Fact sheet: OMW Old Mutl Eurp Best Ideas

Fund information
Fund name
OMW Old Mutual European Best Ideas Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Lee Freeman - Shorsince 10/04/2008
Underlying fund
Old Mutual Eurpn BestIds
Fund objective
The OMW Old Mutual European Best Ideas fund invests solely in the Old Mutual European Best Ideas fund, a sub-fund of Old Mutual Global Investors Series Plc, an Irish authorised Investment Company with Variable Capital managed by Old Mutual Global Investors (UK) Limited. The aim of the underlying fund is to seek to achieve asset growth through investment in a well-diversified portfolio of equities or equity-related securities of European issuers or of issuers established outside Europe which have a predominant proportion of their assets and/or business operations in Europe. 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. The underlying fund invests in bonds or money market instruments (including deposits with banks or other financial institutions). The yield and/or value of the fund will fluctuate as interest rates change. There is a possibility of default, reducing capital values. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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 adjustments and the OMW investment process.
Benchmark
  • MSCI Europe
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.9%
1 Year rank in sector
15/25
Sector
PN Europe Including UK
Yield
-
Fund size
£0m (£0m 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.
96
Bid price
164.5
Offer price
173.1
Top in this sector
Fund name1 Year
ReAssure BL Eupn Eq Trk Pn32.9%
FL T. Rowe Prc Erpn SmCoEqPn32.8%
FL AB Eurpn Eqty EP31.6%
OMW M&G Euro Smaller Cos31%
SW Aberdn Eurpen sm Cos Pn29.6%
...more in PN Europe Including UK

Performance snapshot

Holdings snapshot

  • UK33.7%
    Switzerland15.2%
    France11.9%
    Spain8.6%
    Others7.3%
  • Industrials22.7%
    Financials15.1%
    Consumer Discretionary15%
    Information Technology13%
    Materials10.2%
  • UK Equities33.7%
    Swiss Equities15.2%
    French Equities11.9%
    Spanish Equities8.6%
    International Equities7.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%6.9%7.9%22.9%32%76.7%
Sector2.3%6.8%8.4%22.9%28.1%78.1%
Rank within sector5 / 2612 / 2618 / 2515 / 259 / 2012 / 17
Quartile1st2nd3rd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund9.5%8.6%10.6%0.4%21.7%
Sector7.6%12.9%7.7%-0.4%24.8%
Rank within sector7 / 2619 / 247 / 208 / 2013 / 19
Quartile2nd4th2nd2nd3rd
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.
0.83
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.
0.96
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.
0.43
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%.
11.32
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.
4.59
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.
0.83
Price movement
52 week high163.3
52 week low129.7
Current bid price164.5
Current offer price173.1
Current mid price-
Region
1UK33.69%
2Switzerland15.24%
3France11.86%
4Spain8.56%
5Others7.34%
6Money Market5.9%
7Germany4.14%
8Denmark2.54%
9Norway2.54%
Industry sector
1Industrials22.7%
2Financials15.1%
3Consumer Discretionary15%
4Information Technology13%
5Materials10.2%
6Health Care7.7%
7Consumer Staples7.4%
8Money Market4.4%
9Energy2.9%
Asset type
1UK Equities33.69%
2Swiss Equities15.24%
3French Equities11.86%
4Spanish Equities8.56%
5International Equities7.34%
6Money Market5.9%
7German Equities4.14%
8Danish Equities2.54%
9Norwegian Equities2.54%
Individual holdings
1RANDGOLD RESOURCES4.2%
2UBS GROUP AG4%
3ESSILOR INTERNATIONAL3.9%
4RPC GROUP3.1%
5DSV2.7%
6HEINEKEN NV2.6%
7ASCENTIAL PLC2.5%
8INDITEX2.5%
9SYNGENTA AG2.5%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW Old Mutual European Best Ideas fund invests solely in the Old Mutual European Best Ideas fund, a sub-fund of Old Mutual Global Investors Series Plc, an Irish authorised Investment Company with Variable Capital managed by Old Mutual Global Investors (UK) Limited. The aim of the underlying fund is to seek to achieve asset growth through investment in a well-diversified portfolio of equities or equity-related securities of European issuers or of issuers established outside Europe which have a predominant proportion of their assets and/or business operations in Europe. 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. The underlying fund invests in bonds or money market instruments (including deposits with banks or other financial institutions). The yield and/or value of the fund will fluctuate as interest rates change. There is a possibility of default, reducing capital values. The underlying fund, or some of its underlying assets, may hold derivatives, or borrow to invest ('gearing'), and the nature of these investments can lead to a higher volatility in the price of the fund. In addition, the fund may have some exposure to credit risk if a provider of derivatives fails to honour their obligation. 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 adjustments and the OMW investment process.
Benchmark
  • MSCI Europe
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Lee Freeman - Shor10/04/2008Lee joined Skandia in October 2005 and has more than 10 years' industry experience having previously worked in Private Client Investment Management as an Investment Development Manager with Winterthur Life and, more recently with Schroder Investment Management. Lee graduated from Nottingham Law School with an LLB (Hons) degree. He holds the Investment Management Certificate.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
OMW Old Mutual European Best Ideas Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.14%
Bid price164.5
Offer price173.1
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISW2
OMW Old Mutual European Best Ideas SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price182.5
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISW3
Data provided by

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