Fact sheet: FL M&G GblEmerMktsEP

Fund information
Fund name
FL M&G Global Emerging Markets EP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Matthew Vaightsince 05/02/2009
  • Alice de Charmoysince 01/03/2015
Underlying fund
M&G Global Emerging Mkts
Fund objective
M&G state that the aim of the fund is to maximise long-term total return by investing mainly in the securities of companies domiciled in or conducting the major part of their economic activity in emerging market countries. Exposure to these securities may be gained through the use of derivatives. The fund may invest across a wide range of geographies, sectors and market capitalisations. The fund may also invest in other assets including collective investment schemes, other transferable securities, cash and near cash, deposits, warrants, money market instruments and derivatives. The fund may use derivatives for the purposes of efficient portfolio management (including hedging) as well as for investment purposes.
Benchmark
  • MSCI Emerging Markets
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
31%
1 Year rank in sector
39/266
Sector
PN Global Emerging Markets
Yield
-
Fund size
£0m (£0m 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
Bid price
222.9
Offer price
222.9
Top in this sector
Fund name1 Year
OMW IPL IFDSHdsnRwFTSERAFIEMPn46.2%
AXA Wealth Aber LatAm Eq Pn43.6%
Zurich Jupiter Emg Eurp Opp Pn39.1%
LV= Jupiter Emg European Opps Pn38.4%
Canlife Jup Emg Eurpn Opps Pn37.3%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • Hong Kong & China21.5%
    Korea17.7%
    Taiwan15.5%
    Brazil11.1%
    South Africa7%
  • Information Technology29.3%
    Financials26.8%
    Energy9.1%
    Consumer Discretionary8.3%
    Utilities7.1%
  • Asia Pacific Equities21.5%
    South Korean Equities17.7%
    Taiwanese Equities15.5%
    Brazilian Equities11.1%
    South African Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%-0.1%21.3%31%13.8%26.7%
Sector-5.4%-1.6%17.8%24.8%18.7%24.7%
Rank within sector30 / 27445 / 27375 / 27039 / 266166 / 22874 / 188
Quartile1st1st2nd1st3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund32.4%-11.2%-3.3%-1.7%16.3%
Sector26.3%-8.5%3%-3.4%13.2%
Rank within sector51 / 267161 / 255192 / 22850 / 20948 / 188
Quartile1st3rd4th1st2nd
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.
-1.74
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.
1.09
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.
0.08
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%.
18.05
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.
4.39
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.
-0.32
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.
0.95
Price movement
52 week high246.3
52 week low150.5
Current bid price222.9
Current offer price222.9
Current mid price-
Region
1Hong Kong & China21.47%
2Korea17.69%
3Taiwan15.48%
4Brazil11.09%
5South Africa7%
6Russia4.84%
7India4.17%
8UK3.97%
9Turkey2.79%
Industry sector
1Information Technology29.28%
2Financials26.77%
3Energy9.06%
4Consumer Discretionary8.28%
5Utilities7.11%
6Consumer Staples6.35%
7Industrials5.12%
8Materials3.75%
9Telecommunications2.07%
Asset type
1Asia Pacific Equities21.47%
2South Korean Equities17.69%
3Taiwanese Equities15.48%
4Brazilian Equities11.09%
5South African Equities7%
6Russian Equities4.84%
7Indian Equities4.17%
8UK Equities3.97%
9Turkish Equities2.79%
Individual holdings
1TAIWAN SEMICONDUCTOR CO5%
2SAMSUNG ELECTRONICS CO4.9%
3BAIDU INC3.11%
4SHINHAN FINANCIAL GROUP2.98%
5COMPANHIA DE BEBIDAS DAS AMERICAS2.94%
6SK HYNIX INC2.51%
7DELTA ELECTRONICS INC2.28%
8BRADESCO2.2%
9HANA FINANCIAL GROUP INC2.19%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
M&G state that the aim of the fund is to maximise long-term total return by investing mainly in the securities of companies domiciled in or conducting the major part of their economic activity in emerging market countries. Exposure to these securities may be gained through the use of derivatives. The fund may invest across a wide range of geographies, sectors and market capitalisations. The fund may also invest in other assets including collective investment schemes, other transferable securities, cash and near cash, deposits, warrants, money market instruments and derivatives. The fund may use derivatives for the purposes of efficient portfolio management (including hedging) as well as for investment purposes.
Benchmark
  • MSCI Emerging Markets
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Matthew Vaight05/02/2009Matthew Vaight joined M&G’s UK equity desk in 1996. He is a member of the M&G Equities team and is manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund. Matthew graduated from Oxford University with a first class honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).
Alice de Charmoy01/03/2015Alice de Charmoy was appointed deputy fund manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund in March 2015, having spent nearly two years as a dedicated analyst for the funds. She joined M&G in June 2013 from Comgest in Hong Kong, where she was an analyst focusing on Asian companies. Prior to that, Alice worked for Amiral Gestion as a global equities analyst. She graduated in 2005 from Université Paris Dauphine with a Masters degree in banking and finance. Alice is also a CFA charterholder.
Compliance
Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FL M&G Global Emerging Markets EP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price222.9
Offer price222.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLLU1
FL M&G Global Emerging Markets EP S3
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price222.9
Offer price222.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLLU2
Data provided by

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