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
3.9%
1 Year rank in sector
6/8
Sector
IT Europe
Yield
2.5%
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.
0.82%
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.
128
Mid price
1050
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.
1143.1
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.
-10.11
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.
108
Top in this sector
Fund name1 Year
BlackRock Gtr Eur IT10.5%
JP Morgan European IT Gth6.6%
The European Inv Tr6.6%
Fidelity European Values PLC5.9%
Henderson Euro Trust3.9%
...more in IT Europe

Performance snapshot

Holdings snapshot

  • Switzerland15.7%
    Germany15.2%
    Sweden12.6%
    Others11.2%
    France11.1%
  • Health Care21%
    Consumer Goods20.2%
    Industrials19.2%
    Financials15.4%
    Consumer Services8.2%
  • Swiss Equities15.7%
    German Equities15.2%
    Swedish Equities12.6%
    International Equities11.2%
    French Equities11.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%2.2%6.1%3.9%28.8%135.4%
Sector-1.4%0.4%6.3%4.4%22.7%103.7%
Rank within sector4 / 84 / 85 / 86 / 83 / 81 / 8
Quartile2nd2nd3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-1.2%12.2%11.3%44.2%26.9%
Sector1%12.1%5.8%32.7%28.6%
Rank within sector7 / 86 / 81 / 81 / 83 / 8
Quartile4th3rd1st1st2nd
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.
1.48
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.
1.29
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.
0.29
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%.
16.29
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.
7.73
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.
0.33
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.
0.82
Price movement
52 week high1115
52 week low884.5
Current bid price1040
Current offer price1044
Current mid price1050
Region
1Switzerland15.7%
2Germany15.2%
3Sweden12.6%
4Others11.2%
5France11.1%
6Netherlands8.8%
7Belgium7.1%
8Italy5.1%
9Portugal4.5%
Industry sector
1Health Care20.99%
2Consumer Goods20.22%
3Industrials19.24%
4Financials15.43%
5Consumer Services8.21%
6Basic Materials8.15%
7Oil & Gas5.13%
8Telecommunications3.68%
9Technology1.87%
Asset type
1Swiss Equities15.7%
2German Equities15.2%
3Swedish Equities12.6%
4International Equities11.2%
5French Equities11.1%
6Dutch Equities8.8%
7Belgian Equities7.1%
8Italian Equities5.1%
9Portuguese Equities4.5%
Individual holdings
1NOVARTIS AG5.8%
2ROCHE HLDG AG4.5%
3AUTOLIV INC3.8%
4NESTLE SA3.7%
5GALP ENERGIA SGPS3.6%
6SAP SE3.3%
7KBC GROUPE SA3.2%
8COM HEM HLDG AB2.8%
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 price1040
Offer price1044
Mid price1050
CurrencyGBX
Price updated08/12/2016
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 price1144.7
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJHJ
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.