Fact sheet: F&C European Small Cap

Fund information
Fund name
F&C European Small Cap R Acc EUR
Fund manager company
F&C Lux (BMO Global Asset Mana
Fund type
Offshore Fund
Fund managers
  • Sam Coshsince 01/11/2010
Fund objective
To achieve long-term capital growth by investing in small and medium sized companies listed on various European States Stock Exchanges. At least 75% of assets will be invested in equity securities of companies incorporated in or with their registered office in Europe and at least two thirds of assets (50% of total assets) in smaller companies with a maximum capitalisation of €3bn or equivalent at the time of investment. If the market capitalisation of a company exceeds €3bn or equivalent, such a holding will be sold or counted within the remaining assets of the Fund.
Benchmark
  • Euromoney Smaller European Companies (incl. UK)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-15.8%
1 Year rank in sector
48/48
Sector
FO Equity - Small Cap Europe
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.
1.17%
Fund size
£430m (£562m 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.
88
Top in this sector
Fund name1 Year
Old Mutual Eur(ExUK)SmCo24.9%
SEB 2 Estn Eur Sm Cap23.2%
Argos Argonaut15.8%
Pictet Small Cap Europe11.8%
Montanaro Europ Inc11.5%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • UK21.8%
    Ireland15.4%
    Germany14.7%
    Others13.3%
    Italy10.3%
  • Industrials35.1%
    Consumer Goods19.8%
    Financials16.1%
    Consumer Services16%
    Money Market5.1%
  • UK Equities21.8%
    Irish Equities15.4%
    German Equities14.7%
    International Equities13.3%
    Italian Equities10.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%-5.1%-9.8%-15.8%18.4%102.5%
Sector-0.5%-2.8%-2%-4.9%25.1%92%
Rank within sector7 / 4837 / 4847 / 4848 / 4837 / 44-
Quartile1st4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-14.4%20.3%12.6%--
Sector-3.9%23.6%3.2%29.7%22.3%
Rank within sector48 / 4837 / 472 / 45--
Quartile4th4th1st
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.
-2.64
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.
1.11
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.
0.15
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%.
14.6
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.
5.08
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.
-0.39
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.
0.89
Price movement
52 week high14.27
52 week low11.28
Current bid price-
Current offer price-
Current mid price12.17
Region
1UK21.8%
2Ireland15.4%
3Germany14.7%
4Others13.3%
5Italy10.3%
6Norway5.9%
7Switzerland5.7%
8Money Market5.1%
9Netherlands3.9%
Industry sector
1Industrials35.1%
2Consumer Goods19.8%
3Financials16.1%
4Consumer Services16%
5Money Market5.1%
6Health Care3.1%
7Technology2.9%
8Basic Materials1.9%
Asset type
1UK Equities21.8%
2Irish Equities15.4%
3German Equities14.7%
4International Equities13.3%
5Italian Equities10.3%
6Norwegian Equities5.9%
7Swiss Equities5.7%
8Money Market5.1%
9Dutch Equities3.9%
Individual holdings
1ORIGIN ENTERPRISES PLC4.1%
2FORBO HLDGS AG3.5%
3IRISH CONTINENTAL GROUP3.2%
4CERVED INFORMATION SOLUTIONS SPA3.1%
5GERRESHEIMER GROUP3.1%
6AMER SPORTS CORP2.9%
7CTS EVENTIM AG & CO KGAA2.6%
8TYMAN PLC2.6%
9CTT CORREIOS DE PORTUGAL SA2.4%
Management
Fund manager group
F&C
Fund manager company
F&C Lux (BMO Global Asset Mana
Fund type
Offshore Fund
Fund objective
To achieve long-term capital growth by investing in small and medium sized companies listed on various European States Stock Exchanges. At least 75% of assets will be invested in equity securities of companies incorporated in or with their registered office in Europe and at least two thirds of assets (50% of total assets) in smaller companies with a maximum capitalisation of €3bn or equivalent at the time of investment. If the market capitalisation of a company exceeds €3bn or equivalent, such a holding will be sold or counted within the remaining assets of the Fund.
Benchmark
  • Euromoney Smaller European Companies (incl. UK)
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Sam Cosh01/11/2010Sam manages European smaller company assets. He is the lead manager of European Assets Trust, F&C European Small Cap and F&C European Small Cap ex UK. He began his career in 2000 as a European institutional analyst at Invesco before moving to Fortis Investments as a portfolio manager within their European smaller companies team. He joined the group in 2010 from BNP Investment Partners. Sam graduated with a BA (Hons) in Economics from Nottingham University in 1999. He is CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
F&C European Small Cap A Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price10.71
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJSA
F&C European Small Cap A Hedged Acc CHF
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1CS
F&C European Small Cap A Inc EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price24.19
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF052
F&C European Small Cap I Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price11.25
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGER
F&C European Small Cap I Inc EUR
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price13.52
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF7WD
F&C European Small Cap I Inc GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price13.33
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF8AD
F&C European Small Cap P Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.93
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1SX
F&C European Small Cap R Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price12.17
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK0JM
F&C European Small Cap R Hedged Acc CHF
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.76
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1CT
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