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
9.8%
1 Year rank in sector
120/258
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
£99m (£50m 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.
121
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs46.8%
GAM Star Nth of Sth EM Eq43.1%
HSBC GIFEconScaleIxGEMEq42.2%
Dimensional EmMkt Tgt Val38%
Schroder ISF QEP Gl Eg Mts37.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Chile12.1%
    India11.8%
    Brazil11.5%
    South Africa11.4%
    Taiwan10.4%
  • Consumer Staples29%
    Financials17.3%
    Consumer Discretionary9.9%
    Utilities8.8%
    Materials8.5%
  • Chilean Equities12.1%
    Indian Equities11.8%
    Brazilian Equities11.5%
    South African Equities11.4%
    Taiwanese Equities10.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-2.3%5.3%9.8%23.3%33.7%
Sector-2.6%-4%5.4%9.2%-6.3%3.1%
Rank within sector94 / 26378 / 267110 / 263120 / 25816 / 21016 / 161
Quartile2nd2nd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund11.7%-1.4%11.5%-5.2%17.2%
Sector10.6%-14.3%-1.4%-0.7%14.2%
Rank within sector103 / 25819 / 24120 / 215142 / 19085 / 162
Quartile2nd1st1st3rd3rd
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.
9.7
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.
0.25
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%.
14.01
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.
7.47
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.
1.33
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 high13.88
52 week low10.53
Current bid price-
Current offer price-
Current mid price13.21
Region
1Chile12.06%
2India11.84%
3Brazil11.51%
4South Africa11.35%
5Taiwan10.44%
6China6.71%
7UK5.78%
8Money Market4.75%
9Mexico3.54%
Industry sector
1Consumer Staples29.02%
2Financials17.29%
3Consumer Discretionary9.88%
4Utilities8.77%
5Materials8.52%
6Industrials7.25%
7Information Technology6.69%
8Money Market4.75%
9Telecommunications Utilities4.38%
Asset type
1Chilean Equities12.06%
2Indian Equities11.84%
3Brazilian Equities11.51%
4South African Equities11.35%
5Taiwanese Equities10.44%
6Chinese Equities6.71%
7UK Equities5.78%
8Money Market4.75%
9Mexican Equities3.54%
Individual holdings
1SHOPRITE HOLDINGS3.59%
2STANDARD BANK GROUP3.55%
3INVERSIONES AGUAS METROPOLITANAS3.32%
4UNI-PRESIDENT ENTERPRISES CORP3.23%
5GRUPO HERDEZ SAB DE CV3.08%
6FUYAO GLASS INDUSTRY GROUP CO LTD3.01%
7STANDARD FOOD CORP2.93%
8NEWCREST MINING2.83%
9TIGER BRANDS2.76%
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 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 price13.2086
CurrencyEUR
Price updated07/12/2016
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 price12.1289
CurrencyEUR
Price updated07/12/2016
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 price15.6997
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGR53
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