Fact sheet: OMW Threadneedle Latin Am

Fund information
Fund name
OMW Threadneedle Latin Am Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Ilan Furmansince 20/11/2015
Underlying fund
Threadneedle Latin Amer
Fund objective
The OMW Threadneedle Latin America fund invests solely in the Threadneedle Latin America fund, a sub fund of Threadneedle Investment Funds ICVC, a UK authorised OEIC managed by Threadneedle Investment Services Limited. The underlying fund seeks to achieve capital growth through investing mainly in equities of companies domiciled in Latin America or which have significant Latin American operations and it may further invest in fixed income securities such as Sovereign and corporate Latin American debt, other equities and money market securities. 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 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. 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
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
29.8%
1 Year rank in sector
56/266
Sector
PN Global Emerging Markets
Yield
-
Fund size
£4m (£3m 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.
184
Bid price
352.1
Offer price
370.6
Top in this sector
Fund name1 Year
OMW IPL IFDSHdsnRwFTSERAFIEMPn46.2%
AXA Wealth Aber LatAm Eq Pn43.6%
Zurich Jupiter Emg Eurp Opp Pn39.1%
LV= Jupiter Emg European Opps Pn38.4%
Canlife Jup Emg Eurpn Opps Pn37.3%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil59.7%
    Mexico26.7%
    Chile4.7%
    Money Market4%
    Colombia2.1%
  • Financials35%
    Consumer Staples19.1%
    Materials8.6%
    Consumer Discretionary7.6%
    Energy7.4%
  • Brazilian Equities59.7%
    Mexican Equities26.7%
    Chilean Equities4.7%
    Money Market4%
    American Emerging Equities3.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-12.9%-6.2%18.9%29.8%-12.5%-26.7%
Sector-5.4%-1.6%17.8%24.8%18.7%24.7%
Rank within sector269 / 274257 / 273134 / 27056 / 266222 / 228187 / 188
Quartile4th4th2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund34.1%-28.4%-10.1%-16.6%6.8%
Sector26.3%-8.5%3%-3.4%13.2%
Rank within sector39 / 267247 / 255204 / 228207 / 209159 / 188
Quartile1st4th4th4th4th
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.
-10.9
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.
1.51
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.
-0.02
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%.
26.79
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.
13.74
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.
-0.69
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.
0.83
Price movement
52 week high434.2
52 week low236.8
Current bid price352.1
Current offer price370.6
Current mid price-
Region
1Brazil59.7%
2Mexico26.7%
3Chile4.7%
4Money Market4%
5Colombia2.1%
6Peru1.8%
7Argentina1%
Industry sector
1Financials35%
2Consumer Staples19.1%
3Materials8.6%
4Consumer Discretionary7.6%
5Energy7.4%
6Telecommunications Utilities4.6%
7Utilities4.3%
8Money Market4%
9Real Estate3.6%
Asset type
1Brazilian Equities59.7%
2Mexican Equities26.7%
3Chilean Equities4.7%
4Money Market4%
5American Emerging Equities3.1%
6Peruvian Equity1.8%
Individual holdings
1AMBEV SA7.8%
2BANCO BRADESCO SA7.1%
3ITAU UNIBANCO HLDG SA5.9%
4PETROLEO BRASILEIRO SA PETROBRAS5.7%
5FOMENTO ECONOMICO MEXICANO SAB DE CV SPONSORED ADRCLASS B5.2%
6GRUPO FINANCIERO BANORTE SAB DE CV4.5%
7WAL-MART DE MEXICO SAB DE CV3.6%
8ITAUSA INVESTIMENTOS ITAU SA3.4%
9GRUPO TELEVISA SAB3.3%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Threadneedle Latin America fund invests solely in the Threadneedle Latin America fund, a sub fund of Threadneedle Investment Funds ICVC, a UK authorised OEIC managed by Threadneedle Investment Services Limited. The underlying fund seeks to achieve capital growth through investing mainly in equities of companies domiciled in Latin America or which have significant Latin American operations and it may further invest in fixed income securities such as Sovereign and corporate Latin American debt, other equities and money market securities. 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 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. 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
  • No Specified Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Ilan Furman20/11/2015Ilan Furman is a portfolio manager within the Global Emerging Markets Equities team. He joined the company in 2011 as an equity research analyst. He is also the deputy portfolio manager of the Threadneedle Latin America Fund and has responsibility for stock, sector and country research in that region. His research focus includes companies in the financials, real estate, utilities and technology sectors. Before joining the company, worked as an investment manager at Pictet. He has also been employed at Deloitte as a consultant and at Oscar Gruss as a junior analyst. Ilan has an Economics degree from Ben Gurion University in Israel and an MBA from Imperial College, London. He also holds the Chartered Financial Analyst designation.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Threadneedle Latin Am Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price352.1
Offer price370.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHP93
OMW Threadneedle Latin Am SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price417.7
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeS993
Data provided by

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