Fact sheet: OMW Janus Henderson UK Alpha

Fund information
Fund name
OMW Janus Henderson UK Alpha Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Neil Hermonsince 01/02/2013
  • Indriatti Van Hiensince 31/07/2016
Underlying fund
Janus Henderson UKAl
Fund objective
The OMW Henderson UK Alpha Fund invests solely in the Henderson UK Alpha Fund, a sub-fund of Henderson Investment Fund OEIC, a UK authorised Open-Ended Investment Company (OEIC), managed by Henderson Investment Funds Limited. The aim of the underlying fund is to achieve capital growth through a relatively concentrated portfolio. The underlying fund will invest principally in the securities of UK companies. 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. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
10.1%
1 Year rank in sector
95/848
Sector
PN UK All Companies
Yield
-
Fund size
£9m (£9m 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.
99
Bid price
265.2
Offer price
279.1
Top in this sector
Fund name1 Year
Stan Life SLI UK Opps Pn22.8%
OMW JPM Mid Cap Inv Trust22.5%
OMW Marlborgh UK MltiCap Gth20.2%
Av Old Mtl UK Mid Cap FP Pn19.7%
Zurich OM UK MidCap Pn19.6%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.5%
    Ireland0.8%
    Money Market-0.3%
  • Financials26.1%
    Industrials17.5%
    Consumer Services14%
    Oil & Gas10.4%
    Consumer Goods8.5%
  • UK Equities99.5%
    Irish Equities0.8%
    Money Market-0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.2%-0.7%1.6%10.1%32.1%65%
Sector-5.9%-1%-0.9%4.4%18.3%43.2%
Rank within sector550 / 860349 / 859115 / 85395 / 84864 / 81166 / 768
Quartile3rd2nd1st1st1st1st
Calendar performance
 YTD - 20182017201620152014
Fund-4.9%21%8.5%10.3%2.6%
Sector-4.4%12.3%10.2%4.4%0.6%
Rank within sector600 / 86072 / 845527 / 822144 / 810181 / 786
Quartile3rd1st3rd1st1st
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.
3.29
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.
1.15
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.
0.77
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%.
11.45
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.
4.61
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.
0.92
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.
0.85
Price movement
52 week high283.7
52 week low235.2
Current bid price265.2
Current offer price279.1
Current mid price-
Region
1UK99.48%
2Ireland0.83%
3Money Market-0.31%
Industry sector
1Financials26.06%
2Industrials17.52%
3Consumer Services14%
4Oil & Gas10.44%
5Consumer Goods8.51%
6Health Care8.32%
7Basic Materials8.09%
8Technology7.36%
9Money Market-0.31%
Asset type
1UK Equities99.48%
2Irish Equities0.83%
3Money Market-0.31%
Individual holdings
1ROYAL DUTCH SHELL7.93%
2NMC HEALTH PLC4.48%
3INTERMEDIATE CAPITAL GROUP3.37%
4HSBC HLDGS3.31%
5JOHN LAING GROUP PLC3.21%
6PRUDENTIAL PLC3.15%
7BELLWAY2.63%
8MELROSE INDUSTRIES PLC2.57%
9MICRO FOCUS INTERNATIONAL2.38%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Henderson UK Alpha Fund invests solely in the Henderson UK Alpha Fund, a sub-fund of Henderson Investment Fund OEIC, a UK authorised Open-Ended Investment Company (OEIC), managed by Henderson Investment Funds Limited. The aim of the underlying fund is to achieve capital growth through a relatively concentrated portfolio. The underlying fund will invest principally in the securities of UK companies. 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. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Neil Hermon01/02/2013Neil Hermon is Director of UK Equities at Janus Henderson Investors, a position he has held since 2013. Mr Hermon is also a Fund Manager on the International Long/Short Equity strategy. Neil joined Henderson in 2002 as head of UK smaller companies. Prior to Henderson, he served as head of UK smaller companies for General Accident Investment Management (later to become CGU plc). He began his career at Ernst & Young as a chartered accountant. Neil graduated from Cambridge University with a BSc (Hons) in mathematics. He is an associate of the Institute of Chartered Accountants of Scotland (CA) and an associate member of the UK Society of Investment Professionals (UKSIP) and has 28 years of financial industry experience.
Indriatti Van Hien31/07/2016Indriatti van Hien is Fund Manager of UK equities at Janus Henderson Investors, a position she has held since 2016. Indriatti joined Henderson in 2011 as a UK equity analyst. Prior to Henderson, she was with PricewaterhouseCoopers where she qualified as a chartered accountant and was a senior associate on the investment management tax advisory team. Indriatti graduated with a BA (Hons) in modern history and economics from Oxford University. She holds the Chartered Financial Analyst designation and the Investment Management Certificate (IMC). She has 10 years of financial industry experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Janus Henderson UK Alpha Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.26%
Bid price265.2
Offer price279.1
Mid price-
CurrencyGBX
Price updated16/02/2018
Type-
Institutional or retail classRetail
Domicile-
Citi codeNF86
OMW Janus Henderson UK Alpha SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price316.7
CurrencyGBX
Price updated16/02/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZS84
Data provided by

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