Waverton European Income B GBP Inc (FUND:BD5NVS9) - Overview

Fund Report

Waverton European Income Fund B GBP Inc

Key Stats
Morningstar® CategoryEurope ex-UK Large-Cap Equity
Manager Name-
Inception Date28/01/2014
NAV 02/12/2016GBP 1.64
Day Change-0.18%
12 Month Yield2.33%
ISINLU0968447788
SEDOLBD5NVS9
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/201619.53 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time12:30:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.22%
AMC0.50%
Fund Rebate-

Morningstar Rating™

5 Stars

Benchmarks

Fund Benchmark

-

Morningstar® Benchmark

MSCI Europe Ex UK NR EUR

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

How has this security performed
20122013201420152016
Fund16.6635.230.189.3419.87
Category18.7926.83-0.989.319.70
Benchmark15.9525.27-0.735.1110.99
  • Fund: Waverton European Income Fund B GBP Inc
  • Category: Europe ex-UK Large-Cap Equity
  • Benchmark: MSCI Europe Ex UK NR EUR
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD18.437.7010.06
3 Years Annualised10.066.726.04
5 Years Annualised14.6711.5110.18
10 Years Annualised6.125.964.63

Morningstar SRRI

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

Investment Objective

The investment objective of the Sub-Fund is to achieve long term income and capital growth. The Sub-Fund may invest in a focused portfolio of European equities, usually somewhere between 30-40 stocks. The Sub-Fund’s investments will generally be held for 12-18 months but may be held on a very short-term basis if the Investment Manager is of the view that by holding them in such a manner returns will be maximized. The Investment Manager will usually invest in companies with a market capitalisation of GBP 1.5 billion or more. However, the Sub-Fund will not be bound by constraints in terms of market capitalisation. The Sub-Fund will not be bound by industry sector. Each investment will be listed or traded on a recognized world market. It is intended that the Sub-Fund will not invest in emerging markets.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
SalMar ASA Consumer Defensive4.13
Novartis AG Healthcare3.83
Securitas AB B Industrials3.68
Linde AG Basic Materials3.67
Marine Harvest ASA Consumer Defensive3.60
Asset Allocation %
LongShortNet
Stocks95.140.0095.14
Bonds0.000.000.00
Cash6.972.114.86
Other0.000.000.00
Top Stock Regions
Region%
Eurozone58.35
Europe - ex Euro39.16
United Kingdom2.50
United States0.00
Japan0.00
Top Stock Sectors
Stock Sector%
Industrials25.81
Consumer Defensive17.40
Basic Materials16.16
Financial Services14.86
Healthcare12.11
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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