Fact sheet: Baring Emerging Europe PLC

Fund information
Fund name
Baring Emerging Europe PLC
Fund manager company
Baring Asset Mgt
Fund type
Investment Trust
Fund managers
  • Matthias Sillersince 01/01/2009
Fund objective
The investment objective of the Fund is to achieve long-term capital growth, principally through investment in Emerging European securities.
Benchmark
  • MSCI Emerging Europe 10/40
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
40.6%
1 Year rank in sector
1/2
Sector
IT European Emerging Markets
Yield
3.7%
Fund size
£100m
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.
150
Mid price
629.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
751.85
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-17.04
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
107
Top in this sector
Fund name1 Year
Baring Emerging Europe PLC40.6%
BlackRock Emg Eur Plc35.2%
...more in IT European Emerging Markets

Performance snapshot

Holdings snapshot

  • Russia59.7%
    Turkey16.2%
    Poland14.2%
    Others9.1%
    Romania3.8%
  • Financials35%
    Energy20.4%
    Consumer Discretionary11.8%
    Consumer Staples10.7%
    Materials9.7%
  • Russian Equities59.7%
    Turkish Equities16.2%
    Polish Equities14.2%
    International Equities9.1%
    European Emerging Equities3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%5.1%23.2%40.6%-6%10.6%
Sector0.6%6.7%23%37.8%-1.4%13%
Rank within sector2 / 22 / 21 / 21 / 22 / 22 / 2
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund37.7%0.9%-32.8%2.2%20.7%
Sector38.6%1.6%-29.6%3.3%14.8%
Rank within sector2 / 22 / 22 / 22 / 21 / 2
Quartile
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.
-1.59
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.
0.98
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%.
20.01
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.
5.47
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.
-0.31
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.
0.93
Price movement
52 week high648.5
52 week low397.5
Current bid price622
Current offer price637
Current mid price629.5
Region
1Russia59.7%
2Turkey16.2%
3Poland14.2%
4Others9.1%
5Romania3.8%
6USA3.3%
7Money Market-6.3%
Industry sector
1Financials35%
2Energy20.4%
3Consumer Discretionary11.8%
4Consumer Staples10.7%
5Materials9.7%
6Others5.7%
7Telecommunications Utilities5.1%
8Information Technology4.5%
9Real Estate3.4%
Asset type
1Russian Equities59.7%
2Turkish Equities16.2%
3Polish Equities14.2%
4International Equities9.1%
5European Emerging Equities3.8%
6US Equities3.3%
7Money Market-6.3%
Individual holdings
1SBERBANK OF RUSSIA11.6%
2LUKOIL OAO10.6%
3POWSZECHNY ZAKLAD UBEZPIECZEN SA6.5%
4TURKIYE HALK BANKASI A.S4.8%
5MAGNIT PJSC4%
6NOVATEK OAO4%
7TATNEFT PJSC3.1%
8DOGUS OTOMOTIV SERVIS VE TICARET3%
9PHOSAGRO PJSC3%
Management
Fund manager group
Baring
Fund manager company
Baring Asset Mgt
Fund type
Investment Trust
Fund objective
The investment objective of the Fund is to achieve long-term capital growth, principally through investment in Emerging European securities.
Benchmark
  • MSCI Emerging Europe 10/40
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Matthias Siller01/01/2009Matthias joined Barings in 2006 as a senior fund manager, and has 11 years' business experience. He is lead manager for Baring Emerging Europe Plc. He is co-manager for the Baring Russia Fund and back-up manager for the Baring Eastern Europe Fund. He began his career in fund management at Raiffeisen Zentralbank Austria in 1997 as a Market Maker/Proprietary Trader in Central & Eastern European Equities and Derivatives. He joined Bawag – PSK Invest as an EMEA Equity Portfolio Manager in 2001 and moved to Raiffeisen Capital Management in 2003, where he was a Portfolio Manager for Central & Eastern European Equities. Matthias has a degree from Vienna University in Economics & Business Administration. Matthias is a CFA charter holder and speaks fluent German and English.
Compliance
AIC Member, UCIS
Domicile
No data available.
Fund for sale in
United Kingdom
Baring Emerging Europe PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price758.52
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJEV
Data provided by

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