Fact sheet: OMW BNP Par L1 Eq Euro

Fund information
Fund name
OMW BNP Paribas L1 Equity Europe Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Andrew Kingsince 30/09/2010
Underlying fund
BNP Paribas L1 EqEurp
Fund objective
The OMW BNP Paribas L1 Equity Europe fund invests solely in the BNP Paribas L1 Equity Europe fund, a sub-fund of BNP Paribas L1, a Luxembourg-registered SICAV managed by BNP Paribas Investment Partners Luxembourg S.A. The aim of the underlying fund is to increase asset value in the medium term. The underlying fund invests at least 75% of its assets in shares or other securities of companies that have their registered offices in Europe. The remaining 25% of its assets may be invested in any other transferable securities, money market instruments, derivative financial instruments or cash, provided that the investments debt securities of any kind do not exceed 15% of its assets and up to 10% of its assets in other UCITS or UCIs. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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. 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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.
Benchmark
  • MSCI Europe NR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
25.6%
1 Year rank in sector
12/25
Sector
PN Europe Including UK
Yield
-
Fund size
£0m (£0m 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.
109
Bid price
181.5
Offer price
191
Top in this sector
Fund name1 Year
ReAssure BL Eupn Eq Trk Pn35.2%
OMW M&G Euro Smaller Cos33.9%
FL AB Eurpn Eqty EP33.4%
OMW Aberdeen Eurpn Sm Cos Eq31.5%
FL T. Rowe Prc Erpn SmCoEqPn28.9%
...more in PN Europe Including UK

Performance snapshot

Holdings snapshot

  • UK25.7%
    Germany16.1%
    Others13.9%
    Switzerland8.9%
    Netherlands8.9%
  • Financials22.2%
    Consumer Staples16%
    Health Care14.2%
    Industrials11.8%
    Consumer Discretionary10.2%
  • UK Equities25.7%
    German Equities16.1%
    International Equities13.9%
    Swiss Equities8.9%
    Dutch Equities8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%8.5%8.5%25.6%12.6%43.8%
Sector1.3%7.7%7.3%23.5%22.6%63.2%
Rank within sector15 / 2614 / 2612 / 2512 / 2519 / 2017 / 17
Quartile3rd3rd2nd2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund3.7%13.3%1%-5.3%19.6%
Sector2.4%12.9%7.7%-0.4%24.8%
Rank within sector8 / 2614 / 2420 / 2016 / 2016 / 19
Quartile2nd3rd4th4th4th
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.
-3.25
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.
1.06
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.
0.07
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%.
11.98
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.
3.74
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.
-0.79
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.
0.9
Price movement
52 week high182.4
52 week low143.8
Current bid price181.5
Current offer price191
Current mid price-
Region
1UK25.7%
2Germany16.11%
3Others13.85%
4Switzerland8.87%
5Netherlands8.85%
6Spain7.99%
7Ireland7.37%
8France6.3%
9Sweden4.96%
Industry sector
1Financials22.18%
2Consumer Staples16.03%
3Health Care14.24%
4Industrials11.79%
5Consumer Discretionary10.22%
6Energy8.94%
7Others5.93%
8Information Technology5.35%
9Materials5.32%
Asset type
1UK Equities25.7%
2German Equities16.11%
3International Equities13.85%
4Swiss Equities8.87%
5Dutch Equities8.85%
6Spanish Equities7.99%
7Irish Equities7.37%
8French Equities6.3%
9Swedish Equities4.96%
Individual holdings
1ROYAL DUTCH SHELL5.32%
2ROCHE HLDG AG3.06%
3BAYER AG2.99%
4STANDARD CHARTERED2.84%
5DIAGEO PLC2.61%
6UNILEVER NV2.6%
7NOVARTIS AG2.52%
8DNB ASA2.39%
9EXPERIAN PLC2.36%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW BNP Paribas L1 Equity Europe fund invests solely in the BNP Paribas L1 Equity Europe fund, a sub-fund of BNP Paribas L1, a Luxembourg-registered SICAV managed by BNP Paribas Investment Partners Luxembourg S.A. The aim of the underlying fund is to increase asset value in the medium term. The underlying fund invests at least 75% of its assets in shares or other securities of companies that have their registered offices in Europe. The remaining 25% of its assets may be invested in any other transferable securities, money market instruments, derivative financial instruments or cash, provided that the investments debt securities of any kind do not exceed 15% of its assets and up to 10% of its assets in other UCITS or UCIs. Investments in the underlying fund tend to be volatile and investors should expect an above average price increase or decrease. 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. 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. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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.
Benchmark
  • MSCI Europe NR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Andrew King30/09/2010
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW BNP Paribas L1 Equity Europe Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.61%
Bid price181.5
Offer price191
Mid price-
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDSP3
OMW BNP Paribas L1 Equity Europe SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price203.2
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDSP4
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