Fact sheet: Comgest Gth Gem Promsg Co

Fund information
Fund name
Comgest Growth Gem Promising Companies R Acc EUR
Fund manager company
Comgest SA
Fund type
OEIC
Fund managers
  • Galina Besedinasince 01/01/2013
  • Caroline Maessince 01/01/2016
  • Juliette Alvessince 01/01/2016
  • Wojciech Stanislawskisince 01/03/2014
Fund objective
The investment objective of GEM Promising Companies is to achieve capital appreciation by creating a professionally managed portfolio consisting primarily of what, in the opinion of the Investment Manager, are high quality long-term growth promising companies based or operating in Global Emerging Markets. Promising companies are companies that, in the opinion of the Investment Manager, are seeking to: · rapidly gain market share and accordingly grow in size; and · deliver fast earnings growth.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
5.9%
1 Year rank in sector
191/258
Sector
FO Equity - Emerging Markets
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.
2.14%
Fund size
£352m (£266m 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.
114
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HSBC GIFEconScaleIxGEMEq42.2%
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...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China23.9%
    India12.6%
    Russia9.8%
    Mexico8%
    South Africa7.9%
  • Consumer Discretionary29.1%
    Consumer Staples14.9%
    Financials13.2%
    Information Technology12.5%
    Health Care9.8%
  • Chinese Equities23.9%
    Indian Equities12.6%
    Russian Equities9.8%
    Mexican Equities8%
    South African Equities7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-3.6%4.9%5.9%21.6%-
Sector-2.6%-4%5.4%9.2%-6.3%3.1%
Rank within sector74 / 263103 / 267115 / 263191 / 25823 / 210-
Quartile2nd2nd2nd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.4%1.1%12.3%2.6%-
Sector10.6%-14.3%-1.4%-0.7%14.2%
Rank within sector194 / 2587 / 24115 / 21550 / 190-
Quartile4th1st1st2nd
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.
9.1
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.
0.82
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.
0.22
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%.
13.86
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.
8.54
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.
1.11
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 high14.5
52 week low11.04
Current bid price-
Current offer price-
Current mid price13.74
Region
1China23.91%
2India12.55%
3Russia9.78%
4Mexico7.97%
5South Africa7.87%
6Brazil6.9%
7Korea5.18%
8UK4.19%
9Malaysia3.53%
Industry sector
1Consumer Discretionary29.06%
2Consumer Staples14.93%
3Financials13.24%
4Information Technology12.47%
5Health Care9.77%
6Industrials9.54%
7Telecommunications Utilities5.85%
8Energy2.99%
9Utilities2.15%
Asset type
1Chinese Equities23.91%
2Indian Equities12.55%
3Russian Equities9.78%
4Mexican Equities7.97%
5South African Equities7.87%
6Brazilian Equities6.9%
7South Korean Equities5.18%
8UK Equities4.19%
9Malaysian Equities3.53%
Individual holdings
1DISCOVERY LTD4.99%
2LENTA LTD4.6%
3INNER MONGOLIA YILI INDUSTRIAL GROUP CO., LTD. CLASS A4.32%
4VIPSHOP HLDGS LTD3.85%
5ZHENGZHOU YUTONG BUS CO LTD3.79%
Management
Fund manager group
Comgest
Fund manager company
Comgest SA
Fund type
OEIC
Fund objective
The investment objective of GEM Promising Companies is to achieve capital appreciation by creating a professionally managed portfolio consisting primarily of what, in the opinion of the Investment Manager, are high quality long-term growth promising companies based or operating in Global Emerging Markets. Promising companies are companies that, in the opinion of the Investment Manager, are seeking to: · rapidly gain market share and accordingly grow in size; and · deliver fast earnings growth.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Galina Besedina01/01/2013Galina Besedina joined Comgest in 2008 and is an Analyst and Portfolio Manager specialising in Global Emerging Markets equities, particularly the markets of Central and Eastern Europe, Middle East and Africa. She co-leads the GEM Promising Companies strategy - a small and mid-cap portfolio dedicated to investing in early growth stage emerging market franchises. Galina also manages a number of Global Emerging Markets segregated mandates. She started her career in Russia in 2005, working on the strategic development project for Sheremetyevo Airport before becoming a Financial Analyst of the project management division at NPO Lavotchkin (Russian Space Agency). After moving to France she worked as a Russian equity research Analyst at AXA Investment Managers. Galina holds a Bachelor’s degree in World Economics from the Russian State University of Trade and Economics and a Master’s degree in International Business from the Grenoble Graduate School of Business in France.
Caroline Maes01/01/2016Caroline Maes joined Comgest’s Singapore office in 2012 before moving to Paris in 2015 where she is a Portfolio Manager and Analyst specialising in Global Emerging Markets and Asian equities. Caroline has over 10 years of investment experience and contributes to the GEM Promising Companies and Asia including Japan strategies. She started her career in 2003 as a Research Associate at Alliance Bernstein in New York before moving to the IPO department of UOB Kay Hian in Singapore in 2006. Caroline then joined CLSA in Singapore where she held the role of equity research Analyst for more than five years and won the Business Times - Starmine award for her stock recommendations. She graduated with a Bachelor’s degree in Quantitative Economics and International Relations from Tufts University in the USA.
Juliette Alves01/01/2016Juliette Alves joined Comgest in 2010 and is a Portfolio Manager and Analyst specialising in Global Emerging Markets equities, notably the Latin America region. Juliette co-leads the Latin America and GEM Promising Companies strategies as well as a number of Global Emerging Markets segregated mandates. Juliette started her career in 2005 at Credit Agricole CIB’s representative office in Mexico before joining the company’s Latin America team in New York in 2007 where she worked as a Credit Analyst. In 2009 she transferred to Crédit Agricole CIB’s Paris office. A Portuguese and French national, Juliette graduated from the NEOMA Business School in France with a Master’s degree in Corporate Finance and is a CFA® charterholder.
Wojciech Stanislawski01/03/2014Wojciech Stanislawski joined Comgest in 1999 as a member of Comgest’s Global Emerging Markets team and is today also a member of the Group’s Investment Executive and Management Committees. In 2000 he was named as co-lead Portfolio Manager of Comgest’s flagship Global Emerging Markets fundand today also co-leads a number of other strategies. In 2013 Wojciech was named Team Manager of the firm’s Global Emerging Markets equity investment team, responsible for the daily supervision and management of the Portfolio Managers and Analysts. He also maintains responsibility for a number of Global Emerging Markets segregated mandates. Wojciech graduated from the Panthéon-Assas University in Paris with a joint Master’s Degree in Business and Financial Management.
Compliance
Transparent for Austrian Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Sweden
Comgest Growth Gem Promising Companies Acc EUR
Initial charge4%
Annual charge1.5%
Min single investment£50
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.26
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMI9
Comgest Growth Gem Promising Companies Dis EUR
Initial charge4%
Annual charge1.5%
Min single investment£50
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.05
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBMJ0
Comgest Growth Gem Promising Companies I Acc EUR
Initial charge-
Annual charge1%
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.05
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJT5J
Comgest Growth Gem Promising Companies I Acc USD
Initial charge-
Annual charge1%
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.75
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGNCB
Comgest Growth Gem Promising Companies R Acc EUR
Initial charge2%
Annual charge2%
Min single investment£10
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.74
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWTY
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