Fact sheet: Henderson GartmorePanErpSc

Fund information
Fund name
Henderson Gartmore Pan European Smaller Companies I Acc EUR
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund managers
  • Ollie Beckettsince 25/04/2011
  • Rory Stokessince 01/08/2015
Fund objective
The Fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from European smaller companies equity markets, by investing at any given time at least two-thirds of its net assets in:- smaller companies having their registered office in Europe (including the United Kingdom), - smaller companies that do not have their registered office in Europe but either (i) carry out a predominant proportion of their business activity in Europe (including the United Kingdom), or (ii) are holding companies which predominantly own companies with registered offices in Europe (including the United Kingdom).The return will be a combination of capital and income returns.In this context the term “European smaller companies” means companies whose market capitalisation, at the time of purchase by the Investment Manager, does not exceed Euro 3.5 billion. This capitalisation figure may be adjusted from time to time, depending on market conditions.
Benchmark
  • Euromoney Europe Smaller Companies Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
6.8%
1 Year rank in sector
23/47
Sector
FO Equity - Small Cap Europe
Yield
-
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.
1.22%
Fund size
£125m (£118m 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.
92
Top in this sector
Fund name1 Year
Old Mutual Eur(ExUK)SmCo40.6%
SEB 2 Estn Eur Sm Cap35.6%
Montanaro Europ Inc30.3%
T. Rowe Price Eurpn SmCo Eq28.5%
Mandarine Uni Sm&MidCpsEur25.5%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • UK19.1%
    France13.4%
    Germany12.5%
    Italy11.1%
    Netherlands10.2%
  • Industrials31.5%
    Consumer Discretionary21.3%
    Financials20.5%
    Information Technology11.9%
    Health Care4.1%
  • UK Equities19.1%
    French Equities13.4%
    German Equities12.5%
    Italian Equities11.1%
    Dutch Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%3.3%5.2%6.8%41.3%136.6%
Sector1.8%3.3%5.6%7.6%37%113.5%
Rank within sector10 / 4721 / 4720 / 4723 / 47--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.8%24.3%5.1%34.3%23.6%
Sector-0.2%23.6%3.2%29.7%22.3%
Rank within sector18 / 4724 / 4721 / 45--
Quartile2nd3rd2nd
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.
0.18
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.
1.09
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.
0.68
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%.
14.08
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.
3.71
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.
0.27
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.
0.94
Price movement
52 week high6.89
52 week low5.64
Current bid price-
Current offer price-
Current mid price6.83
Region
1UK19.1%
2France13.4%
3Germany12.5%
4Italy11.1%
5Netherlands10.2%
6Switzerland8.2%
7Others7.3%
8Spain6.3%
9Sweden4.1%
Industry sector
1Industrials31.5%
2Consumer Discretionary21.3%
3Financials20.5%
4Information Technology11.9%
5Health Care4.1%
6Materials3.6%
7Energy3.1%
8Consumer Staples1.9%
9Telecommunications Utilities1.6%
Asset type
1UK Equities19.1%
2French Equities13.4%
3German Equities12.5%
4Italian Equities11.1%
5Dutch Equities10.2%
6Swiss Equities8.2%
7International Equities7.3%
8Spanish Equities6.3%
9Swedish Equities4.1%
Individual holdings
1OC OERLIKON CORP AG3.4%
2AAREAL BANK AG2.6%
3VAN LANSCHOT NV2.5%
4NEXANS2%
5BAM GROEP NV(KONINKLIJKE)1.9%
6CRITEO S.A1.9%
7ORIGIN ENTERPRISES PLC1.9%
8RHEINMETALL AG1.9%
9LIVANOVA PLC1.8%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from European smaller companies equity markets, by investing at any given time at least two-thirds of its net assets in:- smaller companies having their registered office in Europe (including the United Kingdom), - smaller companies that do not have their registered office in Europe but either (i) carry out a predominant proportion of their business activity in Europe (including the United Kingdom), or (ii) are holding companies which predominantly own companies with registered offices in Europe (including the United Kingdom).The return will be a combination of capital and income returns.In this context the term “European smaller companies” means companies whose market capitalisation, at the time of purchase by the Investment Manager, does not exceed Euro 3.5 billion. This capitalisation figure may be adjusted from time to time, depending on market conditions.
Benchmark
  • Euromoney Europe Smaller Companies Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Ollie Beckett25/04/2011Ollie 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 Stokes01/08/2015Rory 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
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Isle of Man, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Henderson Gartmore Pan European Smaller Companies B Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.26%
Total expense ratio (TER)2.31%
Bid price-
Offer price-
Mid price11.3926
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGD51
Henderson Gartmore Pan European Smaller Companies H Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price6.5573
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFG3Q
Henderson Gartmore Pan European Smaller Companies I Acc EUR
Initial charge-
Annual charge1%
Min single investment£25,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price6.827
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRVC
Henderson Gartmore Pan European Smaller Companies R Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price12.2425
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQ59
Henderson Gartmore Pan European Smaller Companies R Dis EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price11.7636
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGR48
Henderson Gartmore Pan European Smaller Companies R Hedged Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2888
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE42S
Data provided by

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