Fact sheet: OMW Legg Mason IF Japan Equity

Fund information
Fund name
OMW Legg Mason IF Japan Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Hideo Shiozumisince 21/10/1996
Underlying fund
Legg Mason IFJaEq
Fund objective
The OMW Legg Mason Japan Equity Fund invests solely in the Legg Mason Japan 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 through investment in securities of Japanese companies, which have above average growth prospects relative to the shares of Japanese companies as a whole. 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. 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
  • Tokyo Stock Exchange Index (TOPIX)
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
35.8%
1 Year rank in sector
6/188
Sector
PN Japan
Yield
-
Fund size
£11m (£10m 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.
208
Bid price
186.9
Offer price
196.7
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

  • Japan98.6%
    Money Market1.4%
  • Health Care37.6%
    Information Technology14.1%
    Consumer Discretionary13.9%
    Industrials10.8%
    Financials10.8%
  • Japanese Equities98.6%
    Cash & Cash Equivalents1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-12.5%-0.3%-0.7%35.8%89.2%244.8%
Sector-4.2%6.9%22%22.1%42.3%88%
Rank within sector194 / 194191 / 191190 / 1916 / 1882 / 1792 / 167
Quartile4th4th4th1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund27.6%48.3%-1.2%63.1%9.7%
Sector21.2%15.7%1.5%26.2%4%
Rank within sector19 / 1882 / 186156 / 1792 / 17617 / 167
Quartile1st1st4th1st1st
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.
17.11
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.
0.68
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.
1.01
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%.
21.83
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.
20.2
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.
0.51
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.
0.15
Price movement
52 week high226.1
52 week low126.1
Current bid price186.9
Current offer price196.7
Current mid price-
Region
1Japan98.63%
2Money Market1.37%
Industry sector
1Health Care37.57%
2Information Technology14.13%
3Consumer Discretionary13.89%
4Industrials10.83%
5Financials10.78%
6Consumer Staples8.09%
7Utilities2.02%
8Cash & Cash Equivalents1.37%
9Real Estate1.32%
Asset type
1Japanese Equities98.63%
2Cash & Cash Equivalents1.37%
Individual holdings
1PEPTIDREAM INC9.13%
2NIHON M&A CENTER INC8.52%
3SOSEI GROUP CORP7.72%
4M3 INC6.32%
5CYBERDYNE INC4.8%
6START TODAY CO LTD4.53%
7SMS CO LTD4.13%
8WELCIA HOLDINGS CO LTD3.67%
9DIP CORP3.59%
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 Japan Equity Fund invests solely in the Legg Mason Japan 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 through investment in securities of Japanese companies, which have above average growth prospects relative to the shares of Japanese companies as a whole. 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. 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
  • Tokyo Stock Exchange Index (TOPIX)
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Hideo Shiozumi21/10/1996Hideo Shiozumi has over 40 years' experience in Japanese equities. He was the first Japanese fund manager for a well-known British investment bank and also, in the late 1970s, the first Japanese national in the City of London to be named as a director. Hideo founded Shiozumi Investment Limited in 1990 to exploit the unfolding and attractive opportunity in investing in newly emerging, Japanese growth companies.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Legg Mason IF Japan Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price186.9
Offer price196.7
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZI71
OMW Legg Mason IF Japan Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price216.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZI72
Data provided by

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