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
27.8%
1 Year rank in sector
7/471
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.
1.6%
Fund size
£1,410m
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.
120
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

  • USA32%
    Japan12.3%
    Korea11.5%
    Germany10.9%
    Others7%
  • Consumer Staples20.8%
    Financials19.9%
    Information Technology11.5%
    Materials10.4%
    Industrials9.3%
  • US Equities32%
    Japanese Equities12.3%
    South Korean Equities11.5%
    German Equities10.9%
    International Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1.1%19.5%27.8%--
Sector2.2%-0.7%4%4%15.1%51.4%
Rank within sector362 / 500156 / 49612 / 4867 / 471--
Quartile3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund28.6%----
Sector4.8%0.7%6%21.3%12.7%
Rank within sector6 / 475----
Quartile1st
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 high10.13
52 week low6.45
Current bid price-
Current offer price-
Current mid price9.51
Region
1USA32%
2Japan12.3%
3Korea11.5%
4Germany10.9%
5Others7%
6Money Market6.9%
7China4.3%
8Brazil4%
9Netherlands3.5%
Industry sector
1Consumer Staples20.8%
2Financials19.9%
3Information Technology11.5%
4Materials10.4%
5Industrials9.3%
6Telecommunications Utilities7.4%
7Money Market6.9%
8Energy5.2%
9Health Care5%
Asset type
1US Equities32%
2Japanese Equities12.3%
3South Korean Equities11.5%
4German Equities10.9%
5International Equities7%
6Money Market6.9%
7Chinese Equities4.3%
8Brazilian Equities4%
9Dutch Equities3.5%
Individual holdings
1AMERICAN INTERNATIONAL GROUP INC7.65%
2SOFTBANK GROUP CORP4.35%
3INFINEON TECHNOLOGIES AG4.1%
4JBS SA3.99%
5SBI HLDGS INC3.96%
6TAIHEIYO CEMENT CORP3.96%
7TEVA PHARMACEUTICAL INDUSTRIES3.32%
8SCHAEFFLER AG3.25%
9PHILIPS LIGHTING NV3.23%
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 price9.5145
CurrencyGBP
Price updated05/12/2016
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 price9.5568
CurrencyGBP
Price updated05/12/2016
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 price9.543
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCUW
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.