Omnis Managed Balanced Fund
Omnis Managed Balanced Fund FUND FACTSHEET May 2015 Market Commentary Investment objective To achieve capital growth Inception date/ Fund launch 2nd March 2009 Ongoing Charge figure as at 31st December 2014 A Acc Class 1.61% B Acc Class 0.87% B Inc Class 0.88% ISIN A Acc Class B Acc Class B Inc Class Sedol A Acc Class B Acc Class B Inc Class Global equities had a strong first quarter, supported by monetary easing by central banks, continued economic strength in the US, signs of recovery in Europe, and a steadying of the oil price after earlier precipitous declines. The US market was relatively muted, but the strength of the dollar amplified sterling returns. European stocks outperformed in an eventful period for the region; In January, the European Central Bank announced a bigger-than-expected programme of quantitative easing. In the UK, the FTSE 100 reached a record high. However, growing uncertainty in the run-up to the general election caused the index to lag European counterparts over the quarter. In Japan, central-bank largesse and a weaker yen helped stocks to rise. Global bond markets also rose over the quarter as the ECB began its programme of quantitative easing. Both asset allocation and the performance of the underlying funds made positive contributions over the quarter. Positions in European and Japanese equities proved beneficial, as did the underweight position in UK fixed income. The holding in Far East equities was also positive for performance. GB00B3V30X13 GB00B3V30Y20 GB00B94LXH91 In terms of the fund’s positioning, we retain an overweight stance in equities. We hope for corporate earnings growth to come through in 2015 given the ongoing recovery in the developed economies and the positive effects of accommodative monetary policy. The fund is underweight in fixed income, where we retain a preference for corporate bonds over government securities. B3V30X1 B3V30Y2 B94LXH9 Top 10 Holdings AUM as at 31st May 2015 £180.91 million Fund price as at 31st May 2015 A Acc Class B Acc Class B Inc Class Base currency Type of shares Fund Managers 210.74 218.86 116.29 Pounds Sterling A Accumulation B Accumulation B Income Alex Lyle ABOUT THE FUND MANAGER • Alex Lyle Fund Manager and Head of Q1, 2015 Portfolio Breakdown Fund% UK Corporate Bond Fund 8.71% UK Equities 31.30% UK Fund 8.36% US Equities 14.67% American Fund 8.29% UK Government Bonds 10.60% Europe Equities 10.00% Fund% Global Emerging Market Equity Fund 7.96% UK Select Fund 7.03% UK Equity Income Fund 6.96% Navigator Income Trust 6.03% Japan Fund 5.88% UK Extended Alpha Fund 5.21% Pan European Accelerando Fund 4.68% International Bonds 9.42% Emerging Markets Equities 7.96% Japan Equities 5.88% Cash 4.39% Global Equities 2.30% Other 3.48% Source: State Street Bank & Trust Company as at 31st May 2015 Source: State Street Bank & Trust Company as at 31st May 2015 Please note that the Omnis Managed Balanced Fund was converted from NURS to UCITS on 14th July 2014. As a result of this the ACD is not permitted to disclose any historical performance data until 13 months post conversion. Performance data will therefore be disclosed from August 2015. Managed Funds, Threadneedle Alex Lyle is Threadneedle’s Head of Managed Funds. In 1980, he joined Hambros Bank’s unit trust division, which was acquired by Allied Dunbar in 1981 and subsequently became part of Threadneedle Investments in 1994. He managed UK equity portfolios for more than 20 years. He was appointed joint head of Threadneedle’s Pan European equity team in December 1999 and then Head of Managed funds in May 2003. In this role he takes responsibility for a large number of our managed funds, is a member of the asset allocation committee and is a key investment contact between Threadneedle and some of our major clients. INVESTMENT POLICY • It is expected that there will be an emphasis on exposure to equities and fixed interest investments. However, investments will not be confined to any particular sector. Exposure will be achieved primarily through investment in collective investment schemes managed by firms in the investment manager’s group of companies. The Fund may also invest in collective investment schemes managed by other managers, transferable securities, money market instruments, warrants and deposits. Use may also be made of stock lending, temporary borrowing and cash holdings. Derivatives may also be used for the purposes of hedging and efficient portfolio management. ABOUT OMNIS INVESTMENTS • Omnis Investments Limited is a joint venture between Openwork Holdings Limited and various companies within the Octopus Investments Group, bringing established specialist providers together to create a tailored investment solution. It is focused on delivering maximum returns to investors for well-defined levels of risk via a series of funds. Important Information Please note that the value of an investment may go down as well as up and an investor may not get back the full amount invested. The Omnis Managed Investments ICVC is an authorised Investment Company with Variable Capital. The authorised corporate director of the Omnis Managed Investments ICVC is Omnis Investments Limited (Registered Office, Washington House, Lydiard Fields, Swindon, SN5 8UB) which is authorised and regulated by the Financial Conduct Authority, 25 North Colonnade, London E14 5HS. This document has been issued and approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by Omnis Investments Limited. All information correct as at 31st May 2015. Omnis Investments Limited is registered in England and Wales under registration number 06582314. Omnis Investments Limited does not offer investment advice nor make recommendations regarding investments. Potential investors are particularly advised to read the specific risks and charges applicable to the Fund which are contained in the Key Investor Information Document (KIID). The KIID and Supplementary Information Document (SID) are available from Omnis Investments Limited at www.omnisinvestments.com or by telephoning 0845 140 0070 during normal business hours. The full Prospectus is also available on request from Omnis Investments Limited.
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