Fact sheet: OMW LeggMasonIFMCAsPa

Fund information
Fund name
OMW Legg Mason IF Martin Currie Asia Pacific Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Andrew Grahamsince 30/03/2011
  • Paul Danessince 31/03/2013
Underlying fund
Legg Mason IFMCAsPa
Fund objective
The OMW Martin Currie Asia Pacific fund invests solely in the Martin Currie Asia Pacific fund, a sub-fund of Martin Currie Investment Funds ICVC, a UK authorised Open Ended Investment Company managed by Martin Currie Fund Management Limited. The aim of the underlying fund is to produce long term capital growth by investment in any economic sector in all or any of the Middle East, the Indian sub-continent, Australia, New Zealand and the Far East, excluding Japan. 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 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. 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. 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
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
27.3%
1 Year rank in sector
132/221
Sector
PN Asia Pacific Excluding Japan
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.
121
Bid price
113.7
Offer price
119.6
Top in this sector
Fund name1 Year
FL Invesco Perp Asian Pn43.1%
Aviva Invesco Perpetual Asian Pn42.4%
SIP Inv Perp Asian Pn41.5%
Aviva Invsc Prptul AsnPn41.5%
L&G Invesco Perpetual Asian Pn40.8%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China30.5%
    Korea14.7%
    Australia13.2%
    Taiwan9.5%
    Hong Kong9.4%
  • Information Technology26.2%
    Financials25.9%
    Consumer Discretionary15.4%
    Industrials7.5%
    Telecommunications Utilities5.9%
  • Chinese Equities30.5%
    South Korean Equities14.7%
    Australian Equities13.2%
    Taiwanese Equities9.5%
    Hong Kong Equities9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.6%2.1%24.9%27.3%27.1%50.2%
Sector-4.7%2.7%23%27.8%29.4%53.4%
Rank within sector104 / 226135 / 22385 / 223132 / 221123 / 208123 / 189
Quartile2nd3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund27.3%-0%2.7%-3.5%16.5%
Sector26.4%-3.6%8.3%0.7%16.6%
Rank within sector114 / 22146 / 219193 / 208179 / 205125 / 189
Quartile3rd1st4th4th3rd
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.
-1.47
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.
1.11
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.
0.33
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%.
16.19
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.
3.38
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.
-0.18
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 high122
52 week low79.2
Current bid price113.7
Current offer price119.6
Current mid price-
Region
1China30.46%
2Korea14.68%
3Australia13.19%
4Taiwan9.52%
5Hong Kong9.41%
6India8.73%
7Singapore5.44%
8Money Market2.91%
9Thailand1.84%
Industry sector
1Information Technology26.2%
2Financials25.92%
3Consumer Discretionary15.44%
4Industrials7.47%
5Telecommunications Utilities5.94%
6Materials5.19%
7Consumer Staples3.81%
8Real Estate3.11%
9Energy2.57%
Asset type
1Chinese Equities30.46%
2South Korean Equities14.68%
3Australian Equities13.19%
4Taiwanese Equities9.52%
5Hong Kong Equities9.41%
6Indian Equities8.73%
7Singapore Equities5.44%
8Money Market2.91%
9Thai Equities1.84%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING5.89%
2TENCENT HLDGS LTD5.82%
3SAMSUNG ELECTRONICS CO5.08%
4AIA GROUP LTD5.06%
5COMMONWEALTH BANK OF AUSTRALIA4.19%
6ALIBABA GROUP HLDG LTD3.53%
7CHINA CONSTRUCTION BANK3.51%
8CHINA MOBILE LTD3.15%
9MACQUARIE GROUP LTD2.97%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Martin Currie Asia Pacific fund invests solely in the Martin Currie Asia Pacific fund, a sub-fund of Martin Currie Investment Funds ICVC, a UK authorised Open Ended Investment Company managed by Martin Currie Fund Management Limited. The aim of the underlying fund is to produce long term capital growth by investment in any economic sector in all or any of the Middle East, the Indian sub-continent, Australia, New Zealand and the Far East, excluding Japan. 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 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. 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. 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
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Graham30/03/2011Andrew joined Martin Currie in 2010 and heads our Asia team. He is lead manager of the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds alongside the Martin Currie Pacific Trust. He joined us from Sofaer Global Research, bringing with him over 20 years’ experience of managing Asia-Pacific equities. At Sofaer, where he was a partner, Andrew managed the company’s Japan absolute return fund and co-managed its Pacific-region absolute return fund. Prior to this he spent five years as senior vice president at Putnam Investments, where he co-managed its International Capital Opportunities Fund, focusing particularly on the Asia-Pacific region. Earlier in his career Andrew held portfolio management roles at both Scottish Widows Investment Partnership and Kemper Investment Management.
Paul Danes31/03/2013Paul is the co-manager of our Asia portfolios, including the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds. He joined Martin Currie in 2007, initially working with our Japan team before joining the Asia team in 2011. In 2012, Paul moved to Singapore as chief executive officer of our Asian subsidiary, Martin Currie Asia Pte Ltd, where, in addition to his portfolio-management duties, he conducts local research for Asian markets. Before joining Martin Currie, Paul held portfolio-management roles with Nordea Investment Funds in Luxembourg and Deutsche Asset Management in London and Tokyo.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Legg Mason IF Martin Currie Asia Pacific Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price113.7
Offer price119.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeALC6
OMW Legg Mason IF Martin Currie Asia Pacific SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price120.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeALC5
Data provided by

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