Morningstar Fund Report  | 10/04/2025Print

GAM Star Fund plc - GAM Star European Equity Ordinary GBP Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
GAM Star Fund plc - GAM Star European Equity Ordinary GBP Accumulation
Fund15.9-12.416.84.42.1
+/-Cat-0.93.63.45.21.7
+/-B’mrk--3.31.1-1.2
 
Category: Europe Large-Cap Growth Equity
Category Benchmark: Morningstar Dev Europe Grt ...
Key Stats
NAV
09/04/2025		 GBP 5.45
Day Change -1.43%
Morningstar Category™ Europe Large-Cap Growth Equity
IA (formerly IMA) Sector Europe Including UK
ISIN IE0002987315
Fund Size (Mil)
08/04/2025		 EUR 342.17
Share Class Size (Mil)
08/04/2025		 GBP 1.01
Max Initial Charge 5.00%
Ongoing Charge
11/02/2025		  1.48%
Investment Objective: GAM Star Fund plc - GAM Star European Equity Ordinary GBP Accumulation
The investment objective of the Fund is to achieve long‑term capital appreciation through investing primarily in quoted equity securities issued by companies with principal offices in Europe, including Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Russia, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
Returns
Trailing Returns (GBP)09/04/2025
YTD-6.60
3 Years Annualised3.46
5 Years Annualised10.30
10 Years Annualised6.64
12 Month Yield 1.36
Management
Manager Name
Start Date
Paul Markham
01/02/2025
Inception Date
07/08/1998

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe NR USDMorningstar Dev Europe Grt TME NR EUR
Portfolio Profile for  GAM Star Fund plc - GAM Star European Equity Ordinary GBP Accumulation31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.620.0096.62
Bond0.000.000.00
Property0.000.000.00
Cash11.037.653.38
Other0.000.000.00
Top 5 Regions%
Eurozone51.22
United Kingdom23.12
Europe - ex Euro17.49
United States6.52
Asia - Developed1.65
Top 5 Sectors%
Financial Services27.23
Industrials18.66
Healthcare12.70
Technology11.13
Energy7.02
Top 5 HoldingsSector%
SAP SETechnologyTechnology4.13
Haleon PLCHealthcareHealthcare4.10
Linde PLCBasic MaterialsBasic Materials3.91
Industria De Diseno Textil SA Sh... Consumer CyclicalConsumer Cyclical3.65
Shell PLCEnergyEnergy3.58
Increase Decrease New since last portfolio
GAM Star Fund plc - GAM Star European Equity Ordinary GBP Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  GAM Star Fund plc - GAM Star European Equity Ordinary GBP Accumulation
Category:  Europe Large-Cap Growth Equity
Category Index:  Morningstar Dev Europe Grt TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-17.6524.9424.4615.88-12.3616.814.362.08
+/- Category-7.321.899.84-0.933.633.375.161.67
+/- Category Index-----3.311.13-1.15
% Rank in Category93695923251423
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.43   -0.331.03
1 Week-9.18   -1.35-0.32
1 Month-13.56   -0.80-0.53
3 Months-9.88   0.14-1.47
6 Months-9.70   1.00-0.53
YTD-6.60   0.67-1.38
1 Year-9.60   2.39-1.78
3 Years Annualised3.46   3.210.75
5 Years Annualised10.30   4.262.72
10 Years Annualised6.64   0.930.37
 
Category: Europe Large-Cap Growth Equity
Category Index: Morningstar Dev Europe Grt TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.08---
20247.681.02-1.09-3.01
20238.47-0.070.137.62
2022-9.65-11.63-1.2911.20
20210.208.392.623.97
2020-15.5821.926.0314.04
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighBelow Average5 star
5-YearHighBelow Average5 star
10-YearAbove AverageAverage4 star
OverallHighAverage5 star
 
Category :  Europe Large-Cap Growth EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.04 %
3-Yr Mean Return7.35 %
 
3-Yr Sharpe Ratio0.24
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Dev Europe Grt TME NR EUR  Morningstar EU Agg Tgt Alloc NR EUR
3-Yr Beta0.891.23
3-Yr Alpha1.26-0.79
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 64891-
Market Capitalisation% of Equity
Giant47.54
Large39.32
Medium13.14
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.750.64
Price/Book2.250.58
Price/Sales1.790.59
Price/Cash Flow9.760.55
Dividend-Yield Factor3.942.16
 
Long-Term Projected Earnings Growth7.570.74
Historical Earnings Growth11.941.19
Sales Growth9.631.64
Cash-Flow Growth3.510.45
Book-Value Growth7.571.08
 
Category: Europe Large-Cap Growth Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.620.0096.62
Bond0.000.000.00
Property0.000.000.00
Cash11.037.653.38
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States6.521.90
Canada0.000.00
Latin America0.000.00
United Kingdom23.121.58
Eurozone51.220.90
Europe - ex Euro17.490.70
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.000.00
Australasia0.000.00
Asia - Developed1.6535.97
Asia - Emerging0.00-
 
Category: Europe Large-Cap Growth Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials6.520.94
Consumer CyclicalConsumer Cyclical5.600.43
Financial ServicesFinancial Services27.233.20
Consumer DefensiveConsumer Defensive6.180.98
HealthcareHealthcare12.700.63
UtilitiesUtilities3.174.99
Communication ServicesCommunication Services1.800.79
EnergyEnergy7.0219.35
IndustrialsIndustrials18.660.83
TechnologyTechnology11.130.58
 
Category: Europe Large-Cap Growth Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings38
Total Number of Bond Holdings0
Assets in Top 10 Holdings36.54
NameSectorCountry% of Assets
SAP SE311Germany4.13
Haleon PLC206United Kingdom4.10
Linde PLC101United States3.91
Industria De Diseno Textil SA Share F... 102Spain3.65
Shell PLC309United Kingdom3.58
Zurich Insurance Group AG103Switzerland3.56
Banco Bilbao Vizcaya Argentaria SA103Spain3.53
Compagnie de Saint-Gobain SA310France3.40
CaixaBank SA103Spain3.35
FinecoBank SpA103Italy3.34
 
Increase Decrease New since last portfolio
Category: Europe Large-Cap Growth Equity
 
Management
Name of CompanyGAM Fund Management Limited
Phone+353 1 6093927
Websitewww.gam.com
AddressGeorges Court, 54-62 Townsend Street
 Dublin   -
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date07/08/1998
Fund Advisor(s)
GAM International Management Limited
Fund ManagerPaul Markham
Manager Start Date01/02/2025
Career Start Year1998
Education
1995, University of Sheffield, BA (Hons)
 
Biography
Paul, Investment Director, brings extensive experience and a strong track record as a global equity portfolio manager to GAM Investments. Prior to joining the firm in February 2024 Paul was Head of Global Opportunities Equities at Newton Investment Management, where he played a significant role in the growth of its global equity franchise. Paul’s career at Newton spanned 25 years where he successfully managed a range of strategies, including Sustainable Global and European Equities, International Equities and Japanese Equities. As Head of Global Equities.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.35%
Ongoing Charge1.48%
Purchase Details
Minimum Investments
Initial6000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes