Fact sheet: AB Emrg Mkt Ml Ast Pfl

Fund information
Fund name
AB Emerging Markets Multi Asset Portfolio B USD
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund managers
  • Morgan C. Hartingsince 31/05/2011
  • Marco Santamariasince 31/05/2011
Fund objective
Seeks to maximize total return by dynamically adjusting exposure to emerging markets by investing across asset classes, which include equities, fixed income and currencies, Building an unconstrained portfolio to maximize total return and minimize volatility, employing a disciplined investment process that draws on our global research platform and multi-asset capabilities.
Benchmark
  • MSCI Emerging Markets
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
5.8%
1 Year rank in sector
33/152
Sector
FO Mixed Asset - Flexible
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.95%
Fund size
£391m (£248m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
81
Top in this sector
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Aria Absolut Inc Prtd UCITs30.9%
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...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • International35.6%
    China14.6%
    Taiwan13%
    Brazil10.3%
    Korea8.2%
  • Government Bonds26.8%
    Information Technology18.9%
    Financials18.2%
    Energy16.6%
    Utilities8.6%
  • International Equities69.6%
    Global Fixed Interest30.3%
    Global Short Maturity Fixed Interest0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.9%-3.5%4%5.8%-0.4%-0.6%
Sector-0.8%-0.8%2%0.5%7.3%23.4%
Rank within sector161 / 166155 / 16950 / 16333 / 15288 / 10674 / 77
Quartile4th4th2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund9.6%-7.7%-1.2%-9.3%13.7%
Sector2.1%-0.1%5%6.8%6.9%
Rank within sector24 / 153118 / 128103 / 11096 / 9613 / 79
Quartile1st4th4th4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.33
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.38
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
11.02
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.86
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.19
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.38
Price movement
52 week high13.65
52 week low10.85
Current bid price-
Current offer price-
Current mid price12.73
Region
1International35.55%
2China14.6%
3Taiwan12.97%
4Brazil10.32%
5Korea8.16%
6South Africa4.31%
7Russia3.87%
8Hungary3.64%
9Hong Kong3.4%
Industry sector
1Government Bonds26.82%
2Information Technology18.87%
3Financials18.17%
4Energy16.58%
5Utilities8.55%
6Industrials6.92%
7Government Agency Bonds3.61%
8Others0.35%
9Money Market0.13%
Asset type
1International Equities69.55%
2Global Fixed Interest30.32%
3Global Short Maturity Fixed Interest0.13%
Individual holdings
1KOREA ELECTRIC POWER CORP2.54%
2BP2.2%
3ROYAL DUTCH SHELL2.17%
4PETROLEO BRASILEIRO SA PETROBRAS2.12%
5BANK OF CHINA LTD2.01%
6BRAZIL NOTAS DO TESOURO NACL 10.00%. 1/01/21 - 1/01/271.99%
7TRANSCEND INFORMATION INC1.99%
8MAGYAR OLAJ-ES GAZIPARE RESZVENYTAR1.82%
9CHINA CONSTRUCTION BANK1.71%
Management
Fund manager group
AllianceBernstein
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund objective
Seeks to maximize total return by dynamically adjusting exposure to emerging markets by investing across asset classes, which include equities, fixed income and currencies, Building an unconstrained portfolio to maximize total return and minimize volatility, employing a disciplined investment process that draws on our global research platform and multi-asset capabilities.
Benchmark
  • MSCI Emerging Markets
Investment style
Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
Morgan C. Harting31/05/2011Morgan C. Harting co-heads the Emerging Markets Multi-Asset team. He is responsible for the creation, design and day-to-day management of the strategy. Harting’s role as Senior Portfolio Manager for Emerging Markets Value and his participation on the broader Global Value team complement these responsibilities. Harting earned a BA from Wesleyan University and an MA and MBA from Yale University, where he was a graduate teaching fellow in international economics. He is a CFA charterholder and a Chartered Alternative Investment Analyst (CAIA).
Marco Santamaria31/05/2011Marco Santamaria is Co-Head of the Emerging Markets Multi-Asset team. He is also a member of the Emerging-Market Debt and Global Fixed Income Portfolio Management teams. Santamaria originally worked at the firm from 1992 to 1994. Prior to rejoining AllianceBernstein in 2010, he was a founding partner at Global Securities Advisors, a fixed-income hedge fund focused on the emerging markets. Earlier in his career, he managed the Emerging Markets Sovereign Strategy Research team at Lehman Brothers. Santamaria holds an AB in economics and English from Amherst College and an MA in international economics from Johns Hopkins University School of Advanced International Studies. He is a CFA charterholder. Location: New York
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, France, United Kingdom, Hong Kong, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
AB Emerging Markets Multi Asset Portfolio A EUR
Initial charge-
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price12.61
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05GT
AB Emerging Markets Multi Asset Portfolio A HKD
Initial charge-
Annual charge1.6%
Min single investment£15,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price104.32
CurrencyHKD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0G9N
AB Emerging Markets Multi Asset Portfolio A USD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price13.45
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05GS
AB Emerging Markets Multi Asset Portfolio AD HKD
Initial charge-
Annual charge-
Min single investment£15,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.05
CurrencyHKD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7FG
AB Emerging Markets Multi Asset Portfolio AD USD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.74
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7FF
AB Emerging Markets Multi Asset Portfolio ADH AUD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.3
CurrencyAUD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7FJ
AB Emerging Markets Multi Asset Portfolio ADH CAD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.4
CurrencyCAD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF80W
AB Emerging Markets Multi Asset Portfolio ADH EUR
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.71
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7FI
AB Emerging Markets Multi Asset Portfolio ADH GBP
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.69
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7GA
AB Emerging Markets Multi Asset Portfolio ADH SGD
Initial charge6.25%
Annual charge1.6%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.53
CurrencySGD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFD9Q
AB Emerging Markets Multi Asset Portfolio ADH ZAR
Initial charge6.25%
Annual charge1.6%
Min single investment£20,000
Min regular saving£7,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price87.98
CurrencyZAR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE9PN
AB Emerging Markets Multi Asset Portfolio AH AUD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.32
CurrencyAUD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFB8O
AB Emerging Markets Multi Asset Portfolio AH CAD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.46
CurrencyCAD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEIV
AB Emerging Markets Multi Asset Portfolio AH CHF
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price12.6
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LOY
AB Emerging Markets Multi Asset Portfolio AH EUR
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price12.97
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05H2
AB Emerging Markets Multi Asset Portfolio AH GBP
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price13.37
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05H3
AB Emerging Markets Multi Asset Portfolio AH SGD
Initial charge6.25%
Annual charge1.6%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.15
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFD9P
AB Emerging Markets Multi Asset Portfolio ARH EUR
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.41
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFS9G
AB Emerging Markets Multi Asset Portfolio B USD
Initial charge-
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.95%
Total expense ratio (TER)2.94%
Bid price-
Offer price-
Mid price12.73
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05GU
AB Emerging Markets Multi Asset Portfolio BD USD
Initial charge-
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.82
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7FH
AB Emerging Markets Multi Asset Portfolio C USD
Initial charge-
Annual charge2.05%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.39%
Bid price-
Offer price-
Mid price13.12
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05GV
AB Emerging Markets Multi Asset Portfolio I EUR
Initial charge1.5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price13.19
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05GX
AB Emerging Markets Multi Asset Portfolio I USD
Initial charge1.5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price14.07
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05GW
AB Emerging Markets Multi Asset Portfolio ID USD
Initial charge1.5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price10.67
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0J0I
AB Emerging Markets Multi Asset Portfolio IH CHF
Initial charge1.5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price13.14
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0LOZ
AB Emerging Markets Multi Asset Portfolio IH EUR
Initial charge1.5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price13.6
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05H4
AB Emerging Markets Multi Asset Portfolio IH GBP
Initial charge1.5%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price13.95
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05H5
AB Emerging Markets Multi Asset Portfolio N USD
Initial charge3%
Annual charge2.05%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.96
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4UO
AB Emerging Markets Multi Asset Portfolio S GBP
Initial charge-
Annual charge-
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price11.8
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05GZ
AB Emerging Markets Multi Asset Portfolio S USD
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price14.86
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05GY
AB Emerging Markets Multi Asset Portfolio S1 GBP
Initial charge-
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price11.29
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05H1
AB Emerging Markets Multi Asset Portfolio S1 USD
Initial charge-
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price14.22
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05H0
AB Emerging Markets Multi Asset Portfolio SD USD
Initial charge-
Annual charge-
Min single investment£250,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.72
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFX2I
AB Emerging Markets Multi Asset Portfolio SH GBP
Initial charge-
Annual charge-
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.43
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDKN
AB Emerging Markets Multi Asset Portfolio SQDH GBP
Initial charge-
Annual charge-
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.83
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFH5I
Data provided by

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