Fact sheet: SSgA MPF Eur ExUK Active Pn

Fund information
Fund name
SSgA MPF Europe Ex UK Active Pn
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Fund aims to outperform the FTSE® All- World Developed Europe ex UK Index by 200 basis points (bps), with a tracking error target of 300 to 400 bps per annum. It uses a systematic, risk-controlled security selection process while maintaining a risk profile similar to that of the benchmark.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
18.9%
1 Year rank in sector
30/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£198m (£164m 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
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

  • France25.6%
    Switzerland16.9%
    Germany16.8%
    Netherlands16.4%
    Italy6.2%
  • Industrials20.4%
    Consumer Goods19.7%
    Financials17.3%
    Health Care11%
    Basic Materials9.2%
  • French Equities25.6%
    Swiss Equities16.9%
    German Equities16.8%
    Dutch Equities16.4%
    Italian Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%4.5%13.7%18.9%32.4%96.9%
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector17 / 36935 / 36942 / 36830 / 35947 / 34049 / 312
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund16.4%12%-2.1%29.9%18.8%
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector38 / 35984 / 353274 / 34162 / 329167 / 311
Quartile1st1st4th1st3rd
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.
1.13
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.
1.02
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.
0.34
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%.
12.12
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.
4.16
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.
0.88
Price movement
52 week high2.96
52 week low2.16
Current bid price-
Current offer price-
Current mid price2.91
Region
1France25.62%
2Switzerland16.86%
3Germany16.77%
4Netherlands16.36%
5Italy6.24%
6Denmark4.58%
7Spain4.39%
8Finland3.94%
9Austria2.77%
Industry sector
1Industrials20.39%
2Consumer Goods19.72%
3Financials17.26%
4Health Care11.03%
5Basic Materials9.18%
6Oil & Gas6.61%
7Consumer Services6.39%
8Technology3.55%
9Utilities3.32%
Asset type
1French Equities25.62%
2Swiss Equities16.86%
3German Equities16.77%
4Dutch Equities16.36%
5Italian Equities6.24%
6Danish Equities4.58%
7Spanish Equities4.39%
8Finnish Equities3.94%
9Austrian Equities2.77%
Individual holdings
1UNILEVER NV3.95%
2TOTAL SA3.67%
3NESTLE SA3.65%
4ROCHE HLDG AG3.59%
5SWISS REINSURANCE3.56%
6PANDORA AS3.18%
7BNP PARIBAS2.85%
8ACTELION2.74%
9VINCI SA2.62%
Management
Fund manager group
State Street
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund objective
The Fund aims to outperform the FTSE® All- World Developed Europe ex UK Index by 200 basis points (bps), with a tracking error target of 300 to 400 bps per annum. It uses a systematic, risk-controlled security selection process while maintaining a risk profile similar to that of the benchmark.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SSgA MPF Europe Ex UK Active Pn
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 price2.9118
CurrencyGBP
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeFFR5
Data provided by

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