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
229/258
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.
2.4%
Fund size
£617m (£561m 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.
84
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

  • Egypt10.8%
    Vietnam10.8%
    Costa Rica7.4%
    Kenya6.3%
    Nigeria6.3%
  • Consumer Staples46.7%
    Financials27.1%
    Industrials7.7%
    Consumer Discretionary7.5%
    Telecommunications Utilities4%
  • African Equity19.6%
    Asia Pacific Emerging Equities16.3%
    American Emerging Equities13.3%
    Egyptian Equity10.8%
    Emirian Equities5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%1.1%11.3%4.1%3.5%-
Sector0.6%10.1%11.6%11.8%-3.3%12.7%
Rank within sector231 / 264250 / 264154 / 260229 / 25884 / 206-
Quartile4th4th3rd4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.2%-9.6%-2%34.1%36.3%
Sector14.2%-14.3%-1.4%-0.7%14.2%
Rank within sector232 / 25977 / 243126 / 2182 / 1922 / 163
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.
2.19
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.
0.48
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%.
10.59
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.
10.83
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.
0.15
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.
0.42
Price movement
52 week high17.37
52 week low14.83
Current bid price-
Current offer price-
Current mid price17.16
Region
1Egypt10.8%
2Vietnam10.8%
3Costa Rica7.4%
4Kenya6.3%
5Nigeria6.3%
6United Arab Emirates5.7%
7Georgia5.3%
8Saudi Arabia5.1%
9Pakistan4.1%
Industry sector
1Consumer Staples46.7%
2Financials27.1%
3Industrials7.7%
4Consumer Discretionary7.5%
5Telecommunications Utilities4%
6Money Market3.1%
7Materials2.6%
8Health Care1.3%
Asset type
1African Equity19.6%
2Asia Pacific Emerging Equities16.3%
3American Emerging Equities13.3%
4Egyptian Equity10.8%
5Emirian Equities5.7%
6European Equities5.3%
7Saudi Arabian Equities5.1%
8Asia Pacific Equities5%
9Middle East & African Equities4%
Individual holdings
1VIETNAM DAIRY PRODUCT CO9.6%
2ARAMEX PJSC5.7%
3COMMERCIAL INTERNATIONAL CORP5.2%
4PRICESMART INC4.3%
5BANK OF GEORGIA JSC4%
6SONATEL4%
7GUARANTY TRUST BANK NGN0.503.7%
8BBVA BANCO FRANCES ORDINARIAS SA3.6%
9EASTERN TABACCO3.6%
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)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.1579
CurrencyUSD
Price updated15/09/2016
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)1.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.2958
CurrencyUSD
Price updated15/09/2016
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)1.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.1928
CurrencyUSD
Price updated15/09/2016
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)0.37%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.3129
CurrencyUSD
Price updated15/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJS9Z
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