Fact sheet: Kames European Equity

Fund information
Fund name
Kames European Equity B GBP
Fund manager company
Kames Capital
Fund type
OEIC
Fund managers
  • Stuart Frasersince 01/02/2008
  • Mark Pedensince 01/01/2015
Fund objective
The investment objective is to maximise total return (income plus capital).
Benchmark
  • IA Europe (ex UK) Sector
Investment style
None
Investment method
Shares
Quick stats
1 Year return
4%
1 Year rank in sector
90/96
Sector
UT Europe Excluding UK
Yield
1.6%
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.
1.15%
Fund size
£12m (£11m 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.
105
Mid price
297.12
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap32.6%
Liontrust European Growth20.2%
Neptune European Opps19.2%
Aviva Inv Euro Equity MoM 218.9%
FP CRUX Eurpn Spl Sits16.7%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany28.1%
    Switzerland14.4%
    France12%
    Ireland10.4%
    Netherlands10.2%
  • Consumer Goods18.7%
    Financials17.1%
    Health Care12.9%
    Industrials11.6%
    Technology9.5%
  • German Equities28.1%
    Swiss Equities14.4%
    French Equities12%
    Irish Equities10.4%
    Dutch Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6%-2.6%5.7%4%12.7%67.3%
Sector-6.5%-1.4%7.6%9.3%18.2%74.6%
Rank within sector27 / 10172 / 10070 / 9990 / 9680 / 8759 / 79
Quartile2nd3rd3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund3%11.9%-2.9%23.9%22.4%
Sector8%9.1%-0.7%27.3%19.2%
Rank within sector90 / 9824 / 9176 / 8763 / 8117 / 79
Quartile4th2nd4th4th1st
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.
-1.88
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.
1.04
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.
0.26
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%.
10.97
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.
2.58
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.
-0.62
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.
0.95
Price movement
52 week high325.27
52 week low255.89
Current bid price-
Current offer price-
Current mid price297.12
Region
1Germany28.1%
2Switzerland14.4%
3France12%
4Ireland10.4%
5Netherlands10.2%
6Others8%
7Belgium4.3%
8Finland4.1%
9Norway4%
Industry sector
1Consumer Goods18.7%
2Financials17.1%
3Health Care12.9%
4Industrials11.6%
5Technology9.5%
6Consumer Services9.4%
7Basic Materials8.9%
8Oil & Gas5.2%
9Telecommunications3.6%
Asset type
1German Equities28.1%
2Swiss Equities14.4%
3French Equities12%
4Irish Equities10.4%
5Dutch Equities10.2%
6International Equities8%
7Belgian Equities4.3%
8Finnish Equities4.1%
9Norwegian Equities4%
Individual holdings
1ING GROEP N.V.5.05%
2ALLIANZ SE4.62%
3HENKEL AG & CO KGAA NON.V PRF NPV4.53%
4RYANAIR HLDGS4.41%
5NEWBELCO SA4.29%
6ROCHE HLDG AG4.07%
7NORSK HYDRO ASA4.04%
8NOVARTIS AG4%
9ASML HOLDING NV3.76%
Management
Fund manager group
Kames Capital
Fund manager company
Kames Capital
Fund type
OEIC
Fund objective
The investment objective is to maximise total return (income plus capital).
Benchmark
  • IA Europe (ex UK) Sector
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Stuart Fraser01/02/2008Stuart is Head of European Equities and is responsible for managing the European equity team. He joined us in 2008 from Standard Life Investments where he was Investment Director of European Equities. Stuart studied Forensic Medicine at Glasgow University and is an associate member of the CFA UK.
Mark Peden01/01/2015Mark joined Kames Capital in 1992 as an analyst within the European Equity team. In 1994 he became the portfolio manager for the European Tactical Fund, which he ran until the end of 2003, and in 1998 was appointed Head of European Equities. In 2002, Mark was appointed Head of Retail Equity Funds, and in 2004 took on the role of Head of Mainstream International Equities with fund management responsibility for the European life and pensions portfolios. He graduated from the University of York and the University of California (Santa Barbara) with a BSc honours degree in Economics with Politics. He is a qualified Chartered Financial Analyst (CFA) and an Associate member of the UK Society of Investment Professionals (ASIP).
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Kames European Equity A GBP
Initial charge2.5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price266.28
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSN05
Kames European Equity B GBP
Initial charge-
Annual charge0.75%
Min single investment£2,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price297.12
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSN45
Kames European Equity D Acc GBP
Initial charge2.5%
Annual charge1%
Min single investment£250,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.62
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI01L
Kames European Equity E EUR
Initial charge5.5%
Annual charge1.5%
Min single investment£750
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price1.25
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSN65
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.