Fact sheet: MetLife Fidelity European Pn

Fund information
Fund name
MetLife Fidelity European Pn
Fund manager company
MetLife
Fund type
Pension Fund
Fund manager
  • Sam Morsesince 01/12/2009
Underlying fund
Fidelity European
Fund objective
The Fund’s investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies. However, the ACD is not restricted in the choice of company either by size or industry, or in terms of the geographical split of the portfolio, which is largely determined by the availability of attractive investment opportunities rather than the outlook for each market.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
24.2%
1 Year rank in sector
278/360
Sector
PN Europe Excluding UK
Yield
-
Fund size
£4m (£4m 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.
104
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn60.3%
L&G Neptune European Opps Pn58.9%
OMW Neptune European Opps58.6%
Zurich Nept EuroOppsPn54.3%
RLP EurSpl(NeptuneEurpOpp)Pn53.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France28.8%
    Switzerland17.4%
    Germany13.5%
    UK6.5%
    Spain6%
  • Financials18.3%
    Health Care15.8%
    Industrials14.2%
    Consumer Staples13%
    Consumer Discretionary10.9%
  • French Equities28.8%
    Swiss Equities17.4%
    German Equities13.5%
    UK Equities6.5%
    Spanish Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%7.6%3.3%24.2%28.8%68.6%
Sector-0.8%8.5%6.2%28.4%28.6%77.8%
Rank within sector208 / 371285 / 371286 / 369278 / 360137 / 342230 / 315
Quartile3rd4th4th4th2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.6%17.1%5.3%2.6%17.4%
Sector2.5%15.8%9.4%-0.2%25.6%
Rank within sector291 / 371161 / 360267 / 35458 / 342311 / 330
Quartile4th2nd4th1st4th
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.
1.49
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.
0.89
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.
0.62
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%.
10.68
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.
3.53
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.
0.13
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.
0.9
Price movement
52 week high170.02
52 week low133.89
Current bid price-
Current offer price-
Current mid price166.35
Region
1France28.84%
2Switzerland17.43%
3Germany13.54%
4UK6.54%
5Spain6.05%
6Others5.72%
7Belgium5.66%
8Finland4.64%
9Denmark4.37%
Industry sector
1Financials18.3%
2Health Care15.77%
3Industrials14.17%
4Consumer Staples13.01%
5Consumer Discretionary10.88%
6Information Technology7.68%
7Energy6.74%
8Materials5.2%
9Utilities3.49%
Asset type
1French Equities28.84%
2Swiss Equities17.43%
3German Equities13.54%
4UK Equities6.54%
5Spanish Equities6.05%
6International Equities5.72%
7Belgian Equities5.66%
8Finnish Equities4.64%
9Danish Equities4.37%
Individual holdings
1NESTLE SA6.52%
2ROCHE HLDG AG4.93%
3TOTAL SA3.92%
4SANOFI3.77%
5NOVO NORDISK A/S3.12%
6SAP SE3.07%
7L`OREAL3.06%
8SAMPO2.84%
9ROYAL DUTCH SHELL2.82%
Management
Fund manager group
MetLife
Fund manager company
MetLife
Fund type
Pension Fund
Fund objective
The Fund’s investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies. However, the ACD is not restricted in the choice of company either by size or industry, or in terms of the geographical split of the portfolio, which is largely determined by the availability of attractive investment opportunities rather than the outlook for each market.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Sam Morse01/12/2009Sam Morse joined M&G in 1997 and is Head of Large Cap Equities. Prior to joining M&G, Sam was responsible for the UK income funds at Fidelity Investments and spent two years with Hoare Govett in New York as an equity salesman for the Far East. Sam graduated from the University of North Carolina at Chapel Hill and holds an MBA from INSEAD.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
MetLife Fidelity European Pn
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price166.351
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX690
MetLife Fidelity European Pn RP
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price173.267
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDBC1
Data provided by

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