Fact sheet: OMW Premier Optimum Income

Fund information
Fund name
OMW Premier Optimum Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Chris Wrightsince 30/09/2008
Underlying fund
Premier Optimum Income
Fund objective
The OMW Premier Optimum Income Fund invests solely in the Premier Optimum Income Fund, a sub fund of Premier Funds, a UK authorised Investment Company with Variable Capital, managed by Premier Portfolio Managers Limited. The aim of the underlying fund is to provide a high level of income together with the prospect of long term capital growth from an actively managed portfolio of equities. The underlying fund will invest the majority of its assets in a portfolio of equities listed on UK stock exchanges and will have the ability to enhance income by selling options. The underlying fund may also invest in global equities. 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. 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
  • IA UK Equity Income
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
16.2%
1 Year rank in sector
150/225
Sector
PN UK Equity Income
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.
111
Bid price
134.8
Offer price
141.8
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income47.9%
OMW IPLM&GGlLePn44.8%
FL Income Accumulation Pn37%
FL Schroder Inc AP35.8%
Scot Eq Schroder Income Pn34.9%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96%
    Money Market4%
  • Financials50.1%
    Industrials15.5%
    Consumer Discretionary11.4%
    Energy9.6%
    Consumer Staples4.3%
  • UK Equities96%
    Money Market4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%6.4%14.4%16.2%19.7%-
Sector3.4%3.6%9.7%20.2%20.9%68.4%
Rank within sector63 / 22838 / 22932 / 229150 / 225121 / 205-
Quartile2nd1st1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.3%7.3%8.2%2.4%-
Sector2%11.5%3.9%3.7%23.2%
Rank within sector77 / 228170 / 22539 / 220150 / 205-
Quartile2nd4th1st3rd
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.
-0.57
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.
1.08
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.
0.21
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%.
11.86
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.
6.6
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.
-0.05
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.
0.7
Price movement
52 week high134.8
52 week low108.2
Current bid price134.8
Current offer price141.8
Current mid price-
Region
1UK96%
2Money Market4%
Industry sector
1Financials50.1%
2Industrials15.5%
3Consumer Discretionary11.4%
4Energy9.6%
5Consumer Staples4.3%
6Money Market4%
7Information Technology2.6%
8Utilities2.6%
9Miscellaneous-0.1%
Asset type
1UK Equities96%
2Money Market4%
Individual holdings
1BP5.5%
2LEGAL & GENERAL GROUP5.4%
3HSBC HLDGS5%
4BERKLEY RENEWABLES INC4.8%
5TP ICAP PLC3.8%
6ROYAL DUTCH SHELL3.3%
7KIER GROUP2.7%
8ENEL SPA2.6%
9PHOENIX PHARMA2.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Premier Optimum Income Fund invests solely in the Premier Optimum Income Fund, a sub fund of Premier Funds, a UK authorised Investment Company with Variable Capital, managed by Premier Portfolio Managers Limited. The aim of the underlying fund is to provide a high level of income together with the prospect of long term capital growth from an actively managed portfolio of equities. The underlying fund will invest the majority of its assets in a portfolio of equities listed on UK stock exchanges and will have the ability to enhance income by selling options. The underlying fund may also invest in global equities. 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. 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
  • IA UK Equity Income
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Chris Wright30/09/2008Chris Wright joined Premier Asset Management in 2008 and is the fund manager of the Premier Optimum Income Fund and Premier Ethical Fund. He joined Premier from Thames River Capital. He has over 30 years of investment experience and is a member of the UK Society of Investment Professionals
Compliance
UCITS III Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Premier Optimum Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price134.8
Offer price141.8
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICQN
OMW Premier Optimum Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price146
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICQO
Data provided by

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