"UK investors are fortunate enough to have access to a number of exceptional fund managers in Europe. This fund blends our favourites in a single investment."
Ellen Powley & Roger Clark, Fund Managers
Why invest?
Europe is a disparate area, and the sheer scale and variety of opportunities on offer means it can be difficult to know where to invest.
We believe choosing just one fund for exposure to Europe might not provide sufficient diversification. This is why we blend together a selection of fund managers with complementary styles, as well as those with different strengths and areas of focus.
At present the fund has a bias to higher-risk smaller European firms where our analysis leads us to believe fund managers have the best potential to add value. Ultimately, though, by combining a variety of our favourite managers, we can offer investors a single, diversified investment aiming for long-term growth.
Important - The value of this fund and the income from it, can still fall so you could get back less than you invested, especially over the short term. If you are unsure of the suitability of any investment for your circumstances please contact us for advice. Once held in a SIPP money is not usually accessible until age 55 (rising to 57 in 2028). Relative risk ratings should not be used to compare these funds with other investments. Tax reliefs depend on individual circumstances.
At a glance
Investment goal
Growth
Relative risk
Adventurous
Invests in
95.7% Shares
3.7% Cash
0.6% Other
Yield
0.69%
Not a reliable indicator of future income.
Correct as at 31/01/2020
Charge
OCF/TER 1.47%
(plus up to 0.45% p.a. platform charge)
Price
Sell: 164.42 | Buy: 164.42
Correct as at 21/02/2020
Fund details
Performance since launch
Past performance is not a guide to future returns. Source: Lipper IM, 26/02/15 - 30/06/19
Annual performance
| Fund name | Jun 14 - Jun 15 | Jun 15 - Jun 16 | Jun 16 - Jun 17 | Jun 17 - Jun 18 | Jun 18 - Jun 19 |
|---|---|---|---|---|---|
| HL Multi-Manager European | N/A | 8.87 % | 28.30 % | 4.59 % | 4.60 % |
| IA Europe (Excluding UK) index | 4.10 % | 4.68 % | 29.27 % | 3.14 % | 3.05 % |
Source: Lipper IM, 30/06/19. N/A – full year performance data isn’t available because the fund launched after this date.
The HL Multi-Manager Funds are managed by our sister company Hargreaves Lansdown Fund Managers.
Fund breakdown
Correct as at 30/06/19
Holdings
View the HL Multi-Manager European fund prospectus.