Fact sheet: Davy Eth Eq

Fund information
Fund name
Davy Ethical Equity K Inc EUR
Fund manager company
Davy Asset Management
Fund type
OEIC
Fund managers
  • Des Floodsince 01/01/2014
  • Brian Kennedysince 07/06/2015
Fund objective
The investment objective of the Ethical Equity Fund is to achieve long-term capital growth by investing in a portfolio of global equities in an ethical and socially responsible manner.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
16.7%
1 Year rank in sector
-
Sector
FO Equity - Ethical
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.
0.92%
Fund size
£49m (£49m last year)
Top in this sector
Fund name1 Year
Impax Asian Envt Markets39.1%
Impax Environmental Leaders37.4%
JSS Sust Eq Gbl Emrg Mkts37.2%
Impax Environmental Markets36.5%
Sparinvest Ethical Gbl Val35.8%
...more in FO Equity - Ethical

Performance snapshot

Holdings snapshot

  • North America65%
    Eurozone12.7%
    Japan7.8%
    UK7.5%
    Europe5.5%
  • Information Technology19.1%
    Financials18.5%
    Consumer Discretionary17.3%
    Health Care13.4%
    Industrials11.1%
  • North American Equities65%
    Eurozone Equity 12.7%
    Japanese Equities7.8%
    UK Equities7.5%
    European Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.5%6.7%10.9%16.7%41.9%74.8%
Sector2.6%7.1%8.5%21.5%23.2%50.4%
Rank within sector19 / 8140 / 7921 / 78---
Quartile1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.5%----
Sector4.7%8%3.2%7.3%18.4%
Rank within sector45 / 81----
Quartile3rd
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.
4.38
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.
0.93
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.
0.63
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%.
12.28
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.
6.74
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.
0.54
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.
0.7
Price movement
52 week high1.84
52 week low1.6
Current bid price-
Current offer price-
Current mid price1.84
Region
1North America65%
2Eurozone12.7%
3Japan7.8%
4UK7.5%
5Europe5.5%
6Asia Pacific ex Japan1.5%
Industry sector
1Information Technology19.1%
2Financials18.5%
3Consumer Discretionary17.3%
4Health Care13.4%
5Industrials11.1%
6Consumer Staples8.5%
7Energy7.1%
8Materials2.2%
9Utilities1.6%
Asset type
1North American Equities65%
2Eurozone Equity 12.7%
3Japanese Equities7.8%
4UK Equities7.5%
5European Equities5.5%
6Asia Pacific ex Japan Equities1.5%
Individual holdings
1MICROSOFT CORP3.7%
2APPLE INC3.6%
3EXXON MOBIL CORP3%
4JPMORGAN CHASE & CO2.9%
5ALPHABET INC2.7%
6VISA INC2.5%
7ROCHE HLDG AG2.3%
8HOME DEPOT INC2.2%
9PEPSICO INC2.2%
Management
Fund manager group
No data available.
Fund manager company
Davy Asset Management
Fund type
OEIC
Fund objective
The investment objective of the Ethical Equity Fund is to achieve long-term capital growth by investing in a portfolio of global equities in an ethical and socially responsible manner.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Des Flood01/01/2014Des Flood is a Fund Manager in the Global Equity investment team. He has over 25 years' investment experience. Des is responsible for the Global Brands and is a member of the Asset Allocation Committee. Prior to joining Davy Asset Management in 2011, Des worked as a Senior Fund Manager at Bank of Ireland Asset Management with responsibility for European and Global portfolios. Previously, he worked for Hibernian Investment Managers as Head of Equities, as well as for National Mutual of Australia and Paribas Capital Markets. Des has a Masters of Arts degree in Economics from University College Dublin and is a member of the CFA Institute.
Brian Kennedy07/06/2015Brian Kennedy is an Associate Fund Manager in the Global Equity Investment team. He has over 6 years' investment experience. Brian works on our Ethical Equity strategies. Prior to joining Davy Asset Management in 2015, Brian was a member of the Global Equity team at Allianz Global Investors in London. Previously, he was on the graduate programme at Capital International. Brian holds a Bachelors of Arts in Psychology from University College Dublin and a Master of Science from the UCD Smurfit School of Business. Brian holds the Investment Management Certificate and is a CFA level III candidate.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Ireland, Jersey, Offshore
Davy Ethical Equity A Acc EUR
Initial charge-
Annual charge0.68%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price195.8861
CurrencyEUR
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0EF
Davy Ethical Equity A Inc EUR
Initial charge-
Annual charge0.68%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price182.6025
CurrencyEUR
Price updated24/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM0EG
Davy Ethical Equity B Acc
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 price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0EH
Davy Ethical Equity B Inc
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 price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM0EI
Davy Ethical Equity K Inc EUR
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price1.8366
CurrencyEUR
Price updated24/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDKR
Davy Ethical Equity O Acc GBP
Initial charge-
Annual charge0.68%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price132.8194
CurrencyGBP
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMR0G
Davy Ethical Equity U Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price1.3081
CurrencyGBP
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMX1L
Davy Ethical Equity V Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price1.294
CurrencyGBP
Price updated24/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMX1M
Data provided by

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