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OMW Nordea Optima

FE Crown Rating

Fund Objective

The OMW Nordea Optima fund invests solely in the Nordea Optima fund, a sub fund of the Nordea Asset Allocation Fund, a Luxembourg registered mutual investment fund managed by Nordea Investment Funds S.A. The aim of the underlying fund is to achieve good long-term growth in excess of the Sub-funds index. The underlying fund will normally have an overweight in equities, in comparison with fixed-income securities and cash (money market instruments with a residual maturity of less than 1 year and accessorily liquid assets). 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 result of exchange rate fluctuations. The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default. 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. Some of the investments in the underlying fund can be difficult to sell at times, which could affect the price of units. 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.

Fund Manager

Skandia Life

Fund Manager

Domicile

Sector

Currency

Primary Asset Class

Fund Size

GBX 1.20m as at 29-Aug-2014

Unit Name

OMW Nordea Optima

Inc/Acc

Accumulating 

Citicode

S432

Initial Charge

0.00%

Unit Currency

GBX 

ISIN

 

Annual Charge

n/a

Bid

GBX 251.60

Offer

GBX 264.80

Change (Offer)

-1.10 (-0.44%)
30-Sep-2014

Unit LaunchDate

07-Nov-1994

Performance Overview

Performance Charts

Cumulative Performance

  YTD 3m 6m 1y 3y 5y
Fund -0.24 -0.12 -0.04 0.48 23.15 31.75
Sector 2.87 1.55 2.69 5.13 22.48 27.06
 

Discrete Performance (%)

  2013 2012 2011 2010 2009
Fund 11.10 9.14 -6.53 14.85 17.65
Sector 10.14 6.76 -5.30 8.11 18.93

Asset Allocation (estimated from fund's sector average)

breakdown chart
  Asset Class % of Fund
North American Equities 27.30
Fixed Interest 20.10
European Equities 11.80
International Equities 11.40
UK Equities 10.50
Asia Pacific Equities 7.00
Equities 4.00
Money Market 3.60
Property 1.50
Alternative Investment Strategies 1.40
Others 1.40

Regional Breakdown

No breakdown data available.

Sector Breakdown

No breakdown data available.

All prices in Pence Sterling (GBX) unless otherwise specified. Price performance figures are calculated on a bid price to bid price basis with net income (dividends) reinvested. Performance figures are shown in Sterling.

 
 
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