Fact sheet: OMW JPM Gbl Prop Securities

Fund information
Fund name
OMW JPM Global Property Securities Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Jason Kosince 01/01/2013
  • Alan Supplesince 30/04/2016
  • James Davidsonsince 05/11/2015
Underlying fund
JPM Global Property Sec
Fund objective
The OMW JPM Global Property Securities fund invests solely in the JPM Global Property Securities fund, a sub fund of 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 Real Estate Investment Trusts (REITs) and in Equity and Equity-Linked Securities of other real estate companies that, at the time of investment, are significant owners, developers or financiers of real estate or that provide real estate related services. 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
Shares
Quick stats
1 Year return
-1.6%
1 Year rank in sector
54/59
Sector
PN Global Property
Yield
-
Fund size
£1m (£1m 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.
96
Bid price
107.9
Offer price
113.5
Top in this sector
Fund name1 Year
OMW Aviva Asia Pacific Prp30.7%
LV= Sch Gbl Rel Est Sec Inc Pn26.4%
L&G First State Asian Prp SecPn26.3%
OMW First State Asn Prp Sec25.5%
FL L&G Gbl RealEstate EqIdx Pn24.4%
...more in PN Global Property

Performance snapshot

Holdings snapshot

  • USA52.9%
    Japan12.6%
    Hong Kong8.1%
    Australia7.6%
    Germany4.3%
  • Retail29.1%
    Others20%
    Offices - Property13.4%
    Residential - Property12.8%
    Health Care6.9%
  • Property Shares97.5%
    Money Market2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-7.5%-2.9%-1.6%18.8%64.7%
Sector-2.7%-1.8%6.9%12.7%36.8%63.2%
Rank within sector5 / 6054 / 6054 / 5954 / 5951 / 5535 / 50
Quartile1st4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.2%0.5%20.3%4.8%28.1%
Sector10.8%5.5%17.6%2%15.3%
Rank within sector54 / 5952 / 5819 / 5512 / 554 / 51
Quartile4th4th2nd1st1st
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.
-7.12
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.
1.19
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.
0.08
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%.
13.01
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.
7.71
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.
-0.72
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.
0.66
Price movement
52 week high119.4
52 week low96.5
Current bid price107.9
Current offer price113.5
Current mid price-
Region
1USA52.9%
2Japan12.6%
3Hong Kong8.1%
4Australia7.6%
5Germany4.3%
6Netherlands3.9%
7UK3.1%
8Money Market2.5%
9Canada2.2%
Industry sector
1Retail29.1%
2Others20%
3Offices - Property13.4%
4Residential - Property12.8%
5Health Care6.9%
6Industrials5.5%
7Warehousing & Real Estate4.8%
8Industrial - Property2.5%
9Leisure & Hotels2.5%
Asset type
1Property Shares97.5%
2Money Market2.5%
Individual holdings
1SIMON PROPERTY GROUP INC6.1%
2AVALONBAY COMMUNITIES INC3.8%
3MITSUI FUDOSAN3.2%
4MACERICH CO3%
5UNIBAIL-RODAMCO2.9%
6SCENTRE GRP LTD2.8%
7KIMCO REALTY CORP2.7%
8PROLOGIS INC2.7%
9SL GREEN REALTY CORP2.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW JPM Global Property Securities fund invests solely in the JPM Global Property Securities fund, a sub fund of 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 Real Estate Investment Trusts (REITs) and in Equity and Equity-Linked Securities of other real estate companies that, at the time of investment, are significant owners, developers or financiers of real estate or that provide real estate related services. 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
Shares
Fund managers
NameSinceBiography
Jason Ko01/01/2013Jason Ko, executive director, is a co-portfolio manager of the U.S./Global/International REIT strategy. An employee since 2002, Jason works with a team covering the REIT sector for the U.S. Equity Group. Previously, Jason worked as a research associate focusing on REITs and cyclicals sectors and as an investment assistant in the U.S. Active Equity Group. Jason holds a B.S. in electrical engineering and a B.A. in economics from Brown University. He is also a CFA charterholder.
Alan Supple30/04/2016
James Davidson05/11/2015James Davidson, managing director, is a senior portfolio manager in the Global Equities Team, based in London. An employee since 2013, he focuses primarily on research-driven strategies. Prior to joining the firm, James was at Bank of America Merrill Lynch, where he ran the number one global equity sales desk, filtering the output of 700 research analysts. The flagship product was the ‘Globlog’ large cap global equity long/short quarterly portfolio, which he oversaw for 42 quarters. Previously, James spent five years as a US equity portfolio manager with Morgan Grenfell Asset Management. He began his career in Edinburgh on the US equities desk at Baillie Gifford. James obtained a BA in Economics from Sussex University and an MSc in Economic History from Oxford University. He has been a CFA charterholder since 1997.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW JPM Global Property Securities Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price107.9
Offer price113.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE191
OMW JPM Global Property Securities SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price122.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE190
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.