Fact sheet: OMW Witan Pacific Inv Trust

Fund information
Fund name
OMW Witan Pacific Inv Trust Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Matthews International Capital Management, LLCsince 30/04/2012
  • MW GaveKal Asia Limitedsince 24/04/2012
  • Aberdeen Asiasince 01/03/2005
Underlying fund
Witan Pacific IT PLC
Fund objective
The OMW Foreign & Colonial Pacific Investment Trust Fund invests solely in the Foreign & Colonial Pacific Investment Trust, a UK Approved Investment Trust managed by Foreign & Colonial Management Limited. The aim of the underlying investment is to outperform a composite index consisting of 50% FT S&P Japan Index(a general market index for Japanese equities) and 50% MSCI AC Asia Pacific ex Japan Free Index (a general market index for Pacific equities excluding Japan) over the medium to long term. It invests in a portfolio of equities in the Asia-Pacific Basin, including Australasia. Outperformance is sought through a combination of stock selection and asset allocation between markets, and the net asset value of the Investment Trust will therefore be determined by movements in both asset prices and currency exchange rates. Performance of the fund will be determined by movement in the price of the underlying Investment Trust which may not reflect movement in the price in the net asset value of the assets held. At any given time the market price may be at a discount or premium to the net asset value. Part of the underlying Investment Trust is denominated in US Dollars and the OMW fund is priced in Pounds Sterling. Exchange rate movements will therefore affect the price of the fund compared to the underlying Investment Trust. The markets in which this fund invests are volatile and as a result the fund should be regarded as high risk. It should be noted that the performance of the OMW fund will not match that of the underlying investment because of OMW fund charges, appropriate taxation adjustments and the OMW investment process.
Benchmark
  • MSCI AC Asia Pac Free
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
29.9%
1 Year rank in sector
5/61
Sector
PN Asia Pacific Including Japan
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.
98
Bid price
217.4
Offer price
228.8
Top in this sector
Fund name1 Year
Phoenix GT Far East & General Pn38.3%
FL Inv Perp Pacific EP30.8%
Medical Sickness Soc Far Estrn Pn30.2%
L&G Far East SH Pn29.9%
OMW Witan Pacific Inv Trust29.9%
...more in PN Asia Pacific Including Japan

Performance snapshot

Holdings snapshot

  • Japan25.3%
    Hong Kong & China24.4%
    Others14.6%
    Singapore9.7%
    Korea7.8%
  • Consumer Goods19.8%
    Financials19.2%
    Mutual Funds15.1%
    Industrials13.4%
    Others10.4%
  • Japanese Equities25.3%
    Asia Pacific Equities24.4%
    International Equities14.6%
    Singapore Equities9.7%
    South Korean Equities7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%7.6%4.7%29.9%49.4%62.6%
Sector-4.2%1.7%1.3%26.2%44.6%59.4%
Rank within sector1 / 621 / 612 / 615 / 6118 / 6020 / 60
Quartile1st1st1st1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund9.2%24.2%-1.8%5.6%9.5%
Sector5.5%25.3%0.8%6.7%6.8%
Rank within sector2 / 6142 / 6137 / 6037 / 6022 / 60
Quartile1st3rd3rd3rd2nd
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.
0.12
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.
0.96
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.
0.73
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%.
14.18
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.
6.5
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.
-0.1
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.
0.79
Price movement
52 week high218.8
52 week low161.1
Current bid price217.4
Current offer price228.8
Current mid price-
Region
1Japan25.33%
2Hong Kong & China24.35%
3Others14.61%
4Singapore9.74%
5Korea7.79%
6India6.82%
7Australia2.92%
8Indonesia2.92%
9Taiwan2.92%
Industry sector
1Consumer Goods19.8%
2Financials19.2%
3Mutual Funds15.1%
4Industrials13.4%
5Others10.4%
6Consumer Services8.9%
7Telecommunications5.6%
8Basic Materials5%
9Money Market2.6%
Asset type
1Japanese Equities25.33%
2Asia Pacific Equities24.35%
3International Equities14.61%
4Singapore Equities9.74%
5South Korean Equities7.79%
6Indian Equities6.82%
7Australian Equities2.92%
8Indonesian Equities2.92%
9Taiwanese Equities2.92%
Individual holdings
1SAMSUNG ELECTRONICS CO3%
2TAIWAN SEMICONDUCTOR CO2.3%
3HSBC HLDGS2.1%
4JAPAN TOBACCO INC2.1%
5MINTH GROUP2.1%
6SEVEN & I HOLDINGS CO LTD2%
7CHINA MOBILE LTD1.7%
8CAPITALAND1.6%
9UNITED OVERSEAS BANK1.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Foreign & Colonial Pacific Investment Trust Fund invests solely in the Foreign & Colonial Pacific Investment Trust, a UK Approved Investment Trust managed by Foreign & Colonial Management Limited. The aim of the underlying investment is to outperform a composite index consisting of 50% FT S&P Japan Index(a general market index for Japanese equities) and 50% MSCI AC Asia Pacific ex Japan Free Index (a general market index for Pacific equities excluding Japan) over the medium to long term. It invests in a portfolio of equities in the Asia-Pacific Basin, including Australasia. Outperformance is sought through a combination of stock selection and asset allocation between markets, and the net asset value of the Investment Trust will therefore be determined by movements in both asset prices and currency exchange rates. Performance of the fund will be determined by movement in the price of the underlying Investment Trust which may not reflect movement in the price in the net asset value of the assets held. At any given time the market price may be at a discount or premium to the net asset value. Part of the underlying Investment Trust is denominated in US Dollars and the OMW fund is priced in Pounds Sterling. Exchange rate movements will therefore affect the price of the fund compared to the underlying Investment Trust. The markets in which this fund invests are volatile and as a result the fund should be regarded as high risk. It should be noted that the performance of the OMW fund will not match that of the underlying investment because of OMW fund charges, appropriate taxation adjustments and the OMW investment process.
Benchmark
  • MSCI AC Asia Pac Free
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Matthews International Capital Management, LLC30/04/2012
MW GaveKal Asia Limited24/04/2012
Aberdeen Asia01/03/2005Aberdeen Asia is a subsidiary of Aberdeen PLC and is based in Singapore managing some £7.8 bn (as at 01/06/05) in client assets. Established in Asia in 1992, Aberdeen possess a team of some 30 fund managers who follow a fundamental investment style emphasising the identification of good quality companies on low valuations relative to growth potential. These companies are likely to deliver above average growth in earnings and dividends over the long term. Teams effectively work as one crossing over company visits under the direction of Hugh Young. Peter Hames (Investment Director) and Graeme Sinclair (Head of Japanese Equities) are involved with the day to day investment of the company's portfolio.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Witan Pacific Inv Trust Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.07%
Bid price217.4
Offer price228.8
Mid price-
CurrencyGBX
Price updated20/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS382
Data provided by

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