Fact sheet: MI Somerset EMsSmlCap

Fund information
Fund name
MI Somerset Emerging Markets Small Cap B Acc GBP
Fund manager company
Somerset Capital Management LL
Fund type
OEIC
Fund managers
  • 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
31.6%
1 Year rank in sector
42/56
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.
1.78%
Fund size
£82m (£52m 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.
109
Mid price
142.8363
Top in this sector
Fund name1 Year
Neptune Emerging Markets45.8%
Baillie Gifford Emg Mkts Gth43.1%
Scot Wid Fdmtl Index Emg Mkt Eq42.9%
FP Hndrsn Rwe FTSERAFIEmgMkts42.9%
Baillie Gifford EmgMkts LngCs42.7%
...more in UT Global Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa17.9%
    India17.4%
    Brazil11.3%
    Taiwan9%
    Turkey6.6%
  • Consumer Discretionary38.9%
    Financials22.5%
    Industrials20.8%
    Information Technology6.9%
    Money Market5%
  • South African Equities17.9%
    Indian Equities17.4%
    Brazilian Equities11.3%
    Taiwanese Equities9%
    Turkish Equities6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%5%0.7%31.6%41.8%58.8%
Sector-0.5%5%3.7%34.8%37.2%36.9%
Rank within sector32 / 5826 / 5754 / 5742 / 5621 / 483 / 39
Quartile3rd2nd4th3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund7.6%35.3%-11%11.2%-0.2%
Sector9.6%32.6%-10.6%3%-2.6%
Rank within sector47 / 5722 / 5529 / 522 / 4712 / 44
Quartile4th2nd3rd1st2nd
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.
2.64
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.
0.88
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.
0.63
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%.
14.66
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.
6.35
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.
0.19
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.
0.83
Price movement
52 week high146.81
52 week low102.38
Current bid price-
Current offer price-
Current mid price142.84
Region
1South Africa17.88%
2India17.43%
3Brazil11.3%
4Taiwan9.04%
5Turkey6.63%
6Malaysia5.72%
7UK4.97%
8Mexico4.02%
9Poland3.24%
Industry sector
1Consumer Discretionary38.86%
2Financials22.48%
3Industrials20.78%
4Information Technology6.95%
5Money Market4.97%
6Consumer Staples4.18%
7Real Estate1.04%
8Health Care0.56%
9Materials0.19%
Asset type
1South African Equities17.88%
2Indian Equities17.43%
3Brazilian Equities11.3%
4Taiwanese Equities9.04%
5Turkish Equities6.63%
6Malaysian Equities5.72%
7Money Market4.97%
8Mexican Equities4.02%
9Polish Equities3.24%
Individual holdings
1PADINI HLDGS BERHAD4.68%
2CIA HERING3.94%
3GRENDENE SA3.46%
4RAUBEX GROUP LTD3.37%
5CITY UNION BANK3.25%
6CITY UNION BANK3.25%
7WARSAW STOCK EXCHANGE3.24%
8METAIR INVESTMENTS3.16%
9JSE LIMITED3.12%
Management
Fund manager group
Somerset Capital Management
Fund manager company
Somerset Capital Management LL
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
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, Reporting Fund Status, 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)1.78%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price146.0206
CurrencyEUX
Price updated27/04/2017
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)1.78%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price142.8363
CurrencyGBX
Price updated27/04/2017
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)1.78%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price115.189
CurrencyUSX
Price updated27/04/2017
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

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.