Fact sheet: European Real Est Inv Tst Ltd

Fund information
Fund name
European Real Estate Investment Trust Limited
Fund manager company
Schroder Real Estate Investmen
Fund type
Investment Trust
Fund manager
  • Matrix Property Fund Management (G) Ltdsince 03/06/2007
Fund objective
To provide attractive total returns from investment in European real estate with a strong income component. It also provide a diversified exposure to European real estate with a focus on the property markets of the major stable western European economies.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Physical
Quick stats
1 Year return
37.1%
1 Year rank in sector
3/7
Sector
IT Property - Direct Europe
Yield
-
Fund size
£13m
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.
203
Mid price
164.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
225
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-26.89
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
PhnxSpre Deutchlnd LtdSh NPV59.7%
Taliesin Property Ltd52.6%
European Real Est Inv Tst Ltd37.1%
AXA Property Tst Ltd Ord NPV28.8%
Globalworth RealEstate Inv Ltd8.2%
...more in IT Property - Direct Europe

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%-1.5%29.4%37.1%87%39.8%
Sector-2.9%5.8%15.5%22.2%1.6%-19.2%
Rank within sector5 / 86 / 82 / 83 / 72 / 53 / 4
Quartile3rd3rd1st2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund14.5%54.5%-7.5%28.9%-29.7%
Sector19%2.7%-10.5%-14.9%-11.1%
Rank within sector4 / 81 / 64 / 52 / 44 / 4
Quartile2nd1st4th2nd4th
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.
29.26
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.
1.88
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.
0.46
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%.
41.95
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.
35.71
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.
0.63
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.
0.27
Price movement
52 week high202.75
52 week low119.95
Current bid price161
Current offer price168
Current mid price164.5
Region
1France38%
2Spain38%
3Germany24%
Industry sector
1Property100%
Asset type
1Property100%
Individual holdings
No data available.
Management
Fund manager group
European Real Estate InvTst
Fund manager company
Schroder Real Estate Investmen
Fund type
Investment Trust
Fund objective
To provide attractive total returns from investment in European real estate with a strong income component. It also provide a diversified exposure to European real estate with a focus on the property markets of the major stable western European economies.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Physical
Fund manager
NameSinceBiography
Matrix Property Fund Management (G) Ltd03/06/2007
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
European Real Estate Investment Trust Limited
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 price225
CurrencyGBX
Price updated15/07/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNM1J
Data provided by

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