Fact sheet: OMW Baring European Growth

Fund information
Fund name
OMW Baring European Growth Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • James Buckleysince 31/07/2005
Underlying fund
Baring European Growth
Fund objective
The OMW Baring European Growth Fund invests solely in the Baring European Growth Fund, a UK authorised Unit Trust managed by Baring Fund Managers Limited. The aim of the underlying fund is to achieve capital growth by investing in economic sectors in Europe through securities in any country and/or economic sectors throughout the world represented in European markets. 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
  • MSCI Europe ex UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
13.2%
1 Year rank in sector
171/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£3m (£3m 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.
112
Bid price
988
Offer price
1040
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn28.2%
Scot Eq Neptune Eur Opps Pn28.2%
RLP EurSpl(NeptuneEurpOpp)Pn27.2%
Guardian Choices European Pn26.3%
SIP Neptune Eurpn Opps Pn25.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France23.3%
    Switzerland22.9%
    Germany13.2%
    International10.5%
    Ireland9%
  • Financials21.2%
    Health Care14.1%
    Industrials14.1%
    Consumer Discretionary12%
    Materials10.7%
  • French Equities23.3%
    Swiss Equities22.9%
    German Equities13.2%
    International Equities10.5%
    Irish Equities9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%4.7%12.1%13.2%22.5%77%
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector7 / 36932 / 36964 / 368171 / 359234 / 340151 / 312
Quartile1st1st1st2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.4%8.7%-2.1%28.1%24.2%
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector214 / 359169 / 353275 / 34184 / 32935 / 311
Quartile3rd2nd4th2nd1st
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.
-1.58
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.
1.01
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.
0.1
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%.
12.17
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.
4.53
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.
-0.35
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.
0.86
Price movement
52 week high1006.1
52 week low765.7
Current bid price988
Current offer price1040
Current mid price-
Region
1France23.3%
2Switzerland22.9%
3Germany13.2%
4International10.5%
5Ireland9%
6Netherlands6.4%
7Belgium4.9%
8UK4%
9Denmark3.6%
Industry sector
1Financials21.2%
2Health Care14.1%
3Industrials14.1%
4Consumer Discretionary12%
5Materials10.7%
6Information Technology9.4%
7Consumer Staples5.2%
8Energy4.4%
9Telecommunications Utilities4%
Asset type
1French Equities23.3%
2Swiss Equities22.9%
3German Equities13.2%
4International Equities10.5%
5Irish Equities9%
6Dutch Equities6.4%
7Belgian Equities4.9%
8UK Equities4%
9Danish Equities3.6%
Individual holdings
1NESTLE SA5.2%
2ROCHE HLDG AG5.1%
3ASML HLDG4.1%
4AXA4.1%
5RYANAIR HLDGS3.8%
6CAP GEMINI3.7%
7ALLIANZ SE3.6%
8CRH PLC3.6%
9NOVO NORDISK A/S3.6%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Baring European Growth Fund invests solely in the Baring European Growth Fund, a UK authorised Unit Trust managed by Baring Fund Managers Limited. The aim of the underlying fund is to achieve capital growth by investing in economic sectors in Europe through securities in any country and/or economic sectors throughout the world represented in European markets. 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
  • MSCI Europe ex UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
James Buckley31/07/2005James was appointed Head of Pan European Large Cap Equities in 2008. He manages the Baring European Growth Fund and the Baring Pan European Europa fund. James joined Baring Asset Management in 2005 from Premier Asset Management where he was responsible for the Premier European Growth Fund. Previously he worked at Solus Investment Funds running the Solus European Growth Fund. James has also worked at HSBC Private Clients. James has a B.A. (Hons.) in English Literature from the University of Ulster (Ireland), a M.Sc in Investment Analysis from the University of Stirling (Scotland) and an MBA from Cambridge University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Baring European Growth Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.23%
Bid price988
Offer price1040
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeUU29
OMW Baring European Growth SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price1295.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZY66
Data provided by

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