Fact sheet: OMW Baring Europe Select

Fund information
Fund name
OMW Baring Europe Select Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Rosie Simmondssince 31/10/2016
  • Nicholas Williamssince 13/01/2005
  • Colin Riddlessince 31/10/2016
Underlying fund
Baring Europe Select
Fund objective
The OMW Baring Europe Select Fund invests solely in the Baring Europe Select Fund, a UK authorised Unit Trust managed by Baring Fund Managers Limited. The aim of the underlying fund is to achieve long term capital growth by investing directly (and, where appropriate, indirectly) in securities of European companies. 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 adjustments and the OMW investment process.
Benchmark
  • Euromoney Smaller European Companies (ex UK) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
25%
1 Year rank in sector
123/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£23m (£22m 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.
102
Bid price
2710.1
Offer price
2852.7
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn51.1%
Scot Eq Neptune Eur Opps Pn51%
RLP EurSpl(NeptuneEurpOpp)Pn49.7%
SIP Neptune Eurpn Opps Pn47.8%
L&G Neptune European Opps Pn47.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France18.4%
    Others14.5%
    Italy13%
    Germany11.7%
    Switzerland10.2%
  • Financials18.7%
    Business Services18.4%
    Industrials16.3%
    Consumer Goods12.6%
    Basic Materials11.3%
  • French Equities18.4%
    International Equities14.5%
    Italian Equities13%
    German Equities11.7%
    Swiss Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%9.3%6.3%25%45.7%122.4%
Sector4%6.4%8.8%23.1%31%80.1%
Rank within sector244 / 37212 / 370271 / 370123 / 35918 / 3428 / 316
Quartile3rd1st3rd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund7.8%17.9%17.8%0.8%31.3%
Sector5.5%15.8%9.4%-0.2%25.6%
Rank within sector13 / 370134 / 35923 / 353114 / 34151 / 330
Quartile1st2nd1st2nd1st
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.
4.78
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.
0.94
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.
0.79
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%.
11.68
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.
5.03
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.
0.83
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.
0.81
Price movement
52 week high2741.8
52 week low2114.7
Current bid price2710.1
Current offer price2852.7
Current mid price-
Region
1France18.4%
2Others14.5%
3Italy13%
4Germany11.7%
5Switzerland10.2%
6Netherlands9.2%
7Finland6.6%
8Sweden6%
9Denmark5.3%
Industry sector
1Financials18.7%
2Business Services18.4%
3Industrials16.3%
4Consumer Goods12.6%
5Basic Materials11.3%
6Retail8.3%
7Technology8%
8Cash & Cash Equivalents5.1%
9Others1.3%
Asset type
1French Equities18.4%
2International Equities14.5%
3Italian Equities13%
4German Equities11.7%
5Swiss Equities10.2%
6Dutch Equities9.2%
7Finnish Equities6.6%
8Swedish Equities6%
9Danish Equities5.3%
Individual holdings
1DSV1.7%
2TEMENOS GROUP AG1.7%
3ASM INTERNATIONAL NV1.6%
4IMCD NV1.6%
5PARTNERS GROUP HOLDING1.6%
6RECORDATI1.6%
7CHR HANSEN HLDGS A/S1.5%
8Elisa Oyj ORD1.5%
9GAMESA CORPORACION TECNOLOGICA SA1.5%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Baring Europe Select Fund invests solely in the Baring Europe Select Fund, a UK authorised Unit Trust managed by Baring Fund Managers Limited. The aim of the underlying fund is to achieve long term capital growth by investing directly (and, where appropriate, indirectly) in securities of European companies. 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 adjustments and the OMW investment process.
Benchmark
  • Euromoney Smaller European Companies (ex UK) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Rosie Simmonds31/10/2016
Nicholas Williams13/01/2005Nick is Head of the Small Cap Equities Team and manager of the Baring Europe Select Trust. He joined Baring Asset Management in 2004, having previously worked for eleven years at Singer & Friedlander, where he was Head of the European desk and a member of the Investment Policy Committee. During his tenure at Singer & Friedlander, Nick was responsible for running over £400million of institutional and retail European funds across the capitalisation range and had a consistent track record of out-performance. Nick has a BA (Hons) in English Language and Literature from Corpus Christi College, Oxford
Colin Riddles31/10/2016Colin holds an MBA from Edinburgh Business School and an MSc in Investment Analysis from Stirling University. He has twelve years' investment experience, the last six of them at HSBC, where he managed UK and Irish equity portfolios. At Société Générale Asset Management he is responsible for UK Small / Mid Cap equities and is lead manager of the SG UK Smaller Companies Fund.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Baring Europe Select Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price2710.1
Offer price2852.7
Mid price-
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeUU24
OMW Baring Europe Select SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price3561.1
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZY65
Data provided by

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