Fact sheet: OMW Old Mutual UK Opps

Fund information
Fund name
OMW Old Mutual UK Opportunities Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Simon Murphysince 30/09/2011
Underlying fund
Old Mutual UK Opps
Fund objective
The OMW Old Mutual UK Opportunities fund invests solely in the Old Mutual UK Opportunities fund, a sub-fund of Old Mutual Investment Fund 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 deliver an absolute return over rolling 3 year periods. Notwithstanding that the underlying fund is expressed to be an "absolute return" fund, any capital invested is, in fact, at risk. The underlying fund aims to deliver a positive absolute return over rolling 3 year periods, but there is no guarantee that such return will be generated over that specific time period or within another time period. The underlying fund will obtain exposure (either directly or indirectly) principally to UK equities and convertible bonds. 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. The fund aims to deliver positive returns in any market conditions, but returns are not guaranteed. Funds in this sector must clearly state the timeframe over which they aim to meet their stated objective which must not be longer than three years. 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
  • BofE Base Rate
Investment style
Absolute Return,Growth
Investment method
Shares
Quick stats
1 Year return
-11.2%
1 Year rank in sector
845/845
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£4m 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.
44
Bid price
91.8
Offer price
96.6
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-1.4%-5.3%-11.2%-4.9%-
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector859 / 867597 / 864862 / 863845 / 845803 / 807-
Quartile4th3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-12.1%0.3%5.4%--
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector844 / 845633 / 833112 / 808--
Quartile4th4th1st
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.
-1.01
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.
-0.08
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
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%.
5.29
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.
11.59
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.
-0.48
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.
0.02
Price movement
52 week high104.4
52 week low91.9
Current bid price91.8
Current offer price96.6
Current mid price-
Region
1UK100%
Industry sector
1Telecommunications5%
2Health Care3.3%
3Technology2.8%
4Utilities2.1%
5Basic Materials-0.1%
6Oil & Gas-2.6%
7Industrials-2.7%
8Consumer Goods-6.4%
9Consumer Services-9.2%
Asset type
1UK Equities100%
Individual holdings
1VODAFONE GROUP5%
2BRITISH AMERICAN TOBACCO4.1%
3BP4%
4GLAXOSMITHKLINE3.6%
5TESCO CORP3.2%
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 UK Opportunities fund invests solely in the Old Mutual UK Opportunities fund, a sub-fund of Old Mutual Investment Fund 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 deliver an absolute return over rolling 3 year periods. Notwithstanding that the underlying fund is expressed to be an "absolute return" fund, any capital invested is, in fact, at risk. The underlying fund aims to deliver a positive absolute return over rolling 3 year periods, but there is no guarantee that such return will be generated over that specific time period or within another time period. The underlying fund will obtain exposure (either directly or indirectly) principally to UK equities and convertible bonds. 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. The fund aims to deliver positive returns in any market conditions, but returns are not guaranteed. Funds in this sector must clearly state the timeframe over which they aim to meet their stated objective which must not be longer than three years. 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
  • BofE Base Rate
Investment style
Absolute Return,Growth
Investment method
Shares
Fund manager
NameSinceBiography
Simon Murphy30/09/2011Simon Murphy has been the manager of the Old Mutual UK Select Equity Fund since he joined OMAM in March 2008. Prior to joining OMAM, Simon worked for almost 10 years at M&G Investments, spending the last three as the manager of the M&G UK Growth Fund. He is a qualified chartered accountant.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual UK Opportunities Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price91.8
Offer price96.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJM1U
OMW Old Mutual UK Opportunities SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price99.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJM1V
Data provided by

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