Fact sheet: Baring MENA

Fund information
Fund name
Baring MENA A Inc NAV GBP
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
OEIC
Fund manager
  • Ghadir Abu Leil-Coopersince 29/03/2010
Fund objective
The objective of the Fund is to achieve long-term capital growth in the value of assets by investing in the Middle East and North Africa (“MENA”).
Benchmark
  • MSCI Arabian Markets ex Saudi Arabia Total, Net Return
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.3%
1 Year rank in sector
1/14
Sector
FO Equity - MENA
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.
2.9%
Fund size
£6m (£10m 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.
119
Top in this sector
Fund name1 Year
Baring MENA8.3%
JB Mltsck Afr Fcs-0%
Charlemagne Magna MENA-2%
Schroder ISF Mid East-2.1%
T. Rowe Price MEast& Africa Eq-5.2%
...more in FO Equity - MENA

Performance snapshot

Holdings snapshot

  • United Arab Emirates33.3%
    Saudi Arabia16.6%
    Qatar12.3%
    Kuwait10.3%
    Turkey9.8%
  • Financials53.4%
    Consumer Staples12.6%
    Industrials9.8%
    Health Care7.5%
    Consumer Discretionary6.9%
  • Emirian Equities33.3%
    Saudi Arabian Equities16.6%
    Qatari Equities12.3%
    Kuwaiti Equities10.3%
    Turkish Equities9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%1.2%6.2%8.3%14.9%65.1%
Sector-1%0.6%2%-6.1%-0.7%28.5%
Rank within sector5 / 145 / 142 / 141 / 142 / 132 / 12
Quartile2nd2nd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund9.5%-13.7%19.6%24.8%16.7%
Sector-0.5%-15%12.2%20.2%14.2%
Rank within sector1 / 146 / 143 / 135 / 126 / 12
Quartile1st2nd1st2nd2nd
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.
4.61
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.
0.85
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.
0.14
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%.
14.78
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.
9.58
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.
0.42
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.
0.6
Price movement
52 week high14.04
52 week low10.6
Current bid price-
Current offer price-
Current mid price13.27
Region
1United Arab Emirates33.3%
2Saudi Arabia16.6%
3Qatar12.3%
4Kuwait10.3%
5Turkey9.8%
6Egypt6.9%
7Money Market5.5%
8UK4.9%
9Others0.4%
Industry sector
1Financials53.4%
2Consumer Staples12.6%
3Industrials9.8%
4Health Care7.5%
5Consumer Discretionary6.9%
6Cash & Cash Equivalents5.5%
7Others4.3%
Asset type
1Emirian Equities33.3%
2Saudi Arabian Equities16.6%
3Qatari Equities12.3%
4Kuwaiti Equities10.3%
5Turkish Equities9.8%
6Egyptian Equity6.9%
7Money Market5.5%
8UK Equities4.9%
9International Equities0.4%
Individual holdings
No data available.
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 in the value of assets by investing in the Middle East and North Africa (“MENA”).
Benchmark
  • MSCI Arabian Markets ex Saudi Arabia Total, Net Return
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Ghadir Abu Leil-Cooper29/03/2010Ghadir is Head of the EMEA & Global Frontier Markets Equity Team. She is the lead manager on the Baring Eastern Europe Fund and Baring MENA Fund and is the back-up manager for the Baring Frontier Markets Fund. Ghadir is also a member of the Best Ideas Panel for Global Emerging Markets. Having joined Baring Asset Management as part of the Global Emerging Equity Team in 1997, Ghadir was appointed a Director in 2001. Prior to joining our Emerging Equity Team, Ghadir worked at BZW Asset Management, where she was an investment analyst focusing on the Middle East, North Africa and Latin America regions. Ghadir has a BSc and a Ph.D in Theoretical Physics from Durham University and is fluent in Arabic.
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
Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Luxembourg, Offshore, Sweden
Baring MENA A Inc NAV GBP
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)2.54%
Bid price-
Offer price-
Mid price13.27
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIGM4
Baring MENA A NAV EUR
Initial charge5%
Annual charge1.5%
Min single investment£3,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.7
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIBE1
Baring MENA A NAV USD
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price12.29
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIBE0
Baring MENA I Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
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 codeIGM6
Baring MENA I Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.34
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIGM5
Baring MENA I NAV GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.24
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM43E
Data provided by

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