Fact sheet: OMW Threadneedle Strat Bd

Fund information
Fund name
OMW Threadneedle Strat Bd Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Barrie Whitmansince 30/06/2003
  • Ryan Staszewskisince 16/10/2016
Underlying fund
Threadneedle Strat Bd
Fund objective
The OMW Threadneedle Strategic Bond Fund invests solely in the Threadneedle Strategic Bond Fund, a sub fund of Threadneedle Investment Funds ICVC, a UK authorised Open Ended Investment Company, managed by Threadneedle Investment Services Limited. The underlying fund seeks to achieve total return principally by way of income. Income will be paid monthly. The underlying fund will primarily invest the assets directly or indirectly in UK and European debt securities. 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. 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
  • No Specified Index
Investment style
None
Investment method
No data available.
Quick stats
1 Year return
11.3%
1 Year rank in sector
80/167
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£2m (£2m 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.
21
Bid price
213
Offer price
224.2
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc16.8%
AXA Wealth AXA Fram Mgd Inc Pn16.6%
Canlife AXA Fram Mgd Inc Pn16.5%
L&G Artemis High Income Pn15.8%
LV= Artemis High Income Pn15.4%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%2.2%0.7%11.3%11%29.3%
Sector0.4%2.2%0.9%10.2%13.2%35.4%
Rank within sector48 / 17391 / 17298 / 17180 / 167114 / 156107 / 143
Quartile2nd3rd3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.8%7.3%-0.2%3.7%3.8%
Sector0.9%6.7%0.7%5.6%5.9%
Rank within sector105 / 17369 / 167108 / 162124 / 155121 / 151
Quartile3rd2nd3rd4th4th
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.
-1.26
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.
1.13
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.
-
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%.
3.79
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.
1.05
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.
0.94
Price movement
52 week high213
52 week low191.5
Current bid price213
Current offer price224.2
Current mid price-
Region
1Europe97.3%
2Money Market2.7%
Industry sector
1BBB37.6%
2BB23.6%
3B16.9%
4A9.3%
5AA4.6%
6Non-Rated3.1%
7CCC3%
8Money Market2.7%
9AAA0.1%
Asset type
1European Fixed Interest97.3%
2Money Market2.7%
Individual holdings
1TREASURY 4.25% GILT 07/03/36 GBP0.011.6%
2PENNON GROUP PLC 6.75% PERP1.3%
3INNOGY FINANCE BV 6.25% 03/06/20301.2%
4NGG FINANCE 5.625% RESET CAP SEC 18/06/73 GBP1000001.2%
5FIRST HYDRO FINANCE 9% GTD SEC BDS 31/7/2021 GBP(REGD)1.1%
6AT&T INC 4.375% NTS 14/09/29 GBP10001%
7BHP BILLITON FINANCE 6.5% SUB NC7 RST NTS 22/10/77 GBP1000001%
8WESTERN POWER DISTRIBUTION EAST MID 3.625% NTS 06/11/23 GBP1000000.9%
9BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500000.8%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Threadneedle Strategic Bond Fund invests solely in the Threadneedle Strategic Bond Fund, a sub fund of Threadneedle Investment Funds ICVC, a UK authorised Open Ended Investment Company, managed by Threadneedle Investment Services Limited. The underlying fund seeks to achieve total return principally by way of income. Income will be paid monthly. The underlying fund will primarily invest the assets directly or indirectly in UK and European debt securities. 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. 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
  • No Specified Index
Investment style
None
Investment method
No data available.
Fund managers
NameSinceBiography
Barrie Whitman30/06/2003Barrie Whitman joined the company in 1999 as is currently Head of Corporate Credit, EMEA, with responsibility for our high yield and investment grade fixed income teams in London. He manages the Threadneedle Credit Opportunities Fund and Strategic Bond Fund, and co-manages the Threadneedle High Yield Bond Fund as well as a number of institutional mandates.Barrie began his investment career in 1987 at United Bank of Kuwait as a credit analyst specialising in high yield bond investment. In 1990 he became a high yield fund manager and, in 1996, CIO for High Yield Investments. He then moved to Standard Bank London in 1997 as Head of European High Yield and Distressed Debt.Barrie graduated in 1982 with a BSc in Economics and Accounting from Hull University and qualified as a Chartered Accountant in 1986. He is also a member of the Institute of Chartered Accounts in England and Wales.
Ryan Staszewski16/10/2016Ryan Staszewski is a portfolio manager at Columbia Threadneedle Investments. Mr. Staszewski is responsible for European credit portfolios within the fixed income team in London. Previously, he worked as a credit analyst undertaking fundamental analysis across a number of sectors within the investment grade universe. Prior to joining one of the Columbia Threadneedle Investments firms in 2012, Mr. Staszewski held a role as a sell-side publishing analyst at JP Morgan, where he was voted the #2 utilities analyst by industry peers in the Euromoney 2012 fixed-income survey. Prior to that, he was a buy-side credit analyst at Aviva Investors.Mr. Staszewski received a degree in economics and finance from Curtin University, Western Australia, and is also a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Threadneedle Strat Bd Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.99%
Bid price213
Offer price224.2
Mid price-
CurrencyGBX
Price updated16/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeKS59
OMW Threadneedle Strat Bd SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price251.8
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeS994
Data provided by

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