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
  • Emilio Dauvinsince 03/09/2013
  • Victor Langsince 21/09/2008
Fund objective
This equity fund invests in listed private equity companies and portfolios as well as in listed companies which have a private equity as a minority owner. The investments are made globally and don't follow any specific global allocation. The fund consists normally between 20 to 30 holdings. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • VINX Benchmark Cap EUR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-3.8%
1 Year rank in sector
426/471
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
£253m (£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.
110
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq41.2%
Schroder ISF Gbl Rec34.3%
Dodge & Cox Gbl Stk31.1%
Morg Stnly Global Discovery28.8%
Vanguard Gbl Small-Cap Idx28.8%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America54%
    Europe11%
    Asia Pacific ex Japan9%
    Money Market9%
    Sweden8%
  • No data available.
  • North American Equities54%
    European Equities11%
    Asia Pacific ex Japan Equities9%
    Money Market9%
    Swedish Equities8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8%5.2%7.6%-3.8%9.5%73%
Sector2.2%-0.7%4%4%15.1%51.4%
Rank within sector27 / 50038 / 496140 / 486426 / 471247 / 38483 / 287
Quartile1st1st2nd4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-1.2%-0.1%8%34.5%23.4%
Sector4.8%0.7%6%21.3%12.7%
Rank within sector396 / 475262 / 427152 / 38718 / 3386 / 289
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.
-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.
0.94
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%.
12.67
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.
9.05
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.
-0.15
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.
0.49
Price movement
52 week high238.24
52 week low187.75
Current bid price-
Current offer price-
Current mid price227.82
Region
1North America54%
2Europe11%
3Asia Pacific ex Japan9%
4Money Market9%
5Sweden8%
6International6%
7Global Emerging Markets3%
Industry sector
No data available.
Asset type
1North American Equities54%
2European Equities11%
3Asia Pacific ex Japan Equities9%
4Money Market9%
5Swedish Equities8%
6International Equities6%
7Global Emerging Market Equities3%
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
This equity fund invests in listed private equity companies and portfolios as well as in listed companies which have a private equity as a minority owner. The investments are made globally and don't follow any specific global allocation. The fund consists normally between 20 to 30 holdings. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • VINX Benchmark Cap EUR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Emilio Dauvin03/09/2013
Victor Lang21/09/2008Swedish-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.
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 price227.821
CurrencyEUR
Price updated05/12/2016
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 price2046.2161
CurrencyNOK
Price updated05/12/2016
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 price2235.889
CurrencySEK
Price updated05/12/2016
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 price103.745
CurrencySGD
Price updated05/12/2016
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 price151.903
CurrencyEUR
Price updated05/12/2016
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 price1364.3476
CurrencyNOK
Price updated05/12/2016
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 price1490.815
CurrencySEK
Price updated05/12/2016
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 price123.677
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
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 price1110.8275
CurrencyNOK
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
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 price1213.795
CurrencySEK
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
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 price118.303
CurrencySEK
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9FZ
Data provided by

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