Fact sheet: SKAGEN Global II

Fund information
Fund name
SKAGEN Global II GBP
Fund manager company
SKAGEN
Fund type
No data available.
Fund managers
  • Kristian Falnessince 17/10/2003
  • Johan Swahnsince 01/03/2014
  • Søren Milo Christensensince 17/10/2003
  • Knut Gezeliussince 17/10/2003
  • Chris-Tommy Simonsensince 17/10/2003
Fund objective
The funds objective is to provide unit holders with the best possible risk adjusted return, through an actively managed portfolio of global equities. SKAGEN Global II has the same investment strategy as SKAGEN Global. The fund is an actively managed fund with a global investment mandate. The funds strategy is to find low-priced, high-quality companies that are undervalued, under-researched and unpopular. To reduce risk, the fund seeks to maintain a reasonable geographic and sectoral balance.
Benchmark
  • MSCI All Country World DTR Net
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
32.9%
1 Year rank in sector
24/473
Sector
FO Equity - International
Yield
-
Fund size
£638m (£818m 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.
91
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq54%
Sanlam Prv Wlt Glbl HgQul42.1%
SKAGEN Focus40.7%
T. Rowe Price GblFcsGrEq39.9%
Veritas Global Equity Income38.1%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA41.8%
    Netherlands10.9%
    UK7.5%
    Money Market6.5%
    Others6.4%
  • Financials19.1%
    Industrials19.1%
    Consumer Discretionary13.9%
    Health Care13.9%
    Information Technology12.8%
  • US Equities41.8%
    Dutch Equities10.9%
    UK Equities7.5%
    Money Market6.5%
    International Equities6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%13.5%17.2%32.9%25.5%76.5%
Sector0.6%7.5%8.1%11.3%19%61.2%
Rank within sector240 / 49511 / 49045 / 48524 / 473135 / 375102 / 288
Quartile2nd1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund16.7%3.7%-0.4%18.3%13.2%
Sector5.7%0.7%6%21.3%12.7%
Rank within sector62 / 479159 / 433341 / 390265 / 344159 / 298
Quartile1st2nd4th4th3rd
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.
1.18
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.
0.99
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.
0.4
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%.
11.95
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.
6.89
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.
0.13
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.
0.67
Price movement
52 week high430516.77
52 week low321858.32
Current bid price-
Current offer price-
Current mid price423364.05
Region
1USA41.8%
2Netherlands10.9%
3UK7.5%
4Money Market6.5%
5Others6.4%
6France4.5%
7Switzerland4.5%
8Korea4.3%
9Hong Kong4.1%
Industry sector
1Financials19.1%
2Industrials19.1%
3Consumer Discretionary13.9%
4Health Care13.9%
5Information Technology12.8%
6Money Market6.5%
7Materials5.1%
8Consumer Staples4.8%
9Telecommunications Utilities2.1%
Asset type
1US Equities41.8%
2Dutch Equities10.9%
3UK Equities7.5%
4Money Market6.5%
5International Equities6.4%
6French Equities4.5%
7Swiss Equities4.5%
8South Korean Equities4.3%
9Hong Kong Equities4.1%
Individual holdings
1AMERICAN INTERNATIONAL GROUP INC6.68%
2CITIGROUP INC5.7%
3ROCHE HLDG AG4.46%
4GENERAL ELECTRIC CO.4.31%
5SAMSUNG ELECTRONICS CO4.3%
6MERCK & CO INC(NEW)4.24%
7CHEUNG KONG(HLDGS)4.14%
8MICROSOFT CORP3.55%
9G4S PLC3.49%
Management
Fund manager group
SKAGEN
Fund manager company
SKAGEN
Fund type
No data available.
Fund objective
The funds objective is to provide unit holders with the best possible risk adjusted return, through an actively managed portfolio of global equities. SKAGEN Global II has the same investment strategy as SKAGEN Global. The fund is an actively managed fund with a global investment mandate. The funds strategy is to find low-priced, high-quality companies that are undervalued, under-researched and unpopular. To reduce risk, the fund seeks to maintain a reasonable geographic and sectoral balance.
Benchmark
  • MSCI All Country World DTR Net
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Kristian Falnes17/10/2003Kristian is the portfolio manager for SKAGEN Vekst. He carries out macro and company research, is in daily contact with brokers and analysts and carries out company visits. He has a Bachelor of Commerce from BI and has since qualified as an Authorised Financial Analyst (AFA). Previously, Kristian has worked as controller for Block-Watne, financial analyst/broker for SR-Fonds and portfolio manager for Lærdal Finans. He joined SKAGEN Funds in 1997.
Johan Swahn01/03/2014Johan Swahn joined SKAGEN in March 2014. He is the portfolio manager of the equity fund SKAGEN Global. He participates in the ongoing management of the funds and conducts global company research.Johan has laso worked as a Portfolio Manager, Stena. He has completed his education in M.Sc In Business Administration and Economics, Gothenburg School of Business Economics and Law.
Søren Milo Christensen17/10/2003Søren Milo Christensen joined SKAGEN in May 2010. He is the portfolio manager of the equity fund SKAGEN Global. He participates in the ongoing management of the funds and conducts global company research. He also worked as a portfolio manager in BankInvest. Søren has completed his Bachelor in Economics and Business Administration from Copenhagen Business School and MSc in Finance from Copenhagen Business School.
Knut Gezelius17/10/2003Knut Gezelius joined SKAGEN in May 2014. He is the portfolio manager of the equity fund SKAGEN Global. He participates in ongoing management of the funds. Knut started his career as a Diplomat/Secretary Archivist, Embassy of Sweden, Moscow, Russian Federation and then he worked as an Senior Consultant, Applied Value Group, Boston, USA. He moved on to be the Senior Lead Analyst, Energy Management Organization, Entergy Corporation, Houston, USA and then he was the Executive Director, Global Equity, Goldman Sachs Asset Management (GSAM), London, UK..Knut Gezelius has completed his BSc. & MSc. in Nuclear Engineering, Massachusetts Institute of Technology (MIT), USA and MBA, INSEAD, France/Singapore. He has done his Swedish Defense Language Institute (Tolkskolan), Sweden and is also a CFA Charterholder.
Chris-Tommy Simonsen17/10/2003Chris-Tommy Simonsen joined SKAGEN in April 2006. He is the portfolio manager/trader for the equity fund SKAGEN Global. He participates in the ongoing management of the funds and conducts global company research. He works in the SKAGEN: Securities Settlement. Chris - Tommy has also worked as a settlement associate/manager for Christiania Securities ASA in Oslo (2000-2006). He has done his Master's degree in Commerce from the Agder Regional College.
Compliance
Reporting Fund Status, UCITS III Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Denmark, Finland, United Kingdom, Ireland, Iceland, Luxembourg, Netherlands, Norway, Sweden
SKAGEN Global II GBP
Initial charge-
Annual charge0.6%
Min single investment£25
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price423364.0523
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code-
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