Fact sheet: OMW Jupiter Corporate Bond

Fund information
Fund name
OMW Jupiter Corporate Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Rhys Petheramsince 30/09/2012
Underlying fund
Jupiter Corporate Bond
Fund objective
The OMW Jupiter Corporate Bond fund invests solely in the Jupiter Corporate Bond fund, a UK authorised Unit Trust managed by Jupiter Unit Trust Managers Limited. The underlying fund seeks to achieve high income and the opportunity for capital growth, primarily through investment in fixed interest securities, as well as convertibles and preference shares, with the potential for international exposure. 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 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 non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. 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
5.6%
1 Year rank in sector
243/262
Sector
PN Sterling Corporate Bond
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.
30
Bid price
180.1
Offer price
189.5
Top in this sector
Fund name1 Year
OMW IPL L&G AAA CrpBdOv15YIx Pn15%
BlackRock DC AqOv 15 YCrp BdIx HP14.2%
L&G PMC AAAAAA CpBd Ov15Y Id Pn13.6%
Aviva AT SF Corp Bd Pn13.1%
AEGON Long Core Plus Pn13.1%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%1.5%-0.1%5.6%15.6%27%
Sector0.8%2.3%-1.2%8.5%20%36.9%
Rank within sector243 / 268243 / 26638 / 266243 / 262192 / 236206 / 217
Quartile4th4th1st4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.8%6.6%0.7%9.1%-0.1%
Sector1.4%9.4%0.2%10.5%1%
Rank within sector242 / 266221 / 26294 / 247177 / 236189 / 227
Quartile4th4th2nd3rd4th
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.
1.25
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.
0.6
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.
0.44
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%.
3.45
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.
2.44
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.
-0.47
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.
0.89
Price movement
52 week high182.7
52 week low170.5
Current bid price180.1
Current offer price189.5
Current mid price-
Region
No data available.
Industry sector
1BBB42.24%
2AAA22.92%
3AA14.68%
4A12.62%
5Money Market3.93%
6Non-Rated2.32%
7BB1.16%
8B0.13%
Asset type
1Global Fixed Interest96.07%
2Money Market3.93%
Individual holdings
1REED ELSEVIER CAPITAL INC 3.125% BDS 15/10/22 USD1000 144A2.58%
2AA 2.875% 31/01/222.49%
3GO-AHEAD GROUP 5.375% BDS 29/09/17 GBP10002.48%
4COMPASS GROUP 3.85% NTS 26/06/26 GBP1000002.37%
5VERIZON COMMUNICATIONS INC 3% BDS 01/11/21 USD10002.36%
6NORTHERN GAS NETWORKS FINANCE 5.875% GTD BDS 08/07/19 GBP500002.35%
7BANK OF NOVA SCOTIA 30/09/212.26%
8NORDIC INVESTMENT BANK 5% BDS 19/04/22 AUD10002.19%
9FRIENDS PROVIDENT 8.25% 21/04/222.13%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Jupiter Corporate Bond fund invests solely in the Jupiter Corporate Bond fund, a UK authorised Unit Trust managed by Jupiter Unit Trust Managers Limited. The underlying fund seeks to achieve high income and the opportunity for capital growth, primarily through investment in fixed interest securities, as well as convertibles and preference shares, with the potential for international exposure. 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 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 non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. 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
Rhys Petheram30/09/2012Rhys joined Jupiter in 2006 and is currently a fund manager in the Fixed Interest& Multi-Asset team. He manages the Jupiter Corporate Bond Fund, as well as co-managing (with Alastair Gunn) the Jupiter Distribution Fund, the Jupiter Distribution and Growth Fund and the Jupiter Enhanced Distribution Fund. He also co-manages the Jupiter Global Ecology Diversified fund (SICAV). Before joining Jupiter, Rhys was an analyst at Towers Perrin Australia and a credit analyst for utilities at Moody's Investor Services. Rhys has a degree in Commerce (Finance) and a Diploma in Modern Languages (Indonesian), both from the University of Melbourne, and is also a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Jupiter Corporate Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.04%
Bid price180.1
Offer price189.5
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYI89
OMW Jupiter Corporate Bond SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price211.1
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS16
Data provided by

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