Fact sheet: Impax Environmental Leaders

Fund information
Fund name
Impax Environmental Leaders A Acc
Fund manager company
Impax
Fund type
OEIC
Fund managers
  • Hubert Aartssince 12/01/2016
  • Bruce Jenkyn-Jonessince 12/01/2016
Fund objective
The Impax Environmental Leaders (Ireland) Fund seeks to achieve sustainable, above market returns over the longer term by investing globally in companies active in the growing resource efficiency and environmental markets.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Equity - Ethical
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.
0.8%
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.
104
Top in this sector
Fund name1 Year
Alquity Latin America49.7%
Impax Environmental Markets41%
Impax Asian Envt Markets37.6%
Pictet GlbEnvrOpp35.9%
Alquity Asia32.7%
...more in FO Equity - Ethical

Performance snapshot

Holdings snapshot

  • North America56%
    Europe23%
    Japan14%
    Asia Pacific ex Japan4%
    Money Market3%
  • Water27.4%
    Services26.5%
    Energy23.5%
    Fishery, Agriculture & Forestry12.7%
    Others3.9%
  • North American Equities56%
    European Equities23%
    Japanese Equities14%
    Asia Pacific ex Japan Equities4%
    Money Market3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%15.1%21%---
Sector0.3%8.9%8.4%11%21%58.4%
Rank within sector4 / 762 / 745 / 71---
Quartile1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector4.6%3.2%7.3%18.4%10.5%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high1.38
52 week low0.97
Current bid price-
Current offer price-
Current mid price1.37
Region
1North America56%
2Europe23%
3Japan14%
4Asia Pacific ex Japan4%
5Money Market3%
Industry sector
1Water27.43%
2Services26.46%
3Energy23.52%
4Fishery, Agriculture & Forestry12.74%
5Others3.92%
6Money Market3%
7Alternative & Renewable Energy2.94%
Asset type
1North American Equities56%
2European Equities23%
3Japanese Equities14%
4Asia Pacific ex Japan Equities4%
5Money Market3%
Individual holdings
1SCHNEIDER ELECTRIC SE3.2%
2THERMO FISHER SCIENTIFIC INC3.2%
3DANAHER CORP3.1%
4DELPHI AUTOMOTIVE PLC3%
5SUEZ3%
6AGILENT TECHNOLOGIES INC2.9%
7WASTE MANAGEMENT INC2.9%
8EAST JAPAN RAILWAY CO2.8%
9MURATA MANUFACTURING CO2.8%
Management
Fund manager group
Impax
Fund manager company
Impax
Fund type
OEIC
Fund objective
The Impax Environmental Leaders (Ireland) Fund seeks to achieve sustainable, above market returns over the longer term by investing globally in companies active in the growing resource efficiency and environmental markets.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Hubert Aarts12/01/2016Mr. Hubert Aarts serves as Portfolio Manager of Pax World Funds Series Trust I - Pax World Global Environmental Markets Fund. Mr. Aarts serves as Portfolio Manager of PAX World Management Corporation. He serves as the Managing Director of Listed Equities at Impax Asset Management. Mr. Aarts leads macro-economic research process. Prior to this, Mr. Aarts was a Partner and Portfolio Manager at Cambrian Capital Partners LLP. Previously, he served as a Portfolio Manager at MeesPierson and Merrill Lynch Investment Managers, where he chaired the European sector strategy group. He started his career in the investment industry in 1990. He has vast experience in Pan-European equities. Mr. Aarts has a Master's degree in Economics and Business Administration from Maastricht University.
Bruce Jenkyn-Jones12/01/2016Bruce is a Managing Director and Co-Head of Listed Equities along with Hubert Aarts. Together they are responsible for the development of the investment process, research and team. Bruce has an active role in the day to day management of all Impax listed equity portfolios and serves as co-Portfolio Manager for our Specialists, Leaders, and Water strategies. Bruce joined Impax in 1999 where he worked initially on venture capital investments before developing the listed equity business. Before joining Impax, Bruce worked as a utilities analyst at Bankers Trust and as an environmental consultant for Environmental Resources Management (ERM). Bruce has an MBA from IESE (Barcelona), an MSc in Environmental Technology from Imperial College and a degree in Chemistry from Oxford.  
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Impax Environmental Leaders A Acc
Initial charge-
Annual charge0.8%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price1.369
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMXEM
Impax Environmental Leaders A Acc EUR
Initial charge-
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.003
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNEXG
Impax Environmental Leaders M
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 price1.323
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5IC
Data provided by

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