Aviva Investors Continental European Equity 1

Invests in a diversified portfolio of continental European shares.

  • 234.80p Price (Inc)
  • - Price (Acc)
  • 0.00% Initial charge
  • 1.00% Annual management charge
  • 1.00% Ongoing charges
  • 1.50% Yield

Prices as at 06 December 2019, fund data last updated 27 March 2018

The fund aims to provide long term capital appreciation through diversified investment within and across European equity markets. Allocations to individual markets will vary over time. Individual equity selections is based on price and long term total return prospects.

Fund summary

Sector Europe Excluding UK
Structure OEIC
Launched June, 1986
Size £153m
Yield 1.50%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.00%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 -0.04%
  • 17/18 -0.40%
  • 18/19 -0.59%

Bestinvest MRI

  • 3 years -0.34%
  • 5 years 0.00%
  • Career -0.40%
  • 3 years 4.30%
  • 5 years 0.00%
  • Career 2.10%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Frederic Guignard / Ed Kevis

Kevis joined the investment industry in 2008 and Aviva Investors in 2013. His responsibilities include supporting the day to day running of all other European Equity funds run out of London office. His specialism is in the Support Services sector. Je progressed to his current role in 2015 after working as the assistant fund manager for European Equities, and was initially hired as a support services equity analyst for the European and UK Equity team. He began his career with Lloyds Banking Group, initially joining the Business Specialist Scheme with various roles in corporate lending, strategy and risk management in the Wholesale Banking division, and then moving to the Business Support Unit Investments team, initially in the Portfolio team but later moving to a transaction and portfolio role. Kevis holds a BA (Hons) in Finance Accounting and Management from the University of Nottingham, and an Applied Diploma in Corporate Banking. He has also passed Level 1 of the IMC and is a CFA charterholder.

Track record

Frederic Guignard / Ed Kevis has 3.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.4%. During the worst period of relative performance (from October 2016 - October 2019) there was a decline of 14% relative to the index. The worst absolute loss has been 19%.

Periods of worst performance

Absolute -19.00% (January 2018 - December 2018)
Relative -14.00% (October 2016 - October 2019)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Top 10 holdings

Data accurate as at 31 August 2019

4.79% Novartis Ag
4.79% Sap Se
4.15% Air Liquide ( Shs
3.65% Lvmh Moet Hennessy Vuitton Se
3.41% Asml Holding Nv
3.28% Nestle Sa
3.18% Anheuser-Busch Inbev Sa/Nv
3.12% Axa Sa
2.96% Bayer Ag
2.82% Airbus Se
Source: Trustnet

Sector breakdown

Consumer Goods 21.00%
Health Care 19.00%
Financials 17.00%
Industrials 16.00%
Technology 12.00%
Basic Materials 7.00%
Oil & Gas 3.00%
Utilities 2.00%
Others 2.00%
Consumer Services 2.00%

Key Investor Information

Download