Fact sheet: Eastern European

Fund information
Fund name
Eastern European B Dis USD
Fund manager company
F&C IRL (BMO Global Asset Mana
Fund type
OEIC
Fund managers
  • Gareth Morgansince 30/04/2014
Fund objective
The investment objective of the Eastern European Fund is to achieve capital appreciation through investment in Eastern European markets. The Fund may invest in equity, equity related securities and instruments including convertible bonds and warrants as well as other transferable securities such as bonds issued by corporate and governmental issuers.
Benchmark
  • MSCI Emerging Markets Europe Free TR Net
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.3%
1 Year rank in sector
24/31
Sector
FO Equity - Emerging Europe
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.
1.48%
Fund size
£83m (£89m 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.
147
Top in this sector
Fund name1 Year
JGF-Jupiter New Europe47.9%
Baring Eastern Eur47.4%
Pictet Emerging Europe46.3%
Renasset Eastern European39.6%
Parvest Eq Russia38.9%
...more in FO Equity - Emerging Europe

Performance snapshot

Holdings snapshot

  • Russia37.9%
    Turkey19.8%
    Poland13.5%
    UK8.5%
    Czech Republic5.6%
  • Financials34.1%
    Consumer Staples28.5%
    Consumer Discretionary8%
    Industrials7%
    Energy5.1%
  • Russian Equities37.9%
    Turkish Equities19.8%
    Polish Equities13.5%
    UK Equities8.5%
    Czech Republic Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.4%-3.7%-0.8%12.3%-28.5%-18.2%
Sector5.6%4%8.9%15.8%-11.1%0.5%
Rank within sector24 / 3131 / 3130 / 3124 / 3127 / 3026 / 28
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund12.3%-11.3%-28.3%-2.4%22.3%
Sector17.6%-3.1%-22%-2.2%20%
Rank within sector25 / 3127 / 3023 / 3016 / 2916 / 28
Quartile4th4th4th3rd3rd
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.
-6.64
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.
1.05
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%.
19.31
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.
7.59
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.
-0.96
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.
0.85
Price movement
52 week high7.89
52 week low5.81
Current bid price-
Current offer price-
Current mid price7.58
Region
1Russia37.9%
2Turkey19.8%
3Poland13.5%
4UK8.5%
5Czech Republic5.6%
6Romania5.1%
7Portugal4.4%
8Greece3.4%
9Money Market1.8%
Industry sector
1Financials34.1%
2Consumer Staples28.5%
3Consumer Discretionary8%
4Industrials7%
5Energy5.1%
6Telecommunications Utilities4.9%
7Information Technology4.8%
8Materials3.1%
9Health Care2.7%
Asset type
1Russian Equities37.9%
2Turkish Equities19.8%
3Polish Equities13.5%
4UK Equities8.5%
5Czech Republic Equities5.6%
6European Emerging Equities5.1%
7Portuguese Equities4.4%
8Greek Equities3.4%
9Money Market1.8%
Individual holdings
1MAGNIT PJSC9.7%
2BIM BIRLESIK MAGAZALAR8.4%
3BGEO GROUP PLC5.8%
4MOSCOW EXCHANGE MICEX OJSC5.6%
5FONDUL PROPRIETATEA SA5.1%
6SBERBANK OF RUSSIA4.7%
7AMREST HLDGS N.V.4.6%
8TURKIYE SINAI KALKINMA BANKASI4.6%
9JERONIMO MARTINS SGPS4.4%
Management
Fund manager group
F&C
Fund manager company
F&C IRL (BMO Global Asset Mana
Fund type
OEIC
Fund objective
The investment objective of the Eastern European Fund is to achieve capital appreciation through investment in Eastern European markets. The Fund may invest in equity, equity related securities and instruments including convertible bonds and warrants as well as other transferable securities such as bonds issued by corporate and governmental issuers.
Benchmark
  • MSCI Emerging Markets Europe Free TR Net
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Gareth Morgan30/04/2014Gareth Morgan is a Fund Manager, Emerging Market Equities, focusing on Eastern Europe, Latin America and South Africa. He joined F&C in 2006. Prior to this, Gareth spent six years at Shell UK Pension Fund where he was responsible for the management of non-Asian emerging market assets. Prior to this he spent five years at Invesco Perpetual and started his career at Premium Life Assurance. He has a BSc in Business Finance and Economics from the University of East Anglia and is a member of the CFA Society of the UK.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCIS, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Malta, Netherlands, Norway, Offshore, Singapore, Sweden
Eastern European B Dis USD
Initial charge5%
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price7.58
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKPJX
Eastern European USD
Initial charge5%
Annual charge1.3%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price58.52
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTB78
Data provided by

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