Fact sheet: Carnegie WrldStblEqts

Fund information
Fund name
Carnegie Worldwide Stable Equities 1A EUR
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund managers
  • Carnegie Asset Managementsince 02/08/1999
  • Lars Wincentsensince 02/08/1999
Fund objective
The Carnegie Worldwide Stable Equities fund aims to achieve long­term capital growth from a diversified portfolio of investments. It is the long­term aim of the fund that the portfolio will have a price volatility that is lower than the general stock market. This is done by selecting investments from that half of the global stock market with the lowest historical standard deviation or is expected to going forward. There is no predetermined geographical distribution as the fund seeks to maximize returns by exploiting investment opportunities wherever they arise.
Benchmark
  • MSCI AC World Min. Volatility
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
6.2%
1 Year rank in sector
459/480
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.
1.6%
Fund size
£29m
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
Dodge & Cox Gbl Stk46.6%
Morg Stnly Global Discovery42.5%
T. Rowe Price GblFcsGrEq41.4%
Guinness Gbl Innovators39.8%
RWC Global Horizon38.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America61.3%
    Continental Europe17%
    Asia Pacific16.4%
    UK4.2%
    Global Emerging Markets1.1%
  • Consumer Staples19.2%
    Information Technology14.3%
    Health Care14.1%
    Financials13.7%
    Real Estate9.2%
  • North American Equities61.3%
    European Equities17%
    Asia Pacific Equities16.4%
    UK Equities4.2%
    Global Emerging Market Equities1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-2.6%4.2%6.2%24.3%50.3%
Sector2.6%2.8%10.2%18.1%21.5%66.6%
Rank within sector468 / 505469 / 506453 / 498459 / 480172 / 390262 / 296
Quartile4th4th4th4th2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund1.4%2.1%18.9%4.2%7.5%
Sector7.9%7.9%0.7%6%21.3%
Rank within sector466 / 503358 / 4646 / 413219 / 371314 / 324
Quartile4th4th1st3rd4th
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.
2.13
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.
0.89
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.
0.37
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%.
12.03
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.
8.8
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.
0.12
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.
0.46
Price movement
52 week high25.39
52 week low22.54
Current bid price-
Current offer price-
Current mid price24.52
Region
1North America61.3%
2Continental Europe17%
3Asia Pacific16.4%
4UK4.2%
5Global Emerging Markets1.1%
Industry sector
1Consumer Staples19.2%
2Information Technology14.3%
3Health Care14.1%
4Financials13.7%
5Real Estate9.2%
6Utilities9%
7Telecommunications Utilities7.9%
8Industrials7.5%
9Energy3%
Asset type
1North American Equities61.3%
2European Equities17%
3Asia Pacific Equities16.4%
4UK Equities4.2%
5Global Emerging Market Equities1.1%
Individual holdings
1VISA INC4.5%
2ALGONQUIN POWER & UTILITIES CO4.2%
3BRITISH AMERICAN TOBACCO4.2%
4HKT TRUST AND HKT LTD SHARE STAPLED UNIT3.9%
5ALPHABET INC3.5%
6WEST JAPAN RAILWAY CO3.3%
7EMERA INC3.2%
8JOHNSON & JOHNSON3.1%
9TORONTO-DOMINION BANK3.1%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
The Carnegie Worldwide Stable Equities fund aims to achieve long­term capital growth from a diversified portfolio of investments. It is the long­term aim of the fund that the portfolio will have a price volatility that is lower than the general stock market. This is done by selecting investments from that half of the global stock market with the lowest historical standard deviation or is expected to going forward. There is no predetermined geographical distribution as the fund seeks to maximize returns by exploiting investment opportunities wherever they arise.
Benchmark
  • MSCI AC World Min. Volatility
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Carnegie Asset Management02/08/1999
Lars Wincentsen02/08/1999Lars Wincentsen, born 1967, holds a Diploma in Business Administration and International Business from the Copenhagen Business School and has completed the financing program at the Danske Bank Academy. Prior to joining Carnegie Asset Management in 1998, Lars was a senior portfolio manager with Danske Capital for eight years and ultimately held the position as Head of International Equity Investments.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Finland, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden
Carnegie Worldwide Stable Equities 1A EUR
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price24.52
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH935
Carnegie Worldwide Stable Equities 1A NOK
Initial charge-
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.58
CurrencyNOK
Price updated31/10/2008
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH934
Carnegie Worldwide Stable Equities 1A SEK
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price239.04
CurrencySEK
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH933
Carnegie Worldwide Stable Equities 1A USD
Initial charge5%
Annual charge1.6%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price27.53
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH932
Carnegie Worldwide Stable Equities 2A NOK
Initial charge3%
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price274.97
CurrencyNOK
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH931
Carnegie Worldwide Stable Equities 3A NOK
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 price99.54
CurrencyNOK
Price updated04/05/2009
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH930
Data provided by

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