Fact sheet: OMW Old Mtl Fid Stgc Bd

Fund information
Fund name
OMW Old Mutual Fidelity Strategic Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Fidelitysince 29/04/2013
Underlying fund
Old Mutual Fid Stgc Bd
Fund objective
The OMW Old Mutual Fidelity Strategic Bond Fund invests solely in the Old Mutual Fidelity Strategic 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 with the possibility of capital growth from a portfolio primarily invested in Sterling-denominated (or hedged back to Sterling) fixed interest securities. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
2.7%
1 Year rank in sector
145/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£8m (£8m 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
171.3
Offer price
180.3
Top in this sector
Fund name1 Year
AXA Wealth AXA Fram Mgd Inc Pn9.1%
Canlife AXA Fram Mgd Inc Pn9%
OMW AXA Framlington Mgd Inc8.3%
FL Artemis Stra Bd AP8.1%
Aviva Art Strategic Bd Pn8%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK44.5%
    USA17.7%
    Continental Europe5.6%
    Canada5.4%
    Australasia5.3%
  • Investment Grade Bonds26.6%
    High Yield Bond22.5%
    Government Bonds16.6%
    Financials10.9%
    Index Linked8.5%
  • UK Fixed Interest44.5%
    US Fixed Interest17.7%
    European Fixed Interest10.6%
    Canadian Fixed Interest5.4%
    Asia Pacific Fixed Interest5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-4%-2.7%14.6%32.1%
Sector-0.6%-1.6%2.7%4.7%12.7%39.1%
Rank within sector164 / 172163 / 172160 / 172145 / 16861 / 155110 / 143
Quartile4th4th4th4th2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund4.4%1%8.7%1.3%12.2%
Sector5.5%0.7%5.6%5.9%15.8%
Rank within sector118 / 16875 / 16319 / 155139 / 151128 / 143
Quartile3rd2nd1st4th4th
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.
0.27
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.
1.09
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.
0.28
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%.
4.03
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.
2
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.
0.3
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.
0.76
Price movement
52 week high178.8
52 week low162.9
Current bid price171.3
Current offer price180.3
Current mid price-
Region
1UK44.46%
2USA17.68%
3Continental Europe5.6%
4Canada5.41%
5Australasia5.28%
6Europe4.96%
7France4.68%
8Latin America4.52%
9Germany4.06%
Industry sector
1Investment Grade Bonds26.57%
2High Yield Bond22.53%
3Government Bonds16.58%
4Financials10.9%
5Index Linked8.45%
6Investment Grade Government Bonds7.36%
7Asset/Mortgage-Backed Securities5.86%
8Money Market1.97%
9Others1.97%
Asset type
1UK Fixed Interest44.46%
2US Fixed Interest17.68%
3European Fixed Interest10.56%
4Canadian Fixed Interest5.41%
5Asia Pacific Fixed Interest5.28%
6French Fixed Interest4.68%
7American Emerging Fixed Interest4.52%
8German Fixed Interest4.06%
9Asia Pacific ex Japan Fixed Interest1.59%
Individual holdings
1TREASURY 5% GILT 07/03/18 GBP8.89%
2ONTARIO(PROVINCE OF) 0.024% BDS 02/06/26 CAD12.89%
3FIL INVESTMENT MANAGEMENT(LUX)SA INSTITUTIONAL EURO HIGH YIELD I EUR ACC1.85%
4NEW ZEALAND 2.5% BDS 20/09/35 NZD10001.65%
5FIDELITY INSTITUTIONAL LIQUIDITY GBP A DIS1.6%
6ONTARIO(PROVINCE OF) 3.45% BDS 02/06/45 CAD10001.3%
7QUEBEC(PROVINCE OF) 2.5% BDS 20/04/26 USD50001.28%
8ARGENTINA(REPUBLIC OF) 18.2% BDS 03/10/21 ARS10001.14%
9FIL INVESTMENT MANAGEMENT(LUX)SA EMERGING MARKETS INFL LKD BD Y USD ACC1.14%
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 Strategic Bond Fund invests solely in the Old Mutual Fidelity Strategic 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 with the possibility of capital growth from a portfolio primarily invested in Sterling-denominated (or hedged back to Sterling) fixed interest securities. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Fidelity29/04/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Fidelity Strategic Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.87%
Bid price171.3
Offer price180.3
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJAUY
OMW Old Mutual Fidelity Strategic Bond SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price195.8
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJAUZ
Data provided by

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