Fact sheet: Aberdeen Gbl Russian Equity

Fund information
Fund name
Aberdeen Global Russian Equity X2
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund managers
  • Global Emerging Markets Equity Teamsince 26/07/2010
Fund objective
The Fund’s investment objective is long-term total return to be achieved by investing at least two-thirds of the Fund’s assets in equities and equity-related securities of companies with their registered office in Russia; and/or, of companies which have the preponderance of their business activities in Russia; and/or, of holding companies that have the preponderance of their assets in companies with their registered office in Russia. The Fund may invest directly in securities listed on the Russian Trading System (RTS) or The Moscow Interbank Currency Exchange (MICEX) issued by companies meeting the above criteria. The Fund may also invest directly in securities on non-Regulated Markets in Russia and the CIS, but such investments will be limited to 10% of the Fund’s Net Asset Value. The Fund may also gain indirect equity exposure through investment in depositary receipts. Furthermore, one third of the Fund’s assets may be invested, in accordance with Art 41 of the Law, in the CIS and Eastern Europe or in companies which conduct a large majority of their business activities there.
Benchmark
  • MSCI Russia 10/40 (NR)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
27.1%
1 Year rank in sector
15/91
Sector
FO Equity - Europe Single Country
Yield
0.7%
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.
1.7%
Fund size
£17m (£17m 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.
158
Top in this sector
Fund name1 Year
Pictet Russian Equities70%
Baring Russia60.7%
HSBC GIF Russia Equity51.7%
Pictet Russia Index45.8%
East Capital Lux Russian36.7%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Russia77.8%
    USA9.9%
    Georgia7.4%
    Turkey4.8%
    Europe0.1%
  • Consumer Staples24.1%
    Financials18.2%
    Energy16.4%
    Information Technology15.7%
    Health Care8.2%
  • Russian Equities77.8%
    US Equities8.5%
    European Emerging Equities7.4%
    Turkish Equities4.8%
    Cash & Cash Equivalents1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%13.7%22.9%27.1%-7.8%11.2%
Sector0.4%9.4%6.9%10.2%19.8%68.3%
Rank within sector4 / 9328 / 937 / 9315 / 9169 / 8361 / 77
Quartile1st2nd1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund24.3%14.9%-37.1%2.7%17.4%
Sector4.4%9.2%1.7%17.5%18.4%
Rank within sector14 / 9333 / 9071 / 8367 / 8044 / 77
Quartile1st2nd4th4th3rd
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.
-12.47
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.
1.75
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.
-0.01
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%.
26.93
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.
18.98
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.
-0.48
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.
0.6
Price movement
52 week high9.75
52 week low6.26
Current bid price-
Current offer price-
Current mid price9.57
Region
1Russia77.82%
2USA9.94%
3Georgia7.37%
4Turkey4.78%
5Europe0.09%
Industry sector
1Consumer Staples24.08%
2Financials18.22%
3Energy16.38%
4Information Technology15.69%
5Health Care8.18%
6Materials6.14%
7Industrials5.13%
8Telecommunications Utilities3.28%
9Others1.51%
Asset type
1Russian Equities77.82%
2US Equities8.52%
3European Emerging Equities7.37%
4Turkish Equities4.78%
5Cash & Cash Equivalents1.51%
Individual holdings
1SBERBANK OF RUSSIA10%
2MAGNIT PJSC9.5%
3LUKOIL OAO8.4%
4NOVATEK OAO8%
5MD MEDICAL GROUP INVEST PLC5.4%
6EPAM SYSTEMS INC4.8%
7BGEO GROUP PLC4.7%
8YANDEX NV4.6%
9LENTA LTD4.5%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund objective
The Fund’s investment objective is long-term total return to be achieved by investing at least two-thirds of the Fund’s assets in equities and equity-related securities of companies with their registered office in Russia; and/or, of companies which have the preponderance of their business activities in Russia; and/or, of holding companies that have the preponderance of their assets in companies with their registered office in Russia. The Fund may invest directly in securities listed on the Russian Trading System (RTS) or The Moscow Interbank Currency Exchange (MICEX) issued by companies meeting the above criteria. The Fund may also invest directly in securities on non-Regulated Markets in Russia and the CIS, but such investments will be limited to 10% of the Fund’s Net Asset Value. The Fund may also gain indirect equity exposure through investment in depositary receipts. Furthermore, one third of the Fund’s assets may be invested, in accordance with Art 41 of the Law, in the CIS and Eastern Europe or in companies which conduct a large majority of their business activities there.
Benchmark
  • MSCI Russia 10/40 (NR)
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Global Emerging Markets Equity Team26/07/2010Devan Kaloo is head of global emerging markets, responsible for the London based GEM team, which manages Latin America and EMEA equities, and also has oversight of GEM input from the Asia team based in Singapore, with whom he works closely. Devan joined Aberdeen in 2000 on the Asian portfolio team before becoming responsible for the Asian ex Japan region as well as regional portfolios within emerging market mandates and technology stocks. Previously, Devan worked for Martin Currie on the North American desk before transferring to the global asset allocation team and then Asian portfolios. Devan graduated with a MA (Hons) in Management and International Relations from the University of St Andrews and a MSc in Investment Analysis from the University of Stirling.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Liechtenstein, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Aberdeen Global Russian Equity A2
Initial charge6.38%
Annual charge1.75%
Min single investment£1,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price8.1667
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKIC0
Aberdeen Global Russian Equity I2
Initial charge6.38%
Annual charge1%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price685.3932
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0I1
Aberdeen Global Russian Equity R2
Initial charge6.38%
Annual charge1%
Min single investment£1,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.9572
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE09B
Aberdeen Global Russian Equity S2
Initial charge6.38%
Annual charge1.92%
Min single investment£1,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)2.62%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price8.0808
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH803
Aberdeen Global Russian Equity X2
Initial charge6.38%
Annual charge1%
Min single investment£1,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.5738
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWSP
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