Cavendish European Fund B (FUND:B60SM65) - Overview

Fund Report

Cavendish European Fund B

Key Stats
Morningstar® CategoryEurope Flex-Cap Equity
Manager Name-
Inception Date15/05/2009
NAV 08/12/2016GBX 166.00
Day Change0.79%
12 Month Yield1.43%
ISINGB00B60SM652
SEDOLB60SM65
Dividend FrequencyAnnually
Net Assets (mil) 31/10/201673.75 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.86%
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 30/09/2016

Benchmarks

Fund Benchmark

FTSE AW Eur Ex UK TR GBP

Morningstar® Benchmark

MSCI Europe NR EUR

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

How has this security performed
20122013201420152016
Fund21.6626.45-8.1511.3515.11
Category15.6324.83-1.899.8410.91
Benchmark13.8922.91-0.342.7811.64
  • Fund: Cavendish European Fund B
  • Category: Europe Flex-Cap Equity
  • Benchmark: MSCI Europe NR EUR
Trailing Returns % (GBP) 08/12/2016
FundCatBmark
YTD16.379.8514.53
3 Years Annualised6.676.586.56
5 Years Annualised12.2611.2110.66
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The objective of the European Fund is to achieve long-term capital growth. The Fund will invest mainly in a diversified portfolio of European equities, consisting predominately of companies listed in the developed markets of Europe. The Fund will not be restricted in the choice of company, either by size or industry or market capitalisation. If considered appropriate the Fund may also invest in undeveloped European markets as specified in the Prospectus and in other assets including government and public securities, other debt instruments, other transferable securities, cash and near cash, deposits and money market instruments. Derivative instruments may be used to manage exposure to risk, reduce cost, or for the generation of income.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Kingspan Group PLC Basic Materials2.94
Logitech International SA Technology2.04
Danske Bank AS Financial Services1.92
Lonza Group Ltd Basic Materials1.86
Corbion NV Consumer Defensive1.81
Asset Allocation %
LongShortNet
Stocks93.490.0093.49
Bonds0.000.000.00
Cash4.250.004.25
Other2.260.002.26
Top Stock Regions
Region%
Eurozone66.17
Europe - ex Euro22.15
Europe - Emerging5.53
United Kingdom3.14
United States3.01
Top Stock Sectors
Stock Sector%
Industrials20.01
Consumer Cyclical17.90
Basic Materials13.00
Technology12.17
Financial Services11.27
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.
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