Fact sheet: Henderson Gartmore EmgMkts

Fund information
Fund name
Henderson Gartmore Emerging Markets I Acc EUR
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund managers
  • Nicholas Cowleysince 01/03/2016
  • Glen Finegansince 01/02/2015
Fund objective
The Fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from emerging equity markets, by investing at any given time at least two-thirds of its net assets in:- companies having their registered office in emerging markets,- companies that do not have their registered office in emerging markets but either (i) carry out a predominant proportion of their business activity in these markets, or (ii) are holding companies which predominantly own companies with registered offices in emerging markets.The return will be a combination of capital and income returns.In this context, the term “emerging markets” means countries included in the MSCI World Emerging Markets Index or those which are referred to by the World Bank as developing countries or those countries which are, in the Investment Manager’s opinion, developing countries.
Benchmark
  • MSCI Emerging Markets
Investment style
None
Investment method
Shares
Quick stats
1 Year return
14.9%
1 Year rank in sector
185/258
Sector
FO Equity - Emerging Markets
Yield
0.6%
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.
1.25%
Fund size
£97m (£47m 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.
114
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq52.7%
Wells Fargo WW Emg Mkts Eq50%
Templeton BRIC48%
T. Rowe Price EmgMktsEq47.7%
Dimensional EmMkt Tgt Val45.7%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others16.1%
    Brazil12.6%
    Chile12%
    India11.9%
    South Africa11.3%
  • Consumer Staples27.8%
    Financials17.2%
    Consumer Discretionary10.9%
    Materials8.8%
    Utilities7.5%
  • International Equities16.1%
    Brazilian Equities12.6%
    Chilean Equities12%
    Indian Equities11.9%
    South African Equities11.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%8.4%10.8%14.9%26.3%44.2%
Sector1.6%11.7%12.9%14.6%-2.3%12.2%
Rank within sector209 / 264213 / 264199 / 260185 / 25814 / 20721 / 157
Quartile4th4th4th3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund13%-1.4%11.5%-5.2%17.2%
Sector14.2%-14.3%-1.4%-0.7%14.2%
Rank within sector164 / 25919 / 24321 / 218143 / 19284 / 163
Quartile3rd1st1st3rd3rd
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.
9.21
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.
0.85
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.
0.46
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%.
14.11
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.
7.62
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.
1.17
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.
0.73
Price movement
52 week high13.81
52 week low10.53
Current bid price-
Current offer price-
Current mid price13.37
Region
1Others16.1%
2Brazil12.6%
3Chile12%
4India11.9%
5South Africa11.3%
6Taiwan10.3%
7China6.9%
8UK6.1%
9Mexico3.7%
Industry sector
1Consumer Staples27.8%
2Financials17.2%
3Consumer Discretionary10.9%
4Materials8.8%
5Utilities7.5%
6Information Technology7.3%
7Industrials6.9%
8Telecommunications Utilities5.7%
9Money Market3.5%
Asset type
1International Equities16.1%
2Brazilian Equities12.6%
3Chilean Equities12%
4Indian Equities11.9%
5South African Equities11.3%
6Taiwanese Equities10.3%
7Chinese Equities6.9%
8UK Equities6.1%
9Mexican Equities3.7%
Individual holdings
1SHOPRITE HOLDINGS3.7%
2STANDARD BANK GROUP3.7%
3INVERSIONES AGUAS METROPOLITANAS3.3%
4MAHLE METAL LEVE SA3.3%
5FUYAO GLASS INDUSTRY GROUP CO LTD3.2%
6HOUSING DEVELOPMENT FINANCE CORP3.2%
7HOUSING DEVELOPMENT FINANCE CORP3.2%
8UNI-PRESIDENT ENTERPRISES CORP3.2%
9DURATEX SA (NEW)3%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve a long-term return, in excess of the long-term return that is typically achieved from emerging equity markets, by investing at any given time at least two-thirds of its net assets in:- companies having their registered office in emerging markets,- companies that do not have their registered office in emerging markets but either (i) carry out a predominant proportion of their business activity in these markets, or (ii) are holding companies which predominantly own companies with registered offices in emerging markets.The return will be a combination of capital and income returns.In this context, the term “emerging markets” means countries included in the MSCI World Emerging Markets Index or those which are referred to by the World Bank as developing countries or those countries which are, in the Investment Manager’s opinion, developing countries.
Benchmark
  • MSCI Emerging Markets
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Nicholas Cowley01/03/2016Nick Cowley joined Henderson in 2004 as a fund manager for North American equities and in 2012 transitioned into Emerging Market equities. In 2016 he became co-manager of an offshore Latin American fund and an offshore Emerging Markets fund. His career began at Chiswell Associates as a trainee fund manager for overseas equities before progressing to become a fund manager for US Equities. Nick holds an MSc in Business Finance from Brunel University and a BSc (Hons) in Computer Science and Mathematics from York University. He also holds the Institute of Investment Management & Research (IIMR) qualification.
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.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Isle of Man, Ireland, Italy, Jersey, Luxembourg, Malta, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Henderson Gartmore Emerging Markets B Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price11.329
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGD50
Henderson Gartmore Emerging Markets I Acc EUR
Initial charge-
Annual charge1%
Min single investment£25,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price13.3664
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGE20
Henderson Gartmore Emerging Markets R Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price12.2871
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGE12
Henderson Gartmore Emerging Markets R Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price16.6914
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGR53
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.