Fact sheet: SSgA EMU Equity

Fund information
Fund name
SSgA EMU Equity P Dis EUR
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund managers
  • State Street Global Advisors France SAsince 21/01/2009
  • Eric Chatronsince 21/01/2009
Fund objective
The Sub-fundseeks to provide an investment return in excess of the performance ofMSCI EMU Index (the Index )(the Index ) over the long term.
Benchmark
  • MSCI EMU
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
4.1%
1 Year rank in sector
59/98
Sector
FO Equity - Europe ex UK
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
£82m (£108m 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.
109
Top in this sector
Fund name1 Year
J Chahine Dgtl Str Eur Ex UK35%
Oyster Cont Euro Select34.3%
Waverton European Income31.5%
Hermes ErEUKEq29.9%
Guinness European Eq Inc29%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • France38.9%
    Germany25.1%
    Netherlands15.2%
    Spain7.2%
    Italy7%
  • Industrials20%
    Financials19.7%
    Consumer Staples13.3%
    Materials11.1%
    Consumer Discretionary8.4%
  • French Equities38.9%
    German Equities25.1%
    Dutch Equities15.2%
    Spanish Equities7.2%
    Italian Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%8.1%3%4.1%15.6%58.7%
Sector0.5%7.7%5.4%6.3%22.5%75.2%
Rank within sector61 / 10436 / 10370 / 10259 / 9859 / 8769 / 80
Quartile3rd2nd3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-5.9%13.2%-0.2%23.6%17.8%
Sector-1%12.7%3.5%23.2%17.8%
Rank within sector80 / 10133 / 9369 / 9045 / 8461 / 81
Quartile4th2nd4th3rd4th
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.
-3.25
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.
1.27
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.
0.22
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%.
16.03
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.
4.79
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.
-0.28
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.
0.95
Price movement
52 week high10.09
52 week low7.79
Current bid price-
Current offer price-
Current mid price9.01
Region
1France38.85%
2Germany25.09%
3Netherlands15.22%
4Spain7.23%
5Italy7%
6Finland4.63%
7Austria1.32%
8Belgium0.66%
Industry sector
1Industrials19.95%
2Financials19.65%
3Consumer Staples13.29%
4Materials11.1%
5Consumer Discretionary8.36%
6Energy7.31%
7Information Technology6.04%
8Health Care5.24%
9Telecommunications4.99%
Asset type
1French Equities38.85%
2German Equities25.09%
3Dutch Equities15.22%
4Spanish Equities7.23%
5Italian Equities7%
6Finnish Equities4.63%
7Austrian Equities1.32%
8Belgian Equities0.66%
Individual holdings
1TOTAL SA4.83%
2UNILEVER NV4.71%
3AXA3.38%
4DEUTSCHE TELEKOM AG3.2%
5RENAULT(REGIE NATIONALE DES USINES)3.12%
6BNP PARIBAS2.98%
7ALLIANZ SE2.85%
8VINCI SA2.83%
9FRESENIUS SE & CO KGAA2.74%
Management
Fund manager group
State Street
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund objective
The Sub-fundseeks to provide an investment return in excess of the performance ofMSCI EMU Index (the Index )(the Index ) over the long term.
Benchmark
  • MSCI EMU
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
State Street Global Advisors France SA21/01/2009
Eric Chatron21/01/2009
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Sweden
SSgA EMU Equity I EUR
Initial charge3%
Annual charge0.5%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price21.1903
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKG5
SSgA EMU Equity P Dis EUR
Initial charge3%
Annual charge1.5%
Min single investment£50
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price9.0055
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMBUI
SSgA EMU Equity P EUR
Initial charge3%
Annual charge1.5%
Min single investment£50
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price8.6677
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC4J
Data provided by

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