Fact sheet: OMW AXA Framlington European

Fund information
Fund name
OMW AXA Framlington European Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Mark Hargravessince 01/12/2000
Underlying fund
AXA Framlington European
Fund objective
The OMW AXA Framlington European Fund invests solely in the AXA Framlington European Fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited.The underlying fund seeks to provide capital growth through investment principally in continental European equities. The underlying fund has the power to invest in the UK, but it is not currently proposed that it will do so. Investment is in companies which, in the Manager’s opinion, show above average profitability, management quality and growth.The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors.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 a result of exchange rate fluctuations.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.7%
1 Year rank in sector
191/360
Sector
PN Europe Excluding UK
Yield
-
Fund size
£2m (£2m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
110
Bid price
1452.7
Offer price
1529.1
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn50.3%
Scot Eq Neptune Eur Opps Pn50.3%
SIP Neptune Eurpn Opps Pn50%
L&G Neptune European Opps Pn49.3%
RLP EurSpl(NeptuneEurpOpp)Pn49.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany24.8%
    France22.1%
    Switzerland18.3%
    Netherlands8.4%
    Others7%
  • Financials20.3%
    Health Care17.7%
    Consumer Discretionary17.4%
    Consumer Staples11.4%
    Information Technology11.1%
  • German Equities24.8%
    French Equities22.1%
    Swiss Equities18.3%
    Dutch Equities8.4%
    International Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%8%6.8%23.7%23.6%71.6%
Sector0.4%8.3%7.2%23.9%27.9%73.5%
Rank within sector286 / 372221 / 371192 / 369191 / 360286 / 342163 / 315
Quartile4th3rd3rd3rd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.5%15.3%8.3%-2.8%22%
Sector2.1%15.8%9.4%-0.2%25.6%
Rank within sector257 / 371214 / 360182 / 354294 / 342257 / 330
Quartile3rd3rd3rd4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.55
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.13
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.34
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
13.16
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.07
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.49
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.96
Price movement
52 week high1485.9
52 week low1147.1
Current bid price1452.7
Current offer price1529.1
Current mid price-
Region
1Germany24.83%
2France22.14%
3Switzerland18.32%
4Netherlands8.43%
5Others6.96%
6Denmark6.76%
7Norway5.6%
8Belgium4.04%
9Sweden2.92%
Industry sector
1Financials20.32%
2Health Care17.69%
3Consumer Discretionary17.39%
4Consumer Staples11.35%
5Information Technology11.1%
6Industrials7.24%
7Energy5.54%
8Telecommunications Utilities4.38%
9Materials2.88%
Asset type
1German Equities24.83%
2French Equities22.14%
3Swiss Equities18.32%
4Dutch Equities8.43%
5International Equities6.96%
6Danish Equities6.76%
7Norwegian Equities5.6%
8Belgian Equities4.04%
9Swedish Equities2.92%
Individual holdings
1NESTLE SA4.8%
2NOVARTIS AG4.3%
3ROCHE HLDG AG4.3%
4SAP SE3.4%
5STATOIL ASA3.4%
6ALLIANZ SE3%
7BAYER AG2.8%
8ING GROEP N.V.2.8%
9NOVO-NORDISK AS2.8%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW AXA Framlington European Fund invests solely in the AXA Framlington European Fund, a UK authorised Unit Trust managed by AXA Investment Managers UK Limited.The underlying fund seeks to provide capital growth through investment principally in continental European equities. The underlying fund has the power to invest in the UK, but it is not currently proposed that it will do so. Investment is in companies which, in the Manager’s opinion, show above average profitability, management quality and growth.The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors.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 a result of exchange rate fluctuations.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mark Hargraves01/12/2000Joined AXA Investment Managers as a portfolio manager in 2000 and has a wide range of fund management experience managing European, EAFE and global portfolios. He is currently lead manager of a number of retail and institutional products in European and global equities. Mark started his fund management career in 1996 at Hambros Fund Management. He attended the University of Bristol, gaining a Geography BSc (Hons). In 2000, he obtained a Masters in Finance from London Business School. He is an Associate Member of the CFA Institute of UK.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW AXA Framlington European Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price1452.7
Offer price1529.1
Mid price-
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeUY46
OMW AXA Framlington European SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price1917.7
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX46
Data provided by

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