Fact sheet: OMW Fidelity European Opps

Fund information
Fund name
OMW Fidelity European Opportunities Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Alberto Chiandettisince 30/09/2014
Underlying fund
Fidelity European Opps
Fund objective
The OMW Fidelity European Opportunities fund invests solely in the Fidelity European Opportunities fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services.The underlying fund seeks to achieve long term capital growth from a portfolio primarily made up of the shares of continental European companies.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
24.8%
1 Year rank in sector
293/360
Sector
PN Europe Excluding UK
Yield
-
Fund size
£4m (£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.
111
Bid price
1046.3
Offer price
1101.3
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn60.7%
Scot Eq Neptune Eur Opps Pn60.5%
SIP Neptune Eurpn Opps Pn59.9%
RLP EurSpl(NeptuneEurpOpp)Pn59.4%
L&G Neptune European Opps Pn59.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany21.2%
    France20.8%
    Switzerland14.1%
    UK12.4%
    Spain8.9%
  • Health Care19.6%
    Financials18.7%
    Industrials17.4%
    Consumer Goods16.9%
    Consumer Services10.8%
  • German Equities21.2%
    French Equities20.8%
    Swiss Equities14.1%
    UK Equities12.4%
    Spanish Equities8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.7%3.3%1.8%24.8%27%61.5%
Sector-1.3%7.8%5.3%29.2%28.7%77.7%
Rank within sector360 / 371364 / 371302 / 369293 / 360198 / 342287 / 315
Quartile4th4th4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.7%14.3%13%-2.9%19.1%
Sector2.2%15.8%9.4%-0.2%25.6%
Rank within sector356 / 371238 / 36065 / 354295 / 342298 / 330
Quartile4th3rd1st4th4th
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.
-1.72
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.
1.13
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%.
13.39
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.
3.79
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.
-0.18
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.
0.93
Price movement
52 week high1080.9
52 week low836.2
Current bid price1046.3
Current offer price1101.3
Current mid price-
Region
1Germany21.18%
2France20.77%
3Switzerland14.13%
4UK12.39%
5Spain8.88%
6Netherlands8.61%
7Norway4.47%
8Italy3.89%
9Money Market2.6%
Industry sector
1Health Care19.64%
2Financials18.69%
3Industrials17.36%
4Consumer Goods16.94%
5Consumer Services10.82%
6Technology6.97%
7Oil & Gas4.68%
8Money Market2.6%
9Utilities2.3%
Asset type
1German Equities21.18%
2French Equities20.77%
3Swiss Equities14.13%
4UK Equities12.39%
5Spanish Equities8.88%
6Dutch Equities8.61%
7Norwegian Equities4.47%
8Italian Equities3.89%
9Money Market2.6%
Individual holdings
1NESTLE SA5.07%
2FRESENIUS MEDICAL CARE AG & CO.KGAA4.78%
3ROYAL DUTCH SHELL4.68%
4SAP SE4.46%
5KONINKLIJKE PHILIPS NV4.09%
6ROCHE HLDG AG3.97%
7PUBLICIS GROUPE SA3.81%
8BANK OF IRELAND(GOVERNOR & CO OF)3.7%
9PERNOD-RICARD3.41%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Fidelity European Opportunities fund invests solely in the Fidelity European Opportunities fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services.The underlying fund seeks to achieve long term capital growth from a portfolio primarily made up of the shares of continental European companies.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 adjustment and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alberto Chiandetti30/09/2014Alberto Chiandetti, the portfolio manager, has over 14 years investment research experience. He joined Fidelity in July 2006 as an equity analyst, working from the Milan office and focusing on small and mid cap Italian stocks. He was promoted to portfolio manager in 2008. Prior to joining Fidelity, he spent 8 years working as an equity analyst with Euromobiliare SIM (currently Equita SIM), Italy, where he covered the Italian media, building materials and transport sectors. Alberto has a BSc from the Università Commerciale “L.Bocconi”, Milan and is also a CFA Charterholder. Alberto Chiandetti was awarded the Silver Rating Analyst Award by Morningstar for the FF Italy Fund in 2012.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity European Opportunities Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.37%
Bid price1046.3
Offer price1101.3
Mid price-
CurrencyGBX
Price updated16/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS395
OMW Fidelity European Opportunities SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price1366
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX20
Data provided by

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