Fact sheet: Henderson European Sm Cos

Fund information
Fund name
Henderson European Smaller Companies I Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • Ollie Beckettsince 31/07/2015
  • Rory Stokessince 31/07/2015
Fund objective
To aim to provide capital growth by investing primarily in European smaller companies, excluding the United Kingdom.
Benchmark
  • Euromoney Smaller Companies (ex UK) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24.7%
1 Year rank in sector
1/12
Sector
UT European Smaller Companies
Yield
1.3%
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.
0.87%
Fund size
£79m (£68m 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.
107
Mid price
1851
Top in this sector
Fund name1 Year
Henderson European Sm Cos24.7%
Baring Europe Select20.2%
M&G European Smaller Cos18.4%
Schroder European Smaller Cos16.4%
Stan Life Inv ErexUKSlCo16.2%
...more in UT European Smaller Companies

Performance snapshot

Holdings snapshot

  • Germany15.3%
    Italy14.4%
    Others11.9%
    Switzerland11.1%
    France11%
  • Industrials30.1%
    Consumer Services18.9%
    Financials15.1%
    Technology10.9%
    Consumer Goods10.8%
  • German Equities15.3%
    Italian Equities14.4%
    International Equities11.9%
    Swiss Equities11.1%
    French Equities11%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%4.6%15%24.7%47.3%123.9%
Sector-1.8%-1.1%8.6%14.7%37.5%111%
Rank within sector6 / 121 / 121 / 121 / 123 / 115 / 11
Quartile2nd1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund21.2%21.9%-3.2%36.2%18.2%
Sector12%20.2%-1.7%32.4%22.5%
Rank within sector1 / 126 / 118 / 115 / 119 / 11
Quartile1st3rd3rd2nd4th
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.
2.23
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.
1.12
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.
0.71
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%.
13
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.
4.94
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.
0.63
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.
0.86
Price movement
52 week high1940
52 week low1350
Current bid price-
Current offer price-
Current mid price1851
Region
1Germany15.3%
2Italy14.4%
3Others11.9%
4Switzerland11.1%
5France11%
6Netherlands9.2%
7Sweden7.9%
8Belgium6%
9Ireland4.8%
Industry sector
1Industrials30.1%
2Consumer Services18.9%
3Financials15.1%
4Technology10.9%
5Consumer Goods10.8%
6Basic Materials6.2%
7Oil & Gas4.7%
8Health Care2%
9Telecommunications1%
Asset type
1German Equities15.3%
2Italian Equities14.4%
3International Equities11.9%
4Swiss Equities11.1%
5French Equities11%
6Dutch Equities9.2%
7Swedish Equities7.9%
8Belgian Equities6%
9Irish Equities4.8%
Individual holdings
1VAN LANSCHOT NV2.2%
2AAREAL BANK AG2%
3INTERROLL HLDG AG2%
4LENZING AG2%
5VERKKOKAUPPA.COM2%
6OC OERLIKON CORP AG1.9%
7COMET HOLDINGS1.6%
8EVS BROADCAST EQUIPMENT1.6%
9NOBINA AB1.6%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
To aim to provide capital growth by investing primarily in European smaller companies, excluding the United Kingdom.
Benchmark
  • Euromoney Smaller Companies (ex UK) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ollie Beckett31/07/2015Ollie Beckett is an Associate Director in the Pan European Smaller Companies team and is the Fund Manager for Henderson Horizon Pan European Smaller Companies Fund. Ollie first joined Henderson Global Investors after the merger of AMP Asset Management in 1998 as an Assistant Portfolio Manager for European Equities before becoming Fund Manager in 1999. In 2000, he became Fund Manager of the Global Technology Equities before joining Anglo-Suisse Capital for one year. Ollie returned to Henderson Global Investors in his current role in 2005. He also manages the TR European Growth Trust plc. Ollie holds a BA (Hons) degree in Economics and Government from the University of Manchester and is a member of the Institute of Investment Managers and Research.
Rory Stokes31/07/2015Rory then went on to work in several roles at Credit Suisse, before joining Liberum Capital to work in Small and Mid-Cap Equity Sales. Rory graduated from Oxford University with a 2:1 in Philosophy, Politics and Economics. He is a CFA charterholder and is also FCA registered.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson European Smaller Companies A Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price1672
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHE48
Henderson European Smaller Companies I Acc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price1851
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTU07
Data provided by

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