Fact sheet: OMW Threadneedle UK Eq Inc

Fund information
Fund name
OMW Threadneedle UK Eq Inc Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Richard Colwellsince 31/08/2010
Underlying fund
Threadneedle UK Eq Inc
Fund objective
The OMW Threadneedle UK Equity Income fund invests solely in the Threadneedle UK Equity Income 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 an above-average rate of income combined with sound prospects for capital growth. The underlying fund will invest primarily in UK equities. It may, however, invest in other securities, such as convertibles and gilts. 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
6.6%
1 Year rank in sector
103/225
Sector
PN UK Equity Income
Yield
-
Fund size
£11m (£13m 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.
100
Bid price
211.3
Offer price
222.4
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income26.3%
FL Income Accumulation Pn23%
FL Schroder Inc AP22.6%
OMW IPLM&GGlLePn22.6%
Scot Eq Schroder Income Pn21.9%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK99.3%
    Money Market0.7%
  • Industrials21.9%
    Consumer Services20.5%
    Health Care14%
    Financials13.1%
    Consumer Goods12.9%
  • UK Equities99.3%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-3.7%5.4%6.6%21.1%71.9%
Sector1.1%-1.3%6.3%7.8%19.2%61%
Rank within sector161 / 229177 / 229110 / 229103 / 22584 / 20555 / 192
Quartile3rd4th2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.9%4%5.9%27.2%18.4%
Sector7.3%3.9%3.7%23.2%13.2%
Rank within sector109 / 225150 / 22047 / 20544 / 19740 / 192
Quartile2nd3rd1st1st1st
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.
0.25
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.
1.07
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.
0.26
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%.
10.18
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.
3.38
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.
0.16
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.
0.89
Price movement
52 week high226
52 week low180.3
Current bid price211.3
Current offer price222.4
Current mid price-
Region
1UK99.3%
2Money Market0.7%
Industry sector
1Industrials21.9%
2Consumer Services20.5%
3Health Care14%
4Financials13.1%
5Consumer Goods12.9%
6Utilities7.5%
7Oil & Gas4%
8Telecommunications3.3%
9Basic Materials2.1%
Asset type
1UK Equities99.3%
2Money Market0.7%
Individual holdings
1ASTRAZENECA PLC7%
2GLAXOSMITHKLINE7%
3IMPERIAL BRANDS PLC6.6%
4MORRISON(WM.)SUPERMARKETS4.2%
5ROYAL DUTCH SHELL4%
6BT GROUP3.3%
7RSA INSURANCE GROUP PLC3.2%
8UNILEVER3.2%
9ELECTROCOMPONENTS3%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Threadneedle UK Equity Income fund invests solely in the Threadneedle UK Equity Income 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 an above-average rate of income combined with sound prospects for capital growth. The underlying fund will invest primarily in UK equities. It may, however, invest in other securities, such as convertibles and gilts. 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
Richard Colwell31/08/2010Richard Colwell joined the company in 2010 as a portfolio manager in the UK Equities team. He manages the Threadneedle UK Growth & Income Fund and co-manages the Threadneedle Monthly Extra Income Fund, Threadneedle UK Equity Income Fund and the Threadneedle UK Equity Alpha Income Fund. He also has research responsibility for the health care and insurance sectors. Before joining the company, Richard ran high alpha UK equity portfolios at Aviva Investors. He has also held portfolio management roles at Credit Suisse and Schroders and worked at the Bank of England. Richard has a degree in Banking, Insurance & Finance from the University of Bangor. He holds the Chartered Financial Analyst designation and is a member of the CFA Society of the UK as well as the Chartered Institute of Bankers.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Threadneedle UK Eq Inc Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.14%
Bid price211.3
Offer price222.4
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQJ12
OMW Threadneedle UK Eq Inc SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price241.4
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQJ13
Data provided by

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