Fact sheet: OMW OM Threadndle Hi Yld Bd

Fund information
Fund name
OMW Old Mutual Threadneedle High Yield Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Threadneedle Asset Management Limitedsince 23/04/2013
Underlying fund
Old Mutual Tndle HiYldBd
Fund objective
The OMW Old Mutual Threadneedle High Yield Bond Fund invests solely in the Old Mutual Threadneedle High Yield Bond Fund, a sub fund of Old Mutual Specialist Funds, a UK Authorised Open Ended Investment Company managed by Old Mutual Investment Management Ltd. The aim of the underlying fund is to achieve income by investing principally in higher risk UK and international fixed interest securities. The underlying fund may also invest in 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 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. 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 data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
4.8%
1 Year rank in sector
53/56
Sector
PN Sterling High Yield
Yield
-
Fund size
£10m (£12m 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.
27
Bid price
291.1
Offer price
306.4
Top in this sector
Fund name1 Year
L&G High Income Pn11.1%
Aviva Invtec M High Inc Pn10.6%
Aviva JPM Gbl HighYldBd Pn10.5%
SIP JPM Gbl Hi Yd Bd Pn10.1%
LV= Investec Monthly Hi Inc Pn9.9%
...more in PN Sterling High Yield

Performance snapshot

Holdings snapshot

  • No data available.
  • Others14.3%
    Media13.4%
    Telecommunications13.4%
    Basic Industries10.6%
    Capital Goods8.2%
  • Global High Yield Fixed Interest99.4%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-1.6%3.2%4.8%15.2%50.1%
Sector-0.7%-0.7%4.6%7.4%14.6%48.8%
Rank within sector22 / 5756 / 5749 / 5753 / 5612 / 4919 / 46
Quartile2nd4th4th4th1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.9%2.5%5%7.6%19.8%
Sector9.2%-0.1%4.4%6.8%19.3%
Rank within sector54 / 569 / 5412 / 4927 / 4921 / 46
Quartile4th1st1st3rd2nd
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.
0.77
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.
0.87
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.
0.43
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%.
3.9
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.
1.42
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.
0.07
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.
0.89
Price movement
52 week high296.9
52 week low264.2
Current bid price291.1
Current offer price306.4
Current mid price-
Region
No data available.
Industry sector
1Others14.3%
2Media13.4%
3Telecommunications13.4%
4Basic Industries10.6%
5Capital Goods8.2%
6Banks8.1%
7Automotive6.1%
8Energy5.9%
9Retail5.3%
Asset type
1Global High Yield Fixed Interest99.4%
2Money Market0.6%
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 Old Mutual Threadneedle High Yield Bond Fund invests solely in the Old Mutual Threadneedle High Yield Bond Fund, a sub fund of Old Mutual Specialist Funds, a UK Authorised Open Ended Investment Company managed by Old Mutual Investment Management Ltd. The aim of the underlying fund is to achieve income by investing principally in higher risk UK and international fixed interest securities. The underlying fund may also invest in 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 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. 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 data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Threadneedle Asset Management Limited23/04/2013
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Threadneedle High Yield Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.97%
Bid price291.1
Offer price306.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9TR
OMW Old Mutual Threadneedle High Yield Bond SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.97%
Bid price-
Offer price-
Mid price343.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9TS
Data provided by

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