Fact sheet: FL Henderson EurEP GthEP

Fund information
Fund name
FL Henderson European Growth EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Simon Rowesince 09/04/2009
Underlying fund
Henderson European Grth
Fund objective
Henderson state that the objective of the fund is to achieve growth over the long term. The policy, under normal circumstances, is to invest mainly in shares of European companies in any industry. The fund may also invest in shares of companies in other regions, bonds of any quality from any issuer, money market instruments and bank deposits. In choosing investments, the manager looks for stocks that appear to have greater potential to rise in price over the long term than is reflected in current market prices.
Benchmark
  • IA Europe (ex UK) Sector
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
33.4%
1 Year rank in sector
206/361
Sector
PN Europe Excluding UK
Yield
-
Fund size
£0m (£0m 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
Bid price
470.2
Offer price
470.2
Top in this sector
Fund name1 Year
Scot Eq Neptune Eur Opps Pn60.6%
Zurich Nept EuroOppsPn60.6%
RLP EurSpl(NeptuneEurpOpp)Pn59.4%
SIP Neptune Eurpn Opps Pn54.7%
L&G Neptune European Opps Pn54.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France21%
    Netherlands14.3%
    Switzerland13.7%
    Germany11.2%
    Denmark10.1%
  • Industrials12%
    Banks11.2%
    Chemicals10.2%
    Building & Construction9.1%
    Media6.5%
  • French Equities21%
    Dutch Equities14.3%
    Swiss Equities13.7%
    German Equities11.2%
    Danish Equities10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.3%11.2%21%33.4%52.4%129.7%
Sector8.5%10.1%19.3%33.9%39.6%112.8%
Rank within sector228 / 36771 / 36688 / 364206 / 36127 / 33864 / 314
Quartile3rd1st1st3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund15.3%17.3%11.4%4.1%24.9%
Sector12.5%15.8%9.4%-0.2%25.6%
Rank within sector27 / 364155 / 35391 / 34723 / 335185 / 324
Quartile1st2nd2nd1st3rd
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.
4.01
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.
0.97
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.
0.9
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%.
11.68
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.
4.01
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.
0.89
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.
0.88
Price movement
52 week high468.9
52 week low347.7
Current bid price470.2
Current offer price470.2
Current mid price-
Region
1France21.01%
2Netherlands14.31%
3Switzerland13.73%
4Germany11.24%
5Denmark10.11%
6Sweden10.1%
7Finland6.23%
8UK5.79%
9Italy1.8%
Industry sector
1Industrials11.99%
2Banks11.17%
3Chemicals10.22%
4Building & Construction9.09%
5Media6.47%
6Support Services6.32%
7Insurance5.84%
8Biotechnology/Medical5.53%
9Automotive4.65%
Asset type
1French Equities21.01%
2Dutch Equities14.31%
3Swiss Equities13.73%
4German Equities11.24%
5Danish Equities10.11%
6Swedish Equities10.1%
7Finnish Equities6.23%
8UK Equities5.79%
9Italian Equities1.8%
Individual holdings
1SAMPO CORP4.02%
2RELX NV3.77%
3ING GROEP N.V.3.31%
4NORDEA BANK AB3.21%
5DCC2.91%
6ELIOR GROUP2.91%
7CONTINENTAL AG2.86%
8WOLTERS-KLUWER NV2.69%
9SIKA AG2.64%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Henderson state that the objective of the fund is to achieve growth over the long term. The policy, under normal circumstances, is to invest mainly in shares of European companies in any industry. The fund may also invest in shares of companies in other regions, bonds of any quality from any issuer, money market instruments and bank deposits. In choosing investments, the manager looks for stocks that appear to have greater potential to rise in price over the long term than is reflected in current market prices.
Benchmark
  • IA Europe (ex UK) Sector
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Simon Rowe09/04/2009Simon Rowe is a fund manager in the Henderson European Equities team. He joined Henderson in 2009 from New Star Asset Management and has more than 20 years of investment experience. Simon began his career as a financial journalist joining the Investors Chronicle, part of the Financial Times Group, in 1986. In 1989 Simon moved to Germany as economics editor of a Munich-based radio station. He then worked as a German equity analyst at Kleinwort Benson and subsequently at Smith New Court. From 1993 until 2001 Simon worked as a freelance management consultant and private equity advisor. He joined New Star in 2001 as a European equities fund manager. Simon graduated from Cambridge University where he attained a BA in History.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Henderson European Growth EP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price470.2
Offer price470.2
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBRZ0
FL Henderson European Growth EP S3
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price466.5
Offer price466.5
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBRZ1
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.