Fact sheet: First State Global Resources

Fund information
Fund name
First State Global Resources IV Acc USD
Fund manager company
First State Investments (Hong
Fund type
No data available.
Fund managers
  • Joanne Warnersince 12/02/2007
  • Tal Lomnitzersince 30/06/2016
Fund objective
The Fund aims to grow your investment. The Fund mainly invests in shares of companies around the world that are involved in natural resources and the energy industries.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
50%
1 Year rank in sector
11/98
Sector
FO Commodity & Energy
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.
2.02%
Fund size
£144m (£62m 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.
186
Top in this sector
Fund name1 Year
EGI Earth Gold107.3%
LLB Craton Cap Precious Metal92%
LLB Craton Capital Gbl Res88.7%
Baring Global Mining79.5%
SIA Long Term Invest Nat Res68.1%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • Canada39.1%
    Australia20.4%
    USA16.7%
    UK13.4%
    Money Market2.2%
  • Mineral Extraction29.4%
    Gold18.9%
    Oil & Gas - Integrated14.2%
    Precious Metals & Stones9.1%
    Other Metals7.4%
  • Commodity & Energy97.8%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.4%5.3%14.3%50%-14.9%-37.4%
Sector3.8%0.3%4.1%22.1%-8.8%-20.6%
Rank within sector35 / 9934 / 10116 / 10111 / 9857 / 9051 / 75
Quartile2nd2nd1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund46.6%-35.2%-13.2%-12.8%-5.8%
Sector23.1%-19.8%-9%-6.6%-3.4%
Rank within sector13 / 9992 / 9957 / 9063 / 8453 / 75
Quartile1st4th3rd3rd3rd
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.
1.02
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.
1.73
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%.
26.17
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.
13.66
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.
-0.26
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.
0.88
Price movement
52 week high5.19
52 week low2.95
Current bid price-
Current offer price-
Current mid price5.19
Region
1Canada39.1%
2Australia20.4%
3USA16.7%
4UK13.4%
5Money Market2.2%
6Korea2%
7Peru1.6%
8Sweden1.4%
9China1%
Industry sector
1Mineral Extraction29.4%
2Gold18.9%
3Oil & Gas - Integrated14.2%
4Precious Metals & Stones9.1%
5Other Metals7.4%
6Oil & Gas Exploration & Production6.6%
7Oil & Gas Equipment & Services5.5%
8Coal3.4%
9Others3.3%
Asset type
1Commodity & Energy97.8%
2Money Market2.2%
Individual holdings
1BHP BILLITON PLC7.7%
2EXXON MOBIL CORP7.2%
3RIO TINTO6%
4GLENCORE PLC4.6%
5FRANCO NEVADA CORP3.3%
6CHEVRON CORP3.2%
7GOLDCORP INC2.9%
8SUNCOR ENERGY INC(NEW)2.7%
9ENBRIDGE INC2.4%
Management
Fund manager group
First State Investments
Fund manager company
First State Investments (Hong
Fund type
No data available.
Fund objective
The Fund aims to grow your investment. The Fund mainly invests in shares of companies around the world that are involved in natural resources and the energy industries.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Joanne Warner12/02/2007Dr Joanne Warner joined First State Investments as a portfolio manager in August 1997 and became Head of Global Resources in June 2010. Joanne has been primary Portfolio Manager for the First State Global Resources Fund since 2006 as well as all publicly offered Global Resources long funds in Australia, Singapore and Hong Kong.Joanne has more than 13 years’ experience as a specialist Global Resources portfolio manager and analyst. She moved into the financial sector with the London based global mining specialist broker, T Hoare & Co, where she spent two years as an analyst before moving to Equitilink as a Fund Manager in the resources sector.Joanne holds a Bachelor of Applied Science (Applied Chemistry) from the University of Technology, Sydney, where she won the University Medal. She was awarded a Commonwealth Scholarship to study at the University of Oxford where she was awarded a PhD in Solid State Chemistry. In November 2007, she won the Outstanding Achievement Award for Mining Funds Management at the annual Mines and Money Conference, sponsored by the Mining Journal in London.
Tal Lomnitzer30/06/2016
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Ireland, Offshore, Singapore
First State Global Resources I Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price8.35
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ872
First State Global Resources III Acc USD
Initial charge7%
Annual charge0.85%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.38
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ871
First State Global Resources IV Acc USD
Initial charge5%
Annual charge1.75%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.19
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04D0
Data provided by

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