Fact sheet: F&C European Growth & Income

Fund information
Fund name
F&C European Growth & Income 2 Acc
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund managers
  • David Mosssince 17/05/2015
Fund objective
To provide medium to long term capital growth and a high level of income through investment primarily in European equities. The fund will invest primarily in the main European markets with an emphasis on continental European markets. Investment in smaller markets may be included. Although a large proportion will be held in leading stocks there will often be included investment in smaller companies.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
13%
1 Year rank in sector
55/97
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
£305m (£305m 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.
105
Mid price
197.6
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

  • Germany21.2%
    Switzerland18.5%
    France15.9%
    Others11.3%
    Netherlands11.2%
  • Financials25.9%
    Consumer Goods23.6%
    Industrials15.7%
    Consumer Services12.8%
    Health Care10.6%
  • German Equities21.2%
    Swiss Equities18.5%
    French Equities15.9%
    International Equities11.3%
    Dutch Equities11.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.3%10.1%13%27.7%101.5%
Sector-0.9%0.2%9.5%12.9%25.3%80.3%
Rank within sector18 / 10127 / 10046 / 9955 / 9731 / 879 / 79
Quartile1st2nd2nd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund11.4%10.3%0.1%30.1%27.3%
Sector11.5%9.1%-0.7%27.3%19.2%
Rank within sector56 / 9835 / 9142 / 8714 / 816 / 79
Quartile3rd2nd2nd1st1st
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.
0.67
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.
1.03
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.
0.32
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%.
11.43
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.
2.66
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.
0.3
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.
0.95
Price movement
52 week high204
52 week low156.6
Current bid price-
Current offer price-
Current mid price197.6
Region
1Germany21.2%
2Switzerland18.5%
3France15.9%
4Others11.3%
5Netherlands11.2%
6Ireland10.5%
7Sweden6.3%
8Norway2.9%
9Italy2.4%
Industry sector
1Financials25.9%
2Consumer Goods23.6%
3Industrials15.7%
4Consumer Services12.8%
5Health Care10.6%
6Basic Materials7.3%
7Technology4.3%
8Money Market-0.2%
Asset type
1German Equities21.2%
2Swiss Equities18.5%
3French Equities15.9%
4International Equities11.3%
5Dutch Equities11.2%
6Irish Equities10.5%
7Swedish Equities6.3%
8Norwegian Equities2.9%
9Italian Equities2.4%
Individual holdings
1NOVARTIS AG5.4%
2ROCHE HLDG AG5.2%
3SAP SE4.3%
4ALLIANZ SE3.9%
5ING GROEP N.V.3.5%
6UBS AG3.3%
7AIR LIQUIDE INTERNATIONAL SA3.2%
8AXA3.2%
9SWATCH GROUP3.1%
Management
Fund manager group
F&C
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund objective
To provide medium to long term capital growth and a high level of income through investment primarily in European equities. The fund will invest primarily in the main European markets with an emphasis on continental European markets. Investment in smaller markets may be included. Although a large proportion will be held in leading stocks there will often be included investment in smaller companies.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
David Moss17/05/2015David Moss is a fund manager and Head of the European Equities team. From 1998-1999, he focused on UK Equity and prior to that he worked as a Fixed Interest Analyst focusing on the UK Gilt and Non-Gilt Markets. He joined the Group in 1996. David began his career in 1987 at Barclays Bank, where he worked as an Analyst on the Corporate Lending Team, working primarily with recovery situations for small to medium-sized enterprises. David graduated from the University of Loughborough in 1996 with a BSc Economics. He has obtained his ACIB and IIMR qualifications and is a member of the CFA Society of the UK.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Chile, United Kingdom
F&C European Growth & Income 1 Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price840.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRH06
F&C European Growth & Income 1 Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.6
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDEZ8
F&C European Growth & Income 2 Acc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price197.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ5T4
F&C European Growth & Income 2 Inc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price165.9
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ5T5
F&C European Growth & Income 3 Acc
Initial charge-
Annual charge0.4%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1041
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLU01
F&C European Growth & Income 3 Inc
Initial charge-
Annual charge-
Min single investment£50,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK7VB
F&C European Growth & Income 4 Inc
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price861.3
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK7VA
Data provided by

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