Fact sheet: State Street North Am Enhanced Eq

Fund information
Fund name
State Street North America 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 North America 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 Sub-Investment Manager may not be successful in achieving this objective and that they may realise losses.
Benchmark
  • MSCI North America
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
5.4%
1 Year rank in sector
-
Sector
FO Equity - North America
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
£957m (£884m last year)
Top in this sector
Fund name1 Year
Sanlam FOUR US Div Inc39.6%
M&G Offshore North Am Div33.5%
La Mondiale American Equity26.6%
Lloyds North American26%
SEB Nordamerika Små&Medel Blg23%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • USA94.4%
    Canada5.6%
  • Information Technology21%
    Financials15%
    Health Care12.7%
    Consumer Discretionary11.9%
    Industrials9.5%
  • US Equities94.4%
    Canadian Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.4%1%5.1%5.4%25.4%77.7%
Sector6.5%2.6%8.4%10.8%28.8%78%
Rank within sector22 / 3925 / 3923 / 38---
Quartile3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector11.9%-0.8%12.9%29.7%8.8%
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.
-0.5
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.
0.96
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.
0.37
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%.
10.89
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.
4.23
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.
-0.21
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.
0.85
Price movement
52 week high10.83
52 week low9.7
Current bid price-
Current offer price-
Current mid price10.75
Region
1USA94.4%
2Canada5.6%
Industry sector
1Information Technology20.98%
2Financials15.02%
3Health Care12.74%
4Consumer Discretionary11.85%
5Industrials9.54%
6Consumer Staples9.44%
7Energy7.65%
8Materials3.66%
9Utilities3.5%
Asset type
1US Equities94.4%
2Canadian Equities5.6%
Individual holdings
1APPLE INC3.24%
2JOHNSON & JOHNSON1.86%
3MICROSOFT CORP1.86%
4AMAZON.COM INC1.85%
5FACEBOOK INC1.78%
6JPMORGAN CHASE & CO1.56%
7EXXON MOBIL CORP1.39%
8GENERAL ELECTRIC CO.1.31%
9ALPHABET INC1.29%
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 North America 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 Sub-Investment Manager may not be successful in achieving this objective and that they may realise losses.
Benchmark
  • MSCI North America
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 North America 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 price10.746
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN76A
State Street North America 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 price10.6936
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAHP5
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.