Fact sheet: Berenberg 1590 Aktien Mittelstand

Fund information
Fund name
Berenberg 1590 Aktien Mittelstand R
Fund manager company
Universal Investment
Fund type
No data available.
Fund manager
  • Joh. Berenberg, Gossler & Co. KGsince 31/07/2016
Fund objective
The Fund´s investment objective is to achieve the highest possible increase in value. To achieve this, at least 51% of the Fund is invested in the shares of small and medium-sized enterprises in German-speaking countries that have market capitalisation of up to EUR 5 billion and annual revenues of less than EUR 3 billion. Fundamental valuation criteria are employed to select companies that have a specialised product or are active in a specialised market segment, and in which the founding families play an important role in company management. The Fund´s benchmark index is the 100% MDAX® (BloombergMDAX). The benchmark index for the Fund is determined by the Company and can be changed, as the circumstances require. The Fund does not, however, aim at tracking the benchmark index, but strives for the attainment of an absolute value delopment independent of the benchmark index. The Fund may enter into derivatives transactions in order to hedge its asset positions or achieve a higher increase in value. In so doing, the Fund??s management has discretion to select the individual investment assets.
Benchmark
  • MDAX TR (EUR)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
20.3%
1 Year rank in sector
28/93
Sector
FO Equity - Europe Single Country
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.
1.89%
Fund size
£72m (£25m last year)
Top in this sector
Fund name1 Year
Pictet Russian Equities66.4%
Baring Russia57.9%
SEB 2 Russia53.8%
Boost LevDAX 3x Daily ETP53.3%
HSBC GIF Russia Equity50.8%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Germany82.2%
    Luxembourg8.2%
    Money Market6.8%
    Switzerland3%
    Not Specified-0.3%
  • Industrials34.4%
    Consumer Discretionary16.8%
    Information Technology15.5%
    Financials15.3%
    Money Market6.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%9.2%3.4%20.3%--
Sector0%4.9%8%16%30.1%55.4%
Rank within sector37 / 939 / 9373 / 9328 / 93--
Quartile2nd1st4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund7.8%3.9%---
Sector4.2%9.6%9.2%1.7%17.5%
Rank within sector19 / 9348 / 93---
Quartile1st3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high113.34
52 week low91.42
Current bid price112
Current offer price118.16
Current mid price-
Region
1Germany82.23%
2Luxembourg8.22%
3Money Market6.81%
4Switzerland3.03%
5Not Specified-0.29%
Industry sector
1Industrials34.39%
2Consumer Discretionary16.84%
3Information Technology15.5%
4Financials15.3%
5Money Market6.52%
6Materials4.46%
7Health Care3.81%
8Telecommunications Utilities3.17%
Asset type
No data available.
Individual holdings
1WIRE CARD AG5.34%
2DUERR AG5.33%
3STROER SE & CO KGAA4.73%
4CTS EVENTIM AG & CO KGAA4.36%
5GRAND CITY PROPERTIES SA4.17%
6FIELMANN AG4.13%
7STABILUS SA4.05%
8GRENKELEASING AG4%
9JUNGHEINRICH NON VTG PRF SHS NPV3.97%
Management
Fund manager group
Universal Investment
Fund manager company
Universal Investment
Fund type
No data available.
Fund objective
The Fund´s investment objective is to achieve the highest possible increase in value. To achieve this, at least 51% of the Fund is invested in the shares of small and medium-sized enterprises in German-speaking countries that have market capitalisation of up to EUR 5 billion and annual revenues of less than EUR 3 billion. Fundamental valuation criteria are employed to select companies that have a specialised product or are active in a specialised market segment, and in which the founding families play an important role in company management. The Fund´s benchmark index is the 100% MDAX® (BloombergMDAX). The benchmark index for the Fund is determined by the Company and can be changed, as the circumstances require. The Fund does not, however, aim at tracking the benchmark index, but strives for the attainment of an absolute value delopment independent of the benchmark index. The Fund may enter into derivatives transactions in order to hedge its asset positions or achieve a higher increase in value. In so doing, the Fund??s management has discretion to select the individual investment assets.
Benchmark
  • MDAX TR (EUR)
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Joh. Berenberg, Gossler & Co. KG31/07/2016Berenberg wurde 1590 gegründet und gehört heute mit den Geschäftsbereichen Private Banking, Investment Banking, Asset Management und Corporate Banking zu den führenden europäischen Privatbanken. Das Bankhaus mit Sitz in Hamburg wird von persönlich haftenden Gesellschaftern geführt und hat eine starke Präsenz in den Finanzzentren Frankfurt, London, New York und Zürich. 1.300 Mitarbeiter an 19 Standorten in Europa, Amerika und Asien verwalten über 40 Mrd. Euro für private und institutionelle Anleger.
Compliance
Transparent for Austrian Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, United Kingdom, Norway
Berenberg 1590 Aktien Mittelstand I
Initial charge5.5%
Annual charge0.4%
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.12%
Bid price113.25
Offer price113.25
Mid price-
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2DY
Berenberg 1590 Aktien Mittelstand R
Initial charge5.5%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.89%
Bid price112
Offer price118.16
Mid price-
CurrencyEUR
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2DX
Data provided by

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