Fact sheet: Aviva Fid European Pn

Fund information
Fund name
Aviva Fidelity European Pn S3
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Samuel Morsesince 01/12/2009
Underlying fund
Fidelity European
Fund objective
The fund aims to provide long-term capital growth. It invests primarily in the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.4%
1 Year rank in sector
82/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£34m (£31m 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.
98
Bid price
275.57
Top in this sector
Fund name1 Year
OMW Old Mut Euro (ex UK) Sm Cos24.9%
OMW Henderson Euro Sm Cos21.9%
Guardian Choices European Pn21.8%
SIP Hend Eurpn Sm Cos Pn21.7%
SIP Neptune Eurpn Opps Pn18.9%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France28.1%
    Switzerland18.8%
    Germany12.8%
    Spain6.3%
    Belgium6.1%
  • Financials19.7%
    Health Care16%
    Industrials14.5%
    Consumer Staples13.3%
    Consumer Discretionary10.3%
  • French Equities28.1%
    Swiss Equities18.8%
    German Equities12.8%
    Spanish Equities6.3%
    Belgian Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.1%-2.1%6.6%11.4%21.6%74.9%
Sector-6.4%-1.7%6.7%8.7%19%71.2%
Rank within sector274 / 369200 / 368201 / 36882 / 35989 / 340116 / 312
Quartile3rd3rd3rd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund9.4%6.3%3.5%18.2%23.4%
Sector7.2%9.4%-0.2%25.6%19.2%
Rank within sector102 / 359241 / 35337 / 341302 / 32952 / 311
Quartile2nd3rd1st4th1st
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.
0.4
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.
1.05
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.
0.3
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%.
12.07
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.
3.11
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.
0.2
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.
0.94
Price movement
52 week high301.31
52 week low228.82
Current bid price275.57
Current offer price-
Current mid price-
Region
1France28.13%
2Switzerland18.79%
3Germany12.76%
4Spain6.33%
5Belgium6.07%
6UK5.9%
7Others5.66%
8Finland4.73%
9Denmark4.32%
Industry sector
1Financials19.67%
2Health Care16.03%
3Industrials14.5%
4Consumer Staples13.26%
5Consumer Discretionary10.26%
6Information Technology7.15%
7Energy6.14%
8Materials4.21%
9Utilities3.8%
Asset type
1French Equities28.13%
2Swiss Equities18.79%
3German Equities12.76%
4Spanish Equities6.33%
5Belgian Equities6.07%
6UK Equities5.9%
7International Equities5.66%
8Finnish Equities4.73%
9Danish Equities4.32%
Individual holdings
1NESTLE SA6.59%
2ROCHE HLDG AG5.33%
3SANOFI3.99%
4TOTAL SA3.66%
5NOVO NORDISK A/S3.01%
6L`OREAL3%
7SAMPO2.88%
8SAP SE2.85%
93I GROUP PLC ORD2.57%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide long-term capital growth. It invests primarily in the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile.
Benchmark
  • MSCI Europe ex UK
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
Aviva Fidelity European Pn Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price340.73
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeN688
Aviva Fidelity European Pn S2
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price311.26
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO83
Aviva Fidelity European Pn S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price275.57
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO84
Aviva Fidelity European Pn S5
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price278.86
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO85
Aviva Fidelity European Pn S6 Acc
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price187.41
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN451
Data provided by

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