Fact sheet: Baring Gbl Resources

Fund information
Fund name
Baring Global Resources Fund I NAV GBP
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
Unit Trust
Fund managers
  • Duncan Goodwinsince 01/02/2014
Fund objective
The investment objective of the fund is to achieve long-term capital appreciation through investment in a diversified portfolio of the securities of commodity producers, being companies engaged in the extraction, production, processing and/or trading of commodities such as oil, gold, aluminium, coffee and sugar.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
29.7%
1 Year rank in sector
26/100
Sector
FO Commodity & Energy
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.
1.27%
Fund size
£378m (£415m 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
EGI Earth Gold131.2%
LLB Craton Cap Precious Metal104.5%
Investec Global Gold94.5%
LO Wld Gld Expts90.3%
Franklin Gold&Prec Met87.6%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • USA47.1%
    UK12.8%
    Others12.4%
    Canada8.8%
    France6.1%
  • Energy45.5%
    Chemicals28.1%
    Mineral Extraction6.7%
    Foods4.8%
    Capital Goods4.7%
  • Commodity & Energy99.3%
    Cash & Cash Equivalents0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%8.9%16.5%29.7%0.2%-12%
Sector-1.3%3.5%13.5%16.9%-13.8%-19.5%
Rank within sector55 / 10121 / 10227 / 10326 / 10030 / 9030 / 75
Quartile3rd1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund23%-15.4%-4.7%-5.9%-4.3%
Sector19.5%-19.8%-9%-6.6%-3.4%
Rank within sector28 / 10035 / 10132 / 9147 / 8650 / 77
Quartile2nd2nd2nd3rd3rd
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.
6.9
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.
0.93
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%.
15.31
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.
7.89
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.
0.9
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.
0.74
Price movement
52 week high13.56
52 week low9.68
Current bid price-
Current offer price-
Current mid price13.16
Region
1USA47.07%
2UK12.81%
3Others12.41%
4Canada8.84%
5France6.06%
6Germany4.47%
7Australia4.07%
8Netherlands3.57%
9Money Market0.7%
Industry sector
1Energy45.5%
2Chemicals28.1%
3Mineral Extraction6.7%
4Foods4.8%
5Capital Goods4.7%
6Paper - Packaging & Printing4.2%
7Building & Construction2.8%
8Precious Metals & Stones2.5%
9Money Market0.7%
Asset type
1Commodity & Energy99.3%
2Cash & Cash Equivalents0.7%
Individual holdings
1TOTAL SA5%
2SUNCOR ENERGY INC(NEW)4.8%
3SCHLUMBERGER4.6%
4HALLIBURTON CO4.3%
5EOG RESOURCES INC4%
6PRAXAIR INC3.9%
7RIO TINTO3.9%
8ALBEMARLE CORP3.8%
9VOPAK3.6%
Management
Fund manager group
Baring
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
Unit Trust
Fund objective
The investment objective of the fund is to achieve long-term capital appreciation through investment in a diversified portfolio of the securities of commodity producers, being companies engaged in the extraction, production, processing and/or trading of commodities such as oil, gold, aluminium, coffee and sugar.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Duncan Goodwin01/02/2014Duncan Goodwin was born in Hatfield, Herts in 1972. He attended the University of Nottingham where he obtained a degree in Economics. Duncan is a Chartered Management Accountant and is a member of the Chartered Institute of Management Accountants. He started his career with Shell International in 1994 and joined Lehman Brothers in 1998 as an Associate and Analyst. In 2000 he joined Citigroup in equity research and was a vice president before moving to Merrill Lynch Europe in 2002 as a Director and Senior analyst for European oil companies. He joined Martin Currie in 2005 as a fund manager in the global resources team, as well as taking responsibility for researching and recommending stocks in the energy sector. Duncan joined Barings in 2014 where he runs the Baring Global Resources Fund. Outside of work, Duncan enjoys golf, tennis and football.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Hong Kong, Ireland, Luxembourg, Macau, Offshore, Singapore, Sweden
Baring Global Resources Fund A NAV GBP
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price12.93
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHXC3
Baring Global Resources Fund I Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.21
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE45T
Baring Global Resources Fund I NAV GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.16
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0UV
Baring Global Resources Fund NAV EUR
Initial charge5%
Annual charge1.5%
Min single investment£3,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price15.01
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW536
Baring Global Resources Fund NAV USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price16.83
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW537
Data provided by

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