Fact sheet: OMW Rathbone Recovery

Fund information
Fund name
OMW Rathbone Recovery Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Alexandra Jacksonsince 09/06/2014
  • Joanne Randssince 09/06/2014
Underlying fund
Rathbone Recovery
Fund objective
The OMW Rathbone Recovery fund invests solely in the Rathbone Recovery fund, a UK authorised Unit Trust managed by Rathbone Unit Trust Management Limited.The underlying fund seeks to achieve capital growth by buying shares in companies whose recovery potential is not appreciated by the market and to sell them when this potential is recognised. The nature of unrecognised recovery potential may be based on macro-economic, industry, sector specific or stock specific issues. 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 adjustment and the OMW investment process.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
18%
1 Year rank in sector
573/842
Sector
PN UK All Companies
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.
101
Bid price
211.1
Offer price
222.2
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn62.6%
Fidelity UBS UK Select Pn39.3%
Halifax IM UK Growth Pn39%
CM UBS UK Opportunities Pension38.7%
Pru M&G Recovery Pn38.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK88.4%
    International7.4%
    Money Market4.2%
  • Consumer Services26.4%
    Industrials14.5%
    Financials13.1%
    Technology11.4%
    Basic Materials9.2%
  • UK Mid Cap Companies33%
    UK Large Cap Companies27.3%
    UK Equities16.8%
    UK Small Cap Companies11.2%
    International Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%7.2%9.3%18%16.7%68.3%
Sector2.2%6.7%6.8%19.9%16.4%55.8%
Rank within sector497 / 870395 / 868158 / 861573 / 842395 / 807174 / 762
Quartile3rd2nd1st3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.3%6.4%11%-4.8%34.9%
Sector2.9%10.2%4.4%0.6%24.2%
Rank within sector313 / 868623 / 843116 / 830740 / 80591 / 785
Quartile2nd3rd1st4th1st
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.
-1.06
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.
1.07
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.
0.12
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%.
11.92
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.
5.87
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.
-0.15
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.
0.76
Price movement
52 week high211.5
52 week low170.3
Current bid price211.1
Current offer price222.2
Current mid price-
Region
1UK88.35%
2International7.41%
3Money Market4.24%
Industry sector
1Consumer Services26.41%
2Industrials14.54%
3Financials13.08%
4Technology11.43%
5Basic Materials9.17%
6Oil & Gas8.6%
7Health Care7.04%
8Cash & Cash Equivalents5.73%
9Telecommunications2.06%
Asset type
1UK Mid Cap Companies32.97%
2UK Large Cap Companies27.27%
3UK Equities16.8%
4UK Small Cap Companies11.17%
5International Equities6.06%
6Cash & Cash Equivalents5.73%
Individual holdings
1BOOKER GROUP PLC4.49%
2ROYAL DUTCH SHELL4.42%
3RIO TINTO4.41%
4SSP GROUP PLC3.56%
5WPP PLC3.51%
6MICRO FOCUS INTERNATIONAL3.5%
7BHP BILLITON PLC3.15%
8MELROSE INDUSTRIES PLC2.99%
9HANSTEEN HLDGS2.94%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Rathbone Recovery fund invests solely in the Rathbone Recovery fund, a UK authorised Unit Trust managed by Rathbone Unit Trust Management Limited.The underlying fund seeks to achieve capital growth by buying shares in companies whose recovery potential is not appreciated by the market and to sell them when this potential is recognised. The nature of unrecognised recovery potential may be based on macro-economic, industry, sector specific or stock specific issues. 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 adjustment and the OMW investment process.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alexandra Jackson09/06/2014Alexandra has been co-manager of the Rathbone Recovery Fund since June 2014. She was previously Assistant Fund Manager on the Rathbone Global Opportunities Fund. She joined Rathbones in January 2007, having graduated from the University of Durham (University College) with a BA Hons in Economics. Alexandra also holds the Investment Management Certificate and is a CFA (Chartered Financial Analyst) charter-holder.
Joanne Rands09/06/2014Joanne has been co-manager of the Rathbone Recovery Fund since June 2014. She has over sixteen years of UK equity market experience, including four years co-managing UK Small and Mid Cap funds at Hermes, seven years assisting in managing UK Equity Funds at HSBC and three years in UK Equity Sales at Peel Hunt. Joanne holds the Securities Institute Diploma and is a Fellow of the Securities Institute.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Rathbone Recovery Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price211.1
Offer price222.2
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXA25
OMW Rathbone Recovery SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price243.1
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXA26
Data provided by

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