Evli Europe

Equity fund that invests in European companies

NAV
25.02.2021
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
67.844 7.32 13.27 5.09 7.09 2.18
NAV
25.02.2021
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
155.475 7.32 13.27 5.09 7.09 2.18
NAV
25.02.2021
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
136.404 7.42 13.96 5.72 - 7.52

Risk

6/7

Morningstar

4/5

Recommended Investment Horizon

7 years or more

Administrative fees

1.60 % p.a.

Suitable for investors

  • who want to benefit from the return opprotunities of investing in European equity markets
  • who want to diversify their investments across a wider array of countries and sectors within Europe
  • who want to invest responsibly and take into account not only economic analysis but also environmental, social and good governance (ESG) factors.

Invest

min. 1 000 € or 50 €/month

Investment Policy 

Evli Europe Fund is an equity fund that invests its assets primarily in European equities. The Fund’s investment strategy emphasizes underpriced companies that generate cash flow and have strong debt coverage. The Fund does not have any index, sector or country restrictions within Europe.

Responsibility

ESG factors are integrated into the fund’s investment decisions, and the fund follow Evli's general exclusion practices. The fund’s investments are monitored for violations of UN Global Compact norms and the Climate Change Principles, and the fund engages with the companies it invests in or excludes them if violations are detected. The fund's ESG indicators are reported in a fund-specific ESG report, which is updated four times a year.

Read more about Evli's responsible investing

 

The portfolio is managed by

Hans-Kristian Sjoholm

Hans-Kristian Sjöholm

Investment Objective and Risks

The aim is to earn a return which, in the long term exceeds the return of the benchmark index.

As the fund's assets are invested in equities or equity-linked securities, the fund unit value can fluctuate significantly within a short period. The fund's investments carry an exchange rate risk.

Monthly review

31.01.2021

The Fund’s return was 0.2% in January, while the return of the benchmark index was -1.1%. The Fund’s return since 31.3.2010 (when present management took over) was 9.5% p.a., while the benchmark return was 6.3% p.a.

By sector, stock selection improved the relative return in the aggregate, especially in consumer discretionary. Sector weights, such as underweights in consumer staples and financials, also benefitted the Fund as a whole. Geographically, both country weights and stock selection had positive net effects on the return differential, and an overweight in Sweden as well as selection in France and Germany helped the most. By stock, the top attributors were BE Semiconductor Industries, Dialog Semiconductor, and Next, while the most negative attribution effects came from the fact that ASML Holding was not in the portfolio and from our investments in IG Group and Aena.

We invest in underpriced companies that generate cash flow and have strong debt coverage. There are no benchmark, sector, geographical or market cap constraints within the investment universe. 

Fund facts

Type of fund European equity fund (UCITS)
Investment activity began 31.08.2000
Current strategy since 01.04.2010
Benchmark index

MSCI Europe TR Net (EUR)

Profit distribution Fund-units are divided into A and B units. Profit share of at least 4% is distributed on A units annually.

Downloadable files

Invest

min. 1 000 € or 50 €/month