Fact sheet: OMW Schrdr Gbl Hlthcre

Fund information
Fund name
OMW Schroder Global Healthcare Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • John Bowlersince 30/03/2004
Underlying fund
Schroder Global Healthcare
Fund objective
The OMW Schroder Global Healthcare Fund invests solely in the Schroder Global Healthcare Fund, a UK Authorised Unit Trust, managed by Schroder Unit Trusts Limited. The aim of the underlying fund is to achieve capital growth. The underlying fund will invest in healthcare, medical services and related products and companies on a worldwide basis. 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. 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
  • MSCI AC World Health Care
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
22.9%
1 Year rank in sector
192/519
Sector
PN Specialist
Yield
-
Fund size
£4m (£4m 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.
124
Bid price
263.5
Offer price
277.3
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Performance snapshot

Holdings snapshot

  • USA67.8%
    Switzerland8.4%
    UK5.6%
    Germany5%
    Japan4.8%
  • Health Care93%
    Basic Materials4%
    Money Market1.1%
    Consumer Services1.1%
    Industrials0.9%
  • US Equities67.8%
    Swiss Equities8.4%
    UK Equities5.6%
    German Equities5%
    Japanese Equities4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%3%-1.2%22.9%51.3%124.6%
Sector0.4%4.3%2.7%18.4%24.2%41.8%
Rank within sector155 / 550317 / 546469 / 540192 / 51942 / 38617 / 321
Quartile2nd3rd4th2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.5%9.2%9.1%27.1%34.9%
Sector1.7%11.6%2%7.2%11%
Rank within sector82 / 547268 / 51136 / 44717 / 38411 / 357
Quartile1st3rd1st1st1st
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.
0.82
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.
1.84
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.
0.79
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%.
13.49
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.
9.17
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.
0.7
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.
0.67
Price movement
52 week high268.2
52 week low214.4
Current bid price263.5
Current offer price277.3
Current mid price-
Region
1USA67.84%
2Switzerland8.42%
3UK5.58%
4Germany4.97%
5Japan4.8%
6Denmark1.73%
7Israel1.38%
8Belgium1.25%
9Money Market1.11%
Industry sector
1Health Care92.96%
2Basic Materials3.96%
3Money Market1.11%
4Consumer Services1.07%
5Industrials0.9%
6Derivatives0%
Asset type
1US Equities67.84%
2Swiss Equities8.42%
3UK Equities5.58%
4German Equities4.97%
5Japanese Equities4.8%
6Danish Equities1.73%
7Israeli Equities1.38%
8Belgian Equities1.25%
9Money Market1.11%
Individual holdings
1UNITEDHEALTH GROUP INC6.06%
2JOHNSON & JOHNSON5.83%
3ROCHE HLDG AG5.24%
4AMGEN INC4.22%
5CELGENE CORP4.2%
6BAYER AG3.96%
7MEDTRONIC PLC3.72%
8MERCK & CO INC(NEW)3.68%
9PFIZER INC3.09%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Schroder Global Healthcare Fund invests solely in the Schroder Global Healthcare Fund, a UK Authorised Unit Trust, managed by Schroder Unit Trusts Limited. The aim of the underlying fund is to achieve capital growth. The underlying fund will invest in healthcare, medical services and related products and companies on a worldwide basis. 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. 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
  • MSCI AC World Health Care
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
John Bowler30/03/2004John Joined Schroders in 2003.Investment career commenced in 1994.Currently Global Sector Specialist with responsibility for the healthcare sector and manager of the Schroder Medical Discovery Fund, as well as having primary research responsibility for Pan-European pharmaceuticals. Based in London John joined Schroders from AXA Investment Managers, where he had worked since 1998 in a global healthcare research role. He was voted top buy-side analyst for the pharmaceutical and healthcare sector in the Institutional Investor Pan European Equity survey in 2002.Before this, John worked at State Street Research & Management from 1997 as a fund manager / analyst.Earlier, John joined Hill Samuel Asset Management in 1994 as a graduate trainee, later becoming a junior fund manager for UK equities.Institute of Investment Management and Research (IIMR) qualified. Member of the CFA Society of the UK (CFA UK). PhD in Biochemistry & Physiology, from the University of Manchester. Degree in Biology from the University of Manchester.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Schroder Global Healthcare Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.31%
Bid price263.5
Offer price277.3
Mid price-
CurrencyGBX
Price updated16/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeHP24
OMW Schroder Global Healthcare SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price314.4
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeS972
Data provided by

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