Fact sheet: F&C Rl Est Secs

Fund information
Fund name
F&C Real Estate Securities B Acc GBP
Fund manager company
F&C IRL (BMO Global Asset Mana
Fund type
OEIC
Fund managers
  • Alban Lhonneursince 01/04/2010
  • Marcus Phayre-Mudgesince 01/04/2010
Fund objective
The fund is a long-bias UCITS Pan-European real estate securities fund. The fund targets a total return greater than that produced by the FTSE/EPRA/NAREIT Developed Europe Capped Index (Net, GBP).
Benchmark
  • FTSE EPRA/NAREIT Europe
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
20.6%
1 Year rank in sector
-
Sector
FO Property - 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.
1.37%
Fund size
£106m (£84m 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.
94
Top in this sector
Fund name1 Year
Odin Eiendom26.7%
Parvest Rl Est Sec Eurp21.8%
Castle Trust GrtLonFouHo10Yr20.7%
Castle Trust GrtLoGrHo5Yr20.7%
F&C Rl Est Secs20.6%
...more in FO Property - Europe

Performance snapshot

Holdings snapshot

  • UK28.3%
    Germany21.6%
    France14.5%
    Sweden10.1%
    Spain5.3%
  • Retail - Property30.6%
    Residential - Property29.8%
    Offices - Property26.6%
    Industrial - Property6.9%
    Other - Property6.1%
  • Property Shares100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%9%11.8%20.6%74.2%144.8%
Sector-1%0.3%3.6%5.6%24%33.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund15.7%16.7%22.5%17.7%26.8%
Sector3.4%7.4%9.7%4%3.9%
Rank within sector-----
Quartile
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.
3.22
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.
2.14
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.
1.49
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%.
12.09
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.
9.12
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.
1.35
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.
0.58
Price movement
52 week high25.01
52 week low19.32
Current bid price-
Current offer price-
Current mid price24.33
Region
1UK28.25%
2Germany21.55%
3France14.47%
4Sweden10.1%
5Spain5.34%
6Switzerland4.66%
7Austria3.4%
8Italy2.33%
9Netherlands2.04%
Industry sector
1Retail - Property30.6%
2Residential - Property29.8%
3Offices - Property26.6%
4Industrial - Property6.9%
5Other - Property6.1%
Asset type
1Property Shares100%
Individual holdings
1UNIBAIL-RODAMCO9.3%
2KLEPIERRE6.9%
3VONOVIA SE6.9%
4LEG IMMOBILIEN AG5.3%
5LAND SECURITIES GROUP PLC5.1%
6BUWOG4.8%
7DEUTSCHE WOHNEN AG4.8%
8HAMMERSON PLC4.8%
9BRITISH LAND CO PLC4.1%
Management
Fund manager group
F&C
Fund manager company
F&C IRL (BMO Global Asset Mana
Fund type
OEIC
Fund objective
The fund is a long-bias UCITS Pan-European real estate securities fund. The fund targets a total return greater than that produced by the FTSE/EPRA/NAREIT Developed Europe Capped Index (Net, GBP).
Benchmark
  • FTSE EPRA/NAREIT Europe
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
Alban Lhonneur01/04/2010Alban joined Thames River (now part of BMO Global Asset Management) in July 2008 and is a fund manager in the Real Estate Securities team. He was previously at Citigroup Global Markets as an Equity Research analyst focusing on Continental European Real Estate. Prior to that he was at Société Générale Securities, where he focused on transport equity research. He completed a Bsc Business and Management program at ESC Toulouse including one year at the Brunel University, School of Business Management in London. He also attended CERAM Nice High Business School. In 2005 he obtained a Post-graduate Specialised Master in Finance in 2005 from ESCP-EAP.
Marcus Phayre-Mudge01/04/2010Marcus joined us in October 2004 and is a fund manager and head of our Real Estate Securities team. Prior to joining us, Marcus was a partner at Thames River Capital (now part of BMO Global Asset Management). He was at Henderson Global Investors from 1997 to 2004. He manages TR Property Investment Trust, the largest European closed-ended real estate equity Investment Trust as well as co-managing F&C Property Growth & Income Fund (which he launched in 2005) and the F&C Global Real Estate Securities Fund. Prior to joining Henderson, Marcus was an investment surveyor at Knight Frank (1990) and was made an Associate Partner in the fund management division (1995). He qualified as a Chartered Surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Malta, Netherlands, Norway, Offshore, Singapore, Sweden
F&C Real Estate Securities A Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price22.6
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIIQ8
F&C Real Estate Securities A Acc GBP
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price23.65
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIIQ7
F&C Real Estate Securities A Acc NOK
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price186.06
CurrencyNOK
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIIR0
F&C Real Estate Securities A Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GYV
F&C Real Estate Securities A Dis GBP
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price21.01
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIIQ6
F&C Real Estate Securities B Acc EUR
Initial charge5%
Annual charge1%
Min single investment£2,500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price23.29
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIIR3
F&C Real Estate Securities B Acc GBP
Initial charge5%
Annual charge1%
Min single investment£2,500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price24.33
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIIR2
F&C Real Estate Securities B Acc NOK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyNOK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIIR4
F&C Real Estate Securities C Dis GBP
Initial charge5%
Annual charge1%
Min single investment£2,500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price21.29
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIIR1
Data provided by

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