Alken Fund - Small Cap Europe Class EU1

Performance History30/06/2020
Growth of 1,000 (GBP) Advanced Graph
Alken Fund - Small Cap Europe Class EU1
Fund13.936.2-19.85.5-23.8
+/-Cat-3.58.9-1.8-14.7-19.8
+/-B’mrk-2.912.4-4.8-18.6-14.4
 
Key Stats
NAV
10/07/2020
 EUR 128.31
Day Change 0.32%
Morningstar Category™ Europe Small-Cap Equity
ISIN LU0953331096
Fund Size (Mil)
10/07/2020
 EUR 95.98
Share Class Size (Mil)
10/07/2020
 EUR 81.46
Max Initial Charge 5.00%
Ongoing Charge
29/01/2020
  1.61%
Morningstar Research
Analyst Report

Alken Small Cap Europe is led by an experienced stock-picker, but a series of departures in the analyst team combined with concerns about the efficacy of the approach in the small-cap universe have dented our conviction. With a lower conviction...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: Alken Fund - Small Cap Europe Class EU1
The fund’s objective is to provide capital growth and to enable investors to benefit from growth in the European equity market, primarily through dynamic investment in a growth/value style biased portfolio of equity securities of undervalued European companies with a high growth potential focusing albeit not exclusively on small caps being companies with a capitalization of less than 3 billion Euros, and mid caps being companies with a market capitalization of around more than 3 billion Euros but less than 10 billion Euros. This Sub-Fund is a relative return fund implying a medium tolerance to risk, with the objective to realize a relative net performance over the Dow Jones TMI Small Cap EUR (Return) Index. The Sub-Fund will invest at least 75% of its total assets in equity and equity related securities issued by companies that are headquartered in Europe, or conduct the preponderant part of their activity in Europe which are small and mid caps as defined above.
Returns
Trailing Returns (GBP)10/07/2020
YTD-24.94
3 Years Annualised-10.31
5 Years Annualised1.05
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Nicolas Walewski
01/09/2010
Marc Festa
01/01/2011
Inception Date
12/09/2013
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
STOXX Europe TMI Small NR EURMSCI Europe Small Cap 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  Alken Fund - Small Cap Europe Class EU131/03/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock103.570.00103.57
Bond0.000.000.00
Property0.000.000.00
Cash0.003.57-3.57
Other0.000.000.00
Top 5 Regions%
Eurozone82.81
United Kingdom12.98
Latin America4.21
United States0.00
Canada0.00
Top 5 Sectors%
Technology21.50
Industrials16.05
Financial Services14.47
Consumer Cyclical13.56
Consumer Defensive13.10
Top 5 HoldingsSector%
Wirecard AGTechnologyTechnology12.59
Energean Oil & Gas PLCEnergyEnergy5.74
Trigano SAConsumer CyclicalConsumer Cyclical5.31
ALD SAIndustrialsIndustrials4.94
Banca IfisFinancial ServicesFinancial Services4.87
Alken Fund - Small Cap Europe Class EU1

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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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