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 17/04/1989
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
27.3%
1 Year rank in sector
141/365
Sector
PN Europe Excluding UK
Yield
-
Fund size
£6m (£5m 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
817.4
Offer price
860.4
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn49.4%
L&G Neptune European Opps Pn48.8%
Zurich Nept EuroOppsPn48.4%
Scot Eq Neptune Eur Opps Pn48.4%
OMW Neptune European Opps47.8%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France21.1%
    Germany20.6%
    Switzerland19.3%
    Spain7.3%
    Netherlands7.1%
  • Financials22.4%
    Consumer Goods19.3%
    Industrials15.1%
    Health Care13%
    Basic Materials8.5%
  • French Equities21.1%
    German Equities20.6%
    Swiss Equities19.3%
    Spanish Equities7.3%
    Dutch Equities7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%6.7%9.9%27.3%29.2%87.1%
Sector2.2%6.3%8.6%25.6%33.7%92.1%
Rank within sector180 / 371183 / 370120 / 369141 / 365264 / 343194 / 317
Quartile2nd2nd2nd2nd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund9.1%16.8%4.3%0.2%23.1%
Sector8%15.8%9.4%-0.2%25.6%
Rank within sector96 / 369169 / 358315 / 352152 / 340237 / 329
Quartile2nd2nd4th2nd3rd
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.
-1.53
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.
1.14
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.
0.4
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%.
13.22
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.
3.19
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.
-0.14
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 high816.8
52 week low610.3
Current bid price817.4
Current offer price860.4
Current mid price-
Region
1France21.14%
2Germany20.6%
3Switzerland19.34%
4Spain7.27%
5Netherlands7.05%
6Sweden6.27%
7Italy5.13%
8Denmark3.48%
9Belgium2.69%
Industry sector
1Financials22.41%
2Consumer Goods19.33%
3Industrials15.07%
4Health Care13.04%
5Basic Materials8.45%
6Consumer Services5.07%
7Technology4.73%
8Oil & Gas4.47%
9Telecommunications3.83%
Asset type
1French Equities21.14%
2German Equities20.6%
3Swiss Equities19.34%
4Spanish Equities7.27%
5Dutch Equities7.05%
6Swedish Equities6.27%
7Italian Equities5.13%
8Danish Equities3.48%
9Belgian Equities2.69%
Individual holdings
1NESTLE SA3.91%
2ROCHE HLDG AG2.96%
3NOVARTIS AG2.9%
4TOTAL SA1.86%
5SIEMENS AG1.73%
6SANOFI1.68%
7BAYER AG1.59%
8BASF SE1.53%
9ANHEUSER-BUSCH INBEV SA/NV1.46%
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 Life17/04/1989Skandia 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)0.16%
Bid price817.4
Offer price860.4
Mid price-
CurrencyGBX
Price updated27/04/2017
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)0.16%
Bid price-
Offer price-
Mid price1073.2
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX14
Data provided by

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