Fact sheet: SKAGEN Focus

Fund information
Fund name
SKAGEN Focus A
Fund manager company
SKAGEN
Fund type
Unit Trust
Fund managers
  • Jonas Edholmsince 05/01/2015
  • Filip Weintraubsince 05/01/2015
Fund objective
The Fund’s objective is to provide unit holders with the best possible long term risk adjusted return, through an actively managed concentrated portfolio of global equities.
Benchmark
No data available.
Investment style
Concentrated,Value
Investment method
Shares
Quick stats
1 Year return
34.8%
1 Year rank in sector
4/475
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.
1.6%
Fund size
£1,905m
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.
119
Top in this sector
Fund name1 Year
Dodge & Cox Gbl Stk43.8%
Heptagon Kprnk GblAlCpEq41.4%
T. Rowe Price GblFcsGrEq36.7%
RWC Global Horizon36.5%
SKAGEN Focus34.8%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA32.3%
    Korea12.6%
    Japan11.3%
    Germany8.5%
    Others6.8%
  • Financials18%
    Consumer Staples17.2%
    Telecommunications Utilities11.4%
    Information Technology10.4%
    Industrials8.4%
  • US Equities32.3%
    South Korean Equities12.6%
    Japanese Equities11.3%
    German Equities8.5%
    International Equities6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%1.3%8%34.8%--
Sector-0.1%4.6%6.8%14.8%20.9%50.7%
Rank within sector458 / 511450 / 508202 / 4974 / 475--
Quartile4th4th2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.4%36.8%---
Sector4.9%7.9%0.7%6%21.3%
Rank within sector443 / 5074 / 467---
Quartile4th1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.73
52 week low7.42
Current bid price-
Current offer price-
Current mid price10.36
Region
1USA32.3%
2Korea12.6%
3Japan11.3%
4Germany8.5%
5Others6.8%
6Money Market5.6%
7Italy5.1%
8China4.5%
9Brazil4.2%
Industry sector
1Financials18%
2Consumer Staples17.2%
3Telecommunications Utilities11.4%
4Information Technology10.4%
5Industrials8.4%
6Energy8.3%
7Materials8.3%
8Consumer Discretionary7%
9Money Market5.6%
Asset type
1US Equities32.3%
2South Korean Equities12.6%
3Japanese Equities11.3%
4German Equities8.5%
5International Equities6.8%
6Money Market5.6%
7Italian Equities5.1%
8Chinese Equities4.5%
9Brazilian Equities4.2%
Individual holdings
1AMERICAN INTERNATIONAL GROUP INC7.1%
2E-MART CO LTD4.54%
3TESORO CORP4.35%
4JBS SA4.23%
5TELECOM ITALIA SPA(NEW)4.18%
6TEVA PHARMACEUTICAL INDUSTRIES4.18%
7SOFTBANK GROUP CORP3.83%
8SBI HLDGS INC3.78%
9PHILIPS LIGHTING NV3.66%
Management
Fund manager group
SKAGEN
Fund manager company
SKAGEN
Fund type
Unit Trust
Fund objective
The Fund’s objective is to provide unit holders with the best possible long term risk adjusted return, through an actively managed concentrated portfolio of global equities.
Benchmark
No data available.
Investment style
Concentrated,Value
Investment method
Shares
Fund managers
NameSinceBiography
Jonas Edholm05/01/2015Jonas Edholm has more than 20 years experience. He is a Co-founder of Labrusca Family Office and have experience in launching new funds and working in startups. He did his MSc in Business and Economics from Uppsala University, Sweden.
Filip Weintraub05/01/2015Filip is the portfolio manager for SKAGEN Global. His area of responsibility is international portfolio management. Filip is a citizen of Sweden. He moved abroad as a child and has a BA in Economics, summa cum laude, from PLU in USA and is a qualified Chartered Financial Analyst. He has professional experience as financial analyst with Albina Fuel, portfolio manager for Crabbe Huson Group in Portland, U.S.A. and as portfolio manager / vice president of LF Capital in New York, U.S.A. Filip joined SKAGEN Funds in August 2001.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Germany, Denmark, Finland, United Kingdom, Ireland, Iceland, Luxembourg, Netherlands, Norway, Offshore, Sweden
SKAGEN Focus A
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3623
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCUU
SKAGEN Focus B
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.4186
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCUV
SKAGEN Focus C
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3977
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCUW
Data provided by

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