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 01/04/1998
  • Carnegie Asset Managementsince 01/04/1998
Fund objective
The Carnegie East European fund aims to achieve long-term capital growth from a diversified portfolio of securities, mostly quoted equities of Central and East European companies, including those of the former Soviet Union. The fund may also invest in equities of companies, which have significant business exposure to these markets. The portfolio contains between 20-30 high conviction stock picks.
Benchmark
  • MSCI Eastern Europe
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
23.3%
1 Year rank in sector
74/258
Sector
FO Equity - Emerging Markets
Yield
-
Fund size
£10m
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.
139
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq53.5%
Wells Fargo WW Emg Mkts Eq49.5%
Templeton BRIC49%
T. Rowe Price EmgMktsEq48.2%
JOHCM Emerging Markets45.6%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Hong Kong & China32%
    Far East26.7%
    Asia Pacific20.5%
    Latin America10.1%
    Middle East/ Africa5.9%
  • Financials36.5%
    Information Technology27.6%
    Consumer Discretionary16.8%
    Industrials5.9%
    Consumer Staples3.8%
  • Asia Pacific Equities79.2%
    American Emerging Equities10.1%
    Middle East & African Equities5.9%
    European Equities4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%11.5%15.3%23.3%-33.2%-25.4%
Sector1.8%10%13.5%16.1%-2%12.6%
Rank within sector167 / 264121 / 26493 / 26074 / 258202 / 207153 / 157
Quartile3rd2nd2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund13.9%-3.9%-39.7%-2.7%21.5%
Sector14.5%-14.3%-1.4%-0.7%14.2%
Rank within sector148 / 25933 / 243218 / 218110 / 19236 / 163
Quartile3rd1st4th3rd1st
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.
-10.55
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.
-0.03
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%.
23.37
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.
14.16
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.
-0.81
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.
0.68
Price movement
52 week high29.22
52 week low21.58
Current bid price-
Current offer price-
Current mid price28.65
Region
1Hong Kong & China32%
2Far East26.7%
3Asia Pacific20.5%
4Latin America10.1%
5Middle East/ Africa5.9%
6Europe4.8%
Industry sector
1Financials36.5%
2Information Technology27.6%
3Consumer Discretionary16.8%
4Industrials5.9%
5Consumer Staples3.8%
6Utilities3.8%
7Materials2.4%
8Telecommunications Utilities2%
9Health Care0.7%
Asset type
1Asia Pacific Equities79.2%
2American Emerging Equities10.1%
3Middle East & African Equities5.9%
4European Equities4.8%
Individual holdings
1SAMSUNG ELECTRONICS CO4.6%
2TAIWAN SEMICONDUCTOR MANUFACTURING4.6%
3SUNNY OPTICAL TECHNOLOGY GROUP4.2%
4HDFC BANK LTD4.1%
5TENCENT HLDGS LIMITED4.1%
6ALIBABA.COM LTD3.8%
7NASPERS3.4%
8ITAU UNIBANCO HLDG SA3%
9CHINA OVERSEAS LAND & INVESTMNTS2.8%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
The Carnegie East European fund aims to achieve long-term capital growth from a diversified portfolio of securities, mostly quoted equities of Central and East European companies, including those of the former Soviet Union. The fund may also invest in equities of companies, which have significant business exposure to these markets. The portfolio contains between 20-30 high conviction stock picks.
Benchmark
  • MSCI Eastern Europe
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Morten Springborg01/04/1998Morten 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 Management01/04/1998
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 charge2.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price25.55
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH942
Carnegie Worldwide Emerging Markets Equities 1A SEK
Initial charge5%
Annual charge2.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price245.94
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH943
Carnegie Worldwide Emerging Markets Equities 1A USD
Initial charge5%
Annual charge2.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price28.65
CurrencyUSD
Price updated29/09/2016
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 price296.65
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH941
Data provided by

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