Fact sheet: OMW Schroder MM Div Bal

Fund information
Fund name
OMW Schroder MM Diversity Balanced Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Robin McDonaldsince 01/04/2012
  • Marcus Brookessince 01/04/2012
Underlying fund
Schroder MM Dvrsty Bln
Fund objective
The OMW Schroder MM Diversity Balanced Fund invests solely in the Schroder MM Diversity Balanced Fund, a UK authorised Unit Trust managed by Schroder Unit Trusts Limited. The aim of the underlying fund is to seek to deliver long term capital growth from exposure to a diversified portfolio of investments including equities, bonds, fixed interest and cash. It will also aim to provide a moderate income. The underlying trust will have exposure to both United Kingdom and overseas markets. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. 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 non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. The underlying fund invests in Private Equity firms who are not subject to the same reporting requirements as public companies and can, as a result be opaque and illiquid. This can increase the risk of the fund being more volatile and investors should expect above average price increases or decreases. 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 Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
10.3%
1 Year rank in sector
362/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£1m (£1m 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.
55
Bid price
137.2
Offer price
144.4
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn21.5%
FL My Ftr Adv Gth XE/IE Pn20.2%
FL My Ftr Advantage Gth Pn19.9%
OMW S&W Millbank East River19.5%
Scot Eq Ext Bal Coll (ex MLC) Pn18.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified23.6%
    Money Market22.4%
    Japan14.4%
    International12.3%
    Europe12.1%
  • No data available.
  • Money Market22.4%
    Hedge17.4%
    Japanese Equities14.4%
    International Equities12.3%
    Europe ex UK Equities12.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%2.3%10.3%10.3%14%-
Sector-2.3%-0.8%8.2%9.1%19.7%47.8%
Rank within sector277 / 91336 / 912204 / 894362 / 794600 / 692-
Quartile2nd1st1st2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund9.8%2%1.3%17.5%-
Sector10%2.2%5.7%13.1%9.9%
Rank within sector478 / 800391 / 753654 / 69285 / 661-
Quartile3rd3rd4th1st
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.
0.24
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.
0.68
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.
0.19
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%.
5.88
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.
4.06
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.
-0.43
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 high139.8
52 week low116.7
Current bid price137.2
Current offer price144.4
Current mid price-
Region
1Not Specified23.6%
2Money Market22.4%
3Japan14.4%
4International12.3%
5Europe12.1%
6UK10.1%
7Asia Pacific ex Japan2.5%
8Global Emerging Markets1.6%
9USA1%
Industry sector
No data available.
Asset type
1Money Market22.4%
2Hedge17.4%
3Japanese Equities14.4%
4International Equities12.3%
5Europe ex UK Equities12.1%
6UK Equities10.1%
7Commodity & Energy5.7%
8Asia Pacific ex Japan Equities2.5%
9Global Emerging Market Equities1.6%
Individual holdings
1SCHRODER STERLING LIQUIDITY PLUS I ACC17.89%
2GLG JAPAN CORE ALPHA D PROFESSIONAL INC9.71%
3GAM GLOBAL DIVERSIFIED INST ACC9.17%
4MAJEDIE TORTOISE G GBP8.18%
5INVESCO PERPETUAL EUROPEAN EQUITY NO TRAIL ACC6.06%
6THESIS TM SANDITON EUROPEAN F ACC5.95%
7GLG JAPAN COREALPHA EQUITY I H GBP4.75%
8MORG STNLY DIVERSIFIED ALPHA PLUS ZH GBP3.53%
9JOHCM GLOBAL OPPORTUNITIES X GBP3.11%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Schroder MM Diversity Balanced Fund invests solely in the Schroder MM Diversity Balanced Fund, a UK authorised Unit Trust managed by Schroder Unit Trusts Limited. The aim of the underlying fund is to seek to deliver long term capital growth from exposure to a diversified portfolio of investments including equities, bonds, fixed interest and cash. It will also aim to provide a moderate income. The underlying trust will have exposure to both United Kingdom and overseas markets. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. 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 non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. The underlying fund invests in Private Equity firms who are not subject to the same reporting requirements as public companies and can, as a result be opaque and illiquid. This can increase the risk of the fund being more volatile and investors should expect above average price increases or decreases. 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 Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Robin McDonald01/04/2012Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin is a Director of Cazenove Capital and has 13 years investment experience and is a CFA charterholder.
Marcus Brookes01/04/2012Marcus Brookes, Head of Multi-Manager, joined Schroders in July 2013 following the acquisition of Cazenove Capital. Previous to the acquisition he was the Head of Multi Manager at Cazenove Capital, which he joined in January 2008. Prior to this Marcus was the Deputy Head of Multi Manager at Gartmore, a position he held from November 2004. Up to this time he spent 3.5 years from May 2001 as the Co-Manager of Multi Manager, at Rothschild Asset Management. Marcus began his career on 28 September 1994 when he joined Friends, Ivory and Sime, where he became the Multi Manager Fund Manager. Marcus qualified from University of Stirling with MSc. Investment Analysis.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Schroder MM Diversity Balanced Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price137.2
Offer price144.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG7EC
OMW Schroder MM Diversity Balanced SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price149.3
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG7ED
Data provided by

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