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Threadneedle European Select Fund Z Accumulation GBP

Performance History30/06/2020
Growth of 1,000 (GBP) Advanced Graph
Threadneedle European Select Fund Z Accumulation GBP
Fund12.519.6-10.627.45.1
+/-Cat-3.92.71.28.27.0
+/-B’mrk-6.13.7-0.77.47.7
 
Category: Europe ex-UK Equity
Category Benchmark: MSCI Europe Ex UK NR EUR
Key Stats
NAV
10/07/2020		 GBP 2.42
Day Change -0.04%
Morningstar Category™ Europe ex-UK Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN GB00B8BC5H23
Fund Size (Mil)
30/06/2020		 GBP 1705.77
Share Class Size (Mil)
09/07/2020		 GBP 1011.69
Max Initial Charge 3.00%
Ongoing Charge
07/03/2020		  0.83%
Morningstar Research
Analyst Report

Threadneedle European Select recently lost its co-portfolio manager and its dedicated analyst, but the continuity provided by experienced skipper David Dudding is reassuring. The fund retains a Morningstar Analyst Rating of Bronze. In April 2019,...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentNeutral
ProcessPositive
PerformancePositive
PricePositive
Investment Objective: Threadneedle European Select Fund Z Accumulation GBP
The Fund aims to achieve above average capital growth over the long term. It looks to outperform the FTSE World Europe ex UK Index over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least 75% of its assets in a concentrated portfolio of shares of companies domiciled in Continental Europe, or which have significant Continental European business operations.
Returns
Trailing Returns (GBP)10/07/2020
YTD6.51
3 Years Annualised8.06
5 Years Annualised10.63
10 Years Annualised*12.16
12 Month Yield 0.81
Management
Manager Name
Start Date
Benjamin Moore
01/04/2019
Dave Dudding
01/07/2008
Inception Date
01/10/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE World Eur Ex UK TR EURMSCI Europe Ex UK NR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Threadneedle European Select Fund Z Accumulation GBP31/05/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.820.0097.82
Bond0.000.000.00
Property0.000.000.00
Cash2.200.022.18
Other0.000.000.00
Top 5 Regions%
Eurozone65.92
Europe - ex Euro32.10
United Kingdom1.98
United States0.00
Canada0.00
Top 5 Sectors%
Healthcare20.96
Technology19.64
Industrials17.95
Consumer Defensive13.78
Basic Materials12.32
Top 5 HoldingsSector%
Nestle SAConsumer DefensiveConsumer Defensive6.06
SAP SETechnologyTechnology5.00
Worldline SATechnologyTechnology4.51
Novo Nordisk A/S BHealthcareHealthcare4.39
Lonza Group LtdHealthcareHealthcare4.35
Increase Decrease New since last portfolio
Threadneedle European Select Fund Z Accumulation GBP

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* This share class has performance data calculated prior to the inception date, 2012-10-01. This is based upon a simulated/extended track record, using the track record of Threadneedle European Sel Rtl Acc GBP (ISIN: GB0001529345), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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