Fact sheet: Candriam Quant Eq Europe

Fund information
Fund name
Candriam Quant Equities Europe N Cap
Fund manager company
Candriam Luxembourg
Fund type
Offshore Fund
Fund manager
  • Bart Goosenssince 26/03/2003
Fund objective
Candriam Quant Equities Europe invests mainly in European listed equities. Fund management is based on the results of a series of sector specific quantitative models designed and tested by Candriam. Each of the models selects the most attractive stocks within its sector. This selection is based on an optimal combination of the most relevant stock selection factors for the sector. The investment strategy is sector neutral relative to the MSCI Europe index.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.5%
1 Year rank in sector
94/227
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.
2.3%
Fund size
£940m (£830m 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.
99
Top in this sector
Fund name1 Year
IVI European40.1%
GS Eur CORE Eq Portfolio38.6%
EP Pan European Opportunities35.6%
JOHCM European Sel Val33.2%
Winton European Equity31.4%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK24.9%
    France15.4%
    Switzerland14.7%
    Germany11.8%
    Netherlands7.2%
  • Financials20.6%
    Consumer Staples13.9%
    Industrials12.7%
    Consumer Discretionary10.8%
    Health Care10.7%
  • UK Equities24.9%
    French Equities15.4%
    Swiss Equities14.7%
    German Equities11.8%
    Dutch Equities7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%6.9%7.1%12.5%16.3%55.4%
Sector2.1%6.2%6.7%9.4%14.5%61.5%
Rank within sector107 / 23587 / 233131 / 23394 / 227101 / 199130 / 175
Quartile2nd2nd3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.2%-0.1%11.3%5.1%16.2%
Sector1.3%-0.6%11.1%4.2%21.1%
Rank within sector111 / 235111 / 22795 / 210105 / 198158 / 185
Quartile2nd2nd2nd3rd4th
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.
0.48
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.
1.02
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.
0.14
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%.
13.12
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.
3.2
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.
0.16
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 high2214.16
52 week low1820.52
Current bid price-
Current offer price-
Current mid price2212.99
Region
1UK24.85%
2France15.36%
3Switzerland14.66%
4Germany11.76%
5Netherlands7.19%
6Others7.17%
7Spain5.4%
8Italy4.85%
9Sweden4.49%
Industry sector
1Financials20.61%
2Consumer Staples13.86%
3Industrials12.72%
4Consumer Discretionary10.8%
5Health Care10.74%
6Materials8.38%
7Energy7.69%
8Information Technology6.59%
9Telecommunications Utilities4.27%
Asset type
1UK Equities24.85%
2French Equities15.36%
3Swiss Equities14.66%
4German Equities11.76%
5Dutch Equities7.19%
6International Equities7.17%
7Spanish Equities5.4%
8Italian Equities4.85%
9Swedish Equities4.49%
Individual holdings
1BNP PARIBAS SA1.9%
2HSBC HOLDINGS PLC1.78%
3UNILEVER NV1.71%
4Siemens AG Common Stock (Stamp Exempt)1.66%
5NOVO NORDISK A/S1.57%
6ROYAL DUTCH SHELL1.54%
7BP PLC1.53%
8CAP GEMINI1.5%
9TOTAL SA1.5%
Management
Fund manager group
Dexia Asset Management
Fund manager company
Candriam Luxembourg
Fund type
Offshore Fund
Fund objective
Candriam Quant Equities Europe invests mainly in European listed equities. Fund management is based on the results of a series of sector specific quantitative models designed and tested by Candriam. Each of the models selects the most attractive stocks within its sector. This selection is based on an optimal combination of the most relevant stock selection factors for the sector. The investment strategy is sector neutral relative to the MSCI Europe index.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Bart Goosens26/03/2003Bart Goosens has been Candriam’s Global head of quantitative equity management since 2001. He began his career in 1994 in Merrill Lynch’s private banking department, moving to JP Morgan in 1995 where he held a number of positions. In 1997 he joined Candriam as an equity fund manager/financial analyst. While managing several international equity funds, he developed a series of quantitative equity models. In 2001, he then formed the quantitative equity management team that he still heads today. Bart Goosens received his Master of Applied Economics from the University of Antwerp.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Slovakia, Sweden
Candriam Quant Equities Europe C Cap
Initial charge3.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price2352.92
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBJU8
Candriam Quant Equities Europe C Dis
Initial charge3.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1741.87
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBJU9
Candriam Quant Equities Europe I Cap
Initial charge-
Annual charge0.55%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2718.18
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBZW1
Candriam Quant Equities Europe L Cap
Initial charge3.5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2330.26
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNFC3
Candriam Quant Equities Europe N Cap
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2212.99
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBZW2
Candriam Quant Equities Europe R Cap EUR
Initial charge3.5%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)-
Bid price118.16
Offer price118.16
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJOW
Candriam Quant Equities Europe R Cap GBP
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.7
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC35P
Candriam Quant Equities Europe V Cap
Initial charge-
Annual charge0.35%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGGZK
Candriam Quant Equities Europe Z Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2891.49
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBZW0
Candriam Quant Equities Europe Z Dis
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1611.62
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC0OR
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