Fact sheet: OMW EdenTree Amity Eurpn

Fund information
Fund name
OMW EdenTree Amity European Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • David Osfieldsince 31/08/2016
  • Chris Hiornssince 30/03/2007
Underlying fund
EdenTree Amity European
Fund objective
The OMW EdenTree Amity European Fund invests solely in the EdenTree Amity European Fund, a sub-fund of the EdenTree Investment Funds, a UK authorised Open Ended Investment Company managed by EdenTree Investment Management Limited. The aim of the underlying fund is to achieve long term capital growth and a reasonable level of income primarily through a diversified portfolio of European companies. The underlying fund seeks to invest in a portfolio of companies which make a positive contribution to society and the environment through sustainable and socially responsible practices. 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 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 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 does not invest in some companies and sectors of the market for ethical reasons. This screening could result in the fund performing less well than the markets in which it invests. 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
  • FTSE World Europe EX UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
13.1%
1 Year rank in sector
104/359
Sector
PN Europe Excluding 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.
103
Bid price
217.1
Offer price
228.5
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn25.5%
Scot Eq Neptune Eur Opps Pn25.4%
Guardian Choices European Pn24.9%
RLP EurSpl(NeptuneEurpOpp)Pn24.3%
OMW Old Mut Euro (ex UK) Sm Cos23.4%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France32.5%
    Germany31.7%
    Netherlands12.2%
    Italy5.7%
    Switzerland5.4%
  • Industrials24.9%
    Financials19%
    Health Care11.9%
    Consumer Services9.9%
    Consumer Goods7.8%
  • International Equities98.8%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-0.3%7.1%13.1%18%63.5%
Sector-1.3%-0.3%8.1%11.2%24.4%74.2%
Rank within sector184 / 369152 / 369237 / 368104 / 359298 / 340249 / 312
Quartile2nd2nd3rd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund10.4%6.7%-3.2%30.5%14.7%
Sector9.6%9.4%-0.2%25.6%19.2%
Rank within sector177 / 359232 / 353301 / 34157 / 329285 / 311
Quartile2nd3rd4th1st4th
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.
-1.79
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.
1.04
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%.
12.25
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
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.
-0.41
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.
0.89
Price movement
52 week high230.8
52 week low173.9
Current bid price217.1
Current offer price228.5
Current mid price-
Region
1France32.47%
2Germany31.71%
3Netherlands12.21%
4Italy5.66%
5Switzerland5.44%
6Spain3.86%
7Others3.31%
8Ireland2.66%
9Norway1.43%
Industry sector
1Industrials24.93%
2Financials18.99%
3Health Care11.93%
4Consumer Services9.95%
5Consumer Goods7.82%
6Telecommunications7.56%
7Basic Materials6.82%
8Others5.45%
9Utilities5.32%
Asset type
1International Equities98.75%
2Money Market1.25%
Individual holdings
1MICHELIN(CIE GLE DES ETABL.)3.19%
2MERCK KGAA2.84%
3SMURFIT KAPPA GROUP PLC2.66%
4SANOFI2.52%
5NOVARTIS AG2.3%
6BAYER AG2.29%
7WOLTERS-KLUWER NV2.23%
8ELMOS SEMICONDUCTOR AG2.18%
9ORANGE SA2.18%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW EdenTree Amity European Fund invests solely in the EdenTree Amity European Fund, a sub-fund of the EdenTree Investment Funds, a UK authorised Open Ended Investment Company managed by EdenTree Investment Management Limited. The aim of the underlying fund is to achieve long term capital growth and a reasonable level of income primarily through a diversified portfolio of European companies. The underlying fund seeks to invest in a portfolio of companies which make a positive contribution to society and the environment through sustainable and socially responsible practices. 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 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 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 does not invest in some companies and sectors of the market for ethical reasons. This screening could result in the fund performing less well than the markets in which it invests. 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
  • FTSE World Europe EX UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
David Osfield31/08/2016David joined EdenTree in July 2016 as joint Fund Manager on the Amity International Fund after beginning his career at Alliance Trust in 2002. During his time there David largely focused on Asian equities, although has also covered pan-European and Global equities. David has a 1st class BA (Hons) in Business Finance from Durham University and is a CFA Charterholder.
Chris Hiorns30/03/2007Chris graduated in 1995, with an MSc in Economics from University College London. He joined EdenTree in 1996 as a Research Assistant and took over the management of the Amity European Fund in 2007. He is also co-manager of the Amity Sterling Bond Fund Chris has been a CFA Charterholder since 2004.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW EdenTree Amity European Pn
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price217.1
Offer price228.5
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDIV2
OMW EdenTree Amity European SP
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price242.9
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDIV3
Data provided by

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