Fact sheet: OMW Schroder Recovery

Fund information
Fund name
OMW Schroder Recovery Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Kevin Murphysince 20/07/2006
  • Nick Kirragesince 20/07/2006
Underlying fund
Schroder Recovery
Fund objective
The OMW Schroder Recovery fund invests solely in the Schroder Recovery fund, a UK authorised Unit Trust managed by Schroder Unit Trusts Limited. The underlying fund seeks to achieve capital growth for investors through investment in companies that have suffered a severe setback. The underlying fund invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a severe setback in terms of profits or share prices, but where the management and the prospects are believed to be good.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.The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation.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 Total Return Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.5%
1 Year rank in sector
6/845
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£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.
128
Bid price
300.2
Offer price
316
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn45.6%
Fidelity UBS UK Select Pn27.9%
Halifax IM UK Growth Pn27.6%
CM UBS UK Opportunities Pension27.4%
SW UBS UK Opps Pn26.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK77.1%
    USA14.9%
    Australia3.9%
    Money Market2.6%
    Hong Kong0.3%
  • Financials30.2%
    Consumer Services22.8%
    Basic Materials10%
    Technology9.3%
    Oil & Gas7.9%
  • UK Equities76.2%
    US Equities15%
    Money Market3.8%
    Australian Equities3.7%
    Chinese Equities0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5%5.3%14.9%23.5%13.3%104.1%
Sector1.8%-0.5%6.2%6.6%15.6%58.1%
Rank within sector49 / 86751 / 86422 / 8636 / 845510 / 80725 / 758
Quartile1st1st1st1st3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund23.6%-12.4%0.5%43%34.7%
Sector6.1%4.4%0.6%24.2%15.4%
Rank within sector6 / 845831 / 833391 / 80815 / 78721 / 760
Quartile1st4th2nd1st1st
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.
-0.98
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.
1.09
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
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%.
13.05
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.
7.65
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.
-0.12
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.
0.66
Price movement
52 week high300.2
52 week low218.5
Current bid price300.2
Current offer price316
Current mid price-
Region
1UK77.07%
2USA14.93%
3Australia3.91%
4Money Market2.62%
5Hong Kong0.3%
6France0.2%
7Greece0.16%
8Italy0.14%
9Not Specified0.1%
Industry sector
1Financials30.24%
2Consumer Services22.82%
3Basic Materials9.99%
4Technology9.32%
5Oil & Gas7.86%
6Utilities6.76%
7Health Care6.16%
8Money Market2.62%
9Industrials2.47%
Asset type
1UK Equities76.2%
2US Equities14.99%
3Money Market3.82%
4Australian Equities3.74%
5Chinese Equities0.36%
6French Equities0.22%
7Greek Equities0.15%
8Italian Equities0.13%
9South African Equities0.1%
Individual holdings
1HSBC HLDGS5.81%
2BP5.02%
3ROYAL BANK OF SCOTLAND GROUP PLC4.93%
4BARCLAYS PLC4.86%
5APOLLO EDUCATION GROUP INC4.51%
6ANGLO AMERICAN4.37%
7GLAXOSMITHKLINE3.87%
8SOUTH32 LTD3.79%
9TESCO3.59%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Schroder Recovery fund invests solely in the Schroder Recovery fund, a UK authorised Unit Trust managed by Schroder Unit Trusts Limited. The underlying fund seeks to achieve capital growth for investors through investment in companies that have suffered a severe setback. The underlying fund invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a severe setback in terms of profits or share prices, but where the management and the prospects are believed to be good.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.The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation.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 Total Return Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Kevin Murphy20/07/2006Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Nick Kirrage20/07/2006Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Schroder Recovery Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price300.2
Offer price316
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYL57
OMW Schroder Recovery SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price346
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYL58
Data provided by

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