Fact sheet: State Street EurpValSptlght

Fund information
Fund name
State Street Europe Value Spotlight A
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
  • Lance Grahamsince 16/05/2013
Fund objective
The Sub-fund seeks to provide an investment return in excess of the performance of the MSCI Europe Index (the Index) by 34% per annum over rolling three year periods
Benchmark
  • MSCI Europe
Investment style
Active,Value
Investment method
Shares
Quick stats
1 Year return
-3.2%
1 Year rank in sector
41/227
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.
0.94%
Fund size
£320m (£152m 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

  • France27.4%
    Switzerland14.4%
    Germany12.1%
    Italy11.2%
    Netherlands8.4%
  • Financials31.9%
    Industrials21%
    Consumer Discretionary14%
    Health Care10.8%
    Materials8.3%
  • French Equities25.3%
    Swiss Equities14%
    German Equities12.1%
    Italian Equities10.1%
    Dutch Equities7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%5.5%5.5%-3.2%--
Sector0.1%-1%-1.9%-8.3%10.8%57.7%
Rank within sector25 / 2336 / 23425 / 23241 / 227--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund2.9%----
Sector-5.2%11.1%4.2%21.1%17.6%
Rank within sector24 / 228----
Quartile1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.16
52 week low7.53
Current bid price-
Current offer price-
Current mid price9.87
Region
1France27.35%
2Switzerland14.4%
3Germany12.14%
4Italy11.17%
5Netherlands8.36%
6UK7.77%
7Sweden5.91%
8Austria5.67%
9Spain3.7%
Industry sector
1Financials31.85%
2Industrials20.99%
3Consumer Discretionary14.02%
4Health Care10.77%
5Materials8.33%
6Energy7.95%
7Information Technology6.1%
Asset type
1French Equities25.31%
2Swiss Equities14.04%
3German Equities12.09%
4Italian Equities10.11%
5Dutch Equities7.52%
6Swedish Equities6.91%
7UK Equities6.82%
8Austrian Equities6.68%
9Russian Equities3.65%
Individual holdings
1CREDIT SUISSE GROUP3.79%
2LUKOIL OAO3.65%
3ABB LTD3.61%
4TOTAL SA3.61%
5ACS ACTIVIDADES DE CONSTRUCCION Y3.6%
6BASF SE3.54%
7ASSICURAZIONI GENERALI SPA3.49%
8TELEFONAKTIEBOLAGET LM ERICSSON3.49%
9STANDARD CHARTERED3.45%
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) by 34% per annum over rolling three year periods
Benchmark
  • MSCI Europe
Investment style
Active,Value
Investment method
Shares
Fund manager
NameSinceBiography
Lance Graham16/05/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, 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 Value Spotlight A
Initial charge3%
Annual charge0.85%
Min single investment£250,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price9.8748
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU0X
State Street Europe Value Spotlight B
Initial charge3%
Annual charge1.5%
Min single investment£50
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price12.7801
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJWRJ
State Street Europe Value Spotlight I
Initial charge3%
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price9.2205
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIYA
State Street Europe Value Spotlight P
Initial charge3%
Annual charge1.5%
Min single investment£50
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price12.0999
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJWRK
Data provided by

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