Fact sheet: EdenTree Amity European

Fund information
Fund name
EdenTree Amity European B
Fund manager company
EdenTree Investment Management
Fund type
OEIC
Fund managers
  • David Osfieldsince 31/08/2016
  • Chris Hiornssince 30/03/2007
Fund objective
To achieve long-term capital growth with a reasonable level of income primarily through a diversified portfolio of European companies. The Amity European Fund seeks to invest in a portfolio of companies which make a positive contribution to society and the environment through sustainable and socially responsible practices.
Benchmark
  • FTSE World Europe EX UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17.9%
1 Year rank in sector
12/97
Sector
UT Europe Excluding UK
Yield
2%
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.
0.83%
Fund size
£69m (£64m 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.
103
Mid price
232.8
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap32%
Neptune European Opps28.3%
Invesco Perp European Equity21.7%
Schroder Eurpn Alpha Plus21.7%
Liontrust European Growth21.1%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France32.5%
    Germany31.7%
    Netherlands12.2%
    Italy5.7%
    Switzerland5.4%
  • Industrials24.9%
    Financials19%
    Health Care11.9%
    Consumer Services9.9%
    Consumer Goods7.8%
  • International Equities98.8%
    Money Market1.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%2.3%11.5%17.9%26.3%82.3%
Sector-0.9%0.2%9.5%12.9%25.3%80.3%
Rank within sector21 / 10118 / 10024 / 9912 / 9740 / 8733 / 79
Quartile1st1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund15.9%8%-2.2%32.5%14.3%
Sector11.5%9.1%-0.7%27.3%19.2%
Rank within sector15 / 9861 / 9169 / 879 / 8174 / 79
Quartile1st3rd4th1st4th
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.
-0
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.
1.01
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.
0.25
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%.
11.29
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.
2.85
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.
0.01
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.
0.93
Price movement
52 week high239.6
52 week low180.9
Current bid price-
Current offer price-
Current mid price232.8
Region
1France32.47%
2Germany31.71%
3Netherlands12.21%
4Italy5.66%
5Switzerland5.44%
6Spain3.86%
7Others3.31%
8Ireland2.66%
9Norway1.43%
Industry sector
1Industrials24.93%
2Financials18.99%
3Health Care11.93%
4Consumer Services9.95%
5Consumer Goods7.82%
6Telecommunications7.56%
7Basic Materials6.82%
8Others5.45%
9Utilities5.32%
Asset type
1International Equities98.75%
2Money Market1.25%
Individual holdings
1MICHELIN(CIE GLE DES ETABL.)3.19%
2MERCK KGAA2.84%
3SMURFIT KAPPA GROUP PLC2.66%
4SANOFI2.52%
5NOVARTIS AG2.3%
6BAYER AG2.29%
7WOLTERS-KLUWER NV2.23%
8ELMOS SEMICONDUCTOR AG2.18%
9ORANGE SA2.18%
Management
Fund manager group
Ecclesiastical
Fund manager company
EdenTree Investment Management
Fund type
OEIC
Fund objective
To achieve long-term capital growth with a reasonable level of income primarily through a diversified portfolio of European companies. The Amity European Fund seeks to invest in a portfolio of companies which make a positive contribution to society and the environment through sustainable and socially responsible practices.
Benchmark
  • FTSE World Europe EX UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
David Osfield31/08/2016David joined EdenTree in July 2016 as joint Fund Manager on the Amity International Fund after beginning his career at Alliance Trust in 2002. During his time there David largely focused on Asian equities, although has also covered pan-European and Global equities. David has a 1st class BA (Hons) in Business Finance from Durham University and is a CFA Charterholder.
Chris Hiorns30/03/2007Chris graduated in 1995, with an MSc in Economics from University College London. He joined EdenTree in 1996 as a Research Assistant and took over the management of the Amity European Fund in 2007. He is also co-manager of the Amity Sterling Bond Fund Chris has been a CFA Charterholder since 2004.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
EdenTree Amity European A
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price229.6
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR62
EdenTree Amity European B
Initial charge2%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price232.8
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFR37
Data provided by

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