- Overview
- Interactive Chart
- Performance
- Risk and Rating
- Portfolio
- Management Team
- Fee
- Historical Price &
Dividend - Print
- Key Fact Statement
- Glossary
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Performance History | 30/04/2025 |
Growth of 1,000(EUR) | Advanced Graph |
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• | Fund | 21.07 | -23.46 | 8.06 | 4.77 | 0.45 |
• | +/-Cat | -5.60 | -0.51 | -0.77 | 1.47 | -1.52 |
• | +/-Idx | 0.49 | -0.96 | -6.38 | 0.22 | -4.90 |
Category: Europe ex-UK Small/Mid-Cap Equity | ||||||
Index: Morningstar Developed Europe ex-UK Small Cap Target Market Exposure NR EUR | ||||||
Trailing Returns | 15/05/2025 | |||||
Fund | +/-Idx | |||||
YTD | 5.75 | -4.77 | ||||
3 Years | 14.28 | -9.63 | ||||
5 Years | 41.14 | -26.39 | ||||
10 Years | 64.27 | -25.08 | ||||
12 Month Yield | 0.00 | |||||
Dividend Paying Frequency | Semi-Annually | |||||
Key Stats | ||
Morningstar Category
Europe ex-UK Small/Mid-Cap Equity
Morningstar Rating™

ISIN
GB00B3NSX137
NAV 15/05/2025
EUR 63.1300
Day Change
0.11%
Total Net Assets (mil)
30/04/2025
USD 589.04
USD 589.04
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
William Cuss
Colin Riddles
Rosemary Simmonds
Nicholas Williams
Inception Date
15/10/2009
Benchmark | ||||
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Investment strategy |
The investment objective of the Trust is to achieve capital growth by investing in Europe excluding the United Kingdom. The Trust will seek to achieve its investment objective by investing at least 75% of its total assets directly and indirectly in equities and equity-related securities of smaller companies incorporated in, or exercising the predominant part of their economic activity in Europe excluding the United Kingdom, or quoted or traded on the stock exchanges in Europe excluding the United Kingdom. Smaller European companies can be defined as those companies which are constituents of the bottom 30% of total market capitalisation of Europe’s listed companies (this excludes companies in the United Kingdom). |
Portfolio Profile | 31/03/2025 |
Morningstar Style Box®_Morningstar: | |||||
Equity Style | |||||
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Asset Allocation % | |||
% Long | % Short | % Net Assets | |
Stocks | 95.08 | 0.00 | 95.08 |
Bonds | 0.00 | 0.00 | 0.00 |
Cash | 4.98 | 0.06 | 4.92 |
Other | 0.00 | 0.00 | 0.00 |
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Top 5 Holdings | Sector | % |
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2.48 |
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2.26 |
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2.15 |
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2.13 |
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2.02 |
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For the market value of financial derivatives, Morningstar's calculation method includes the nominal value of derivative agreements to reflect position-holding (position) for your reference. If the position-holding ranking calculated by Morningstar shall be different from that published by the fund company, the ranking in the monthly report (click here) by the fund company shall prevail. |
Price Chart
- Baring Europe Select Trust (EUR)

Annual Returns | 30/04/2025 | |||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
Total Return | -11.88 | 26.79 | 6.20 | 21.07 | -23.46 | 8.06 | 4.77 | 0.45 |
+/- Category | 5.31 | 0.63 | -8.35 | -5.60 | -0.51 | -0.77 | 1.47 | -1.52 |
+/- Index | 3.98 | -3.43 | -2.67 | 0.49 | -0.96 | -6.38 | 0.22 | -4.90 |
% Rank (Rel to Cat) | 12 | 62 | 77 | 78 | 53 | 61 | 42 | 33 |
Trailing Returns | 15/05/2025 | |||
Total Return | +/- Category | +/- Index | ||
1 Day | 0.11 | -0.06 | -0.14 | |
1 Week | 2.65 | 0.18 | 0.14 | |
1 Month | 9.75 | -0.44 | 0.38 | |
3 Months | -1.45 | -1.18 | -4.21 | |
6 Months | 6.30 | -0.12 | -4.64 | |
YTD | 5.75 | -0.30 | -4.77 | |
1 Year | 1.71 | -1.46 | -5.25 | |
3 Years | 14.28 | -3.69 | -9.63 | |
5 Years | 41.14 | -28.32 | -26.39 | |
10 Years | 64.27 | -28.21 | -25.08 | |
Category:Europe ex-UK Small/Mid-Cap Equity | ||||
Index:Morningstar Developed Europe ex-UK Small Cap Target Market Exposure NR EUR |
Quarterly Returns | 30/04/2025 | |||
Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
2025 | -0.69 | - | - | - |
2024 | 6.12 | -1.32 | 2.73 | -2.61 |
2023 | 6.39 | -1.69 | -3.25 | 6.78 |
2022 | -13.79 | -14.13 | -8.27 | 12.72 |
Dividend | 15/05/2025 |
12 Month Yield | 0.00 |
2025 | - |
2024 | 0.21 |
2023 | 0.53 |
2022 | 0.60 |
Morningstar Rating™ Relative to Category | 30/04/2025 |
3-Year |
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5-Year |
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10-Year |
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Overall |
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Volatility Measurements | 30/04/2025 | |||||||||||||||||||||||||
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Investment Style Details | 31/03/2025 | |||||||||||||||||||||||||||||||||||||||
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Category: Europe ex-UK Small/Mid-Cap Equity | ||||||||||||||||||||||||||||||||||||||||
AssetAllocation | 31/03/2025 |
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World Regions | 31/03/2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||
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Category: Europe ex-UK Small/Mid-Cap Equity |
Stock Sector Weightings | 31/03/2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Category: Europe ex-UK Small/Mid-Cap Equity |
Top 10 Holdings | 31/03/2025 |
Portfolio | |
Total Number of Equity Holdings | 97 |
Total Number of Bond Holdings | 0 |
Assets in Top 10 Holdings % | 20.18 |
Product Name | Sector | Country/Region | % of Assets | ||
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Netherlands | 2.48 | ||
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Italy | 2.26 | ||
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Italy | 2.15 | ||
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Spain | 2.13 | ||
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Germany | 2.02 | ||
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Italy | 1.90 | ||
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Italy | 1.89 | ||
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Switzerland | 1.89 | ||
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Switzerland | 1.80 | ||
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Netherlands | 1.66 | ||
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Category: Europe ex-UK Small/Mid-Cap Equity | |||||
For the market value of financial derivatives, Morningstar's calculation method includes the nominal value of derivative agreements to reflect position-holding (position) for your reference. If the position-holding ranking calculated by Morningstar shall be different from that published by the fund company, the ranking in the monthly report (click here) by the fund company shall prevail. |
Management Team | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
William Cuss is an Investment Manager on Barings’ Small Cap Equity team and co-manager of the Barings Europe Select Trust, the Barings European Opportunities Fund and the Barings International Small Cap strategy. He has worked in the industry since 2014. William joined the firm in 2016 from Investec, where he was an Equity Analyst, focusing on the European consumer staples sector. Previously, William worked as an auditor for Ernst & Young, where he qualified as a Chartered Accountant. William holds a BA (Hons) in History and Politics from the University of Warwick and is a member of the CFA Institute. | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
Colin is a Portfolio manager in the Small Cap Equity Team and co-manager of the Barings Europe Select Trust, the Barings European Opportunities Fund and the Barings International Small Cap strategy. He joined Barings in March 2010 from GLG, where he was responsible for their UK Small Company Fund. Previously, he worked at HSBC Halbis, Scottish Widows and General Accident. Colin has a BA (Hons) in Financial Studies & Computer Science, an MSc in Investment Analysis from Stirling University and an MBA from Edinburgh Business School. He is a member of the CFA UK. | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
Rosie is a Portfolio manager in the Small Cap Equity Team, co-manager of the Barings Europe Select Trust, the Barings European Opportunities Fund and the Barings International Small Cap strategy. Rosie joined Barings in September 2010 from Baillie Gifford where she worked for three years as an Investment Analyst. Rosie graduated from Oxford University with a degree in Modern History. She was awarded the IMC certificate in 2009 and is a CFA Charterholder. | |||||||||||||||||||||||||||||
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Biography | |||||||||||||||||||||||||||||
Nick is Head of Small Cap Equities and co-manager of the Barings Europe Select Trust, the Barings European Opportunities Fund and the Barings International Small Cap strategy. He joined Barings in 2004, having previously worked for 11 years at Singer & Friedlander, where he was Head of the European desk and a member of the Investment Policy Committee. During his tenure at Singer & Friedlander, Nick was responsible for managing both institutional and retail European funds across the capitalisation range. Nick has a BA (Hons) in English Language and Literature from Corpus Christi College, Oxford. |
Fees and Expenses | ||||||||||||
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