Fact sheet: NN (L) Euro Hi Div

Fund information
Fund name
NN (L) Euro High Dividend X Cap EUR
Fund manager company
NN Investment Partners (LUX)
Fund type
Offshore Fund
Fund manager
  • Nicolas Simarsince 08/03/1998
Fund objective
The fund invests in companies, listed on stock exchanges of countries in the Eurozone, 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 EMU NR. We actively aim to benefit from possibilities the markets provide. Based on a thorough analysis we strive for selecting the most promising stocks. We focus on companies with stable 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 EMU
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
-5.5%
1 Year rank in sector
40/100
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.
2.33%
Fund size
£786m (£208m 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.
111
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JB Mltstck Erlnd Vl Stck28.6%
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J Chahine Dgtl Str Eur Ex UK21.6%
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Guinness European Eq Inc21.4%
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Performance snapshot

Holdings snapshot

  • France43.7%
    Germany22.8%
    Spain11.3%
    Netherlands10.2%
    Italy6.1%
  • Financials28.5%
    Industrials17.5%
    Telecommunications Utilities9.9%
    Utilities9%
    Materials8.1%
  • French Equities43.7%
    German Equities22.8%
    Spanish Equities11.3%
    Dutch Equities10.2%
    Italian Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%2%2.3%-5.5%9.1%49.9%
Sector-1.3%-0.3%1.1%-4.4%15.8%66.3%
Rank within sector36 / 10520 / 10533 / 10440 / 10065 / 8974 / 80
Quartile2nd1st2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.6%7.7%2.8%25.4%10.2%
Sector-1.7%12.7%3.5%23.2%17.8%
Rank within sector34 / 10072 / 9150 / 8938 / 8376 / 79
Quartile2nd4th3rd2nd4th
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.
-2.77
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.
1.09
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.
0.01
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%.
13.68
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.
4.23
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.
-0.57
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.
0.91
Price movement
52 week high449.09
52 week low357.6
Current bid price-
Current offer price-
Current mid price424.78
Region
1France43.72%
2Germany22.83%
3Spain11.3%
4Netherlands10.16%
5Italy6.12%
6Austria4.03%
7Belgium1.06%
8Portugal0.79%
Industry sector
1Financials28.48%
2Industrials17.45%
3Telecommunications Utilities9.87%
4Utilities8.96%
5Materials8.05%
6Consumer Discretionary7.46%
7Consumer Staples7.42%
8Energy5.79%
9Health Care4.88%
Asset type
1French Equities43.72%
2German Equities22.83%
3Spanish Equities11.3%
4Dutch Equities10.16%
5Italian Equities6.12%
6Austrian Equities4.03%
7Belgian Equities1.06%
8Portuguese Equities0.79%
Individual holdings
1ENEL SPA4.45%
2SANOFI4.45%
3ING GROEP N.V.4.1%
4TOTAL SA4.04%
5ORANGE SA3.94%
6CARREFOUR3.93%
7BNP PARIBAS3.83%
8AXA3.77%
9DEUTSCHE POST AG3.76%
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 of countries in the Eurozone, 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 EMU NR. We actively aim to benefit from possibilities the markets provide. Based on a thorough analysis we strive for selecting the most promising stocks. We focus on companies with stable 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 EMU
Investment style
Active
Investment method
Shares
Fund manager
NameSinceBiography
Nicolas Simar08/03/1998Nicolas Simar is the head of the IIMA’s Value Team. Nicolas is responsible for all strategies within IIMA’s Equity Value boutique. Nicolas started his career at the Banque Bruxelles Lambert in 1996 (bought by ING) as Investment Manager of Fixed Income and moved three years later to the Value Team to manage the Euro High Dividend strategy. He has managed the ING Euro High Dividend strategy since its inception in April 1999. Nicolas holds a degree in Civil Engineering from the Université Catholique de Louvain (1994) and a degree in Business Administration from the Institut Français du Pétrole (Paris, 1995). He has 16 years of investment experience.
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, Hungary, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Romania, Singapore, Slovakia, Taiwan - Province Of China
NN (L) Euro High Dividend I Cap EUR
Initial charge2%
Annual charge0.6%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price518.7
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIN84
NN (L) Euro 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)0.75%
Bid price-
Offer price-
Mid price433.2
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMFZ4
NN (L) Euro 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 price472.58
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0UR
NN (L) Euro 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 price1149.51
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE9X
NN (L) Euro 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)1.85%
Bid price-
Offer price-
Mid price459.42
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIN85
NN (L) Euro High Dividend P Cap USD
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.51
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0J1V
NN (L) Euro High Dividend P Cap USD EUR
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price83.41
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0K8R
NN (L) Euro 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)1.85%
Bid price-
Offer price-
Mid price1117.29
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIN86
NN (L) Euro High Dividend P Hedged Cap CHF
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 price224.56
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU1C
NN (L) Euro High Dividend P Hedged Cap CHF 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 price208.8
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU1D
NN (L) Euro High Dividend P Hedged Cap USD
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price248.85
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4WI
NN (L) Euro High Dividend P Hedged Cap USD EUR
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price234.51
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4WJ
NN (L) Euro High Dividend R Cap EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price254.02
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXIE
NN (L) Euro High Dividend R Dis EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price254.04
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFXIF
NN (L) Euro High Dividend R Hedged Cap CHF
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price252.41
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXIJ
NN (L) Euro High Dividend R Hedged Cap CHF EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price234.7
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXIK
NN (L) Euro High Dividend R Hedged Cap USD
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price257.2
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXIH
NN (L) Euro High Dividend R Hedged Cap USD EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price242.38
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXII
NN (L) Euro High Dividend U Cap EUR
Initial charge-
Annual charge0.48%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5461.5
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBG
NN (L) Euro 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)1.64%
Bid price-
Offer price-
Mid price188.2
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEOV4
NN (L) Euro High Dividend X Cap EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)2.32%
Bid price-
Offer price-
Mid price424.78
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIN87
NN (L) Euro High Dividend X Dis EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price247.52
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE3F
NN (L) Euro High Dividend X Hedged Dis AUD
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 price245.03
CurrencyAUD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE3G
NN (L) Euro High Dividend X Hedged Dis(M) 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 price236.07
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJHF
NN (L) Euro High Dividend X Hedged Dis(M) 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 price222.47
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJHG
NN (L) Euro High Dividend Y Dis(M) EUR
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price229.06
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJIC
NN (L) Euro High Dividend Y Hedged Dis(M) AUD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price228.04
CurrencyAUD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJID
NN (L) Euro High Dividend Y Hedged Dis(M) AUD EUR
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.09
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJIE
NN (L) Euro High Dividend Y Hedged Dis(M) USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price231.3
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJIF
NN (L) Euro High Dividend Y Hedged Dis(M) USD EUR
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price217.97
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJIG
Data provided by

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