Fact sheet: State Street Euro Enhanced Eq

Fund information
Fund name
State Street Europe Enhanced Equity I
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The Sub-fund seeks to provide an investment return in excess of the performance of the MSCI Europe Index(the Index ) over the long term. There is no guarantee as to the performance of the Sub-fund. Investors should be aware that the Investment Manager may not be successful in achieving this objective and that they may realise losses
Benchmark
  • MSCI Europe
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
-7.8%
1 Year rank in sector
-
Sector
FO Equity - Europe inc UK
Yield
-
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.
0.4%
Fund size
£653m (£667m last year)
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC27%
IVI European22.4%
GS Eur CORE Eq Portfolio17.5%
Mirabaud Eqts PanEur SmllMid16.2%
JOHCM European Sel Val13.7%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK28.7%
    France15.9%
    Germany15%
    Switzerland13.8%
    Netherlands5.4%
  • Financials19.6%
    Consumer Staples14.7%
    Health Care13%
    Industrials13%
    Consumer Discretionary10.7%
  • UK Equities28.7%
    French Equities15.9%
    German Equities15%
    Swiss Equities13.8%
    Dutch Equities5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%1.1%1.3%-7.8%14.4%64.6%
Sector0.1%-1%-1.9%-8.3%10.8%57.7%
Rank within sector84 / 23353 / 234----
Quartile2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-5.2%11.1%4.2%21.1%17.6%
Rank within sector-----
Quartile
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.
0.48
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
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.
0.08
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%.
12.74
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.
3.49
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.
0.12
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 high10.31
52 week low9.09
Current bid price-
Current offer price-
Current mid price10.22
Region
1UK28.7%
2France15.89%
3Germany15.03%
4Switzerland13.83%
5Netherlands5.44%
6Spain5.16%
7Sweden4.37%
8International3.77%
9Italy3%
Industry sector
1Financials19.62%
2Consumer Staples14.68%
3Health Care13.02%
4Industrials12.97%
5Consumer Discretionary10.68%
6Materials8.17%
7Energy7.16%
8Telecommunications4.33%
9Information Technology4.25%
Asset type
1UK Equities28.7%
2French Equities15.89%
3German Equities15.03%
4Swiss Equities13.83%
5Dutch Equities5.44%
6Spanish Equities5.16%
7Swedish Equities4.37%
8International Equities3.77%
9Italian Equities3%
Individual holdings
1NESTLE SA3.29%
2NOVARTIS AG2.24%
3ROCHE HLDG AG2.17%
4HSBC HOLDINGS PLC1.89%
5BP PLC1.55%
6TOTAL SA1.52%
7SIEMENS AG1.45%
8SANOFI1.44%
9BASF SE1.38%
Management
Fund manager group
State Street
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund objective
The Sub-fund seeks to provide an investment return in excess of the performance of the MSCI Europe Index(the Index ) over the long term. There is no guarantee as to the performance of the Sub-fund. Investors should be aware that the Investment Manager may not be successful in achieving this objective and that they may realise losses
Benchmark
  • MSCI Europe
Investment style
Active
Investment method
Shares
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Sweden
State Street Europe Enhanced Equity I
Initial charge3%
Annual charge-
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price10.2168
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN75Z
State Street Europe Enhanced Equity P
Initial charge3%
Annual charge0.5%
Min single investment£50
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price9.0145
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAHP9
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.