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 03/05/2010
Underlying fund
SVS Cornelian Progressive
Fund objective
The objective of the SVS Cornelian Progressive Fund is to achieve long term capital growth by investing mainly in UK and overseas equity markets. There is no specific limit in exposure to any geographical or industrial sector and the fund may, where permitted, include other asset classes such as; fixed income funds, (closed-ended) property funds, absolute return funds and funds with exposure to private equity. There may be occasions when it is deemed necessary to hold a high level of cash or money market instruments. The Fund may use derivatives for Efficient Portfolio Management (EPM) i.e. to protect against market or currency movements, to reduce costs or to earn income or capital.
Benchmark
  • Retail Price Inflation (RPI) +3%
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
23.9%
1 Year rank in sector
252/440
Sector
PN Flexible Investment
Yield
-
Fund size
£1m (£0m last year)
Bid price
117.1
Offer price
123.2
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn45%
Baillie Gifford International PP42.5%
FL Spicers Adventurous Pn41.7%
Scot Eq UBS Stockmkt Mgd Pn41.3%
SW Prem Pn Pfl 1 Pn39.2%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK27.4%
    Not Specified19.1%
    USA17%
    Europe ex UK9.8%
    Far East ex Japan8.5%
  • No data available.
  • UK Equities28.6%
    US Equities13.1%
    Global Emerging Market Equities10.3%
    Europe ex UK Equities8.9%
    Asia Pacific ex Japan Equities8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%5%5.4%23.9%--
Sector1.6%5.2%4.7%20.3%27.7%51.6%
Rank within sector413 / 489335 / 470291 / 454252 / 440--
Quartile4th3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.3%----
Sector2.2%14.2%2.5%6.7%14.8%
Rank within sector312 / 471----
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 high117.5
52 week low94.6
Current bid price117.1
Current offer price123.2
Current mid price-
Region
1UK27.43%
2Not Specified19.14%
3USA16.96%
4Europe ex UK9.84%
5Far East ex Japan8.48%
6Global Emerging Markets5.15%
7Money Market4.89%
8International4.13%
9Japan3.98%
Industry sector
No data available.
Asset type
1UK Equities28.56%
2US Equities13.1%
3Global Emerging Market Equities10.32%
4Europe ex UK Equities8.86%
5Asia Pacific ex Japan Equities8.32%
6Hedge6.03%
7International Equities4.09%
8Property Shares4.01%
9Japanese Equities3.95%
Individual holdings
1VANGUARD S&P 500 UCITS ETF GBP12.09%
2VANGUARD FTSE DEVELOPED EUROPE EX UK EQUITY INDEX A4.97%
3SCHRODER ISF ASIAN TOTAL RETURN4.24%
4HENDERSON EMERGING MARKETS OPPORTUNITIES FUND3.08%
5ROYAL LONDON STERLING EXTRA YIELD BOND A INC3.05%
6ETFS METAL SECURITIES LTD ETFS PHYSICAL GOLD (DT ZERT)2.88%
7BRITISH LAND CO PLC2.75%
8RIVERSTONE ENERGY LTD2.72%
9POLAR CAPITAL NORTH AMERICAN FUND2.5%
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 SVS Cornelian Progressive Fund is to achieve long term capital growth by investing mainly in UK and overseas equity markets. There is no specific limit in exposure to any geographical or industrial sector and the fund may, where permitted, include other asset classes such as; fixed income funds, (closed-ended) property funds, absolute return funds and funds with exposure to private equity. There may be occasions when it is deemed necessary to hold a high level of cash or money market instruments. The Fund may use derivatives for Efficient Portfolio Management (EPM) i.e. to protect against market or currency movements, to reduce costs or to earn income or capital.
Benchmark
  • Retail Price Inflation (RPI) +3%
Investment style
Aggressive
Investment method
None
Fund manager
NameSinceBiography
Hector Kilpatrick03/05/2010Hector 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 price117.1
Offer price123.2
Mid price-
CurrencyGBX
Price updated20/02/2017
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 price124.2
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMX8W
Data provided by

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