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 01/10/2014
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
22%
1 Year rank in sector
304/365
Sector
PN Europe Excluding UK
Yield
-
Fund size
£4m (£4m 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.
110
Bid price
1107.6
Offer price
1165.8
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

  • France22.2%
    Germany19.9%
    Switzerland12.2%
    UK10.5%
    Spain9.4%
  • Health Care21.8%
    Industrials17.9%
    Financials17.8%
    Consumer Goods13.3%
    Technology7.1%
  • French Equities22.2%
    German Equities19.9%
    Swiss Equities12.2%
    UK Equities10.5%
    Spanish Equities9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%5%6.3%22%31%75.5%
Sector2.2%6.3%8.6%25.6%33.7%92.1%
Rank within sector176 / 371291 / 370331 / 369304 / 365232 / 343275 / 317
Quartile2nd4th4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund6.6%14.3%13%-2.9%19.1%
Sector8%15.8%9.4%-0.2%25.6%
Rank within sector284 / 369236 / 35865 / 352294 / 340297 / 329
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.
-1.37
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.
0.41
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%.
13.32
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.
3.69
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.
-0.09
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 high1106.4
52 week low859.6
Current bid price1107.6
Current offer price1165.8
Current mid price-
Region
1France22.2%
2Germany19.9%
3Switzerland12.2%
4UK10.5%
5Spain9.4%
6Netherlands9.3%
7Italy5%
8Norway4.2%
9Money Market4.1%
Industry sector
1Health Care21.8%
2Industrials17.9%
3Financials17.8%
4Consumer Goods13.3%
5Technology7.1%
6Consumer Services6.3%
7Oil & Gas4.4%
8Money Market4.1%
9Basic Materials3.9%
Asset type
1French Equities22.2%
2German Equities19.9%
3Swiss Equities12.2%
4UK Equities10.5%
5Spanish Equities9.4%
6Dutch Equities9.3%
7Italian Equities5%
8Norwegian Equities4.2%
9Money Market4.1%
Individual holdings
1NESTLE SA5.23%
2SAP SE4.55%
3ROYAL DUTCH SHELL4.36%
4ROCHE HLDG AG4.32%
5FRESENIUS MEDICAL CARE AG & CO.KGAA4.06%
6GRIFOLS SA3.94%
7BANK OF IRELAND(GOVERNOR & CO OF)3.69%
8PERNOD-RICARD3.55%
9ENGIE SA3.43%
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 Chiandetti01/10/2014Alberto 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 price1107.6
Offer price1165.8
Mid price-
CurrencyGBX
Price updated27/04/2017
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 price1448.2
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX20
Data provided by

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