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 Carnegie Worldwide fund is to achieve long­term 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
12.1%
1 Year rank in sector
365/478
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.
1.63%
Fund size
£1,924m
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.
104
Top in this sector
Fund name1 Year
Dodge & Cox Gbl Stk45.7%
Morg Stnly Global Discovery41%
T. Rowe Price GblFcsGrEq40.7%
Guinness Gbl Innovators40.4%
RWC Global Horizon38.9%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America48.8%
    Continental Europe16.6%
    Asia Pacific13.6%
    Global Emerging Markets11.2%
    UK9.8%
  • Information Technology22.9%
    Financials21.4%
    Consumer Staples12.7%
    Consumer Discretionary11.9%
    Health Care10.7%
  • North American Equities48.8%
    European Equities16.6%
    Asia Pacific Equities13.6%
    Global Emerging Market Equities11.2%
    UK Equities9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%8.7%17.1%12.1%19%65.4%
Sector1.7%3.4%10.4%17.2%21.8%66.5%
Rank within sector62 / 50434 / 50424 / 497365 / 478214 / 388176 / 295
Quartile1st1st1st4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund15.3%-6.9%4.1%10%17.2%
Sector8.2%7.9%0.7%6%21.3%
Rank within sector30 / 501454 / 462140 / 411118 / 369261 / 323
Quartile1st4th2nd2nd4th
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.
-1.38
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.
1.11
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.
0.2
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%.
11.64
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.
5.79
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.
-0.15
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.
0.76
Price movement
52 week high115.15
52 week low96.9
Current bid price-
Current offer price-
Current mid price114.68
Region
1North America48.8%
2Continental Europe16.6%
3Asia Pacific13.6%
4Global Emerging Markets11.2%
5UK9.8%
Industry sector
1Information Technology22.9%
2Financials21.4%
3Consumer Staples12.7%
4Consumer Discretionary11.9%
5Health Care10.7%
6Industrials6.4%
7Materials6.3%
8Energy4.5%
9Real Estate1.9%
Asset type
1North American Equities48.8%
2European Equities16.6%
3Asia Pacific Equities13.6%
4Global Emerging Market Equities11.2%
5UK Equities9.8%
Individual holdings
1HOUSING DEVELOPMENT FINANCE CORP8.2%
2HOUSING DEVELOPMENT FINANCE CORP8.2%
3VISA INC7.4%
4BRITISH AMERICAN TOBACCO5.4%
5HOME DEPOT INC4.8%
6PHILIP MORRIS INTERNATIONAL INC4.7%
7FACEBOOK INC4.5%
8ROYAL DUTCH SHELL4.5%
9ALPHABET INC4.4%
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 Carnegie Worldwide fund is to achieve long­term 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, UCITS V 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)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.48
CurrencyEUR
Price updated24/05/2017
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)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price997.82
CurrencySEK
Price updated24/05/2017
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)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.68
CurrencyUSD
Price updated24/05/2017
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)0.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1156.93
CurrencyNOK
Price updated24/05/2017
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)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1212.75
CurrencyNOK
Price updated24/05/2017
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)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1029.06
CurrencyNOK
Price updated24/05/2017
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)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.88
CurrencyUSD
Price updated24/05/2017
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)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price487.83
CurrencySEK
Price updated24/05/2017
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)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price56.06
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeH952
Carnegie Worldwide 6A GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.55
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNPXX
Data provided by

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