Fact sheet: OMW Investec UK Special Sits

Fund information
Fund name
OMW Investec UK Special Sits Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Alastair Mundysince 31/07/2002
Underlying fund
Investec UK Special Sits
Fund objective
The OMW Investec UK Special Situations fund invests solely in the Investec UK Special Situations fund, a sub fund of Investec Funds Series i, a UK authorised Open Ended Investment Company, managed by Investec Fund Managers Limited. The aim of the underlying fund is to provide a combination of income and long term capital growth, primarily through application of a contrarian approach to investment in UK equities and in derivatives the underlying assets of which are UK equities. 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 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. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. 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
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
9.6%
1 Year rank in sector
136/843
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£5m 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.
109
Bid price
204.1
Offer price
214.8
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn41.9%
Countrywide Equity Pn21.2%
OMW Schroder Recovery20.7%
Royal London Schroders Recovery Pn20.5%
Fidelity UBS UK Select Pn20%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK95.6%
    Money Market4.4%
  • Financials27.6%
    Consumer Services19.5%
    Industrials15%
    Oil & Gas9.4%
    Health Care7.8%
  • UK Equities91%
    UK Fixed Interest4.6%
    Money Market4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%2.9%8.4%9.6%8.4%57.1%
Sector-1.2%-0.3%6.2%5.1%13.2%59.3%
Rank within sector161 / 86597 / 862366 / 861136 / 843636 / 805389 / 756
Quartile1st1st2nd1st4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.7%-1.7%-0.9%24.5%15.8%
Sector5.6%4.4%0.6%24.2%15.4%
Rank within sector209 / 843746 / 831577 / 806368 / 785258 / 758
Quartile1st4th3rd2nd2nd
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.
-2.1
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.
1.04
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
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%.
11.05
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.
4.57
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.
-0.44
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.
0.83
Price movement
52 week high207.4
52 week low165.7
Current bid price204.1
Current offer price214.8
Current mid price-
Region
1UK95.6%
2Money Market4.4%
Industry sector
1Financials27.6%
2Consumer Services19.5%
3Industrials15%
4Oil & Gas9.4%
5Health Care7.8%
6Utilities5%
7Fixed Interest4.6%
8Money Market4.4%
9Consumer Goods2.2%
Asset type
1UK Equities91%
2UK Fixed Interest4.6%
3Money Market4.4%
Individual holdings
1GLAXOSMITHKLINE PLC7.8%
2HSBC HOLDINGS PLC7.1%
3BARCLAYS PLC5.9%
4ROYAL DUTCH SHELL5.7%
5GRAFTON GROUP4.5%
6LLOYDS BANKING GROUP PLC4.3%
7Tesco Plc4.2%
8MORRISON(W)SU ORD GBP0.104%
9ROYAL BANK OF SCOTLAND GROUP PLC4%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Investec UK Special Situations fund invests solely in the Investec UK Special Situations fund, a sub fund of Investec Funds Series i, a UK authorised Open Ended Investment Company, managed by Investec Fund Managers Limited. The aim of the underlying fund is to provide a combination of income and long term capital growth, primarily through application of a contrarian approach to investment in UK equities and in derivatives the underlying assets of which are UK equities. 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 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. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. 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
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund manager
NameSinceBiography
Alastair Mundy31/07/2002Alastair is head of the Value team at Investec Asset Management having joined in 2000 from Morley Fund Management. Alastair manages a number of funds including the Investec Cautious Managed Fund and the Investec UK Special Situations Fund. He also manages the Temple Bar Investment Trust. Alastair graduated from City University with a Bachelor of Science degree in Actuarial Science in 1988.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Investec UK Special Sits Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price204.1
Offer price214.8
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeTW15
OMW Investec UK Special Sits SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price233.8
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeTW16
Data provided by

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