Fact sheet: SIP Ignis Argonaut Euro Inc Pn

Fund information
Fund name
SIP Ignis Argonaut European Income Pn S8
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund managers
  • Olly Russsince 15/12/2005
Underlying fund
Liontrust European Income
Fund objective
The investment objective of the Liontrust European Income Fund is to provide a high level of income, in order to meet this objective, it is intended that the yield of the Fund (the sum of all net distributions in an accounting period divided by the unit price at the end of said period) will be in excess of the net yield of the MSCI Europe ex UK Index each year but this cannot be guaranteed and the yield may also be adjusted in the light of market conditions although it is not expected that this will be a regular occurrence.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.3%
1 Year rank in sector
299/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£0m (£0m 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.
102
Bid price
161.4
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn28.2%
Scot Eq Neptune Eur Opps Pn28.2%
RLP EurSpl(NeptuneEurpOpp)Pn27.2%
Guardian Choices European Pn26.3%
SIP Neptune Eurpn Opps Pn25.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany20.4%
    France18.5%
    Sweden14%
    Switzerland11.6%
    Italy9.5%
  • Financials29%
    Industrials14%
    Health Care9.8%
    Consumer Discretionary9.5%
    Consumer Staples7.5%
  • German Equities20.4%
    French Equities18.5%
    Swedish Equities14%
    Swiss Equities11.6%
    Italian Equities9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%1.8%5.8%8.3%23.7%68.3%
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector183 / 36979 / 369300 / 368299 / 359209 / 340228 / 312
Quartile2nd1st4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.4%10.2%0.7%25.3%16.4%
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector289 / 359119 / 353119 / 341168 / 329254 / 311
Quartile4th2nd2nd3rd4th
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.
-0.1
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.
0.89
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.
0.19
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%.
10.78
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.
4.36
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.
-0.19
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.
0.84
Price movement
52 week high168.6
52 week low133.2
Current bid price161.4
Current offer price-
Current mid price-
Region
1Germany20.44%
2France18.48%
3Sweden13.98%
4Switzerland11.57%
5Italy9.49%
6Norway8.03%
7Spain4.68%
8Ireland3.54%
9Money Market2.88%
Industry sector
1Financials29.05%
2Industrials13.99%
3Health Care9.84%
4Consumer Discretionary9.53%
5Consumer Staples7.5%
6Telecommunications Utilities6.49%
7Utilities6.09%
8Real Estate5.42%
9Materials4.8%
Asset type
1German Equities20.44%
2French Equities18.48%
3Swedish Equities13.98%
4Swiss Equities11.57%
5Italian Equities9.49%
6Norwegian Equities8.03%
7Spanish Equities4.68%
8Irish Equities3.54%
9Money Market2.88%
Individual holdings
1DEUTSCHE POST AG3.54%
2RYANAIR HLDGS3.54%
3SWEDBANK AB3.45%
4DAIMLER AG3.31%
5VINCI SA3.27%
6TRASMISSIONE ELETTRICITA RETE NAZIO3.14%
7ROCHE HLDG AG3.02%
8ENDESA SA2.95%
9NOVARTIS AG2.89%
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund objective
The investment objective of the Liontrust European Income Fund is to provide a high level of income, in order to meet this objective, it is intended that the yield of the Fund (the sum of all net distributions in an accounting period divided by the unit price at the end of said period) will be in excess of the net yield of the MSCI Europe ex UK Index each year but this cannot be guaranteed and the yield may also be adjusted in the light of market conditions although it is not expected that this will be a regular occurrence.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Olly Russ15/12/2005Oliver Russ graduated from Oxford University in 1996 with a first class honours degree in Classics. He holds the CFA charter, has successfully completed the IIMR examinations, and is a Member of the Chartered Institute for Securities and Investment. He joined investment boutique Orbitex in 1998, where he worked on European Equity and UK Income funds, and was responsible for running the Orbitex UK Equity Fund from its inception in March 2000. In 2002 Oliver moved to Invicta Investment Management, a privately owned hedge fund, before joining Neptune Investment Management in April 2004 as a fund manager and financial analyst. Oliver is the lead manager of the Argonaut European Income Fund, launched in December 2005, and is also the lead manager of the Argonaut European Enhanced Income Fund launched in May 2010.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SIP Ignis Argonaut European Income Pn S6
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price146.1
Offer price153.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeO246
SIP Ignis Argonaut European Income Pn S7
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price149.8
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeO242
SIP Ignis Argonaut European Income Pn S8
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price161.4
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO244
Data provided by

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