Fact sheet: OMW SVS Cornelian Progressive

Fund information
Fund name
OMW SVS Cornelian Progressive Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Hector Kilpatricksince 04/05/2010
Underlying fund
SVS Cornelian Progressive
Fund objective
The objective of the Fund is to achieve long term capital growth delivering average annual investment returns (total returns, net of fees) of at least RPI + 3.0% over a five to seven year investment cycle. The Fund will have a diversified portfolio. Ordinarily the assets will be primarily invested in equities or equity funds. There is no specific limit in exposure to any sector or geographic area.
Benchmark
  • Retail Price Inflation (RPI) +3%
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
22.4%
1 Year rank in sector
222/398
Sector
PN Flexible Investment
Yield
-
Fund size
£1m (£1m last year)
Bid price
120.2
Offer price
126.5
Top in this sector
Fund name1 Year
Baillie Gifford International PP41.6%
OMW M&G Managed Growth38.8%
Scot Eq UBS Stockmkt Mgd Pn38.5%
Aviva Variable Annuity CU Pn37.5%
OMW IPL F&CUK EqLkd GiltPn37.4%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK27.1%
    USA17.3%
    Not Specified17%
    Europe ex UK15.3%
    Far East ex Japan8.4%
  • No data available.
  • UK Equities27.1%
    US Equities17.3%
    Europe ex UK Equities15.3%
    Asia Pacific ex Japan Equities8.4%
    Hedge5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%2.6%7.2%22.4%--
Sector2.1%1.8%6.9%18.5%28.9%64.7%
Rank within sector132 / 444151 / 443260 / 421222 / 398--
Quartile2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund5%----
Sector4.3%14.2%2.5%6.7%14.8%
Rank within sector225 / 424----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high121.2
52 week low98.2
Current bid price120.2
Current offer price126.5
Current mid price-
Region
1UK27.13%
2USA17.3%
3Not Specified16.97%
4Europe ex UK15.32%
5Far East ex Japan8.38%
6Global Emerging Markets4.93%
7International3.99%
8Japan3.91%
9Money Market2.07%
Industry sector
No data available.
Asset type
1UK Equities27.13%
2US Equities17.3%
3Europe ex UK Equities15.32%
4Asia Pacific ex Japan Equities8.38%
5Hedge5.92%
6Global Emerging Market Equities4.93%
7Property Shares4.22%
8International Equities3.99%
9Japanese Equities3.91%
Individual holdings
1VANGUARD S&P 500 UCITS ETF GBP12.29%
2VANGUARD FTSE DEVELOPED EUROPE EX UK EQUITY INDEX A7.19%
3HENDERSON EUROPEAN SELECTED OPPORTUNITIES A ACC5.14%
4SCHRODER ISF ASIAN TOTAL RETURN4.25%
5BRITISH LAND CO PLC3.23%
6ROYAL LONDON STERLING EXTRA YIELD BOND A INC3%
7HENDERSON EMERGING MARKETS OPPORTUNITIES FUND2.95%
8FINDLAY PARK AMERICAN FUND2.54%
9SCHRODER ISF GLOBAL CONVERTIBLE BOND A ACC NAV USD2.48%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The objective of the Fund is to achieve long term capital growth delivering average annual investment returns (total returns, net of fees) of at least RPI + 3.0% over a five to seven year investment cycle. The Fund will have a diversified portfolio. Ordinarily the assets will be primarily invested in equities or equity funds. There is no specific limit in exposure to any sector or geographic area.
Benchmark
  • Retail Price Inflation (RPI) +3%
Investment style
Aggressive
Investment method
None
Fund manager
NameSinceBiography
Hector Kilpatrick04/05/2010Hector joined Cornelian from Scottish Value Management where he managed the successful SVM UK Alpha Fund. Prior to this, he spent over six years at Standard Life Investments where he was appointed Investment Director, and was a key member of the Continental European equities team. Hector started his career at Norwich Union Investment Management having completed an MBA in Strategic Management from Imperial College Business School. At Cornelian, Hector is responsible for the management and development of the investment process and investment performance across all funds. He also works closely with the Private Clients & Charities team, headed by Marcus Brooks, in the daily monitoring and management of our client portfolios.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW SVS Cornelian Progressive Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price120.2
Offer price126.5
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMX8V
OMW SVS Cornelian Progressive SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price127.7
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMX8W
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.