Fact sheet: Pru Fidelity European Pn

Fund information
Fund name
Pru Fidelity European Pn Ser A
Fund manager company
Prudential Assurance Company
Fund type
Pension Fund
Fund manager
  • Samuel Morsesince 01/12/2009
Underlying fund
Fidelity European
Fund objective
The investment strategy of the fund is to purchase units in the Fidelity European Fund. That fund aims to achieve long term capital growth through investing primarily in the shares of continental European companies (equities). The fund is likely to have a bias towards medium sized and smaller companies.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
19.9%
1 Year rank in sector
266/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£2m (£2m 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.
107
Bid price
208.6
Offer price
219.6
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn48.7%
L&G Neptune European Opps Pn48.1%
Zurich Nept EuroOppsPn48%
Scot Eq Neptune Eur Opps Pn47.9%
OMW Neptune European Opps47.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France28.2%
    Switzerland17.5%
    Germany14%
    UK6.3%
    Spain6.1%
  • Financials18.4%
    Health Care15.4%
    Industrials14.2%
    Consumer Staples13%
    Consumer Discretionary10.6%
  • French Equities28.2%
    Swiss Equities17.5%
    German Equities14%
    UK Equities6.3%
    Spanish Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%4.9%5.3%19.9%30.7%65.6%
Sector3%6%8.4%22.6%30.5%79.5%
Rank within sector179 / 372292 / 370297 / 370266 / 359150 / 342270 / 316
Quartile2nd4th4th3rd2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund4.2%16.9%5%2.4%16.9%
Sector5.2%15.8%9.4%-0.2%25.6%
Rank within sector295 / 370163 / 359285 / 35362 / 341318 / 330
Quartile4th2nd4th1st4th
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.
0.73
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.
0.87
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.
0.43
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%.
10.23
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.
3.5
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.
-0.08
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.
0.9
Price movement
52 week high212
52 week low167.8
Current bid price208.6
Current offer price219.6
Current mid price-
Region
1France28.17%
2Switzerland17.5%
3Germany14.04%
4UK6.3%
5Spain6.11%
6Others5.64%
7Belgium5.59%
8Finland4.72%
9Denmark4.39%
Industry sector
1Financials18.42%
2Health Care15.43%
3Industrials14.23%
4Consumer Staples12.95%
5Consumer Discretionary10.56%
6Information Technology7.98%
7Energy7.65%
8Materials5.59%
9Telecommunications Utilities3.16%
Asset type
1French Equities28.17%
2Swiss Equities17.5%
3German Equities14.04%
4UK Equities6.3%
5Spanish Equities6.11%
6International Equities5.64%
7Belgian Equities5.59%
8Finnish Equities4.72%
9Danish Equities4.39%
Individual holdings
1NESTLE SA6.51%
2ROCHE HLDG AG4.98%
3TOTAL SA3.89%
4SANOFI3.72%
5SAP SE3.27%
6NOVO-NORDISK AS3.07%
7L`OREAL3.04%
8SAMPO2.81%
93I GROUP2.77%
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 Fidelity European Fund. That fund aims to achieve long term capital growth through investing primarily in the shares of continental European companies (equities). The fund is likely to have a bias towards medium sized and smaller companies.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Samuel Morse01/12/2009Sam Morse assumed responsibility for the Fidelity European Fund on 1 January 2010. Sam joined Fidelity in 1990 and spent seven years with the company as a research analyst, covering pan-European retail stocks, and then as a portfolio manager, running funds including Fidelity Income Plus Fund, Fidelity Growth and Income Fund and Fidelity MoneyBuilder Growth Fund. He then left Fidelity to be Head of UK Equities at M&G. Sam returned to Fidelity in 2004 to manage UK equities for institutional clients. He managed the Fidelity MoneyBuilder Growth Fund from December 2006 for three years. On 1st January 2010, Sam handed over his UK equity portfolios to new managers and took on responsibility of the FIF European Fund. Sam has an MBA from INSEAD and a BA from the University of North Carolina.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Pru Fidelity European Pn Ser A
Initial charge-
Annual charge1.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.95%
Bid price208.6
Offer price219.6
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD9L9
Data provided by

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