30/04/19 to 30/04/20 |
30/04/20 to 30/04/21 |
30/04/21 to 30/04/22 |
30/04/22 to 30/04/23 |
30/04/23 to 30/04/24 |
|
---|---|---|---|---|---|
Fund | -5.0% | 21.0% | -7.0% | -4.1% | 18.8% |
Sector | -7.2% | 35.5% | -2.6% | 10.9% | 9.3% |
Rank | 38/127 | 125/129 | 119/134 | 138/141 | 3/142 |
Quartile | 2 | 4 | 4 | 4 | 1 |
Annualised | ||||
---|---|---|---|---|
3 Years to 30/04/24 |
5 Years to 30/04/24 |
10 Years to 30/04/24 |
||
Fund | 2.0% | 4.0% | 3.8% | |
Sector | 5.7% | 8.2% | 7.8% | |
Rank | 115/134 | 119/127 | 96/97 | |
Quartile | 4 | 4 | 4 |
Stock | % Weight |
---|---|
VNV GLOBAL AB | 7.50 |
EDP RENOVAVEIS SA | 4.87 |
POLYUS PJSC | 4.51 |
WAREHOUSES DE PAUW NV | 4.27 |
ZOOM VIDEO COMMUNICATIONS INC | 4.15 |
AMAZON.COM INC | 3.94 |
SILTRONIC AG | 3.92 |
INFRASTRUTTURE WIRELESS ITALIA SPA | 3.44 |
LOGITECH INTERNATIONAL SA | 3.15 |
AMS AG | 3.14 |
Total | 42.89 |
To achieve above average returns and attempt to perform a top quartile profile when measured against competing funds in the same sector.
Barry Norris graduated from Cambridge University in 1996 with an MA in History, and in 1997 with an MPhil in International Relations (with distinction). He also holds the CFA charter, the IMC and IIMR qualifications. Following graduation, Barry joined Baillie Gifford, moving to Neptune Investment Management in June 2002 as Head of European Equities. There he had sole responsibility for the European Opportunities Fund from its launch in November 2002 before founding Argonaut in 2005. The Argonaut European Alpha Fund, which was launched in May 2005, is managed by Barry along very similar lines using his distinct “earnings momentum” process. Barry also manages the Ignis Argonaut Pan European Fund, launched in December 2005 and the Argonaut Absolute Return Fund launched in February 2009. He is a regular contributor to the financial media, appearing frequently on Bloomberg TV and has had opinion pieces published in the Daily Telegraph and the Financial Times.
Mid (09/05/2024) | 232.30p |
Historic yield | 3.10% |
Fund size (30/11/2020) | £42.50m |
Number of holdings | 36 |
Entry Charge | 0.00% |
Ongoing Charges | 0.81% |
Launch date | 16/07/2012 |
International Equities | 94.94% | |
Property | 4.27% | |
Cash and Equivalents | 0.74% | |
Alternative Trading Strategies | 0.04% |
The market suffered a much higher degree of volatility during the month as US inflation stoked fears of higher interest rates, and led to a bout of profit taking. The fall in the price of oil saw related sectors hit particularly badly. The fund underperformed its sector average* as a number of key holdings were indiscriminately sold off regardless of their fundamentals. Norwegain stocks were hit as 'hot money' flew out short term. We expect the market will recover fairly quickly repeating the scenario of the March/April peroid of volatility. We do not believe anything fundamental has changed and valutions remain attractive. The fund has taken advantage of buying those stocks which were sold off and have already bounce upwards. We continue to focus on company fundamentals, which are excellent within the portfolio.*Source: Lipper, bid to bif, net income reinvested to 31/10/05
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
International Equities | 94.94% | |
Property | 4.27% | |
Cash and Equivalents | 0.74% | |
Alternative Trading Strategies | 0.04% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Consumer Discretionary | 22.37% | - | - | - | |
Consumer Products & Services | - | 9.42% | - | - | |
Leisure Goods | - | - | 4.82% | - | |
Electronic Entertainment | - | - | - | 4.82% | |
Household Goods & Home Construction | - | - | 2.77% | - | |
Home Construction | - | - | - | 2.77% | |
Consumer Services | - | - | 1.83% | - | |
Rental & Leasing Services: Consumer | - | - | - | 1.83% | |
Media | - | 4.95% | - | - | |
Media | - | - | 4.95% | - | |
Publishing | - | - | - | 2.99% | |
Radio & TV Broadcasters | - | - | - | 1.95% | |
Travel & Leisure | - | 4.06% | - | - | |
Travel & Leisure | - | - | 4.06% | - | |
Travel & Tourism | - | - | - | 2.28% | |
Airlines | - | - | - | 1.78% | |
Retail | - | 3.94% | - | - | |
Retailers | - | - | 3.94% | - | |
Diversified Retailers | - | - | - | 3.94% | |
Financials | 18.71% | - | - | - | |
Financial Services | - | 7.50% | - | - | |
Investment Banking & Brokerage Services | - | - | 7.50% | - | |
Asset Managers & Custodians | - | - | - | 7.50% | |
Banks | - | 5.63% | - | - | |
Banks | - | - | 5.63% | - | |
Banks | - | - | - | 5.63% | |
Insurance | - | 5.57% | - | - | |
Non-life Insurance | - | - | 5.57% | - | |
Full Line Insurance | - | - | - | 2.83% | |
Reinsurance | - | - | - | 2.75% | |
Technology | 17.21% | - | - | - | |
Technology | - | 17.21% | - | - | |
Technology Hardware & Equipment | - | - | 10.22% | - | |
Semiconductors | - | - | - | 7.06% | |
Computer Hardware | - | - | - | 3.15% | |
Software & Computer Services | - | - | 6.99% | - | |
Software | - | - | - | 4.15% | |
Consumer Digital Services | - | - | - | 2.84% | |
Basic Materials | 9.44% | - | - | - | |
Basic Resources | - | 9.44% | - | - | |
Industrial Metals & Mining | - | - | 4.93% | - | |
Iron & Steel | - | - | - | 2.93% | |
Nonferrous Metals | - | - | - | 2.00% | |
Precious Metals & Mining | - | - | 4.51% | - | |
Gold Mining | - | - | - | 4.51% | |
Health Care | 9.00% | - | - | - | |
Health Care | - | 9.00% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 7.09% | - | |
Pharmaceuticals | - | - | - | 5.05% | |
Biotechnology | - | - | - | 2.03% | |
Health Care Providers | - | - | 1.91% | - | |
Health Care Services | - | - | - | 1.91% | |
Real Estate | 5.22% | - | - | - | |
Real Estate | - | 5.22% | - | - | |
Real Estate Investment Trusts | - | - | 5.22% | - | |
Industrial REITs | - | - | - | 4.27% | |
Office REITs | - | - | - | 0.95% | |
Utilities | 4.87% | - | - | - | |
Utilities | - | 4.87% | - | - | |
Electricity | - | - | 4.87% | - | |
Alternative Electricity | - | - | - | 4.87% | |
Industrials | 4.87% | - | - | - | |
Industrial Goods & Services | - | 4.87% | - | - | |
Industrial Support Services | - | - | 3.00% | - | |
Transaction Processing Services | - | - | - | 3.00% | |
Aerospace & Defence | - | - | 1.86% | - | |
Aerospace | - | - | - | 1.86% | |
Telecommunications | 3.44% | - | - | - | |
Telecommunications | - | 3.44% | - | - | |
Telecommunications Service Providers | - | - | 3.44% | - | |
Telecommunications Services | - | - | - | 3.44% | |
Energy | 2.12% | - | - | - | |
Energy | - | 2.12% | - | - | |
Non-Renewable Energy | - | - | 2.12% | - | |
Integrated Oil & Gas | - | - | - | 2.12% | |
Consumer Staples | 1.98% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 1.98% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 1.98% | - | |
Drug Retailers | - | - | - | 1.98% | |
Cash and Equivalents | 0.74% | - | - | - | |
Alternative Trading Strategies | 0.04% | - | - | - | |
Alternative Trading Strategies | - | 0.04% | - | - | |
Alternative Trading Strategies | - | - | 0.04% | - | |
Alternative Trading Strategies | - | - | - | 0.04% | |
Non-Classified | 0.00% | - | - | - |
Developed Europe - Excl UK | 59.81% | |
North America | 20.92% | |
Emerging Europe | 14.26% | |
Property | 4.27% | |
Cash and Equivalents | 0.74% |
Non-Fixed Interest Assets | 93.53% | |
Cash | 3.01% | |
US Dollar | 1.33% | |
Pound Sterling | 1.28% | |
Unrecognised | 0.23% | |
Australian Dollar | 0.20% | |
Other Currencies | 0.38% |
Region | Country | ||
---|---|---|---|
Developed Europe - Excl UK | 59.81% | - | |
Italy | - | 9.27% | |
Sweden | - | 7.54% | |
Switzerland | - | 5.90% | |
Germany | - | 5.83% | |
Luxembourg | - | 4.88% | |
Spain | - | 4.87% | |
France | - | 4.72% | |
Denmark | - | 4.08% | |
Netherlands | - | 3.85% | |
Austria | - | 3.14% | |
Norway | - | 2.99% | |
Ireland | - | 1.78% | |
Belgium | - | 0.95% | |
North America | 20.92% | - | |
United States | - | 20.92% | |
Emerging Europe | 14.26% | - | |
Russian Federation | - | 11.44% | |
Hungary | - | 2.81% | |
Property | 4.27% | - | |
Cash and Equivalents | 0.74% | - |
Mega |
|
14.17% |
Large |
|
20.67% |
Medium |
|
4.60% |
Small |
|
0.95% |
Non-Classified |
|
58.87% |
Cash |
|
0.74% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | VNV GLOBAL AB | 7.50% | Investment Banking & Brokerage Services | Sweden |
2 | EDP RENOVAVEIS SA | 4.87% | Electricity | Spain |
3 | POLYUS PJSC | 4.51% | Precious Metals & Mining | Russian Federation |
4 | WAREHOUSES DE PAUW NV | 4.27% | Real Estate Investment Trusts | Direct Property and REITs |
5 | ZOOM VIDEO COMMUNICATIONS INC | 4.15% | Software & Computer Services | United States |
6 | AMAZON.COM INC | 3.94% | Retailers | United States |
7 | SILTRONIC AG | 3.92% | Technology Hardware & Equipment | Germany |
8 | INFRASTRUTTURE WIRELESS ITALIA SPA | 3.44% | Telecommunications Service Providers | Italy |
9 | LOGITECH INTERNATIONAL SA | 3.15% | Technology Hardware & Equipment | Switzerland |
10 | AMS AG | 3.14% | Technology Hardware & Equipment | Austria |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | - | 17.21% | - | - | - | - | - | - | 17.21% |
Telecommunications | - | 3.44% | - | - | - | - | - | - | 3.44% |
Financials | - | 18.71% | - | - | - | - | - | - | 18.71% |
Real Estate | - | 0.95% | - | - | - | 4.27% | - | - | 5.22% |
Consumer Discretionary | - | 22.37% | - | - | - | - | - | - | 22.37% |
Consumer Staples | - | 1.98% | - | - | - | - | - | - | 1.98% |
Energy | - | 2.12% | - | - | - | - | - | - | 2.12% |
Utilities | - | 4.87% | - | - | - | - | - | - | 4.87% |
Health Care | - | 9.00% | - | - | - | - | - | - | 9.00% |
Industrials | - | 4.87% | - | - | - | - | - | - | 4.87% |
Basic Materials | - | 9.44% | - | - | - | - | - | - | 9.44% |
Cash and Equivalents | - | - | - | - | - | - | - | 0.74% | 0.74% |
Non-Classified | - | - | - | - | - | - | 0.04% | - | 0.04% |
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | B7MW8T7 |
Mex Code | - |
Isin Code | GB00B7MW8T72 |
Citi Code | G0SN |
Entry Charge | 0.00% |
Ongoing Charges | 0.81% |
Aims | To achieve above average returns and attempt to perform a top quartile profile when measured against competing funds in the same sector. |
Benchmark | MSCI Europe ex UK |
Benchmark Category | - |
IA Sector | Europe Excluding UK |
Valuation frequency | Daily |
Valuation point | 12:00 |
Fund type | OEIC |
Launch price | £1.00 |
Fund currency | Pound Sterling |
Fund domicile | United Kingdom |
ISA allowable | Yes |
SIPP allowable | Yes |
Income frequency | Biannually |
Distribution Type | No income |
Distribution Payment Basis | Net |
Ex dividend date(s) | Income payment date(s) |
---|---|
01 March | 30 April |
01 September | 31 October |
FE Crown |
Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
---|---|
- | - |
Fund Trustee/Depository | NatWest Trustee and Depositary Services Limited |
Fund Administrator | Valu-Trac Investment Management Limited |
Fund Registrar | Valu-Trac Investment Management Limited |
Fund Custodian | Royal Bank of Canada |
Group name | VT Argonaut Capital Partners |
Group address | IFDS Managers – Argonaut PO Box 11954 Chelmsford CM99 2DR |
Group telephone | 0207 152 6107 |
Dealing telephone | 0844 620 0290 |
- | |
Homepage | www.argonautcapitalpartners.co.uk |
Fax number | - |
Minimum Investment | - |
Minimum Top Up | - |
Minimum Regular Saving | - |
Settlement Period: Buy | 4 days |
Settlement Period: Sell | 4 days |
Pricing Basis | Forward |
Dealing Decimals | 4 |
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Ratio | Value |
---|---|
Alpha | -0.79 |
Beta | 0.58 |
Sharpe | 0.00 |
Standard Deviation | 12.49 |
Info Ratio | -0.28 |
Risk Factor | Yes / No |
---|---|
Charges to Capital | No |
Emerging Markets | No |
Concentrated Portfolio | Yes |
Smaller Companies | No |
High Yield Bonds | No |
Sector Specific | No |
Geared Investments | No |
Value of Investments | Yes |
Investments Long Term | Yes |
Property | No |
Exchange Rate | Yes |
Higher Risk | Yes |
Performance Charges | No |
Derivative Exposure | No |
Offshore | No |
Income Eroding Capital Growth | No |
Umbrella Liabilities | No |
New Fund | No |
Solvency of Depository | No |
Solvency of Bond Issuers | No |
Ethical Restrictions | No |
Liquidity | No |
Returns Are Not Guaranteed | Yes |
Inflation | Yes |
Taxation and Tax Relief | Yes |
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features and brochure.
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation will reduce the real value of your investments in future.
Levels of taxation and tax relief are subject to change.
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.