Fact sheet: FL Schroder European Opps Pn

Fund information
Fund name
FL Schroder European Opportunities Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Steve Cordellsince 14/06/2013
Underlying fund
Schroder Eurpn Opps
Fund objective
Schroders state that the fund aims to achieve long term capital growth . At least 80% of the fund will be invested in shares of large and medium-sized European companies, excluding the UK The fund has no bias to any particular industry. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
32.1%
1 Year rank in sector
264/361
Sector
PN Europe Excluding UK
Yield
-
Fund size
£26m (£23m 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.
119
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

  • Germany25.2%
    France20.4%
    Netherlands11.4%
    Switzerland11%
    Spain9.5%
  • Financials25.5%
    Industrials15.2%
    Consumer Goods10.2%
    Telecommunications8.6%
    Consumer Services7.9%
  • German Equities25.2%
    French Equities20.4%
    Dutch Equities11.4%
    Swiss Equities11%
    Spanish Equities9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.9%9.6%18%32.1%34.9%128.2%
Sector8.5%10.1%19.3%33.9%39.6%112.8%
Rank within sector123 / 367276 / 366286 / 364264 / 361253 / 33868 / 314
Quartile2nd4th4th3rd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund11.6%11.2%11%-33.8%
Sector12.5%15.8%9.4%-0.2%25.6%
Rank within sector260 / 364309 / 35398 / 347154 / 33540 / 324
Quartile3rd4th2nd2nd1st
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.
-2.04
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.
1.07
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.
0.39
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%.
12.63
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.
3.64
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.
-0.41
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.
0.92
Price movement
52 week high310.6
52 week low231.8
Current bid price-
Current offer price-
Current mid price310.6
Region
1Germany25.22%
2France20.4%
3Netherlands11.35%
4Switzerland10.99%
5Spain9.53%
6Italy6.07%
7Money Market5.29%
8Sweden4.34%
9Denmark2.97%
Industry sector
1Financials25.51%
2Industrials15.22%
3Consumer Goods10.22%
4Telecommunications8.63%
5Consumer Services7.86%
6Health Care7.51%
7Oil & Gas7.3%
8Basic Materials5.39%
9Money Market5.29%
Asset type
1German Equities25.22%
2French Equities20.4%
3Dutch Equities11.35%
4Swiss Equities10.99%
5Spanish Equities9.53%
6Italian Equities6.07%
7Money Market5.29%
8Swedish Equities4.34%
9Danish Equities2.97%
Individual holdings
1ALLIANZ SE4.23%
2TOTAL SA4.16%
3BAYER AG4.04%
4NOVARTIS AG3.48%
5AXA3.26%
6BEIERSDORF AG3.24%
7DEUTSCHE TELEKOM AG2.78%
8TELEFONICA SA2.64%
9SIEMENS AG2.5%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Schroders state that the fund aims to achieve long term capital growth . At least 80% of the fund will be invested in shares of large and medium-sized European companies, excluding the UK The fund has no bias to any particular industry. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Steve Cordell14/06/2013Steve Cordell, Fund Manager, Steve moved across to Schroders as part of the takeover of Cazenove Capital in July 2013. Originally joined Cazenove in 2002. He is the manager of Schroder European Opportunities Fund, Schroder ISF European Opportunities, Schroder ISF European Equity ex. UK, Schroder ISF European Equity Absolute Return and Schroder UK Absolute Target. Steve joined from HSBC Asset Management (Europe) Ltd where he was responsible for the multi award-winning AA-rated HGIF Pan European fund and several other retail and institutional Pan-European portfolios. Graduated from Trinity College, Oxford with a First Class (Hons) in Modern Languages. 20 years of investment experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Schroder European Opportunities Pn
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price310.6
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF511
FL Schroder European Opportunities Pn Inet
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price255.22
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOQ26
Data provided by

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