Overview
| ISIN | IE00BGLBQZ04 |
|---|---|
| Share Class | Accumulation |
| Ongoing Charge | - |
| Annual Management Charge | - |
The Fund aims to generate long term returns by investing primarily in European equity and equity-linked securities that are trading at a discount to their perceived intrinsic value. The Fund aims to achieve this investment objective by investing primarily in equity and equity-linked securities of European issuers (such as debentures, notes or preferred stock) that are traded on exchanges or recognised markets or over the counter, in both developed and emerging European markets. The Fund may also invest in companies that have a significant exposure to Europe and may be located in any part of the world. The Investment Manager generally seeks diversification rather than concentration by industry, country or currency. The Fund may invest in pooled real estate investment vehicles such as real estate investment trusts. For short-term cash management, the Fund may invest in cash and/or investment grade money market instruments with maturities up to one year. The Fund is managed in reference to MSCI Europe Index (Net) USD (the "Benchmark") The Fund’s performance is compared to the Benchmark in marketing materials and the performance fee for the Fund is calculated based on the Benchmark, as disclosed under the heading “Performance Fee” below. The Benchmark represents the best approximation of the universe of securities in which the Fund may invest. The Fund’s investment policy is not constrained and the degree of deviation from the Benchmark may be significant. Class D EUR€ Shares do not pay a dividend. . Any income arising is retained in the Fund and reflected in the value of the share class. The Fund may invest up to 25% of the Net Asset Value of the Fund in European emerging markets. However, the Fund may have significant concentration in particular industries from time to time (up to 35% of NAV of the Fund). Shares in the Fund can be bought and sold on any business day in Ireland. Recommendation: this Fund may not be appropriate for short-term investment. Please refer to the Prospectus and Fund Supplement for more detailed information.
| Midprice | €2.53 |
|---|---|
| Change on Day | €0.03 |
| Change on Day % | 1.37% |
| 52 week high | €2.51 |
| 52 week low | €2.01 |
| Fund currency | EUR |
| Date updated | 08 July 2025 |
| Fund Type | Open Ended Investment Company |
|---|---|
| Unit Type | Accumulation |
| Standard initial Charge | - |
| Annual Management Charge | - |
| Dividend Frequency | - |
| Latest Distribution Info |
- |
| Fund Manager Company | ARGA |
|---|
| Name | Robert Mitchell |
|---|---|
| Since | 02 January 2019 |
| Bio | Before joining ARGA in 2010, Mr. Mitchell was Director, Investor Relations at Citigroup, where he liaisoned with the investment community and handled quarterly releases and regulatory filings. From 2004 to 2009, Mr. Mitchell was Director, Investor Relations at Fannie Mae, conducting research and analysis. Previously, Mr. Mitchell was Equity Research Analyst, Financial Services at Citigroup Asset Management. Earlier, he was Strategy Consultant at Marakon Associates. Mr. Mitchell graduated with a Ph.D. in Finance from Carnegie Mellon University in 1997, an M.B.A. from Duke University in 1989, and a B.S. in Industrial Engineering from North Carolina State University in 1985. |
| Name | A. Rama Krishna |
|---|---|
| Since | 02 January 2019 |
| Bio | Mr. Krishna has over 25 years’ experience in managing global equities. Before founding ARGA in 2010, Mr. Krishna was President, International of Pzena Investment Management (NYSE: PZN) and Managing Principal, Member of Executive Committee, and Portfolio Manager of its operating company in New York. While at Pzena from 2003 to 2010, he led development of the International Value and Global Value strategies, co-managed the Emerging Markets Value strategy, and managed the US Large Cap Value strategy. Mr. Krishna was previously at Citigroup Asset Management, where he was Chief Investment Officer and Head of Institutional and International. He also represented the asset management business on the Citigroup Management Committee and directly managed the Global Emerging Markets Equity strategy. Before that, Mr. Krishna was Director of International Equity Research, Portfolio Manager, International Equities and Chief Investment Officer, Emerging Markets Equities at AllianceBernstein in New York, London and Tokyo. Earlier, he worked at Credit Suisse First Boston in New York, Tokyo and Singapore, first as Equity Research Analyst and later as Chief Investment Strategist and Director - Equity Research. Mr. Krishna earned a joint M.B.A./M.A. in Asian Studies with a Japan Specialization from the University of Michigan in 1987 and a B.A. (Honors) in Economics from St. Stephen’s College, The University of Delhi in 1984. He received University of Michigan’s Prize Fellowship in Japanese Business and University Fellowship, and Middlebury College Scholarship. He was on the MSCI Editorial Advisory Board and is a Chartered Financial Analyst. |
| Name | Bryan Cheng |
|---|---|
| Since | 02 January 2019 |
| Bio | Before joining ARGA in 2010, Mr. Cheng was Associate at Gryphon Investors, a middle-market private equity firm in San Francisco. While at Gryphon from 2005 to 2007 he evaluated new investment opportunities in the Consumer Products and Retail sectors and executed acquisitions and financings. Previously, Mr. Cheng was an investment banking analyst with Goldman Sachs & Co. in its Technology, Media & Telecommunications Group in San Francisco, where he worked on M&A transactions for clients including NTT DoCoMo, AT&T Wireless and eBay. Mr. Cheng began his career as an analyst with Citigroup / Salomon Smith Barney in its Global Consumer Group in New York. Mr. Cheng earned an M.B.A from The Wharton School at the University of Pennsylvania in 2009 and graduated with Honors from the University of California, Berkeley in 2002 with a B.S. in Business Administration. |