Fact sheet: Old Mutual GblEqAbsRtn

Fund information
Fund name
Old Mutual Global Equity Absolute Return R Hedged Acc GBP
Fund manager company
Old Mutl Glbl Investors(UK)Ltd
Fund type
No data available.
Fund managers
  • Amadeo Alentornsince 29/06/2009
  • Mike Serventsince 29/06/2009
  • Ian Heslopsince 29/06/2009
Fund objective
The objective of Old Mutual Global Equity Absolute Return Fund is capital appreciation while closely controlling risk. In addition, Old Mutual Global Equity Absolute Return Fund intends to deliver absolute returns that have a low correlation with equity and bond markets.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Market Neutral
Investment method
Equity
Quick stats
1 Year return
2.8%
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Equity
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.
0.82%
Fund size
£7,158m (£4,669m 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.
27
Top in this sector
Fund name1 Year
Majedie Tortoise28.4%
MontLake ToscaMiCaUCITS27.8%
DNB ECO Abs Rt25.9%
Stratton Street Japan Syn Warrant21%
Income Partners AllSeasnAsCred19.5%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • North America72.6%
    Europe64.7%
    Asia Pacific ex Japan37.5%
    Japan30.1%
  • Information Technology5.8%
    Energy5.3%
    Materials5.2%
    Industrials1.5%
    Health Care0.8%
  • No data available.

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%5.4%2.9%2.8%16.6%42.8%
Sector0.6%-0.1%0.5%-2.2%3.5%14.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund2.7%4.4%9.2%18.4%1.5%
Sector-1.9%2.7%2.5%7.1%3.9%
Rank within sector-----
Quartile
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.
5.03
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.
-0.48
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.
0.29
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%.
3.76
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.
4.56
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.
0.84
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.
0.06
Price movement
52 week high161.6
52 week low152.4
Current bid price-
Current offer price-
Current mid price161.6
Region
1North America72.6%
2Europe64.7%
3Asia Pacific ex Japan37.5%
4Japan30.1%
Industry sector
1Information Technology5.8%
2Energy5.3%
3Materials5.2%
4Industrials1.5%
5Health Care0.8%
6Consumer Staples-1.4%
7Financials-1.7%
8Utilities-4.2%
9Telecommunications Utilities-5.3%
Asset type
No data available.
Individual holdings
1NETEASE INC1.4%
2ANGLO AMERICAN1.2%
3APPLIED MATERIALS INC1.2%
4ARCELORMITTAL SA1.2%
5SOCIETE GENERALE1.1%
Management
Fund manager group
Old Mutual
Fund manager company
Old Mutl Glbl Investors(UK)Ltd
Fund type
No data available.
Fund objective
The objective of Old Mutual Global Equity Absolute Return Fund is capital appreciation while closely controlling risk. In addition, Old Mutual Global Equity Absolute Return Fund intends to deliver absolute returns that have a low correlation with equity and bond markets.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Market Neutral
Investment method
Equity
Fund managers
NameSinceBiography
Amadeo Alentorn29/06/2009Amadeo Alentorn is a part of the Quantitative Strategies desk, where they run a variety of mandates, ranging from global equity market neutral hedge funds to regional long only equity funds. His current role mainly consists of managing the research team, and conducting research into new ideas and models. As part of his role he also get involved in portfolio management and client meetings. One great thing about our team is the close interaction between research, portfolio management and systems, which enables them to gain exposure to the entire quantitative investing life cycle, from idea generation to research, implementation and trading. Overall, it's a very enjoyable and stimulating work environment. He joined OMAM in 2005, while finishing his PhD in Computational Finance at CCFEA, in the University of Essex. Coming from an academic background, one aspect that attracted him to OMAM's Quantitative Strategies team was its rigorous approach to research and the close links with academia, which gives him the opportunity to work alongside some of the top professors in finance. Prior to his career at OMAM, he collaborated with the Bank of England in several research projects, and worked for four years in software development. He have a BEng in Robotics from the University of Plymouth and an MSc in Computer Science from the University of Essex.
Mike Servent29/06/2009Mike joined the Global Equity team at Old Mutual Global Investors in November 2004. He is a fund manager, and as Head of Systems is responsible for maintaining the investment platform and systems employed by the team. Prior to joining Old Mutual Global Investors, he was a senior consultant at Barra International, specialising in the implementation of multi-asset class risk systems. Prior to this he spent five years with COR Risk Solutions, developing financial modelling software. Mike has over 14 years of experience in the industry.
Ian Heslop29/06/2009Ian became the manager of Global Technology at Old Mutual Asset Managers (OMAM) in January 2002. Prior to this he was US Technology and Biotechnology Fund Manager at Gerrard. He joined the company in 2000 from Barclays Global Investors where he was UK Quantitative Fund Manager. Ian has a degree in Chemistry from Oxford University and a Ph.D. in Medicinal Chemistry from Edinburgh University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden, United Arab Emirates
Old Mutual Global Equity Absolute Return A Acc USD
Initial charge6.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price1.2004
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIBJD
Old Mutual Global Equity Absolute Return A Hedged Acc CHF
Initial charge6.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2668
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4UY
Old Mutual Global Equity Absolute Return A Hedged Acc EUR
Initial charge6.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price1.3358
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LQL
Old Mutual Global Equity Absolute Return A Hedged Acc GBP
Initial charge6.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price152.29
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQD3
Old Mutual Global Equity Absolute Return A Hedged Acc RMB
Initial charge6.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price11.6027
CurrencyCNH
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZFF
Old Mutual Global Equity Absolute Return A Hedged Acc SGD
Initial charge6.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price11.2334
CurrencySGD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKICC
Old Mutual Global Equity Absolute Return A Hedged Inc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMULJ
Old Mutual Global Equity Absolute Return A2 Hedged Acc CHF
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-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNO0R
Old Mutual Global Equity Absolute Return C Acc USD
Initial charge1%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.09%
Total expense ratio (TER)3.16%
Bid price-
Offer price-
Mid price10.6511
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2QJ
Old Mutual Global Equity Absolute Return I Acc USD
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price1.5994
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQD6
Old Mutual Global Equity Absolute Return I Hedged Acc CHF
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.305
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMQQC
Old Mutual Global Equity Absolute Return I Hedged Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price1.5824
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQD4
Old Mutual Global Equity Absolute Return I Hedged Acc SEK
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.199
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKM8U
Old Mutual Global Equity Absolute Return I Hedged Inc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMULK
Old Mutual Global Equity Absolute Return R Hedged Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price161.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQD5
Old Mutual Global Equity Absolute Return U1 Hedged Acc GBP
Initial charge-
Annual charge0.68%
Min single investment£100,000,000
Min regular saving£50,000,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price112.11
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK94E
Old Mutual Global Equity Absolute Return U2 Hedged Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£250,000,000
Min regular saving£125,000,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price115.23
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJDVU
Old Mutual Global Equity Absolute Return X Acc GBP
Initial charge-
Annual charge-
Min single investment£20,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKICD
Data provided by

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