VT Argonaut European Alpha Inclusive - Class A - Income (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. 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 »
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+.