Fact sheet: OMW JPM Japan

Fund information
Fund name
OMW JPM Japan Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Miyako Urabesince 31/08/2015
  • Shoichi Mizusawasince 30/09/2012
  • Nicholas Weindlingsince 30/09/2012
Underlying fund
JPM Japan
Fund objective
The OMW JPM Japan Fund invests solely in the JPM Japan 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 capital growth over the long term by investing primarily in the shares of Japanese companies. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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
Growth
Investment method
Shares
Quick stats
1 Year return
19.5%
1 Year rank in sector
158/188
Sector
PN Japan
Yield
-
Fund size
£2m (£2m 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.
155
Bid price
158.4
Offer price
166.7
Top in this sector
Fund name1 Year
OMW InvescoPerpetaulJpnSlCos45.7%
SIP Inv Prp Jpnse Sm Cos Pn45.5%
Zurich Inv PerpJapnseSmCosPn43.4%
L&G Legg MasonIFJapanEqPn38.5%
FL GM Japnse Eq Pn37.7%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan97.9%
    Money Market2.1%
  • Electronic & Electrical Equipment13.4%
    Chemicals11.1%
    Retail10.8%
    Machinery7.9%
    Foods7.4%
  • Japanese Equities97.9%
    Money Market2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-8.5%3.3%10.3%19.5%50.7%95.8%
Sector-4.2%6.9%22%22.1%42.3%88%
Rank within sector190 / 194183 / 191179 / 191158 / 18829 / 17949 / 167
Quartile4th4th4th4th1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund17.6%26.6%0.8%37%-6.4%
Sector21.2%15.7%1.5%26.2%4%
Rank within sector169 / 1885 / 186122 / 17920 / 176163 / 167
Quartile4th1st3rd1st4th
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.
2.78
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.
1.03
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.
0.81
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%.
16.65
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.
10.06
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.
0.27
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.
0.61
Price movement
52 week high173.6
52 week low116.4
Current bid price158.4
Current offer price166.7
Current mid price-
Region
1Japan97.9%
2Money Market2.1%
Industry sector
1Electronic & Electrical Equipment13.4%
2Chemicals11.1%
3Retail10.8%
4Machinery7.9%
5Foods7.4%
6Transport Equipment7.3%
7Communications6.9%
8Services6.2%
9Pharmaceuticals5.5%
Asset type
1Japanese Equities97.9%
2Money Market2.1%
Individual holdings
1KEYENCE CORP3.9%
2NIPPON TELEGRAPH & TELEPHONE CORP3.5%
3FUJI HEAVY INDUSTRIES3.4%
4DAIKIN INDUSTRIES3%
5TOKIO MARINE HLDGS INC3%
6SMC CORP2.9%
7SHIN-ETSU CHEMICAL CO2.8%
8SUZUKI MOTOR CORP2.7%
9M3 INC2.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW JPM Japan Fund invests solely in the JPM Japan 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 capital growth over the long term by investing primarily in the shares of Japanese companies. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Miyako Urabe31/08/2015Miyako Urabe is a country specialist for Japan equities and a member of the Japan Team within the Emerging Markets and Asia Pacific (EMAP) Equities Team based in Tokyo. Miyako joined the Firm in 2013 from Credit Suisse Securities equity sales desk in Tokyo as an Asia ex-Japan specialist. She started her career at Morgan Stanley MUFG Securities covering both Japan and Asia ex-Japan. Miyako obtained a Bachelor Degree in Economics from Keio University, Japan.
Shoichi Mizusawa30/09/2012Shoichi Mizusawa, managing director, is a country specialist for Japan equities and head of the Japan team within the Emerging Markets and Asia Pacific (EMAP) Equities team. Based in Japan, he leads the Japan-dedicated equity portfolio management teams in Hong Kong and Tokyo. Shoichi joined the firm in 1997 as a marketing manager responsible for Japan pension funds. He transferred to the Japan Portfolio Group in 2000 and took up his current role in 2010. Prior to joining the firm, Shoichi spent four years with Postipankki as the Tokyo representative in capital markets. He began his career with Mitsubishi Motors Corporation in 1989. Shoichi obtained a B.A. in Political Science and Economics from Waseda University and an M.B.A. from Simon Fraser University.
Nicholas Weindling30/09/2012Nicholas Weindling, executive director, is a country specialist for Japan equities and a member of the Japan team within the Emerging Markets and Asia Pacific (EMAP) Equities team based in Tokyo. Nicholas joined the firm in 2006 from Baillie Gifford in Edinburgh, where he worked initially as a UK large cap analyst and latterly as a Japanese equities investment manager. Nicholas obtained a B.A. (Hons) in History from Cambridge University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW JPM Japan 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 price158.4
Offer price166.7
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHP36
OMW JPM Japan 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 price186.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS11
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.