Fact sheet: OMW OMGlEqIn(IRL)

Fund information
Fund name
OMW Old Mutual Global Equity Income (IRL) Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Amadeo Alentornsince 30/07/2015
  • Ian Heslopsince 30/07/2015
  • Mike Serventsince 30/07/2015
Underlying fund
Old Mutual Gbl Eq Inc
Fund objective
The OMW Old Mutual Global Equity Income (IRL) fund invests solely in the Old Mutual Global Equity Income (IRL) fund, a sub fund of Old Mutual Global Investors Series plc, an Irish authorised Open Ended Investment Company managed by Old Mutual Global Investors (UK) Limited. The aim of the underlying fund is to seek to achieve a total return through a combination of income and capital growth. The underlying fund will invest in a diversified portfolio of predominantly equities of issuers worldwide. 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. 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. The underlying fund is a new fund. If it does not reach a target size outlined by the Fund Group, the fund's investment charges and costs may become a higher proportion of the fund than expected, reducing the value of your investment. 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
Growth
Investment method
Shares, Feeder fund
Quick stats
1 Year return
24.2%
1 Year rank in sector
128/961
Sector
PN Global Equities
Yield
-
Fund size
£2m (£2m last year)
Bid price
120.6
Offer price
126.9
Top in this sector
Fund name1 Year
LV= M&G Global Div Pn32.3%
OMW IPL M&G Global Dividend Pn32.3%
AXA Wealth Sch ISF Gbl Recv Pn32.2%
Stan Life M&G Global Dividend Pn31.7%
Aviva M&G Global Div Pn31.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA48.5%
    Others19.4%
    Japan7.8%
    Canada3.9%
    Switzerland3.2%
  • Financials17%
    Information Technology16.5%
    Consumer Discretionary10.3%
    Health Care9.4%
    Energy8.8%
  • US Equities48.5%
    International Equities19.4%
    Japanese Equities7.8%
    Canadian Equities3.9%
    Swiss Equities3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%5.7%17.9%24.2%--
Sector-0.1%1.5%13.3%17.2%33%74.2%
Rank within sector299 / 103955 / 1035146 / 1025128 / 961--
Quartile2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund23.9%----
Sector16.3%3.7%7.8%21.4%11.2%
Rank within sector85 / 963----
Quartile1st
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 high124.3
52 week low86.9
Current bid price120.6
Current offer price126.9
Current mid price-
Region
1USA48.5%
2Others19.4%
3Japan7.8%
4Canada3.9%
5Switzerland3.2%
6UK3.1%
7France3%
8Money Market2.6%
9China2.5%
Industry sector
1Financials17%
2Information Technology16.5%
3Consumer Discretionary10.3%
4Health Care9.4%
5Energy8.8%
6Industrials7.5%
7Materials7.2%
8Consumer Staples6.9%
9Others5.5%
Asset type
1US Equities48.5%
2International Equities19.4%
3Japanese Equities7.8%
4Canadian Equities3.9%
5Swiss Equities3.2%
6UK Equities3.1%
7French Equities3%
8Money Market2.6%
9Chinese Equities2.5%
Individual holdings
1JOHNSON & JOHNSON1.3%
2EXXON MOBIL CORP1.2%
3ALPHABET INC1.1%
4AT&T INC1.1%
5APPLE INC1%
6CHEVRON CORP1%
7PFIZER INC1%
8PHILIP MORRIS INTERNATIONAL INC0.9%
9TOTAL SA0.8%
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 Global Equity Income (IRL) fund invests solely in the Old Mutual Global Equity Income (IRL) fund, a sub fund of Old Mutual Global Investors Series plc, an Irish authorised Open Ended Investment Company managed by Old Mutual Global Investors (UK) Limited. The aim of the underlying fund is to seek to achieve a total return through a combination of income and capital growth. The underlying fund will invest in a diversified portfolio of predominantly equities of issuers worldwide. 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. 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. The underlying fund is a new fund. If it does not reach a target size outlined by the Fund Group, the fund's investment charges and costs may become a higher proportion of the fund than expected, reducing the value of your investment. 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
Growth
Investment method
Shares, Feeder fund
Fund managers
NameSinceBiography
Amadeo Alentorn30/07/2015Amadeo Alentorn is a part of the Quantitative Strategies desk, where they run a variety of mandates, ranging from global equity market neutral hedge funds to regional long only equity funds. His current role mainly consists of managing the research team, and conducting research into new ideas and models. As part of his role he also get involved in portfolio management and client meetings. One great thing about our team is the close interaction between research, portfolio management and systems, which enables them to gain exposure to the entire quantitative investing life cycle, from idea generation to research, implementation and trading. Overall, it's a very enjoyable and stimulating work environment. He joined OMAM in 2005, while finishing his PhD in Computational Finance at CCFEA, in the University of Essex. Coming from an academic background, one aspect that attracted him to OMAM's Quantitative Strategies team was its rigorous approach to research and the close links with academia, which gives him the opportunity to work alongside some of the top professors in finance. Prior to his career at OMAM, he collaborated with the Bank of England in several research projects, and worked for four years in software development. He have a BEng in Robotics from the University of Plymouth and an MSc in Computer Science from the University of Essex.
Ian Heslop30/07/2015Ian became the manager of Global Technology at Old Mutual Asset Managers (OMAM) in January 2002. Prior to this he was US Technology and Biotechnology Fund Manager at Gerrard. He joined the company in 2000 from Barclays Global Investors where he was UK Quantitative Fund Manager. Ian has a degree in Chemistry from Oxford University and a Ph.D. in Medicinal Chemistry from Edinburgh University.
Mike Servent30/07/2015Mike joined the Global Equity team at Old Mutual Global Investors in November 2004. He is a fund manager, and as Head of Systems is responsible for maintaining the investment platform and systems employed by the team. Prior to joining Old Mutual Global Investors, he was a senior consultant at Barra International, specialising in the implementation of multi-asset class risk systems. Prior to this he spent five years with COR Risk Solutions, developing financial modelling software. Mike has over 14 years of experience in the industry.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Global Equity Income (IRL) Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.09%
Bid price120.6
Offer price126.9
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMOUI
OMW Old Mutual Global Equity Income (IRL) SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price128.1
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMOUJ
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