Fact sheet: Odey European Focus

Fund information
Fund name
Odey European Focus B EUR
Fund manager company
Odey Asset Mgt
Fund type
OEIC
Fund managers
  • Oliver Keltonsince 31/03/2010
Fund objective
The Fund’s aim is to generate long term capital growth through investing in equities of European Companies in developed European equity markets.
Benchmark
  • MSCI Daily TR Net Europe Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-5.8%
1 Year rank in sector
64/227
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.
1.56%
Fund size
£1,127m (£1,359m 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.
92
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European22.4%
GS Eur CORE Eq Portfolio17.5%
Mirabaud Eqts PanEur SmllMid16.2%
JOHCM European Sel Val13.7%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • Money Market25.7%
    France24.9%
    UK11.5%
    Netherlands9.4%
    Denmark9.4%
  • Money Market25.7%
    Telecommunications Utilities16.1%
    Industrials13.2%
    Consumer Staples12.6%
    Consumer Discretionary12.4%
  • International Equities74.3%
    Money Market25.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%0.7%-0.5%-5.8%17.9%122.5%
Sector0.1%-1%-1.9%-8.3%10.8%57.7%
Rank within sector175 / 23361 / 234107 / 23264 / 22761 / 2002 / 175
Quartile4th2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-3.3%6.5%13.1%60.1%17.6%
Sector-5.2%11.1%4.2%21.1%17.6%
Rank within sector77 / 228165 / 2138 / 2001 / 188114 / 177
Quartile2nd4th1st1st3rd
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.
3.86
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.
0.72
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.
0.33
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%.
10.14
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.
6.17
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.
0.44
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.
0.76
Price movement
52 week high17.89
52 week low15.7
Current bid price-
Current offer price-
Current mid price16.87
Region
1Money Market25.69%
2France24.94%
3UK11.54%
4Netherlands9.42%
5Denmark9.35%
6Germany5.84%
7Sweden4.94%
8Luxembourg3.89%
9Finland2.64%
Industry sector
1Money Market25.69%
2Telecommunications Utilities16.11%
3Industrials13.17%
4Consumer Staples12.57%
5Consumer Discretionary12.41%
6Utilities5.53%
7Financials5.01%
8Health Care4.3%
9Information Technology3.45%
Asset type
1International Equities74.31%
2Money Market25.69%
Individual holdings
1ORANGE SA7.7%
2TESCO CORP6.7%
3VIVENDI6%
4KONINKLIJKE PHILIPS NV5.3%
5DANSKE BANK A/S5%
6ALSTOM4.9%
7BAYER AG4.3%
8TDC A/S4.3%
9KONINKLIJKE KPN NV4.1%
Management
Fund manager group
Odey
Fund manager company
Odey Asset Mgt
Fund type
OEIC
Fund objective
The Fund’s aim is to generate long term capital growth through investing in equities of European Companies in developed European equity markets.
Benchmark
  • MSCI Daily TR Net Europe Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Oliver Kelton31/03/2010Oliver Kelton is the Portfolio Manager of the Odey European Focus Fund and the CF Odey Continental European Fund. Oliver joined Odey in March 2015 from Waverton Investment Management, were he had joined as a European equity analyst. In 2003 he started managing specialist Pan-European equity portfolios and took over running the Waverton European Fund in April 2010. From May 2007 he was also the manager of the Pepin Fund, a plain vanilla long-short European equity fund which was closed in April 2013. He has a 1st class honours degree in Economics and Politics from Bristol University and is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, United Kingdom, Ireland, Offshore
Odey European Focus A Acc EUR
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.72
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKW2G
Odey European Focus A Inc EUR
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price17.18
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW770
Odey European Focus A Inc GBP
Initial charge5%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price21
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX064
Odey European Focus B EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price16.87
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW769
Odey European Focus I EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.61
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMGUL
Odey European Focus I GBP
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.3
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMGUM
Odey European Focus I USD
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.91
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMGUN
Odey European Focus M EUR
Initial charge-
Annual charge0.7%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10
CurrencyEUR
Price updated30/06/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKW2H
Odey European Focus R EUR
Initial charge5%
Annual charge1.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.57
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMRXV
Odey European Focus R Inc GBP
Initial charge5%
Annual charge1.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.99
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMVCO
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.