TM Lansdowne European Special Situations Fund Class I Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/06/19
to
30/06/20		 30/06/20
to
30/06/21		 30/06/21
to
30/06/22		 30/06/22
to
30/06/23		 30/06/23
to
30/06/24
Fund -3.5% 20.0% -15.3% 12.7% 16.7%
Sector 0.9% 23.7% -12.6% 18.4% 11.7%
Rank 87/127 102/129 105/134 117/139 11/140
Quartile 3 4 4 4 1

Annualised performance

Annualised
3 Years to
30/06/24		 5 Years to
30/06/24		 10 Years to
30/06/24
Fund 3.7% 5.2% 7.9%
Sector 4.9% 7.6% 8.0%
Rank 99/134 104/127 59/97
Quartile 3 4 3

Top 10 Holdings

Stock % Weight
INTESA SANPAOLO SPA 6.96
SCHNEIDER ELECTRIC SE 6.84
TOTAL SE 5.69
ASML HOLDING N.V. 5.52
KBC GROEP NV 5.23
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN 5.05
NOVO NORDISK A/S 4.90
ESSILORLUXOTTICA 4.89
WOLTERS KLUWER N.V. 4.77
LINDE PUBLIC LIMITED COMPANY 4.55
Total 54.40

Fund Aims

The investment objective of the Fund is to achieve long term capital growth by investing in European (excluding the UK) equities of companies in special situations.

Fund Manager

Daniel Avigad manager for 0 years and 10 months

Photo of Daniel Avigad Daniel joined Lansdowne Partners in April 2006 and is the Portfolio Manager for the European Long Only Strategy. Prior to joining Lansdowne, Daniel worked for five years in the Pan-European telecoms services equities research team at Dresdner Kleinwort Wasserstein which was ranked 1st in the 2005 Extel Survey. Daniel holds a Master’s degree with Distinction in Information Technology and a First Class Honours for his Bachelor degree in Mechanical Engineering with Mathematics from the University of Nottingham. Daniel is a holder of the CFA. Daniel has been a Partner of the firm since April 2011 and has sat on the Management Committee since September 2018.

Fund Overview

Mid (26/07/2024) 256.34p
Historic yield 1.80%
Fund size (31/05/2024) £422.29m
Number of holdings 26
Entry Charge 0.00%
Ongoing Charges 0.85%
Launch date 08/06/2015

Asset Allocation

pie chart
  International Equities 95.10%
  UK Equities 4.90%
Portfolio data accurate as at: 31/05/24

Important Information

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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 95.10%
  UK Equities 4.90%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Consumer Discretionary 20.91% - - -
 
 Media - 7.63% - -
 
 Media - - 7.63% -
 
 Publishing - - - 4.77%
 
 Media Agencies - - - 2.86%
 
 Consumer Products & Services - 5.53% - -
 
 Personal Goods - - 3.49% -
 
 Luxury Items - - - 3.49%
 
 Consumer Services - - 2.04% -
 
 Vending & Catering Service - - - 2.04%
 
 Automobiles & Parts - 5.05% - -
 
 Automobiles & Parts - - 5.05% -
 
 Tires - - - 5.05%
 
 Travel & Leisure - 2.69% - -
 
 Travel & Leisure - - 2.69% -
 
 Airlines - - - 2.69%
 
 Industrials 16.83% - - -
 
 Industrial Goods & Services - 9.10% - -
 
 Electronic & Electrical Equipment - - 6.84% -
 
 Electrical Components - - - 6.84%
 
 Aerospace & Defence - - 2.26% -
 
 Defense - - - 2.26%
 
 Construction & Materials - 7.73% - -
 
 Construction & Materials - - 7.73% -
 
 Construction - - - 4.18%
 
 Building Materials: Other - - - 3.55%
 
 Financials 16.82% - - -
 
 Banks - 13.66% - -
 
 Banks - - 13.66% -
 
 Banks - - - 13.66%
 
 Insurance - 3.16% - -
 
 Non-life Insurance - - 3.16% -
 
 Property & Casualty Insurance - - - 3.16%
 
 Health Care 14.23% - - -
 
 Health Care - 14.23% - -
 
 Medical Equipment & Services - - 8.13% -
 
 Medical Supplies - - - 8.13%
 
 Pharmaceuticals & Biotechnology - - 6.10% -
 
 Pharmaceuticals - - - 6.10%
 
 Technology 9.50% - - -
 
 Technology - 9.50% - -
 
 Technology Hardware & Equipment - - 5.52% -
 
 Production Technology Equipment - - - 5.52%
 
 Software & Computer Services - - 3.97% -
 
 Computer Services - - - 3.97%
 
 Basic Materials 6.89% - - -
 
 Chemicals - 4.55% - -
 
 Chemicals - - 4.55% -
 
 Chemicals: Diversified - - - 4.55%
 
 Basic Resources - 2.33% - -
 
 Industrial Metals & Mining - - 2.33% -
 
 General Mining - - - 2.33%
 
 Energy 5.69% - - -
 
 Energy - 5.69% - -
 
 Non-Renewable Energy - - 5.69% -
 
 Integrated Oil & Gas - - - 5.69%
 
 Utilities 3.37% - - -
 
 Utilities - 3.37% - -
 
 Electricity - - 3.37% -
 
 Conventional Electricity - - - 3.37%
 
 Consumer Staples 2.92% - - -
 
 Food, Beverage & Tobacco - 2.92% - -
 
 Food Producers - - 2.92% -
 
 Food Products - - - 2.92%
 
 Telecommunications 2.84% - - -
 
 Telecommunications - 2.84% - -
 
 Telecommunications Service Providers - - 2.84% -
 
 Telecommunications Services - - - 2.84%

Regional Allocation

pie chart
  Developed Europe - Excl UK 95.10%
  UK 4.90%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 95.03%
  Cash 4.27%
  Norwegian Krone 0.70%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 95.10% -
 
 France - 31.83%
 
 Switzerland - 13.21%
 
 Netherlands - 10.29%
 
 Italy - 9.22%
 
 Ireland - 7.25%
 
 Belgium - 5.23%
 
 Sweden - 5.18%
 
 Denmark - 4.90%
 
 Spain - 3.37%
 
 Finland - 3.16%
 
 Germany - 1.47%
 
 UK 4.90% -
 
 United Kingdom - 4.90%

Breakdown By Market Cap (%)

Mega
 
 
67.88%
Large
 
 
6.66%
Medium
 
 
5.10%
Non-Classified
 
 
20.36%

Top 10 Holdings

Stock % Weight Sector Country
1 INTESA SANPAOLO SPA 6.96% Banks Italy
2 SCHNEIDER ELECTRIC SE 6.84% Electronic & Electrical Equipment France
3 TOTAL SE 5.69% Non-Renewable Energy France
4 ASML HOLDING N.V. 5.52% Technology Hardware & Equipment Netherlands
5 KBC GROEP NV 5.23% Banks Belgium
6 COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN 5.05% Automobiles & Parts France
7 NOVO NORDISK A/S 4.90% Pharmaceuticals & Biotechnology Denmark
8 ESSILORLUXOTTICA 4.89% Medical Equipment & Services France
9 WOLTERS KLUWER N.V. 4.77% Media Netherlands
10 LINDE PUBLIC LIMITED COMPANY 4.55% Chemicals Ireland

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 9.50% - - - - - - 9.50%
Telecommunications - 2.84% - - - - - - 2.84%
Financials - 16.82% - - - - - - 16.82%
Consumer Discretionary 4.90% 16.01% - - - - - - 20.91%
Consumer Staples - 2.92% - - - - - - 2.92%
Energy - 5.69% - - - - - - 5.69%
Utilities - 3.37% - - - - - - 3.37%
Health Care - 14.23% - - - - - - 14.23%
Industrials - 16.83% - - - - - - 16.83%
Basic Materials - 6.89% - - - - - - 6.89%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Identification Codes

Sedol Code BTJRPZ4
Mex Code 0JAAO
Isin Code GB00BTJRPZ43
Citi Code GMZ6

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.85%

Aims and Benchmark

Aims The investment objective of the Fund is to achieve long term capital growth by investing in European (excluding the UK) equities of companies in special situations.
Benchmark The Investment Association Europe ex UK Sector is used as a performance comparator
Benchmark Category Comparator
IA Sector Europe Excluding UK

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £100.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 April 31 May
01 October 30 November

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository State Street Trustees Limited
Fund Administrator State Street Bank and Trust Company
Fund Registrar SS&C Financial Services Europe Limited
Fund Custodian State Street Bank and Trust Company

Group Details

Group name TM OEIC
Group address Thesis Asset Management Limited Exchange Building St John's Street Chichester West Sussex PO19 1UP
Group telephone +44 (0)1243 531 234
Dealing telephone +44 (0)1243 531 234
Email ed.baynton-williams@tutman.co.uk
Homepage https://www.thesisam.com/
Fax number -

Dealing

Minimum Investment £15000000
Minimum Top Up £500000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 4

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Important Information

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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.