Fact sheet: OMW Old Mtl Fdly MnBdr Inc

Fund information
Fund name
OMW Old Mutual Fidelity Moneybuilder Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Fidelitysince 14/11/2013
Underlying fund
Old Mutual Fid Mny Bdr Inc
Fund objective
The OMW Old Mutual Fidelity MoneyBuilder Income fund invests solely in the Old Mutual Fidelity MoneyBuilder Income fund, a sub fund of Old Mutual Specialist Funds a UK Authorised OEIC managed by Old Mutual Investment Management Limited. The underlying fund seeks to achieve income. The underlying fund will obtain exposure primarily to sterling-denominated (or hedged back to sterling) fixed interest securities. The underlying fund may invest directly in fixed interest securities or may achieve exposure indirectly through the use of derivatives. 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. 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
  • Merrill Lynch Eurosterling Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.7%
1 Year rank in sector
178/259
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£10m (£11m 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.
41
Bid price
209.3
Offer price
220.3
Top in this sector
Fund name1 Year
AEGON Long Core Plus Pn13.4%
MetLife Fid Corp Bd 20yr Pn12.3%
L&G PMC AAAAAA CpBd Ov15Y Id Pn11.3%
OMW IPL L&G AAA CrpBdOv15YIx Pn11.3%
FL TEActv Bln Bd IE11.1%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK60%
    USA12%
    Others9%
    France4.2%
    Netherlands3.6%
  • BBB36.4%
    A25.4%
    Non-Rated19.2%
    AA8.2%
    AAA6.8%
  • UK Fixed Interest60%
    US Fixed Interest12%
    Global Fixed Interest9%
    French Fixed Interest4.2%
    Dutch Fixed Interest3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-6%2.5%5.7%17.5%31.7%
Sector-1.4%-5.1%3.2%6.5%18.1%39.4%
Rank within sector208 / 264229 / 264178 / 264178 / 259126 / 234193 / 209
Quartile4th4th3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund6.7%-0.8%11.9%-1.2%11.1%
Sector7.4%0.2%10.5%1%13.5%
Rank within sector169 / 259214 / 24556 / 234213 / 225181 / 209
Quartile3rd4th1st4th4th
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.
-0.26
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
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.
0.37
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%.
5.48
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.
1.29
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.
-0.2
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.
0.94
Price movement
52 week high222.9
52 week low196.1
Current bid price209.3
Current offer price220.3
Current mid price-
Region
1UK60%
2USA12%
3Others9%
4France4.2%
5Netherlands3.6%
6Luxembourg3.5%
7Cayman Islands2.6%
8Australia2%
9Germany1.3%
Industry sector
1BBB36.4%
2A25.4%
3Non-Rated19.2%
4AA8.2%
5AAA6.8%
6BB3.9%
7B0.3%
8Money Market-0.2%
Asset type
1UK Fixed Interest60%
2US Fixed Interest12%
3Global Fixed Interest9%
4French Fixed Interest4.2%
5Dutch Fixed Interest3.6%
6Luxembourg Fixed Interest3.5%
7American Emerging Fixed Interest2.6%
8Australian Fixed Interest2%
9German Fixed Interest1.3%
Individual holdings
1TREASURY 5% GILT 07/03/18 GBP2.6%
2NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500002.1%
3EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10001.9%
4TREASURY 2% GILT 07/09/25 GBP0.011.8%
5CPUK FINANCE LTD. 7.239% 28-FEB-20241.1%
6KREDITANSTALT FUER WIEDERAUFBAU KFW 6% BDS 7/12/2028 GBP10001.1%
7AA BOND CO LTD 6.269% BDS 31/07/25 GBP1000001%
8ASPIRE DEFENCE FINANCE 4.674% SER`A`GTD SEC BD 31/3/40 GBP500001%
9EUROPEAN INVESTMENT BANK 1% MTN 21/09/26 GBP10001%
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 Fidelity MoneyBuilder Income fund invests solely in the Old Mutual Fidelity MoneyBuilder Income fund, a sub fund of Old Mutual Specialist Funds a UK Authorised OEIC managed by Old Mutual Investment Management Limited. The underlying fund seeks to achieve income. The underlying fund will obtain exposure primarily to sterling-denominated (or hedged back to sterling) fixed interest securities. The underlying fund may invest directly in fixed interest securities or may achieve exposure indirectly through the use of derivatives. 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. 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
  • Merrill Lynch Eurosterling Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Fidelity14/11/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Fidelity Moneybuilder Income 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 price209.3
Offer price220.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJUIQ
OMW Old Mutual Fidelity Moneybuilder Income 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 price248.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJUIR
Data provided by

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