Fact sheet: Alken European Opps

Fund information
Fund name
Alken European Opportunities US2
Fund manager company
Alken Asset Management
Fund type
Offshore Fund
Fund manager
  • Nicolas Walewskisince 03/01/2006
Fund objective
The objective of the fund is to achieve annualised capital appreciation in the long term through a risk adjusted outperformance against the benchmark.
Benchmark
  • STOXX Europe 600
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
17%
1 Year rank in sector
52/228
Sector
FO Equity - Europe inc UK
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.85%
Fund size
£2,336m (£3,778m 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.
120
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC46.9%
EP Pan European Opportunities34.1%
GS Eur CORE Eq Portfolio30.8%
IVI European30.7%
EDRF Eur Synrg30.5%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • France42.2%
    Germany16.1%
    UK14.5%
    Switzerland6.3%
    Ireland6%
  • Consumer Discretionary30.7%
    Industrials21.8%
    Information Technology15.3%
    Financials9.8%
    Materials9%
  • French Equities42.2%
    German Equities16.1%
    UK Equities14.5%
    Swiss Equities6.3%
    Irish Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.7%10.5%23.2%17%-4.5%55.4%
Sector3.7%6.5%12.9%12.5%22.5%63.8%
Rank within sector1 / 23512 / 2333 / 23152 / 228196 / 199131 / 175
Quartile1st1st1st1st4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund18.5%-6.6%-6.5%-3.3%39.7%
Sector8.2%-0.6%11.1%4.2%21.1%
Rank within sector1 / 233209 / 225203 / 206175 / 1954 / 181
Quartile1st4th4th4th1st
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.
-8.92
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.
-0.01
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%.
17.36
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.
12.57
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.
-0.78
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.
0.46
Price movement
52 week high110.2
52 week low75.91
Current bid price-
Current offer price-
Current mid price110.53
Region
1France42.15%
2Germany16.06%
3UK14.49%
4Switzerland6.28%
5Ireland5.99%
6Spain5.68%
7Sweden4.21%
8Netherlands2.15%
9USA1.6%
Industry sector
1Consumer Discretionary30.69%
2Industrials21.84%
3Information Technology15.3%
4Financials9.79%
5Materials8.95%
6Utilities3.82%
7Energy2.54%
8Telecommunications Utilities2.35%
9Health Care2.18%
Asset type
1French Equities42.15%
2German Equities16.06%
3UK Equities14.49%
4Swiss Equities6.28%
5Irish Equities5.99%
6Spanish Equities5.68%
7Swedish Equities4.21%
8Dutch Equities2.15%
9US Equities1.6%
Individual holdings
1WIRE CARD AG11.05%
2PEUGEOT SA9.36%
3VALEO9.02%
4RYANAIR HLDGS5.32%
5RENAULT(REGIE NATIONALE DES USINES)4.92%
Management
Fund manager group
Alken Asset Management
Fund manager company
Alken Asset Management
Fund type
Offshore Fund
Fund objective
The objective of the fund is to achieve annualised capital appreciation in the long term through a risk adjusted outperformance against the benchmark.
Benchmark
  • STOXX Europe 600
Investment style
Value
Investment method
Shares
Fund manager
NameSinceBiography
Nicolas Walewski03/01/2006Nicolas Walewski is the Managing Partner of Alken Asset Management LLP, which he founded in July 2005. He is the portfolio manager of the Alken European Opportunities Fund, the Alken Absolute Return Europe, the Alken Small Caps Europe, and the Alken Capital One Fund. Previously, Nicolas was the fund manager of the Oyster European Opportunities Fund at Banque Syz in London from 1999 to 2005. The Fund outperformed the STOXX 600 by an annualised average rate of 7.3% p.a. whilst under his manage (from 1 June 1999 to the 30 September 2005). Nicolas began his investment career in 1993 with Credit Lyonnais in Paris as a currency options portfolio manager and then in Frankfurt as an index options portfolio manager. Subsequently, he was a buy-side analyst specialising in media and information technology across Europe and a fund manager responsible for the European equities portfolios with Eur1.2bn assets under management. Nicolas graduated from Ecole Polytechnique, Paris, and holds a Master’s degree from ENSAE (National College of Statistics and Economics). He has 21 years’ of investment experience.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Alken European Opportunities A
Initial charge3%
Annual charge2.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price196.64
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZM1
Alken European Opportunities CH1
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.43
CurrencyCHF
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE48B
Alken European Opportunities CH2
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.97
CurrencyCHF
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJSLJ
Alken European Opportunities EU1
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price174.01
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZDA
Alken European Opportunities EU1 d
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.54
CurrencyEUR
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3TW
Alken European Opportunities GB1
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.8
CurrencyGBP
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGT5S
Alken European Opportunities H
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price250.7
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBML0
Alken European Opportunities R
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price234.69
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBML1
Alken European Opportunities U
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price182.18
CurrencyEUR
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBML2
Alken European Opportunities US1
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.96
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2FL
Alken European Opportunities US1 h
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.78
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0QA
Alken European Opportunities US2
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.53
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPFI
Alken European Opportunities US2 h
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.19
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3TX
Alken European Opportunities Z
Initial charge3%
Annual charge1.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price222.7
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGYH3
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.