Fact sheet: OMW JPM Emerging Europe Equity

Fund information
Fund name
OMW JPM Emerging Europe Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • EMEA Equity Teamsince 15/02/2016
  • Oleg Biryulyovsince 01/06/2002
Underlying fund
JPM EmEurEq
Fund objective
The OMW JPM Emerging Europe Equity fund invests solely in the JPM Emerging Europe Equity fund, a sub fund of the JPMorgan Fund ICVC a UK authorised Open Ended Investment Company, managed by JPMorgan Funds Limited. The underlying fund seeks to provide long-term capital growth by investing primarily in Equity and Equity-Linked Securities of companies in European Emerging Markets countries, including Russia (“Emerging Europe Countries”). The underlying fund will invest in companies that are incorporated under the laws of, and have their registered office in Emerging Europe Countries, or that derive the predominant part of their economic activity from Emerging Europe Countries, even if listed elsewhere. The underlyingfund will have exposure to smaller companies.Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease.Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures.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 may be denominated in or hold assets in a currency other than Sterling. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations.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.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
39.4%
1 Year rank in sector
26/531
Sector
PN Specialist
Yield
-
Fund size
£5m (£4m 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.
145
Bid price
270.2
Offer price
284.4
Top in this sector
Fund name1 Year
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FL AXA Fram Gbl Tech EP54.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • Russia60.5%
    Turkey10.7%
    Poland10.4%
    Hungary6.3%
    Romania2.1%
  • Financials36.4%
    Energy33.2%
    Consumer Staples9.4%
    Materials9.4%
    Information Technology2.9%
  • Russian Equities60.5%
    Turkish Equities10.7%
    Polish Equities10.4%
    Hungarian Equities6.3%
    European Emerging Equities4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%-2.6%7.8%39.4%12.3%20.5%
Sector1.5%1.8%6%15.3%25.5%50%
Rank within sector74 / 554543 / 554186 / 54926 / 531293 / 395249 / 333
Quartile1st4th2nd1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.6%51.1%-5.9%-29.4%-2.4%
Sector3.8%11.6%2%7.2%11%
Rank within sector530 / 5508 / 514428 / 449382 / 387347 / 360
Quartile4th1st4th4th4th
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.
-6.46
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.
1.94
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.
0.17
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%.
19.09
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.
16.13
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.
-0.06
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.
0.36
Price movement
52 week high281.1
52 week low193.9
Current bid price270.2
Current offer price284.4
Current mid price-
Region
1Russia60.5%
2Turkey10.7%
3Poland10.4%
4Hungary6.3%
5Romania2.1%
6Czech Republic2%
7Austria1.9%
8Georgia1.9%
9Ukraine1.7%
Industry sector
1Financials36.4%
2Energy33.2%
3Consumer Staples9.4%
4Materials9.4%
5Information Technology2.9%
6Consumer Discretionary2.4%
7Industrials2.2%
8Real Estate1.8%
9Telecommunications Utilities1%
Asset type
1Russian Equities60.5%
2Turkish Equities10.7%
3Polish Equities10.4%
4Hungarian Equities6.3%
5European Emerging Equities4.3%
6Czech Republic Equities2%
7Austrian Equities1.9%
8European Equities1.9%
9Kazakhstani Equities1.6%
Individual holdings
1GAZPROM OAO10.2%
2SBERBANK OF RUSSIA9.7%
3LUKOIL OAO8%
4MAGNIT PJSC4.7%
5ROSNEFT OIL CO4.2%
6NOVATEK PAO3.8%
7MMC NORILSK NICKEL PJSC3.3%
8ALROSA ZAO2.8%
9OTP BANK2.8%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW JPM Emerging Europe Equity fund invests solely in the JPM Emerging Europe Equity fund, a sub fund of the JPMorgan Fund ICVC a UK authorised Open Ended Investment Company, managed by JPMorgan Funds Limited. The underlying fund seeks to provide long-term capital growth by investing primarily in Equity and Equity-Linked Securities of companies in European Emerging Markets countries, including Russia (“Emerging Europe Countries”). The underlying fund will invest in companies that are incorporated under the laws of, and have their registered office in Emerging Europe Countries, or that derive the predominant part of their economic activity from Emerging Europe Countries, even if listed elsewhere. The underlyingfund will have exposure to smaller companies.Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease.Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures.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 may be denominated in or hold assets in a currency other than Sterling. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations.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.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
EMEA Equity Team15/02/2016
Oleg Biryulyov01/06/2002Oleg Biryulyov, managing director, is a regional portfolio manager and the head of the Emerging Europe, Middle East and Africa Group, with a specialisation in Russia and Eastern Europe, within the Emerging Markets and Asia Pacific Equities Team based in London. An employee since 1994, Oleg was previously a portfolio manager for Flemings Urals Regional Venture Fund. Prior to this, he was an investment analyst. Oleg obtained a degree in economics from Moscow State University, Lomonosov. He is a holder of the CFA designation.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW JPM Emerging Europe Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price270.2
Offer price284.4
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZC11
OMW JPM Emerging Europe Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price313.3
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZC12
Data provided by

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