Fact sheet: SEB 2 Listed Priv Eq

Fund information
Fund name
SEB 2 Listed Private Equity C EUR
Fund manager company
SEB Asset Management SA
Fund type
Offshore Fund
Fund managers
  • Victor Langsince 22/09/2008
  • Emillo Dauvinsince 01/08/2013
Fund objective
The fund invests in listed private equity companies. The team applies a long term and value oriented investment manner, with independent and at times contrarian, views, similar to how it has invested in traditional unquoted private equity in the past. It aims to narrow down the vast number of opportunities to a limited set passing the initial screening criteria then conducting thorough due diligence and valuation analysis to identify mis-priced or undervalued prospects, where the team achieves a unique angle or insight.
Benchmark
  • VINX Benchmark Cap EUR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-9.9%
1 Year rank in sector
468/471
Sector
FO Equity - International
Yield
-
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.
1.62%
Fund size
£293m (£347m 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.
101
Top in this sector
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...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America51%
    International16%
    Europe14%
    Asia Pacific ex Japan9%
    Sweden6%
  • No data available.
  • North American Equities51%
    International Equities16%
    European Equities14%
    Asia Pacific ex Japan Equities9%
    Swedish Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%1.4%-1.8%-9.9%6.3%72.3%
Sector0.7%6%7.6%9.1%19.1%65.3%
Rank within sector394 / 494436 / 489478 / 482468 / 471321 / 373138 / 288
Quartile4th4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund-7.5%-0.1%8%34.5%23.4%
Sector6.1%0.7%6%21.3%12.7%
Rank within sector473 / 478262 / 433154 / 39020 / 3446 / 298
Quartile4th3rd2nd1st1st
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.
-2.94
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
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%.
12.05
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.
8
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.
-0.46
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.
0.56
Price movement
52 week high246.7
52 week low187.75
Current bid price-
Current offer price-
Current mid price213.33
Region
1North America51%
2International16%
3Europe14%
4Asia Pacific ex Japan9%
5Sweden6%
6Global Emerging Markets4%
Industry sector
No data available.
Asset type
1North American Equities51%
2International Equities16%
3European Equities14%
4Asia Pacific ex Japan Equities9%
5Swedish Equities6%
6Global Emerging Market Equities4%
Individual holdings
No data available.
Management
Fund manager group
SEB Asset Management
Fund manager company
SEB Asset Management SA
Fund type
Offshore Fund
Fund objective
The fund invests in listed private equity companies. The team applies a long term and value oriented investment manner, with independent and at times contrarian, views, similar to how it has invested in traditional unquoted private equity in the past. It aims to narrow down the vast number of opportunities to a limited set passing the initial screening criteria then conducting thorough due diligence and valuation analysis to identify mis-priced or undervalued prospects, where the team achieves a unique angle or insight.
Benchmark
  • VINX Benchmark Cap EUR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Victor Lang22/09/2008Swedish-born Victor Lang graduated from Berkeley and holds professional qualifications in private equity investing, corporate finance and consulting. He currently implements a value-driven style over his private equity funds at SEB. Victor uses both public and private sector firms as a benchmark, weighing up the potential for operational improvement of a company against its current price. He cites volatile markets as the best environment for performance, and employs cash strategically with a minimal usage of derivatives. Away from investment management, Victor enjoys football, skiing and music.
Emillo Dauvin01/08/2013
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Estonia, Finland, United Kingdom, Italy, Lithuania, Luxembourg, Latvia, Norway, Offshore, Singapore, Sweden
SEB 2 Listed Private Equity C EUR
Initial charge1%
Annual charge1.5%
Min single investment£250
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)3.42%
Bid price-
Offer price-
Mid price213.333
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDMK3
SEB 2 Listed Private Equity C EUR NOK
Initial charge1%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1943.4594
CurrencyNOK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQR9
SEB 2 Listed Private Equity C EUR SEK
Initial charge1%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2046.35
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGY9
SEB 2 Listed Private Equity C H SGD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.036
CurrencySGD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFISX
SEB 2 Listed Private Equity I C EUR
Initial charge-
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price141.946
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEVV0
SEB 2 Listed Private Equity I C EUR NOK
Initial charge-
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1293.1225
CurrencyNOK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQS3
SEB 2 Listed Private Equity I C EUR SEK
Initial charge-
Annual charge0.5%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1361.583
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGZ0
SEB 2 Listed Private Equity I D EUR
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price115.685
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDMK4
SEB 2 Listed Private Equity I D EUR NOK
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1053.8862
CurrencyNOK
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQS1
SEB 2 Listed Private Equity I D EUR SEK
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1109.681
CurrencySEK
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEVV1
SEB 2 Listed Private Equity ID H SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.783
CurrencySEK
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9FZ
Data provided by

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