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FP Argonaut European Alpha GBP A Acc

Ranked 29 out of 122 in - Europe Excluding UK over 12 months
All calculations are in GBP unless stated

Managed by

Barry Norris

Barry Norris founded Argonaut in 2005 and is the CEO, CIO and lead fund manager on the Alpha, Pan European and Absolute Return funds which he manages using his distinct “earnings surprise” investment process. In over a decade of successful investing, he has established himself as a leading European equity investor managing over £1bn personally over long only and long/short equity strategies. Barry graduated from Cambridge University in 1996 with an MA in History, and in 1997 with an MPhil in International Relations. He also holds the CFA charter. Following graduation, he joined Baillie Gifford, moving to Neptune in 2002 where he launched and managed the European Opportunities Fund. Barry has managed the Argonaut European Alpha Fund and the Argonaut Pan European Fund since their launch in 2005 and the Argonaut Absolute Return Fund since inception in 2009. He is a regular contributor to the financial media, appearing frequently on Bloomberg TV and CNBC and has had opinion pieces published in the Daily Telegraph and the Financial Times.

Objective

To achieve its objective, the Fund will invest in a concentrated portfolio of approximately 30-60 stocks. The Fund will invest at least 80% 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.

Showing fund performance in United Kingdom View performance globally

Performance

Europe Excluding UK over : 31/03/2017 - 31/03/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -2.8%
2017 13.8% 2.4% 3.2% 2.7% 4.9%
2016 -2.0% -2.9% -7.6% 6.4% 2.7%
2015 15.0% 11.1% -2.4% -2.6% 8.8%
2014 3.0% 10.2% -6.6% -4.5% 4.7%
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

Registered For Sale In

  1. France
  2. Germany
  3. Guernsey
  4. Ireland
  5. Isle of Man
  6. Singapore
  7. Spain
  8. Switzerland
  9. United Kingdom

Fund Info

  • Launch date13/07/2012
  • Share Class size45Mn
  • Base currencyGBX
  • ISIN GB00B4ZRCD05

Purchase Info

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

Charges

  • Annual management1.75%
  • Initial investment5.25

Related News

Argonaut's Norris overweights UK for first time ever

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Argonaut adds sterling share class to flagship fund

The move has been made to protect investors from sterling volatility in the run up to the EU Referendum.

Barry Norris' Argonaut splits from SLI and Russ; Reunites with Polin

In a complex deal with many layers, Argonaut has also sold two of its funds to Liontrust, with manager Olly Russ joining the rival fund firm.

Argonaut: Standard Chartered is a broken business

The developing Asia titan has been managed with too much emphasis on growth and too little emphasis on credit rick

Argonaut's Norris: 50/50 chance of a June Grexit

Argonaut Capital founding partner Barry Norris says a Grexit will be a tragedy for Greece, but not for the rest of Europe.

FP Argonaut European Alpha

Argonaut’s Norris: My best and worst picks of the last decade

The Argonaut European Alpha fund manager passes the milestone and reveals his highlights and lowlights and his outlook for the region.

Argonaut's Norris still shunning 'zombie' banks

IM Argonaut European Alpha manager Barry Norris has seen his pronounced underweight in European banks cause short-term underperformance over the past six months, but he is sticking with his belief that the sector is too volatile to back.

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