Fact sheet: OMW TM Cartesian UK Opptnts

Fund information
Fund name
OMW TM Cartesian UK Opportunities Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Andrew Kellysince 31/07/2011
  • Jeremy Hallsince 31/07/2007
Underlying fund
TM Cartesian UK Opp
Fund objective
The OMW TM Cartesian UK Opportunities Fund invests solely in the TM Cartesian UK Opportunities Fund, a sub fund of TM Cartesian Investment Funds ICVC, a UK authorised Investment Company with Variable Capital, managed by Thesis Unit Trust Management Limited. The aim of the underlying fund is to achieve long term total returns by investing predominantly in UK companies. The underlying fund will invest in a concentrated portfolio of stocks, which the investment manager considers to be undervalued, selected from across the UK company size range. 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. This is a new underlying fund. If it does not reach a target size outlined by the Fund Group, the underlying investment charges and costs may become a higher proportion of the fund than expected, reducing the value of your investment. 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 adjustments and the OMW investment process.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
-5.4%
1 Year rank in sector
814/843
Sector
PN UK All Companies
Yield
-
Fund size
£0m (£0m 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.
91
Bid price
100.6
Offer price
105.8
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn41.9%
Countrywide Equity Pn21.2%
OMW Schroder Recovery20.7%
Royal London Schroders Recovery Pn20.5%
Fidelity UBS UK Select Pn20%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK92.2%
    Money Market7.8%
  • Consumer Services24%
    Financials22.4%
    Health Care16.3%
    Industrials13.8%
    Money Market7.8%
  • UK Equities92.2%
    Money Market7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-0.8%3%-5.4%-1%-
Sector-1.2%-0.3%6.2%5.1%13.2%59.3%
Rank within sector257 / 865518 / 862660 / 861814 / 843780 / 805-
Quartile2nd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.7%1.1%-0.8%--
Sector5.6%4.4%0.6%24.2%15.4%
Rank within sector794 / 843573 / 831558 / 806--
Quartile4th3rd3rd
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.
-3.6
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.
0.89
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%.
10.12
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.
5.49
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.
-0.76
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.
0.72
Price movement
52 week high107
52 week low89.4
Current bid price100.6
Current offer price105.8
Current mid price-
Region
1UK92.2%
2Money Market7.8%
Industry sector
1Consumer Services24.03%
2Financials22.36%
3Health Care16.28%
4Industrials13.83%
5Money Market7.8%
6Telecommunications6.08%
7Oil & Gas4.32%
8Basic Materials2.75%
9Consumer Goods2.55%
Asset type
1UK Equities92.2%
2Money Market7.8%
Individual holdings
1MORRISON(WM.)SUPERMARKETS3.6%
2RPC INC3.2%
3DIRECT LINE INSURANCE GROUP PLC2.9%
4BERENDSEN PLC2.3%
5GVC HLDGS PLC2.3%
6ITV2.3%
7SMITH & NEPHEW2.3%
8CARD FACTORY PLC2.2%
9NATIONAL EXPRESS GROUP2.1%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW TM Cartesian UK Opportunities Fund invests solely in the TM Cartesian UK Opportunities Fund, a sub fund of TM Cartesian Investment Funds ICVC, a UK authorised Investment Company with Variable Capital, managed by Thesis Unit Trust Management Limited. The aim of the underlying fund is to achieve long term total returns by investing predominantly in UK companies. The underlying fund will invest in a concentrated portfolio of stocks, which the investment manager considers to be undervalued, selected from across the UK company size range. 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. This is a new underlying fund. If it does not reach a target size outlined by the Fund Group, the underlying investment charges and costs may become a higher proportion of the fund than expected, reducing the value of your investment. 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 adjustments and the OMW investment process.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Kelly31/07/2011Andrew began his career at Standard Life in 1987 shortly after completing a Mathematics degree at Durham University. While at Standard Life, Andrew qualified as a Fellow of the Faculty of Actuaries, and completed an MSc in Investment Analysis (with Distinction) through Stirling University. He moved to SVM in early 1996 and was a contributing analyst to hedge funds and to various long-only funds. Andrew was also portfolio manager of the SVM Saltire Long Short Equity Fund. In December 2005, Andrew became one of the founding partners of Cartesian Capital Partners.
Jeremy Hall31/07/2007Jeremy graduated in History and Management Studies from Glasgow University. He is a Chartered accountant and CFA Charterholder with investment experience across European and UK markets. He worked on the European desks at Scottish Life and Abbey National Asset Managers before joining SVM in January 2004 as a member of the UK team. Between March 2006 and April 2007 Jeremy was a UK equities analyst with stockbroker Teather and Greenwood. Jeremy joined Cartesian Capital Partners in August 2007.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW TM Cartesian UK Opportunities 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 price100.6
Offer price105.8
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJKFM
OMW TM Cartesian UK Opportunities 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 price108.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJKFN
Data provided by

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