Insinger de Beaufort Real Estate Equity (FUND:5308215) - Overview

Fund Report

Insinger de Beaufort Real Estate Equity

Key Stats
Morningstar® CategoryProperty - Indirect Other
Manager NameArnoud de Beaufort
Inception Date01/10/2003
NAV 06/12/2016EUR 144.29
Day Change-0.16%
12 Month Yield0.00%
ISINNL0000285591
SEDOL5308215
Dividend FrequencyAnnually
Net Assets (mil) 31/10/201666.17 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment2,500.00 EUR
Pricing FrequencyDaily
Dealing Cut off Time12:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.25%
AMC1.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (EUR) 30/11/2016

How has this security performed
20122013201420152016
Fund18.845.5710.9211.28-6.78
  • Fund: Insinger de Beaufort Real Estate Equity
  • Category: Property - Indirect Other
  • Benchmark: Not Categorized
Trailing Returns % (EUR) 06/12/2016
Fund
YTD-7.92
3 Years Annualised4.32
5 Years Annualised6.93
10 Years Annualised3.63

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Insinger de Beaufort Real Estate Equity Fund invests in the shares of European real estate companies. The objective of the fund is to generate superior risk-adjusted returns, against the FTSE EPRA Index, by using long positions, short positions and derivatives to reduce the volatility of the fund and protect the downside. The fund aims to capitalise on the divergence between the returns of different real estate securities. The fund has a net long position which means that the total value of the longs will always exceed the total value of the shorts. Additionally, the fund cannot use leverage.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
New since last portfolioFtse Not Classified12.24
Ado Properties SA Real Estate8.33
New since last portfolioUnibail-Rodamco SE Real Estate5.38
IncreaseKlépierre Real Estate4.48
Vonovia SE Real Estate4.35
Asset Allocation %
LongShortNet
Stocks89.4933.8855.61
Bonds0.000.000.00
Cash40.850.0340.82
Other3.570.003.57
Top Stock Regions
Region%
Eurozone61.18
United Kingdom23.44
Europe - ex Euro15.38
United States0.00
Japan0.00
Top Stock Sectors
Stock Sector%
Real Estate99.31
Financial Services0.69
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2016 Morningstar. All rights reserved.