FP Argonaut European Alpha Class R - Accumulation (GBP)
Our view on this Fund
This fund does not feature on our Wealth 50 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »
Barry Norris seeks to invest in companies capable of delivering better than expected earnings growth. Our analysis suggests his stock-picking - the ability to invest in some of the market's strongest performing stocks, regardless of what sector or country they're located - has been mixed in recent years.
The fund is priced at a significant premium to others we feel have better long-term prospects. It can be worth paying a higher management charge for fund managers with exceptional track records and excellent performance potential, but we do not believe this fund should command such a premium.
The European sector is highly competitive and features a number of exceptional fund managers with strong track records. We don't currently believe this fund offers the performance potential or value that we seek for the Wealth 150+.