Fact sheet: HL Multi-Manager European

Fund information
Fund name
HL Multi-Manager European A Acc
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund managers
  • Roger Clarksince 26/02/2015
  • Lee Gardhousesince 26/02/2015
Fund objective
The investment objective of the Fund is to provide long term capital growth.
Benchmark
  • FTSE Europe ex UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
11.4%
1 Year rank in sector
32/96
Sector
UT Europe Excluding UK
Yield
0.4%
Fund size
£119m (£120m 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.
101
Bid price
115.09
Offer price
118.64
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap32.6%
Liontrust European Growth20.2%
Neptune European Opps19.2%
Aviva Inv Euro Equity MoM 218.9%
FP CRUX Eurpn Spl Sits16.7%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%-2.2%8.5%11.4%--
Sector-6.5%-1.4%7.6%9.3%18.2%74.6%
Rank within sector9 / 10166 / 10039 / 9932 / 96--
Quartile1st3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.5%----
Sector8%9.1%-0.7%27.3%19.2%
Rank within sector50 / 98----
Quartile3rd
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.
-
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.
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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.
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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%.
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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.
-
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.
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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.
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Price movement
52 week high123.91
52 week low94.85
Current bid price115.09
Current offer price118.64
Current mid price-
Region
1Europe99.92%
2Money Market0.08%
Industry sector
No data available.
Asset type
1International Equities99.92%
2Money Market0.08%
Individual holdings
1FP CRUX EUROPEAN SPECIAL SITUATIONS 21.31%
2THREADNEEDLE EUROPEAN SELECT18.93%
3JUPITER EUROPEAN FUND16.95%
4SANDITON EUROPEAN F ACC15.05%
5BARING EUROPE SELECT GBP14.86%
6BLACKROCK EUROPEAN DYNAMIC A ACC7.97%
7HENDERSON EUROPEAN FOCUS A ACC4.88%
Management
Fund manager group
Hargreaves Lansdown
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund objective
The investment objective of the Fund is to provide long term capital growth.
Benchmark
  • FTSE Europe ex UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Roger Clark26/02/2015Roger holds a BA Hons in Management and Statistics from the University of Exeter. Roger joined Hargreaves Lansdown in January 2004 and became a member of the investment team in January 2006. As well as carrying out quantitative analysis, Roger has been the co-manager of the HL Multi-Manager Special Situations Trust since June 2007. He has specialist responsibility for analysis of the European and emerging markets sectors as well as all boutique funds. Roger passed the Investment Management Certificate exam. He is a CAIA charterholder.
Lee Gardhouse26/02/2015Lee is the manager of the HL Multi-Manager Balanced Managed Trust, the HL Multi-Manager Cautious Managed Trust, the HL Multi-Manager Special Situations Trust, the HL Multi-Manager Income & Growth Portfolio Trust and the HL Multi-Manager Strategic Bond Trust. He holds a BA Hons degree in Economics from Liverpool John Moores University. Lee has been part of the investment team at Hargreaves Lansdown since 1995, specialising in the Investment Trust and Multi-manager arenas. He passed the Associate of the Society of Investment Professionals exam.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
HL Multi-Manager European A Acc
Initial charge3%
Annual charge0.75%
Min single investment£100
Min regular saving£25
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price115.09
Offer price118.64
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKX2B
HL Multi-Manager European A Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKX2A
HL Multi-Manager European M Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKX2D
HL Multi-Manager European M Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKX2C
Data provided by

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