Fact sheet: MI Somerset EMsSmlCap

Fund information
Fund name
MI Somerset Emerging Markets Small Cap B Acc GBP
Fund manager company
Somerset Capital Management
Fund type
OEIC
Fund managers
  • Edward Robertsonsince 01/11/2010
  • Mark Asquithsince 01/11/2010
Fund objective
The objective of the Fund is to achieve long term capital appreciation
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
32%
1 Year rank in sector
8/59
Sector
UT Global 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.
1.76%
Fund size
£75m (£32m 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.
110
Mid price
127.4824
Top in this sector
Fund name1 Year
Scot Wid Fdmtl Index Emg Mkt Eq50.3%
FP Hndrsn Rwe FTSERAFIEmgMkts48.7%
NFU Mutual Global Emerging Mkts35.8%
Lazard Emerging Markets35.4%
Lazard Developing Markets33.1%
...more in UT Global Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa19.1%
    India16.7%
    Brazil9.7%
    Taiwan7.7%
    UK7.4%
  • Consumer Discretionary32.4%
    Financials23.1%
    Industrials21.3%
    Consumer Staples7.4%
    Money Market7.4%
  • South African Equities19.1%
    Indian Equities16.7%
    Brazilian Equities9.7%
    Taiwanese Equities7.7%
    Money Market7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-11%0.4%20.1%32%27.4%51.1%
Sector-7.9%1.2%22.4%26.9%16.9%27.6%
Rank within sector59 / 6144 / 6144 / 618 / 599 / 502 / 42
Quartile4th3rd3rd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund30%-11%11.2%-0.2%19.4%
Sector29.3%-10.6%3%-2.6%12.6%
Rank within sector29 / 5932 / 552 / 5013 / 473 / 42
Quartile2nd3rd1st2nd1st
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.
5.29
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.
0.84
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.
0.56
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%.
13.89
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.
6.19
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.
0.67
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.
0.84
Price movement
52 week high143.48
52 week low91.98
Current bid price-
Current offer price-
Current mid price127.48
Region
1South Africa19.08%
2India16.66%
3Brazil9.71%
4Taiwan7.73%
5UK7.39%
6Turkey6.05%
7Malaysia5.72%
8Mexico4.46%
9Philippines3.55%
Industry sector
1Consumer Discretionary32.41%
2Financials23.12%
3Industrials21.26%
4Consumer Staples7.39%
5Money Market7.39%
6Information Technology4.79%
7Real Estate1.92%
8Health Care1.05%
9Materials0.67%
Asset type
1South African Equities19.08%
2Indian Equities16.66%
3Brazilian Equities9.71%
4Taiwanese Equities7.73%
5Money Market7.39%
6Turkish Equities6.05%
7Malaysian Equities5.72%
8Mexican Equities4.46%
9Philippine Equities3.55%
Individual holdings
1PADINI HLDGS BERHAD4.13%
2JSE LIMITED4.06%
3CITY UNION BANK3.68%
4CITY UNION BANK3.68%
5AIA ENGINEERING LTD3.64%
6AIA ENGINEERING LTD3.64%
7SECURITY BANK CORP3.55%
8RAUBEX GROUP LTD3.37%
9WARSAW STOCK EXCHANGE3.13%
Management
Fund manager group
Somerset Capital Management
Fund manager company
Somerset Capital Management
Fund type
OEIC
Fund objective
The objective of the Fund is to achieve long term capital appreciation
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Edward Robertson01/11/2010Edward Robertson - Lead Manager & Founder (16 years experience). Edward graduated in 1989 from the University of East Anglia. He worked in Hong Kong and London, before joining Lloyd George Management in 1999. Along with Jacob Rees-Mogg, Edward built the GEM product at Lloyd George Management. He also led the focus on the EMEA region and managed the top-performing Russian Fund - SIBINCO. Edward is lead manager for the EM large cap fund and co-manager of the EM Small Cap and Dividend Growth funds.
Mark Asquith01/11/2010Mark is the Lead Manager of our Small Cap strategy, having joined Somerset in 2007. Previously he worked at Lloyd George Management, where he was instrumental in helping to build the smaller companies product along with Edward Robertson and Jacob Rees-Mogg. He also had a focus on Latin America. Mark graduated from St Andrew’s University prior to joining Lloyd George Management in 2001.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MI Somerset Emerging Markets Small Cap B Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price130.8652
CurrencyEUX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLUT4
MI Somerset Emerging Markets Small Cap B Acc GBP
Initial charge5%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price127.4824
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLUT2
MI Somerset Emerging Markets Small Cap B Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price100.5709
CurrencyUSX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLUT6
MI Somerset Emerging Markets Small Cap B Inc EUR
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price100
CurrencyEUX
Price updated29/03/2012
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLUT5
MI Somerset Emerging Markets Small Cap B Inc GBP
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated29/03/2012
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLUT3
MI Somerset Emerging Markets Small Cap B Inc USD
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price100
CurrencyUSX
Price updated29/03/2012
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLUT7
Data provided by

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