• SWIP European Fund

    Fund Objective

    To provide a stable and consistent return through direct and indirect investment in European securities (excluding the UK). The Fund may also invest its assets in other equities and investment instruments.

    Fund Strategy

    Our core belief is that the market is ultimately logical and that share prices follow the earnings power of businesses over the medium term. The market's obsession with short term results, however, leaves opportunity for those investors focusing on companies whose longer term earnings power is not yet visible to the market. The Fund treats all potential investments equally, regardless of size, frequently resulting in an overweighting of mid sized companies.

  • Fund Details

    Type Detail
    BenchmarkFTSE Europe ex UK index
    SectorIMA Europe Excluding UK
    Fund ManagerSWIP Global Equity Team
    Fund Launch DateAugust 1981
    Fund Size£73.6 million
    Number of Holdings42
    Historic Yield0.9% p.a.(net)

    Fund Codes

    Type Code
    SWIP CodeHSOEU_IFA 05/13
    Sedol3214682
    ISINGB0032146820
    BloombergSWEURAA LN
    LipperLP60010004

    Top Ten Holdings

    Type Fund Type Fund
    Nestle4.3DNB3.8
    Sanofi3.8Bayer3.2
    BNP Paribas3.1Swatch Group3.0
    Kabel Deutschland2.9Publicis Group2.9
    SAP2.9PPR2.8

    Source: SWIP

    All data as at 30 Apr 2013 unless otherwise stated

    The Historic Yield reflects distributions declared over the past twelve months as a percentage of the mid-market price, as at the date shown. It does not include the preliminary charge and investors may be subject to tax on their distributions.