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 01/08/1999
  • Lars Wincentsensince 01/08/1999
Fund objective
The Carnegie European Equity fund aims to achieve long-term capital growth from a diversified portfolio of equities and a low risk approach to portfolio management and stock selection. The fund invests in equities that have their principal activities in the developed European countries as well as those in emerging European countries. The portfolio contains between 25 and 30 high conviction stock picks.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-4.3%
1 Year rank in sector
406/471
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
£28m
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.
101
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq40%
Schroder ISF Gbl Rec32.9%
Dodge & Cox Gbl Stk31.6%
Dimensional Gbl Small Cos26.9%
SKAGEN Focus26.5%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America66%
    Asia Pacific17.6%
    Continental Europe10.5%
    UK3.6%
    Global Emerging Markets2.3%
  • Consumer Staples24.9%
    Real Estate16.8%
    Information Technology14.2%
    Health Care11.9%
    Telecommunications Utilities8.9%
  • North American Equities66%
    Asia Pacific Equities17.6%
    European Equities10.5%
    UK Equities3.6%
    Global Emerging Market Equities2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.4%-2.3%-1.3%-4.3%22.8%46.1%
Sector0.3%-0.2%4.2%2.3%13.7%52.3%
Rank within sector189 / 500331 / 496407 / 486406 / 471128 / 383190 / 287
Quartile2nd3rd4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-1.6%18.9%4.2%7.5%10.5%
Sector4.9%0.7%6%21.3%12.7%
Rank within sector401 / 4754 / 427230 / 387329 / 338225 / 289
Quartile4th1st3rd4th4th
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.
3.35
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.
0.94
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.
0.31
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%.
12.54
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.
8.72
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.
0.31
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.
0.51
Price movement
52 week high25.16
52 week low20.64
Current bid price-
Current offer price-
Current mid price23.32
Region
1North America66%
2Asia Pacific17.6%
3Continental Europe10.5%
4UK3.6%
5Global Emerging Markets2.3%
Industry sector
1Consumer Staples24.9%
2Real Estate16.8%
3Information Technology14.2%
4Health Care11.9%
5Telecommunications Utilities8.9%
6Financials6.3%
7Consumer Discretionary5.9%
8Utilities5.7%
9Industrials5.4%
Asset type
1North American Equities66%
2Asia Pacific Equities17.6%
3European Equities10.5%
4UK Equities3.6%
5Global Emerging Market Equities2.3%
Individual holdings
1HKT TRUST AND HKT LTD SHARE STAPLED UNIT3.6%
2VISA INC3.5%
3SNAPON3.4%
4DOLLAR GENERAL CORP3.3%
5NEXTERA ENERGY INC3.3%
6ALPHABET INC3.1%
7CVS HEALTH CORP3.1%
8EXTRA SPACE STORAGE REIT3%
9STORE CAPITAL CORP3%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
The Carnegie European Equity fund aims to achieve long-term capital growth from a diversified portfolio of equities and a low risk approach to portfolio management and stock selection. The fund invests in equities that have their principal activities in the developed European countries as well as those in emerging European countries. The portfolio contains between 25 and 30 high conviction stock picks.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Carnegie Asset Management01/08/1999
Lars Wincentsen01/08/1999Lars 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 price23.32
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH935
Carnegie Worldwide Stable Equities 1A NOK
Initial charge-
Annual charge-
Min single investment£0
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 price228.58
CurrencySEK
Price updated02/12/2016
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 price24.83
CurrencyUSD
Price updated02/12/2016
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 price249.38
CurrencyNOK
Price updated02/12/2016
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 updated03/05/2009
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH930
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.