Fact sheet: T. Rowe Price Cont Eurpn Eq

Fund information
Fund name
T. Rowe Price Continental European Equity Q GBP
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund managers
  • Dean Tenerellisince 05/05/2009
Fund objective
To increase the value of its shares, over the long term, through growth in the value of its investments. The fund invests mainly in a diversified portfolio of stocks of companies in Europe (excluding the UK). The fund may use derivatives for hedging and efficient portfolio management.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
7.6%
1 Year rank in sector
-
Sector
FO Equity - Europe ex 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.
0.82%
Fund size
£144m (£160m 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.
92
Top in this sector
Fund name1 Year
JB Mltstck Erlnd Vl Stck28.6%
Waverton European Income22.5%
J Chahine Dgtl Str Eur Ex UK21.6%
Oyster Cont Euro Select21.4%
Guinness European Eq Inc21.4%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • France23.9%
    Switzerland19.3%
    Sweden13.5%
    Germany13.3%
    Italy8.8%
  • Consumer Discretionary20.3%
    Financials17.3%
    Health Care10.7%
    Services9%
    Information Technology8.3%
  • French Equities23.9%
    Swiss Equities19.3%
    Swedish Equities13.5%
    German Equities13.3%
    Italian Equities8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-8.4%-3.2%4.7%7.6%14.9%-
Sector-1.3%-0.3%1.1%-4.4%15.8%66.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund6.3%6.3%-0.1%--
Sector-1.7%12.7%3.5%23.2%17.8%
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.
3.77
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.
0.62
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.
0.41
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%.
10.07
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.
8.29
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.
0.16
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.
0.54
Price movement
52 week high14.24
52 week low10.89
Current bid price-
Current offer price-
Current mid price12.82
Region
1France23.9%
2Switzerland19.3%
3Sweden13.5%
4Germany13.3%
5Italy8.8%
6Spain8.7%
7Denmark3.8%
8Money Market3.3%
9Belgium3%
Industry sector
1Consumer Discretionary20.3%
2Financials17.3%
3Health Care10.7%
4Services9%
5Information Technology8.3%
6Consumer Staples7.6%
7Telecommunications Utilities7.1%
8Utilities6.9%
9Energy3.9%
Asset type
1French Equities23.9%
2Swiss Equities19.3%
3Swedish Equities13.5%
4German Equities13.3%
5Italian Equities8.8%
6Spanish Equities8.7%
7Danish Equities3.8%
8Money Market3.3%
9Belgian Equities3%
Individual holdings
1NESTLE SA6.75%
2ROCHE HLDG AG4.24%
3NOVARTIS AG3.92%
4SIMCORP3.01%
5KBC GROUPE SA2.77%
6COM HEM HLDG AB2.7%
7ENDESA SA2.68%
8ZURICH FINANCIAL SERVICES2.6%
9TELEFONICA DEUTSCHLAND HLDG AG2.47%
Management
Fund manager group
T. Rowe Price
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund objective
To increase the value of its shares, over the long term, through growth in the value of its investments. The fund invests mainly in a diversified portfolio of stocks of companies in Europe (excluding the UK). The fund may use derivatives for hedging and efficient portfolio management.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Dean Tenerelli05/05/2009Dean Tenerelli is portfolio manager in the Equity Division at T. Rowe Price. He manages the Europe Equity Strategy, a position he has held since October 2005, and is chairman of its Investment Advisory Committee. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd. Mr. Tenerelli has 21 years of investment experience, 12 of which have been at T. Rowe Price. He joined the firm in 2000 as an equity research analyst and was appointed co-manager of the firm's Global Equity Strategy in 2004. Prior to joining T. Rowe Price, Mr. Tenerelli served as a director for Credit Suisse Asset Management, where he was a senior telecommunications analyst. Prior to Credit Suisse Asset Management, Mr. Tenerelli worked as assistant portfolio manager at Artisan Partners (1995–2000). He began his investment career in 1993 at Banesto Bolsa in Madrid as an equity analyst following Spanish equities. Mr. Tenerelli later became an international equity analyst, focused on Europe, for Waddell and Reed in Kansas City, MO. In 1995, he moved to Artisan Partners as an assistant portfolio manager. A graduate of Rutgers University with a B.A. in economics, Mr. Tenerelli earned an M.B.A. from Escuela Superior de Administracion y Direccion de Empresa and an M.A. in international management from American Graduate School of International Management (Thunderbird).
Compliance
Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
T. Rowe Price Continental European Equity I EUR
Initial charge-
Annual charge0.65%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price12.85
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY860
T. Rowe Price Continental European Equity I USD
Initial charge-
Annual charge0.65%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price13.62
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY861
T. Rowe Price Continental European Equity Q GBP
Initial charge-
Annual charge0.65%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price12.82
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJPYY
T. Rowe Price Continental European Equity Qh USD
Initial charge-
Annual charge0.65%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price9.12
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCML
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.