Fact sheet: Carnegie Worldwide Ethical

Fund information
Fund name
Carnegie Worldwide Ethical 1A EUR
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund managers
  • Mattias Kolmsince 27/12/2000
  • Carnegie Asset Managementsince 27/12/2000
Fund objective
The Carnegie Worldwide Ethical fund aims to achieve long-term capital growth from a diversified portfolio of global equities. The fund will specifically avoid investment in companies which operate in the production and distribution of alcohol, tobacco products, weapons or technology and software which is specifically designed to facilitate the production of weapons, any other goods and services which may be deemed by the Investment Manager to be of an unethical nature.
Benchmark
  • MSCI AC World
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
-9.5%
1 Year rank in sector
66/68
Sector
FO Equity - Ethical
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.
1.62%
Fund size
£313m
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.
106
Top in this sector
Fund name1 Year
Alquity Latin America31.1%
Impax Environmental Markets30.8%
Sparinvest Ethical Gbl Val28.4%
Schroder ISFQEPGblESG27.9%
Vanguard SRI Global Stock25.4%
...more in FO Equity - Ethical

Performance snapshot

Holdings snapshot

  • North America50.2%
    Continental Europe21.9%
    Asia Pacific16.1%
    Global Emerging Markets11.8%
  • Information Technology26.9%
    Consumer Discretionary22.6%
    Financials20.1%
    Consumer Staples12.1%
    Health Care11.5%
  • North American Equities50.2%
    European Equities21.9%
    Asia Pacific Equities16.1%
    Global Emerging Market Equities11.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%-2.9%-0.4%-9.5%38.1%78.7%
Sector2.4%-0.4%4.8%3.9%19.1%51.4%
Rank within sector49 / 7752 / 7761 / 7466 / 6814 / 5816 / 47
Quartile3rd3rd4th4th1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund-8.9%16.7%26.9%16.2%11.8%
Sector5%3.2%7.3%18.4%10.5%
Rank within sector67 / 683 / 611 / 5839 / 5031 / 47
Quartile4th1st1st4th3rd
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.
5.96
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.
0.99
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.
0.58
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%.
13.5
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.
7.76
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.
0.72
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.
0.67
Price movement
52 week high17.12
52 week low14
Current bid price-
Current offer price-
Current mid price15.58
Region
1North America50.2%
2Continental Europe21.9%
3Asia Pacific16.1%
4Global Emerging Markets11.8%
Industry sector
1Information Technology26.9%
2Consumer Discretionary22.6%
3Financials20.1%
4Consumer Staples12.1%
5Health Care11.5%
6Materials4.6%
7Real Estate2.2%
Asset type
1North American Equities50.2%
2European Equities21.9%
3Asia Pacific Equities16.1%
4Global Emerging Market Equities11.8%
Individual holdings
1VISA INC8.5%
2HOUSING DEVELOPMENT FINANCE CORP8.2%
3HOUSING DEVELOPMENT FINANCE CORP8.2%
4KEYENCE CORP4.7%
5ECOLAB INC4.6%
6AIA GROUP LTD4.5%
7ALPHABET INC. CLASS A4.5%
8HOME DEPOT INC4.4%
9NESTLE SA4.3%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
The Carnegie Worldwide Ethical fund aims to achieve long-term capital growth from a diversified portfolio of global equities. The fund will specifically avoid investment in companies which operate in the production and distribution of alcohol, tobacco products, weapons or technology and software which is specifically designed to facilitate the production of weapons, any other goods and services which may be deemed by the Investment Manager to be of an unethical nature.
Benchmark
  • MSCI AC World
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mattias Kolm27/12/2000Mattias Gardar Kolm, born in 1974, has an M.Sc. BA from the University of Lund in Sweden. He supplemented his degree with financial studies at the Stockholm School of Economics. With Carnegie Asset Management he is portfolio manager of Ethical equities. Until Spring 2000 he worked in the Finance Department of Svedala Industri, where his main assignment was cash flow hedging. When Metso Corp. bought Svedala Industri he started with SEB Enskilda Bank as a portfolio manager.
Carnegie Asset Management27/12/2000
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Finland, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden
Carnegie Worldwide Ethical 1A EUR
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.58
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH919
Carnegie Worldwide Ethical 1A NOK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price65.8
CurrencyNOK
Price updated31/10/2008
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH917
Carnegie Worldwide Ethical 1A SEK
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price152
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH918
Carnegie Worldwide Ethical 1A USD
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.73
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH916
Carnegie Worldwide Ethical 2A NOK
Initial charge3%
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price169.35
CurrencyNOK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH915
Carnegie Worldwide Ethical 5B EUR
Initial charge5%
Annual charge1.6%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.04
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIIT0
Carnegie Worldwide Ethical 5B SEK
Initial charge5%
Annual charge1.6%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.75
CurrencySEK
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIIT1
Data provided by

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