Fact sheet: Waverton European Cap Gth

Fund information
Fund name
Waverton European Capital Growth EUR
Fund manager company
Waverton Investment Management
Fund type
Offshore Fund
Fund managers
  • Chris Garstensince 05/04/2001
  • Charles Glassesince 31/05/2012
Fund objective
The investment objective of the Fund is to achieve long term growth by investing in a diversified portfolio of European stocks.
Benchmark
  • MSCI Europe ex UK GR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
1.5%
1 Year rank in sector
18/100
Sector
FO Equity - Europe ex UK
Yield
2.5%
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.
1.72%
Fund size
£84m (£64m 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.
91
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

  • Germany16.7%
    Sweden16.7%
    Switzerland16%
    France11.8%
    Norway7.5%
  • Industrials26.4%
    Consumer Staples20.4%
    Financials14.3%
    Health Care13%
    Materials11.7%
  • German Equities16.7%
    Swedish Equities16.7%
    Swiss Equities16%
    French Equities11.8%
    Norwegian Equities7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-0.9%-0.5%1.5%29%107.5%
Sector-1.3%-0.3%1.1%-4.4%15.8%66.3%
Rank within sector35 / 10565 / 10571 / 10418 / 1008 / 893 / 80
Quartile2nd3rd3rd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund3.7%15.3%6.2%31.7%20.7%
Sector-1.7%12.7%3.5%23.2%17.8%
Rank within sector20 / 10026 / 9119 / 8910 / 8337 / 79
Quartile1st2nd1st1st2nd
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.
4.36
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.
0.86
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.
0.54
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%.
11.62
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.
5.59
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.
0.61
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.
0.79
Price movement
52 week high2.34
52 week low1.96
Current bid price-
Current offer price-
Current mid price2.27
Region
1Germany16.7%
2Sweden16.7%
3Switzerland16%
4France11.8%
5Norway7.5%
6Denmark7.2%
7Money Market5.8%
8Finland5.5%
9Netherlands5.3%
Industry sector
1Industrials26.4%
2Consumer Staples20.4%
3Financials14.3%
4Health Care13%
5Materials11.7%
6Money Market5.8%
7Energy5.4%
8Consumer Discretionary3%
Asset type
1German Equities16.7%
2Swedish Equities16.7%
3Swiss Equities16%
4French Equities11.8%
5Norwegian Equities7.5%
6Danish Equities7.2%
7Money Market5.8%
8Finnish Equities5.5%
9Dutch Equities5.3%
Individual holdings
1NOVARTIS AG3.9%
2LINDE AG3.6%
3SALMAR ASA3.6%
4LAFARGEHOLCIM LTD3.5%
5MARINE HARVEST ASA3.5%
6LOOMIS AB3.4%
7STABILUS SA3.4%
8ZODIAC AEROSPACE3.4%
9BRITISH AMERICAN TOBACCO3.2%
Management
Fund manager group
Waverton Investment Management
Fund manager company
Waverton Investment Management
Fund type
Offshore Fund
Fund objective
The investment objective of the Fund is to achieve long term growth by investing in a diversified portfolio of European stocks.
Benchmark
  • MSCI Europe ex UK GR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Chris Garsten05/04/2001Chris Garsten, formerly a director of Credit Suisse. Managed the Netherlands Fund from inception in 1992. This became a £150 million fund (one of the larger Credit Suisse country funds), winning a number of performance awards. In addition a feature article in a 1999 issue of Forbes magazine highlighted that the C.S. Netherlands Fund had been one of the best offshore funds over one, three and five-year period.
Charles Glasse31/05/2012Charles Glasse, formerly head of M&G’s Continental Europe Team, managed the £400 million M&G European Dividend Fund for over 10 years. He managed the Fund from its launch in October 1989 until the Fund was repositioned as a blue-chip fund in June 2000. For five consecutive years it achieved the highest rating AAA by Standard & Poor’s Fund Research. It received an award in the First Guardian Investment Challenge in 1998.
Compliance
Distributor Status, IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Luxembourg, Offshore
Waverton European Capital Growth EUR
Initial charge3%
Annual charge1.25%
Min single investment£10,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price2.269
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZF10
Waverton European Capital Growth I Hedge
Initial charge3%
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.104
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMEKJ
Waverton European Capital Growth Inst EUR
Initial charge3%
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price2.35
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeZF09
Waverton European Capital Growth Inst GBP
Initial charge3%
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price1.637
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04AD
Waverton European Capital Growth Ret GBP
Initial charge3%
Annual charge1.25%
Min single investment£10,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price153.05
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK2VE
Data provided by

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