Fact sheet: OMW Old Mtl North Am Eq

Fund information
Fund name
OMW Old Mutual North American Equity Pn Acc
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Amadeo Alentornsince 01/12/2004
  • Mike Serventsince 01/12/2004
  • Ian Heslopsince 01/12/2004
Underlying fund
Old Mutual North Am Equity
Fund objective
The OMW Old Mutual North American Equity fund invests solely in the Old Mutual North American Equity Fund, a sub fund of Old Mutual Investment Funds Series II, a UK authorised Open Ended Investment Company, managed by Old Mutual Fund Managers Limited. The aim of the underlying fund is to achieve long term capital growth through the active management of a diversified portfolio invested primarily in North American stock markets. 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. 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
Growth
Investment method
Shares
Quick stats
1 Year return
26.4%
1 Year rank in sector
156/309
Sector
PN North America
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.
116
Bid price
242.1
Offer price
254.8
Top in this sector
Fund name1 Year
Canlife North American Pn43.6%
FL Investec American AP39.7%
Zurich Investec American Pn38.8%
FL Investec American EP38.2%
FL Schroder US Mid Cap AP37.9%
...more in PN North America

Performance snapshot

Holdings snapshot

  • North America99.8%
    Money Market0.2%
  • Information Technology21.5%
    Health Care15.2%
    Financials13.5%
    Consumer Discretionary13.2%
    Energy9.2%
  • North American Equities99.8%
    Money Market0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5%8.1%21.3%26.4%67.7%148.3%
Sector3.8%6.3%18.8%25.4%56.9%114.3%
Rank within sector74 / 32179 / 32175 / 320156 / 30938 / 29611 / 269
Quartile1st1st1st3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund26.1%6.4%23.3%38%7.1%
Sector24.1%4.4%18.7%29.2%7%
Rank within sector116 / 30949 / 30413 / 2964 / 284158 / 271
Quartile2nd1st1st1st3rd
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.
1.75
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.
1.04
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.
1.26
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%.
12.48
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.
3.5
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.
0.64
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.
0.92
Price movement
52 week high249.8
52 week low169.6
Current bid price242.1
Current offer price254.8
Current mid price-
Region
1North America99.8%
2Money Market0.2%
Industry sector
1Information Technology21.5%
2Health Care15.2%
3Financials13.5%
4Consumer Discretionary13.2%
5Energy9.2%
6Industrials8.5%
7Consumer Staples7.6%
8Materials6%
9Others3.8%
Asset type
1North American Equities99.8%
2Money Market0.2%
Individual holdings
1ALPHABET INC2.2%
2AMAZON.COM INC2.1%
3BANK OF AMERICA CORP1.9%
4APPLE INC1.8%
5CHEVRON CORP1.8%
6JOHNSON & JOHNSON1.8%
7PHILIP MORRIS INTERNATIONAL INC1.7%
8WAL-MART STORES INC1.6%
9CVS HEALTH CORP1.4%
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 North American Equity fund invests solely in the Old Mutual North American Equity Fund, a sub fund of Old Mutual Investment Funds Series II, a UK authorised Open Ended Investment Company, managed by Old Mutual Fund Managers Limited. The aim of the underlying fund is to achieve long term capital growth through the active management of a diversified portfolio invested primarily in North American stock markets. 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. 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
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Amadeo Alentorn01/12/2004Amadeo 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.
Mike Servent01/12/2004Mike 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.
Ian Heslop01/12/2004Ian 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual North American Equity Pn Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price242.1
Offer price254.8
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA4P2
OMW Old Mutual North American Equity SP Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price273
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA4P3
Data provided by

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