Fact sheet: FL Hend Emg Mkt Opps EP

Fund information
Fund name
FL Henderson Emerging Markets Opportunities EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Glen Finegansince 01/02/2015
  • Stephen Deanesince 30/09/2016
Underlying fund
Henderson Emg Mkts Opps
Fund objective
Henderson state that the objective of the fund is to achieve a long-term return that is above the average return expected from a investment in emerging market shares. The policy, under normal circumstances, is to invest mainly in shares of companies in emerging markets in any industry. The fund may also invest in any other type of security that is consistent with its objective such as collective Investment schemes, money market instruments and bank deposits. In choosing investments, the investment manager looks for shares of companies that appear to have greater potential to rise in price over the long term based on analysis of changes in the business environment.
Benchmark
  • MSCI Emerging Markets
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
27.2%
1 Year rank in sector
168/260
Sector
PN Global Emerging Markets
Yield
-
Fund size
£3m (£3m 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.
124
Bid price
394.6
Offer price
394.6
Top in this sector
Fund name1 Year
FL Jupiter India EP47.2%
Zurich Jupiter India Pn47%
AXA Wealth Jupiter India Pn46.5%
LV= Jupiter India Pn46.3%
RLP Jupiter India Pn46%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • India12.2%
    Brazil11.6%
    Chile11.4%
    South Africa11.1%
    Taiwan10.7%
  • Foods15.2%
    Banks12.3%
    Beverages6.2%
    Money Market5.8%
    Conglomerates4.8%
  • Indian Equities12.2%
    Brazilian Equities11.6%
    Chilean Equities11.4%
    South African Equities11.1%
    Taiwanese Equities10.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.1%5.7%2.4%27.2%44.3%39.6%
Sector-3.5%3.7%1%27.5%35.9%33.6%
Rank within sector64 / 26851 / 26852 / 265168 / 26039 / 22049 / 187
Quartile1st1st1st3rd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund8.8%31.3%-6.7%4.2%-3.3%
Sector6.8%31.9%-8.5%3%-3.4%
Rank within sector55 / 268159 / 25784 / 24599 / 21872 / 200
Quartile1st3rd2nd2nd2nd
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.
3.21
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.
0.87
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.
0.73
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%.
14.37
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.
4.92
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.
0.35
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.
0.9
Price movement
52 week high408.2
52 week low288.6
Current bid price394.6
Current offer price394.6
Current mid price-
Region
1India12.17%
2Brazil11.63%
3Chile11.36%
4South Africa11.06%
5Taiwan10.69%
6UK5.8%
7Money Market5.79%
8China5.42%
9Korea4.01%
Industry sector
1Foods15.2%
2Banks12.3%
3Beverages6.22%
4Money Market5.79%
5Conglomerates4.77%
6Consumer Goods4.55%
7Automotive4.49%
8Wireless & Mobile Communications4.31%
9Mineral Extraction3.98%
Asset type
1Indian Equities12.17%
2Brazilian Equities11.63%
3Chilean Equities11.36%
4South African Equities11.06%
5Taiwanese Equities10.69%
6UK Equities5.8%
7Money Market5.79%
8Chinese Equities5.42%
9South Korean Equities4.01%
Individual holdings
1TIGER BRANDS3.74%
2UNI-PRESIDENT ENTERPRISES CORP3.34%
3STANDARD BANK GROUP3.33%
4COMPANIA CERVECERIAS UNIDAS SA3.1%
5NEWCREST MINING3.04%
6DURATEX SA (NEW)2.96%
7HOUSING DEVELOPMENT FINANCE CORP2.8%
8HOUSING DEVELOPMENT FINANCE CORP2.8%
9STANDARD FOOD CORP2.7%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Henderson state that the objective of the fund is to achieve a long-term return that is above the average return expected from a investment in emerging market shares. The policy, under normal circumstances, is to invest mainly in shares of companies in emerging markets in any industry. The fund may also invest in any other type of security that is consistent with its objective such as collective Investment schemes, money market instruments and bank deposits. In choosing investments, the investment manager looks for shares of companies that appear to have greater potential to rise in price over the long term based on analysis of changes in the business environment.
Benchmark
  • MSCI Emerging Markets
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Glen Finegan01/02/2015Glen Finegan joined Henderson in 2015 as Head of Emerging Markets Equities. Most recently, Glen was a senior portfolio manager at First State Stewart (formerly First State Investments) covering global emerging market all capitalisation equity strategies. He managed US$3bn as lead manager and was co-lead managing US$10bn of assets. While at First State, Glen was based in Edinburgh between 2001 and 2011, and in October 2011 he relocated to Singapore. Before joining First State Stewart in 2001, Glen spent three years working as a geophysicist within the oil and gas industry. Glen has both an MSc in Oceanography and a BEng (Hons) in Civil Engineering from the University of Southampton.
Stephen Deane30/09/2016Stephen Deane joined Henderson in 2016 as a Portfolio Manager of Emerging Markets Equities. Prior to this, Stephen worked for Stewart Investors (formerly First State Investments) covering global equities. He started as an Investment Analyst before becoming co-manager on the team’s global funds with $3bn under management. Stephen also contributed research and investment ideas to the Asian and Emerging Markets teams which worked closely together. Before joining the investment industry, Stephen was Chief Technology Officer for Digital Barriers, where he worked on listing the company on AIM and making several acquisitions. He started his career with Accenture, where he became a senior manager working for clients primarily in the technology, media and telecommunications industry. Stephen has a Bachelor of Arts in Psychology from Trinity College, Dublin and an Executive MBA from INSEAD, Paris.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Henderson Emerging Markets Opportunities EP
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.42%
Bid price394.6
Offer price394.6
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWK28
FL Henderson Emerging Markets Opportunities EP S3
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.47%
Bid price193.4
Offer price193.4
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeW237
Data provided by

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