Active management and value investing in Europe can exceed ETFs significantly-if you stay consistent. (Photo: Freepik, Muraveev)
Europe’s stock exchanges were long considered boring. But an active fund manager from London proves the opposite: Oliver Kelton has not only set up the best European equity funds of the past 5 years with his Ardtur European Focus Fund (ISIN: IE000GBN91O8)-he also provides a plea for concentrated stock picking in value style. A look behind the scenes of an exception fund.
The hidden champion under Europe’s equity fund
In a world full of passive index hugger, the Ardtur European Focus Fund stands out: With a performance of over 145 percent in 5 years, he leads the European fund ranking confidently – about 15 percentage points before the next best fund. Oliver Kelton’s success product, an active investor in old school, is taken on substance instead of hype.
With a fund volume of around 650 million euros, the fund focuses on European default values that make stable profits despite crises and volatility. The goal: long -term capital growth – without gimmicks, but with consistency.
The man behind the success: Oliver Kelton
Oliver Kelton is not a fund manager who gets lost in the noise of the markets. The University of Bristol’s graduate began his career at Waverton Investment Management and took responsibility for European stock strategies early on. After stations at Brook Asset Management, he switched to SW in 2023 Mitchell Capital LLPto lead the Ardtur European Focus Fund there – and with resounding success.
His portfolio? Not a wide scattered meat shop, but a compact package from 25 to 35 positions, of which the top 10 accounts for more than half. The focus is on European large and MID caps, which shine with stable cash flows, robust balance sheets and attractive reviews. Oliver Kelton not only embodies the tradition of active, fundamentally oriented investment, but also shows that European stocks – correctly analyzed and weighted – can write sustainable success stories.
Value is dead? Are you kidding me? Are you serious when you say that!
While growth stocks have dominated the headlines in recent years, Europe has long been shadowy – wrongly, fund manager Oliver Kelton says. The ultra-fuel monetary policy of the last decade has created an extreme price gradient between growth and value titles and largely hung up substance values. This is exactly where Celton sees enormous catch -up potential.
His investment strategy specifically relies on this evaluation discrepancy and is based on 3 clearly defined columns: Quality at a Reasonable Price (QARP), concentrated portfolio management and a profound fundamental analysis.
What is striking is the structured allocation: the fund shows a significant overweight overweight in the sectors finances (24 percent) and energy (18 percent), while cyclical consumer goods are targeted – a clear signal for the defensive basic orientation of the portfolio.
The top positions-no fear of concentration
A look at the current top woods illustrates this line. Shell PLC leads the list with a share of almost 10 percent, followed by established substance values such as German bank,, Commerzbank,, BASFArcelorMittal and Orange. Kelton justifies his commitment to banks such as Commerzbank with their solid operational dynamics and attractive reviews. In addition, the Deutsche Bank in particular benefits from state economic programs and ambitious return goals.
Performance, risk and perspectives
The fund’s performance figures speak a clear language: with an increase of 130 percent over 5 years and 30 percent in the past 3 years, the fund clearly has left its benchmark behind. However, this outperformance has its price: volatility is over 5 years at an impressive 19 percent, the maximum drawdown ever reached at 38 percent.
This shows: The Ardtur European Focus Fund is not a fund for the faint of heart, but requires a long-term investment horizon and conviction-in line with the value of the value. At the same time, it offers a real Active Share bonus that clearly delimits it from passive ETF products.
Conclusion: a fund with character – and backbone
The Ardtur European Focus Fund is not a fund for fans of fashionable topics or AI euphoria. He is made for investors who appreciate conviction and stability – just like his manager. Oliver Kelton has shown that Stock picking lives-if you are serious. This fund is more than just an insider tip for investors with courage to opinion, sense of substance and a long investment horizon. He is a counter-design to the ETF mainstream world-and maybe exactly what Europe’s stock exchanges now.
In short: Anyone who believes in the comeback of European standard values will find an actively managed power package in the Ardtur European Focus Fund with a convincing track record.
Disclaimer:
No investment advice. No call to buy or sell securities.