Fact sheet: Henderson HzPanEurpnSmCos

Fund information
Fund name
Henderson Horizon Pan European Smaller Companies I2 Acc EUR
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund managers
  • Rory Stokessince 31/07/2015
  • Ollie Beckettsince 01/01/2005
Fund objective
The investment objective of the Pan European Smaller Companies Fund is to seek long-term capital appreciation by investing at least 75% of its total assets in equity securities having their registered offices in the EEA which will generally fall within the bottom 25% of their relevant market by way of market capitalisation.
Benchmark
  • Euromoney Smaller Companies Pan European Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
1.6%
1 Year rank in sector
12/48
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%
Fund size
£471m (£547m 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
Top in this sector
Fund name1 Year
SEB 2 Estn Eur Sm Cap29.9%
Old Mutual Eur(ExUK)SmCo26.5%
Argos Argonaut15.8%
Montanaro Europ Inc13.4%
T. Rowe Price Eurpn SmCo Eq11.9%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • UK18.5%
    France13.9%
    Germany13%
    Netherlands8.7%
    Switzerland8.4%
  • Industrials23.2%
    Financials15.4%
    Business Services13.6%
    Retail12.4%
    Technology12.2%
  • UK Equities18.5%
    French Equities13.9%
    German Equities13%
    Dutch Equities8.7%
    Swiss Equities8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%0.1%1.7%1.6%33%119%
Sector1.5%-2.9%-1.5%-3.3%28.6%93.2%
Rank within sector6 / 487 / 4810 / 4812 / 4815 / 4411 / 37
Quartile1st1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.3%24%0.7%38.9%27.4%
Sector-3.1%23.6%3.2%29.7%22.3%
Rank within sector10 / 4825 / 4738 / 457 / 3914 / 37
Quartile1st3rd4th1st2nd
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.
0.29
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.
1.11
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%.
14.13
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.
3.61
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 high44.79
52 week low36.14
Current bid price-
Current offer price-
Current mid price44.41
Region
1UK18.49%
2France13.92%
3Germany13.03%
4Netherlands8.65%
5Switzerland8.41%
6Italy6.36%
7Sweden6.21%
8Spain4.32%
9Luxembourg3.16%
Industry sector
1Industrials23.2%
2Financials15.4%
3Business Services13.64%
4Retail12.35%
5Technology12.21%
6Consumer Goods11.48%
7Basic Materials10.71%
8Money Market1.01%
Asset type
1UK Equities18.49%
2French Equities13.92%
3German Equities13.03%
4Dutch Equities8.65%
5Swiss Equities8.41%
6Italian Equities6.36%
7Swedish Equities6.21%
8Spanish Equities4.32%
9Luxembourg Equities3.16%
Individual holdings
1VAN LANSCHOT NV2.27%
2OC OERLIKON CORP AG2.17%
3KONINKLIJKE BAM GROEP1.8%
4NEXANS1.6%
5LENZING AG1.56%
6VALMET CORP1.5%
7AAREAL BANK AG1.42%
8TARKETT1.39%
9ASM INTERNATIONAL NV1.32%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund objective
The investment objective of the Pan European Smaller Companies Fund is to seek long-term capital appreciation by investing at least 75% of its total assets in equity securities having their registered offices in the EEA which will generally fall within the bottom 25% of their relevant market by way of market capitalisation.
Benchmark
  • Euromoney Smaller Companies Pan European Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
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.
Ollie Beckett01/01/2005Ollie 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.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Isle of Man, Ireland, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Henderson Horizon Pan European Smaller Companies A2 Acc EUR
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price40.53
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHY04
Henderson Horizon Pan European Smaller Companies A2 Hedged Acc USD
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price30.39
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTTA
Henderson Horizon Pan European Smaller Companies H2 Acc EUR
Initial charge5%
Annual charge0.6%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.67
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBXV
Henderson Horizon Pan European Smaller Companies I1 Inc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price41.83
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeZ619
Henderson Horizon Pan European Smaller Companies I2 Acc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price44.41
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ620
Henderson Horizon Pan European Smaller Companies X2 Acc EUR
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.61%
Bid price-
Offer price-
Mid price38.39
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ618
Henderson Horizon Pan European Smaller Companies Z2 EUR
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price22.58
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IGE
Data provided by

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