Morningstar Fund Report  | 14/04/2025Print

Uni-Global - Defensive European Equities RA-EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Uni-Global - Defensive European Equities RA-EUR
Fund11.4-10.17.96.39.4
+/-Cat-3.9-1.8-3.74.33.8
+/-B’mrk-6.3-5.5-5.32.32.0
 
Category: Europe Large-Cap Blend Equity
Category Benchmark: Morningstar DM Eur TME NR EUR
Key Stats
NAV
10/04/2025		 EUR 1940.54
Day Change 2.79%
Morningstar Category™ Europe Large-Cap Blend Equity
ISIN LU0929189636
Fund Size (Mil)
10/04/2025		 EUR 139.89
Share Class Size (Mil)
10/04/2025		 EUR 45.05
Max Initial Charge 4.00%
Ongoing Charge
07/10/2024		  1.02%
Morningstar Research
Analyst Report-
,
Morningstar, Inc

Uni-Global Equities Europe benefits from a solid team with strong credentials in active, low-risk investing, but the process has too many moving parts and has become increasingly complex, with recent modifications heightening timing and execution...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process23
Performance
Price
Investment Objective: Uni-Global - Defensive European Equities RA-EUR
The sub-fund offers the chance to take advantage of the opportunities that arise on the European equity markets. The sub-fund seeks to build up a portfolio offering the best possible ratio between the estimated risk and the expected return. The sub-fund invests according to an active approach which involves identifying the portfolio with the optimum estimated risk for the universe in question. The sub-fund is actively managed and references MSCI Europe Index (the “Index”) for comparison purposes only. The Investment Manager has full discretion with regard to the implementation of the sub-fund’s investment strategy, which is not linked to the Index. There are no restrictions on the extent to which the sub-fund’s portfolio and performance may deviate from the ones of the Index.
Returns
Trailing Returns (GBP)10/04/2025
YTD5.43
3 Years Annualised4.77
5 Years Annualised6.06
10 Years Annualised4.87
12 Month Yield 0.00
Management
Manager Name
Start Date
Alexei Jourovski
28/02/2012
Inception Date
01/07/2013

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe NR EURMorningstar DM Eur TME NR EUR
Portfolio Profile for  Uni-Global - Defensive European Equities RA-EUR28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.610.0097.61
Bond0.000.000.00
Property0.000.000.00
Cash2.390.002.39
Other0.000.000.00
Top 5 Regions%
Eurozone53.10
Europe - ex Euro25.52
United Kingdom20.25
United States1.14
Canada0.00
Top 5 Sectors%
Financial Services28.29
Consumer Defensive16.19
Communication Services13.02
Industrials12.22
Healthcare10.93
Top 5 HoldingsSector%
Novartis AG Registered SharesHealthcareHealthcare3.84
Deutsche Telekom AGCommunication ServicesCommunication Services3.15
HSBC Holdings PLCFinancial ServicesFinancial Services3.11
Unilever PLCConsumer DefensiveConsumer Defensive3.05
SAP SETechnologyTechnology2.96
Increase Decrease New since last portfolio
Uni-Global - Defensive European Equities RA-EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Uni-Global - Defensive European Equities RA-EUR
Category:  Europe Large-Cap Blend Equity
Category Index:  Morningstar DM Eur TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.1613.88-5.3611.38-10.077.856.299.39
+/- Category5.68-3.73-9.68-3.95-1.78-3.714.333.84
+/- Category Index3.10-5.22-7.92-6.26-5.52-5.332.302.00
% Rank in Category68497867189104
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day2.79   1.952.22
1 Week-4.15   -3.36-4.42
1 Month-3.73   2.892.67
3 Months2.31   4.052.98
6 Months2.67   5.724.80
YTD5.43   4.573.80
1 Year10.31   10.809.34
3 Years Annualised4.77   -0.27-1.58
5 Years Annualised6.06   -3.34-4.60
10 Years Annualised4.87   -0.62-1.39
 
Category: Europe Large-Cap Blend Equity
Category Index: Morningstar DM Eur TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20259.39---
20243.383.341.66-2.14
20235.57-1.11-0.293.61
2022-6.83-5.93-5.828.95
2021-0.487.37-0.414.66
2020-15.9411.850.320.34
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageLow3 star
5-YearLowLow2 star
10-YearAverageLow3 star
Overall*Below AverageLow3 star
 
Category :  Europe Large-Cap Blend EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev8.91 %
3-Yr Mean Return6.98 %
 
3-Yr Sharpe Ratio0.32
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar DM Eur TME NR EUR  Morningstar Eur TME GR USD
3-Yr Beta0.700.70
3-Yr Alpha0.12-0.40
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 55470-
Market Capitalisation% of Equity
Giant47.45
Large37.58
Medium13.81
Small1.16
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.530.97
Price/Book2.421.10
Price/Sales1.540.95
Price/Cash Flow7.940.72
Dividend-Yield Factor4.211.26
 
Long-Term Projected Earnings Growth8.560.89
Historical Earnings Growth13.312.05
Sales Growth4.641.30
Cash-Flow Growth7.492.74
Book-Value Growth5.091.01
 
Category: Europe Large-Cap Blend Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.610.0097.61
Bond0.000.000.00
Property0.000.000.00
Cash2.390.002.39
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States1.140.65
Canada0.000.00
Latin America0.000.00
United Kingdom20.251.00
Eurozone53.100.97
Europe - ex Euro25.521.10
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Europe Large-Cap Blend Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical4.850.52
Financial ServicesFinancial Services28.291.35
Consumer DefensiveConsumer Defensive16.191.79
HealthcareHealthcare10.930.73
UtilitiesUtilities6.901.97
Communication ServicesCommunication Services13.022.70
EnergyEnergy4.531.48
IndustrialsIndustrials12.220.67
TechnologyTechnology3.080.33
 
Category: Europe Large-Cap Blend Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings69
Total Number of Bond Holdings0
Assets in Top 10 Holdings29.33
NameSectorCountry% of Assets
Novartis AG Registered Shares206Switzerland3.84
Deutsche Telekom AG308Germany3.15
HSBC Holdings PLC103United Kingdom3.11
Unilever PLC205United Kingdom3.05
SAP SE311Germany2.96
Zurich Insurance Group AG103Switzerland2.88
Intesa Sanpaolo103Italy2.76
RELX PLC310United Kingdom2.59
Iberdrola SA207Spain2.50
Roche Holding AG206Switzerland2.49
 
Increase Decrease New since last portfolio
Category: Europe Large-Cap Blend Equity
 
Management
Name of CompanyUnigestion
Phone+442075295252
Websitewww.unigestion.com
AddressUnigestion SA
 Geneva   1211
 Switzerland
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date01/07/2013
Fund Advisor(s)
Unigestion SA
Fund ManagerAlexei Jourovski
Manager Start Date28/02/2012
Education
university of geneva, B.A.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge4.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.80%
Ongoing Charge1.02%
Purchase Details
Minimum Investments
Initial250000  EUR
Additional1000  EUR
Savings-
Tax Free Savings Schemes
ISAsYes