Fact sheet: Baring Global Mining

Fund information
Fund name
Baring Global Mining A NAV GBP
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
OEIC
Fund manager
  • Clive Burstowsince 31/01/2012
Fund objective
The objective of the Fund is to achieve long-term capital growth primarily through investment in the equity and equity-related securities of mining and mining related companies.
Benchmark
  • Euromoney Global Mining
Investment style
None
Investment method
Shares
Quick stats
1 Year return
48.6%
1 Year rank in sector
13/101
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.
2.43%
Fund size
£9m (£11m 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.
182
Top in this sector
Fund name1 Year
EGI Earth Gold128.5%
LLB Craton Cap Precious Metal111.6%
Investec Global Gold102.2%
LO Wld Gld Expts98.7%
BlackRock GF Wrld Gld93.8%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • UK36.8%
    Canada27%
    Australia22.5%
    USA5.7%
    International4.2%
  • Precious Metals & Stones43.2%
    Mineral Extraction26.5%
    Other Metals25.3%
    Materials4%
    Cash & Cash Equivalents1%
  • Commodity & Energy99.4%
    Cash & Cash Equivalents0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%28.3%34.1%48.6%-9.2%-
Sector-1.6%3.7%12.2%16.1%-13%-19.6%
Rank within sector14 / 1022 / 10411 / 10413 / 10143 / 91-
Quartile1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund57.6%-32.1%-9.5%-24.4%-
Sector21.2%-19.8%-9%-6.6%-3.4%
Rank within sector14 / 10294 / 10245 / 9273 / 87-
Quartile1st4th2nd4th
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.
4.12
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.
1.48
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.
-0.02
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%.
25.58
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.
15.92
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.
0.67
Price movement
52 week high5.67
52 week low3.05
Current bid price-
Current offer price-
Current mid price5.48
Region
1UK36.8%
2Canada27%
3Australia22.5%
4USA5.7%
5International4.2%
6Sweden3.2%
7Money Market0.6%
Industry sector
1Precious Metals & Stones43.2%
2Mineral Extraction26.5%
3Other Metals25.3%
4Materials4%
5Cash & Cash Equivalents1%
Asset type
1Commodity & Energy99.4%
2Cash & Cash Equivalents0.6%
Individual holdings
1RIO TINTO PLC8%
2BHP BILLITON LTD6.4%
3GLENCORE PLC5.7%
4NEWMONT MINING CORP5.7%
5ACACIA MINING PLC4.4%
6LUNDIN MINING CORP4.2%
7AGNICO EAGLE MINES3.8%
8RANDGOLD RESOURCES3.8%
9SILVER WHEATON CORP3.8%
Management
Fund manager group
Baring
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
OEIC
Fund objective
The objective of the Fund is to achieve long-term capital growth primarily through investment in the equity and equity-related securities of mining and mining related companies.
Benchmark
  • Euromoney Global Mining
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Clive Burstow31/01/2012Clive Burstow, the investment manager in the Baring Global Resources Team and lead manager of the Baring Global Mining Fund believes he was destined to return to the investment manager where he had his first practical taste of fund management. In 2007 he joined Alliance Bernstein's EMEA (Europe, Middle East, and Africa) investment team to analyse materials companies and co-ordinate the gold and precious metals research teams. Joining Blackrock's mining team in 2010 meant immersing himself in research and analysis, and spending more time visiting company's mining projects and operations.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Baring Global Mining A NAV GBP
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.48
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0YA6
Baring Global Mining A NAV USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)2.43%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price4.59
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YA7
Baring Global Mining I GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.53
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0PE6
Baring Global Mining I USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.27
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0PE7
Baring Global Mining X NAV USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4.83
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YA8
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.