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
29.5%
1 Year rank in sector
70/360
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.
113
Bid price
769.4
Offer price
809.8
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn56.2%
L&G Neptune European Opps Pn54.9%
OMW Neptune European Opps54.5%
Zurich Nept EuroOppsPn50.2%
RLP EurSpl(NeptuneEurpOpp)Pn49.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France20.9%
    Germany20.8%
    Switzerland19.7%
    Spain6.9%
    Netherlands6.8%
  • Financials22.6%
    Consumer Goods19.2%
    Industrials15%
    Health Care13.1%
    Basic Materials8.6%
  • French Equities20.9%
    German Equities20.8%
    Swiss Equities19.7%
    Spanish Equities6.9%
    Dutch Equities6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%9%8.4%29.5%25.8%64%
Sector0.6%8.4%7.4%25.5%28.2%74.4%
Rank within sector137 / 371126 / 371104 / 36970 / 360205 / 342238 / 315
Quartile2nd2nd2nd1st3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.7%16.8%4.3%0.2%23.1%
Sector2.3%15.8%9.4%-0.2%25.6%
Rank within sector103 / 371171 / 360317 / 354151 / 342238 / 330
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.
-2.18
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.
1.12
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.
0.37
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%.
13.09
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.
3.17
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.
-0.39
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 high779.3
52 week low594.3
Current bid price769.4
Current offer price809.8
Current mid price-
Region
1France20.93%
2Germany20.79%
3Switzerland19.73%
4Spain6.85%
5Netherlands6.84%
6Sweden6.57%
7Italy4.7%
8Denmark3.73%
9Belgium2.71%
Industry sector
1Financials22.62%
2Consumer Goods19.24%
3Industrials14.95%
4Health Care13.1%
5Basic Materials8.6%
6Consumer Services5.25%
7Oil & Gas4.52%
8Technology4.46%
9Telecommunications3.87%
Asset type
1French Equities20.93%
2German Equities20.79%
3Swiss Equities19.73%
4Spanish Equities6.85%
5Dutch Equities6.84%
6Swedish Equities6.57%
7Italian Equities4.7%
8Danish Equities3.73%
9Belgian Equities2.71%
Individual holdings
1NESTLE SA3.97%
2NOVARTIS AG3.05%
3ROCHE HLDG AG2.91%
4TOTAL SA1.92%
5SIEMENS AG1.69%
6BAYER AG1.61%
7SANOFI1.59%
8BASF SE1.57%
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 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)0.16%
Bid price769.4
Offer price809.8
Mid price-
CurrencyGBX
Price updated22/02/2017
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 price1008.7
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX14
Data provided by

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