Fact sheet: OMW Schroder UK Alpha Plus

Fund information
Fund name
OMW Schroder UK Alpha Plus Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Philip Matthewssince 15/10/2013
Underlying fund
Schroder UK Alpha Plus
Fund objective
The OMW Schroder UK Alpha Plus fund invests solely in the Schroder UK Alpha Plus fund, a UK authorised Unit Trust managed by Schroder Unit Trusts Limited. The underlying fund seeks to provide capital growth through investment in UK and other companies. In order to achieve the objective the Manager will invest in a focused portfolio of securities.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 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.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
3.1%
1 Year rank in sector
579/845
Sector
PN UK All Companies
Yield
-
Fund size
£10m (£12m 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.
114
Bid price
366.2
Offer price
385.4
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn44.1%
Fidelity UBS UK Select Pn23.4%
Halifax IM UK Growth Pn23.1%
CM UBS UK Opportunities Pension22.9%
SW UBS UK Opps Pn22.5%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.9%
    Money Market0.1%
  • Financials20%
    Consumer Services17.5%
    Health Care14.4%
    Oil & Gas12.9%
    Industrials12.3%
  • UK Equities100.3%
    Money Market-0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-1.7%5.7%3.1%10.5%60.6%
Sector0.8%-1.5%5.9%5.4%14.8%57%
Rank within sector814 / 867448 / 864505 / 863579 / 845618 / 807299 / 758
Quartile4th3rd3rd3rd4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.2%2.3%-0.6%25.5%23.7%
Sector5.4%4.4%0.6%24.2%15.4%
Rank within sector526 / 845471 / 833545 / 808325 / 78789 / 760
Quartile3rd3rd3rd2nd1st
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.
-1.31
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.
1.08
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%.
11.36
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.
4.44
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.
-0.25
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.
0.85
Price movement
52 week high383
52 week low304.8
Current bid price366.2
Current offer price385.4
Current mid price-
Region
1UK99.91%
2Money Market0.09%
Industry sector
1Financials20.03%
2Consumer Services17.53%
3Health Care14.43%
4Oil & Gas12.91%
5Industrials12.34%
6Technology9.35%
7Consumer Goods5.88%
8Telecommunications5.75%
9Utilities1.69%
Asset type
1UK Equities100.3%
2Money Market-0.3%
Individual holdings
1ROYAL DUTCH SHELL7.41%
2GLAXOSMITHKLINE6.02%
3BP4.99%
4BRITISH AMERICAN TOBACCO4.9%
5LLOYDS BANKING GROUP PLC4.17%
6AVIVA4.11%
7TESCO3.93%
8BALFOUR BEATTY3.62%
9BT GROUP2.95%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Schroder UK Alpha Plus fund invests solely in the Schroder UK Alpha Plus fund, a UK authorised Unit Trust managed by Schroder Unit Trusts Limited. The underlying fund seeks to provide capital growth through investment in UK and other companies. In order to achieve the objective the Manager will invest in a focused portfolio of securities.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 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.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
Philip Matthews15/10/2013Philip Matthews joined Schroders in October 2013 to take over management of the Schroder UK Alpha Plus Fund. At the beginning of 1999 Philip joined Jupiter's fund management department and has managed both retail and UK institutional portfolios since November 2001. Philip has managed the Jupiter Growth & Income Fund since April 2006 and was also the Deputy Fund Manager of Jupiter Income Trust. Prior to this Philip worked at Chesterton plc in the Residential Investment and Development Department. Philip Matthews studied at Cambridge University where he gained a degree in Modern & Medieval Languages.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Schroder UK Alpha Plus Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price366.2
Offer price385.4
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYI10
OMW Schroder UK Alpha Plus SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price430.2
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeS976
Data provided by

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