Morningstar Fund Report  | 07/04/2025Print

Premier Miton European Opportunities Fund F Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Premier Miton European Opportunities Fund F Accumulation
Fund15.5-22.014.74.8-8.7
+/-Cat-3.3-3.48.46.2-10.6
+/-B’mrk-1.3-5.94.56.7-14.0
 
Category: Europe ex-UK Small/Mid-Cap Equity
Category Benchmark: MSCI Europe ex UK Small Cap...
Key Stats
NAV
07/04/2025		 GBX 267.80
Day Change -3.63%
Morningstar Category™ Europe ex-UK Small/Mid-Cap Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN GB00BYZ55N51
Fund Size (Mil)
04/04/2025		 GBP 890.21
Share Class Size (Mil)
04/04/2025		 GBP 392.26
Max Initial Charge 7.00%
Ongoing Charge
12/02/2025		  0.58%
Investment Objective: Premier Miton European Opportunities Fund F Accumulation
The objective of the Fund is to provide total returns, comprised of income and capital growth, over the long-term, being five years or more. The Investment Manager aims to achieve the objective of the Fund by investing in an actively managed portfolio with a minimum of 80% of its assets in shares in companies listed in Europe, excluding the UK.
Returns
Trailing Returns (GBP)07/04/2025
YTD-16.29
3 Years Annualised-2.26
5 Years Annualised6.19
10 Years Annualised-
12 Month Yield 0.46
Management
Manager Name
Start Date
Carlos Moreno
14/12/2015
Thomas Brown
14/12/2015
Inception Date
14/12/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE World Eur Ex UK TR GBPMSCI Europe ex UK Small Cap NR EUR
Portfolio Profile for  Premier Miton European Opportunities Fund F Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock100.210.00100.21
Bond0.000.000.00
Property0.000.000.00
Cash1.131.34-0.21
Other0.000.000.00
Top 5 Regions%
Europe - ex Euro51.78
Eurozone48.22
United States0.00
Canada0.00
Latin America0.00
Top 5 Sectors%
Technology30.25
Healthcare27.75
Industrials14.74
Financial Services13.95
Consumer Cyclical5.57
Top 5 HoldingsSector%
Soitec SA Share From reverse splitTechnologyTechnology4.36
RaySearch Laboratories AB Class BHealthcareHealthcare3.97
ASM International NVTechnologyTechnology3.48
Kongsberg Gruppen ASAIndustrialsIndustrials3.27
PolyPeptide Group AGHealthcareHealthcare3.22
Increase Decrease New since last portfolio
Premier Miton European Opportunities Fund F Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Premier Miton European Opportunities Fund F Accumulation
Category:  Europe ex-UK Small/Mid-Cap Equity
Category Index:  MSCI Europe ex UK Small Cap NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-4.0034.1938.6015.50-21.9914.744.82-8.69
+/- Category12.2815.1017.59-3.31-3.428.446.24-10.59
+/- Category Index10.8512.9120.55-1.33-5.894.516.70-14.02
% Rank in Category116575941299
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.63   1.001.43
1 Week-8.32   -1.29-0.65
1 Month-14.71   -7.34-9.30
3 Months-18.40   -13.58-16.45
6 Months-17.80   -10.98-12.31
YTD-16.29   -12.21-15.34
1 Year-15.60   -8.32-10.35
3 Years Annualised-2.26   -0.96-1.20
5 Years Annualised6.19   -3.58-4.36
10 Years Annualised-   --
 
Category: Europe ex-UK Small/Mid-Cap Equity
Category Index: MSCI Europe ex UK Small Cap NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-8.69---
20246.360.282.03-3.67
20234.29-1.15-2.7714.48
2022-13.67-18.07-4.0614.95
20210.378.673.602.22
2020-10.7925.3012.0010.71
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageHigh3 star
5-YearAverageHigh3 star
10-Year--Not Rated
OverallAverageHigh3 star
 
Category :  Europe ex-UK Small/Mid-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev19.11 %
3-Yr Mean Return1.52 %
 
3-Yr Sharpe Ratio-0.13
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 MSCI Europe ex UK Small Cap NR EUR  MSCI Nordic Countries Small Cap NR USD
3-Yr Beta1.120.91
3-Yr Alpha-0.910.15
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 3157-
Market Capitalisation% of Equity
Giant0.00
Large14.49
Medium44.90
Small36.18
Micro4.43
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings27.821.80
Price/Book3.771.73
Price/Sales3.662.96
Price/Cash Flow18.712.17
Dividend-Yield Factor1.160.42
 
Long-Term Projected Earnings Growth13.011.33
Historical Earnings Growth8.590.90
Sales Growth8.462.74
Cash-Flow Growth13.890.86
Book-Value Growth7.931.47
 
Category: Europe ex-UK Small/Mid-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock100.210.00100.21
Bond0.000.000.00
Property0.000.000.00
Cash1.131.34-0.21
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.00-
Latin America0.00-
United Kingdom0.000.00
Eurozone48.220.74
Europe - ex Euro51.781.58
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.00-
Asia - Developed0.00-
Asia - Emerging0.00-
 
Category: Europe ex-UK Small/Mid-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.530.39
Consumer CyclicalConsumer Cyclical5.570.47
Financial ServicesFinancial Services13.951.04
HealthcareHealthcare27.752.39
Communication ServicesCommunication Services5.201.03
IndustrialsIndustrials14.740.56
TechnologyTechnology30.251.90
 
Category: Europe ex-UK Small/Mid-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings50
Total Number of Bond Holdings0
Assets in Top 10 Holdings33.46
NameSectorCountry% of Assets
Soitec SA Share From reverse split311France4.36
RaySearch Laboratories AB Class B206Sweden3.97
ASM International NV311Netherlands3.48
Kongsberg Gruppen ASA310Norway3.27
PolyPeptide Group AG206Switzerland3.22
BioGaia AB Class B206Sweden3.21
Prada SpA102Italy3.17
VZ Holding AG103Switzerland3.03
Ypsomed Holding AG206Switzerland2.89
FinecoBank SpA103Italy2.87
 
Increase Decrease New since last portfolio
Category: Europe ex-UK Small/Mid-Cap Equity
 
Management
Name of CompanyPremier Portfolio Managers Limited
Phone0207 982 2703
Websitewww.premierfunds.co.uk/
AddressPremier Portfolio Managers Limited
 Guildford   GU1 3DE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date14/12/2015
Fund Advisor(s)
Premier Fund Managers Limited
Fund ManagerCarlos Moreno
Manager Start Date14/12/2015
Career Start Year1994
 
Biography
Carlos Moreno joined Premier Miton in August 2015. He was previously Fund Manager at JO Hambro Capital Management Group where he co-managed the JO Hambro All Europe Dynamic Growth Fund from March 2011 until January 2015. Prior to this, he worked as Portfolio Manager at Thames River Capital Management, managing the Thames River European Dynamic Growth Fund. Carlos started his career at Fidelity Worldwide Investments.
Fund ManagerThomas Brown
Manager Start Date14/12/2015
Career Start Year1999
 
Biography
Thomas Brown joined Premier Miton in November 2015. Previously he worked with Carlos Moreno at Thames River Capital where he was Fund Manager on the Pan-European equities team. Prior to joining Premier Miton, Thomas worked at Mitsubishi UFJ Asset Management (UK) where he co-managed the European Value & Momentum Fund from April 2014 until November 2015. Thomas also worked for the British Steel Pension Fund for seven years and has held other investment positions including with Scoggin Capital.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge7.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.50%
Ongoing Charge0.58%
Purchase Details
Minimum Investments
Initial100000  GBP
Additional1000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes