Fact sheet: Alger Emerging Markets

Fund information
Fund name
Alger Emerging Markets A
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund managers
  • Amy Y. Zhangsince 01/02/2015
Fund objective
Primarily invests in growth equity securities of companies of all market caps, domiciled in emerging market countries, and identified through our fundamental research as demonstrating promising growth potential.
Benchmark
  • MSCI Emerging Markets Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
13.5%
1 Year rank in sector
158/258
Sector
FO Equity - Emerging Markets
Yield
-
Fund size
£33m (£28m 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.
120
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq47.6%
T. Rowe Price EmgMktsEq46.7%
Wells Fargo WW Emg Mkts Eq45.7%
Templeton BRIC45%
GS BRICs Rqt Portfl44.9%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Asia Pacific ex Japan72.4%
    Latin America17.6%
    Africa6%
    Europe4%
  • Information Technology26.2%
    Financials19.7%
    Consumer Discretionary16.3%
    Industrials8.9%
    Materials6.5%
  • Asia Pacific ex Japan Equities72.4%
    American Emerging Equities17.6%
    African Equity6%
    European Equities4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%10%11.9%13.5%-1.9%25%
Sector0.6%10.1%11.6%11.8%-3.3%12.7%
Rank within sector105 / 264137 / 264133 / 260158 / 258117 / 20674 / 157
Quartile2nd3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.7%-9.3%-7.2%15.6%12.5%
Sector14.2%-14.3%-1.4%-0.7%14.2%
Rank within sector203 / 25973 / 243199 / 21815 / 192131 / 163
Quartile4th2nd4th1st4th
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.
-0.23
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.
0.96
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%.
14.86
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.
6.11
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.
-0.07
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.
0.83
Price movement
52 week high14.1
52 week low10.81
Current bid price-
Current offer price-
Current mid price13.81
Region
1Asia Pacific ex Japan72.37%
2Latin America17.61%
3Africa6.03%
4Europe3.99%
Industry sector
1Information Technology26.23%
2Financials19.71%
3Consumer Discretionary16.32%
4Industrials8.93%
5Materials6.52%
6Consumer Staples6.5%
7Health Care5.88%
8Energy3.85%
9Telecommunications Utilities3.11%
Asset type
1Asia Pacific ex Japan Equities72.37%
2American Emerging Equities17.61%
3African Equity6.03%
4European Equities3.99%
Individual holdings
1SAMSUNG ELECTRONICS CO4.83%
2TENCENT HLDGS LTD4.38%
3ALIBABA ADR2.38%
4NASPERS2.32%
5CHINA MOBILE LTD2.13%
6AUROBINDO PHARMA1.69%
7AUROBINDO PHARMA1.69%
8HDFC BANK LTD1.69%
9HDFC BANK LTD1.69%
Management
Fund manager group
RBS
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund objective
Primarily invests in growth equity securities of companies of all market caps, domiciled in emerging market countries, and identified through our fundamental research as demonstrating promising growth potential.
Benchmark
  • MSCI Emerging Markets Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Amy Y. Zhang01/02/2015Amy Zhang is Senior Vice President and Portfolio Manager of the Alger Small Cap Focus and Alger Small Cap Growth strategies. She joined Alger in 2015 and has 19 years of investment experience. Prior to joining Alger, Amy worked at Brown Capital Management as a Managing Director and Senior Portfolio Manager of its Brown Capital Small Company Fund. Her previous experience includes working as a Portfolio Manager/Analyst at Epsilon Investment Management, Research Analyst at Templeton Worldwide, and Associate at Citicorp Securities. Amy earned her B.A. from Manhattanville College, where she graduated Summa Cum Laude. She earned her M.B.A. from Columbia Business School, where she was inducted into the Beta Gamma Sigma honor society and named to the Dean’s List. She is also a member of the Columbia Business School Ambassadors Program. Amy is a CFA charterholder and a member of the CFA Institute. She is a former President of the CFA Society Baltimore and is currently chair of their Advisory Board. She also served as a member on the Board of Directors, as well as Vice President and Programs Chair for the CFA Society of Stamford.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
Alger Emerging Markets A
Initial charge6%
Annual charge1.75%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.81
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ364
Alger Emerging Markets A EUR
Initial charge6%
Annual charge1.75%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.31
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMK7Q
Alger Emerging Markets I
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£3,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.31
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPCX
Alger Emerging Markets I EUR
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.73
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK7I
Alger Emerging Markets I-3
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.29
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPCW
Alger Emerging Markets I-3 EUR
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.73
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMK7O
Data provided by

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