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Comgest Growth Europe EUR Acc

Ranked 676 out of 1023 in - Europe over 12 months
All calculations are in EUR unless stated

Managed by

Arnaud Cosserat

Arnaud Cosserat joined Comgest in 1996 and is today chief executive officer of the Comgest Group. Arnaud is a long-standing portfolio manager within the European equity team and holds the role of chief investment officer, responsible for overseeing the firm’s investment team and ensuring the best practices are in place to entrench the firm’s philosophy to successful long-term investing. Arnaud started his career in 1989 as an analyst at Banque Paribas, before joining Société de Bourse Oddo and then Generali as a portfolio manager. He holds a Master’s degree in Science from the ESSEC business school in Paris, and is a member of the French Society of Financial Analysts (SFAF).

Laurent Dobler

Laurent Dobler is a managing director of Comgest S.A and a lead portfolio manager within the European equity team. As the firm’s longest serving portfolio manager, Laurent joined the firm in 1991 and has since been instrumental in forging and refining the Comgest quality growth investment philosophy. Laurent started his career in Geneva in 1986 with Banque Paribas as an analyst and portfolio manager of a German equity fund before he joined the Geneva fund management team of Banque Privée Edmond de Rothschild where he specialised in European and Japanese equities. With a degree in Economics from the Sorbonne University and a Master’s degree in Law from University Paris II, Laurent also studied at Sciences Po (Institut d’Etudes Politiques) in Paris, where he majored in Finance and Fiscal Policy.

Franz Weis

Franz Weis is the team manager of Comgest’s Europe equity investment team, having joined the firm in 2005 as a portfolio manager and analyst. He became a member of the Comgest Global Investors Management Committee in 2014. Franz co‐leads the management of the majority of Comgest’s European equity public funds as well as maintaining responsibility for a number of European segregated mandates. He started his career in 1990 at Baillie Gifford & Co. where he worked as a portfolio manager before joining F&C Asset Management as a senior portfolio manager and director of European Equities in 1999. He graduated from Heriot‐Watt University in Edinburgh with a Master’s degree in International Banking and Financial Studies and received the International Bankers in Scotland Prize. He is an IIMR Associate.

Objective

The investment objective of the Europe Fund is to create a professionally managed portfolio consisting of what, in the opinion of the Investment Manager, are high quality long-term growth companies having their headquarters or carrying out their predominant activities in Europe.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Europe over : 31/08/2016 - 31/08/2017
  • Rank 676/1023 Total Return
  • Rank 891/1023 Standard Deviation
  • Rank 680/1023 Max Drawdown

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 7.8% 2.5%
2016 -2.6% -7.3% 2.4% 2.8% -0.2%
2015 16.2% 16.3% -3.8% -3.1% 7.1%
2014 8.7% 0.3% 3.2% 1.2% 3.9%
2013 15.2% 10.1% -3.1% 5.3% 2.5%
2012 28.9% 13.0% 1.9% 6.8% 4.9%
2011 2.2% -0.6% 5.3% -8.8% 7.1%
2010 15.4% 6.7% -0.5% 3.3% 5.3%
2009 21.1% -6.3% 10.8% 11.7% 4.4%
2008 -29.3% -10.3% -8.0% -1.2% -13.3%
2007 2.8% 4.4% 1.4% 0.7% -3.6%
2006 17.6% 6.3% -1.6% 6.3% 5.8%
2005 22.5% 3.7% 5.2% 8.0% 4.0%
2004 5.4% 3.9% 1.5% -3.5% 3.5%
2003 5.3% -11.6% 10.7% 4.9% 2.6%
2002 -31.9% 2.5% -14.0% -22.6% -0.3%
2001 -9.4% -4.0% 6.8% -12.7% 1.2%
2000 6.4% 2.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
EUR Cash 7.18
Amadeus IT Group SA ORD 6.65
Industria de Diseno Textil SA ORD 5.61
Essilor International SA ORD 4.86
Coloplast A/S ORD 4.58
Wirecard AG ORD 4.45
L'Oreal SA ORD 4.18
SAP SE ORD 4.08
Sodexo SA ORD 3.83
Roche Holding AG Par 3.77
30/06/2017

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Belgium
  4. France
  5. Germany
  6. Ireland
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Singapore
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date15/05/2000
  • Share Class size869Mn
  • Base currencyEUR
  • ISIN IE0004766675

Purchase Info

  • Min. initial investment50
  • Min. regular additional investment0

Charges

  • Annual management1.50%

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Comgest’s Franz Weis warns against betting big on a cyclical upswing as valuations are already getting ahead of growth.

Comgest CIO: top health trends to beat slow European growth

Arnaud Cosserat reveals how he's aiming to achieve 18% earnings growth from his portfolio versus a European average of 5%.

Euro weakness is only short-term spur, says Comgest’s Weis

Citywire + rated manager believes aggressive easing has created near-term gains, but warns against relying on it for long-term returns.

Comgest to merge away equity trio’s Europe fund

French asset management firm announces plans to roll Citywire + rated managers’ strategy into growth-focused approach.

Buy and hold equity veteran adds two luxury names

Citywire + rated Franz Weis drops Prada and unveils new bets as he bolsters emerging market growth potential in his European equity fund.

There is no recovery coming, says Comgest Euro equity star

Citywire A-rated manager Laurent Dobler believes Europe is still teetering on the edge of deflation which would be a ‘kiss of death’ for markets.

Star manager to drop mandate as Comgest ends Austrian tie-up

French firm calls time on 20-year collaboration in a move which will see two European equity managers hand back white-labelled funds.

Comgest star Weis taps aeronautics for new stock ideas

Citywire AAA-rated stockpicker finds enticing opportunities down the value chain away from cyclical airline stocks.

Top European equity manager rejects ECB’s bank review

Comgest star Franz Weis questions purpose of the Asset Quality Review (AQR) while championing latest tech sector find.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).