Fact sheet: LO Eur Hi Convc

Fund information
Fund name
LO Europe High Conviction I A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Cyril Marquairesince 17/10/2010
  • Peter Dionisiosince 01/02/2011
Fund objective
The fund invests in leading European companies that can deliver sustainable profits and growth. It seeks to outperform the MSCI Europe ND index over the long term. The research-intensive investment process is focused on stock selection and each investment must fit into one of the three investment buckets that we describe as corporate event opportunities, high quality and high growth companies.
Benchmark
  • MSCI Europe
Investment style
Active,Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
-7.9%
1 Year rank in sector
-
Sector
FO Equity - Europe inc UK
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.
0.98%
Fund size
£1,079m (£1,160m 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.
92
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European22.1%
GS Eur CORE Eq Portfolio18.5%
JOHCM European Sel Val14.8%
Mirabaud Eqts PanEur SmllMid13.5%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • France23%
    UK22.8%
    Switzerland11.7%
    Germany10.5%
    Sweden8.8%
  • Consumer Discretionary25.1%
    Information Technology19.1%
    Health Care13%
    Industrials12.7%
    Consumer Staples10.3%
  • French Equities23%
    UK Equities22.8%
    Swiss Equities11.7%
    German Equities10.5%
    Swedish Equities8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-7.1%-5.9%-7.9%28%78.9%
Sector2.5%-2.6%-1.3%-5.8%13.6%56.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-7.7%16.3%15.9%15.4%23%
Sector-5.2%11.1%4.2%21.1%17.6%
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.
5.23
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.
0.9
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.
0.41
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%.
12.05
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.
5.11
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.
0.94
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.
0.84
Price movement
52 week high12.93
52 week low11.08
Current bid price-
Current offer price-
Current mid price11.83
Region
1France23%
2UK22.8%
3Switzerland11.7%
4Germany10.5%
5Sweden8.8%
6Money Market6.8%
7Denmark6.4%
8Spain3.5%
9Netherlands3.4%
Industry sector
1Consumer Discretionary25.1%
2Information Technology19.1%
3Health Care13%
4Industrials12.7%
5Consumer Staples10.3%
6Money Market6.8%
7Telecommunications6.3%
8Materials3.4%
9Others3.3%
Asset type
1French Equities23%
2UK Equities22.8%
3Swiss Equities11.7%
4German Equities10.5%
5Swedish Equities8.8%
6Money Market6.8%
7Danish Equities6.4%
8Spanish Equities3.5%
9Dutch Equities3.4%
Individual holdings
1ILIAD SA3.7%
2SAP SE3.6%
3SCHINDLER HLDG AG3.6%
4AMADEUS IT GROUP SA3.5%
5ASM INTERNATIONAL NV3.5%
6CRODA INTL ORD GBP0.103.5%
7HENKEL AG & CO KGAA3.5%
8AIR LIQUIDE (PORT)3.4%
9FRESENIUS MEDICAL CARE AG & CO.KGAA3.4%
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The fund invests in leading European companies that can deliver sustainable profits and growth. It seeks to outperform the MSCI Europe ND index over the long term. The research-intensive investment process is focused on stock selection and each investment must fit into one of the three investment buckets that we describe as corporate event opportunities, high quality and high growth companies.
Benchmark
  • MSCI Europe
Investment style
Active,Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Cyril Marquaire17/10/2010Cyril Marquaire is a Portfolio Manager for the European High Conviction Fund within LOIM's Equities Group. He joined LOIM in October 2010. Prior to joining LOIM, Cyril was part of the Selectium investment team, specializing in healthcare, software, business services & telecom investment opportunities. Previously, he was an analyst on the highly regarded mid-cap team at Crédit Lyonnais Securities (ranked best small/mid-cap team by AGEFI in 2000 and 2001, and by Extel in 2003), focusing on media, internet and IT companies from 2000 to 2004. He began his career as a consultant on banking projects at Accenture in 1998. Cyril earned a master's degree in finance from EDHEC in 1998. He is a member of the Société Française des Analystes Financiers (SFAF) and holds the Certified International Investment Analyst (CIIA) designation.
Peter Dionisio01/02/2011Peter Dionisio is a Portfolio Manager for the European High Conviction Fund within LOIM's Equities Group. He joined LOIM in February 2011. Prior to joining LOIM, Peter was a generalist analyst for European stocks at Merian Capital. Previously, he was an executive director following European technology hardware companies as a sell-side analyst at Morgan Stanley in London from 2005 to 2008. Before that, he was a sell-side analyst at MF Global. He began his investment career as a sell-side analyst covering European communications equipment and internet companies at Merrill Lynch from 1999 to 2004. Peter earned an MBA from the Rotterdam School of Management, Erasmus University in 1999.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Italy, Republic Of Korea, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
LO Europe High Conviction (CHF) Syst. Hdg IA
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price9.8455
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRZX
LO Europe High Conviction (CHF) Syst. Hdg MA
Initial charge5%
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price9.8369
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRUN
LO Europe High Conviction (CHF) Syst. Hdg PA
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price9.7332
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRUO
LO Europe High Conviction (CHF) Syst. Hdg RD
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price9.5963
CurrencyCHF
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWIW
LO Europe High Conviction (CHF) Syst. Hdg SA
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 price9.8536
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1YL
LO Europe High Conviction (EUR) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price12.5333
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHEE
LO Europe High Conviction (GBP) Syst. Hdg MA
Initial charge5%
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price12.5609
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVBU
LO Europe High Conviction (USD) Syst. Hdg IA
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price12.2308
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVUF
LO Europe High Conviction (USD) Syst. Hdg SA
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.5693
CurrencyUSD
Price updated10/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTSV
LO Europe High Conviction I A
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price11.8274
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLX86
LO Europe High Conviction I D
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price11.5743
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF3VQ
LO Europe High Conviction I D GBP
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.6268
CurrencyGBP
Price updated24/02/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFCBU
LO Europe High Conviction M A EUR
Initial charge5%
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price11.1442
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5WR
LO Europe High Conviction M A USD
Initial charge5%
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price12.2751
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFG5L
LO Europe High Conviction M D
Initial charge5%
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price9.9916
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5WS
LO Europe High Conviction P A
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price10.9539
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLO59
LO Europe High Conviction P D
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price10.0136
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLO61
LO Europe High Conviction R A
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.77%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price10.5607
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLCS3
LO Europe High Conviction Systematic Hedged I D GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price12.4481
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFCFU
LO Europe High Conviction Systematic Hedged P A USD
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price12.0843
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFF0O
LO Europe High Conviction X1 (EUR) IA
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.4806
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5WO
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