Fact sheet: State Street EurpValSptlght

Fund information
Fund name
State Street Europe Value Spotlight P
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
  • Lance Grahamsince 17/05/2013
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
17.4%
1 Year rank in sector
31/227
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.
2%
Fund size
£418m (£299m 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.
123
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC46.9%
GS Eur CORE Eq Portfolio30.5%
EP Pan European Opportunities29.5%
E.I.Sturdza StEurpSmCos26.5%
IVI European25.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • France22.7%
    Switzerland15.5%
    UK15.3%
    Germany10.4%
    Italy9.7%
  • Financials32.5%
    Industrials18.4%
    Health Care13%
    Consumer Discretionary10.6%
    Energy10%
  • French Equities22.7%
    Swiss Equities15.5%
    UK Equities15.3%
    German Equities10.4%
    Italian Equities9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%4.5%14.5%17.4%17.9%-
Sector1.3%5.6%9.7%9.8%19.2%63.3%
Rank within sector144 / 234166 / 23221 / 23031 / 227121 / 198-
Quartile3rd3rd1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.9%8.8%8.9%-1.9%-
Sector6%-0.6%11.1%4.2%21.1%
Rank within sector130 / 23225 / 224125 / 205166 / 194-
Quartile3rd1st3rd4th
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.
0.03
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.
1.22
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.
0.2
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%.
16.31
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.
7.02
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.
0.84
Price movement
52 week high13.79
52 week low10.03
Current bid price-
Current offer price-
Current mid price13.63
Region
1France22.66%
2Switzerland15.5%
3UK15.26%
4Germany10.39%
5Italy9.72%
6Netherlands8.26%
7Austria5.75%
8Spain3.97%
9Hungary3.18%
Industry sector
1Financials32.54%
2Industrials18.37%
3Health Care12.99%
4Consumer Discretionary10.62%
5Energy10.02%
6Materials6.56%
7Information Technology5.95%
8Telecommunications2.95%
Asset type
1French Equities22.66%
2Swiss Equities15.5%
3UK Equities15.26%
4German Equities10.39%
5Italian Equities9.72%
6Dutch Equities8.26%
7Austrian Equities5.75%
8Spanish Equities3.97%
9Hungarian Equities3.18%
Individual holdings
1DEUTSCHE BANK AG4.13%
2CREDIT SUISSE GROUP4.06%
3ACS ACTIVIDADES DE CONSTRUCCION Y3.97%
4AXA3.96%
5ASSICURAZIONI GENERALI SPA3.93%
6STANDARD CHARTERED3.76%
7EASYJET3.74%
8SANOFI3.66%
9ENI3.54%
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 Graham17/05/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German 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)1%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price11.1451
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU0X
State Street Europe Value Spotlight B
Initial charge3%
Annual charge-
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 price14.4753
CurrencyEUR
Price updated21/04/2017
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)1%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price10.4135
CurrencyEUR
Price updated21/04/2017
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)2%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price13.625
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWRK
Data provided by

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