Fact sheet: OMW Old Mutl China Eq

Fund information
Fund name
OMW Old Mutual China Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Joshua Crabbsince 22/07/2016
Underlying fund
Old Mutual China Eq
Fund objective
The OMW Old Mutual Greater China Equity fund invests solely in the Old Mutual Greater China Equity fund, a sub-fund of Old Mutual Global Investors Series plc, an Irish authorised Investment Company with Variable Capital, managed by Old Mutual Global Investors (UK) Limited. The underlying fund seeks to achieve long term capital appreciation by investing in a well diversified portfolio of equity securities issued by companies with either the predominant part of their assets in, or the predominant part of their revenues derived from, the People's Republic of China, Hong Kong and Taiwan that are listed, traded or dealt in on Regulated Markets in the People's Republic of China, Hong Kong, Taiwan, the US, Singapore, Korea, Thailand and Malaysia or in a member state of the OECD. 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 value of property is generally a matter of a valuer's opinion rather than fact. In addition, property investments may not be readily saleable, which could lead to constraints on your ability to sell or switch from the fund. 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
  • MSCI Zhong Hua 10/40
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.3%
1 Year rank in sector
164/222
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£0m (£0m 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.
139
Bid price
146.5
Offer price
154.2
Top in this sector
Fund name1 Year
FL GM Asia Pac ExJapan Eq Pn39.8%
LV= Invesco Perp Asian Pn39%
FL Invesco Perpetual Asian AP38.2%
Aviva Invesco Perpetual Asian Pn37.7%
FL Invesco Perp Asian Pn37.5%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China73.4%
    Hong Kong24.4%
    Money Market2.2%
  • Financials27.7%
    Information Technology19%
    Real Estate10.7%
    Health Care9.1%
    Consumer Discretionary8.4%
  • Chinese Equities73.4%
    Hong Kong Equities24.4%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%2.9%26.7%23.3%36.4%50.3%
Sector-3.1%0.9%19.7%25.4%28.4%47%
Rank within sector16 / 22741 / 2255 / 224164 / 22252 / 20981 / 190
Quartile1st1st1st3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund24.7%-2.2%13.2%3.2%5.4%
Sector24%-3.6%8.3%0.7%16.6%
Rank within sector122 / 22266 / 22027 / 20933 / 206190 / 190
Quartile3rd2nd1st1st4th
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.
1.97
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.
1.13
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.
0.47
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%.
18.3
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.
8.49
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.
0.31
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.
0.8
Price movement
52 week high156
52 week low100.5
Current bid price146.5
Current offer price154.2
Current mid price-
Region
1China73.4%
2Hong Kong24.4%
3Money Market2.2%
Industry sector
1Financials27.7%
2Information Technology19%
3Real Estate10.7%
4Health Care9.1%
5Consumer Discretionary8.4%
6Industrials8.3%
7Materials5.8%
8Energy4.7%
9Telecommunications Utilities4.1%
Asset type
1Chinese Equities73.4%
2Hong Kong Equities24.4%
3Money Market2.2%
Individual holdings
1TENCENT HLDGS LIMITED9.4%
2PING AN INSURANCE(GR)CO OF CHINA8.7%
3ALIBABA GROUP HLDG LTD7.7%
4CSPC PHARMACEUTICAL GROUP LTD4.9%
5BRILLIANCE CHINA FINANCE4.8%
6AIA GROUP LTD4.7%
7CHINA RAILWAY CONSTRUCTION CORP4.6%
8CCB ACTIVE4.4%
9CHINA BIOLOGIC PRODUCTS INC4.2%
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 Greater China Equity fund invests solely in the Old Mutual Greater China Equity fund, a sub-fund of Old Mutual Global Investors Series plc, an Irish authorised Investment Company with Variable Capital, managed by Old Mutual Global Investors (UK) Limited. The underlying fund seeks to achieve long term capital appreciation by investing in a well diversified portfolio of equity securities issued by companies with either the predominant part of their assets in, or the predominant part of their revenues derived from, the People's Republic of China, Hong Kong and Taiwan that are listed, traded or dealt in on Regulated Markets in the People's Republic of China, Hong Kong, Taiwan, the US, Singapore, Korea, Thailand and Malaysia or in a member state of the OECD. 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 value of property is generally a matter of a valuer's opinion rather than fact. In addition, property investments may not be readily saleable, which could lead to constraints on your ability to sell or switch from the fund. 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
  • MSCI Zhong Hua 10/40
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Joshua Crabb22/07/2016Josh has been managing Asian equity funds for over 15 years, including roles at BlackRock and Prudential Asset Management. His existing OMGI portfolios (the Old Mutual Asian Equity Income Fund and Old Mutual Pacific Equity Fund) have high exposure to Chinese equities and he is very familiar with the Chinese macroeconomic environment, having been based in Hong Kong since 2001.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual China Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.36%
Bid price146.5
Offer price154.2
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0D4
OMW Old Mutual China Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price161.8
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0D5
Data provided by

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