Fact sheet: Danske Europe Small Cap

Fund information
Fund name
Danske Europe Small Cap A
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Ivan Larsensince 14/02/2001
Fund objective
The objective of this fund is to generate a return at least equal to the return on European small and medium-sized companies. The fund is accumulating.
Benchmark
  • MSCI Europe Small Cap Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-5.8%
1 Year rank in sector
25/47
Sector
FO Equity - Small Cap Europe
Yield
-
Fund size
£110m (£145m last year)
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.
100
Top in this sector
Fund name1 Year
Old Mutual Eur(ExUK)SmCo26.1%
SEB 2 Estn Eur Sm Cap22.5%
Argos Argonaut15.8%
Pictet Small Cap Europe14.1%
Montanaro Europ Inc12.8%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials34.6%
    Health Care18.5%
    Information Technology10.3%
    Financials9.2%
    Consumer Discretionary8.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%-3.7%-2.3%-5.8%19.4%88.5%
Sector-1%-1.8%-1.5%-4.2%25.7%94.3%
Rank within sector8 / 4736 / 4826 / 4825 / 4737 / 4426 / 37
Quartile1st3rd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-4.8%22.6%0.9%23.2%31.1%
Sector-3.4%23.6%3.2%29.7%22.3%
Rank within sector25 / 4830 / 4737 / 4533 / 398 / 37
Quartile3rd3rd4th4th1st
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.
-2.51
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.
1.08
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.
0.22
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%.
14.33
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.
5.2
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.
0.87
Price movement
52 week high54.42
52 week low45.85
Current bid price-
Current offer price-
Current mid price51.4
Region
No data available.
Industry sector
1Industrials34.6%
2Health Care18.5%
3Information Technology10.3%
4Financials9.2%
5Consumer Discretionary8.5%
6Consumer Staples8.5%
7Materials6.5%
8Telecommunications Utilities3.9%
Asset type
No data available.
Individual holdings
1BURFORD CAPITAL LIMITED ORD NPV5.1%
2CVS GROUP PLC3.9%
3ARROW GLOBAL GRP PLC3.7%
4DRILLISCH AG3.7%
5INWIDO AB3.6%
6TKH GROUP3.5%
7STABILUS SA3.4%
8IMCD NV3.3%
9FILA FABBRICA ITALIANA LAPIS ED AFFINI SPA3%
Management
Fund manager group
Danske Invest LUX
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund objective
The objective of this fund is to generate a return at least equal to the return on European small and medium-sized companies. The fund is accumulating.
Benchmark
  • MSCI Europe Small Cap Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Ivan Larsen14/02/2001The responsibility for the portfolio 's investments is with Ivan Larsen in co-operation with Henrik Knudsen. Ivan Larsen holds a MSc (Finance) and has 15 years of experience as a portfolio manager and equities analyst. Henrik Knudsen holds a Graduate Diploma in Business Administration (Finance) and has more than 6 years of experience as a portfolio manager and equities analyst.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Ireland, Luxembourg, Norway, Offshore, Sweden
Danske Europe Small Cap A
Initial charge3%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price51.396
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM74
Danske Europe Small Cap I
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price18.291
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMVI4
Data provided by

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