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Melchior European Enhanced Absolute Return Class I7 - Accumulation (GBP)

Sell:15,703.43p Buy:15,703.43p Change: 58.75p (0.38%)
Prices as at 22 September 2020
Sell:15,703.43p
Buy:15,703.43p
Change: 58.75p (0.38%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 September 2020
Sell:15,703.43p
Buy:15,703.43p
Change: 58.75p (0.38%)
Prices as at 22 September 2020
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: Yes   View risks
Ongoing charge (OCF/TER): 2.63%
Ongoing saving from HL: 0.50% i
Net ongoing charge: 2.13%

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:
Leonard Charlton
Fund launch date: 17 December 2013
Sector: Europe Including UK
Fund size: £7 million
Number of holdings: 75
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: n/a
Trustee: Banque Privee Edmond de Rothschild Europe (BPEDE)
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

23/09/15 to 23/09/16 23/09/16 to 23/09/17 23/09/17 to 23/09/18 23/09/18 to 23/09/19 23/09/19 to 23/09/20
Annual return n/a n/a n/a n/a n/a

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 Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Fund is designed to achieve consistent positive absolute returns, irrespective of market conditions. Returns are intended to have a low correlation to equity, bond or cash markets.

Income Details

Income paid: Annually
Type of payment: No income
Ex-dividend date: 27 June 2021
Payment date: 30 June 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
ROCHE HLDG AG 9.18%
RECKITT BENCKISER GROUP 8.22%
VIVENDI 5.71%
ASR NEDERLAND NV 5.37%
ROBERTET SA 5.32%
FINECOBANK SPA 4.19%
AVON RUBBER 3.78%
INMOBILIARIA COLONIAL SOCIMI SA 3.77%
NESTLE SA 3.71%
APPLUS SERVICES SA 3.68%
Sector Weight
Cash and Equiv. 65.00%
Industrial Support Services 11.31%
Pharmaceuticals & Biotechnology 10.78%
Banks 8.45%
Retailers 7.18%
Non-life Insurance 5.37%
Leisure Goods 4.59%
Chemicals 4.29%
Aerospace & Defence 3.78%
Real Estate Investment Trusts 3.77%
Country Weight
Cash and Equiv. 65.00%
United Kingdom 15.68%
France 12.03%
Italy 11.86%
Spain 11.86%
Netherlands 9.63%
Finland 2.67%
Non-Classified 1.98%
Norway 1.87%
Greece 1.73%

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 22 September 2020. Data provided by Funds Library, correct as at 31 August 2020.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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.