Barings Europe Select Trust - Class A EUR Acc
Unit Trust domiciled in United Kingdom
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Unit Trust

Objective: To provide capital growth by investing in Europe excluding the United Kingdom. Investment Policy: To invest at least 75% of the fund directly or indirectly in the shares of smaller companies incorporated, listed, or exercise the predominant part of their economic activity in Europe excluding the United Kingdom. Smaller companies are companies in the bottom 30% market capitalisation of European listed companies (excluding the United Kingdom). The Fund’s exposure to indirect investments may be gained through other funds (including those managed by Barings or associated companies), transferable securities and derivatives. The Fund is actively managed and the investment manager has discretion in the choices of investments in order to achieve the fund’s objective and is not constrained by a benchmark. The Fund aims to select attractively priced companies with long term growth prospects typically following a strategy known as Growth at a Reasonable Price (GARP). The Fund’s strategy focuses on companies with well- established business franchises, strong management and improving balance sheets. - The remainder of the fund may invest outside of Europe (including in the United Kingdom), as well as in larger companies, and in bonds (such as those issued by governments, sovereigns, supranationals and companies globally) and cash. - The fund may use derivative instruments for both investment and hedging purposes. The return on a derivative is linked to movements in an underlying instrument referenced by the derivative such as currency or interest rates. The base currency of the fund is GBP. Share Class Currency Hedging:This share class is not hedged. Therefore the performance of this share class will be impacted by foreign exchange rate fluctuations between the share class currency and the base currency of the fund. Distribution Policy: N/A - Income will be rolled up into the value of your investment. Dealing Frequency: Daily. Investors can buy and sell their shares on demand on each Business Day (as defined in the prospectus and supplement). Benchmark: EMIX Smaller European Companies Ex UK (Total Gross Return) Index. The Fund is actively managed and is not designed to track the benchmark therefore the Fund's performance may deviate materially from the benchmark. The investment manager has complete discretion in making investments and is not constrained by the benchmark. The fund may invest significantly in instruments which are not included in the benchmark. The benchmark is used only for risk management and performance comparison purposes. The investment manager may consider, for example, issuer exposures, sector weights, country weights and tracking error in each case relative to the benchmark but does not use the benchmark as an investment limitation. For full details on the Objective, Investment Policy and the Distribution Policy please refer to the prospectus.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Silver
Silver
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 21/09/202050.92
Morningstar categoryEurope ex-UK Small/Mid-Cap Equity
CurrencyEUR
Distribution statusAccumulating
ISINGB00B3NSX137
Inception Date15/10/2009
Minimum initial amount5,000.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.55% of which 0.75% is paid to MeDirect
Fund management company
AddressBaring Fund Managers Ltd 51 New North Road Exeter Devon EX4 4EP United Kingdom
Manager NameNicholas M. Williams
Manager Start Date31/10/2004
WebsiteBeaufort House
Total Net Assets (mil)1,563.78 EUR (31/08/2020)
UCITSYes
AdministratorNorthern Trust Global Services SE

Documents

Prospectus
en 31/08/2020
Annual Report
en 31/08/2019
Semi Annual Report
en 29/02/2020
Morningstar Report
22/09/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year0.47%21/09/2020
3 years2.75%21/09/2020
5 years7.00%21/09/2020
10 years10.88%21/09/2020
Since launch11.13%21/09/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-4.96
1 month0.10
3 months4.39
6 months31.68
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-23.11%18.54%--
201912.71%5.19%0.64%6.27%
2018-2.19%4.09%1.84%-15.02%
20177.76%5.67%2.73%1.05%
2016-4.15%-1.53%7.27%1.43%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock94.89%0.00%94.89%
Bond0.00%0.00%0.00%
Cash5.11%0.00%5.11%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
24.0216.9814.94
Sharpe Ratio
0.290.340.57
Sortino Ratio
0.370.470.81
Positive Months9.0023.0037.00
Negative Months3.0013.0023.00
Worst Month-17.29-17.29-17.29
World Regions
Region%
Eurozone67.89
Europe - ex Euro25.92
United Kingdom1.08
Stock Sector Weighting
Sector% of Equity
Financial Services19.96
Industrials18.83
Consumer Cyclical
11.33
Healthcare9.69
Technology9.67
Communication Services9.29
Consumer Defensive
4.78
Energy3.88
Basic Materials3.60
Utilities3.38
Real Estate0.49
Top 10 Holdings
HoldingSectorCountry% of Assets
Euronext NV Financial ServicesFrance2.12
ASM International NV TechnologyNetherlands2.09
IMCD NV Basic MaterialsNetherlands1.97
Scout24 AG Communication ServicesGermany1.97
SIG Combibloc Group AG Ordinary Shares Consumer CyclicalSwitzerland1.89
Koninklijke Vopak NV EnergyNetherlands1.81
KION GROUP AG IndustrialsGermany1.79
Teleperformance SE IndustrialsFrance1.76
Cembra Money Bank AG Financial ServicesSwitzerland1.73
Valmet Corp IndustrialsFinland1.72
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
50.92
Closing Price
All key information and documents must be reviewed before being able to Invest.