Morningstar Fund Report  | 10/04/2025Print

GAM Star Fund plc - GAM Star Continental European Equity Class GBP Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
GAM Star Fund plc - GAM Star Continental European Equity Class GBP Accumulation
Fund19.0-14.018.84.32.2
+/-Cat3.5-5.35.33.3-3.1
+/-B’mrk1.7-6.63.82.3-5.6
 
Category: Europe ex-UK Equity
Category Benchmark: Morningstar DM Eur xUK TME ...
Key Stats
NAV
09/04/2025		 GBP 7.04
Day Change -1.39%
Morningstar Category™ Europe ex-UK Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN IE0033640933
Fund Size (Mil)
08/04/2025		 EUR 153.23
Share Class Size (Mil)
08/04/2025		 GBP 2.67
Max Initial Charge 5.00%
Ongoing Charge
11/02/2025		  1.48%
Investment Objective: GAM Star Fund plc - GAM Star Continental European Equity Class GBP Accumulation
The investment objective of the Fund is to achieve long‑term capital appreciation through investing primarily in quoted equity and equity related securities (including but not limited to warrants), listed on or dealt in Recognised Markets within the EU which are issued by companies with principal offices in Europe other than the United Kingdom.
Returns
Trailing Returns (GBP)09/04/2025
YTD-6.51
3 Years Annualised4.68
5 Years Annualised10.30
10 Years Annualised6.58
12 Month Yield 1.34
Management
Manager Name
Start Date
Paul Markham
01/02/2025
Inception Date
24/10/2003

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe Ex UK NR EURMorningstar DM Eur xUK TME NR EUR
Portfolio Profile for  GAM Star Fund plc - GAM Star Continental European Equity Class GBP Accumulation31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.980.0097.98
Bond0.000.000.00
Property0.000.000.00
Cash11.119.092.02
Other0.000.000.00
Top 5 Regions%
Eurozone57.93
Europe - ex Euro21.39
United Kingdom11.24
United States7.53
Asia - Developed1.91
Top 5 Sectors%
Financial Services25.97
Industrials17.66
Healthcare11.86
Technology11.64
Consumer Defensive7.61
Top 5 HoldingsSector%
Deutsche Telekom AGCommunication ServicesCommunication Services4.79
Linde PLCBasic MaterialsBasic Materials4.26
SAP SETechnologyTechnology4.19
Zurich Insurance Group AGFinancial ServicesFinancial Services4.09
Banco Bilbao Vizcaya Argentaria SAFinancial ServicesFinancial Services3.99
Increase Decrease New since last portfolio
GAM Star Fund plc - GAM Star Continental European Equity Class GBP Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  GAM Star Fund plc - GAM Star Continental European Equity Class GBP Accumulation
Category:  Europe ex-UK Equity
Category Index:  Morningstar DM Eur xUK TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-18.7024.1519.9018.95-14.0518.814.312.15
+/- Category-6.944.9010.523.54-5.315.293.30-3.09
+/- Category Index--11.991.73-6.583.822.29-5.58
% Rank in Category961613157891279
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.39   0.100.82
1 Week-9.22   -0.79-0.01
1 Month-14.18   -1.38-1.45
3 Months-10.15   -3.91-5.37
6 Months-9.51   -2.32-3.61
YTD-6.51   -2.98-5.01
1 Year-9.77   -2.39-5.05
3 Years Annualised4.68   0.92-0.29
5 Years Annualised10.30   0.970.52
10 Years Annualised6.58   0.370.26
 
Category: Europe ex-UK Equity
Category Index: Morningstar DM Eur xUK TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.15---
20248.021.44-2.01-2.85
20239.040.18-0.068.83
2022-12.12-11.13-1.3211.53
20212.087.273.025.44
2020-16.3422.905.0011.06
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAbove AverageAverage4 star
10-YearAverageAverage3 star
OverallAverageAverage3 star
 
Category :  Europe ex-UK EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.16 %
3-Yr Mean Return8.28 %
 
3-Yr Sharpe Ratio0.30
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar DM Eur xUK TME NR EUR  Morningstar DM Eur xUK TME NR EUR
3-Yr Beta0.990.99
3-Yr Alpha-0.46-0.46
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 70876-
Market Capitalisation% of Equity
Giant51.31
Large35.61
Medium13.07
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.190.96
Price/Book2.331.02
Price/Sales1.911.16
Price/Cash Flow9.410.83
Dividend-Yield Factor4.021.23
 
Long-Term Projected Earnings Growth7.800.77
Historical Earnings Growth15.042.00
Sales Growth8.722.43
Cash-Flow Growth7.262.36
Book-Value Growth7.641.37
 
Category: Europe ex-UK Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.980.0097.98
Bond0.000.000.00
Property0.000.000.00
Cash11.119.092.02
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States7.534.39
Canada0.000.00
Latin America0.00-
United Kingdom11.247.24
Eurozone57.930.86
Europe - ex Euro21.390.73
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.000.00
Asia - Developed1.9112701.07
Asia - Emerging0.00-
 
Category: Europe ex-UK Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.531.14
Consumer CyclicalConsumer Cyclical6.400.63
Financial ServicesFinancial Services25.971.30
Consumer DefensiveConsumer Defensive7.611.18
HealthcareHealthcare11.860.83
Communication ServicesCommunication Services4.891.25
EnergyEnergy6.432.69
IndustrialsIndustrials17.660.84
TechnologyTechnology11.640.96
 
Category: Europe ex-UK Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings34
Total Number of Bond Holdings0
Assets in Top 10 Holdings40.20
NameSectorCountry% of Assets
Deutsche Telekom AG308Germany4.79
Linde PLC101United States4.26
SAP SE311Germany4.19
Zurich Insurance Group AG103Switzerland4.09
Banco Bilbao Vizcaya Argentaria SA103Spain3.99
Industria De Diseno Textil SA Share F... 102Spain3.97
Nestle SA205Switzerland3.78
FinecoBank SpA103Italy3.77
Compagnie de Saint-Gobain SA310France3.71
CaixaBank SA103Spain3.66
 
Increase Decrease New since last portfolio
Category: Europe ex-UK 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 Date24/10/2003
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