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Contact details

ManagerGroupLogo
Cedar House, 3 Cedar Park, Cobham Road, Wimborne, Dorset, BH21 7SB
0844 620 0290 (Main Number)

Fund managers

* Barry Norris12-May-2005 to Present
    view
Greg Bennett» 01-Jan-2013 to Present


Investment objectives

To achieve above average returns and attempt to perform a top quartile profile when measured against competing funds in the same sector.

Key Information

Fund vs sector

  1y 3y
Position 24 / 100 62 / 94
Quartile 1 3

Fund ratings

BronzeMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 4 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 16.39 15.24
Alpha 3.58 -1.11
Beta 1.44 1.00
Sharpe 0.36 0.67
Info Ratio 0.67 -0.23
R2 0.87 0.86
Quartiles:   1  2  3  4   help with ratios
vs. Europe Excluding UK»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC -3.4+28.2+46.1+34.1-1.0-0.1+14.1
  EUROPE EXCLUDING UK   -5.0+32.5+37.6+34.6+3.6-4.6+8.9
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf FP ARGONAUT EUROPEAN ALPHA I ACC EUR ACC 138.32 (EUX) 30-Oct-2014 0.66 0.89% AAIA B6T6S06
pdf FP ARGONAUT EUROPEAN ALPHA R INC GBP INC 139.75 (p) 30-Oct-2014 0.76 0.89% G0SM B7JXMD5
pdf FP ARGONAUT EUROPEAN ALPHA R ACC GBP ACC 141.57 (p) 30-Oct-2014 0.75 0.89% G0SN B7MW8T7
pdf FP ARGONAUT EUROPEAN ALPHA I ACC GBP ACC 217.97 (p) 30-Oct-2014 0.88 0.89% LS55 B76L737
pdf FP ARGONAUT EUROPEAN ALPHA I INC GBP INC 124.12 (p) 30-Oct-2014 0.89 0.89% LWG9 B6VYPP2
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf FP ARGONAUT EUROPEAN ALPHA A ACC EUR ACC 133.61 (EUX) 30-Oct-2014 0.00 1.89% AAHZ B6TQCC6
pdf FP ARGONAUT EUROPEAN ALPHA A ACC GBP ACC 256.07 (p) 30-Oct-2014 0.00 1.89% LS08 B4ZRCD0
pdf FP ARGONAUT EUROPEAN ALPHA A INC GBP INC 122.87 (p) 30-Oct-2014 0.00 1.89% LWG8 B5LJR43

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£279.0m / $446.8m (30-Sep-14)
Savings plan Fund has Savings Plan Minimum: £ 100.0 Monthly Launch12-May-2005
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 500
Minimum additional£ 250
Initial charge5.25%
Annual management charge1.75%
Note to chargesn/a
Trustee / DepositaryState Street Trustees Limited
RegistrarInternational Financial Data Services Limited
Multi-Managern/a
Indexn/a
Dividend policyMar 01 (Final), Sep 01
Peer groups
Region Asset Class Investment Focus Sector
Europe Ex UK Equity Mixed Europe Excluding UK
Largest holdings, 30-Sep-2014
Holding (%) Rank Fund factsheet Equity factsheet
INTESTA SANPAOLO 6.80 1 - -
ACTAVIS 5.90 2 - -
RYANAIR HOLDINGS 5.50 3 - *
VESTAS WIND SYSTEMS 5.30 4 - -
AIRBUS GROUP 5.20 5 - -
Total28.70 
Regional weightings, 30-Sep-2014
Region(%)Rank 
Italy16.181 16.18% Italy
Denmark13.972 13.97% Denmark
Norway10.883 10.88% Norway
Ireland10.184 10.18% Ireland
France9.885 9.88% France
Spain9.086 9.08% Spain
United States5.897 5.89% United States
Finland5.098 5.09% Finland
United Kingdom4.999 4.99% United Kingdom
Germany2.7910 2.79% Germany
Greece2.7911 2.79% Greece
Switzerland2.6912 2.69% Switzerland
Luxembourg2.5913 2.59% Luxembourg
Belgium2.0014 2.00% Belgium
Sweden0.9015 0.90% Sweden
Cash0.1016 0.10% Cash
Total100.00 
Sector weightings, 30-Sep-2014
Sector(%)Rank 
Industrials25.901 25.90% Industrials
Financials25.102 25.10% Financials
Consumer Discretionary16.303 16.30% Consumer Discretionary
Materials12.904 12.90% Materials
Consumer Staples6.005 6.00% Consumer Staples
Health Care5.906 5.90% Health Care
Information Technology5.707 5.70% Information Technology
Telecommunication Services2.108 2.10% Telecommunication Services
Cash0.109 0.10% Cash
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.

 
 
 
 
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Asset allocation

Italian Equities, 16.18%
16.1800% ofItalian Equities
Danish Equities, 13.97%
13.9700% ofDanish Equities
Norwegian Equities, 10.88%
10.8800% ofNorwegian Equities
Irish Equities, 10.18%
10.1800% ofIrish Equities
French Equities, 9.88%
9.8800% ofFrench Equities
Spanish Equities, 9.08%
9.0800% ofSpanish Equities
US Equities, 5.89%
5.8900% ofUS Equities
Finnish Equities, 5.09%
5.0900% ofFinnish Equities
UK Equities, 4.99%
4.9900% ofUK Equities
German Equities, 2.79%
2.7900% ofGerman Equities
Greek Equities, 2.79%
2.7900% ofGreek Equities
Swiss Equities, 2.69%
2.6900% ofSwiss Equities
Luxembourg Equities, 2.59%
2.5900% ofLuxembourg Equities
Belgian Equities, 2.00%
2.0000% ofBelgian Equities
Swedish Equities, 0.90%
0.9000% ofSwedish Equities
Money Market, 0.10%
0.1000% ofMoney Market

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