Fact sheet: OMW HSBC European Index

Fund information
Fund name
OMW HSBC European Index Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund manager
  • HSBC Global Asset Management (UK) Ltd.since 14/01/1989
Underlying fund
HSBC European Index
Fund objective
The OMW HSBC European Index Fund invests solely in the HSBC European Index Fund, a sub fund of HSBC Index Tracker Investment Funds, a UK authorised Investment Company with Variable Capital, managed by HSBC Global Asset Management (UK) Limited. The aim of the underlying fund is to provide long term capital growth by matching the return of the FTSE World Europe excluding UK Index. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. 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. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Passive/Tracking
Investment method
Indices
Quick stats
1 Year return
24.5%
1 Year rank in sector
181/365
Sector
PN Europe Excluding UK
Yield
-
Fund size
£4m (£7m 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.
114
Bid price
156.1
Offer price
164.3
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn48.8%
Scot Eq Neptune Eur Opps Pn48.7%
RLP EurSpl(NeptuneEurpOpp)Pn47.6%
SIP Neptune Eurpn Opps Pn45.8%
L&G Neptune European Opps Pn45.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Europe ex UK97.5%
    Money Market2.5%
  • Financials21%
    Consumer Goods19.2%
    Industrials14.9%
    Health Care13.4%
    Basic Materials8.3%
  • Europe ex UK Equities97.5%
    Money Market2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%6.6%8%24.5%28%89.2%
Sector2%6.2%7.4%24%33.3%92.8%
Rank within sector208 / 371179 / 370174 / 369181 / 365275 / 343189 / 317
Quartile3rd2nd2nd2nd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund8.1%16.9%4.4%-0.3%24.2%
Sector7.6%15.8%9.4%-0.2%25.6%
Rank within sector162 / 369164 / 358314 / 352177 / 340214 / 329
Quartile2nd2nd4th3rd3rd
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.
-1.68
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.
0.39
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%.
13.31
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.
3.25
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.
-0.17
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 high156.1
52 week low117.5
Current bid price156.1
Current offer price164.3
Current mid price-
Region
1Europe ex UK97.52%
2Money Market2.48%
Industry sector
1Financials20.99%
2Consumer Goods19.21%
3Industrials14.89%
4Health Care13.38%
5Basic Materials8.3%
6Consumer Services4.94%
7Technology4.56%
8Oil & Gas4.14%
9Telecommunications3.7%
Asset type
1Europe ex UK Equities97.52%
2Money Market2.48%
Individual holdings
1NESTLE SA3.93%
2NOVARTIS AG3.18%
3ROCHE HLDG AG2.95%
4TOTAL SA1.87%
5SIEMENS AG1.7%
6SANOFI1.66%
7BAYER AG1.57%
8ANHEUSER-BUSCH INBEV SA/NV1.5%
9BASF SE1.48%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW HSBC European Index Fund invests solely in the HSBC European Index Fund, a sub fund of HSBC Index Tracker Investment Funds, a UK authorised Investment Company with Variable Capital, managed by HSBC Global Asset Management (UK) Limited. The aim of the underlying fund is to provide long term capital growth by matching the return of the FTSE World Europe excluding UK Index. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. 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. 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 adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
Passive/Tracking
Investment method
Indices
Fund manager
NameSinceBiography
HSBC Global Asset Management (UK) Ltd.14/01/1989
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW HSBC 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)0.18%
Bid price156.1
Offer price164.3
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8J3
OMW HSBC 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)0.18%
Bid price-
Offer price-
Mid price176.1
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8J4
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.