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
29.9%
1 Year rank in sector
59/365
Sector
PN Europe Excluding UK
Yield
-
Fund size
£230m (£175m 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.
114
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn49.4%
L&G Neptune European Opps Pn48.8%
Zurich Nept EuroOppsPn48.4%
Scot Eq Neptune Eur Opps Pn48.4%
OMW Neptune European Opps47.8%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France27.3%
    Germany18.2%
    Switzerland15.4%
    Netherlands13.7%
    Italy7.6%
  • Financials23%
    Industrials19.8%
    Consumer Goods16.2%
    Health Care11.1%
    Basic Materials9%
  • French Equities27.3%
    German Equities18.2%
    Swiss Equities15.4%
    Dutch Equities13.7%
    Italian Equities7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%5.4%10.8%29.9%41.4%112.4%
Sector2.2%6.3%8.6%25.6%33.7%92.1%
Rank within sector277 / 371270 / 37054 / 36959 / 36547 / 34341 / 317
Quartile3rd3rd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund8.2%21.3%12%-2.1%29.9%
Sector8%15.8%9.4%-0.2%25.6%
Rank within sector167 / 36939 / 35884 / 352274 / 34061 / 329
Quartile2nd1st1st4th1st
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.
1.57
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.
0.62
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%.
12.35
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.
4.22
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.
0.39
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 high3.3
52 week low2.4
Current bid price-
Current offer price-
Current mid price3.28
Region
1France27.29%
2Germany18.16%
3Switzerland15.36%
4Netherlands13.72%
5Italy7.6%
6Spain5.97%
7Denmark3.47%
8Austria3.19%
9Finland2.49%
Industry sector
1Financials23.03%
2Industrials19.76%
3Consumer Goods16.15%
4Health Care11.09%
5Basic Materials9%
6Oil & Gas6.7%
7Technology4.83%
8Consumer Services3.89%
9Utilities3.21%
Asset type
1French Equities27.29%
2German Equities18.16%
3Swiss Equities15.36%
4Dutch Equities13.72%
5Italian Equities7.6%
6Spanish Equities5.97%
7Danish Equities3.47%
8Austrian Equities3.19%
9Finnish Equities2.49%
Individual holdings
1TOTAL SA3.9%
2BNP PARIBAS3.31%
3ROCHE HLDG AG3.3%
4NESTLE SA3.17%
5SWISS REINSURANCE3.04%
6SIEMENS AG2.79%
7BAYER AG2.7%
8ST MICROELECTRONICS2.54%
9OMV AG2.37%
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 price3.2838
CurrencyGBP
Price updated26/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeFFR5
Data provided by

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