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MSMM European Small Cap B

Ranked 59 out of 86 in - European Small & Medium Companies over 12 months
All calculations are in GBP unless stated

Managed by

Ronnie Sabel

Ronnie Sabel is a portfolio manager for Russell Investments, in the investment division. Based in London, Ronnie has portfolio management responsibility for many of Russell Investment’s UK and European equity multi-manager funds. As well as manager selection and fund construction, he is also involved with conducting ongoing reviews of funded managers and is also involved in the research of the broader UK and European manager universes. Prior to this role, Ronnie worked as an associate portfolio manager and senior portfolio analyst within the European team, after joining Russell Investments in 2004 as a portfolio analyst. Prior to joining Russell Investments, Ronnie spent six years with ING Investment Management in Australia, including working for Optimix, their multi-manager arm at the time, as a research analyst. Ronnie is an actuary and a CFA Charterholder.

Objective

The Fund's investment objective is to achieve capital appreciation by investing in European equity securities, including common stock, American depository receipts, global depository receipts, convertibles and warrants, listed on the Regulated Markets in Europe. Investments in warrants shall not exceed 5 per cent. of the net assets of The European Small Cap Fund. Investments in small to medium sized companies may involve greater risk because these companies generally have a limited track record and often experience higher price volatility.

Showing fund performance in United Kingdom View performance globally

Performance

European Small & Medium Companies over : 31/01/2018 - 31/01/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 -18.6% -5.1% 4.7% -1.9% -16.6%
2017 23.1% 8.9% 5.6% 5.6% 1.3%
2016 15.1% -1.1% -1.9% 14.2% 3.9%
2015 15.2% 11.9% -1.0% -2.6% 6.8%
2014 -1.8% 6.5% -5.9% -6.7% 5.0%
2013 34.1% 12.1% 0.4% 9.4% 8.9%
2012 20.8% 15.9% -8.8% 6.9% 6.9%
2011 -17.9% 2.5% 1.8% -23.5% 2.8%
2010 27.4% 8.7% -12.8% 17.0% 14.8%
2009 31.0% -9.0% 9.9% 30.0% 0.7%
2008 -36.2% -7.4% -4.6% -18.4% -11.5%
2007 -2.3% 7.1% 3.4% -8.6% -3.5%
2006 20.2% 16.5% -7.6% 1.3% 10.3%
2005 34.1% 8.5% 4.9% 13.1% 4.2%
2004 25.8% 7.0% 2.5% -0.6% 15.4%
2003 41.0% -5.5% 22.7% 12.4% 8.2%
2002 -28.3% 2.6% -9.9% -27.2% 6.5%
2001 -26.3% -10.7% -3.5% -25.9% 15.5%
2000 12.6% 24.0% -3.1% 3.5% -9.5%
1999 54.3% 2.7% 9.1% -1.2% 39.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
Russell Investments Euro Liquidity R Roll Up 4.28%
Flsmidth & Co A/S ORD 2.33%
Europcar Mobility Group SA ORD 2.03%
Fnac Darty SA ORD 1.92%
Koninklijke Vopak NV ORD 1.63%
Elior Group SA ORD 1.63%
Dometic Group AB (publ) ORD 1.56%
Orange Belgium SA ORD 1.50%
Signify NV ORD 1.49%
Wienerberger AG ORD 1.48%
31/12/2018

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Ireland
  5. Italy
  6. Netherlands
  7. Spain
  8. Sweden
  9. United Kingdom

Fund Info

  • Launch date15/07/1998
  • Share Class size70Mn
  • Base currencyUnits
  • ISIN IE0004308122

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.30%
  • Initial investment1.30%

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