Fact sheet: Royal London Eurpn Gth

Fund information
Fund name
Royal London European Growth M Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund managers
  • Mike Foxsince 14/10/2016
Fund objective
The fund seeks to achieve capital growth. A broadly based continental European equity fund drawing on the fund manager's growth style and a process driven by stock selection.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
38.2%
1 Year rank in sector
24/97
Sector
UT Europe Excluding UK
Yield
1.7%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.66%
Fund size
£759m (£747m 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.
118
Mid price
907.6
Top in this sector
Fund name1 Year
Neptune European Opps61.6%
Marlborough Eurpn Multi-Cap53.4%
Baillie Gifford European44.2%
Invesco Perp European Equity42.9%
Schroder Eurpn Alpha Plus42.8%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany30.8%
    France22.4%
    Switzerland11.6%
    Netherlands10.9%
    Ireland4.7%
  • Financials19.5%
    Industrials19.1%
    Consumer Goods17%
    Health Care13.3%
    Technology11.1%
  • German Equities30.8%
    French Equities22.4%
    Swiss Equities11.6%
    Dutch Equities10.9%
    Irish Equities4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.1%8.8%17.9%38.2%35.1%112.9%
Sector7.7%8.3%18.1%34.4%38.6%116.7%
Rank within sector30 / 10044 / 10064 / 9924 / 9765 / 8546 / 78
Quartile2nd2nd3rd1st4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund11.1%19.5%4.9%-1.5%26.3%
Sector11.1%16.4%9.1%-0.7%27.3%
Rank within sector53 / 10027 / 9676 / 8957 / 8537 / 78
Quartile3rd2nd4th3rd2nd
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.
-0.95
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.
1.03
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.
0.51
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%.
11.34
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.
2.38
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.
-0.31
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.
0.96
Price movement
52 week high913.5
52 week low656.3
Current bid price-
Current offer price-
Current mid price907.6
Region
1Germany30.76%
2France22.37%
3Switzerland11.6%
4Netherlands10.91%
5Ireland4.71%
6Denmark4.41%
7Sweden3.95%
8Spain3.82%
9Portugal2.49%
Industry sector
1Financials19.46%
2Industrials19.14%
3Consumer Goods17.02%
4Health Care13.28%
5Technology11.09%
6Consumer Services5.86%
7Telecommunications5.42%
8Oil & Gas4.97%
9Basic Materials2.37%
Asset type
1German Equities30.76%
2French Equities22.37%
3Swiss Equities11.6%
4Dutch Equities10.91%
5Irish Equities4.71%
6Danish Equities4.41%
7Swedish Equities3.95%
8Spanish Equities3.82%
9Portuguese Equities2.49%
Individual holdings
1ING GROEP NV3.72%
2ROCHE HLDG AG3.53%
3SAP SE3.35%
4INFINEON TECHNOLOGIES AG3.31%
5ASML HOLDING NV2.92%
6MERCK KGAA2.67%
7RYANAIR HLDGS2.61%
8UBISOFT ENTERTAINMENT2.58%
9TOTAL SA2.56%
Management
Fund manager group
Royal London Unit Tst Mgrs
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund objective
The fund seeks to achieve capital growth. A broadly based continental European equity fund drawing on the fund manager's growth style and a process driven by stock selection.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mike Fox14/10/2016Mike joined RLAM in August 2013 following the acquisition of The Co-operative Asset Management by the Royal London Group. He is Head of Sustainable Investments at RLAM. Mike became a fund manager in November 2003 when he took over managing the RL Sustainable Leaders Trust. Prior to this, Mike worked as a deputy fund manager at the Co-operative employee pension fund for two years and as an investment analyst for two years covering the utility, support services and media sectors. Mike originally trained and qualified as a chartered accountant with Ernst & Young in Manchester.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London European Growth A Acc
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price868.6
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRD15
Royal London European Growth M Acc
Initial charge-
Annual charge0.62%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price907.6
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeISS9
Data provided by

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