Fact sheet: Morg Stnly Eurozone Eq Alpha

Fund information
Fund name
Morg Stnly Eurozone Equity Alpha I EUR
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • Matthew Leemansince 30/12/2006
  • Jaymeen Patelsince 30/12/2006
  • Jonathan Daysince 30/12/2006
  • Riccardo Bindisince 30/12/2006
Fund objective
Seeks long-term capital growth, measured in euro, through investment primarily in a concentrated portfolio of equity securities of companies domiciled or exercising the predominant part of their economic activity in the Eurozone. Investments will be sought in equity securities that the Company believes to have the highest potential for long term capital appreciation based primarily on fundamental market factors and stock specific research.
Benchmark
  • MSCI EMU (Net) Index
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
22.6%
1 Year rank in sector
56/97
Sector
FO Equity - Europe ex 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
£1,032m (£471m 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.
121
Top in this sector
Fund name1 Year
Boost EURO STOXX 50 3x LD ETP79.4%
JB Mltstck Erlnd Vl Stck56.6%
SEI Eurpn(Ex UK)Eq42.1%
Hermes ErEUKEq41.8%
Pioneer SICV-Eur Eq40.7%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • Germany35%
    France26%
    Netherlands17.9%
    Italy6%
    Spain5.3%
  • Insurance8.6%
    Banks8.6%
    Oil & Gas5.6%
    Conglomerates5.1%
    Software5%
  • German Equities35%
    French Equities26%
    Dutch Equities17.9%
    Italian Equities6%
    Spanish Equities5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.8%8.8%18.2%22.6%27.5%103.2%
Sector5.8%8%17.5%22.6%30.5%94.4%
Rank within sector76 / 9946 / 9954 / 9956 / 9749 / 8529 / 74
Quartile4th2nd3rd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund11.4%3.6%10.7%1.7%29.5%
Sector10.5%4.1%12.7%3.5%23.2%
Rank within sector42 / 9947 / 9349 / 8553 / 8419 / 77
Quartile2nd3rd3rd3rd1st
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.
-1.97
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.
1.18
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.
0.29
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%.
14.9
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.
3.87
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.
-0.19
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.
0.96
Price movement
52 week high15
52 week low11.04
Current bid price-
Current offer price-
Current mid price14.77
Region
1Germany34.99%
2France25.97%
3Netherlands17.95%
4Italy6.05%
5Spain5.3%
6Ireland3.09%
7USA2.79%
8UK2.09%
9Money Market1.78%
Industry sector
1Insurance8.61%
2Banks8.56%
3Oil & Gas5.62%
4Conglomerates5.13%
5Software5.02%
6Telecommunications Utilities4.8%
7Media4.68%
8Consumer Goods4.58%
9Pharmaceuticals4.26%
Asset type
1German Equities34.99%
2French Equities25.97%
3Dutch Equities17.95%
4Italian Equities6.05%
5Spanish Equities5.3%
6Irish Equities3.09%
7US Equities2.79%
8UK Equities2.09%
9Money Market1.78%
Individual holdings
1SIEMENS AG5.13%
2SAP SE5.02%
3ALLIANZ SE4.66%
4UNILEVER NV4.58%
5BNP PARIBAS4.48%
6BAYER AG4.26%
7ING GROEP N.V.4.08%
8AXA3.95%
9ASML HOLDING NV3.92%
Management
Fund manager group
Morgan Stanley
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund objective
Seeks long-term capital growth, measured in euro, through investment primarily in a concentrated portfolio of equity securities of companies domiciled or exercising the predominant part of their economic activity in the Eurozone. Investments will be sought in equity securities that the Company believes to have the highest potential for long term capital appreciation based primarily on fundamental market factors and stock specific research.
Benchmark
  • MSCI EMU (Net) Index
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matthew Leeman30/12/2006Matthew is head of the European Equity team. He joined Morgan Stanley in 2006 and has 18 years investment experience. Prior to joining the firm, Matthew was a director at Société Générale Asset Management where he managed Pan European, Europe Ex-U.K. and Eurozone equity strategies. Previously, Matthew was a partner in Mont Blanc, a European hedge fund. Before that, he was a senior fund manager on the European desk at Lombard Odier Darier Hentsch where he was responsible for their largest institutional clients. Matthew received a B.A. in modern languages (French and German) from King's College, London, and an M.A. in European Management from Cranfield Business School.
Jaymeen Patel30/12/2006Jaymeen is a member of the European Equity team and specializes in the telecoms and consumer sectors. He joined Morgan Stanley in 1998 and has 13 years of industry experience. Prior to joining the firm, he held positions at Fidelity Investments, State Street Bank and Trust Company and Salomon Brothers Asset Management. Jaymeen received a double honours B.Eng. and B.Comm. with language from the University of Birmingham, and an M.B.A. from the University of Warwick.
Jonathan Day30/12/2006Jonathan is a portfolio manager for the European Equity strategies. He joined Morgan Stanley in 2006 and has 15 years of investment experience. Prior to joining the firm, Jonathan was a European equity portfolio manager at Société Générale Asset Management. Prior to that, he was a fund manager on the European desk at Morgan Stanley Quilter, responsible for Europe ex-UK and UK Balanced accounts. Jonathan holds the ASIP designation and is an associate member of the CFA Institute.
Riccardo Bindi30/12/2006Riccardo is a portfolio manager for the European Equity strategies. He joined Morgan Stanley in 2006 and has 18 years investment experience. Prior to joining the firm, Riccardo was a European equity portfolio manager at Société Générale Asset Management. Prior to that, Riccardo was at Lombard Odier Darier Hentsch where he was responsible for European small/mid cap equities. Riccardo received a B.Sc. in economics from the University of Bath and an M.Sc. in economics from the University of London. He also holds the Chartered Financial Analyst designation and is a member of UKSIP and the CFA Institute.
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, Chile, Germany, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Morg Stnly Eurozone Equity Alpha A EUR
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price13.2
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWF97
Morg Stnly Eurozone Equity Alpha A EUR USD
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price14.86
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWF94
Morg Stnly Eurozone Equity Alpha AH USD
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price39.43
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8XB
Morg Stnly Eurozone Equity Alpha AR EUR
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price28.52
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHWM
Morg Stnly Eurozone Equity Alpha AR EUR USD
Initial charge5.75%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price32.11
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHWN
Morg Stnly Eurozone Equity Alpha B EUR
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price11.14
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWF98
Morg Stnly Eurozone Equity Alpha B EUR USD
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price12.54
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWF95
Morg Stnly Eurozone Equity Alpha BR EUR
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price27.63
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHWO
Morg Stnly Eurozone Equity Alpha BR EUR USD
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price31.1
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHWP
Morg Stnly Eurozone Equity Alpha CR EUR
Initial charge-
Annual charge2.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price27.79
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHWQ
Morg Stnly Eurozone Equity Alpha CR EUR USD
Initial charge-
Annual charge2.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price31.29
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHWR
Morg Stnly Eurozone Equity Alpha I EUR
Initial charge3%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price14.77
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeWF99
Morg Stnly Eurozone Equity Alpha I EUR USD
Initial charge3%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price16.63
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeWF96
Morg Stnly Eurozone Equity Alpha IH USD
Initial charge3%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price32.33
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHRE
Morg Stnly Eurozone Equity Alpha Z EUR
Initial charge1%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price46.68
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPB3
Morg Stnly Eurozone Equity Alpha Z EUR USD
Initial charge1%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price52.55
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPB4
Data provided by

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