Fact sheet: OMW Premier Monthly Inc

Fund information
Fund name
OMW Premier Monthly Income Pn A
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Chris Whitesince 01/12/2010
Underlying fund
Premier Monthly Income
Fund objective
The OMW Premier Monthly Income Fund invests solely in the Premier Monthly Income Fund, a sub-fund of the Premier Income Funds ICVC, a UK Authorised Open-Ended Investment Company, managed by Premier Portfolio Managers Ltd. The aim of the underlying fund is to provide a reasonable level of income payable in monthly instalments with the prospect of rising income and capital growth by investing primarily in UK listed companies, but it may also invest in companies overseas, in companies quoted on the Alternative Investment Market and in higher yielding equities, convertibles, preference shares and fixed interest stocks. 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. 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
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
4.1%
1 Year rank in sector
182/225
Sector
PN UK Equity Income
Yield
-
Fund size
£3m (£1m 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.
101
Bid price
276.6
Offer price
291.1
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96.6%
    Money Market3.4%
  • Financials29.4%
    Industrials20%
    Consumer Discretionary17.6%
    Consumer Staples12.9%
    Energy8.4%
  • UK Equities96.6%
    Money Market3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%-0.2%5.4%4.1%20.7%64%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector45 / 22979 / 229136 / 229182 / 225101 / 20589 / 192
Quartile1st2nd3rd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.6%8.9%2.3%27.5%12%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector177 / 22529 / 220151 / 20540 / 197122 / 192
Quartile4th1st3rd1st3rd
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.
-0.68
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.
1.09
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.
0.16
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%.
10.75
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.
4.61
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.
-0.08
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.
0.82
Price movement
52 week high281.5
52 week low237.3
Current bid price276.6
Current offer price291.1
Current mid price-
Region
1UK96.6%
2Money Market3.4%
Industry sector
1Financials29.4%
2Industrials20%
3Consumer Discretionary17.6%
4Consumer Staples12.9%
5Energy8.4%
6Utilities4.6%
7Money Market3.4%
8Telecommunications Utilities2.1%
9Health Care1.1%
Asset type
1UK Equities96.6%
2Money Market3.4%
Individual holdings
1ROYAL DUTCH SHELL4.9%
2IMPERIAL BRANDS PLC4.5%
3BAE SYSTEMS PLC4%
4LLOYDS BANKING GROUP PLC3.9%
5CONVIVIALITY PLC3.6%
6DAIRY CREST G ORD GBP0.253.6%
7BP3.1%
8AVIVA2.8%
9GREENE KING2.8%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Premier Monthly Income Fund invests solely in the Premier Monthly Income Fund, a sub-fund of the Premier Income Funds ICVC, a UK Authorised Open-Ended Investment Company, managed by Premier Portfolio Managers Ltd. The aim of the underlying fund is to provide a reasonable level of income payable in monthly instalments with the prospect of rising income and capital growth by investing primarily in UK listed companies, but it may also invest in companies overseas, in companies quoted on the Alternative Investment Market and in higher yielding equities, convertibles, preference shares and fixed interest stocks. 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. 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
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Chris White01/12/2010Head of UK Equities, Chris White, joined Premier Asset Management in November 2010 to manage UK income funds and has over 20 years of investment management experience. Chris manages the Premier UK Income, Premier Monthly Income and Premier UK Growth Funds and also heads up Premier’s UK equity team. Previously, he was with Threadneedle for 7 years as a Director of UK Income Funds. Chris started his career with Robson Rhodes and has also worked for Charterhouse Tilney and Legg Mason as an investment manager. He holds an honours degree in Economics and is a member of the Chartered Institute for Securities & Investment and the CFA.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Premier Monthly Income Pn A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price276.6
Offer price291.1
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHP92
OMW Premier Monthly Income SP A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price327.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZY90
Data provided by

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