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
25.1%
1 Year rank in sector
160/359
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
1519.8
Offer price
1599.7
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn50.5%
Zurich Nept EuroOppsPn49%
Scot Eq Neptune Eur Opps Pn48.9%
OMW Neptune European Opps48.9%
L&G Neptune European Opps Pn48.6%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany25.1%
    France21.9%
    Switzerland18.2%
    Netherlands8.4%
    Denmark6.5%
  • Financials20.9%
    Health Care18%
    Consumer Discretionary17.1%
    Information Technology11.2%
    Consumer Staples11.2%
  • German Equities25.1%
    French Equities21.9%
    Swiss Equities18.2%
    Dutch Equities8.4%
    Danish Equities6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4%7.9%10.4%25.1%29.8%76.4%
Sector3.6%7.5%9.9%24.4%31.3%79.5%
Rank within sector157 / 372142 / 370151 / 368160 / 359201 / 342182 / 315
Quartile2nd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund6.2%15.3%8.3%-2.8%22%
Sector5.8%15.8%9.4%-0.2%25.6%
Rank within sector144 / 370213 / 359182 / 353294 / 341257 / 330
Quartile2nd3rd3rd4th4th
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.
-2.02
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.
1.14
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.
0.27
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%.
13.04
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.
3.04
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.
-0.34
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 high1525.5
52 week low1176.1
Current bid price1519.8
Current offer price1599.7
Current mid price-
Region
1Germany25.07%
2France21.89%
3Switzerland18.22%
4Netherlands8.38%
5Denmark6.48%
6Others5.97%
7Norway5.74%
8Belgium4.01%
9Sweden2.98%
Industry sector
1Financials20.92%
2Health Care17.96%
3Consumer Discretionary17.08%
4Information Technology11.24%
5Consumer Staples11.18%
6Industrials7.4%
7Energy5.48%
8Telecommunications Utilities4.49%
9Materials2.99%
Asset type
1German Equities25.07%
2French Equities21.89%
3Swiss Equities18.22%
4Dutch Equities8.38%
5Danish Equities6.48%
6International Equities5.97%
7Norwegian Equities5.74%
8Belgian Equities4.01%
9Swedish Equities2.98%
Individual holdings
1NESTLE SA4.7%
2ROCHE HLDG AG4.4%
3NOVARTIS AG4.2%
4BAYER AG3.6%
5SAP SE3.5%
6STATOIL ASA3.3%
7ALLIANZ SE3%
8ING GROEP N.V.2.9%
9DNB ASA2.5%
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 price1519.8
Offer price1599.7
Mid price-
CurrencyGBX
Price updated22/03/2017
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 price2007.3
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX46
Data provided by

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