Fact sheet: SWMC European

Fund information
Fund name
SWMC European A USD
Fund manager company
SW Mitchell Capital
Fund type
OEIC
Fund manager
  • Stuart Mitchellsince 01/11/2011
Fund objective
The investment objective of this Fund is to general long term capital growth for investors, primarily by investing both long and short in European equities.
Benchmark
No data available.
Investment style
Absolute Return,Concentrated
Investment method
Shares
Quick stats
1 Year return
-11%
1 Year rank in sector
127/131
Sector
FO Absolute Return
Yield
-
Fund size
£65m
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.
132
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • France42.5%
    Germany19.2%
    UK17.1%
    Italy10%
    Spain6.4%
  • Financials18.5%
    Health Care14.9%
    Consumer Goods14.7%
    Industrials13.7%
    Consumer Services11%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%0.2%-2.2%-11%-7%13.7%
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector3 / 14058 / 140120 / 138127 / 13179 / 8323 / 63
Quartile1st2nd4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund-11.2%5.7%-4.2%--
Sector0.3%0.7%1.2%3.6%3.9%
Rank within sector127 / 13121 / 11582 / 87--
Quartile4th1st4th
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.
-7.8
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.
6.7
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.
-0.01
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%.
15.07
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.
13.63
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.
-0.36
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 high121.64
52 week low91.76
Current bid price-
Current offer price-
Current mid price106.61
Region
1France42.5%
2Germany19.2%
3UK17.1%
4Italy10%
5Spain6.4%
6Sweden3.2%
7Money Market1.6%
Industry sector
1Financials18.5%
2Health Care14.9%
3Consumer Goods14.7%
4Industrials13.7%
5Consumer Services11%
6Telecommunications10.9%
7Technology10.2%
8Basic Materials4.5%
9Money Market1.6%
Asset type
No data available.
Individual holdings
1ST MICROELECTRONICS5.5%
2SAP SE4.7%
3EUROFINS SCIENTIFIC4.6%
4VALLOUREC SA4.5%
5DEUTSCHE TELEKOM AG4.4%
6LEGRAND PROMESSE4.1%
7AMADEUS IT GROUP SA3.9%
8ORPEA3.8%
9VWD VEREINIGTE WIRTSCHAFTSDIENSTE3.8%
Management
Fund manager group
SW Mitchell Capital
Fund manager company
SW Mitchell Capital
Fund type
OEIC
Fund objective
The investment objective of this Fund is to general long term capital growth for investors, primarily by investing both long and short in European equities.
Benchmark
No data available.
Investment style
Absolute Return,Concentrated
Investment method
Shares
Fund manager
NameSinceBiography
Stuart Mitchell01/11/2011Stuart is the Managing Partner and CIO of S. W. Mitchell Capital and the Investment Manager of three funds; the Charlemagne Fund, the S. W. Mitchell European Fund and the SWMC European Fund, as well as a number of managed accounts. Prior to founding SWMC in 2005 Stuart was a Principal, Director and Head of Specialist Equities at JO Hambro Investment Management (JOHIM, now Waverton Investment Management). At JOHIM he set up and managed the Charlemagne Fund, a long/short European fund, and the JOHIM European Fund, a long only European fund. The JOHIM European Fund rose by 133% since inception in December 1998 until March 2005 compared with 8% for the benchmark index and was number 1 rated by Micropal within its sector and three star ranked by S&P. Upon leaving university in 1987 Stuart joined Morgan Grenfell Asset Management (MGAM) and soon afterwards assumed responsibility for managing the continental European equity assets for MGAM’s British pension fund clients. Stuart was appointed a director of MGAM in 1996. He was then made Head of European Equities and was responsible for $27 billion of equity assets. Whilst at MGAM he managed the Morgan Grenfell European Fund which rose by 123% from January 1990 to June 1996 compared with 85% for the benchmark index and was awarded 1st place by Micropal (5 year awards) in 1996. Stuart was born in Scotland and educated at Fettes College and St. Andrews University where he read Medieval History. He is also a graduate of the Owner/President Management programme from the Harvard Business School. Stuart speaks English and French.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland
SWMC European A USD
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 price106.6064
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDJK
SWMC European B EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13658.3453
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGSGG
SWMC European B GBP
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12390.8208
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGSGH
SWMC European B USD
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 price11955.6525
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIB2X
SWMC European C USD
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 price11964.2542
CurrencyUSD
Price updated07/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeN9OS
Data provided by

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