Alken Absolute Return Europe GB1 (FUND:B8N0MJ5) - Fund price

Fund Report

Alken Fund - Absolute Return Europe Class GB1

Key Stats
Morningstar® CategoryAlt - Long/Short Equity - Europe
Manager NameNicolas Walewski
Inception Date28/06/2013
NAV 22/07/2019GBP 122.22
Day Change0.39%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 28/02/2019675.91 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.45%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

Above Average

Above Average

Sustainability Rating as of 31/05/2019


Fund Benchmark

HFRX Equity Hedge EUR

Morningstar® Benchmark

Not Categorized

Morningstar Analyst Rating™ *

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
  • Fund: Alken Fund - Absolute Return Europe Class GB1
  • Category: Alt - Long/Short Equity - Europe
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 22/07/2019
3 Years Annualised7.65
5 Years Annualised2.57
10 Years Annualised-

Morningstar SRRI

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

Investment Objective

The fund’s objective is to provide capital growth and aim for a positive absolute return over long term period through long and short market exposure in the European markets primarily in equities or related derivative contracts. The Sub-Fund aims to typically deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed and over the short-term it may experience periods of negative return and consequently the Sub-Fund may not achieve this objective. The Sub-Fund will have flexible net exposure to equity markets by taking long and short exposures on European equities primarily through the use of transferable securities, linear financial derivatives “delta one”.

Portfolio Profile28/02/2019

AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. 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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