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SKANDIA EUROPEAN BEST IDEAS GBP - Fund overview

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Overview of SKANDIA EUROPEAN BEST IDEAS GBP

At the start of 2010 Skandia took the decision to reduce the manager list to x6 from x10 thereby increasing portfolio conviction at the stock and fund manager level with a view to improving the performance profile of the fund. The concept focuses each manager on his highest conviction stocks and is the epitome of active fund management. The final portfolio could at times be aggressively positioned across the UK market capitalisation range, but is diversified with up to 60 ideas.

Standard Initial Charge

5.00% –

Fund summary

Sector	–
Product type	OFFSHORE FUND
Launched	March, 2008
Size	–
Yield	0.0%
Charging basis	–
Dividends paid	–
Bid price	70.30p

Fund Charges

Standard Initial charge	5.00%
Initial charge via Bestinvest	–
Additional bid/offer spread	2.36%
Annual management charge	1.50%
Total expense ratio	1.50%
Reduction in yield (10yr)	1.74%

Bestinvest says

No information available.

Portfolio

skandia european best ideas gbp asset allocation illustration

Allocation		Proportion

	Equity	100%
	High yield bonds	–
	Quality bonds	–
	Property	–
	Commodities	–
	Hedge	–
	Fund cash	–

skandia european best ideas gbp equity geographic illustration

Allocation		Proportion

	UK	30%
	Europe	70%
	Nth America	–
	Japan	–
	Pacific	–
	Other Equity	–

skandia european best ideas gbp equity capitalisation illustration

Allocation		Proportion

	Large Caps	80%
	Mid Caps	15%
	Small Caps	5%

View all performance data for SKANDIA EUROPEAN BEST IDEAS GBP

Investment process

The fund invests in the ten best ideas of six managers from different investment houses, giving 60 stocks in total. Whilst Skandia monitor individual manager performance and may change a manager at any time, they do not enforce a top down view of the economy so any sector allocation is purely a function of the stock ideas.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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