Fact sheet: OMW Old Mutual Japanese Eq

Fund information
Fund name
OMW Old Mutual Japanese Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Robert Weatherstonsince 17/06/2016
Underlying fund
Old Mutual Japanese Eq
Fund objective
The OMW Old Mutual Japanese Equity (IRL) fund invests solely in the Old Mutual Japanese 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 asset growth through investment in a well-diversified portfolio of securities of Japanese issuers or of issuers established outside Japan which have a predominant proportion of their assets or business operations in Japan. It is not proposed to concentrate investments in any one industry or sector. 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, 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 adjustment and the OMW investment process.
Benchmark
  • Topix
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
27.7%
1 Year rank in sector
90/192
Sector
PN Japan
Yield
-
Fund size
£1m (£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.
119
Bid price
160.4
Offer price
168.8
Top in this sector
Fund name1 Year
OMW M&G Japan Smaller Cos46.3%
Wesleyan Japanese Sh Pn42.9%
Pru Japan Pn40.2%
Pru FRIA M&G Japan Pn39.4%
OMW Henderson Jap Opp38.9%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan97.2%
    Money Market2.8%
  • Industrials24.6%
    Consumer Discretionary17.9%
    Information Technology16.1%
    Financials11.7%
    Materials8.1%
  • Japanese Equities97.2%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%-1.4%1.6%27.7%54.4%74.7%
Sector-1.8%0.4%0.6%27%63.7%88.9%
Rank within sector193 / 197178 / 19644 / 19690 / 192163 / 180159 / 173
Quartile4th4th1st2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.9%21.9%14.1%-2.3%28.1%
Sector2.2%23.8%15.7%1.5%26.2%
Rank within sector92 / 196157 / 189141 / 187162 / 18056 / 177
Quartile2nd4th4th4th2nd
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.
-1.93
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.
0.93
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%.
13.33
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.
3.62
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.
-0.37
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 high170.1
52 week low121
Current bid price160.4
Current offer price168.8
Current mid price-
Region
1Japan97.2%
2Money Market2.8%
Industry sector
1Industrials24.6%
2Consumer Discretionary17.9%
3Information Technology16.1%
4Financials11.7%
5Materials8.1%
6Health Care5.7%
7Others5.3%
8Telecommunications Utilities5%
9Money Market2.8%
Asset type
1Japanese Equities97.2%
2Money Market2.8%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP4.7%
2MIZUHO FINANCIAL GROUP3.6%
3SOFTBANK GROUP CORP3.4%
4KEYENCE CORP2.8%
5SHIN-ETSU CHEMICAL CO2.7%
6MITSUI & CO2.5%
7DAIKIN INDUSTRIES2.2%
8LIXIL GROUP CORP2.2%
9T&D HOLDINGS INC2.2%
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 Japanese Equity (IRL) fund invests solely in the Old Mutual Japanese 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 asset growth through investment in a well-diversified portfolio of securities of Japanese issuers or of issuers established outside Japan which have a predominant proportion of their assets or business operations in Japan. It is not proposed to concentrate investments in any one industry or sector. 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, 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 adjustment and the OMW investment process.
Benchmark
  • Topix
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Robert Weatherston17/06/2016Robert Weatherston, CFA, is a Director and portfolio manager, is a member of the Fundamental Equity division of BlackRock's Portfolio Management Group. He is a portfolio manager for BlackRock's Asian Equity team and is responsible for managing the Pacific Equity portfolios and Japan Value portfolios. Mr. Weatherston's service with the firm dates back to 1996, including his years with Merrill Lynch Investment Management (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Weatherston was a fund manager overseeing the Japan Value and International Value portfolios. Mr. Weatherston earned an MA degree, with first class honours, in geography from Cambridge University in 1996.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Japanese Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price160.4
Offer price168.8
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0D7
OMW Old Mutual Japanese Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price177.7
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0D8
Data provided by

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