securities (including derivatives), cash, near cash, fixed interest securities, currency exchange transactions, index linked securities, money market instruments (MMIs) and deposits. At times the portfolio may be concentrated in any one or a combination of such assets and, as well as holding physical long positions the Manager may create synthetic long and short positions through derivatives.
Benchmark
  • LIBOR GBP 3m
Investment style
Absolute Return
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
-
1 Year rank in sector
427/510
Sector
PN Specialist
Yield
-
Fund size
£0m
Top in this sector
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Performance snapshot

Holdings snapshot

  • UK45.7%
    Japan3.4%
    Ivory Coast2.6%
    Russia2.1%
    Norway1.4%
  • Others35.1%
    Oil & Gas4.3%
    Basic Materials3.7%
    Financials3.3%
    Utilities1.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund------
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector63 / 546223 / 544442 / 531427 / 510--
Quartile1st2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector8.9%2%7.2%11%7.7%
Rank within sector427 / 514320 / 450---
Quartile4th3rd
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
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1UK45.75%
2Japan3.38%
3Ivory Coast2.63%
4Russia2.11%
5Norway1.38%
6Australia1.33%
7Germany0.73%
8Canada0.71%
9Denmark0.28%
Industry sector
1Others35.1%
2Oil & Gas4.29%
3Basic Materials3.72%
4Financials3.32%
5Utilities1.48%
6Telecommunications1.16%
7Health Care-0.18%
8Industrials-0.83%
9Technology-2.39%
Asset type
No data available.
Individual holdings
1TREASURY 1.25% GILT 22/7/18 GBP0.017.05%
2TREASURY 1% GILT 07/09/17 GBP0.016.98%
3TREASURY 1.75% GILT 22/01/17 GBP0.016.96%
4TREASURY 5% GILT 07/03/18 GBP6.71%
5ETFS PHYSICAL GOLD GBP2.63%
6ETFS PHYSICAL GOLD GBP2.63%
7US TREASURY 2% 15/02/232.26%
8BP2.24%
9TREASURY 8 3/4% GILT 20171.69%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund objective
The Fund seeks to generate absolute return, over a 3 year rolling period, independent of market conditions, by investing on a global basis. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be achieved over the 3 year rolling periods or in respect of any other time period. The Fund invests in a global portfolio of equities, equity related securities (including derivatives), cash, near cash, fixed interest securities, currency exchange transactions, index linked securities, money market instruments (MMIs) and deposits. At times the portfolio may be concentrated in any one or a combination of such assets and, as well as holding physical long positions the Manager may create synthetic long and short positions through derivatives.
Benchmark
  • LIBOR GBP 3m
Investment style
Absolute Return
Investment method
Equity, Fixed Interest, Money Market
Fund manager
NameSinceBiography
James Clunie31/08/2013James joined Jupiter in 2013. He is currently Head of Strategy, Absolute Return and manages the Jupiter Absolute Return Fund (Unit Trust) as well as the Jupiter Global Absolute Return fund (SICAV). Before joining Jupiter, James worked at Scottish Widows Investment Partnership as an Investment Director of equities, and managed a long/short equity fund and UK long-only funds. James was a senior lecturer in finance at the University of Edinburgh between 2003 and 2007, prior to which he worked as Head of Global Equities at Aberdeen Asset Management and Director and Head of Asset Allocation at Murray Johnstone International. James gained a degree and PhD from Edinburgh University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW IPL Jupiter 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
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQ0D
Data provided by

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