Fact sheet: Wesleyan European Share Pn

Fund information
Fund name
Wesleyan European Share Pn S2
Fund manager company
Wesleyan Assurance Society
Fund type
Pension Fund
Fund managers
  • Lucas Howarthsince 23/03/2016
No data available.
Fund objective
The Wesleyan European Shares Fund aims to invest in one or more external funds that are most likely to deliver consistent performance over longer periods. The Fund seeks to provide capital growth over the medium to long term by investing predominantly in externally managed funds specialising in European (excluding UK) shares. The Fund is currently invested in the Henderson European Selected Opportunities Fund and the Schroder European Alpha Income .
Benchmark
  • ABI Europe (Excluding UK)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
25.9%
1 Year rank in sector
186/365
Sector
PN Europe Excluding UK
Yield
-
Fund size
£3m (£2m 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.
109
Bid price
207.9
Offer price
207.9
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn49.4%
L&G Neptune European Opps Pn48.8%
Zurich Nept EuroOppsPn48.4%
Scot Eq Neptune Eur Opps Pn48.4%
OMW Neptune European Opps47.8%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany20.4%
    France17.1%
    Switzerland12.8%
    Netherlands12.3%
    Sweden8.5%
  • Banks14.7%
    Financials12%
    Industrials8.8%
    Telecommunications7.7%
    Biotechnology/Medical6.9%
  • German Equities20.3%
    French Equities17%
    Swiss Equities12.8%
    Dutch Equities12.2%
    Swedish Equities8.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%4.7%8.6%25.9%35.3%89%
Sector2.2%6.3%8.6%25.6%33.7%92.1%
Rank within sector335 / 371307 / 370195 / 369186 / 365108 / 343183 / 317
Quartile4th4th3rd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund6.8%15.1%8.1%4.3%24%
Sector8%15.8%9.4%-0.2%25.6%
Rank within sector261 / 369219 / 358189 / 35218 / 340219 / 329
Quartile3rd3rd3rd1st3rd
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.
0.79
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.
1.04
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.
0.58
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%.
12.18
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.
2.89
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.
0.38
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.
0.94
Price movement
52 week high208.7
52 week low158.5
Current bid price207.9
Current offer price207.9
Current mid price-
Region
1Germany20.39%
2France17.07%
3Switzerland12.85%
4Netherlands12.26%
5Sweden8.49%
6Spain5.74%
7Belgium3.83%
8Not Specified3.18%
9USA2.78%
Industry sector
1Banks14.7%
2Financials12.01%
3Industrials8.78%
4Telecommunications7.71%
5Biotechnology/Medical6.88%
6Chemicals5.19%
7Automotive4.88%
8Consumer Goods4.84%
9Technology3.62%
Asset type
1German Equities20.34%
2French Equities17.02%
3Swiss Equities12.81%
4Dutch Equities12.23%
5Swedish Equities8.46%
6Spanish Equities5.72%
7Belgian Equities3.82%
8International Equities3.17%
9US Equities2.77%
Individual holdings
1Henderson European Selected Opportunities I Acc65.15%
2SCHRODER EUROPEAN ALPHA INCOME Z ACC34.58%
Management
Fund manager group
Wesleyan
Fund manager company
Wesleyan Assurance Society
Fund type
Pension Fund
Fund objective
The Wesleyan European Shares Fund aims to invest in one or more external funds that are most likely to deliver consistent performance over longer periods. The Fund seeks to provide capital growth over the medium to long term by investing predominantly in externally managed funds specialising in European (excluding UK) shares. The Fund is currently invested in the Henderson European Selected Opportunities Fund and the Schroder European Alpha Income .
Benchmark
  • ABI Europe (Excluding UK)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Lucas Howarth23/03/2016Lucas Howarth joined the Society as an Investment Analyst in 2007 having attained a degree in Mechanical Engineering from the University of Birmingham. Lucas has been a CFA (Chartered Financial Analyst) charterholder since 2011 and became a Fund Manager in 2016. Lucas is responsible for selecting and monitoring the external funds held within the life and pension product range.
Compliance
UCIS
Domicile
No data available.
Fund for sale in
United Kingdom
Wesleyan European Share Pn S1
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price203.4
Offer price203.4
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code0X6G
Wesleyan European Share Pn S2
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price207.9
Offer price207.9
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI18M
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.