Fact sheet: Hndrsn Erpn Fcs Tst

Fund information
Fund name
Henderson European Focus Trust Ord 50P
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund managers
  • John Bennettsince 01/12/2010
Accolades
 Highly Commended - Europe
Fund objective
The Company seeks to maximise total return from a focused portfolio of mainly listed Continental European stocks.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
24.2%
1 Year rank in sector
2/8
Sector
IT Europe
Yield
2.3%
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.
0.82%
Fund size
£0m
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.
129
Mid price
1148.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
1235.3
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-7.03
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
107
Top in this sector
Fund name1 Year
The European Inv Tr28%
Hndrsn Erpn Fcs Tst24.2%
BlackRock Gtr Eur IT21.4%
Henderson Euro Trust21%
Fidelity European Values PLC20.8%
...more in IT Europe

Performance snapshot

Holdings snapshot

  • France17.1%
    Switzerland13%
    Germany12.2%
    Sweden12.1%
    Netherlands10.2%
  • Financials31.2%
    Industrials17.9%
    Health Care15%
    Consumer Goods14.6%
    Basic Materials9%
  • French Equities17.1%
    Swiss Equities13%
    German Equities12.2%
    Swedish Equities12.1%
    Dutch Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.2%6.7%16.8%24.2%34.8%148.3%
Sector6.7%5.2%16.4%19.3%27.6%117.7%
Rank within sector4 / 83 / 85 / 82 / 82 / 82 / 8
Quartile2nd2nd3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.7%4.1%12.2%11.3%44.2%
Sector4.4%5.9%12.1%5.8%32.7%
Rank within sector1 / 87 / 86 / 81 / 81 / 8
Quartile1st4th3rd1st1st
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.
-0.25
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.
1.25
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.
0.34
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%.
16.52
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.
7.49
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.
0.15
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.
0.83
Price movement
52 week high1134.5
52 week low884.5
Current bid price1145
Current offer price1152
Current mid price1148.5
Region
1France17.1%
2Switzerland13%
3Germany12.2%
4Sweden12.1%
5Netherlands10.2%
6Others9.8%
7Belgium7.5%
8Italy5.3%
9Denmark4.4%
Industry sector
1Financials31.23%
2Industrials17.95%
3Health Care15.03%
4Consumer Goods14.58%
5Basic Materials9.03%
6Oil & Gas7.14%
7Telecommunications4.2%
8Consumer Services3.55%
9Technology2.81%
Asset type
1French Equities17.1%
2Swiss Equities13%
3German Equities12.2%
4Swedish Equities12.1%
5Dutch Equities10.2%
6International Equities9.8%
7Belgian Equities7.5%
8Italian Equities5.3%
9Danish Equities4.4%
Individual holdings
1NOVARTIS AG4.4%
2AUTOLIV INC4.1%
3ROCHE HLDG AG3.9%
4GALP ENERGIA SGPS3.6%
5NESTLE SA3.5%
6KBC GROUPE SA3.3%
7TESSENDERLO CHEMIE2.8%
8COM HEM HLDG AB2.7%
9NORDEA BANK AB2.7%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund objective
The Company seeks to maximise total return from a focused portfolio of mainly listed Continental European stocks.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Bennett01/12/2010John 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
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson European Focus Trust NAV
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 price821.9466
CurrencyGBX
Price updated28/03/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWN81
Henderson European Focus Trust Ord 50P
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1.1%
Bid price1145
Offer price1152
Mid price1148.5
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNW58
Henderson European Focus Trust Ord 50p
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 price1234.8
CurrencyGBX
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJHJ
Data provided by

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