Fund goals
|
The company's objective is to achieve long-term capital growth from the stock markets of Continental Europe. The company is geared by bank debt.
The aim of the manager is to achieve a total return on the company's
assets over the long-term in excess of the equivalent return on the FTSE
Europe Excluding UK Index.
|
Portfolio Listing
as at 30th April 2007
|
| Holdings by value |
% |
| Allianz |
4.4 |
| E.On |
4.2 |
| Societe Generale Paris |
4.1 |
| Unicredito Italiano |
2.4 |
| Hennes & Mauritz 'B' |
2.2 |
| SAP |
2.2 |
| Roche Holdings Genussscheine |
2.1 |
| Banco Santander Central Hispano |
2.0 |
| UBS (Regd) |
2.0 |
| AXA |
1.9 |
|
Country Analysis
as at 30th April 2007
|
| Country |
% |
| Germany |
21.9 |
| France |
16.2 |
| Switzerland |
12.6 |
| Sweden |
9.0 |
| Netherlands |
8.5 |
| Italy |
8.4 |
| Spain |
6.4 |
| Other |
6.4 |
| Greece |
3.8 |
| Finland |
3.3 |
| Norway |
2.1 |
| Belgium |
1.4 |
|
100.0 |
|
