Fact sheet: Sparinvest Global Value

Fund information
Fund name
Sparinvest Global Value EUR R
Fund manager company
Sparinvest (LUX)
Fund type
Offshore Fund
Fund manager
  • Jens Moestrup Rasmussensince 14/12/2001
Fund objective
The Sub-Fund aims at providing a positive return over the long term by investing in equity securities and, to a limited extent, convertible securities and warrants on transferable securities that are admitted to official listing on a stock exchange or that are traded on a Regulated Market within the OECD countries, EU member states (the “EU Member States”), Singapore or Hong Kong. The Sub-Fund will not hold cash for more than 15% of its total assets.
Benchmark
  • MSCI World
Investment style
Active,Value
Investment method
Shares
Quick stats
1 Year return
13.4%
1 Year rank in sector
96/474
Sector
FO Equity - International
Yield
0%
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.
2.03%
Fund size
£289m (£349m 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.
102
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq50.5%
Schroder ISF Gbl Rec42.1%
Dodge & Cox Gbl Stk38.8%
SKAGEN Focus36.1%
Dimensional Gbl Small Cos35%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA52.2%
    Japan12.5%
    UK7%
    Netherlands5.5%
    Others4.4%
  • Financials21.3%
    Consumer Discretionary16%
    Information Technology12.1%
    Industrials11.3%
    Consumer Staples10.3%
  • US Equities52.2%
    Japanese Equities12.5%
    UK Equities7%
    Dutch Equities5.5%
    International Equities4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund10%8.9%12.7%13.4%35.1%85.9%
Sector2.9%0.7%5.1%6.1%16.8%56%
Rank within sector9 / 50024 / 49797 / 48796 / 47492 / 38456 / 287
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund12.7%12.3%4.2%25.5%10.8%
Sector6.8%0.7%6%21.3%12.7%
Rank within sector104 / 47537 / 427233 / 387114 / 338219 / 289
Quartile1st1st3rd2nd4th
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.
4.01
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.
1.1
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.
0.43
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%.
12.63
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.
7.17
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.
0.58
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.
0.68
Price movement
52 week high250.35
52 week low188.56
Current bid price-
Current offer price-
Current mid price253.77
Region
1USA52.17%
2Japan12.52%
3UK6.97%
4Netherlands5.5%
5Others4.4%
6Switzerland4.18%
7France3.62%
8Denmark3.61%
9Money Market2.1%
Industry sector
1Financials21.27%
2Consumer Discretionary16%
3Information Technology12.14%
4Industrials11.34%
5Consumer Staples10.28%
6Materials7.91%
7Energy7.54%
8Health Care7.26%
9Telecommunications3.51%
Asset type
1US Equities52.17%
2Japanese Equities12.52%
3UK Equities6.97%
4Dutch Equities5.5%
5International Equities4.4%
6Swiss Equities4.18%
7French Equities3.62%
8Danish Equities3.61%
9Money Market2.1%
Individual holdings
1REGIONS FINANCIAL CORP (NEW)3.1%
2MICROSOFT CORP3.03%
3TRAVELERS COMPANIES INC2.9%
4CORNING INC2.68%
5JOHNSON & JOHNSON2.27%
6PROCTER & GAMBLE CO2.17%
7ARCHER DANIELS MIDLAND CO2.1%
8AP MOLLER-MAERSK A/S2.04%
9PFIZER INC2.03%
Management
Fund manager group
Sparinvest
Fund manager company
Sparinvest (LUX)
Fund type
Offshore Fund
Fund objective
The Sub-Fund aims at providing a positive return over the long term by investing in equity securities and, to a limited extent, convertible securities and warrants on transferable securities that are admitted to official listing on a stock exchange or that are traded on a Regulated Market within the OECD countries, EU member states (the “EU Member States”), Singapore or Hong Kong. The Sub-Fund will not hold cash for more than 15% of its total assets.
Benchmark
  • MSCI World
Investment style
Active,Value
Investment method
Shares
Fund manager
NameSinceBiography
Jens Moestrup Rasmussen14/12/2001As head of equities at Sparinvest, Jens Moestrup Rasmussen takes responsibility for the Luxembourg-domiciled Sparinvest Global Value SICAV and the Denmark-domiciled Sparinvest Value Aktier funds. Rasmussen joined Sparinvest's equity research team in 1997 where he looked after Danish and Nordic equities and worked with value investing, focusing on screenings, factsheets and new investment ideas. He began managing funds in 2000 and was subsequently appointed head of equities in 2002. Prior to joining Sparinvest he spent six years as a researcher with Købmandstandens Oplysnings Bureau. Born in Copenhagen in 1967, Rasmussen holds a master's degree in economics from the city's university.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, Faroe Islands, United Kingdom, Greenland, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Sparinvest Global Value EUR I
Initial charge-
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price274.2
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY326
Sparinvest Global Value EUR R
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price253.77
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZA81
Sparinvest Global Value EUR RX
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price259.9
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCWI
Sparinvest Global Value GBP R
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price214.15
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY328
Sparinvest Global Value USD I
Initial charge-
Annual charge0.8%
Min single investment£6,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price295.37
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY323
Sparinvest Global Value USD R
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.02%
Bid price-
Offer price-
Mid price274.51
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY327
Data provided by

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