Fact sheet: Oldfield Ovrste UCITS Euro Eqty

Fund information
Fund name
Oldfield Overstone UCITS Euro Equity A
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund managers
  • Claus Anthonsince 03/10/2005
  • Sam Ziffsince 01/01/2017
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 UCITS 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,Concentrated
Investment method
Shares
Quick stats
1 Year return
14.6%
1 Year rank in sector
50/227
Sector
FO Equity - Europe inc UK
Yield
-
Fund size
£15m
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.
118
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC46.9%
GS Eur CORE Eq Portfolio30.5%
EP Pan European Opportunities29.5%
E.I.Sturdza StEurpSmCos26.5%
IVI European25.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK41%
    Italy10.9%
    Germany10.3%
    Sweden9.1%
    Russia5.6%
  • Financials21.8%
    Industrials21.1%
    Consumer Discretionary17.7%
    Energy14.5%
    Materials10.7%
  • UK Equities41%
    Italian Equities10.9%
    German Equities10.3%
    Swedish Equities9.1%
    Russian Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%1.9%14.8%14.6%15.3%74.8%
Sector1.3%5.6%9.7%9.8%19.2%63.3%
Rank within sector154 / 234213 / 23216 / 23050 / 227143 / 19865 / 174
Quartile3rd4th1st1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.1%11.5%2.4%3.6%21.9%
Sector6%-0.6%11.1%4.2%21.1%
Rank within sector184 / 23218 / 224187 / 205126 / 19493 / 180
Quartile4th1st4th3rd3rd
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.
-1.03
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.
0.1
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%.
15.33
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.
7.34
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.
-0.11
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 high169.31
52 week low124.46
Current bid price-
Current offer price-
Current mid price167.06
Region
1UK41%
2Italy10.9%
3Germany10.3%
4Sweden9.1%
5Russia5.6%
6Switzerland4.5%
7Denmark4.2%
8Norway4%
9France3.3%
Industry sector
1Financials21.8%
2Industrials21.1%
3Consumer Discretionary17.7%
4Energy14.5%
5Materials10.7%
6Utilities4.8%
7Technology4.4%
8Consumer Staples3.7%
9Money Market1.3%
Asset type
1UK Equities41%
2Italian Equities10.9%
3German Equities10.3%
4Swedish Equities9.1%
5Russian Equities5.6%
6Swiss Equities4.5%
7Danish Equities4.2%
8Norwegian Equities4%
9French Equities3.3%
Individual holdings
1EXOR SPA6.1%
2BOVIS HOMES GROUP6%
3WETHERSPOON(J.D.)6%
4LUKOIL OAO5.6%
5IWG PLC5.4%
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 UCITS 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,Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Claus Anthon03/10/2005Claus is one of the founding partners of OP. He was previously at Merrill Lynch Investment Managers (“MLIM”), formerly Mercury Asset Management, for 17 years. He was a director and European portfolio manager, and a member of the specialist team; and earlier a member of the global team headed by Richard Oldfield. He attended Handelsskolen, Copenhagen. He manages European equity portfolios and contributes to the overall investment selection.
Sam Ziff01/01/2017
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore, United States
Oldfield Overstone UCITS Euro Equity A
Initial charge-
Annual charge1.25%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price167.06
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE6G7
Oldfield Overstone UCITS Euro Equity I
Initial charge-
Annual charge0.65%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price181.21
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIZV2
Data provided by

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