Fact sheet: OMW Lazard Emg Mkts

Fund information
Fund name
OMW Lazard Emerging Markets Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • James Donaldsince 26/05/1997
Underlying fund
Lazard Emerging Markets
Fund objective
The OMW Lazard Emerging Markets Fund invests solely in the Lazard Emerging Markets Fund, a sub-fund of Lazard Investment Funds, a UK Authorised Open Ended Investment Company, managed by Lazard Fund Managers Limited. The aim of the underlying fund is to seek long-term capital growth by investing primarily in issues located, or doing significant business, in emerging markets countries. It is likely to focus on, but not be limited to, Latin America, the Pacific Basin and Europe. 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. 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
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
31%
1 Year rank in sector
75/260
Sector
PN Global Emerging Markets
Yield
-
Fund size
£9m (£8m 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.
130
Bid price
242.7
Offer price
255.4
Top in this sector
Fund name1 Year
LV= Jupiter India Pn48%
AXA Wealth Jupiter India Pn47.3%
FL Jupiter India EP47.2%
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RLP Jupiter India Pn46.3%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • Emerging Asia52.2%
    Latin America16.8%
    European Emerging Markets14.7%
    Africa9.4%
    Money Market6.9%
  • Financials30.3%
    Information Technology22.5%
    Telecommunications Utilities9.9%
    Energy7.7%
    Consumer Discretionary7.3%
  • Asia Pacific Emerging Equities52.2%
    American Emerging Equities16.8%
    European Emerging Equities14.7%
    Middle East & African Equities9.4%
    Money Market6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.5%2.6%0.5%31%29.6%29.9%
Sector-3.5%3.9%0.8%27.7%36.2%33.9%
Rank within sector253 / 268207 / 268154 / 26575 / 260165 / 220127 / 187
Quartile4th4th3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund4.8%43.7%-16.1%0.7%-3.1%
Sector7%31.9%-8.5%3%-3.4%
Rank within sector228 / 26829 / 257223 / 245166 / 21868 / 200
Quartile4th1st4th4th2nd
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.
-2.18
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.
1.15
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.
0.42
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%.
18.46
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.
4.44
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.
-0.16
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.
0.96
Price movement
52 week high257.3
52 week low168.3
Current bid price242.7
Current offer price255.4
Current mid price-
Region
1Emerging Asia52.2%
2Latin America16.8%
3European Emerging Markets14.7%
4Africa9.4%
5Money Market6.9%
Industry sector
1Financials30.3%
2Information Technology22.5%
3Telecommunications Utilities9.9%
4Energy7.7%
5Consumer Discretionary7.3%
6Money Market6.9%
7Consumer Staples5.9%
8Industrials5.7%
9Materials3.1%
Asset type
1Asia Pacific Emerging Equities52.2%
2American Emerging Equities16.8%
3European Emerging Equities14.7%
4Middle East & African Equities9.4%
5Money Market6.9%
Individual holdings
1CHINA CONSTRUCTION BANK4.7%
2SAMSUNG ELECTRONICS CO3.9%
3TAIWAN SEMICONDUCTOR MANUFACTURING3.9%
4BANCO DO BRASIL3.7%
5TATA CONSULTANCY SERVICES3%
6TATA CONSULTANCY SERVICES3%
7NETEASE INC2.9%
8SBERBANK OF RUSSIA2.7%
9BAIDU INC2.5%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Lazard Emerging Markets Fund invests solely in the Lazard Emerging Markets Fund, a sub-fund of Lazard Investment Funds, a UK Authorised Open Ended Investment Company, managed by Lazard Fund Managers Limited. The aim of the underlying fund is to seek long-term capital growth by investing primarily in issues located, or doing significant business, in emerging markets countries. It is likely to focus on, but not be limited to, Latin America, the Pacific Basin and Europe. 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. 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
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
James Donald26/05/1997James Donald is a Portfolio Manager/Analyst on the Emerging Markets Equity team and Head of the Emerging Markets Group. He is also a member of the International Equity Select with Emerging Markets team. Since joining Lazard in 1996, James has been instrumental in developing and coordinating the emerging markets activities at Lazard. He began working in the investment field in 1983. Prior to joining Lazard, James was a Portfolio Manager with Mercury Asset Management. He has a BA (Hons) in history from the University of Western Ontario. James is a board member of EMpower, a charity of investment professionals focused on adolescents, health care, and women's issues in emerging markets countries, as well as a member of the 20-20 Investments Association, an investor group that is focused on emerging markets.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Lazard Emerging Markets 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 price242.7
Offer price255.4
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD917
OMW Lazard Emerging Markets 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 price277.1
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD916
Data provided by

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