Fact sheet: CF Odey Cont European

Fund information
Fund name
CF Odey Continental European Inst Acc
Fund manager company
Odey Asset Management
Fund type
OEIC
Fund managers
  • Oliver Keltonsince 30/06/2015
Fund objective
The investment objective of CF Odey Continental European Fund is to achieve long term capital appreciation through investing primarily in quoted securities issued by companies with principal offices in Continental Europe and the normal policy of the Fund is to invest in a broad spread of equities but the Fund may also invest in government bonds, other fixed interest securities and preferred stocks if in the opinion of the ACD and the Investment Manager this is appropriate to the goal of maximising capital growth.
Benchmark
  • MSCI TR Net Europe Ex UK Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
11.1%
1 Year rank in sector
86/223
Sector
UT Flexible Investment
Yield
0.5%
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.
1.12%
Fund size
£150m (£154m 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.
89
Mid price
135.56
Top in this sector
Fund name1 Year
M&G Managed Growth28.6%
CF IM Global Strategy22.7%
The Divsftion ICVC21.1%
Architas Birthstar TD 2036 4020.2%
CF Miton Worldwide Opps20.1%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • France27.4%
    Money Market24%
    Netherlands11.9%
    Denmark9.9%
    Germany7.9%
  • Money Market24%
    Telecommunications Utilities17.4%
    Industrials17.4%
    Consumer Discretionary16.4%
    Financials6.5%
  • International Equities76%
    Money Market24%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.7%-2.6%6.1%11.1%6.4%64%
Sector-0.6%0.4%8.4%9.2%18.5%45%
Rank within sector252 / 252233 / 246184 / 24686 / 223180 / 18624 / 158
Quartile4th4th3rd2nd4th1st
Calendar performance
 YTD - 20162015201420132012
Fund8.2%3.2%-8.2%38.6%15.3%
Sector9.2%2%4.9%14.1%9.7%
Rank within sector150 / 23280 / 209188 / 1883 / 1779 / 160
Quartile3rd2nd4th1st1st
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.
-2.91
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.
0.95
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
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%.
10.67
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.
7.7
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.
-0.45
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.
0.47
Price movement
52 week high148.41
52 week low118.55
Current bid price-
Current offer price-
Current mid price135.56
Region
1France27.44%
2Money Market23.99%
3Netherlands11.88%
4Denmark9.88%
5Germany7.87%
6Luxembourg5.1%
7Sweden4.97%
8Finland2.78%
9Switzerland1.78%
Industry sector
1Money Market23.99%
2Telecommunications Utilities17.44%
3Industrials17.41%
4Consumer Discretionary16.35%
5Financials6.48%
6Consumer Staples5.9%
7Health Care5.07%
8Information Technology2.78%
9Materials1.78%
Asset type
1International Equities76.01%
2Money Market23.99%
Individual holdings
1ORANGE SA7.9%
2VIVENDI6.7%
3KONINKLIJKE PHILIPS NV6.5%
4ALSTOM6.4%
5BAYER AG5.1%
6SES AS TLMACE5.1%
7TDC A/S5%
8DANSKE BANK A/S4.9%
9KONINKLIJKE KPN NV4.6%
Management
Fund manager group
Odey
Fund manager company
Odey Asset Management
Fund type
OEIC
Fund objective
The investment objective of CF Odey Continental European Fund is to achieve long term capital appreciation through investing primarily in quoted securities issued by companies with principal offices in Continental Europe and the normal policy of the Fund is to invest in a broad spread of equities but the Fund may also invest in government bonds, other fixed interest securities and preferred stocks if in the opinion of the ACD and the Investment Manager this is appropriate to the goal of maximising capital growth.
Benchmark
  • MSCI TR Net Europe Ex UK Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Oliver Kelton30/06/2015Oliver Kelton is the Portfolio Manager of the Odey European Focus Fund and the CF Odey Continental European Fund. Oliver joined Odey in March 2015 from Waverton Investment Management, were he had joined as a European equity analyst. In 2003 he started managing specialist Pan-European equity portfolios and took over running the Waverton European Fund in April 2010. From May 2007 he was also the manager of the Pepin Fund, a plain vanilla long-short European equity fund which was closed in April 2013. He has a 1st class honours degree in Economics and Politics from Bristol University and is a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Odey Continental European Inst Acc
Initial charge4%
Annual charge0.89%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price135.56
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNBQ4
CF Odey Continental European Inst Inc
Initial charge4%
Annual charge0.89%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price129.57
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNBQ5
CF Odey Continental European P Inst Acc
Initial charge4%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.33
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMVYF
CF Odey Continental European P Ret Acc
Initial charge4%
Annual charge1.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.21
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMVYE
CF Odey Continental European Ret Acc
Initial charge4%
Annual charge1.39%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price786.31
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCA90
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.