-3.58  /  -0.61%

590.3

NAV on 2020/10/23
NAV on 2020/10/22 593.8816
52 week high on 2020/08/13 647.0715
52 week low on 2020/03/19 420.8528
Total Expense Ratio on 2020/06/30 1.46
Total Expense Ratio (performance fee) on 2020/06/30 0
NAV
Incl Dividends
1 month change -2.25% -2.25%
3 month change -1.52% -1.52%
6 month change 6.49% 6.49%
1 year change 18.61% 18.61%
5 year change 7.35% 7.35%
10 year change 13.63% 13.63%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Fixed Interest 3.70 0.86%
Liquid Assets 4.65 1.08%
Offshore 422.56 98.06%
  • Top five holdings
O-SBEUGRO 422.56 98.06%
U-SBKIMM 3.70 0.86%
  • Performance against peers
  • Fund data  
Management company:
STANLIB Collective Investments (RF) (Pty) Limited
Formation date:
1998/11/02
ISIN code:
ZAE000088928
Short name:
U-SLEUROG
Risk:
Unknown
Sector:
Regional--Equity--General
Benchmark:
FT Actuaries Europe Index
Email
contact@stanlib.com

Website
http://www.stanlib.com

Telephone
011-448-6000

  • Fund management  
Paul Hansen
After completing his articles at Alex Aitken and Carter he joined UAL Merchant Bank in 1979, initially assisting as a portfolio manager and later working as an investment analyst. After completion of a full time MBA he relocated to the USA where he spent nine years as a stockbroker/financial consultant, mostly with Shearson Lehman Bros. He returned to South Africa in 1992 and joined Old Mutual Invesments with involvement in portfolio management and client report backs. He joined SCMB Asset Management division in 1995, after a stint in portfolio management at RMB Asset Management. Paul Hansen is responsible for managing the onshore portion and Fidelity Investment Managers the offshore portion.
STANLIB Asset Management
-The fund is managed by Richard Middleton.-It is managed similarly to the Stanlib Growth Fund which Richard has been the portfolio manager of since the last quarter of 2002.-The fund has a growth style and philosophy. He invests in companies that are growing their earnings faster than the market over the following 2 years. Valuation plays a key, but companies first have to demonstrate a strong earnings profile before being considered. -Earnings, valuation and company management are key inputs into the process.-He is not benchmark aware and weightings in companies are fairly evenly spread across the portfolio.-The manager has a very active style and trades to reduce opportunity costs in the fund.


  • Fund manager's comment

STANLIB European Equity Feeder Fund - Dec 19

2020/03/02 00:00:00
The STANLIB European Equity Feeder Fund returned +3.6% for the quarter compared with +5.7% from the composite benchmark. The underweighting in Sweden added value, though the underweight exposure to Switzerland, the initial underweighting in healthcare and the zero weighting in utilities all detracted. Stock selection was successful in technology, materials, consumer discretionary and communication services, but less so elsewhere. Positive relative contributors included ASML and PUMA. ASML (semiconductor equipment) published robust quarterly results, which demonstrated strong revenue growth and healthy gross margins. Strength in EUV manufacturing, field upgrade sales and the logic market more than offset softer demand for memory products. PUMA reported growth in all geographic regions and product segments. The sportswear business also raised its full-year financial guidance. Detractors included Prudential and Sampo, as the financial sector reacted to weaker economic indicators.
  • Fund focus and objective  
The STANLIB European Fund of Funds will aim to provide long-term capital growth from securities listed in continental Europe (excluding the United Kingdom). The portfolio will generally invest in, but not be restricted to medium to large market capitalisation sized companies. The portfolio will include listed securities and non-equity securities and any other securities which may be considered consistent with the portfolio's objective. The portfolio may also invest in the participatory interests of other collective investment schemes. This portfolio may have a maximum of 100% direct and/or indirect foreign exposure.
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