Fact sheet: Robeco New Wld Financl Eq

Fund information
Fund name
Robeco New World Financial Equities D EUR
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund manager
  • Patrick Lemmenssince 01/11/2008
Fund objective
Robeco New World Financials Equities invests worldwide in stocks of companies in the financial sector and can partly invest in financial oriented companies outside of the formal MSCI Financials. This fund focuses on attractive long term trends such as Digital Finance, Ageing Finance and emerging Finance. Within these trends the best executors are selected. Proprietary valuation models are used to select stocks with good earnings prospects and a reasonable valuation. Companies are individually assessed on the basis of in-depth discussions with corporate management and analysts.
Benchmark
  • MSCI All Country Financials
Investment style
None
Investment method
Shares
Quick stats
1 Year return
4.1%
1 Year rank in sector
10/11
Sector
FO Equity - Financial
Yield
-
Fund size
£254m (£206m 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.
122
Top in this sector
Fund name1 Year
Sanlam Global Financial42.4%
Polar Capital GblInsnrc31.2%
Fidelity Gbl Financl Svs28.3%
JGF-Jupiter Gbl Fins17.7%
Guinness Gbl Money Mangrs12.6%
...more in FO Equity - Financial

Performance snapshot

Holdings snapshot

  • Americas38.5%
    Europe35.9%
    Asia20.5%
    Africa3.1%
    Money Market1.8%
  • Banks25.4%
    Insurance22.5%
    Financials19.7%
    Information Technology13.2%
    Consumer Credit & Leasing4.2%
  • American Equity38.5%
    European Equities35.9%
    Asia Pacific Equities20.5%
    Middle East & African Equities3.1%
    Money Market1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund9.8%8.8%13%4.1%28.7%109.2%
Sector8.3%8.2%13.9%7.4%21.1%72.4%
Rank within sector6 / 117 / 118 / 1110 / 117 / 113 / 11
Quartile3rd3rd3rd4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.6%4.4%13.6%26.1%31.1%
Sector8.1%1.7%7.6%20.3%20.9%
Rank within sector10 / 116 / 113 / 114 / 112 / 11
Quartile4th3rd2nd2nd1st
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.
2.15
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.
1.13
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.
0.25
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%.
15.71
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.
6.83
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.
0.36
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.
0.82
Price movement
52 week high55.54
52 week low40.12
Current bid price-
Current offer price-
Current mid price55.54
Region
1Americas38.49%
2Europe35.94%
3Asia20.52%
4Africa3.14%
5Money Market1.8%
6Others0.1%
Industry sector
1Banks25.43%
2Insurance22.49%
3Financials19.74%
4Information Technology13.16%
5Consumer Credit & Leasing4.22%
6Software4.22%
7Financial Services3.44%
8Money Market1.8%
9Real Estate1.47%
Asset type
1American Equity38.49%
2European Equities35.94%
3Asia Pacific Equities20.52%
4Middle East & African Equities3.14%
5Money Market1.8%
6International Equities0.1%
Individual holdings
1CITIGROUP INC4.21%
2PING AN INSURANCE(GR)CO OF CHINA2.5%
3ING GROEP N.V.2.28%
4SCHWAB (CHARLES) CORP2.08%
5Visa Inc ORD1.8%
6AIA GROUP LTD1.73%
7BANCO BILBAO VIZCAYA ARGENTARIA SA1.73%
8AEGON NV1.67%
9AXA1.64%
Management
Fund manager group
Robeco Luxembourg
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund objective
Robeco New World Financials Equities invests worldwide in stocks of companies in the financial sector and can partly invest in financial oriented companies outside of the formal MSCI Financials. This fund focuses on attractive long term trends such as Digital Finance, Ageing Finance and emerging Finance. Within these trends the best executors are selected. Proprietary valuation models are used to select stocks with good earnings prospects and a reasonable valuation. Companies are individually assessed on the basis of in-depth discussions with corporate management and analysts.
Benchmark
  • MSCI All Country Financials
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Patrick Lemmens01/11/2008Mr.Lemmens holds a Master's degree in Financial Economics from the university of Rotterdam, graduated in International Finance and Investment (1991). Finished post-graduate study VBA in December 1995, grade CEFA (European CFA). Since 2003 Mr. Lemmens is the sector portfolio manager for the financial services sector fund. He remains involved in advising portfolio managers on financial institutions with emphasis on a market view. Involved in institutional marketing. In 1993 Mr. Lemmens joined ABN AMRO Asset Management and succesfully followed the ABN AMRO trainee program, after which he worked as a portfolio manager in the Fixed Income Department. Since 1994 Mr. Lemmens has worked as the sector analyst for financial institutions. Major skills: identifying trends within financial sector, identifying winners and advising portfolio managers. Initiated launch of the first ABN AMRO sector / theme Funds. Mr. Lemmens directly after graduating in 1991 joined the Royal Dutch Navy to fullfill his military service. During his 18 months of service Mr. Lemmens was a controller for a building project of new coastal mine sweepers at one of the Royal Dutch Navy headquarters in The Hague. Mr. Lemmens still holds the rank of Lieutenant at Sea second class.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Singapore
Robeco New World Financial Equities D EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price55.54
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeRM19
Robeco New World Financial Equities D USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price95.93
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFL1N
Robeco New World Financial Equities F EUR
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)9.9%
Bid price-
Offer price-
Mid price184.64
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG75Z
Robeco New World Financial Equities F USD
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)9.9%
Bid price-
Offer price-
Mid price101.04
CurrencyUSD
Price updated28/07/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLYG
Robeco New World Financial Equities I USD
Initial charge0.5%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price104.99
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFB0A
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