LF Odey Continental European Inst Inc

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 161.20 Day Change GBX -2.12 (-1.30%)
Price Date 21 Feb 2020 Crown Rating 3
Shares Class Inc. Yield 0.81 %
Total Expense Ratio 1.25 Fund Size 129,829,828.90
Launch Date 23/04/1997 Standard Initial Charge (%) 4.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 1,000,000.00 Total Expense Ratio (%) 1.25
ISIN GB00B3Q2J367 Min TopUp (£) 0.00
Ongoing Charge (%) 1.2531 Ongoing Charge Date 31/12/2018

Fund Objective

The investment objective of CF Odey Continental European Fund is to achieve long term capital appreciation through investing primarily in quoted securities issued by companies with principal offices in Continental Europe and the normal policy of the Sub-Fund is to invest in a broad spread of equities but the Sub-Fund may also invest in government bonds, other fixed interest securities and preferred stocks if in the opinion of the ACD and the Investment Manager this is appropriate to the goal of maximising capital growth.

Fund Managers

Oliver Kelton

Oliver Kelton is the Portfolio Manager of the Odey European Focus Fund, the CF Odey Continental European Fund, the Odey Allegra European Fund and the European Absolute Return Fund. Oliver joined Odey in March 2015 from Waverton Investment Management, where he had joined as a European equity analyst. In 2003 he started managing specialist Pan-European equity portfolios and took over running the Waverton European Fund in April 2010. From May 2007 he was also the manager of the Pepin Fund, a plain vanilla long-short European equity fund which was closed in April 2013. He has a 1st class honours degree in Economics and Politics from Bristol University and is a CFA charterholder.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
FLUTTER ENTERTAINMENT PLC 7.17%
TELEFONAKTIEBOLAGET LM ERICSSO 7.03%
BANK OF IRELAND(GOVERNOR & CO 6.46%
AKER BP ASA 5.44%
DEUTSCHE TELEKOM AG 5.23%
TGS NOPEC GEOPHYSICAL CO ASA 4.61%
ORANGE SA 4.20%
COMMERCIAL BANK INTERNATIONAL 3.72%
EURONAV 3.71%
DRILLING COMPANY OF 1972 3.41%

Asset Breakdown

Name Weight
International Equities 77.04%
Money Market 22.96%

Region Breakdown

Name Weight
Belgium 3.71%
Denmark 3.41%
France 8.58%
Germany 10.20%
Ireland 13.64%
Italy 2.11%
Money Market 22.96%
Netherlands 2.51%
Norway 10.05%
Spain 4.90%
Sweden 12.96%
Switzerland 4.97%

Sector Breakdown

Name Weight
Communications 11.72%
Consumer Discretionary 12.65%
Energy 20.29%
Financials 20.32%
Health Care 2.94%
Industrials 2.09%
Information Technology 7.03%
Money Market 22.96%