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LF Odey Continental European Fund Class P - Accumulation (GBP)

Sell:120.00p Buy:120.00p Change: 2.91p (2.49%)
Prices as at 26 May 2020
Sell:120.00p
Buy:120.00p
Change: 2.91p (2.49%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 26 May 2020
Sell:120.00p
Buy:120.00p
Change: 2.91p (2.49%)
Prices as at 26 May 2020
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 4.00%
Initial saving from HL: 4.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: Yes   View risks
Ongoing charge (OCF/TER): 1.04%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.04%
There are other unit types of this fund available:
Inclusive - Class R - Accumulation (GBP) (Net ongoing charge 1.23%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Oliver Kelton
Fund launch date: 23 April 1997
Sector: Flexible Investment
Fund size: £92 million
Number of holdings: 27
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: BNY Mellon Trust & Depositary (UK) Ltd
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

26/05/15 to 26/05/16 26/05/16 to 26/05/17 26/05/17 to 26/05/18 26/05/18 to 26/05/19 26/05/19 to 26/05/20
Annual return n/a 26.89% 11.43% -1.60% -17.47%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 50 is the 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 the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

The investment objective of the Fund is to achieve long term capital appreciation through investing primarily in quoted securities issued by companies with principal offices in Continental Europe. The normal policy of the Fund is to invest in a broad spread of equities but the Fund may also invest in government bonds, other fixed interest securities and preferred stock if in the opinion of the Investment Adviser this is appropriate to the goal of maximising capital growth. There will be no predetermined orientation towards or emphasis on any particular industrial or economic sector. The Investment Adviser intends to avail itself of those currency hedging and EPM facilities available within the regulations.

Income Details

Income paid: n/a
Type of payment: Dividend
Ex-dividend date: 30 June 2020 31 December 2020
Payment date: 31 August 20204 28 February 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
TELEFONAKTIEBOLAGET LM ERICSSON 8.90%
DEUTSCHE TELEKOM AG 8.14%
ORANGE SA 7.93%
FLUTTER ENTERTAINMENT 7.85%
BTF 0 06/10/20 5.58%
EURONAV 4.41%
DEUTSCHE BANK AG 3.82%
AP MOLLER-MAERSK A/S 3.61%
AKER BP ASA 3.59%
BTF 0 05/20/20 3.46%
Sector Weight
Telecommunications Service Providers 16.07%
Banks 14.00%
Non-Renewable Energy 13.28%
Bonds 10.96%
Travel & Leisure 9.66%
Telecommunications Equipment 8.90%
Industrial Transportation 8.01%
Construction & Materials 5.33%
Retailers 4.52%
Industrial Metals & Mining 3.01%
Country Weight
France 24.65%
Ireland 15.15%
Germany 14.95%
Sweden 12.76%
Norway 9.41%
Denmark 5.82%
Belgium 4.41%
Spain 4.38%
Luxembourg 3.01%
Switzerland 2.18%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 26 May 2020. Data provided by Funds Library, correct as at 31 March 2020.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.