Fact sheet: OMW LM IF Cl US Eq

Fund information
Fund name
OMW Legg Mason IF Clearbridge US Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Sam Peterssince 15/05/2013
  • Jean Yusince 02/01/2015
Underlying fund
Legg Mason IFClBrUSEq
Fund objective
The OMW Legg Mason US Equity Fund invests solely in the Legg Mason US Equity Fund, a sub-fund of Legg Mason Funds ICVC, a UK-authorised Open-Ended Investment Company managed by Legg Mason Investment Funds Limited. The aim of the underlying fund is to achieve capital growth, principally through investment in securities of US issuers which the ACD (Legg Mason) believes are undervalued. The underlying fund may also invest up to 20% of its assets in securities of non US issuers. 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. 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
  • S&P 500
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
26.6%
1 Year rank in sector
274/310
Sector
PN North America
Yield
-
Fund size
£4m (£3m 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.
120
Bid price
157.6
Offer price
165.8
Top in this sector
Fund name1 Year
FL Baillie Giff Amr AP42.7%
Baillie Gifford North American Pn42.4%
SW BaillGiff NorthAmrEq Pn40.6%
FL Baill GiffNthAmEq XE/IEPn40.4%
FL Schroder US Sm Cos AP39.9%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA97.2%
    Money Market2.8%
  • Financials18.5%
    Information Technology17.2%
    Health Care15.6%
    Consumer Discretionary15.5%
    Industrials10.7%
  • US Equities97.2%
    Cash & Cash Equivalents2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.8%-6%-26.6%47.8%103.9%
Sector-0.9%-3.5%3.9%30.2%63.1%120%
Rank within sector305 / 316298 / 315297 / 313274 / 310270 / 286224 / 265
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-4.3%31.1%-2.3%20.2%32.3%
Sector-0.2%30.9%4.4%18.7%29.2%
Rank within sector298 / 314174 / 299290 / 294100 / 28652 / 274
Quartile4th3rd4th2nd1st
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.
-4.84
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.
1.13
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.
0.79
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%.
14.41
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.
6.34
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.
0.81
Price movement
52 week high172.3
52 week low122.1
Current bid price157.6
Current offer price165.8
Current mid price-
Region
1USA97.19%
2Money Market2.81%
Industry sector
1Financials18.5%
2Information Technology17.18%
3Health Care15.57%
4Consumer Discretionary15.53%
5Industrials10.68%
6Utilities6.17%
7Energy5.29%
8Real Estate4.74%
9Cash & Cash Equivalents2.81%
Asset type
1US Equities97.19%
2Cash & Cash Equivalents2.81%
Individual holdings
1ALPHABET INC4.11%
2WELLS FARGO & CO3.76%
3MICROSOFT CORP3.49%
4ORACLE CORP3.42%
5CITIGROUP INC3.34%
6ALLERGAN PLC3.25%
7SYNCHRONY FINANCIAL3.19%
8REALOGY HLDGS CORP2.89%
9AMAZON.COM INC2.68%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Legg Mason US Equity Fund invests solely in the Legg Mason US Equity Fund, a sub-fund of Legg Mason Funds ICVC, a UK-authorised Open-Ended Investment Company managed by Legg Mason Investment Funds Limited. The aim of the underlying fund is to achieve capital growth, principally through investment in securities of US issuers which the ACD (Legg Mason) believes are undervalued. The underlying fund may also invest up to 20% of its assets in securities of non US issuers. 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. 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
  • S&P 500
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Sam Peters15/05/2013Sam joined the firm in 2005. Prior to joining Legg Mason, Sam worked for Fidelity Management & Research, serving as portfolio manager of the Fidelity Select Health Care Fund and the Fidelity Select Medical Equipment Fund, as well as team leader for the Health Care sector. Previously, Sam managed the Fidelity Select Electronics Fund and the Fidelity Select Banking Fund. Sam joined Fidelity in 1999 as a bank analyst. In 1996, Sam founded Samuel M. Peters Investment Advisors, an independent advisory firm. From 1992 to 1995, Sam was a financial consultant for Eppler, Guerin & Turner. Sam serves on the Board of Trustees for the Gilman School in Baltimore, Maryland, is a member of the Merchant Livestock Board and is a board member emeritus of the College of William & Mary's Endowment Committee. Sam also serves on the Board of Trustees of The Santa Fe Institute, a leading, multi-disciplinary research laboratory dedicated to developing and advancing solutions to complex problems in physical, biological and social systems. Sam earned a B.A. in economics from the College of William & Mary and an M.B.A. from the University of Chicago. He received the CFA designation in 1997.
Jean Yu02/01/2015Jean co-manages the Value Equity Strategy. She has 14 years of investment industry experience. Jean joined ClearBridge, LLC (f/k/a Legg Mason Capital Management, LLC) in 2002 as a Research Analyst responsible for research in the health care sector as well as transportation logistical companies, industrial gas, and Chinese internet stocks. Previously, she worked as a Senior Business Analyst, managing consulting projects for Fortune 50 clients in the pharmaceutical industry at ISO Health Care Group. She received an MD from Beijing Medical University, an MBA from Duke University in Health Sector Management and Finance and a PhD in Molecular Biology from Columbia University. Jean received the CFA designation in 2006.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Legg Mason IF Clearbridge US Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price157.6
Offer price165.8
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZI77
OMW Legg Mason IF Clearbridge US Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price182.8
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZI78
Data provided by

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