Fact sheet: OMW Old Mutual Global Bond

Fund information
Fund name
OMW Old Mutual Global Bond Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Nick Wallsince 01/08/2016
  • Mark Nashsince 01/08/2016
Underlying fund
Old Mutual Global Bond
Fund objective
The OMW Old Mutual Global Bond fund invests solely in the Old Mutual Global Bond 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 aim of the underlying fund is to seek to achieve asset growth through worldwide investment in a well-diversified portfolio of fixed and variable rate debt securities. 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 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. 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
  • JPM GBI Global Traded Bond Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.5%
1 Year rank in sector
98/135
Sector
PN Global Fixed Interest
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.
84
Bid price
109.2
Offer price
114.9
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn22.8%
Scot Eq AegonIntcEgMtsLclCrDtPn21%
OMW IPL 2035 Idx Lkd Gilt Pn19.9%
Zurich L&G PreRtrmnt Infln Lkd18.6%
FL MyM HBP Blended Bnd Pn18.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Japan23.4%
    USA15.1%
    New Zealand12.2%
    Germany8.9%
    UK8.6%
  • AAA34.7%
    A28.2%
    AA16.7%
    Non-Rated8.9%
    Money Market6%
  • Japanese Fixed Interest23.4%
    US Fixed Interest15.1%
    New Zealand Fixed Interest12.2%
    German Fixed Interest8.9%
    UK Fixed Interest8.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-0.8%-7.1%7.5%18.4%9.3%
Sector-0.3%1.5%-2.9%9.2%19.4%21.8%
Rank within sector131 / 142141 / 14194 / 14198 / 13568 / 11183 / 92
Quartile4th4th3rd3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund-2.3%17.6%-0.4%2.9%-8.8%
Sector0.4%14.1%-0.3%6.1%-3.6%
Rank within sector138 / 14170 / 12787 / 11992 / 10798 / 101
Quartile4th3rd3rd4th4th
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.
-2.74
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.
1.47
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.
0.29
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%.
9.34
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.
4.35
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.
-0.02
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.
0.86
Price movement
52 week high118.6
52 week low100.1
Current bid price109.2
Current offer price114.9
Current mid price-
Region
1Japan23.4%
2USA15.1%
3New Zealand12.2%
4Germany8.9%
5UK8.6%
6Money Market6.6%
7France6.3%
8Others5.9%
9Sweden4.9%
Industry sector
1AAA34.7%
2A28.2%
3AA16.7%
4Non-Rated8.9%
5Money Market6%
6BBB3.1%
7B2.4%
Asset type
1Japanese Fixed Interest23.4%
2US Fixed Interest15.1%
3New Zealand Fixed Interest12.2%
4German Fixed Interest8.9%
5UK Fixed Interest8.6%
6Money Market6.6%
7French Fixed Interest6.3%
8Global Fixed Interest5.9%
9Swedish Fixed Interest4.9%
Individual holdings
1JAPAN GOVERNMENT CPI LINKED 0.1% INFLATION LINKED 10/03/20268.2%
2JAPAN(GOVERNMENT OF) 0.1% BDS 20/09/26 JPY50000 3445.9%
3KFW BANKENGRUPPE 0% MTN 15/09/23 EUR10004.8%
4NEW ZEALAND GOV. 3.0 15/04/20204.3%
5NEW ZEALAND LOCAL GOVT FDG AGENCY 6% BDS 15/12/17 NZD10003.9%
6NEW ZEALAND(GOVERNMENT OF) 6% BDS 15/12/17 NZD100003.9%
7JAPAN(GOVERNMENT OF) 1.6% BDS 20/06/30 JPY1000003.7%
8FRANCE(GOVT OF) 0.1% IDX LKD NTS 01/03/25 EUR13.6%
9AUSTRALIA(COMMONWEALTH OF) 2.75% BDS 21/11/28 AUD10003.5%
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 Global Bond fund invests solely in the Old Mutual Global Bond 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 aim of the underlying fund is to seek to achieve asset growth through worldwide investment in a well-diversified portfolio of fixed and variable rate debt securities. 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 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. 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
  • JPM GBI Global Traded Bond Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Nick Wall01/08/2016
Mark Nash01/08/2016Based in London, Mark is responsible for managing multi-currency global fixed income portfolios for retail and institutional clients and aside from managing portfolios, primarily focuses on emerging local debt analysis and G3 government bond markets (i.e. Columbia, Mexico and Venezuela). Mark’s investment career started when he joined the company in 2001. At that time, his portfolio responsibilities included the management of absolute return mandates that covered a very broad universe of fixed income assets classes. He also worked in the currency team and continues to hold primary currency decision making responsibility for the Invesco Fixed Income investment team. Mark holds a BSc (Honours) degree (2000) in Chemistry from the University of Nottingham and a MSc in Materials Engineering. In 2004, Mark was awarded the Chartered Financial Analyst® (CFA®) designation.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Global Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.32%
Bid price109.2
Offer price114.9
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0C8
OMW Old Mutual Global Bond SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price121
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0C9
Data provided by

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