Fact sheet: European Wealth Global Opps

Fund information
Fund name
European Wealth Global Opportunities
Fund manager company
European Wealth Investments
Fund type
OEIC
Fund managers
  • Stephen Watsonsince 29/06/2011
  • Stephen Dowdssince 28/01/2002
  • Simon CZ Brownsince 30/04/2005
Fund objective
The objective of the fund is to achieve above average long-term capital growth by investing in a best ideas portfolio of global equities.There is also the flexibility to invest in a wide range of other asset classes, including cash.
Benchmark
  • FTSE World
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
10.2%
1 Year rank in sector
125/474
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.
4.42%
Fund size
£2m
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.
93
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq50.5%
Schroder ISF Gbl Rec42.1%
Dodge & Cox Gbl Stk38.8%
SKAGEN Focus36.1%
Dimensional Gbl Small Cos35%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America31.8%
    UK21.2%
    Asia Pacific ex Japan17.1%
    Japan15.1%
    Europe14.8%
  • No data available.
  • North American Equities31.8%
    UK Equities21.2%
    Asia Pacific ex Japan Equities17.1%
    Japanese Equities15.1%
    European Equities14.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%1.8%7.8%10.2%10.7%45%
Sector2.9%0.7%5.1%6.1%16.8%56%
Rank within sector333 / 500200 / 497153 / 487125 / 474255 / 384230 / 287
Quartile3rd2nd2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund9.4%-0.3%-0.8%22.4%11.8%
Sector6.8%0.7%6%21.3%12.7%
Rank within sector138 / 475270 / 427344 / 387180 / 338199 / 289
Quartile2nd3rd4th3rd3rd
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.
-0.61
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.
0.91
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
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%.
10.61
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.
6.23
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.
-0.19
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.
0.66
Price movement
52 week high1.47
52 week low1.16
Current bid price-
Current offer price-
Current mid price1.43
Region
1North America31.84%
2UK21.21%
3Asia Pacific ex Japan17.08%
4Japan15.05%
5Europe14.82%
Industry sector
No data available.
Asset type
1North American Equities31.84%
2UK Equities21.21%
3Asia Pacific ex Japan Equities17.08%
4Japanese Equities15.05%
5European Equities14.82%
Individual holdings
13I INFRASTRUCTURE PLC3.85%
2GARTMORE EUROPEAN INV TR-ORD3.71%
3ABERDEEN ASIAN INCOME ORD3.04%
4SCHRODER JAPAN GROWTH FUND2.83%
5TEMPLTN EMG M ORD GBP0.252.79%
6JP MORGAN EUROPEAN INCOME2.75%
7JP MORGAN JAPANESE INVESTMENT TRUST2.63%
8ASHTEAD GROUP ORD GBP0.102.49%
9NIKE INC2.25%
Management
Fund manager group
No data available.
Fund manager company
European Wealth Investments
Fund type
OEIC
Fund objective
The objective of the fund is to achieve above average long-term capital growth by investing in a best ideas portfolio of global equities.There is also the flexibility to invest in a wide range of other asset classes, including cash.
Benchmark
  • FTSE World
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Stephen Watson29/06/2011A Senior Portfolio Manager with over 22 years experience, Stephen was responsible for European accounts at Northern Trust, whilst co-lead with Stephen Dowds on the International Growth Fund. Prior to that he was a Director at Framlington in charge of building-out the firm’s European funds. His sector specialities include industrials, energy, materials and oil. Stephen has a BA (Hons) in Politics from Durham University
Stephen Dowds28/01/2002He was head of Northern Trust Global Investors’ active International Equity group. Prior to this he was Managing Director and Chief Investment Officer at Dryden Capital Management (a division of Prudential-Bache International). A graduate of the University of St Andrew’s with an MA in Economics with International Studies, Stephen is also an Associate (ASIP) of the CFA UK
Simon CZ Brown30/04/2005Simon joined Ashcourt in May 2005 having been an Investment Fund Manager for over 18 years. Simon began his City career with Deloitte Haskins & Sells and upon qualifying as a Chartered Accountant moved to Henderson's in 1984 where he was responsible for managing UK equities for Corporate Pension funds. In 1991 he joined the Shell Pension Fund in Bermuda where he was jointly responsible for asset allocation and managing equities in the UK, Japanese and Asian markets before returning to London in 1998, whereupon he managed the UK based European equity portfolio. Immediately prior to joining Ashcourt he managed a European equity long/short portfolio for a London based hedge fund. Simon is responsible for managing the Zenith EU Growth Fund and Zenith Global Opportunities Fund and was appointed to the role of Chief Investment Officer in May 2006.
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
European Wealth Global Opportunities
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)4.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.431
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZF39
European Wealth Global Opportunities B
Initial charge1%
Annual charge0.75%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.429
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTUT
European Wealth Global Opportunities C USD
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 price97.81
CurrencyUSD
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNDNP
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