Fact sheet: BB Entrepreneur Europe Small

Fund information
Fund name
BB Entrepreneur Europe Small B CHF
Fund manager company
Bellevue Asset Management
Fund type
Offshore Fund
Fund managers
  • Birgitte Olsen, CFAsince 29/06/2011
  • Michel Keuschsince 30/08/2013
  • Karim Bertonisince 28/02/2015
Fund objective
The investment objective is to generate attractive and competitive capital growth in the long term. It is therefore particularly suited to investors with an investment horizon of at least 5 years who want to enhance their portfolio diversification with investments in European small capitalized founder-controlled companies. The Fund displays the typical risks associated with equity investments inEuropeansmallcaps.
Benchmark
  • MSCI EU Small ex UK Index
Investment style
Active,Growth
Investment method
Shares
Quick stats
1 Year return
19%
1 Year rank in sector
10/51
Sector
FO Equity - Small Cap Europe
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.
2.4%
Fund size
£74m (£16m 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.
102
Top in this sector
Fund name1 Year
SEB 2 Estn Eur Sm Cap43.5%
Old Mutual Eur(ExUK)SmCo35.5%
Argos Argonaut28.6%
Nordea 1 Nordic Eq Sm Cp28%
T. Rowe Price Eurpn SmCo Eq25.8%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • Germany24.6%
    Italy15.4%
    Spain12.6%
    Austria11.4%
    Norway9%
  • Industrials22.5%
    Information Technology18.8%
    Consumer Discretionary15.9%
    Financials14.6%
    Materials10.3%
  • German Equities24.6%
    Italian Equities15.4%
    Spanish Equities12.6%
    Austrian Equities11.4%
    Norwegian Equities9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%6.8%10%19%36.9%102.6%
Sector0.9%7%7.7%13.5%30.8%87.7%
Rank within sector29 / 5327 / 5214 / 5210 / 5116 / 4819 / 39
Quartile3rd3rd2nd1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund5.4%10.5%16.6%8.1%34.4%
Sector6.1%1%23.6%3.2%29.7%
Rank within sector31 / 528 / 5146 / 5010 / 4816 / 42
Quartile3rd1st4th1st2nd
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.
2.79
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.
0.93
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.
0.46
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%.
14.81
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.
9.09
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.
0.61
Price movement
52 week high238.41
52 week low182.99
Current bid price-
Current offer price-
Current mid price234.56
Region
1Germany24.6%
2Italy15.4%
3Spain12.6%
4Austria11.4%
5Norway9%
6Finland6%
7France4.9%
8Switzerland4.2%
9Denmark3.5%
Industry sector
1Industrials22.5%
2Information Technology18.8%
3Consumer Discretionary15.9%
4Financials14.6%
5Materials10.3%
6Consumer Staples7%
7Energy4.2%
8Money Market3.4%
9Health Care3.3%
Asset type
1German Equities24.6%
2Italian Equities15.4%
3Spanish Equities12.6%
4Austrian Equities11.4%
5Norwegian Equities9%
6Finnish Equities6%
7French Equities4.9%
8Swiss Equities4.2%
9Danish Equities3.5%
Individual holdings
1UPONOR OYJ4%
2BANCA IFIS3.9%
3IMA3.6%
4ASETEK AS3.5%
5CORTICEIRA AMORIM-SOCIEDADE GESTORA3.2%
6CANCOM SE3%
7ISRA VISION AG3%
8ADLER REAL ESTATE AG2.8%
9CTS EVENTIM AG & CO KGAA2.7%
Management
Fund manager group
Bellevue Asset Management
Fund manager company
Bellevue Asset Management
Fund type
Offshore Fund
Fund objective
The investment objective is to generate attractive and competitive capital growth in the long term. It is therefore particularly suited to investors with an investment horizon of at least 5 years who want to enhance their portfolio diversification with investments in European small capitalized founder-controlled companies. The Fund displays the typical risks associated with equity investments inEuropeansmallcaps.
Benchmark
  • MSCI EU Small ex UK Index
Investment style
Active,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Birgitte Olsen, CFA29/06/2011Birgitte Olsen, Head of European Equities, joined Bellevue Asset Management in 2008 and assumed portfolio management responsibility for the investment funds BB Entrepreneur Switzerland and BB Entrepreneur Europe as well as for institutional mandates. From 1994 to 1997 Birgitte Olsen was a financial analyst at Bank am Bellevue, focusing on the insurance and pharmaceutical sectors. She had previously spent nine years at Generali Investments in Cologne, where she managed European equity portfolios and thematic funds. Birgitte Olsen graduated from the University of St. Gallen in 1992 with a degree in finance and accounting.
Michel Keusch30/08/2013Michel Keusch has been working as a senior portfolio manager of European equities since 2013. He has been with Bellevue since 2007, when he started as a co-portfolio manager of Toros Prime Fund. He was previously working as a senior equity research analyst at Crédit Agricole Cheuvreux and also at Credit Suisse First Boston from 1996. He studied at the University of Strasbourg, France, and University of Bath, UK, then finished his studies with a MBA in international management.
Karim Bertoni28/02/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Luxembourg, Offshore
BB Entrepreneur Europe Small B CHF
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.4%
Bid price-
Offer price-
Mid price234.56
CurrencyCHF
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03XL
BB Entrepreneur Europe Small B EUR
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.39%
Bid price-
Offer price-
Mid price267.98
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03XK
BB Entrepreneur Europe Small I CHF
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price244.62
CurrencyCHF
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03XJ
BB Entrepreneur Europe Small I EUR
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price279.43
CurrencyEUR
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03XI
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.