Fact sheet: First State Global Resources

Fund information
Fund name
First State Global Resources III 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
51.8%
1 Year rank in sector
-
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.
1.14%
Fund size
£161m (£53m 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.
189
Top in this sector
Fund name1 Year
LLB Craton Capital Gbl Res99.3%
EGI Earth Gold84.9%
SIA Long Term Invest Nat Res78.4%
LLB Craton Cap Precious Metal76.9%
Baker Steel Precious Metals75.3%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • Canada39.9%
    Australia18.9%
    UK12.5%
    USA12.2%
    Brazil4.8%
  • Mineral Extraction32.1%
    Gold16.9%
    Oil & Gas - Integrated8.7%
    Oil & Gas Exploration & Production7.7%
    Other Metals7.4%
  • Commodity & Energy96.4%
    Money Market3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%13.9%8.1%51.8%-15.2%-34.4%
Sector2.1%9.2%4.2%30.9%-10%-22.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund10.5%41.3%-34.6%-12.5%-12%
Sector4.9%23.1%-19.8%-9%-6.6%
Rank within sector-----
Quartile
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.
2.19
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.
-0.02
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%.
26.54
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.
13.97
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.
-0.1
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 high10.1
52 week low6.48
Current bid price-
Current offer price-
Current mid price9.9
Region
1Canada39.9%
2Australia18.9%
3UK12.5%
4USA12.2%
5Brazil4.8%
6Money Market2.6%
7Peru1.9%
8Sweden1.5%
9China1.4%
Industry sector
1Mineral Extraction32.1%
2Gold16.9%
3Oil & Gas - Integrated8.7%
4Oil & Gas Exploration & Production7.7%
5Other Metals7.4%
6Iron & Steel Products6.6%
7Oil & Gas Equipment & Services6.1%
8Coal4.3%
9Others3.9%
Asset type
1Commodity & Energy96.4%
2Money Market3.6%
Individual holdings
1BHP BILLITON PLC7.8%
2RIO TINTO6.3%
3GLENCORE PLC5%
4VALE S.A. SPONSORED ADR PFD CLASS A4.8%
5EXXON MOBIL CORP3.4%
6CHEVRON CORP2.9%
7FRANCO NEVADA CORP2.8%
8TECK RESOURCES LTD2.8%
9GOLDCORP INC2.6%
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)1.75%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price8.8
CurrencyUSD
Price updated20/02/2017
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 price9.9
CurrencyUSD
Price updated20/02/2017
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 price5.47
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04D0
Data provided by

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