Fact sheet: CGS FMS Gbl Evl EM Debt & FX

Fund information
Fund name
CGS FMS Global Evolution EM Debt and FX R
Fund manager company
Global Evolution Manco
Fund type
Offshore Fund
Fund manager
  • Global Evolutionsince 31/01/2011
Fund objective
The objective is to achieve capital appreciation through well diversified investments in emerging and frontier market debt and FX with an absolute focus and active risk overlay.
Benchmark
  • EURIBOR 3 Months + 200 bp
Investment style
Macro
Investment method
Money Market
Quick stats
1 Year return
10.9%
1 Year rank in sector
1/8
Sector
FO Hedge/Stru Prod - Currency
Yield
-
Fund size
£30m (£37m 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.
85
Top in this sector
Fund name1 Year
CGS FMS Gbl Evl EM Debt & FX10.9%
Principal GIF GblTmDivAbRt8.9%
Boost Long $ Short EUR 4x Dly ETP2.9%
Boost Long $ Short EUR 5x Dly ETP1.8%
Amundi Abst Mac For0.8%
...more in FO Hedge/Stru Prod - Currency

Performance snapshot

Holdings snapshot

  • Others23.1%
    Money Market15.8%
    Turkey9.7%
    South Africa9.3%
    Brazil8.4%
  • Government Bonds84.7%
    Money Market15.8%
    Derivatives0.3%
    Others-0.3%
    Options-0.5%
  • Global Fixed Interest84.7%
    Money Market15.8%
    Alternative Investment Strategies0.3%
    Others-0.3%
    Options-0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%0.1%3.1%10.9%--
Sector0.1%-0.2%0.4%1.9%3.6%-4.3%
Rank within sector3 / 74 / 91 / 91 / 8--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11.8%-6.2%---
Sector1.1%0.4%2.2%-6.5%-1.6%
Rank within sector1 / 87 / 7---
Quartile1st4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high108.69
52 week low93.61
Current bid price108.07
Current offer price108.07
Current mid price-
Region
1Others23.11%
2Money Market15.81%
3Turkey9.74%
4South Africa9.27%
5Brazil8.38%
6Russia7.57%
7Colombia7.16%
8Mexico5.31%
9Indonesia4.89%
Industry sector
1Government Bonds84.72%
2Money Market15.81%
3Derivatives0.31%
4Others-0.32%
5Options-0.52%
Asset type
1Global Fixed Interest84.72%
2Money Market15.81%
3Alternative Investment Strategies0.31%
4Others-0.32%
5Options-0.52%
Individual holdings
1SOUTH AFRICA(REPUBLIC OF) 10.5% BDS 21/12/2026 ZAR1(186)6.57%
2TURKEY(REPUBLIC OF) 2% BDS 16/04/25 TRY10005.46%
3COLOMBIA(REPUBLIC OF) 6% BDS 28/04/28 COP10005.07%
4DOMINIKANISCHE REPUBLIK DP/DL-GLBL DEP.NTS 15(22)REG.S4.39%
5SRI LANKA. REPUBLIK DL-BONDS 2015(25) REG.S4.37%
6TURKEY(REPUBLIC OF) 10.6% BDS 11/02/26 TRY10004.28%
7GHANA(REPUBLIC OF) 8.125% NTS 18/01/26 USD200000REG S4.14%
8BRAZIL(FEDERATIVE REPUBLIC OF) 20234.11%
9MEXIKO MN-BONOS 2008(17)3.77%
Management
Fund manager group
No data available.
Fund manager company
Global Evolution Manco
Fund type
Offshore Fund
Fund objective
The objective is to achieve capital appreciation through well diversified investments in emerging and frontier market debt and FX with an absolute focus and active risk overlay.
Benchmark
  • EURIBOR 3 Months + 200 bp
Investment style
Macro
Investment method
Money Market
Fund manager
NameSinceBiography
Global Evolution31/01/2011Global Evolution Fondsmaeglerselskab A/S ist eine unabhängige und auf Emerging- und Frontier Markets spezialisierte Investmentboutique. Bekannt für seinen innovativen Investmentansatz in Emerging und Frontier Markets, wird Global Evolution heute als anerkannter Experte und einer der Pioniere in diesen Marktsegmenten angesehen. Global Evolution ist eine unabhängige und spezialisierte Investmentboutique, mehrheitlich im Besitz der Firmenmitarbeiter.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, United Kingdom, Italy, Luxembourg, Offshore, Singapore, Sweden
CGS FMS Global Evolution EM Debt and FX I
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.73%
Bid price1097.98
Offer price1103.48
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM5J
CGS FMS Global Evolution EM Debt and FX R
Initial charge5%
Annual charge1.5%
Min single investment£50
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price108.07
Offer price108.07
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM5K
Data provided by

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