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
21.1%
1 Year rank in sector
253/256
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.
157
Bid price
94.3
Offer price
99.2
Top in this sector
Fund name1 Year
Baillie Gifford Emerging Mkts Pn57.9%
Zurich Bail Giff EgMkt EqPn56.9%
FL BG EmgMkts Ldng Cos EP56%
LV= Jupiter India Pn55.4%
OMW IPL IFDSHdsnRwFTSERAFIEMPn54.5%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa63.4%
    Money Market7.9%
    UK6%
    Morocco4.6%
    Egypt3.7%
  • Financials23.9%
    Consumer Staples19.5%
    Consumer Discretionary18.3%
    Materials16.4%
    Health Care12.5%
  • South African Equities63.4%
    African Equity13.6%
    Money Market7.9%
    UK Equities6%
    Egyptian Equity3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-4.6%3.4%21.1%--
Sector1%1%11.7%38.7%34%49.1%
Rank within sector222 / 263244 / 263249 / 262253 / 256--
Quartile4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%25.3%---
Sector8.4%31.9%-8.5%3%-3.4%
Rank within sector246 / 263206 / 252---
Quartile4th4th
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 low75.9
Current bid price94.3
Current offer price99.2
Current mid price-
Region
1South Africa63.4%
2Money Market7.9%
3UK6%
4Morocco4.6%
5Egypt3.7%
6Kenya3.4%
7Botswana2.3%
8Germany2.2%
9Mauritius2.1%
Industry sector
1Financials23.9%
2Consumer Staples19.5%
3Consumer Discretionary18.3%
4Materials16.4%
5Health Care12.5%
6Money Market7.9%
7Utilities0.9%
8Industrials0.6%
Asset type
1South African Equities63.4%
2African Equity13.6%
3Money Market7.9%
4UK Equities6%
5Egyptian Equity3.7%
6German Equities2.2%
7Middle East & African Equities1.7%
8International Equities1.5%
Individual holdings
1NASPERS9.1%
2BARCLAYS AFRICA GROUP LTD7.6%
3NETCARE LTD5.6%
4ASPEN PHARMACARE HLDGS5.5%
5SASOL5.2%
6MONDI LTD4.8%
7REMGRO4.7%
8SHOPRITE HOLDINGS4.7%
9FIRSTRAND3.8%
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)1.7%
Bid price94.3
Offer price99.2
Mid price-
CurrencyGBX
Price updated19/05/2017
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)1.7%
Bid price-
Offer price-
Mid price101
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2CS
Data provided by

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