Fact sheet: TR European Gth Tst PLC

Fund information
Fund name
TR European Growth Trust PLC
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund managers
  • Ollie Beckettsince 01/07/2011
Accolades
Fund objective
To achieve capital growth, aiming for a net asset value total return greater than our benchmark index.
Benchmark
  • HSBC Sm Euro Cos ex UK
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
49.6%
1 Year rank in sector
1/4
Sector
IT European Smaller Companies
Yield
1%
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.
0.73%
Fund size
£0m
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.
114
Mid price
906.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
1036.3
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-11.77
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
110
Top in this sector
Fund name1 Year
TR European Gth Tst PLC49.6%
Montanaro European Smlr Co Tst28%
JPMorganEurnSmallerCoTstPLC 5P21.5%
European Assets Trust11.7%
...more in IT European Smaller Companies

Performance snapshot

Holdings snapshot

  • Germany19.6%
    France15.2%
    Others14.3%
    Netherlands10.6%
    Italy9.7%
  • No data available.
  • German Equities19.6%
    French Equities15.2%
    International Equities14.3%
    Dutch Equities10.6%
    Italian Equities9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5%18.7%24.4%49.6%65.7%186.4%
Sector4.1%14.2%12.4%27.2%41.4%134.2%
Rank within sector1 / 41 / 41 / 41 / 41 / 41 / 4
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund17%19.6%29.8%-3.4%62.4%
Sector13.2%5.9%31.4%-5.5%47%
Rank within sector1 / 41 / 43 / 42 / 41 / 4
Quartile1st1st3rd2nd1st
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.
3.73
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.
1.1
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.
0.69
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%.
17.63
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.
5.77
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.
0.78
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.
0.9
Price movement
52 week high920
52 week low590
Current bid price903
Current offer price909
Current mid price906.5
Region
1Germany19.6%
2France15.2%
3Others14.3%
4Netherlands10.6%
5Italy9.7%
6Switzerland8.1%
7Sweden5.1%
8Denmark4.7%
9Finland4.6%
Industry sector
No data available.
Asset type
1German Equities19.6%
2French Equities15.2%
3International Equities14.3%
4Dutch Equities10.6%
5Italian Equities9.7%
6Swiss Equities8.1%
7Swedish Equities5.1%
8Danish Equities4.7%
9Finnish Equities4.6%
Individual holdings
1BRAINLAB2.6%
2VAN LANSCHOT NV2.1%
3FINECOBANK SPA1.7%
4OC OERLIKON CORP AG1.4%
5ANIMA HLDG SPA1.3%
6DFDS AS1.3%
7EVS BROADCAST EQUIPMENT1.3%
8AAREAL BANK AG1.2%
9LENZING AG1.2%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund objective
To achieve capital growth, aiming for a net asset value total return greater than our benchmark index.
Benchmark
  • HSBC Sm Euro Cos ex UK
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Ollie Beckett01/07/2011Ollie Beckett is an Associate Director in the Pan European Smaller Companies team and is the Fund Manager for Henderson Horizon Pan European Smaller Companies Fund. Ollie first joined Henderson Global Investors after the merger of AMP Asset Management in 1998 as an Assistant Portfolio Manager for European Equities before becoming Fund Manager in 1999. In 2000, he became Fund Manager of the Global Technology Equities before joining Anglo-Suisse Capital for one year. Ollie returned to Henderson Global Investors in his current role in 2005. He also manages the TR European Growth Trust plc. Ollie holds a BA (Hons) degree in Economics and Government from the University of Manchester and is a member of the Institute of Investment Managers and Research.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
TR European Growth Trust PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1034.8
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJED
TR European Growth Trust PLC NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1034.8
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTU64
Data provided by

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