Fact sheet: OMW Lazard Mltcap UK Inc Pn

Fund information
Fund name
OMW Lazard Multicap UK Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Alan Cliffordsince 31/08/2008
  • Alan Custissince 01/01/2009
Underlying fund
Lazard Multicap UK Income
Fund objective
The OMW Lazard Multicap UK Income Fund invests solely in the Lazard Multicap UK Income 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 investment is to achieve a reasonable level of income combined with capital growth from a portfolio of securities primarily made up of equity investments listed in the United Kingdom. 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
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8%
1 Year rank in sector
102/225
Sector
PN UK Equity Income
Yield
-
Fund size
£0m (£0m 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.
99
Bid price
263.6
Offer price
277.4
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK97.9%
    Money Market2.1%
  • Financials25.2%
    Oil & Gas13%
    Consumer Goods11.2%
    Consumer Services11.2%
    Health Care10.5%
  • UK Equities97.9%
    Money Market2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%1.7%8.2%8%17.8%62.9%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector50 / 22943 / 22974 / 229102 / 225154 / 20599 / 192
Quartile1st1st2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.7%4.8%1.9%23.1%17.3%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector106 / 225129 / 220166 / 205121 / 19745 / 192
Quartile2nd3rd4th3rd1st
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.
-1.01
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.
0.11
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%.
9.69
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.
2.98
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.
-0.31
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.
0.91
Price movement
52 week high268.7
52 week low215.4
Current bid price263.6
Current offer price277.4
Current mid price-
Region
1UK97.9%
2Money Market2.1%
Industry sector
1Financials25.2%
2Oil & Gas13%
3Consumer Goods11.2%
4Consumer Services11.2%
5Health Care10.5%
6Industrials10.1%
7Telecommunications7.4%
8Basic Materials5.8%
9Money Market2.1%
Asset type
1UK Equities97.9%
2Money Market2.1%
Individual holdings
1ROYAL DUTCH SHELL6.4%
2BRITISH AMERICAN TOBACCO PLC6.1%
3HSBC HOLDINGS PLC6.1%
4BP PLC5.4%
5RIO TINTO PLC4.8%
6GLAXOSMITHKLINE PLC4%
7VODAFONE GROUP3.7%
8UNILEVER3.5%
9BT GROUP2.9%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Lazard Multicap UK Income Fund invests solely in the Lazard Multicap UK Income 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 investment is to achieve a reasonable level of income combined with capital growth from a portfolio of securities primarily made up of equity investments listed in the United Kingdom. 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
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alan Clifford31/08/2008Alan Clifford is a Portfolio Manager/Analyst on our UK Equity team, specifically responsible for managing UK Small Cap Equity and UK Income portfolios. Prior to joining Lazard in 2002, Alan was a member of the UK Small Cap portfolio management team of Legal & General Investment Management. He has a BA (Hons) degree in Economics from Newcastle Polytechnic. Alan achieved the AIIMR qualification in 1994 and is an Associate of the Chartered Institute of Management Accountants.
Alan Custis01/01/2009Alan Custis is a Portfolio Manager/Analyst on our UK Equity Team, responsible for managing UK equity portfolios. He joined Lazard Asset Management Limited in 2004 and his investment experience began in 1989. Prior to joining Lazard, Alan worked for JP MorganFleming for five years in a variety of UK roles including heading their mid-cap initiative and more recently as a member of the UK large cap team. Previously, he worked at Hill Samuel Asset Management where he was Head of Small Cap investment and at Morgan Grenfell Securities as a derivatives trader. Alan holds a Business degree with Honours from Staffordshire University in 1986.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Lazard Multicap UK Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.96%
Bid price263.6
Offer price277.4
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeKS39
OMW Lazard Multicap UK Income Pn SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price312.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS29
Data provided by

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