Fact sheet: Scot Eq Fidelity Eurpn OppPn

Fund information
Fund name
Scot Eq Fidelity European Opportunities Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Alberto Chiandettisince 30/09/2014
Underlying fund
Fidelity European Opps
Fund objective
This fund aims to achieve long-term capital growth from a portfolio made up mainly of the shares of continental European companies. The portfolio will consist of a blend of investments in larger, medium-sized and smaller companies. However, the fund manager isn’t restricted in the choice of company either by size or industry, or in terms of the geographical split of the portfolio, which is largely determined by the availability of attractive investment opportunities rather than the outlook for each market. The fund is managed by Fidelity, one of our investment managers.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.9%
1 Year rank in sector
248/358
Sector
PN Europe Excluding UK
Yield
-
Fund size
£5m (£5m 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.
104
Bid price
147.1921
Offer price
154.9391
Top in this sector
Fund name1 Year
OMW Old Mut Euro (ex UK) Sm Cos28.1%
OMW Henderson Euro Sm Cos24.3%
SIP Hend Eurpn Sm Cos Pn24.1%
Guardian Choices European Pn23.4%
L&G JPM Europe Sm Cos Pn19.5%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany19.9%
    France19.9%
    Switzerland14.8%
    Netherlands11.2%
    UK10.3%
  • Industrials21.6%
    Consumer Goods19.2%
    Health Care18.9%
    Financials15.3%
    Technology8.7%
  • European Large Cap Equity64.2%
    European Mid Cap Equity20.2%
    North American Equities4.1%
    UK Large Cap Companies3.7%
    Money Market3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.5%-2.3%8.5%8.9%19%66.2%
Sector-5.8%-0.8%8.9%10.2%20.2%75.9%
Rank within sector342 / 368285 / 367214 / 367248 / 358167 / 339228 / 311
Quartile4th4th3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.4%12.6%-3.5%19.5%21.2%
Sector8.6%9.4%-0.2%25.6%19.2%
Rank within sector215 / 35869 / 352306 / 340289 / 328110 / 310
Quartile3rd1st4th4th2nd
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.
0.1
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.
1.07
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.
0.46
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%.
11.69
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.
3.35
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.
0.16
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.
0.92
Price movement
52 week high160.74
52 week low122.04
Current bid price147.19
Current offer price154.94
Current mid price-
Region
1Germany19.94%
2France19.91%
3Switzerland14.8%
4Netherlands11.22%
5UK10.34%
6Spain8.85%
7Italy4.95%
8Money Market3.23%
9Norway1.94%
Industry sector
1Industrials21.63%
2Consumer Goods19.17%
3Health Care18.92%
4Financials15.25%
5Technology8.73%
6Consumer Services7.11%
7Oil & Gas3.94%
8Money Market3.23%
9Utilities2.01%
Asset type
1European Large Cap Equity64.21%
2European Mid Cap Equity20.18%
3North American Equities4.08%
4UK Large Cap Companies3.66%
5Money Market3.23%
6European Small Cap Equity2.09%
7UK Mid Cap Companies1.87%
8International Equities0.36%
9Global Emerging Market Equities0.28%
Individual holdings
1NESTLE SA5.11%
2ROCHE HLDG AG4.63%
3FRESENIUS MEDICAL CARE AG & CO.KGAA4.49%
4SAP SE4.44%
5KONINKLIJKE PHILIPS NV4.4%
6PERNOD-RICARD3.69%
7ROYAL DUTCH SHELL3.66%
8HUGO BOSS AG3.42%
9SANOFI3.37%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to achieve long-term capital growth from a portfolio made up mainly of the shares of continental European companies. The portfolio will consist of a blend of investments in larger, medium-sized and smaller companies. However, the fund manager isn’t restricted in the choice of company either by size or industry, or in terms of the geographical split of the portfolio, which is largely determined by the availability of attractive investment opportunities rather than the outlook for each market. The fund is managed by Fidelity, one of our investment managers.
Benchmark
  • FTSE World Europe EX UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Alberto Chiandetti30/09/2014Alberto Chiandetti, the portfolio manager, has over 14 years investment research experience. He joined Fidelity in July 2006 as an equity analyst, working from the Milan office and focusing on small and mid cap Italian stocks. He was promoted to portfolio manager in 2008. Prior to joining Fidelity, he spent 8 years working as an equity analyst with Euromobiliare SIM (currently Equita SIM), Italy, where he covered the Italian media, building materials and transport sectors. Alberto has a BSc from the Università Commerciale “L.Bocconi”, Milan and is also a CFA Charterholder. Alberto Chiandetti was awarded the Silver Rating Analyst Award by Morningstar for the FF Italy Fund in 2012.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Fidelity European Opportunities Pn
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2%
Bid price147.1921
Offer price154.9391
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDXJ4
Scot Eq Fidelity European Opportunities Pn (ARC)
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price177.7121
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00L1
Data provided by

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