Fact sheet: OMW Prof Fidelity Euro Pn

Fund information
Fund name
OMW Prof Fidelity Euro Pn
Fund manager company
Old Mutual Wealth Professional
Fund type
Pension Fund
Fund managers
  • Samuel Morsesince 01/12/2009
Underlying fund
Fidelity European
Fund objective
The OMW Professional Fidelity European Fund invests solely in the Fidelity European Fund, a sub fund of Fidelity Investment Funds, a UK authorised Open-Ended Investment Company, managed by FIL Investment Services (UK) Limited. The aim of the underlying fund is to achieve long term capital growth from a portfolio primarily made up of 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 adjustments and the OMW Investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
21.8%
1 Year rank in sector
241/360
Sector
PN Europe Excluding UK
Yield
-
Fund size
£8m (£8m 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.
104
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn50.4%
Scot Eq Neptune Eur Opps Pn50.4%
SIP Neptune Eurpn Opps Pn50.1%
L&G Neptune European Opps Pn49.5%
RLP EurSpl(NeptuneEurpOpp)Pn49.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France28.8%
    Switzerland17.4%
    Germany13.5%
    UK6.5%
    Spain6%
  • Financials18.3%
    Health Care15.8%
    Industrials14.2%
    Consumer Staples13%
    Consumer Discretionary10.9%
  • French Equities28.8%
    Swiss Equities17.4%
    German Equities13.5%
    UK Equities6.5%
    Spanish Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%7%3.6%21.8%28.9%67.8%
Sector0.2%8.3%6.5%24.2%26.3%71.6%
Rank within sector181 / 372298 / 371289 / 369241 / 36091 / 342188 / 315
Quartile2nd4th4th3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.3%15.9%6.2%3.9%17.5%
Sector1.5%15.8%9.4%-0.2%25.6%
Rank within sector205 / 371202 / 360244 / 35428 / 342310 / 330
Quartile3rd3rd3rd1st4th
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.
0.03
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.
1.02
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.
0.52
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%.
12.08
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.
3.19
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.
0.05
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 high1455.9
52 week low1151.8
Current bid price-
Current offer price-
Current mid price1422.4
Region
1France28.84%
2Switzerland17.43%
3Germany13.54%
4UK6.54%
5Spain6.05%
6Others5.72%
7Belgium5.66%
8Finland4.64%
9Denmark4.37%
Industry sector
1Financials18.3%
2Health Care15.77%
3Industrials14.17%
4Consumer Staples13.01%
5Consumer Discretionary10.88%
6Information Technology7.68%
7Energy6.74%
8Materials5.2%
9Utilities3.49%
Asset type
1French Equities28.84%
2Swiss Equities17.43%
3German Equities13.54%
4UK Equities6.54%
5Spanish Equities6.05%
6International Equities5.72%
7Belgian Equities5.66%
8Finnish Equities4.64%
9Danish Equities4.37%
Individual holdings
1NESTLE SA6.52%
2ROCHE HLDG AG4.93%
3TOTAL SA3.92%
4SANOFI3.77%
5NOVO NORDISK A/S3.12%
6SAP SE3.07%
7L`OREAL3.06%
8SAMPO2.84%
9ROYAL DUTCH SHELL2.82%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wealth Professional
Fund type
Pension Fund
Fund objective
The OMW Professional Fidelity European Fund invests solely in the Fidelity European Fund, a sub fund of Fidelity Investment Funds, a UK authorised Open-Ended Investment Company, managed by FIL Investment Services (UK) Limited. The aim of the underlying fund is to achieve long term capital growth from a portfolio primarily made up of 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 adjustments 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 Prof Fidelity Euro 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 price-
Offer price-
Mid price1422.4
CurrencyGBX
Price updated24/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeFI69
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.