Fact sheet: LV= BlackRock Emerging Mkts Pn

Fund information
Fund name
LV= BlackRock Emerging Markets Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Dhiren Shahsince 24/06/2011
  • Gordon Frasersince 29/03/2017
Underlying fund
BlackRock Emerging Markets
Fund objective
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated or listed on a stock exchange in emerging market countries, which are those countries listed in the MSCI Emerging Markets Index. The Fund may indirectly invest in emerging markets by investing in American Depository Receipts (ADRs) and Global Depositary Receipts (GDRs), which are listed or traded on stock exchanges and regulated markets outside emerging markets. This can increase the overall risk profile of the Fund.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
45.8%
1 Year rank in sector
87/256
Sector
PN Global Emerging Markets
Yield
-
Fund size
£4m (£4m 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.
134
Bid price
226.6
Offer price
238.5
Top in this sector
Fund name1 Year
Baillie Gifford Emerging Mkts Pn58.1%
Zurich Bail Giff EgMkt EqPn57%
FL BG EmgMkts Ldng Cos EP56.2%
SLFC Emerging Markets Pn55.5%
LV= Jupiter India Pn55.3%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • China27.3%
    Korea13%
    India9.4%
    Brazil9.2%
    Russia7.7%
  • Financials26.5%
    Information Technology24.6%
    Consumer Discretionary9%
    Industrials8%
    Energy7.9%
  • International Equities96.3%
    Money Market3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%3.8%14.9%45.8%32.6%45.9%
Sector2.1%2.1%12.2%41.2%34.4%52.2%
Rank within sector148 / 26386 / 26361 / 26287 / 256130 / 218129 / 184
Quartile3rd2nd1st2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund13.6%30.5%-14.6%4.1%-3.2%
Sector9.8%31.9%-8.5%3%-3.4%
Rank within sector49 / 263169 / 252209 / 240103 / 21370 / 195
Quartile1st3rd4th2nd2nd
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.
-0.88
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
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.
0.43
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%.
16.28
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.
3.93
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.
-0.23
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.
0.94
Price movement
52 week high231.4
52 week low155.4
Current bid price226.6
Current offer price238.5
Current mid price-
Region
1China27.33%
2Korea12.98%
3India9.35%
4Brazil9.2%
5Russia7.68%
6Indonesia5.31%
7Mexico4.75%
8Money Market3.68%
9South Africa3%
Industry sector
1Financials26.49%
2Information Technology24.6%
3Consumer Discretionary9%
4Industrials8.04%
5Energy7.9%
6Consumer Staples6.06%
7Materials6.06%
8Money Market3.68%
9Real Estate2.98%
Asset type
1International Equities96.32%
2Money Market3.68%
Individual holdings
1SAMSUNG ELECTRONICS CO5.47%
2ALIBABA GROUP HLDG LTD4.98%
3TENCENT HLDGS LIMITED4.68%
4SBERBANK ROSSII PAO3.95%
5BANK OF CHINA LTD3.71%
6ITOCHU CORP3.26%
7NASPERS3%
8HOUSING DEVELOPMENT FINANCE CORP2.36%
9HOUSING DEVELOPMENT FINANCE CORP2.36%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to achieve long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated or listed on a stock exchange in emerging market countries, which are those countries listed in the MSCI Emerging Markets Index. The Fund may indirectly invest in emerging markets by investing in American Depository Receipts (ADRs) and Global Depositary Receipts (GDRs), which are listed or traded on stock exchanges and regulated markets outside emerging markets. This can increase the overall risk profile of the Fund.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Dhiren Shah24/06/2011Dhiren Shah, CFA, Director, is a member of the Global Emerging Markets team in the Fundamental Equity Division of BlackRock's Portfolio Management Group. He is responsible for co-managing the Global Emerging Markets portfolios.Mr. Shah's service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Shah began his career with MLIM and joined the Global Emerging Markets team following a rotation in fixed income. Mr. Shah received a BSc degree in economics from the University College London in 2001.
Gordon Fraser29/03/2017
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= BlackRock Emerging Markets Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price198.6
Offer price209.1
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBNF9
LV= BlackRock Emerging Markets Pn S2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.97%
Bid price226.6
Offer price238.5
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2P8
Data provided by

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