Fact sheet: OMW UBS UK Equity Income

Fund information
Fund name
OMW UBS UK Equity Income Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Steven Magillsince 29/04/2013
Underlying fund
UBS UK Equity Income
Fund objective
The OMW UBS UK Equity Income fund invests solely in the UBS UK Equity Income fund, a sub fund of UBS Investment Funds ICVC, a UK authorised open-ended investment company, managed by UBS Asset Management Funds Ltd. The underlying fund seeks to generate income and achieve long term capital growth through active management of a diversified portfolio invested primarily in UK equities. 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
No data available.
Investment method
Shares
Quick stats
1 Year return
31.3%
1 Year rank in sector
1/225
Sector
PN UK Equity Income
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.
134
Bid price
130.8
Offer price
137.6
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96.8%
    Money Market3.2%
  • Financials27.4%
    Oil & Gas15.4%
    Industrials14.3%
    Basic Materials13.2%
    Consumer Services11.2%
  • UK Equities96.8%
    Money Market3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.3%11.5%25.3%31.3%26.7%62.9%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector2 / 2291 / 2291 / 2291 / 22518 / 205100 / 192
Quartile1st1st1st1st1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund30.9%-4.6%-2.6%23.1%9.5%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector1 / 225193 / 220202 / 205118 / 197161 / 192
Quartile1st4th4th3rd4th
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.
-0.16
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.
1.23
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.
0.23
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%.
12.77
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.
6.66
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.
0.12
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.
0.75
Price movement
52 week high128.9
52 week low86.6
Current bid price130.8
Current offer price137.6
Current mid price-
Region
1UK96.8%
2Money Market3.2%
Industry sector
1Financials27.4%
2Oil & Gas15.4%
3Industrials14.3%
4Basic Materials13.2%
5Consumer Services11.2%
6Health Care6%
7Utilities3.7%
8Money Market3.2%
9Consumer Goods3%
Asset type
1UK Equities96.8%
2Money Market3.2%
Individual holdings
1BP7.2%
2HSBC HLDGS5.9%
3ROYAL DUTCH SHELL5.6%
4BARCLAYS PLC4.9%
5GLAXOSMITHKLINE4.4%
6GLENCORE PLC4.4%
7ANGLO AMERICAN4.1%
8LLOYDS4.1%
9RIO TINTO4.1%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW UBS UK Equity Income fund invests solely in the UBS UK Equity Income fund, a sub fund of UBS Investment Funds ICVC, a UK authorised open-ended investment company, managed by UBS Asset Management Funds Ltd. The underlying fund seeks to generate income and achieve long term capital growth through active management of a diversified portfolio invested primarily in UK equities. 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
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Steven Magill29/04/2013Steve Magill is a Senior Portfolio Manager with a focus on UK Value Equity strategies. He joined UBS Global Asset Management in 1986, originally as an investment assistant. He took a career break between 1990 and 1993 to study, returning as a UK Equity Portfolio Manager. In 2000, Steve became a Pan-European pharmaceutical research analyst, taking on the role of Deputy Head of European Research in 2007. During this period Steve also co-ordinated the Global Healthcare team. He took on his current role in 2009. Steve is a Regular Member of the CFA Society of the UK and the CFA Institute.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW UBS UK Equity Income Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price130.8
Offer price137.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA7W7
OMW UBS UK Equity Income SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price147.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA7W8
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.