Fact sheet: OMW M&G PP Lg Dted Corp Bd Pn

Fund information
Fund name
OMW IPL M&G PP Long Dated Corporate Bond Pn
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund managers
  • Jamie Hamiltonsince 30/04/2001
  • Mark Ellissince 04/02/1998
Underlying fund
M&G PP Long Dated Corporate Bond Pn
Fund objective
To invest mainly in high quality sterling corporate bonds with over 15 years to go until their maturity. The Fund is actively managed against its performance benchmark of the iBoxx Sterling Over 15 Years Non - Gilts Index. The Fund may also hold UK government gilts and derivatives (such as options and swaps) together with limited amounts of non-sterling and high yield corporate bonds where this may prove beneficial in the shorter term.
Benchmark
  • iBoxx GBP Non Gilt Index >15 yrs
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.9%
1 Year rank in sector
10/117
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£0m
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.
89
Top in this sector
Fund name1 Year
Ignis Standard Lg Gilt Pn28%
Stan Life L&G Ov15Yr IL GltIdx Pn22.5%
Pru Sup Lg Idx Lkd Pn18.2%
M&G PP Super Long Index Linked Pn18.1%
M&G PP Long Dated Corporate Bond Pn15.7%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-10.3%6.9%14.9%--
Sector-2.5%-9.9%4%12.6%38.3%47%
Rank within sector18 / 11738 / 1196 / 11810 / 117--
Quartile1st2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund19.2%-2.4%---
Sector14.3%0%21.3%-4.3%6.5%
Rank within sector5 / 118108 / 110---
Quartile1st4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high1.45
52 week low1.06
Current bid price-
Current offer price-
Current mid price1.28
Region
1UK99.8%
2Money Market0.2%
Industry sector
1A37.5%
2BBB35.8%
3AA18.6%
4BBB-4.2%
5AAA3.7%
6Money Market0.2%
Asset type
1UK Corporate Fixed Interest99.8%
2Money Market0.2%
Individual holdings
No data available.
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wealth Inst
Fund type
Pension Fund
Fund objective
To invest mainly in high quality sterling corporate bonds with over 15 years to go until their maturity. The Fund is actively managed against its performance benchmark of the iBoxx Sterling Over 15 Years Non - Gilts Index. The Fund may also hold UK government gilts and derivatives (such as options and swaps) together with limited amounts of non-sterling and high yield corporate bonds where this may prove beneficial in the shorter term.
Benchmark
  • iBoxx GBP Non Gilt Index >15 yrs
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jamie Hamilton30/04/2001Jamie Hamilton joined M&G in 2001 as a fund manager in the fixed income team managing a range of institutional corporate bond funds. Prior to joining M&G, Jamie worked for Dresdner RCM Global Investors as a fixed income fund manager, managing corporate bond funds. Jamie graduated from Newcastle University with a degree in economics and is a chartered financial analyst (CFA) charterholder.
Mark Ellis04/02/1998Mark joined M&G Investments in 2007 and works as a fund manager in the institutional portfolio management team. Prior to this he worked in fixed income for RAB Capital, Cambridge Place Investment Management and Deutsche Bank. Mark graduated from the University of Auckland, New Zealand with a Bachelor of Commerce and Bachelor of Property. Mark is a CFA charterholder and a chartered management accountant.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW IPL M&G PP Long Dated Corporate Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2775
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKO5L
Data provided by

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