understanding our fund factsheets - old … our fund factsheets fund factsheets can often appear...

UNDERSTANDING OUR FUND FACTSHEETSFund factsheets can often appear confusing and use lots of technical terms. We’ve produced this guide to break down the jargon and make them easier to understand.

The first page of the fund factsheet includes basic information about the fund (such as the name, size, charges, sector and performance).

MANAGEMENT GROUPThe company responsible for the day-to-day running of the fund.

FUND NAMEThe name of the fund.

FUND SECTORFunds on the Old Mutual Wealth platform are classified within a sector (or category) of similar assets as defined by FE (Financial Express – our fund data provider).

MANAGER’S NAMEThe name of the particular fund manager with responsibility for running the fund.

FUND LAUNCH DATEThe date the fund was launched.

FUND SIZEThe total size of the fund.

BID PRICE/OFFER PRICE/ MID PRICEThe current price of the fund. The price type shown will change depending on the pricing method used for the fund. For further information, please speak to your financial adviser.

YIELDThe yield of the fund. Yield is a measure of the income received from an investment compared to the price paid for the investment.

XD DATES The date(s) an investor must be invested in the fund to receive a dividend (a distribution payment from the fund).

LAST DISTRIBUTION The most recent date when the fund paid a dividend.

ANNUAL MANAGEMENT CHARGEThe management fee paid to the fund manager for managing the fund.

ONGOING CHARGE FIGUREThe ongoing charge figure represents the true cost of running a fund. It includes the annual management charge (AMC) as well as the depository and custodial charges, and audit, registration, and compliance fees.

REBATE The amount paid to Old Mutual Wealth by the fund manager that is used, to either pay costs, or to reduce the cost of your investment. How the rebate is used will depend on the charge basis under which you are invested.

MORNINGSTAR ANALYST RATING Morningstar’s rating of the fund. A rating of Gold, Silver or Bronze indicates that Morningstar’s analysts think highly of the fund.

RAYNER SPENCER MILLS RATING The rating given to the fund by Rayner Spencer Mills (RSMR). The rated funds are the funds which RSMR believe are the best in their sector.

Fidelity International (FIL In

SPECIAL SITUATIONS A ACCDetailed Fund Information

Management GroupFidelity International (FIL In

Fund NameSPECIAL SITUATIONS A ACC

Fund SectorUK All Companies

Manager's NameAlex Wright

Fund Launch Date17-Dec-1979

Fund Size£2,598.17 (million)

Mid Price3080.00 p (Acc)

Yield*0.00 %

XD DatesMar 01

Last Distribution02/03/15 (XD Date)30/04/15 (Pay Date)21.6296000000 (Distribution)

Annual Management Charge1.50 %

Ongoing Charges Figure(as at 30-10-2015)1.69 %

RebateCharge basis 1&2 - 0.80%Charge basis 3 - 0.75%For further information, see our document"Making the cost of investment clear"(www.oldmutualwealth.co.uk/charges/SIS)

Morningstar Analyst RatingBronze

Rayner Spencer Mills RatingRated(See footnote for ratings information)

* Fund manager data for fixed interest fundsmay not identify yield as running orredemption yield. Old Mutual Wealth Ltd andOld Mutual Wealth Life & Pensions Ltdassume these are redemption yields, as theirprovision is an FCA regulatory requirement.

Important InformationAll performances are inclusive of any netreinvested income and exclusive of anyreinvested rebates. Performance figures andyields are as at 31/03/2016. A minority offunds also feature a performance related feewhich is not shown here. Please refer to yourFunds List for further information. Source:FE. The value of investments and theincome from them can fluctuate (this maypartly be the result of exchange ratefluctuations) and investors may not get backthe full amount invested. Past performanceis not a guide to the future.

Investment ObjectiveThe fund aims to achieve long-term capital growth. It invests mainly in the shares of UK companies. Itcan also invest up to 20% of its value in companies based outside the UK. The portfolio is likely tohave a bias towards medium sized and smaller companies. The fund may invest in derivatives for thepurposes of the efficient management of the fund.

Old Mutual Wealth Risk Evaluator as at 31/03/2016

Over 1 year 1 2 3 4 5 6 7 8 9 10

Over 3 year 1 2 3 4 5 6 7 8 9 10

Over 5 year 1 2 3 4 5 6 7 8 9 10

The fund risk score is based on historic volatility, as measured by standard deviation of returns, of thefund over the indicated time period. The historic volatility is then translated to the fund risk level whichis a whole number ranging from 1 (least risky) to 10 (most risky). Fund risk scores provide aretrospective view of a fund's volatility, which may vary widely over different time periods, and are notnecessarily indicative of a fund's future volatility.

Performance InformationSpecial Situations A Acc UK All Companies

-30 -20 -10

0 10 20 30 40 50 60 70

Apr 11 Jul OctJan 12Apr Jul OctJan 13Apr Jul OctJan 14Apr Jul OctJan 15Apr Jul OctJan 16

05/04/2011 - 04/04/2016 Powered by data from FE

%

Discrete Performance - 12 months to 31/03/162016 2015 2014 2013 2012

Fund 2.02 8.38 14.06 25.90 -1.58

Stock Sector Average -3.35 5.73 13.87 16.83 0.40

Cumulative Performance to 31/03/161 Yr 2 Yrs 3 Yrs 4 Yrs 5 Yrs

Fund 2.02 10.57 26.11 58.77 56.26


Performance Analysis - Annualised 3 yearsGrowthRate % Volatility Alpha Beta Sharpe

Fund 8.04 11.10 2.69 1.03 0.41

Stock Sector Average 5.18 10.11 0.00 1.00 0.17










Yield*0.00 %

XD DatesMar 01











Over 1 year 1 2 3 4 5 6 7 8 9 10

Over 3 year 1 2 3 4 5 6 7 8 9 10

Over 5 year 1 2 3 4 5 6 7 8 9 10



-30 -20 -10

0 10 20 30 40 50 60 70



%


Fund 2.02 8.38 14.06 25.90 -1.58



Fund 2.02 10.57 26.11 58.77 56.26



Fund 8.04 11.10 2.69 1.03 0.41


UNDERSTANDING OUR FUND FACTSHEETS

INVESTMENT OBJECTIVEThe objective of the fund and what it aims to achieve.

OLD MUTUAL WEALTH RISK EVALUATOR The fund risk score as determined by Old Mutual Wealth based on the fund’s historic volatility (how much the price has gone up and down) over the indicated time period. The historic volatility is then translated to the fund risk level which is a whole number ranging from one (least risky) to 10 (most risky).

PERFORMANCE INFORMATION The performance of the fund against the sector to which it has been assigned over the last 5 years (or since the launch of the fund if it was launched less than 5 years ago.) The fund management group may choose to benchmark using an alternative measure, and details of this will be available on the fund manager’s website.

DISCRETE PERFORMANCE The performance of the fund and sector average over 12 month periods to the end of the last calendar month. For example, if the current date is 01/06/16 then the performance shown will be for 01/06/15-31/05/16, 01/06/14-31/05/15, etc. You can see this information for the previous four 12 month periods as well as for the last 12 month period.

CUMULATIVE PERFORMANCEThe performance of the fund and sector average over the time periods shown to the end of the last calendar month.

PERFORMANCE ANALYSISThe performance of the fund and sector average over the last 3 years, by the following measures:Growth rate %: The growth of the fund and sector average.Volatility: Volatility measures how much a series of values moves up and down around its average. The higher the volatility number, the less consistent the historical performance has been.Alpha: The over- or under-performance of the fund in relation to the sector average.Beta: A measure of the volatility (how much the price has gone up and down) of the fund relative to the sector average. A beta above 1 shows that the fund is more volatile than the average, while a beta below 1 represents that the fund is less volatile.Sharpe Ratio: How well the fund has performed compared to the risk that has been taken by the fund manager. The higher the Sharpe Ratio, the better the fund return in risk adjusted terms. A Sharpe Ratio higher than one can be considered to be very good; while a ratio below 0.1 shows that the fund has performed poorly for the risk undertaken.










Yield*0.00 %

XD DatesMar 01











Over 1 year 1 2 3 4 5 6 7 8 9 10

Over 3 year 1 2 3 4 5 6 7 8 9 10

Over 5 year 1 2 3 4 5 6 7 8 9 10



-30 -20 -10

0 10 20 30 40 50 60 70



%


Fund 2.02 8.38 14.06 25.90 -1.58



Fund 2.02 10.57 26.11 58.77 56.26



Fund 8.04 11.10 2.69 1.03 0.41


UNDERSTANDING OUR FUND FACTSHEETSThe second page gives information on the holdings within the fund.

BREAKDOWN 1A combination of breakdowns of the fund’s holdings by asset class, geographical region, or investment sector.

LARGEST HOLDINGS The top 10 largest holdings within the fund.


SPECIAL SITUATIONS A ACCBreakdown 1

( % )Financials 39.0

Industrials 25.9

Consumer Services 15.8

Oil & Gas 9.6

Technology 5.6

Consumer Goods 4.5

Health Care 3.3

Basic Materials 2.7

Telecommunications 2.0

Breakdown 2

( % )UK 89.5

USA 12.9

Ireland 3.4

Austria 1.9

Greece 0.5

France 0.5

Germany 0.4

Switzerland 0.4

Hong Kong 0.3

Brazil 0.2

Largest Holdings

Holding ( % ) Holding ( % )LLOYDS BANKING GROUP PLC 4.5 % ROYAL MAIL PLC 3.3 %CITIGROUP INC 4.3 % REGUS PLC 3.1 %FIDELITY INSTITUTIONAL LIQUIDITY GBP A DIS 3.9 % HSBC HLDGS 3.0 %CARNIVAL 3.5 % ROYAL DUTCH SHELL 2.9 %ULTRA ELECTRONICS HLDGS 3.5 % WOLSELEY PLC 2.7 %

Charts and Table data. Source: FE, as at 30/11/2015

Information Source: FE

The FE sourced information is provided to you by Old Mutual Wealth Group and is used at your own risk. FE take care to ensure that the information provided is correct. Neither FE or Old Mutual Wealth Group warrants, represents norguarantees the contents of the information, nor do they accept any responsibility for error, inaccuracies, omissions or any inconsistencies herein.

Fund ratings agencies

Morningstar and Rayner Spencer Mills provide industry-leading investment research and fund ratings services. Using slightly different approaches, both are designed to help advisers and their clients identify high quality investments.

Calls may be monitored and recorded for training purposes and to avoid misunderstandings.

Old Mutual Wealth provides you with access to its investment platform. Within this platform you can open an ISA and Collective Investment Account provided by Old Mutual Wealth Ltd, a Collective Retirement Account and CollectiveInvestment Bond provided by Old Mutual Wealth Life & Pensions Ltd and access an existing Offshore Collective Investment Bond, distributed by Old Mutual Wealth Ltd but provided by Old Mutual International (Guernsey) Limited.

Old Mutual Wealth Life Assurance Ltd, Old Mutual Wealth Ltd and Old Mutual Wealth Life & Pensions Ltd are registered in England & Wales under numbers 1363932, 1680071 and 4163431 respectively. Registered Office at Old MutualHouse, Portland Terrace, Southampton SO14 7EJ, United Kingdom.

Old Mutual Wealth Life Assurance Ltd and Old Mutual Wealth Life & Pensions Ltd are authorised by the Prudential Regulation Authority and are regulated by the Financial Conduct Authority and the Prudential Regulation Authority. OldMutual Wealth Ltd is authorised and regulated by the Financial Conduct Authority. Their Financial Services register numbers are 110462, 207977 and 165359 respectively. VAT number for all above companies is 386 1301 59.

Old Mutual International (Guernsey) Limited is regulated by the Guernsey Financial Services Commission and is licensed to write long-term business under the Insurance Business (Bailiwick of Guernsey) Law 2002. Registered number2424. Registered Office at The Beehive, PO Box 121, Collings Road, St Peter Port, Guernsey GY1 3HE, Channel Islands.

Factsheet Reference: FISS

www.oldmutualwealth.co.uk

Calls may be monitored and recorded for training purposes and to avoid misunderstandings.

Old Mutual Wealth Limited is registered in England & Wales under number 1680071.

Registered Office at Old Mutual House, Portland Terrace, Southampton SO14 7EJ, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Financial Services register number 165359. VAT number 386 1301 59.

PDF12556/216-0395/July 2016

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