Morningstar Fund Report  | 03/04/2025Print

Magallanes Value Investors UCITS European Equity I EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Magallanes Value Investors UCITS European Equity I EUR
Fund16.111.818.8-6.25.8
+/-Cat2.223.58.3-6.51.2
+/-B’mrk-1.516.35.7-10.1-1.6
 
Category: Europe Flex-Cap Equity
Category Benchmark: Morningstar DM Eur TME NR EUR
Key Stats
NAV
01/04/2025		 EUR 210.55
Day Change 0.93%
Morningstar Category™ Europe Flex-Cap Equity
ISIN LU1330191385
Fund Size (Mil)
01/04/2025		 EUR 774.48
Share Class Size (Mil)
01/04/2025		 EUR 342.83
Max Initial Charge -
Ongoing Charge
19/02/2025		  1.41%
Morningstar Research
Analyst Report24/03/2025
Francesco Paganelli, Principal
Morningstar, Inc

Magallanes European Equity’s edge resides in his focused team, talented lead manager, and repeatable investment process. The fund earns a Morningstar Analyst Rating of Bronze across all its share classes.The fund is run by the firm’s founder and...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process24
Performance
Price
Investment Objective: Magallanes Value Investors UCITS European Equity I EUR
The Sub-fund’s objective is to deliver high performance in both absolute and relative term over the long term horizon. To achieve this, the Sub-fund will mainly invest in a select portfolio of Transferable Securities (including equity related securities such as ADRs and GDRs) of companies which are domiciled in Europe. Up to 10% of the Sub-fund’s net assets can be invested in emerging countries.
Returns
Trailing Returns (GBP)01/04/2025
YTD6.75
3 Years Annualised8.02
5 Years Annualised18.10
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Iván Martín Aránguez
31/12/2015
Inception Date
31/12/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe NR EURMorningstar DM Eur TME NR EUR
Portfolio Profile for  Magallanes Value Investors UCITS European Equity I EUR31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.880.0095.88
Bond0.000.000.00
Property0.000.000.00
Cash4.120.004.12
Other0.000.000.00
Top 5 Regions%
Eurozone62.37
Europe - ex Euro14.94
United Kingdom12.97
United States6.49
Europe - Emerging2.87
Top 5 Sectors%
Basic Materials24.15
Industrials21.63
Consumer Cyclical17.87
Financial Services12.98
Energy6.89
Top 5 HoldingsSector%
SKF AB Class BIndustrialsIndustrials4.60
Commerzbank AGFinancial ServicesFinancial Services4.58
Renault SAConsumer CyclicalConsumer Cyclical4.52
Evonik Industries AGBasic MaterialsBasic Materials4.50
Aker BP ASAEnergyEnergy4.36
Increase Decrease New since last portfolio
Magallanes Value Investors UCITS European Equity I EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Magallanes Value Investors UCITS European Equity I EUR
Category:  Europe Flex-Cap Equity
Category Index:  Morningstar DM Eur TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-18.1014.692.1216.1211.7718.84-6.165.77
+/- Category-3.51-1.49-5.722.2223.558.33-6.511.19
+/- Category Index-8.84-4.40-0.45-1.5216.325.65-10.15-1.62
% Rank in Category78566836398838
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.93   1.141.35
1 Week-4.83   -2.05-2.99
1 Month-0.84   2.091.17
3 Months6.75   3.07-0.18
6 Months2.82   2.98-1.97
YTD6.75   3.07-1.29
1 Year-4.43   -4.10-10.77
3 Years Annualised8.02   5.45-0.32
5 Years Annualised18.10   8.434.78
10 Years Annualised-   --
 
Category: Europe Flex-Cap Equity
Category Index: Morningstar DM Eur TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20255.77---
20244.78-3.38-3.29-4.16
202311.46-0.802.814.54
20224.87-6.45-1.2615.38
20219.816.471.78-2.42
2020-28.8816.247.0915.34
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighHigh4 star
5-YearHighAbove Average5 star
10-Year--Not Rated
OverallHighAbove Average5 star
 
Category :  Europe Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev17.31 %
3-Yr Mean Return9.50 %
 
3-Yr Sharpe Ratio0.30
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar DM Eur TME NR EUR  MSCI Germany Small Cap NR EUR
3-Yr Beta1.160.86
3-Yr Alpha-0.5913.89
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 9225-
Market Capitalisation% of Equity
Giant2.10
Large22.24
Medium66.07
Small9.15
Micro0.44
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings8.930.63
Price/Book0.780.44
Price/Sales0.340.34
Price/Cash Flow2.910.38
Dividend-Yield Factor6.821.99
 
Long-Term Projected Earnings Growth13.170.99
Historical Earnings Growth-6.81-1.50
Sales Growth5.001.42
Cash-Flow Growth6.891.12
Book-Value Growth4.121.05
 
Category: Europe Flex-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.880.0095.88
Bond0.000.000.00
Property0.000.000.00
Cash4.120.004.12
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States6.491.88
Canada0.000.00
Latin America0.000.00
United Kingdom12.970.81
Eurozone62.371.06
Europe - ex Euro14.940.72
Europe - Emerging2.876.00
Africa0.00-
Middle East0.363.57
Japan0.000.00
Australasia0.00-
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Europe Flex-Cap Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials24.152.70
Consumer CyclicalConsumer Cyclical17.871.58
Financial ServicesFinancial Services12.980.90
Consumer DefensiveConsumer Defensive6.410.87
Communication ServicesCommunication Services6.881.54
EnergyEnergy6.892.05
IndustrialsIndustrials21.630.94
TechnologyTechnology3.180.30
 
Category: Europe Flex-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings35
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.82
NameSectorCountry% of Assets
SKF AB Class B310Sweden4.60
Commerzbank AG103Germany4.58
Renault SA102France4.52
Evonik Industries AG101Germany4.50
Aker BP ASA309Norway4.36
ArcelorMittal SA New Reg.Shs ex-Arcelor101United States4.32
Avolta AG102Switzerland4.05
Telecom Italia SpA Az.di Risp. non conv.308Italy3.85
KION GROUP AG310Germany3.58
easyJet PLC310United Kingdom3.47
 
Increase Decrease New since last portfolio
Category: Europe Flex-Cap Equity
 
Management
Name of CompanyMagallanes Value Investors SGIIC
Phone-
Websitewww.magallanesvalue.com
AddressC/ Lagasca, 88, 4ª Planta
 Madrid   28001
 Spain
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date31/12/2015
Fund Advisor(s)
Magallanes Value Investors SGIIC
Fund ManagerIván Martín Aránguez
Manager Start Date31/12/2015
 
Biography
CIO, President and Founding Partner. Value investor specialist with over 15 years of experience, he previously worked at Santander AM, Aviva Gestión and Sabadell Gestión as Portfolio Manager and Head of Equities. He holds a Bachelor´s Degree in Business Admimistration and Management and a Master´s Degree in Finantial Analysis from the Carlos III University of Madrid. He completed his Value Investing studies at the University of Nebraska in Omaha. He holds the CFA cretification. Awarded the Academic and Professional Excellence Prize by the Social Council of the Carlos III University. Associate professor at the Carlos III University of Madrid and the Pompeu Fabra University of Barcelona.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge2.00%
Ongoing Charge1.41%
Purchase Details
Minimum Investments
Initial1000000  EUR
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes