Aberdeen European Smaller Companies Equity Z Acc NAV

IMA Sector:

European Smaller Companies

ISIN:

GB00B0XWN697

Fund Type:

Unit Trust

1,988.54p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 15-Mar-2019
  • Change: 14.08p
  • Change %: 0.71%
  • Currency: GBP
  • YTD change: 1,988.54p
  • YTD %: n/a

Fund Objective

Aims to achieve capital growth.

View on Past Performance

European shares fell sharply in October, as the ongoing liquidity crunch and weak economic data fuelled recession fears. Sentiment remained weak despite coordinated interest rate cuts by central banks, including the European Central Bank (ECB). Over the month, the ECB extended a €5bn credit line to Hungary, relaxed its collateral rules and provided unlimited longer-term funds. It also increased foreign currency funding to lenders.Governments in France, Germany and Spain guaranteed bank debts and injected capital into distressed lenders. In addition, Germany approved a €500bn bank rescue plan. Europe's economy contracted in the second quarter as corporate investment and consumer spending declined. Business confidence on the Continent fell to a 10-year low. On a positive note, inflationary pressures subsided.We exited Danish non-life insurer Alm Brand and Austrian developer Immofinanz. Using the proceeds, we introduced a new holding - Austria's Vienna Insurance Group, which is conservatively managed. It has a stable domestic base and exposure to the Central and Eastern European markets.

Fund Details

Latest Price 1,988.54p IMA Sector European Smaller Companies
Currency British Pound Launch Date 07/04/2006
Fund Size n/a Fund Manager Pan European Equities Team
ISIN GB00B0XWN697 Dividend 0.00p
 

Price Info

Date 15-Mar-2019
NAV 1,988.54p
Currency GBP
Change 14.08p
% 0.71%
YTD change 1,988.54p
YTD % n/a

Fund Facts

Fund Inception 07/04/2006
Fund Manager Pan European Equities Team
TER -

Fund Reports

Minimum Investment
Initial n/a
Additional n/a
Savings n/a
Charges
Initial n/a
Annual Mang't n/a
Exit n/a

Risks

Name %
No risk data available.

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