Fact sheet: OMW Old Mtl JPM Natural Res

Fund information
Fund name
OMW Old Mutual JPM Natural Resources Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • JPMorgan Asset Management (UK) Limitedsince 29/04/2013
Underlying fund
Old Mutual JPM Nat Res
Fund objective
The OMW Old Mutual JPM Natural Resources Fund invests solely in the Old Mutual JPM Natural Resources 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 provide capital growth over the long term by investing primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. 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 invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. 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. 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
  • Euromoney Global Mining & Energy Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
75.5%
1 Year rank in sector
23/64
Sector
PN Commodity & Energy
Yield
-
Fund size
£14m (£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.
192
Bid price
198.1
Offer price
208.5
Top in this sector
Fund name1 Year
FL JPM Natural Res AP86.1%
HLL JPM Natural Res Pn85%
Scot Eq JPM Natrl Resrcs Pn85%
FL JPM Natural Res EP84.2%
FL MyM JPM Natural Res Pn83.8%
...more in PN Commodity & Energy

Performance snapshot

Holdings snapshot

  • North America52.3%
    UK26%
    Europe & Middle East10.3%
    Pacific ex-Japan6.7%
    Money Market2.4%
  • Oil & Gas Exploration & Production22.3%
    Other Metals16.8%
    Gold16.4%
    Mineral Extraction16%
    Oil & Gas - Integrated11.5%
  • Commodity & Energy97.6%
    Money Market2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.7%13.7%36%75.5%0.3%-37%
Sector0.1%1.4%18.7%68.1%16.5%-27.4%
Rank within sector31 / 6627 / 6620 / 6523 / 6447 / 6335 / 58
Quartile2nd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund78.8%-33.5%-17%-21%-10%
Sector68%-24.9%-8.9%-25%-8.8%
Rank within sector17 / 6447 / 6353 / 6337 / 6327 / 58
Quartile2nd3rd4th3rd2nd
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.
-3.97
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.
0.97
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.
-0.01
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%.
26.66
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.
11.28
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.
-0.41
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.
0.81
Price movement
52 week high195.7
52 week low93.4
Current bid price198.1
Current offer price208.5
Current mid price-
Region
1North America52.3%
2UK26%
3Europe & Middle East10.3%
4Pacific ex-Japan6.7%
5Money Market2.4%
6Global Emerging Markets2.3%
Industry sector
1Oil & Gas Exploration & Production22.3%
2Other Metals16.8%
3Gold16.4%
4Mineral Extraction16%
5Oil & Gas - Integrated11.5%
6Precious Metals & Stones6.6%
7Others2.8%
8Money Market2.4%
9Iron & Steel Products2%
Asset type
1Commodity & Energy97.6%
2Money Market2.4%
Individual holdings
1RIO TINTO7%
2BHP BILLITON PLC5.7%
3GLENCORE PLC4.3%
4LUNDIN MINING CORP4%
5PIONEER NATURAL RESOURCES CO3.5%
6CHEVRON CORP3.1%
7PAREX RESOURCES INC3.1%
8ROYAL DUTCH SHELL3.1%
9BOLIDEN AB3%
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 JPM Natural Resources Fund invests solely in the Old Mutual JPM Natural Resources 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 provide capital growth over the long term by investing primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. 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 invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors. 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. 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
  • Euromoney Global Mining & Energy Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
JPMorgan Asset Management (UK) Limited29/04/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual JPM Natural Resources Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price198.1
Offer price208.5
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJAVB
OMW Old Mutual JPM Natural Resources SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price229.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJAVC
Data provided by

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