Fact sheet: OMW M&G Episode Growth

Fund information
Fund name
OMW M&G Episode Growth Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Jenny Rodgerssince 21/01/2011
  • Craig Moransince 25/01/2011
  • Eric Lonergansince 21/01/2011
Underlying fund
M&G Episode Growth
Fund objective
The OMW M&G Episode Growth fund invests solely in the M&G Episode Growth fund, a sub fund of M&G Investment Funds (4), a UK authorised OEIC managed by M&G Securities Limited. The underlying fund aims to maximise total return (the combination of income and growth of capital) by investing in transferable securities, fixed income assets (including, but not limited to, corporate bonds and government and public securities), warrants, money market instruments, deposits, cash and near cash. 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. The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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 adjustment and the OMW investment process.
Benchmark
  • FTSE World
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
3.2%
1 Year rank in sector
759/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£1m (£1m 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.
97
Bid price
145.6
Offer price
153.2
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.5%
FL My Ftr Adv Gth XE/IE Pn21.6%
Scot Eq Ext Bal Coll (ex MLC) Pn20%
FL Tailored Adventurous Pfl Pn19.2%
FL My Ftr Advantage Gth Pn18.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • USA17.9%
    Money Market14.8%
    Europe14.7%
    Not Specified13%
    Japan12.4%
  • Equities75.4%
    Money Market14.8%
    Corporate Bonds12.3%
    Mutual Funds0.7%
    Government Bonds-3.2%
  • US Equities21%
    Money Market14.8%
    European Equities14.7%
    Japanese Equities12.4%
    Global Corporate Fixed Interest12.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%1.8%9.1%3.2%14.8%39.9%
Sector-0.9%-1.2%7.9%10.1%20.9%47.1%
Rank within sector3 / 91331 / 912384 / 894759 / 795608 / 692502 / 595
Quartile1st1st2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund4.7%4.9%3%12.8%10.3%
Sector9.9%2.2%5.7%13.1%9.9%
Rank within sector746 / 80085 / 753599 / 692407 / 661296 / 596
Quartile4th1st4th3rd2nd
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.
-3.26
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.
1.21
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.
0.05
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%.
10.84
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.
6.8
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.
-0.33
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.
0.62
Price movement
52 week high146.3
52 week low116.4
Current bid price145.6
Current offer price153.2
Current mid price-
Region
1USA17.9%
2Money Market14.8%
3Europe14.7%
4Not Specified13%
5Japan12.4%
6UK11%
7Asia Pacific ex Japan9.8%
8International6.4%
Industry sector
1Equities75.4%
2Money Market14.8%
3Corporate Bonds12.3%
4Mutual Funds0.7%
5Government Bonds-3.2%
Asset type
1US Equities21%
2Money Market14.8%
3European Equities14.7%
4Japanese Equities12.4%
5Global Corporate Fixed Interest12.3%
6UK Equities11%
7Asia Pacific ex Japan Equities9.8%
8International Equities5%
9Other International Equities1.5%
Individual holdings
No data available.
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW M&G Episode Growth fund invests solely in the M&G Episode Growth fund, a sub fund of M&G Investment Funds (4), a UK authorised OEIC managed by M&G Securities Limited. The underlying fund aims to maximise total return (the combination of income and growth of capital) by investing in transferable securities, fixed income assets (including, but not limited to, corporate bonds and government and public securities), warrants, money market instruments, deposits, cash and near cash. 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. The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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 adjustment and the OMW investment process.
Benchmark
  • FTSE World
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Jenny Rodgers21/01/2011Jenny Rodgers joined Prudential Portfolio Managers (now M&G) in 1994, initially analysing European equity markets and acting as a portfolio manager for external clients. She has been part of what is today the Macro & Multi Asset Investment team since it was established in 1999. In January 2011, Jenny was appointed co-manager of the M&G Episode Growth Fund, and in September 2016 took over the management of one of M&G’s charity funds, the National Association of Almshouses Common Investment Fund. Jenny is a Chartered Financial Analyst and has a BA Honours in Economics from Exeter University.
Craig Moran25/01/2011Craig Moran was appointed co-manager of the M&G Prudent Allocation Fund on launch in April 2015. He has also been deputy fund manager on the M&G Managed Growth Fund since 2013 and on the M&G Episode Allocation Fund and the M&G Dynamic Allocation Fund since 2011. Craig joined M&G in 2005 as a performance and risk analyst and was later promoted as a fund managers' assistant to the Multi Asset team. In 2010, he became the team's investment analyst. Craig holds a bachelor of business degree from Queensland University of Technology and a masters in applied finance and investments from the Financial Services Institute of Australasia. He is a CFA charterholder.
Eric Lonergan21/01/2011Eric Lonergan joined M&G in 2006 as a member of Dave Fishwick’s Multi Asset team and is manager of the M&G Episode Defensive Fund since launch in September 2012. He is also co-manager of the M&G Episode Macro Fund and the M&G Episode Growth Fund. Prior to joining M&G, Eric was managing director and head of macro research at JP Morgan Cazenove. He has a BA in politics, philosophy and economics from Pembroke College, Oxford, and an MSc in economics from the London School of Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW M&G Episode Growth Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.42%
Bid price145.6
Offer price153.2
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCVE1
OMW M&G Episode Growth SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price163
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCVE2
Data provided by

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