Fact sheet: OMW Old Mutual UK Eq Inc

Fund information
Fund name
OMW Old Mutual UK Equity Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Ed Meiersince 14/12/2016
Underlying fund
Old Mutual UK Equity Income
Fund objective
The OMW Old Mutual UK Equity Income fund invests solely in the Old Mutual UK Equity Income fund, a sub-fund of Old Mutual Investment Funds Series I, a UK authorised Investment Company with Variable Capital managed by Old Mutual Fund Managers Limited. The aim of the underlying fund is to achieve an above average yield with growth in income and capital appreciation over the long term, through the active management of a diversified portfolio invested primarily in UK equities. UK equities are equities of companies the majority of which will either be domiciled in the UK, or which derive a significant proportion of their income from the UK. 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 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. 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
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
7.2%
1 Year rank in sector
220/227
Sector
PN UK Equity Income
Yield
-
Fund size
£2m (£2m 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.
120
Bid price
157.2
Offer price
165.4
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn26.6%
OMW UBS UK Equity Income25.6%
OMW IPLBaGiUkEqFoPn21.4%
OMW IPLBaGiUkEqCoPn19.9%
OMW IPLRWCUkFoPn18.1%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK98.9%
    Money Market1.1%
  • Financials27.7%
    Consumer Services14.9%
    Consumer Goods10%
    Health Care9.6%
    Oil & Gas9%
  • UK Equities98.9%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.2%-1.2%0.8%7.2%16.7%62.1%
Sector-1.7%2.4%4.2%13.2%24.6%62.3%
Rank within sector229 / 229222 / 229204 / 227220 / 227193 / 203109 / 191
Quartile4th4th4th4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.2%4.5%3.2%5.1%29.7%
Sector2.9%11.5%3.9%3.7%23.2%
Rank within sector197 / 229202 / 223157 / 21861 / 20326 / 195
Quartile4th4th3rd2nd1st
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.
-2.46
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.
1.15
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.
0.23
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%.
10.76
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.
4.07
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.
0.87
Price movement
52 week high164.5
52 week low133
Current bid price157.2
Current offer price165.4
Current mid price-
Region
1UK98.9%
2Money Market1.1%
Industry sector
1Financials27.7%
2Consumer Services14.9%
3Consumer Goods10%
4Health Care9.6%
5Oil & Gas9%
6Basic Materials6.7%
7Telecommunications6.7%
8Industrials5.6%
9Utilities5.3%
Asset type
1UK Equities98.9%
2Money Market1.1%
Individual holdings
1GLAXOSMITHKLINE5.4%
2VODAFONE GROUP5.2%
3HSBC HLDGS4.8%
4BP4.5%
5ROYAL DUTCH SHELL4.5%
6BARCLAYS PLC4.4%
7RIO TINTO4.4%
8BRITISH AMERICAN TOBACCO3.9%
9AVIVA3.6%
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 UK Equity Income fund invests solely in the Old Mutual UK Equity Income fund, a sub-fund of Old Mutual Investment Funds Series I, a UK authorised Investment Company with Variable Capital managed by Old Mutual Fund Managers Limited. The aim of the underlying fund is to achieve an above average yield with growth in income and capital appreciation over the long term, through the active management of a diversified portfolio invested primarily in UK equities. UK equities are equities of companies the majority of which will either be domiciled in the UK, or which derive a significant proportion of their income from the UK. 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 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. 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
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ed Meier14/12/2016Ed Meier is UK Technology, Hotel & Leisure and Utilities equity analyst and co-manager of the Schroder UK Select Growth Fund. He joined Schroders in January 2006. Prior to joining Schroders, he worked as a fund manager for BAE Systems Pension Fund from 2002. His investment career commenced in 2000 at Fletcher Advisory as Technology/Strategic consultant. He is a CFA charterholder and holds a Degree in Classics, Oxford University.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual UK Equity Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.17%
Bid price157.2
Offer price165.4
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9M7
OMW Old Mutual UK Equity Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price173.1
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9M8
Data provided by

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