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 A 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
10.7%
1 Year rank in sector
15/25
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
169.1
Offer price
177.9
Top in this sector
Fund name1 Year
AI UK Equity Income Pn26.6%
ReAssure BL Eupn Eq Trk Pn22.2%
FL AB Eurpn Eqty EP17.2%
OMW M&G Euro Smaller Cos16.2%
FL Cap Grp Eurpn Gth&Inc Pn14.6%
...more in PN Europe Including UK

Performance snapshot

Holdings snapshot

  • UK27.5%
    Germany16.1%
    Others14.9%
    Netherlands9.4%
    Switzerland8.9%
  • Financials20.7%
    Consumer Staples17.3%
    Health Care13.8%
    Industrials11.8%
    Consumer Discretionary9.9%
  • UK Equities27.5%
    German Equities16.1%
    International Equities14.9%
    Dutch Equities9.4%
    Swiss Equities8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%1.1%8.5%10.7%9.4%44.4%
Sector-0.1%0.4%8.2%10%21%66.8%
Rank within sector15 / 2610 / 2615 / 2615 / 2520 / 2118 / 18
Quartile3rd2nd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund9.4%1%-5.3%19.6%16.7%
Sector8.6%7.7%-0.4%24.8%17.4%
Rank within sector14 / 2521 / 2117 / 2117 / 2014 / 18
Quartile3rd4th4th4th4th
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.
-4.24
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.
1.05
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
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%.
11.73
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.
3.72
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.
-1.09
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 high175.5
52 week low136.3
Current bid price169.1
Current offer price177.9
Current mid price-
Region
1UK27.49%
2Germany16.08%
3Others14.93%
4Netherlands9.43%
5Switzerland8.94%
6Spain8.31%
7France6.29%
8Italy4.57%
9Sweden3.96%
Industry sector
1Financials20.68%
2Consumer Staples17.28%
3Health Care13.82%
4Industrials11.82%
5Consumer Discretionary9.91%
6Others8.15%
7Energy7.75%
8Information Technology5.4%
9Materials5.2%
Asset type
1UK Equities27.49%
2German Equities16.08%
3International Equities14.93%
4Dutch Equities9.43%
5Swiss Equities8.94%
6Spanish Equities8.31%
7French Equities6.29%
8Italian Equities4.57%
9Swedish Equities3.96%
Individual holdings
1ROYAL DUTCH SHELL5.29%
2ROCHE HLDG AG3.22%
3BAYER AG2.91%
4UNILEVER NV2.79%
5STANDARD CHARTERED2.66%
6DIAGEO PLC2.62%
7NOVARTIS AG2.56%
8EXPERIAN PLC2.49%
9JERONIMO MARTINS SGPS2.41%
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 A King30/09/2010Andrew has 23 years of investment experience and holds a B.A. Economics from the University of Sydney. He had been an Investment Analyst from 1985 - 1988 in Strauss, Turnbull & Co., United Kingdom and from 1988 - 1988 in Coutts & Co., United Kingdom. Later, he had been the Head of Equities from 1988 - 1996 in Armstrong Jones, Australia and Director of Equities from 1996 to 1998 in Norwich Investment Management, Australia. And in 1999 - 2000 he had been the Regional Director of Prudential Portfolio Managers, Singapore. He then became the Chief Investment Officer of ABN AMRO Asset Management, Australia from 2000 - 2006 and then took over his position as Head of Global Equity in ABN AMRO Asset Management, United Kingdom during 2006 - 2008. From 2008 until present he remains as the Chief Investment Officer of European Equities in Fortis Investments, United Kingdom.
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)1.69%
Bid price169.1
Offer price177.9
Mid price-
CurrencyGBX
Price updated08/12/2016
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)1.69%
Bid price-
Offer price-
Mid price189.1
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDSP4
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.