Fact sheet: OMW Old Mutual Pan African

Fund information
Fund name
OMW Old Mutual Pan African Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Cavan Osbornesince 03/11/2014
Underlying fund
Old Mutual Pan African
Fund objective
The OMW Old Mutual Pan African fund invests solely in the Old Mutual Pan African 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 long term capital growth by investing in companies that directly benefit from long term economic growth opportunities in the African continent. 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 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. This is a new underlying fund. If it does not reach a target size outlined by the Fund Group, the underlying investment charges and costs may become a higher proportion of the fund than expected, reducing the value of your investment. 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
  • MSCI Emerging Frontier Markets Africa
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
17.2%
1 Year rank in sector
253/266
Sector
PN Global Emerging Markets
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.
152
Bid price
90.7
Offer price
95.4
Top in this sector
Fund name1 Year
OMW IPL IFDSHdsnRwFTSERAFIEMPn53.4%
AXA Wealth Aber LatAm Eq Pn49.8%
Zurich Jupiter Emg Eurp Opp Pn47.6%
Canlife Jup Emg Eurpn Opps Pn45.5%
SIP Jup Emg Eurpn Opps Pn44.4%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa64.8%
    Egypt9.5%
    UK4%
    Botswana3.3%
    Money Market3%
  • Financials28.7%
    Consumer Discretionary16.8%
    Health Care16%
    Consumer Staples15.1%
    Materials8.6%
  • South African Equities64.8%
    Egyptian Equity9.5%
    African Equity9.2%
    UK Equities5.7%
    Money Market3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.5%-2.7%9.5%17.2%--
Sector-4.7%-0.8%19%28.8%21.1%28.2%
Rank within sector108 / 274200 / 273263 / 270253 / 266--
Quartile2nd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund19.3%----
Sector28.8%-8.5%3%-3.4%13.2%
Rank within sector244 / 267----
Quartile4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high100.9
52 week low68.7
Current bid price90.7
Current offer price95.4
Current mid price-
Region
1South Africa64.8%
2Egypt9.51%
3UK3.98%
4Botswana3.3%
5Money Market3%
6Morocco2.81%
7Others2.81%
8Kenya2.13%
9Tanzania1.94%
Industry sector
1Financials28.7%
2Consumer Discretionary16.8%
3Health Care16%
4Consumer Staples15.1%
5Materials8.6%
6Telecommunications Utilities3.9%
7Energy3.7%
8Industrials3.2%
9Money Market3%
Asset type
1South African Equities64.8%
2Egyptian Equity9.51%
3African Equity9.21%
4UK Equities5.73%
5Money Market3%
6International Equities2.81%
7Middle East & African Equities1.94%
8Luxembourg Equities1.75%
9US Equities1.26%
Individual holdings
1NASPERS9.5%
2BARCLAYS AFRICA GROUP LTD7.5%
3NETCARE LTD5.9%
4ASPEN PHARMACARE HLDGS5.5%
5REMGRO4.8%
6MONDI LTD4.1%
7SASOL3.7%
8FIRSTRAND3.5%
9SECHABA BREWERY HLDGS3.4%
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 Pan African fund invests solely in the Old Mutual Pan African 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 long term capital growth by investing in companies that directly benefit from long term economic growth opportunities in the African continent. 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 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. This is a new underlying fund. If it does not reach a target size outlined by the Fund Group, the underlying investment charges and costs may become a higher proportion of the fund than expected, reducing the value of your investment. 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
  • MSCI Emerging Frontier Markets Africa
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Cavan Osborne03/11/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual Pan African Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price90.7
Offer price95.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2CR
OMW Old Mutual Pan African SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price96.7
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2CS
Data provided by

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