Old Mutual Global Equity Absolute Return (GBP) Class A Accumulation
Overview
| Fund manager's initial charge | 4.00% |
|---|---|
| HL initial saving | 4.00% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | Yes View risks |
| Total Expense Ratio | 5.44% |
| HL annual saving | 0.00% 2 |
| Platform fee | Free |
| Launch date | 01-07-2009 |
| Launch price | £1.00 |
| Sector | Absolute Return |
| Fund size | £23.00 million |
| Number of holdings | 316 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
About the Fund Manager
Quantitative Strategies Team
Located in: London
The fund is managed by our Quantitative Strategies team which manages a range of funds using a proven investment process working across developed markets. Dr Ian Heslop is Head of Quantitative Strategies. Ian Heslop joined the Quantitative Strategies team in June 2004 from OMAM's Global Equities team, where he was a fund manager specialising in the global technology and biotechnology sectors. He joined the Old Mutual group from Barclays Global Investors, where he was a UK quantitative fund manager (1997-2000). Ian has a BA in Chemistry from Oxford University (1993) and a PhD in Medicinal Chemistry from Edinburgh University (1997).
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 July 2012 |
|---|---|
| Payment date 4 | 30 September 2012 |
Top 10 holdings
| priceline.com | 1.72% |
|---|---|
| Swedish Match AB | 1.52% |
| Coach | 1.49% |
| Itochu Corp. | 1.48% |
| Compagnie Financiere Richemont S.A. | 1.46% |
| Marubeni Corp. | 1.46% |
| Gree | 1.45% |
| Cardinal Health | 1.43% |
| Netflix | 1.36% |
| Soho China | 1.35% |
Top 10 sectors
| Cash and Equiv. | 99.18% |
|---|---|
| General Retailers | 8.03% |
| Industrial Engineering | 7.43% |
| Chemicals | 5.64% |
| Personal Goods | 4.99% |
| Tobacco | 4.32% |
| Oil Equipment, Services & Distribution | 4.18% |
| Support Services | 3.75% |
| Nonlife Insurance | 3.06% |
| Automobiles & Parts | 2.64% |
Top 10 countries
| Cash and Equiv. | 99.18% |
|---|---|
| United Kingdom | 3.21% |
| Denmark | 1.82% |
| Belgium | 1.39% |
| Austria | 1.29% |
| Singapore | 0.96% |
| Norway | 0.82% |
| India | 0.75% |
| United States | 0.71% |
| South Korea | 0.53% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
As well as investing in shares and other assets, absolute return funds can also use derivatives to take short positions in companies. Therefore the returns depend primarily on the manager's stock picking skills, not solely on the price of their holdings rising, and the standard analysis of the underlying investments is not applicable.
Prices as at 09-02-2012. Data as at 31/08/2011.
