Fact sheet: Baring Gbl Agriculture

Fund information
Fund name
Baring Global Agriculture I Acc GBP
Fund manager company
Baring Asset Management Limite
Fund type
OEIC
Fund managers
  • James Govansince 30/09/2013
Fund objective
The investment objective of the fund is to achieve long-term growth in the value of assets, predominantly by investing in companies where the majority of earnings are derived from activities related to any commodities which are grown or raised, commonly known as agriculture or soft commodities.
Benchmark
  • DAX Global Agribusiness Total Return Index in USD
Investment style
None
Investment method
Shares
Quick stats
1 Year return
24.7%
1 Year rank in sector
34/123
Sector
UT Specialist
Yield
0.8%
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.
0.97%
Fund size
£70m (£65m 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.
103
Mid price
200
Top in this sector
Fund name1 Year
MFM Junior Gold124.7%
WAY Charteris Gd Prcsml113.7%
CF Ruffer Gold87%
Smith & Williamson GblGld&Res82.3%
Investec Global Gold77.4%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • USA36.5%
    Canada15.7%
    Others12.5%
    Japan6.9%
    Switzerland5.6%
  • Chemicals27.4%
    Foods24.3%
    Machinery16.3%
    Distributors10.8%
    Plantation7.3%
  • Commodity & Energy98.7%
    Cash & Cash Equivalents1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.8%0.3%15.2%24.7%22.3%44.2%
Sector-3.7%0.1%10.5%17.2%14.5%27%
Rank within sector91 / 12457 / 12541 / 12534 / 12337 / 11435 / 91
Quartile3rd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund23%-8.8%7.5%8.4%11.3%
Sector18.6%-4.5%1.2%4.5%7.5%
Rank within sector39 / 12495 / 11932 / 11544 / 10542 / 91
Quartile2nd4th2nd2nd2nd
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.
2.51
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.
1.05
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.
0.4
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%.
13.45
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.
8.82
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.
0.27
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.
0.57
Price movement
52 week high212.2
52 week low153
Current bid price-
Current offer price-
Current mid price200
Region
1USA36.5%
2Canada15.7%
3Others12.5%
4Japan6.9%
5Switzerland5.6%
6Ireland5.5%
7UK4.7%
8Singapore4.5%
9Brazil3.6%
Industry sector
1Chemicals27.4%
2Foods24.3%
3Machinery16.3%
4Distributors10.8%
5Plantation7.3%
6Forest Products6.3%
7Soft Commodities4.5%
8Others1.8%
9Cash & Cash Equivalents1.3%
Asset type
1Commodity & Energy98.7%
2Cash & Cash Equivalents1.3%
Individual holdings
1TYSON FOODS INC(DEL)8.6%
2MONSANTO CO7.4%
3KUBOTA CORP6.9%
4POTASH CORP OF SASKATCHEWAN INC5.8%
5SYNGENTA AG5.6%
6DEERE & CO5.2%
7TATE & LYLE PLC4.7%
8PILGRIMS PRIDE CORP NEW4%
9AGT FOOD & INGRIDIENTS INC3.3%
Management
Fund manager group
Baring
Fund manager company
Baring Asset Management Limite
Fund type
OEIC
Fund objective
The investment objective of the fund is to achieve long-term growth in the value of assets, predominantly by investing in companies where the majority of earnings are derived from activities related to any commodities which are grown or raised, commonly known as agriculture or soft commodities.
Benchmark
  • DAX Global Agribusiness Total Return Index in USD
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
James Govan30/09/2013James joined Baring Asset Management as an investment analyst on the Global Resources Fund in 2008 and was promoted to Investment Manager in 2010. Prior to Barings, James worked as an Assistant Fund Manager on a UK equity long/short hedge fund at BC Asset Management between June 2002 and January 2008. James holds a BSc in Banking and International Finance from Cass Business School, City University, London. He was awarded the Investment Management Certificate in 2002 and the CFA designation in 2006.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Hong Kong
Baring Global Agriculture A Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price2.257
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDWW7
Baring Global Agriculture A Acc GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price189.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDWW6
Baring Global Agriculture A Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price2.404
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDWW8
Baring Global Agriculture A GBP EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2.0685
CurrencyEUR
Price updated29/03/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTVD
Baring Global Agriculture A USD EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2.0685
CurrencyEUR
Price updated29/03/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTVC
Baring Global Agriculture I Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDWX0
Baring Global Agriculture I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price200
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDWW9
Baring Global Agriculture I Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2.517
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDWX1
Baring Global Agriculture I GBP EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2.1716
CurrencyEUR
Price updated29/03/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTVE
Baring Global Agriculture X Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price217
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDWX2
Data provided by

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