Fact sheet: Heptagon Driehaus Emg Mkt Eq

Fund information
Fund name
Heptagon Driehaus Emerging Markets Equity B
Fund manager company
Heptagon Capital Limited
Fund type
OEIC
Fund managers
  • Howard Schwabsince 06/12/2016
  • Chad Cleaversince 06/12/2016
  • Richard Thiessince 06/12/2016
Fund objective
The strategy seeks capital appreciation by investing in common stocks of issuers who derive earnings and profits from the developing markets. There is no hedging nor any derivative overlays. The Portfolio is built completely from the bottom-up, with an active investor mentality and is largely benchmark agnostic with respect to security, sector, and regional/country weights.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24.8%
1 Year rank in sector
160/262
Sector
FO Equity - Emerging Markets
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.
2.28%
Fund size
£160m (£597m 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.
123
Top in this sector
Fund name1 Year
Charlemagne Magna Nw Frt60.5%
Jul Baer Mltistck Emerg Eq50.9%
JOHCM Gbl Emrg Mkts Opps50.8%
GAM Star Nth of Sth EM Eq50.7%
Hermes Gbl Emrg Mkts49.2%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • No data available.
  • Information Technology24.3%
    Consumer Discretionary22.5%
    Financials20.8%
    Consumer Staples9.8%
    Industrials5.6%
  • Global Emerging Market Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%7.4%17.9%24.8%-3.6%-
Sector2.4%4.1%14.6%25.4%3.3%18.2%
Rank within sector71 / 27448 / 27459 / 270160 / 262172 / 220-
Quartile2nd1st1st3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund16.2%6.5%-15.3%-5.5%7.3%
Sector12.5%10.7%-14.3%-1.4%-0.7%
Rank within sector78 / 274171 / 255165 / 233181 / 20834 / 182
Quartile2nd3rd3rd4th1st
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.
-2.1
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.
1.08
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.
-0.01
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%.
15.84
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.
5.71
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.
-0.38
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.
0.87
Price movement
52 week high110.08
52 week low85.24
Current bid price-
Current offer price-
Current mid price107.69
Region
No data available.
Industry sector
1Information Technology24.29%
2Consumer Discretionary22.5%
3Financials20.75%
4Consumer Staples9.8%
5Industrials5.59%
6Health Care4.56%
7Cash & Cash Equivalents3.44%
8Materials3.35%
9Energy3.1%
Asset type
1Global Emerging Market Equities100%
Individual holdings
1ALIBABA GROUP HLDG LTD4.7%
2SAMSUNG ELECTRONICS CO3.6%
3TENCENT HLDGS LIMITED3.2%
4PING AN INSURANCE(GR)CO OF CHINA2.6%
5TAIWAN SEMICONDUCTOR CO2.6%
6SBERBANK OF RUSSIA2.4%
7HOUSING DEVELOPMENT FINANCE CORP2.3%
8HOUSING DEVELOPMENT FINANCE CORP2.3%
9HDFC BANK LTD1.9%
Management
Fund manager group
Heptagon Capital
Fund manager company
Heptagon Capital Limited
Fund type
OEIC
Fund objective
The strategy seeks capital appreciation by investing in common stocks of issuers who derive earnings and profits from the developing markets. There is no hedging nor any derivative overlays. The Portfolio is built completely from the bottom-up, with an active investor mentality and is largely benchmark agnostic with respect to security, sector, and regional/country weights.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Howard Schwab06/12/2016Howard Schwab, Lead Portfolio Manager, joined Driehaus Capital Management in 2001. During his tenure with Driehaus, Mr. Schwab was also the co-portfolio manager for the Driehaus Global Growth strategy from 2008 through 2010, and co-portfolio manager for the Driehaus International Small Cap Growth strategy from 2002 through 2014. He received his B.A. in economics from Denison University in 2001.
Chad Cleaver06/12/2016Mr. Cleaver, CFA, received his A.B. in Economics in 2000 from Wabash College. He earned his M.B.A. degree in 2004 from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. He began his career with the Board of Governors of the Federal Reserve System. He joined the Adviser, Driehaus Capital Management LLC in 2004 as an investment analyst to assuming assistant portfolio management responsibilities.
Richard Thies06/12/2016Mr Thies began his career at the International Finance Corporation of the World Bank Group as a consultant for the gender entrepreneurship markets group in 2005. In 2008, Mr Thies worked for Opportunity International as a proposal writer. He then worked as an associate international economist for The Northern Trust in 2009. He joined Driehaus Capital Management as a macro analyst in 2011. He received his Bachelor of Arts in international studies from Emory University in 2005 and his Master of Arts degree focused on international political economy from the University of Chicago in 2007.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Norway, Offshore, Singapore, Sweden
Heptagon Driehaus Emerging Markets Equity A
Initial charge3%
Annual charge1.5%
Min single investment£15,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.2982
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0X1G
Heptagon Driehaus Emerging Markets Equity B
Initial charge3%
Annual charge1.95%
Min single investment£15,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.6893
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0X1J
Heptagon Driehaus Emerging Markets Equity C
Initial charge3%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.2989
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0X1H
Heptagon Driehaus Emerging Markets Equity CE EUR
Initial charge3%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.1155
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJP4Y
Heptagon Driehaus Emerging Markets Equity CEH
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.2654
CurrencyEUR
Price updated11/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN4IO
Heptagon Driehaus Emerging Markets Equity I
Initial charge3%
Annual charge1.15%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price126.7353
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0X1I
Heptagon Driehaus Emerging Markets Equity I1 USD
Initial charge3%
Annual charge1.15%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.1815
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJE4G
Heptagon Driehaus Emerging Markets Equity IE EUR
Initial charge3%
Annual charge1.15%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.7675
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJE3E
Heptagon Driehaus Emerging Markets Equity IF USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.38
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKR0G
Heptagon Driehaus Emerging Markets Equity IG
Initial charge3%
Annual charge1.15%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.9227
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJNNL
Heptagon Driehaus Emerging Markets Equity S USD
Initial charge-
Annual charge1%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.5803
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQTW
Heptagon Driehaus Emerging Markets Equity SE
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.5221
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQ4B
Heptagon Driehaus Emerging Markets Equity SGB
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.3917
CurrencyGBP
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKOXL
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.