Fact sheet: Henderson European Focus

Fund information
Fund name
Henderson European Focus I Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • Asim Rahmansince 30/04/2014
  • John Bennettsince 01/02/2010
Fund objective
The fund aims to provide long-term capital growth by investing in a portfolio of European (excluding the UK) company shares. The fund will be concentrated in terms of the number of companies it invests in.
Benchmark
  • FTSE Europe ex UK
Investment style
None
Investment method
Shares
Quick stats
1 Year return
10.1%
1 Year rank in sector
59/96
Sector
UT Europe Excluding UK
Yield
1.5%
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.
0.85%
Fund size
£472m (£489m 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.
102
Mid price
181.4
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap31.2%
Neptune European Opps21.9%
Liontrust European Growth20%
Aviva Inv Euro Equity MoM 219.1%
Baillie Gifford European17.6%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Others18.1%
    Switzerland16.9%
    Germany15.2%
    Sweden11.5%
    France9%
  • Financials27.8%
    Industrials17.1%
    Health Care15.2%
    Consumer Goods13.7%
    Basic Materials9.3%
  • International Equities25.8%
    Swiss Equities16.9%
    German Equities15.2%
    Swedish Equities11.5%
    French Equities9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%-0.7%7.8%10.1%30%93.7%
Sector-1.9%-1.4%6.9%10.5%22%73.6%
Rank within sector7 / 10130 / 10041 / 9959 / 9613 / 8710 / 79
Quartile1st2nd2nd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7.7%10.3%5%28.6%22.4%
Sector8.6%9.1%-0.7%27.3%19.2%
Rank within sector62 / 9837 / 914 / 8723 / 8118 / 79
Quartile3rd2nd1st2nd1st
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.
2.07
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.
0.99
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.
0.44
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%.
11.2
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.
3.31
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.
0.59
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.
0.91
Price movement
52 week high193.4
52 week low149.8
Current bid price-
Current offer price-
Current mid price181.4
Region
1Others18.05%
2Switzerland16.9%
3Germany15.2%
4Sweden11.5%
5France9%
6Netherlands8.1%
7Not Specified7.7%
8Portugal5.3%
9Denmark5.1%
Industry sector
1Financials27.85%
2Industrials17.06%
3Health Care15.22%
4Consumer Goods13.74%
5Basic Materials9.31%
6Oil & Gas6.83%
7Consumer Services4.72%
8Technology4.55%
9Telecommunications4.44%
Asset type
1International Equities25.75%
2Swiss Equities16.9%
3German Equities15.2%
4Swedish Equities11.5%
5French Equities9%
6Dutch Equities8.1%
7Portuguese Equities5.3%
8Danish Equities5.1%
9Spanish Equities4.9%
Individual holdings
1NOVARTIS AG6.5%
2ROCHE HLDG AG4.8%
3AUTOLIV INC4.4%
4GALP ENERGIA SGPS4.2%
5NESTLE SA3.9%
6SAP SE3.5%
7KBC GROUPE SA3.4%
8COM HEM HLDG AB3%
9NORDEA BANK AB2.9%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
The fund aims to provide long-term capital growth by investing in a portfolio of European (excluding the UK) company shares. The fund will be concentrated in terms of the number of companies it invests in.
Benchmark
  • FTSE Europe ex UK
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Asim Rahman30/04/2014Asim Rahman joined Henderson in 2011 as a Fund Manager. He previously worked with John Bennett at Gartmore and GAM where he was an Investment Analyst from 2003. Prior to joining GAM, Asim was a Financial Analyst in Goldman Sachs’ Investment Banking Division. Asim holds an MA in Economics from Cambridge University and is a CFA charterholder.
John Bennett01/02/2010John Bennett has a 28-year track record of managing European equities. He joined Henderson as a Director of European Equities in April 2011, as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds as well as European long/short funds. John joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager. During this time he managed their flagship European long only and European equity long/short hedge fund, which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson European Focus A Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price229.5
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGD76
Henderson European Focus I Acc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price181.4
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0Z9W
Data provided by

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