Fact sheet: Royal London Eurpn Opp

Fund information
Fund name
Royal London European Opportunities M Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund managers
  • Mike Foxsince 29/09/2016
Fund objective
The investment objective and policy of the Fund is to achieve capital growth by investing in a concentratedportfolio of predominantly European company shares with the potential for above average growth. The Fundmay also invest in other transferable securities, collective investment schemes, government and public securities, deposits and cash (for the purposes of EPM and redemption of units). It may hold derivatives for thepurposes of EPM only.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.5%
1 Year rank in sector
60/96
Sector
UT Europe Excluding UK
Yield
2%
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.
0.74%
Fund size
£291m (£324m 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.
112
Mid price
151.9
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap32.6%
Liontrust European Growth20.2%
Neptune European Opps19.2%
Aviva Inv Euro Equity MoM 218.9%
FP CRUX Eurpn Spl Sits16.7%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany24.1%
    France20.6%
    Netherlands16.5%
    Switzerland16.4%
    Denmark6.5%
  • No data available.
  • German Equities24.1%
    French Equities20.6%
    Dutch Equities16.5%
    Swiss Equities16.4%
    Danish Equities6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-1.5%7.7%8.5%14.4%63.2%
Sector-6.5%-1.4%7.6%9.3%18.2%74.6%
Rank within sector32 / 10150 / 10051 / 9960 / 9676 / 8771 / 79
Quartile2nd2nd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7.6%7.1%-1.8%25.7%15.9%
Sector8%9.1%-0.7%27.3%19.2%
Rank within sector57 / 9866 / 9164 / 8744 / 8167 / 79
Quartile3rd3rd3rd3rd4th
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.
-1.48
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.
1.05
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.
0.3
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%.
11.13
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.
2.88
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.
-0.4
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.
0.93
Price movement
52 week high163.9
52 week low124
Current bid price-
Current offer price-
Current mid price151.9
Region
1Germany24.1%
2France20.6%
3Netherlands16.5%
4Switzerland16.4%
5Denmark6.5%
6Spain4.2%
7Portugal3.7%
8Belgium2.1%
9Italy2.1%
Industry sector
No data available.
Asset type
1German Equities24.1%
2French Equities20.6%
3Dutch Equities16.5%
4Swiss Equities16.4%
5Danish Equities6.5%
6Spanish Equities4.2%
7Portuguese Equities3.7%
8Belgian Equities2.1%
9Italian Equities2.1%
Individual holdings
1ROCHE HLDG AG5.4%
2ING GROEP N.V.5.2%
3NOVARTIS AG5%
4FERROVIAL SA4.2%
5INFINEON TECHNOLOGIES AG4.1%
6SAP SE4%
7UNILEVER3.8%
8ALLIANZ SE3.1%
9ASML HOLDING NV3.1%
Management
Fund manager group
Royal London Unit Tst Mgrs
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund objective
The investment objective and policy of the Fund is to achieve capital growth by investing in a concentratedportfolio of predominantly European company shares with the potential for above average growth. The Fundmay also invest in other transferable securities, collective investment schemes, government and public securities, deposits and cash (for the purposes of EPM and redemption of units). It may hold derivatives for thepurposes of EPM only.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mike Fox29/09/2016Mike 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 Opportunities A Acc
Initial charge4%
Annual charge1.4%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price125.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDAZ5
Royal London European Opportunities M Acc
Initial charge-
Annual charge0.7%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price151.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDMQ0
Data provided by

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