Fact sheet: Pru FRIA HendersonEurSelOpp Pn

Fund information
Fund name
Pru FRIA Henderson European Select Opportunities Pn
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund manager
  • John Bennettsince 01/02/2010
Underlying fund
Henderson Europn Selctd Opps
Fund objective
The investment strategy of the fund is to purchase units in the Henderson European Selected Opportunities Fund. That fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from European equity markets, by investing in companies registered in Europe or that carry out the majority of their business activities in these markets.
Benchmark
  • FTSE Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.6%
1 Year rank in sector
280/358
Sector
PN Europe Excluding UK
Yield
-
Fund size
£4m (£3m 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.
103
Offer price
210.5
Top in this sector
Fund name1 Year
OMW Old Mut Euro (ex UK) Sm Cos28.1%
OMW Henderson Euro Sm Cos24.3%
SIP Hend Eurpn Sm Cos Pn24.1%
Guardian Choices European Pn23.4%
L&G JPM Europe Sm Cos Pn19.5%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Switzerland18.9%
    Germany18.1%
    France13.7%
    Netherlands9.7%
    Sweden9.5%
  • Banks21.5%
    Biotechnology/Medical14.7%
    Industrials5.8%
    Chemicals5.5%
    Automotive5.4%
  • Swiss Equities18.9%
    German Equities18.1%
    French Equities13.7%
    Dutch Equities9.7%
    Swedish Equities9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.7%-1.6%8.1%7.6%19.1%77%
Sector-5.8%-0.8%8.9%10.2%20.2%75.9%
Rank within sector211 / 368238 / 367235 / 367280 / 358165 / 339134 / 311
Quartile3rd3rd3rd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.7%7.7%2.5%26.1%20.1%
Sector8.6%9.4%-0.2%25.6%19.2%
Rank within sector270 / 358200 / 35260 / 340137 / 328139 / 310
Quartile4th3rd1st2nd2nd
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.
0.78
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.
0.92
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.
0.46
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%.
10.52
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.
4.08
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.
0.03
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.
0.85
Price movement
52 week high228
52 week low176.9
Current bid price-
Current offer price210.5
Current mid price-
Region
1Switzerland18.92%
2Germany18.12%
3France13.69%
4Netherlands9.66%
5Sweden9.48%
6Not Specified4.38%
7Spain4.23%
8Belgium4%
9Denmark3.68%
Industry sector
1Banks21.51%
2Biotechnology/Medical14.73%
3Industrials5.81%
4Chemicals5.51%
5Automotive5.4%
6Software4.96%
7Oil & Gas Exploration & Production4.92%
8Derivatives4.38%
9Household Goods4.07%
Asset type
1Swiss Equities18.92%
2German Equities18.12%
3French Equities13.69%
4Dutch Equities9.66%
5Swedish Equities9.48%
6International Equities4.38%
7Spanish Equities4.23%
8Belgian Equities4%
9Danish Equities3.68%
Individual holdings
1NOVARTIS AG6.72%
2ROCHE HLDG AG4.81%
3SAP SE4.34%
4NESTLE SA3.96%
5AUTOLIV INC3.37%
6NORDEA BANK AB3.07%
7DNB ASA2.61%
8RELX NV2.43%
9HENKEL AG & CO KGAA2.27%
Management
Fund manager group
Prudential
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund objective
The investment strategy of the fund is to purchase units in the Henderson European Selected Opportunities Fund. That fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from European equity markets, by investing in companies registered in Europe or that carry out the majority of their business activities in these markets.
Benchmark
  • FTSE Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
John Bennett01/02/2010John Bennett has a 28-year track record of managing European equities. He joined Henderson as a Director of European Equities in April 2011, as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds as well as European long/short funds. John joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager. During this time he managed their flagship European long only and European equity long/short hedge fund, which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru FRIA Henderson European Select Opportunities Pn
Initial charge-
Annual charge1.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price-
Offer price210.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNJ6
Data provided by

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