Fact sheet: SIP S&W European Growth Trust Pn

Fund information
Fund name
SIP S&W European Growth Trust Pn S8
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund managers
  • Giles Worthingtonsince 17/11/2014
Underlying fund
Smith & Williamson European Eq
Fund objective
The objective of the Trust is to achieve long term growth of capital primarily through investment in Europe. The Manager may invest in transferable securities, including warrants, in European and other exchanges as well as collective investment schemes, money market instruments, deposits and cash and near cash. The Manager’s policy in order to achieve the Trust’s objective will be to invest in established companies in those sectors where the Manager believes there to be good prospects for above average growth and also those companies which can best take advantage of economic opportunities. The Manager’s investment policy will be to invest primarily in European equities but also, from time to time, in companies that can take advantage of economic conditions worldwide. The Manager is able to invest in companies of all sizes. The Manager’s investment policy may mean that at times it may be appropriate for the Trust not to be fully invested but to hold cash or near cash. In the light of extreme market conditions, the Manager may raise or reduce the liquidity of the Trust from normal working levels. The Manager may hedge transactions against price or currency fluctuations by back-to-back foreign currency borrowings against sterling or by suitable transactions permitted for hedging. The extent will depend upon the circumstances. The Manager does not envisage that they will enter into hedging transactions to a major extent.
Benchmark
  • MSCI Europe ex UK GR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
6.8%
1 Year rank in sector
335/359
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.
107
Bid price
143.4
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

  • France32.7%
    Germany17.4%
    Switzerland13.4%
    Ireland9.2%
    Money Market7.8%
  • Consumer Discretionary26.7%
    Industrials24.1%
    Information Technology15%
    Health Care11.4%
    Money Market7.8%
  • French Equities32.7%
    German Equities17.4%
    Swiss Equities13.4%
    Irish Equities9.2%
    Money Market7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.4%-3.5%4.1%6.8%16.8%81.5%
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector336 / 369329 / 369342 / 368335 / 359327 / 340120 / 312
Quartile4th4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.8%11.8%-3.9%36%26.8%
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector337 / 35992 / 353310 / 34134 / 32913 / 311
Quartile4th2nd4th1st1st
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.
-2.4
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.
0.03
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%.
12.51
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.
5.07
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.
-0.47
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.
0.83
Price movement
52 week high154.4
52 week low119.8
Current bid price143.4
Current offer price-
Current mid price-
Region
1France32.7%
2Germany17.4%
3Switzerland13.4%
4Ireland9.2%
5Money Market7.8%
6Denmark7.7%
7Netherlands6.5%
8Italy2.8%
9Norway2.5%
Industry sector
1Consumer Discretionary26.7%
2Industrials24.1%
3Information Technology15%
4Health Care11.4%
5Money Market7.8%
6Consumer Staples5.3%
7Financials4.9%
8Materials4.8%
Asset type
1French Equities32.7%
2German Equities17.4%
3Swiss Equities13.4%
4Irish Equities9.2%
5Money Market7.8%
6Danish Equities7.7%
7Dutch Equities6.5%
8Italian Equities2.8%
9Norwegian Equities2.5%
Individual holdings
1PANDORA AS8.3%
2INDEPENDENT NEWS & MEDIA6.5%
3TELEPERFORMANCE5.6%
4GIVAUDAN SA5.2%
5ALTEN4.8%
6LEGRAND PROMESSE4.4%
7SAP SE4.4%
8ORPEA4.1%
9ROCHE HLDG AG4.1%
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund objective
The objective of the Trust is to achieve long term growth of capital primarily through investment in Europe. The Manager may invest in transferable securities, including warrants, in European and other exchanges as well as collective investment schemes, money market instruments, deposits and cash and near cash. The Manager’s policy in order to achieve the Trust’s objective will be to invest in established companies in those sectors where the Manager believes there to be good prospects for above average growth and also those companies which can best take advantage of economic opportunities. The Manager’s investment policy will be to invest primarily in European equities but also, from time to time, in companies that can take advantage of economic conditions worldwide. The Manager is able to invest in companies of all sizes. The Manager’s investment policy may mean that at times it may be appropriate for the Trust not to be fully invested but to hold cash or near cash. In the light of extreme market conditions, the Manager may raise or reduce the liquidity of the Trust from normal working levels. The Manager may hedge transactions against price or currency fluctuations by back-to-back foreign currency borrowings against sterling or by suitable transactions permitted for hedging. The extent will depend upon the circumstances. The Manager does not envisage that they will enter into hedging transactions to a major extent.
Benchmark
  • MSCI Europe ex UK GR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Giles Worthington17/11/2014Giles joined Smith & Williamson in November 2014 to manage the S&W European Growth Trust. Giles joined from RiverCrest Capital where he managed the RiverCrest European Equity Alpha between 2011 and 2014. Prior to this Giles was at M&G from 2000-2011, initially managing the European Smaller Companies fund until 2003 when he was appointed to run the Pan European Fund. Giles was promoted to Head of European Equities in 2007. Giles graduated from the University of Oxford with a Masters Degree in Modern History.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SIP S&W European Growth Trust Pn S6
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price135.2
Offer price142.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code096A
SIP S&W European Growth Trust 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 price137.2
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code096B
SIP S&W European Growth Trust Pn S8
Initial charge-
Annual charge1.11%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price143.4
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code096C
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