Fact sheet: OMW European Index

Fund information
Fund name
OMW European Index Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • Skandia Lifesince 16/04/1989
Underlying fund
BlackRock CntnentalEurEqTk
Fund objective
The OMW European Index Fund aims to track the FTSE World-Europe (ex UK) Index (a general market index for European equities) over rolling 36 month periods through investments in a well diversified portfolio of European equities. OMW has appointed a specialist manager to manage the fund, and continuously monitors this appointment. Investment is through a range of directly invested portfolios and leading collective investment schemes. The performance of the fund will be determined by movements in both asset prices and currency exchange rates.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.6%
1 Year rank in sector
190/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£5m (£6m 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
698.3
Offer price
735
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

  • France21.1%
    Germany20.5%
    Switzerland19.6%
    Spain7.1%
    Netherlands7%
  • Financials21.7%
    Consumer Goods19.8%
    Industrials15.2%
    Health Care12.7%
    Basic Materials8.4%
  • French Equities21.1%
    German Equities20.5%
    Swiss Equities19.6%
    Spanish Equities7.1%
    Dutch Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-1.3%8%11.6%17.8%59.8%
Sector-1.3%-0.3%8.1%11.2%24.4%74.2%
Rank within sector224 / 369226 / 369185 / 368190 / 359306 / 340276 / 312
Quartile3rd3rd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund8.8%4.3%0.2%23.1%19.5%
Sector9.6%9.4%-0.2%25.6%19.2%
Rank within sector214 / 359316 / 353151 / 341237 / 329153 / 311
Quartile3rd4th2nd3rd2nd
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.
-2.28
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.
1.1
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.
0.09
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%.
12.64
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.
3.09
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.
-0.56
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.
0.95
Price movement
52 week high753.6
52 week low564.5
Current bid price698.3
Current offer price735
Current mid price-
Region
1France21.05%
2Germany20.48%
3Switzerland19.62%
4Spain7.11%
5Netherlands6.98%
6Sweden6.22%
7Italy4.56%
8Denmark3.79%
9Belgium2.98%
Industry sector
1Financials21.7%
2Consumer Goods19.77%
3Industrials15.22%
4Health Care12.68%
5Basic Materials8.35%
6Consumer Services5.6%
7Oil & Gas4.43%
8Technology4.4%
9Telecommunications3.98%
Asset type
1French Equities21.05%
2German Equities20.48%
3Swiss Equities19.62%
4Spanish Equities7.11%
5Dutch Equities6.98%
6Swedish Equities6.22%
7Italian Equities4.56%
8Danish Equities3.79%
9Belgian Equities2.98%
Individual holdings
1NESTLE SA4.18%
2NOVARTIS AG3.15%
3ROCHE HLDG AG3.02%
4TOTAL SA1.95%
5ANHEUSER-BUSCH INBEV SA/NV1.71%
6SANOFI1.63%
7SIEMENS AG1.62%
8BAYER AG1.54%
9BASF SE1.53%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW European Index Fund aims to track the FTSE World-Europe (ex UK) Index (a general market index for European equities) over rolling 36 month periods through investments in a well diversified portfolio of European equities. OMW has appointed a specialist manager to manage the fund, and continuously monitors this appointment. Investment is through a range of directly invested portfolios and leading collective investment schemes. The performance of the fund will be determined by movements in both asset prices and currency exchange rates.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Skandia Life16/04/1989Skandia offers a range of flexible savings, investment, pension and protection products, born from a tradition of excellence first established by Skandia Insurance Company Limited in Europe nearly 150 years ago.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW European Index Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.17%
Bid price698.3
Offer price735
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeUU41
OMW European Index SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price914.1
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX14
Data provided by

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