FP Argonaut Absolute Return I Acc EUR
Latest (Mid) Price:
EUX 169.72
Day Change:
+0.74%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 1.90 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 32,797,600.00 | Launch Date | 18/02/2009 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | EUX | ISA Eligible | No | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 3,000,000.00 | Total Expense Ratio (%) | 1.90 |
| ISIN | GB00B779CH97 | Min Topup (£) | 1,000.00 | Ongoing Charge (%) | 1.9000 (on 28/02/2020) |
Fund Objective
To provide positive absolute returns in Sterling share class currency over a 3 year rolling period, utilising a variety of asset classes and regardless of market conditions. The Fund will not be managed against any formal benchmark. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the 3 year rolling periods or in respect of any other time period.
Fund Managers
Barry Norris
Barry Norris founded Argonaut in 2005 and manages the FP Argonaut European Alpha fund using his “earnings surprise” investment process. Barry began managing money in 2002 at Neptune, having begun his career at Baillie Gifford. He was educated at Cambridge University and has an MA in History, and an MPhil in International Relations.
Asset Breakdown
| Name | Weight |
|---|---|
| Alternative Investment Strateg | 61.00% |
| International Equities | 11.00% |
| Money Market | 89.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 2.00% |
| Belgium | 3.00% |
| Canada | 1.00% |
| Denmark | 0.00% |
| France | 0.00% |
| Germany | 3.00% |
| Ireland | 0.00% |
| Italy | 2.00% |
| Luxembourg | 1.00% |
| Mexico | 1.00% |
| Netherlands | 2.00% |
| Russia | 9.00% |
| Spain | 4.00% |
| Sweden | 9.00% |
| Switzerland | 0.00% |
| UK | 3.00% |
| USA | 28.00% |
| Ukraine | 2.00% |
| United Arab Emirates | 0.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Communications | 2.00% |
| Consumer Discretionary | 27.00% |
| Consumer Staples | 0.00% |
| Financials | 0.00% |
| Health Care | 0.00% |
| Industrials | 8.00% |
| Information Technology | 7.00% |
| Materials | 14.00% |
| Real Estate | 3.00% |
| Utilities | 4.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| VNV GLOBAL AB | 9.00% |
| SILTRONIC AG | 8.00% |
| CLEVELAND-CLIFFS INC | 4.00% |
| EDP RENOVAVEIS SA | 4.00% |
| POLYUS PJSC | 4.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
