Fact sheet: OMW M&G Managed Growth

Fund information
Fund name
OMW M&G Managed Growth Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • David Fishwicksince 31/08/2015
  • Craig Moransince 01/11/2013
Underlying fund
M&G Managed Growth
Fund objective
The OMW M&G Managed Growth fund invests solely in the M&G Managed 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 achieve long term capital growth investing predominantly in collective investment schemes in order to provide a well-diversified exposure to global equities. 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 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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
26.4%
1 Year rank in sector
70/961
Sector
PN Global Equities
Yield
-
Fund size
£9m (£9m 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.
101
Bid price
226.2
Offer price
238.1
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA42.3%
    Japan10.5%
    UK9%
    Money Market5%
    Germany4.4%
  • Financials29.6%
    Industrials13.7%
    Consumer Goods10.2%
    Technology8.8%
    Health Care8.1%
  • US Equities42.3%
    Japanese Equities10.5%
    UK Equities9%
    Money Market5%
    German Equities4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%7.6%24.8%26.4%28%38.1%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector30 / 103938 / 10359 / 102570 / 961548 / 848722 / 745
Quartile1st1st1st1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund26.3%-1.5%3%1.8%7.4%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector72 / 963842 / 921732 / 849812 / 820672 / 752
Quartile1st4th4th4th4th
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.
-4.39
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.
1.16
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.
0.3
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%.
12.28
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.
4.15
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.
-0.71
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.
0.9
Price movement
52 week high226.6
52 week low157.9
Current bid price226.2
Current offer price238.1
Current mid price-
Region
1USA42.28%
2Japan10.47%
3UK9.01%
4Money Market5.04%
5Germany4.44%
6Hong Kong3.69%
7Korea2.78%
8Switzerland2.55%
9Taiwan2.49%
Industry sector
1Financials29.56%
2Industrials13.69%
3Consumer Goods10.21%
4Technology8.82%
5Health Care8.11%
6Others7.09%
7Consumer Services6.41%
8Basic Materials5.29%
9Money Market5.04%
Asset type
1US Equities42.28%
2Japanese Equities10.47%
3UK Equities9.01%
4Money Market5.04%
5German Equities4.44%
6Hong Kong Equities3.69%
7South Korean Equities2.78%
8Swiss Equities2.55%
9Taiwanese Equities2.49%
Individual holdings
1M&G GLOBAL SELECT FUND11.28%
2SOURCE FINANCIAL S&P US SECTOR10.61%
3M&G EUROPEAN SELECT A INC GBP10.34%
4M&G MACRO EPISODE FUND9.76%
5M&G JAPAN A INC GBP9.42%
6M&G GLOBAL EMERGING MARKETS A ACC GBP9.09%
7M&G NORTH AMERICAN VALUE A INC GBP8.75%
8M&G ASIAN C ACC EUR6.38%
9M&G PAN EUROPEAN DIVIDEND A ACC GBP5.71%
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 Managed Growth fund invests solely in the M&G Managed 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 achieve long term capital growth investing predominantly in collective investment schemes in order to provide a well-diversified exposure to global equities. 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 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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
David Fishwick31/08/2015David Fishwick is Head of Macro and Equities Investment at M&G Investments and co-fund manager of the M&G Episode Macro Fund. Dave has more than 20 years of investment management experience, having joined Prudential Portfolio Managers (now M&G Investments) in 1987 as a European economist and subsequently being responsible for forming views on global bond and currency markets and applying them to multi-asset funds. In 1994, Dave relocated to Australia where he was appointed head of fixed interest and asset allocation strategy in 1997. During that time, he developed his ideas on market behaviour and designed the strategy, philosophy and process implemented for an overlay mandate for the Prudential Life Fund upon his return to Europe in 1999. In light of the success of this mandate, the M&G Episode Macro Fund was launched in 2010, which follows the same strategy. Dave has a BSc in economics from Brunel University, London. Eric Lonergan joined M&G in 2006 as a member of Dave Fishwick's multi asset team. Eric is currently manager of the M&G Episode Defensive Fund, launched in September 2012, as well as co-manager of the M&G Episode Macro Fund, launched in 2010. 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.
Craig Moran01/11/2013Craig 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW M&G Managed Growth Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.34%
Bid price226.2
Offer price238.1
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSP59
OMW M&G Managed Growth SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price270.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS56
Data provided by

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