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.