Fact sheet: MainFirst Germany

Fund information
Fund name
MainFirst Germany A
Fund manager company
Main First
Fund type
Offshore Fund
Fund managers
  • Olgerd Eichlersince 01/08/2013
  • Alexander Dominicussince 01/08/2013
  • Evy Belletsince 01/08/2013
Fund objective
The Sub-fund seeks to achieve long-term capital growth in line with a reasonable risk diversification by investing the Sub-fund's assets primarily in shares and other equity-related securities with the focus on Germany, where at least two thirds of the Sub-fund's Assets are invested. Depending on the actual situation, the investment focus may be on large-cap companies or also on small and mid caps. The investment focus is such that at least 75% of the Sub-fund's assets (excluding cash and cash equivalents) is invested in shares and other equity-related securities of companies that are based in a member state of the European Union, conduct most of their business in a member state of the European Union or are holding companies whose associated companies predominantly have their registered offices in a member state of the European Union.
Benchmark
  • FSE HDAX TR EUR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
22.8%
1 Year rank in sector
28/93
Sector
FO Equity - Europe Single Country
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.
1.94%
Fund size
£210m (£154m 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.
119
Top in this sector
Fund name1 Year
Boost LevDAX 3x Daily ETP59.5%
Pictet Russian Equities58.8%
Baring Russia54.7%
SEB 2 Russia48.4%
HSBC GIF Russia Equity46%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Europe100%
  • Information Technology30%
    Industrials29.9%
    Consumer Discretionary18.4%
    Financials15.4%
    Consumer Staples2.9%
  • Europe ex UK Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6%8.8%17%22.8%75.6%164%
Sector4.5%7%13.3%18.8%33.8%65.1%
Rank within sector26 / 9234 / 9326 / 9328 / 933 / 834 / 78
Quartile2nd2nd2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund17.2%-1.6%37.3%21.1%27.5%
Sector9.1%9.6%9.2%1.7%17.5%
Rank within sector8 / 9369 / 933 / 899 / 8228 / 80
Quartile1st3rd1st1st2nd
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.
9.5
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.
1.1
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.
0.99
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
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.
9.5
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.
1.03
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.
0.65
Price movement
52 week high199.41
52 week low154.01
Current bid price-
Current offer price-
Current mid price201.01
Region
1Europe100%
Industry sector
1Information Technology30%
2Industrials29.9%
3Consumer Discretionary18.4%
4Financials15.4%
5Consumer Staples2.9%
6Basic Materials1.8%
7Health Care1.2%
8Others0.4%
Asset type
1Europe ex UK Equities100%
Individual holdings
1SIXT SE9.31%
2CENIT AG7.91%
3MPC MUENCHMEYER PETERSEN CAPITAL6.58%
4ALL FOR ONE STEEB AG6.56%
5ATOSS SOFTWARE AG5.72%
6USU SOFTWARE AG4.76%
7LEIFHEIT AG4.74%
8HELLA KGAA HUECK & CO4.55%
9BERTRANDT AG4.44%
Management
Fund manager group
Main First
Fund manager company
Main First
Fund type
Offshore Fund
Fund objective
The Sub-fund seeks to achieve long-term capital growth in line with a reasonable risk diversification by investing the Sub-fund's assets primarily in shares and other equity-related securities with the focus on Germany, where at least two thirds of the Sub-fund's Assets are invested. Depending on the actual situation, the investment focus may be on large-cap companies or also on small and mid caps. The investment focus is such that at least 75% of the Sub-fund's assets (excluding cash and cash equivalents) is invested in shares and other equity-related securities of companies that are based in a member state of the European Union, conduct most of their business in a member state of the European Union or are holding companies whose associated companies predominantly have their registered offices in a member state of the European Union.
Benchmark
  • FSE HDAX TR EUR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Olgerd Eichler01/08/2013Olgerd Eichler joined MainFirst Asset Management in July 2007. Together with Anko Beldsnijder, he co-heads the Asset Management division. He spent the previous seven years successfully managing various global funds at Union, the investment manager for co-operative banks in Germany. He ultimately had been under management and was Fund Manager of the Year 2007. The Uni Value Global and Uni Nordamerika Funds were ranked top-decile over one, three and five years. The North American equity fund was ranked first in Germany in 2006 for its three year performance. In his worst year, Olgerd still had less than 1% underperformance in just one of his funds. Previous experience includes working as investment advisor for wealthy clients at Citibank and as financial controller with Toy'R Us and Aldi.
Alexander Dominicus01/08/2013Alexander Dominicus joined MainFirst in August 2009. He is part of the Top European Ideas Fund investment team as a junior portfolio manager. Previously, Alexander did a trainee programme at MainFirst working at various departments including international work experience in London and New York. Alexander did a banking apprenticeship and holds a degree in business administration with focus on Finance from Frankfurt School of Finance and Management and Emory University Goizueta Business School.
Evy Bellet01/08/2013Evy Bellet has been a portfolio manager at MainFirst since January 2003 and is responsible for Value funds. Prior to this she was Portfolio Manager at Julius Bär Kapitalanlage AG, Frankfurt, responsible for segregated mandates, deputy for the JB-German-Value-Stock-Fund, the JB-Euroland-Value-Stock-Fund and for the JB-Patagon Deutsche-Aktien Fonds. Previous to this she was a security trader at Bank Julius Bär (Deutschland) AG and traded Eurobonds at FINACOR, Munich. Ms. Bellet has more than 19 years of experience in the finance sector.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
MainFirst Germany A
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price201.01
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHQ3
MainFirst Germany B
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.86
CurrencyEUR
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEB9I
MainFirst Germany C
Initial charge5%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price138.73
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDWY1
MainFirst Germany D
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price80.1
CurrencyEUR
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEB9J
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.