Fact sheet: BMO LGM Frontier Market

Fund information
Fund name
BMO LGM Frontier Market A Inc
Fund manager company
BMO Investments Inc
Fund type
OEIC
Fund managers
  • Dafydd Lewissince 28/11/2011
  • Thomas Vester Nielsensince 28/11/2011
Fund objective
The Fund aims for long-term capital growth through investment in an actively managed portfolio, primarily invested in equity and equity-related securities of companies in Frontier Markets worldwide. In exceptional circumstances, the Fund may invest in debt securities.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.1%
1 Year rank in sector
205/258
Sector
FO Equity - Emerging Markets
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%
Fund size
£621m (£584m 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.
93
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs46.8%
GAM Star Nth of Sth EM Eq43.1%
HSBC GIFEconScaleIxGEMEq42.2%
Dimensional EmMkt Tgt Val38%
Schroder ISF QEP Gl Eg Mts37.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Vietnam11.1%
    Egypt10.5%
    Costa Rica8.5%
    Georgia6.3%
    Kenya5.6%
  • Consumer Staples46.7%
    Financials30.7%
    Consumer Discretionary9.7%
    Industrials5.7%
    Telecommunications Utilities4.2%
  • African Equity18.4%
    Asia Pacific Emerging Equities18.4%
    American Emerging Equities13.4%
    Egyptian Equity10.5%
    European Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-2.3%0.8%4.1%-4.2%-
Sector-2.6%-4%5.4%9.2%-6.3%3.1%
Rank within sector69 / 26382 / 267198 / 263205 / 258108 / 210-
Quartile2nd2nd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund5%-9.6%-2%34.1%36.3%
Sector10.6%-14.3%-1.4%-0.7%14.2%
Rank within sector201 / 25877 / 241125 / 2152 / 1902 / 162
Quartile4th2nd3rd1st1st
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.
0.47
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%.
10.09
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.
10.68
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.
0.11
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.
0.4
Price movement
52 week high17.37
52 week low14.83
Current bid price-
Current offer price-
Current mid price16.96
Region
1Vietnam11.1%
2Egypt10.5%
3Costa Rica8.5%
4Georgia6.3%
5Kenya5.6%
6Peru5.2%
7Pakistan4.9%
8Saudi Arabia4.9%
9Nigeria4.6%
Industry sector
1Consumer Staples46.7%
2Financials30.7%
3Consumer Discretionary9.7%
4Industrials5.7%
5Telecommunications Utilities4.2%
6Materials2.2%
7Health Care0.8%
Asset type
1African Equity18.4%
2Asia Pacific Emerging Equities18.4%
3American Emerging Equities13.4%
4Egyptian Equity10.5%
5European Equities6.3%
6Asia Pacific Equities5.5%
7Peruvian Equity5.2%
8Saudi Arabian Equities4.9%
9Emirian Equities4.2%
Individual holdings
1VIETNAM DAIRY PRODUCT CO9.9%
2COMMERCIAL INTERNATIONAL CORP7.7%
3BGEO GROUP PLC5.5%
4PRICESMART INC5.3%
5ARAMEX PJSC4.2%
6SONATEL4.2%
7UNIVERSAL ROBINA CORP4.1%
8NAGACORP LTD3.8%
9ALICORP SA3.6%
Management
Fund manager group
No data available.
Fund manager company
BMO Investments Inc
Fund type
OEIC
Fund objective
The Fund aims for long-term capital growth through investment in an actively managed portfolio, primarily invested in equity and equity-related securities of companies in Frontier Markets worldwide. In exceptional circumstances, the Fund may invest in debt securities.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Dafydd Lewis28/11/2011
Thomas Vester Nielsen28/11/2011Mr. Thomas Vester Nielsen, CFA serves as Chief Investment Officer and Senior Portfolio Manager at LG Frontier Markets Fund. Mr. Nielsen has been Chief Investment Officer and Senior Portfolio Manager at LGM Investments Limited since 2014. He has been Portfolio Manager at BMO Funds, Inc. - BMO LGM Frontier Markets Equity Fund since December 2013. He has been the Chief Investment Officer at Lloyd George Management (Europe) Ltd. since 2014, and serves as its Senior Portfolio Manager. Previously, Mr. Nielsen served as a Portfolio Manager and managed the frontier market mandates at BI Asset Management Fondsmæglerselskab AS. He served as Portfolio Manager at BI SICAV - New Emerging Markets Equities. He served as Director of LGM Investments Limited. He served as a Director at Lloyd George Management (Europe) Ltd. He serves as a Member of the Advisory Board of the Brenthurst Foundation. Mr. Nielsen is a C.F.A. charter holder. He holds a M.Sc. in Applied Economics and Finance from the Copenhagen Business School, and has studied at Harvard Business School, London School of Economics, University of Southern California, and National University of Singapore.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Denmark, Finland, United Kingdom, Ireland, Netherlands, Offshore, Sweden
BMO LGM Frontier Market A Inc
Initial charge4.25%
Annual charge2%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.9624
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0NO4
BMO LGM Frontier Market B Acc
Initial charge1.25%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.1129
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0M1Z
BMO LGM Frontier Market B Inc
Initial charge1.25%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.0341
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YPP
BMO LGM Frontier Market E Acc USD
Initial charge1.25%
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.1981
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJS9Z
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