Fact sheet: Carnegie WrldEmrgMrktsEqts

Fund information
Fund name
Carnegie Worldwide Emerging Markets Equities 1A USD
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund managers
  • Morten Springborgsince 31/03/1998
  • Carnegie Asset Managementsince 31/03/1998
Fund objective
The Carnegie Worldwide Emerging Markets fund aims to achieve long­term capital growth from a portfolio of companies that are primarily either incorporated or have their principal activities in emerging markets. Emerging markets are countries that are transforming from developing economies into industrialised economies. Hong Kong and Singapore both figure in this group. Geographically, emerging markets are typically to be found in Asia, Latin America, Africa and Eastern Europe.
Benchmark
  • MSCI Eastern Europe
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
20.6%
1 Year rank in sector
177/256
Sector
FO Equity - Emerging Markets
Yield
-
Fund size
£9m
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.
146
Top in this sector
Fund name1 Year
LYXOR Pan Africa UCITS ETF68.9%
Pimco RAEFdmntl+EmgMkt65.6%
GAM Star Nth of Sth EM Eq64.5%
Charlemagne Magna New Frontrs63.8%
HSBC GIFEconScaleIxGEMEq63.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Hong Kong & China28.3%
    Far East25.2%
    Asia Pacific20.9%
    Latin America14.3%
    Middle East/ Africa5.8%
  • Financials29.8%
    Information Technology28.8%
    Consumer Discretionary15.8%
    Real Estate8.6%
    Industrials6.4%
  • Asia Pacific Equities74.4%
    American Emerging Equities14.3%
    Middle East & African Equities5.8%
    European Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5%-4.5%-0.8%20.6%-36.8%-29.7%
Sector3.7%-0.3%4%25%-2%5.1%
Rank within sector74 / 263237 / 269217 / 266177 / 256205 / 208157 / 158
Quartile2nd4th4th3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund4%2.4%-3.9%-39.7%-2.7%
Sector3.2%10.7%-14.3%-1.4%-0.7%
Rank within sector82 / 263218 / 25630 / 233208 / 208107 / 183
Quartile2nd4th1st4th3rd
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.
-12.16
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.
1.36
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.
-0.04
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%.
22.86
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.
14.1
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.
-1
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.
0.66
Price movement
52 week high29.22
52 week low21.58
Current bid price-
Current offer price-
Current mid price26.8
Region
1Hong Kong & China28.3%
2Far East25.2%
3Asia Pacific20.9%
4Latin America14.3%
5Middle East/ Africa5.8%
6Europe5.5%
Industry sector
1Financials29.8%
2Information Technology28.8%
3Consumer Discretionary15.8%
4Real Estate8.6%
5Industrials6.4%
6Materials3.6%
7Utilities2.8%
8Consumer Staples2.6%
9Health Care1.6%
Asset type
1Asia Pacific Equities74.4%
2American Emerging Equities14.3%
3Middle East & African Equities5.8%
4European Equities5.5%
Individual holdings
1SAMSUNG ELECTRONICS CO6%
2TSMC ADR5.3%
3Tencent Holdings Ltd.5.1%
4ITAU UNIBANCO HLDG SA4.4%
5ALIBABA ADR4.2%
6HDFC Bank Ltd.4%
7SUNNY OPTICAL TECHNOLOGY GROUP3.4%
8China Overseas Land & Investment Ltd ORD3.3%
9BANCO DO BRASIL2.7%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
The Carnegie Worldwide Emerging Markets fund aims to achieve long­term capital growth from a portfolio of companies that are primarily either incorporated or have their principal activities in emerging markets. Emerging markets are countries that are transforming from developing economies into industrialised economies. Hong Kong and Singapore both figure in this group. Geographically, emerging markets are typically to be found in Asia, Latin America, Africa and Eastern Europe.
Benchmark
  • MSCI Eastern Europe
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Morten Springborg31/03/1998Morten Springborg, born 1964, holds an MA (Economics) degree from the University of Copenhagen and a master’s degree in Investment and Corporate finance from the University of Exeter. He is one of CAM’s international equities portfolio managers. Morten Springborg worked for four years as a portfolio manager with Danske Bank and ultimately held a position as Senior Portfolio Manager and Head of the International Clients group of Danske Capital Management. Most recently, Morten Springborg was with Alfred Berg Asset Management in Stockholm until 1999, in charge of pan-Nordic equity investment.
Carnegie Asset Management31/03/1998
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Finland, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden
Carnegie Worldwide Emerging Markets Equities 1A EUR
Initial charge5%
Annual charge1.9%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price25.26
CurrencyEUR
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH942
Carnegie Worldwide Emerging Markets Equities 1A SEK
Initial charge5%
Annual charge1.9%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price239.68
CurrencySEK
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH943
Carnegie Worldwide Emerging Markets Equities 1A USD
Initial charge5%
Annual charge1.9%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price26.8
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH944
Carnegie Worldwide Emerging Markets Equities 2A NOK
Initial charge3%
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price295.62
CurrencyNOK
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH941
Data provided by

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