Fact sheet: OMW Fidelity European

Fund information
Fund name
OMW Fidelity European Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Samuel Morsesince 01/12/2009
Underlying fund
Fidelity European
Fund objective
The OMW Fidelity European fund invests solely in the Fidelity European fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited.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 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
8.7%
1 Year rank in sector
241/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£74m (£77m 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.
105
Bid price
4260.6
Offer price
4484.8
Top in this sector
Fund name1 Year
Guardian Choices European Pn24.5%
OMW Old Mut Euro (ex UK) Sm Cos23%
Zurich Nept EuroOppsPn21.9%
Scot Eq Neptune Eur Opps Pn21.7%
RLP EurSpl(NeptuneEurpOpp)Pn20.8%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France28.1%
    Switzerland18.8%
    Germany12.8%
    Spain6.3%
    Belgium6.1%
  • Financials19.7%
    Health Care16%
    Industrials14.5%
    Consumer Staples13.3%
    Consumer Discretionary10.3%
  • French Equities28.1%
    Swiss Equities18.8%
    German Equities12.8%
    Spanish Equities6.3%
    Belgian Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.1%-4%6.3%8.7%20.9%63.4%
Sector-2.8%-1.7%7.1%9.8%22.7%71.6%
Rank within sector347 / 369312 / 369225 / 368241 / 359190 / 340219 / 312
Quartile4th4th3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.7%5.3%3.2%16.6%24.3%
Sector8%9.4%-0.2%25.6%19.2%
Rank within sector214 / 359268 / 35343 / 341321 / 32932 / 311
Quartile3rd4th1st4th1st
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.
-0.64
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.
1.04
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.
0.2
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%.
11.95
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.
3.12
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.
-0.15
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 high4669.4
52 week low3562.5
Current bid price4260.6
Current offer price4484.8
Current mid price-
Region
1France28.13%
2Switzerland18.79%
3Germany12.76%
4Spain6.33%
5Belgium6.07%
6UK5.9%
7Others5.66%
8Finland4.73%
9Denmark4.32%
Industry sector
1Financials19.67%
2Health Care16.03%
3Industrials14.5%
4Consumer Staples13.26%
5Consumer Discretionary10.26%
6Information Technology7.15%
7Energy6.14%
8Materials4.21%
9Utilities3.8%
Asset type
1French Equities28.13%
2Swiss Equities18.79%
3German Equities12.76%
4Spanish Equities6.33%
5Belgian Equities6.07%
6UK Equities5.9%
7International Equities5.66%
8Finnish Equities4.73%
9Danish Equities4.32%
Individual holdings
1NESTLE SA6.59%
2ROCHE HLDG AG5.33%
3SANOFI3.99%
4TOTAL SA3.66%
5NOVO NORDISK A/S3.01%
6L`OREAL3%
7SAMPO2.88%
8SAP SE2.85%
93I GROUP PLC ORD2.57%
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 fund invests solely in the Fidelity European fund, a sub fund of Fidelity Investment Funds, a UK authorised OEIC managed by FIL Investment Services (UK) Limited.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 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
Samuel Morse01/12/2009Sam Morse assumed responsibility for the Fidelity European Fund on 1 January 2010. Sam joined Fidelity in 1990 and spent seven years with the company as a research analyst, covering pan-European retail stocks, and then as a portfolio manager, running funds including Fidelity Income Plus Fund, Fidelity Growth and Income Fund and Fidelity MoneyBuilder Growth Fund. He then left Fidelity to be Head of UK Equities at M&G. Sam returned to Fidelity in 2004 to manage UK equities for institutional clients. He managed the Fidelity MoneyBuilder Growth Fund from December 2006 for three years. On 1st January 2010, Sam handed over his UK equity portfolios to new managers and took on responsibility of the FIF European Fund. Sam has an MBA from INSEAD and a BA from the University of North Carolina.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Fidelity European Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price4260.6
Offer price4484.8
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeUY78
OMW Fidelity European SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price5613.9
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZX19
Data provided by

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