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 01/06/2011
  • Paul DeNoonsince 01/06/2011
  • Henry S D’Auriasince 01/06/2011
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
None
Quick stats
1 Year return
17.3%
1 Year rank in sector
21/153
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
£580m (£266m 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
Fund name1 Year
Smith & Williamson Md-OcnWdInv32%
Investec EmrgMktsMA32%
HSBC Pfl World Seltn 427%
GaveKal Asian Opp UCITS25.7%
Pioneer FlxOpprt25.2%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • Others26.2%
    China19.5%
    Korea10.9%
    Taiwan10.7%
    Brazil8.9%
  • Debt25.9%
    Financials19.9%
    Information Technology14.4%
    Industrials11.4%
    Fixed Interest10.2%
  • International Equities59.2%
    Global Fixed Interest37.8%
    Global Short Maturity Fixed Interest3.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%2.7%11.7%17.3%7.2%14.2%
Sector0.9%1.5%5.4%8.4%10.7%26.9%
Rank within sector56 / 16735 / 1653 / 16221 / 15368 / 10065 / 74
Quartile2nd1st1st1st3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund10.4%10.4%-7.7%-1.2%-9.3%
Sector3.7%3.4%-0.1%5%6.8%
Rank within sector4 / 16523 / 139108 / 11591 / 9683 / 83
Quartile1st1st4th4th4th
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.
-1.58
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.
1.42
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%.
11.27
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.
9.08
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.
-0.06
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 high14.57
52 week low12.14
Current bid price-
Current offer price-
Current mid price14.35
Region
1Others26.19%
2China19.53%
3Korea10.85%
4Taiwan10.68%
5Brazil8.9%
6Russia8.39%
7Mexico4.73%
8Argentina4.16%
9Japan3.31%
Industry sector
1Debt25.93%
2Financials19.86%
3Information Technology14.42%
4Industrials11.35%
5Fixed Interest10.24%
6Energy7.72%
7Materials6.15%
8Money Market3.06%
9Corporate Bonds1.27%
Asset type
1International Equities59.17%
2Global Fixed Interest37.77%
3Global Short Maturity Fixed Interest3.06%
Individual holdings
1BRAZIL NOTAS DO TESOURO NACL 10.00%. 1/01/21 - 1/01/253%
2JIANGSU EXPRESSWAY CO2.44%
3KINGBOARD CHEMICAL HLDG2.43%
4NOVOLIPETSK IRON AND STEEL CORP1.83%
5MARUBENI CORP1.76%
6BANK OF CHINA LTD1.6%
7CHONGQING RURAL COMMERCIAL BANK1.6%
8MAGYAR OLAJ-ES GAZIPARE RESZVENYTAR1.59%
9KB FINANCIAL GROUP INC1.58%
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
None
Fund managers
NameSinceBiography
Morgan C. Harting01/06/2011Morgan 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).
Paul DeNoon01/06/2011Mr. DeNoon directs all of AllianceBernstein's investment activities regarding emerging-market debt securities, and is also a member of the Global Fixed Income Team. Prior to joining the firm in 1992, Mr. DeNoon was a vice president in the investment portfolio group at Manufacturers Hanover Trust and an economist in the Financial Markets Research Group, primarily responsible for analysis of monetary and fiscal policy. He began his career as a Research Analyst for Lehman Brothers. Mr. DeNoon holds a BA in economics from Union College and an MBA in finance from New York University. Location: New York
Henry S D’Auria01/06/2011
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 price13.54
CurrencyEUR
Price updated22/05/2017
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 price118.49
CurrencyHKD
Price updated22/05/2017
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 price15.22
CurrencyUSD
Price updated22/05/2017
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 price101.36
CurrencyHKD
Price updated22/05/2017
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 price13.02
CurrencyUSD
Price updated22/05/2017
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 price12.51
CurrencyAUD
Price updated22/05/2017
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 price12.62
CurrencyCAD
Price updated22/05/2017
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 price12.95
CurrencyEUR
Price updated22/05/2017
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 price12.92
CurrencyGBP
Price updated22/05/2017
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 price13.86
CurrencySGD
Price updated22/05/2017
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)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.7
CurrencyZAR
Price updated22/05/2017
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 price18.52
CurrencyAUD
Price updated22/05/2017
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 price17.44
CurrencyCAD
Price updated22/05/2017
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 price14.11
CurrencyCHF
Price updated22/05/2017
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 price14.55
CurrencyEUR
Price updated22/05/2017
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 price15.04
CurrencyGBP
Price updated22/05/2017
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 price17.11
CurrencySGD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFD9P
AB Emerging Markets Multi Asset Portfolio AR USD
Initial charge6.25%
Annual charge1.6%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.38
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNUFR
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 price15.04
CurrencyEUR
Price updated22/05/2017
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 price14.35
CurrencyUSD
Price updated22/05/2017
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 price13.1
CurrencyUSD
Price updated22/05/2017
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 price14.83
CurrencyUSD
Price updated22/05/2017
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 price14.23
CurrencyEUR
Price updated22/05/2017
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 price15.99
CurrencyUSD
Price updated22/05/2017
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)1.09%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price11.84
CurrencyUSD
Price updated22/05/2017
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 price14.76
CurrencyCHF
Price updated22/05/2017
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 price15.31
CurrencyEUR
Price updated22/05/2017
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 price15.75
CurrencyGBP
Price updated22/05/2017
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 price15.77
CurrencyUSD
Price updated22/05/2017
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)0.12%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price13.06
CurrencyGBP
Price updated22/05/2017
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)0.12%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price16.97
CurrencyUSD
Price updated22/05/2017
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)0.92%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price12.45
CurrencyGBP
Price updated22/05/2017
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)0.92%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price16.18
CurrencyUSD
Price updated22/05/2017
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 price110.71
CurrencyUSD
Price updated22/05/2017
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 price18.64
CurrencyGBP
Price updated22/05/2017
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 price15.22
CurrencyGBP
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFH5I
Data provided by

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