Fact sheet: OMW JPM Gbl Unconstrained Eq

Fund information
Fund name
OMW JPM Global Unconstrained Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Sam Witherowsince 23/08/2015
  • Timothy Woodhousesince 24/11/2014
Underlying fund
JPM Glbl Unconstrnd Eq
Fund objective
The OMW JPM Global Unconstrained Equity fund invests solely in the JPM Global Unconstrained Equity fund, a sub fund of JPMorgan Fund ICVC, a UK authorised Open Ended Investment Company, managed by JPMorgan Funds Limited. The aim of the underlying fund is to provide capital growth over the long term by investing throughout the world in any economic sector. 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 adjustments and the OMW investment process.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.9%
1 Year rank in sector
589/961
Sector
PN Global Equities
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.
121
Bid price
111.7
Offer price
117.5
Top in this sector
Fund name1 Year
LV= M&G Global Div Pn32.3%
OMW IPL M&G Global Dividend Pn32.3%
AXA Wealth Sch ISF Gbl Recv Pn32.2%
Stan Life M&G Global Dividend Pn31.7%
Aviva M&G Global Div Pn31.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America50.7%
    Europe & Middle East19.6%
    Global Emerging Markets10.5%
    UK7.2%
    Money Market6.8%
  • Consumer Discretionary21.6%
    Financials18.2%
    Health Care18.2%
    Information Technology9.8%
    Money Market6.8%
  • North American Equities50.7%
    International Equities19.6%
    Global Emerging Market Equities10.5%
    UK Equities7.2%
    Money Market6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%7%18.3%15.9%--
Sector-0.1%1.5%13.3%17.2%33%74.2%
Rank within sector52 / 103923 / 1035104 / 1025589 / 961--
Quartile1st1st1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund16.2%----
Sector16.3%3.7%7.8%21.4%11.2%
Rank within sector515 / 963----
Quartile3rd
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 high113.6
52 week low78.9
Current bid price111.7
Current offer price117.5
Current mid price-
Region
1North America50.7%
2Europe & Middle East19.6%
3Global Emerging Markets10.5%
4UK7.2%
5Money Market6.8%
6Japan5.2%
Industry sector
1Consumer Discretionary21.6%
2Financials18.2%
3Health Care18.2%
4Information Technology9.8%
5Money Market6.8%
6Telecommunications Utilities6.2%
7Industrials5.4%
8Energy4.9%
9Materials4.7%
Asset type
1North American Equities50.7%
2International Equities19.6%
3Global Emerging Market Equities10.5%
4UK Equities7.2%
5Money Market6.8%
6Japanese Equities5.2%
Individual holdings
1ALPHABET INC4.4%
2TEVA PHARMACEUTICAL INDUSTRIES4.2%
3TWENTY-FIRST CENTURY FOX INC3.4%
4CITIGROUP INC3%
5TIME WARNER INC3%
6SANOFI2.7%
7AMAZON.COM INC2.4%
8AXA2.2%
9ALEXION PHARMACEUTICALS INC2%
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 Unconstrained Equity fund invests solely in the JPM Global Unconstrained Equity fund, a sub fund of JPMorgan Fund ICVC, a UK authorised Open Ended Investment Company, managed by JPMorgan Funds Limited. The aim of the underlying fund is to provide capital growth over the long term by investing throughout the world in any economic sector. 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 adjustments and the OMW investment process.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Sam Witherow23/08/2015Sam Witherow, vice president, is a global sector specialist in the Global Equities Team. An employee since 2008, he is responsible for covering the global energy sector. Sam obtained a BSc (Hons) in Economics and Politics from the University of Bristol and is a CFA charterholder.
Timothy Woodhouse24/11/2014Tim Woodhouse, vice president, is a portfolio manager in the Global Equities Team. An employee since 2008, he was previously a research analyst in the European Equity Research Team, in London, working in the TMT sector. Tim obtained a BSc (Hons) in Economics from the University of York. Tim is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW JPM Global Unconstrained Equity Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price111.7
Offer price117.5
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5OL
OMW JPM Global Unconstrained Equity SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price119
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5OM
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.