Fact sheet: Oldfield Overstone European

Fund information
Fund name
Oldfield Overstone European A
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund manager
No data available.
Fund objective
This fund attempts to achieve over the long term a total return in excess of that of the MSCI European Index (with net dividends reinvested) through investment in a concentrated portfolio of equities of large to medium sized companies, selected from all the major markets and to a lesser extent from some emerging markets in Europe. Although the Overstone European Equity Fund will have exposure to some of the larger blue-chip stocks in Europe a large proportion of assets will be directed towards medium sized companies.
Benchmark
  • MSCI Europe
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
1.2%
1 Year rank in sector
85/224
Sector
FO Equity - Europe inc UK
Yield
-
Fund size
£13m
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
Top in this sector
Fund name1 Year
Mirabaud Eqts PanEur SmllMid31.9%
IVI European30.9%
JOHCM European Sel Val28.6%
Schroder ISF Eur SpclSits27.4%
Allianz Eur Eq Gth25.4%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK33.1%
    Italy11.6%
    Germany10.4%
    Sweden8%
    Denmark6.4%
  • Financials24.4%
    Consumer Discretionary23%
    Industrials16.4%
    Energy12.1%
    Materials8.4%
  • UK Equities33.1%
    Italian Equities11.6%
    German Equities10.4%
    Swedish Equities8%
    Danish Equities6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%13.6%3.4%1.2%11.1%62.4%
Sector-0.4%6%2.2%0%16.3%66.1%
Rank within sector220 / 23318 / 23483 / 23185 / 224147 / 200116 / 176
Quartile4th1st2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.3%2.4%3.6%21.9%19.1%
Sector-4.8%11.1%4.2%21.1%17.6%
Rank within sector68 / 229197 / 215132 / 20293 / 19096 / 180
Quartile2nd4th3rd2nd3rd
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.
-1.01
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.
0.16
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%.
15.36
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.
7.23
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.
-0.1
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.
0.77
Price movement
52 week high156.2
52 week low117.27
Current bid price-
Current offer price-
Current mid price141.46
Region
1UK33.1%
2Italy11.6%
3Germany10.4%
4Sweden8%
5Denmark6.4%
6Greece6.4%
7Russia5.7%
8Switzerland4.9%
9Netherlands4.8%
Industry sector
1Financials24.4%
2Consumer Discretionary23%
3Industrials16.4%
4Energy12.1%
5Materials8.4%
6Consumer Staples5.1%
7Technology3.7%
8Utilities3.6%
9Money Market3.3%
Asset type
1UK Equities33.1%
2Italian Equities11.6%
3German Equities10.4%
4Swedish Equities8%
5Danish Equities6.4%
6Greek Equities6.4%
7Russian Equities5.7%
8Swiss Equities4.9%
9Dutch Equities4.8%
Individual holdings
1BOVIS HOMES GROUP8%
2EXOR SPA7%
3WETHERSPOON(J.D.)7%
4AP MOLLER-MAERSK A/S6.4%
5LUKOIL INTERNATIONAL FINANCE BV 3.416% NTS 24/04/18 USD200000REG S5.7%
Management
Fund manager group
Oldfield Partners
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund objective
This fund attempts to achieve over the long term a total return in excess of that of the MSCI European Index (with net dividends reinvested) through investment in a concentrated portfolio of equities of large to medium sized companies, selected from all the major markets and to a lesser extent from some emerging markets in Europe. Although the Overstone European Equity Fund will have exposure to some of the larger blue-chip stocks in Europe a large proportion of assets will be directed towards medium sized companies.
Benchmark
  • MSCI Europe
Investment style
Active
Investment method
Shares
Fund manager
No data available.
Compliance
Distributor Status, Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore, United States
Oldfield Overstone European A
Initial charge-
Annual charge1.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price141.46
CurrencyEUR
Price updated13/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6G7
Oldfield Overstone European I
Initial charge-
Annual charge0.9%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price153.95
CurrencyEUR
Price updated13/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIZV2
Data provided by

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