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Contact details

Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2ES
44 (0) 131 228 5959 (Fax Number)
44 (0) 131 229 5252 (Main Number)

Fund managers

* Ross Watson01-Jan-2012 to Present
* David Forsyth»01-Jan-2014 to Present
Palaniappan Chidambaram»10-May-2010 to 31-Dec-2011
Dr Eric Woehrling»10-May-2010 to 30-Sep-2011
Stewart Higgins»08-Oct-2008 to 09-May-2010
Dino Fuschillo»15-Jun-2002 to 07-Oct-2008
Stewart Higgins»06-May-1985 to 10-Nov-2002

Investment objectives

The fund’s objective is to provide an income in excess of the benchmark as well as the potential for capital appreciation.

Key Information

Fund vs sector

  1y 3y
Position 91 / 102 69 / 94
Quartile 4 3

Fund ratings

FE Crown Rating: 3 FE Crown Rating


  1y 3y
Volatility 10.97 11.95
Alpha -2.95 0.22
Beta 1.07 0.96
Sharpe 0.00 1.00
Info Ratio -1.08 -0.13
R2 0.95 0.96
Quartiles:   1  2  3  4   help with ratios
vs. IMA Europe Excluding UK»
performance chart
ACC -1.8+48.6+33.8+23.6+22.5-17.8+9.6
  IMA EUROPE EXCLUDING UK   +1.4+53.0+39.6+22.4+23.3-16.8+9.6
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf MARTIN CURRIE EUROPEAN EQUITY INCOME B INC INC 325.80 (p) 19-Dec-2014 3.38 1.19% 0XVS B6XBRK0
pdf MARTIN CURRIE EUROPEAN EQUITY INCOME B ACC ACC 360.10 (p) 19-Dec-2014 3.35 1.19% ML95 3156029
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf MARTIN CURRIE EUROPEAN EQUITY INCOME A INC INC 297.40 (p) 19-Dec-2014 3.40 1.92% 0XVR B7F3J72
pdf MARTIN CURRIE EUROPEAN EQUITY INCOME A ACC ACC 329.10 (p) 19-Dec-2014 3.37 1.93% SY05 3156018

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£24.0m / $37.5m (30-Nov-14)
Savings plan Fund has Savings Plan Minimum: £ 100.0 Monthly Launch06-May-1985
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 1,000
Minimum additional£ 100
Initial charge5.00%
Annual management charge1.50%
Note to chargesInitial Charges: ;
Trustee / DepositaryState Street Trustees Limited
RegistrarInternational Financial Data Services Limited
Dividend policyMar 01, Jun 01, Sep 01, Dec 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
Europe Ex UK Equity Mixed IMA Europe Excluding UK
Largest holdings, 30-Nov-2014
Holding (%) Rank Prev Fund factsheet Equity factsheet
ROCHE HLDG AG 6.92 1 (1) - -
NESTLE SA 5.19 2 (2) - -
TOTAL SA 4.50 3 (3) - -
ALLIANZ SE 3.74 4 (4) - -
DAIMLER AG 3.45 5 (6) - -
UNILEVER NV 3.30 8 (10) - -
SANOFI 3.28 9 (8) - -
SAFRAN S.A. 2.96 10 (9) - -
Regional weightings, 30-Nov-2014
France25.361(1) 25.36% France
Germany21.132(2) 21.13% Germany
Switzerland16.303(3) 16.30% Switzerland
Italy7.784(4) 7.78% Italy
Sweden6.055(5) 6.05% Sweden
UK4.696(6) 4.69% UK
Norway3.647(7) 3.64% Norway
Belgium3.378(8) 3.37% Belgium
Finland3.379(10) 3.37% Finland
Netherlands3.3010(9) 3.30% Netherlands
Cash & Cash Equivalents2.4311(11) 2.43% Cash & Cash Equivalents
Spain1.8112(12) 1.81% Spain
Austria0.7713(13) 0.77% Austria
Sector weightings, 30-Nov-2014
Financials22.711(1) 22.71% Financials
Consumer Discretionary13.922(2) 13.92% Consumer Discretionary
Consumer Staples11.853(4) 11.85% Consumer Staples
Health Care11.774(3) 11.77% Health Care
Industrials11.195(5) 11.19% Industrials
Materials8.666(6) 8.66% Materials
Energy8.017(7) 8.01% Energy
Telecommunications Utilities6.648(8) 6.64% Telecommunications Utilities
Money Market2.439(9) 2.43% Money Market
Information Technology1.7010(11) 1.70% Information Technology
Utilities1.0611(10) 1.06% Utilities

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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Investment options

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life See Martin Currie European Equity Income fund as a life fund
pension See Martin Currie European Equity Income fund as a pension fund


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Asset allocation

French Equities, 25.36%
25.3600% ofFrench Equities
German Equities, 21.13%
21.1300% ofGerman Equities
Swiss Equities, 16.30%
16.3000% ofSwiss Equities
Italian Equities, 7.78%
7.7800% ofItalian Equities
Swedish Equities, 6.05%
6.0500% ofSwedish Equities
UK Equities, 4.69%
4.6900% ofUK Equities
Norwegian Equities, 3.64%
3.6400% ofNorwegian Equities
Belgian Equities, 3.37%
3.3700% ofBelgian Equities
Finnish Equities, 3.37%
3.3700% ofFinnish Equities
Dutch Equities, 3.30%
3.3000% ofDutch Equities
Cash & Cash Equivalents, 2.43%
2.4300% ofCash & Cash Equivalents
Spanish Equities, 1.81%
1.8100% ofSpanish Equities
Austrian Equities, 0.77%
0.7700% ofAustrian Equities

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Sector analysis


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