Fact sheet: OMW M&G Global Div

Fund information
Fund name
OMW M&G Global Dividend Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Alex Araujosince 31/03/2016
  • Stuart Rhodessince 17/07/2008
  • John Weaverssince 01/01/2016
Underlying fund
M&G Global Dividend
Fund objective
The OMW M&G Global Dividend fund invests solely in the M&G Global Dividend fund, a UK authorised Open Ended Investment Company managed by M&G Securities Limited.The underlying fund aims to deliver a dividend yield above the market average, by investing mainly in a range of global equities. The underlying fund aims to grow distributions over the long term whilst also maximising total return (the combination of income and growth of capital).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.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
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
29.6%
1 Year rank in sector
4/961
Sector
PN Global Equities
Yield
-
Fund size
£11m (£14m 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.
120
Bid price
275.7
Offer price
290.2
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn32.8%
L&G M&G Global Dividend Pn30%
Aviva M&G Global Div Pn29.7%
OMW M&G Global Div29.6%
OMW IPL M&G Global Dividend Pn29.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA53.6%
    UK14.2%
    Canada11.4%
    Australia4.8%
    Denmark2.7%
  • Financials17.2%
    Consumer Discretionary15.1%
    Materials14.2%
    Consumer Staples12.6%
    Health Care12.2%
  • US Equities53.6%
    UK Equities14.2%
    Canadian Equities11.4%
    Australian Equities4.8%
    Danish Equities2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%7.5%21.7%29.6%23.9%68.7%
Sector-2.2%2.3%13.9%16.1%31.7%75.5%
Rank within sector182 / 103927 / 103525 / 10254 / 961650 / 849523 / 746
Quartile1st1st1st1st4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund30.5%-7.3%2.6%21.8%12%
Sector16.6%3.7%7.8%21.4%11.2%
Rank within sector12 / 963894 / 921756 / 849466 / 820388 / 752
Quartile1st4th4th3rd3rd
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.
-4.22
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.
1.25
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.
0.29
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%.
13.95
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.
6.44
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.
-0.34
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.
0.82
Price movement
52 week high284.4
52 week low189.2
Current bid price275.7
Current offer price290.2
Current mid price-
Region
1USA53.56%
2UK14.25%
3Canada11.41%
4Australia4.83%
5Denmark2.72%
6Switzerland2.58%
7Money Market2.48%
8Finland2.3%
9South Africa2.27%
Industry sector
1Financials17.17%
2Consumer Discretionary15.08%
3Materials14.2%
4Consumer Staples12.57%
5Health Care12.23%
6Energy11.81%
7Information Technology11.16%
8Industrials3.3%
9Money Market2.48%
Asset type
1US Equities53.56%
2UK Equities14.25%
3Canadian Equities11.41%
4Australian Equities4.83%
5Danish Equities2.72%
6Swiss Equities2.58%
7Money Market2.48%
8Finnish Equities2.3%
9South African Equities2.27%
Individual holdings
1METHANEX CORP7.4%
2BRITISH AMERICAN TOBACCO6.65%
3LAS VEGAS SANDS CORP5.08%
4BROADCOM CORP4.38%
5GIBSON ENERGY INC4.19%
6PEMBINA PIPELINE CORP4.04%
7WELLS FARGO & CO3.84%
8MICROSOFT CORP3.77%
9GALLAGHER (ARTHUR J) & CO3.66%
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 Global Dividend fund invests solely in the M&G Global Dividend fund, a UK authorised Open Ended Investment Company managed by M&G Securities Limited.The underlying fund aims to deliver a dividend yield above the market average, by investing mainly in a range of global equities. The underlying fund aims to grow distributions over the long term whilst also maximising total return (the combination of income and growth of capital).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.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
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alex Araujo31/03/2016Alex Araujo was appointed co-deputy fund manager of the M&G Global Dividend Fund in April 2016. Alex joined M&G in July 2015 as an embedded analyst with the Income team and has more than 20 years of experience in the financial markets. He was previously at Bank of Montreal where he specialised in US and Canadian equities. Alex graduated from the University of Toronto with an MA in economics and is a CFA charterholder.
Stuart Rhodes17/07/2008Stuart Rhodes has been the manager of the M&G Global Dividend Fund since its launch in July 2008. He was appointed deputy manager of the M&G North American Dividend Fund in April 2015. Stuart joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. He is a CFA charterholder.
John Weavers01/01/2016John Weavers has been the manager of the M&G North American Dividend Fund since April 2015. In January 2016, he was appointed deputy fund manager of the M&G Global Dividend Fund before being joined by Alex Araujo as co-deputy fund manager in April 2016. Prior to April 2015, John was deputy manager of the M&G Pan European Dividend Fund and the M&G Dividend Fund for two years. John joined M&G as a graduate in 2007 and worked as an analyst in the Equity Research team before joining the Income team in January 2012. He graduated from Oxford University with an honours degree in politics, philosophy and economics and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW M&G Global Dividend Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price275.7
Offer price290.2
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDLM4
OMW M&G Global Dividend SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price308.4
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDLM5
Data provided by

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