Fact sheet: KIVAM Korea Value

Fund information
Fund name
KIVAM Korea Value I EUR
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund manager
  • Chaiwon LEEsince 18/12/2013
Fund objective
The investment objective of the KIVAM Korea Value Fund is to achieve superior long-term capital appreciation by investing in equity securities listed in Korea. The Fund may also invest in convertible securities and similar instruments to earn additional interest income. The Sub-Fund will directly invest in shares of companies, which the Investment Manager believes to be undervalued. In assessing value, the Investment Manager may consider factors such as book to value, price to earnings ratios, asset qualities and trends of cash flow as well as dividend policies and management efficiency.
Benchmark
No data available.
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
-0.2%
1 Year rank in sector
32/32
Sector
FO Equity - Asia Pacific Single Country
Yield
-
Fund size
£0m
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.
109
Top in this sector
Fund name1 Year
Fidelity Indonesia54.1%
Eastspring Inv IndnsEq50.2%
Parvest EqIndnsa46.2%
Allianz Indonesia Equity46%
JPM Indonesia Eq44.5%
...more in FO Equity - Asia Pacific Single Country

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%6.3%-0.1%-0.2%--
Sector-0%11.6%10.5%19.8%7.8%46.2%
Rank within sector14 / 3226 / 3231 / 3232 / 32--
Quartile2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.7%7.8%---
Sector14.3%-11.1%7.7%0.8%24.7%
Rank within sector32 / 322 / 33---
Quartile4th1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high130.64
52 week low105.89
Current bid price119.06
Current offer price119.06
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Lemanik Asset Management
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund objective
The investment objective of the KIVAM Korea Value Fund is to achieve superior long-term capital appreciation by investing in equity securities listed in Korea. The Fund may also invest in convertible securities and similar instruments to earn additional interest income. The Sub-Fund will directly invest in shares of companies, which the Investment Manager believes to be undervalued. In assessing value, the Investment Manager may consider factors such as book to value, price to earnings ratios, asset qualities and trends of cash flow as well as dividend policies and management efficiency.
Benchmark
No data available.
Investment style
Value
Investment method
Shares
Fund manager
NameSinceBiography
Chaiwon LEE18/12/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, United Kingdom, Luxembourg, Offshore
KIVAM Korea Value I EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price119.0641
Offer price119.0641
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR8Q
KIVAM Korea Value I USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price97.1686
Offer price97.1686
Mid price-
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR8P
Data provided by

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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.