Fact sheet: NN (L) Eur Hi Div

Fund information
Fund name
NN (L) European High Dividend X Cap EUR
Fund manager company
NN Investment Partners (LUX)
Fund type
Offshore Fund
Fund manager
  • ING Investment Management Belgiumsince 15/12/2004
Fund objective
The fund invests in companies, listed on stock exchanges in Europe, with an attractive dividend yield (dividend as a percentage of the share price). The portfolio is diversified across countries and business sectors. Measured over a period of several years, we aim to beat the performance of the benchmark MSCI Europe NR. We aim to benefit from opportunities the markets provide. Based on a thorough analysis we strive to select the most promising stocks. We focus on companies with stable and relatively high dividends. Ultimately we choose the stocks that we expect to offer a sustainable dividend yield as a result of the strength of their finances and business. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings
Benchmark
  • MSCI Europe (Net) Index
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
-7.3%
1 Year rank in sector
144/227
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.
2.34%
Fund size
£392m (£494m 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.
99
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

  • France21.8%
    UK20.6%
    Switzerland16.1%
    Germany14%
    Netherlands7.4%
  • Financials28.6%
    Health Care12.9%
    Industrials11.9%
    Telecommunications Utilities10%
    Materials8.7%
  • French Equities21.8%
    UK Equities20.6%
    Swiss Equities16.1%
    German Equities14%
    Dutch Equities7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%-1%-0.7%-7.3%2.6%37.2%
Sector2.5%-2.6%-1.3%-5.8%13.6%56.3%
Rank within sector102 / 23380 / 234120 / 232144 / 227180 / 200156 / 175
Quartile2nd2nd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-6.7%4.1%2.3%20.6%13.9%
Sector-5.2%11.1%4.2%21.1%17.6%
Rank within sector148 / 228181 / 213147 / 200110 / 188155 / 177
Quartile3rd4th3rd3rd4th
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.
-3.45
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.
1.01
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
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%.
13.15
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.
4.54
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.
-0.78
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.
0.88
Price movement
52 week high366.06
52 week low295.44
Current bid price-
Current offer price-
Current mid price344.02
Region
1France21.8%
2UK20.62%
3Switzerland16.11%
4Germany13.99%
5Netherlands7.38%
6Spain5.72%
7Sweden4.08%
8Italy3.95%
9Austria2.17%
Industry sector
1Financials28.58%
2Health Care12.91%
3Industrials11.9%
4Telecommunications Utilities10.04%
5Materials8.65%
6Consumer Discretionary8.29%
7Utilities7.35%
8Consumer Staples7.32%
9Energy4.98%
Asset type
1French Equities21.8%
2UK Equities20.62%
3Swiss Equities16.11%
4German Equities13.99%
5Dutch Equities7.38%
6Spanish Equities5.72%
7Swedish Equities4.08%
8Italian Equities3.95%
9Austrian Equities2.17%
Individual holdings
1NOVARTIS AG4.14%
2ENGIE SA3.86%
3CARREFOUR3.84%
4GLAXOSMITHKLINE3.8%
5ING GROEP N.V.3.06%
6DEUTSCHE TELEKOM AG3.03%
7MUNCHENER RUCKVERSICHERUNGS AG3.02%
8ENEL SPA3%
9ROCHE HLDG AG2.84%
Management
Fund manager group
ING
Fund manager company
NN Investment Partners (LUX)
Fund type
Offshore Fund
Fund objective
The fund invests in companies, listed on stock exchanges in Europe, with an attractive dividend yield (dividend as a percentage of the share price). The portfolio is diversified across countries and business sectors. Measured over a period of several years, we aim to beat the performance of the benchmark MSCI Europe NR. We aim to benefit from opportunities the markets provide. Based on a thorough analysis we strive to select the most promising stocks. We focus on companies with stable and relatively high dividends. Ultimately we choose the stocks that we expect to offer a sustainable dividend yield as a result of the strength of their finances and business. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings
Benchmark
  • MSCI Europe (Net) Index
Investment style
Active
Investment method
Shares
Fund manager
NameSinceBiography
ING Investment Management Belgium15/12/2004
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Slovakia
NN (L) European High Dividend I Cap EUR
Initial charge2%
Annual charge0.6%
Min single investment£250,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price410.28
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIL14
NN (L) European High Dividend I Cap USD
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4354.89
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMMJ
NN (L) European High Dividend I Cap USD EUR
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4057.29
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMMK
NN (L) European High Dividend I Dis EUR
Initial charge2%
Annual charge0.6%
Min single investment£250,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price268.17
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBLT4
NN (L) European High Dividend IH Cap PLN
Initial charge2%
Annual charge0.6%
Min single investment£250,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price34609.6
CurrencyPLN
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHTO4
NN (L) European High Dividend IH Cap PLN EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7745.58
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHTO3
NN (L) European High Dividend N Cap EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price375.6
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDHV
NN (L) European High Dividend N Dis EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price259.15
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE9O
NN (L) European High Dividend P Cap EUR
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price365.16
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIK97
NN (L) European High Dividend P Dis EUR
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price251.94
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIK99
NN (L) European High Dividend P Hedged ii Cap USD
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price258.44
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0US
NN (L) European High Dividend S Cap EUR
Initial charge2%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price408.65
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV433
NN (L) European High Dividend V Cap EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price134.45
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBLT5
NN (L) European High Dividend X Cap EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price344.02
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIK98
NN (L) European High Dividend X Hedged Cap USD
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price248.33
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJBE
NN (L) European High Dividend X Hedged Cap USD EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price231.36
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJBF
Data provided by

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