Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

FP Argonaut European Alpha GBP A Acc

Ranked 17 out of 108 in - Europe Excluding UK over 12 months
All calculations are in GBP

Managed by

Barry Norris

Barry Norris has established himself as a leading European equity investor through his management of the Argonaut European Alpha funds (2005- present) and previously the Neptune European Opportunities Fund (2002-2005). He is a fundamental stockpicker who runs concentrated portfolios of high conviction ideas. After graduating from Cambridge University where he read history, Norris joined Baillie Gifford as an investment analyst in 1998. A move to Neptune Investment Management in 2002 saw him launch his first fund. Norris went on to found Argonaut Capital Partners with Oliver Russ early in 2005. Away from the office he enjoys golf, boxing, skiing and playing the piano. He is married with three young children.

Objective

To achieve its objective, the Fund will invest in a concentrated portfolio of approximately 30-60 stocks. The Fund will invest predominantly in securities of companies incorporated in continental Europe and Ireland (excluding the UK). The Fund may also invest in companies that are headquartered or quoted outside Europe which derive a significant part of their business from Europe and whose securities are listed or traded on an eligible securities exchange.

Performance

Europe Excluding UK over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 10.2% -6.6% -4.5%
2013 30.7% 11.9% 2.2% 2.8% 11.2%
2012 11.1% 9.8% -11.9% 6.3% 8.1%
2011 -9.6% 1.9% 1.9% -15.5% 3.0%
2010 13.5% 6.4% -10.6% 9.8% 8.7%
2009 26.4% -8.3% 6.5% 36.3% -5.1%
2008 -23.1% -7.9% 4.6% -24.1% 5.1%
2007 9.3% 2.5% 3.2% 2.1% 1.3%
2006 30.4% 19.5% -5.2% 3.2% 11.5%
2005 17.6% 4.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2014

Top 10 Holdings

Stock Size
Actavis PLC ORD 6.04
Ryanair Holdings PLC ORD 6.00
Intesa Sanpaolo SpA PFD 5.81
Groupe Eurotunnel SA ORD 5.32
Airbus Group NV ORD 4.93
Liberty Global PLC ORD 4.91
Unibail-Rodamco SE ORD 4.56
Marine Harvest ASA ORD 4.50
Pandora A/S ORD 4.14
Jyske Bank A/S ORD 4.07
31/10/2014

Registered For Sale In

  1. Denmark
  2. France
  3. Guernsey
  4. Ireland
  5. Isle of Man
  6. Italy
  7. Jersey
  8. Singapore
  9. Spain
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date16/07/2012
  • Share Class size105Mn
  • Base currencyGBP
  • ISIN GB00B4ZRCD05

Purchase Info

  • Min. initial investment50,000
  • Min. additional investment10,000

Charges

  • Annual management1.8%
  • Initial investment5.25

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).