Fact sheet: Old Mutual ARGB

Fund information
Fund name
Old Mutual Absolute Return Government Bond R Acc GBP
Fund manager company
Old Mutl Glbl Investors(UK)Ltd
Fund type
OEIC
Fund managers
  • Mark Greenwoodsince 13/06/2016
  • Paul Shantasince 06/10/2015
  • Peter Meiklejohnsince 13/06/2016
  • Adam Purzitskysince 06/10/2015
Fund objective
The investment objective of the Fund is to seek to deliver positive total returns on a rolling twelve month basis with stable levels of volatility uncorrelated to bond and equity market conditions.
Benchmark
  • Sterling Overnight Interbank Average Rate (SONIA)
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-0.8%
1 Year rank in sector
81/131
Sector
FO Absolute Return
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.75%
Fund size
£0m
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%-0.7%0.5%-0.8%--
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector67 / 14089 / 14072 / 13881 / 131--
Quartile2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-1.3%----
Sector0.3%0.7%1.2%3.6%3.9%
Rank within sector89 / 131----
Quartile3rd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.19
52 week low9.36
Current bid price-
Current offer price-
Current mid price10.05
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Old Mutual
Fund manager company
Old Mutl Glbl Investors(UK)Ltd
Fund type
OEIC
Fund objective
The investment objective of the Fund is to seek to deliver positive total returns on a rolling twelve month basis with stable levels of volatility uncorrelated to bond and equity market conditions.
Benchmark
  • Sterling Overnight Interbank Average Rate (SONIA)
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mark Greenwood13/06/2016
Paul Shanta06/10/2015Paul joined Ignis Asset Management in September 2008 via the graduate scheme and has since been promoted to Portfolio Manager; he now works closely with derivatives trading and portfolio management within the Rates team. He graduated from the University of Strathclyde with a BSc Honours in Maths, Statistics and Finance in 2004. His investment experience began as a summer intern with JP Morgan Chase working within the Convertible Bonds Trading Team. He passed his IMC in December 2008 and has recently passed level 3 of the CFA examination and will complete the required four years of industry experience during 2012.
Peter Meiklejohn13/06/2016
Adam Purzitsky06/10/2015Adam joined Ignis Asset Management in January 2009 as a quantitative portfolio manager from Société Générale. He began his career with Lehman Brothers in the fixed income quantitative strategies team based in London. Adam holds a PhD in economics from Princeton University, where he wrote his thesis on “Jump-Diffusion Models in Empirical Asset Pricing” and a BA in Mathematics from York University in Toronto, Canada.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
Old Mutual Absolute Return Government Bond A Acc GBP
Initial charge6.25%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0005
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK0S
Old Mutual Absolute Return Government Bond A Hedged Acc EUR
Initial charge6.25%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9153
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK1C
Old Mutual Absolute Return Government Bond A Hedged Acc USD
Initial charge6.25%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0329
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK1B
Old Mutual Absolute Return Government Bond F Acc GBP
Initial charge-
Annual charge0.3%
Min single investment£25,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.082
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1A
Old Mutual Absolute Return Government Bond F Hedged Acc EUR
Initial charge-
Annual charge0.3%
Min single investment£25,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9818
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1G
Old Mutual Absolute Return Government Bond F Hedged Acc USD
Initial charge-
Annual charge0.3%
Min single investment£25,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1032
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1F
Old Mutual Absolute Return Government Bond I Hedged Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9553
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1I
Old Mutual Absolute Return Government Bond I Hedged Acc USD
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0713
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1H
Old Mutual Absolute Return Government Bond L2 Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1993
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN41T
Old Mutual Absolute Return Government Bond R Acc GBP
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0463
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK0U
Old Mutual Absolute Return Government Bond U1 Acc GBP
Initial charge-
Annual charge0.45%
Min single investment£100,000,000
Min regular saving£50,000,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0566
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1N
Old Mutual Absolute Return Government Bond U1 Hedged Acc EUR
Initial charge-
Annual charge0.45%
Min single investment£100,000,000
Min regular saving£50,000,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9358
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1L
Old Mutual Absolute Return Government Bond U2 Acc GBP
Initial charge-
Annual charge0.4%
Min single investment£250,000,000
Min regular saving£125,000,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0671
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK0Z
Old Mutual Absolute Return Government Bond U2 Hedged Acc EUR
Initial charge-
Annual charge0.4%
Min single investment£250,000,000
Min regular saving£125,000,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9348
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK0X
Old Mutual Absolute Return Government Bond X Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1P
Old Mutual Absolute Return Government Bond X Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK1Q
Data provided by

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