To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here

Login

Login

Register

It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
 
 
 
Poll

Do you think UK interest rates will rise before the general election?

Yes
No

Vote

 
You are here: Factsheet

Contact details

ManagerGroupLogo
PO Box 17036, 69 Morrison Street, Edinburgh, EH3 8YF
0131 655 6000 (Main Number)

Fund managers

* Quantitative Investment Group01-Feb-2013 to Present
 
view    
Enhanced Equity Team»01-Mar-2011 to 31-Jan-2013
Joy Yang»01-Mar-2010 to 28-Feb-2011
David Lee»01-Feb-2010 to 01-Mar-2010
Enhanced Equity Team»19-Jan-2009 to 01-Feb-2010


Investment objectives

The fund aims to achieve long-term capital growth by investing in European companies excluding the UK.

Key Information

Fund vs sector

  1y 3y
Position 25 / 100 47 / 93
Quartile 1 2

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 3 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 11.41 15.26
Alpha 2.84 -0.94
Beta 1.05 1.07
Sharpe 0.34 0.76
Info Ratio 1.30 -0.02
R2 0.96 0.98
Quartiles:   1  2  3  4   help with ratios
vs. Europe Excluding UK»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC -3.6+31.9+20.1+25.8+8.8-10.6+1.9
  EUROPE EXCLUDING UK   -5.6+34.2+25.3+28.0+11.0-9.6+3.4
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCOT WID HIFML EUROPEAN 1 ACC 88.92 (p) 17-Oct-2014 n/a 1.06% E3W7 B3BLRH8

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£459.9m / $740.2m (30-Sep-14)
Savings plan Fund has Savings Plan Minimum: £ 10.0 Monthly Launch24-Nov-2008
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 5,000
Minimum additional£ 500
Initial charge4.00%
Annual management charge1.00%
Note to chargesn/a
Trustee / DepositaryThe Royal Bank of Scotland Plc
RegistrarHBOS Investment Fund Managers limited
Multi-Managern/a
Indexn/a
Dividend policyApr 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
Europe Ex UK Equity Mixed Europe Excluding UK
Largest holdings, 30-Jun-2014
Holding (%) Rank Fund factsheet Equity factsheet
NESTLE SA CHF0.10 (REGD) 3.90 1 - -
ROCHE HLDG AG GENUSSCHEINE NPV (NES) 3.81 2 - -
NOVARTIS AG CHF0.50(REGD) 3.72 3 - -
EURO STOXX 50 Sep14 FUT (19/09/14) ETD 3.20 4 - -
TOTAL EUR2.5 3.09 5 - *
SWIP GLF ADVISORY 1.3BP INC GBP 2.92 6 - -
BASF SE COM STK NPV EUR 2.30 7 - *
BAYER AG NPV 2.00 8 - -
BANCO SANTANDER SA EUR0.50(REGD) 1.94 9 - -
DAIMLER AG ORD NPV(REGD) 1.45 10 - -
Total28.33 
Regional weightings, 30-Jun-2014
Region(%)Rank 
Europe ex UK96.621 96.62% Europe ex UK
UK3.382 3.38% UK
Total100.00 
Sector weightings, 30-Jun-2014
Sector(%)Rank 
Financials19.561 19.56% Financials
Consumer Goods16.342 16.34% Consumer Goods
Industrials13.073 13.07% Industrials
Health Care10.944 10.94% Health Care
Europe ex UK Equities8.235 8.23% Europe ex UK Equities
Basic Materials8.036 8.03% Basic Materials
Oil & Gas6.977 6.97% Oil & Gas
Telecommunications5.328 5.32% Telecommunications
Consumer Services4.889 4.88% Consumer Services
Technology3.4710 3.47% Technology
Utilities3.2111 3.21% Utilities
Money Market-0.0212 -0.02% Money Market
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
Sign up for email alerts
Stay upto date on the latest fund research from FE
 
subscribe Readers of this page also looked at:
Readers of this Factsheet have not looked at any others
 
 
 
Add your comment
 
Reload Change mode
 
Enter the words above:
Send comment
 
Be the first to comment on this Factsheet.

Investment options

pdf View & print PDF Factsheet
mail Email factsheet to a friend

Downloads

Latest Fundswire  

Asset allocation

Europe ex UK Equity, 96.46%
96.4600% ofEurope ex UK Equity
Money Market, 3.54%
3.5400% ofMoney Market

FE Adviser Fund Index

Sector analysis

Charting

FE Trustnet portfolio

register   login
Register      Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio