Fact sheet: Carnegie Worldwide

Fund information
Fund name
Carnegie Worldwide 1A USD
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund manager
  • Bo Knudsensince 01/01/2001
Fund objective
The investment objective of the fund is to achieve long-term capital growth exceeding the return of the market with a moderate risk profile as measured by standard deviation. The aim is to have a portfolio’s standard deviation level at or below that of the market. Our experience in managing focused portfolios has taught us that a concentrated portfolio of 25 to 30 high conviction stock picks ensures a sufficiently high risk diversification. The fund endeavours to understand and capitalize on the trends of the future. Most importantly though is to be optimally prepared for the future with a robust portfolio of unique stock picks. The fund invests in equities listed on global stock exchanges and has no geographic or sector restrictions.
Benchmark
  • MSCI AC World
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
-6.5%
1 Year rank in sector
460/474
Sector
FO Equity - International
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
£2,066m
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
Heptagon Kprnk GblAlCpEq50.5%
Schroder ISF Gbl Rec42.1%
Dodge & Cox Gbl Stk38.8%
SKAGEN Focus36.1%
Dimensional Gbl Small Cos35%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America55.1%
    Continental Europe15.5%
    Asia Pacific14%
    Global Emerging Markets11.3%
    UK4.1%
  • Information Technology27.5%
    Financials20.1%
    Consumer Staples19.5%
    Consumer Discretionary18.1%
    Health Care8.3%
  • North American Equities55.1%
    European Equities15.5%
    Asia Pacific Equities14%
    Global Emerging Market Equities11.3%
    UK Equities4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-5.9%-4.5%-6.5%9.7%46.4%
Sector2.9%0.7%5.1%6.1%16.8%56%
Rank within sector403 / 500473 / 497469 / 487460 / 474263 / 384223 / 287
Quartile4th4th4th4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-7.2%4.1%10%17.2%17.8%
Sector6.8%0.7%6%21.3%12.7%
Rank within sector465 / 475144 / 427121 / 387274 / 33841 / 289
Quartile4th2nd2nd4th1st
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.
-2.65
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.
1.14
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%.
12.17
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.
5.71
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.
-0.39
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.
0.79
Price movement
52 week high107.36
52 week low91.46
Current bid price-
Current offer price-
Current mid price99.24
Region
1North America55.1%
2Continental Europe15.5%
3Asia Pacific14%
4Global Emerging Markets11.3%
5UK4.1%
Industry sector
1Information Technology27.5%
2Financials20.1%
3Consumer Staples19.5%
4Consumer Discretionary18.1%
5Health Care8.3%
6Materials4.3%
7Real Estate2.2%
Asset type
1North American Equities55.1%
2European Equities15.5%
3Asia Pacific Equities14%
4Global Emerging Market Equities11.3%
5UK Equities4.1%
Individual holdings
1VISA INC8.7%
2HOUSING DEVELOPMENT FINANCE CORP8.2%
3HOUSING DEVELOPMENT FINANCE CORP8.2%
4KEYENCE CORP4.8%
5AIA GROUP LTD4.5%
6ALPHABET INC4.4%
7FACEBOOK INC4.4%
8ECOLAB INC4.3%
9HOME DEPOT INC4.3%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
The investment objective of the fund is to achieve long-term capital growth exceeding the return of the market with a moderate risk profile as measured by standard deviation. The aim is to have a portfolio’s standard deviation level at or below that of the market. Our experience in managing focused portfolios has taught us that a concentrated portfolio of 25 to 30 high conviction stock picks ensures a sufficiently high risk diversification. The fund endeavours to understand and capitalize on the trends of the future. Most importantly though is to be optimally prepared for the future with a robust portfolio of unique stock picks. The fund invests in equities listed on global stock exchanges and has no geographic or sector restrictions.
Benchmark
  • MSCI AC World
Investment style
Concentrated,Growth
Investment method
Shares
Fund manager
NameSinceBiography
Bo Knudsen01/01/2001Bo Knudsen, born in 1965, he holds a M.Sc. (Economics and Business Administration) degree from Aarhus School of Business and San Francisco State University. Bo has worked with portfolio management of global equities since 1989. He worked for five years as a portfolio manager with Danske Capital (Danske Bank’s asset management division) and ultimately held the position as Head of International Equity Investments. From 1994 to 1998 he worked as a portfolio manager with Carnegie Asset Management and after 3 years as Executive Director and Head of Equities with Nordea Investment Management he re-joined Carnegie Asset Management.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Finland, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden
Carnegie Worldwide 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 price93.36
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH950
Carnegie Worldwide 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 price908.58
CurrencySEK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH951
Carnegie Worldwide 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 price99.24
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH956
Carnegie Worldwide 2A NOK
Initial charge3%
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1003.51
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH955
Carnegie Worldwide 3A NOK
Initial charge1%
Annual charge0.2%
Min single investment£75,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1050.5
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH954
Carnegie Worldwide 4A NOK
Initial charge1%
Annual charge0.4%
Min single investment£3,000,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price891.38
CurrencyNOK
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH953
Carnegie Worldwide 5A USD
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 price99.41
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0S8
Carnegie Worldwide 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 price444.16
CurrencySEK
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeH949
Carnegie Worldwide 5B USD
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 price48.51
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeH952
Data provided by

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