Fact sheet: MI Somerset EmgMktsDivGth

Fund information
Fund name
MI Somerset Emerging Markets Dividend Growth A Acc GBP
Fund manager company
Somerset Capital Management
Fund type
OEIC
Fund managers
  • Edward Lamsince 28/03/2010
Accolades
Fund objective
To achieve capital appreciation and income growth by mainly investing in an actively managed portfolio of dividend - paying emerging market securities.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
25%
1 Year rank in sector
44/57
Sector
UT Global Emerging Markets
Yield
1.9%
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.
1.3%
Fund size
£1,267m (£949m 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.
105
Mid price
150.34
Top in this sector
Fund name1 Year
Scot Wid Fdmtl Index Emg Mkt Eq52.3%
FP Hndrsn Rwe FTSERAFIEmgMkts50.4%
Lazard Emerging Markets37.5%
NFU Mutual Global Emerging Mkts36.5%
Lazard Developing Markets35.4%
...more in UT Global Emerging Markets

Performance snapshot

Holdings snapshot

  • Korea19.5%
    Taiwan9.4%
    Hungary8.3%
    India8%
    South Africa6.4%
  • Financials31.6%
    Consumer Staples19.3%
    Information Technology17.3%
    Consumer Discretionary7.7%
    Telecommunications6.8%
  • South Korean Equities19.5%
    Taiwanese Equities9.4%
    Hungarian Equities8.3%
    Indian Equities8%
    Money Market7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.4%0.4%16.2%25%26.4%42.5%
Sector-4.5%-1%19.8%28.6%19%26.4%
Rank within sector13 / 5912 / 5947 / 5944 / 5714 / 486 / 40
Quartile1st1st4th4th2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund25%-6.4%8.4%-3.2%15.8%
Sector29.7%-10.6%3%-2.6%12.6%
Rank within sector47 / 5712 / 536 / 4819 / 458 / 40
Quartile4th1st1st2nd1st
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.
3.31
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.
0.78
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.
0.33
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%.
12.98
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.
5.75
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.
0.88
Price movement
52 week high160.31
52 week low114.22
Current bid price-
Current offer price-
Current mid price150.34
Region
1Korea19.53%
2Taiwan9.43%
3Hungary8.35%
4India7.99%
5South Africa6.41%
6UK5.87%
7Turkey5.4%
8Philippines5.27%
9Poland5.26%
Industry sector
1Financials31.61%
2Consumer Staples19.27%
3Information Technology17.31%
4Consumer Discretionary7.74%
5Telecommunications6.84%
6Money Market5.87%
7Utilities5.42%
8Energy5.38%
9Materials0.47%
Asset type
1South Korean Equities19.53%
2Taiwanese Equities9.43%
3Hungarian Equities8.35%
4Indian Equities7.99%
5Money Market7.25%
6South African Equities6.41%
7Turkish Equities5.4%
8Philippine Equities5.27%
9Brazilian Equities5.08%
Individual holdings
1OTP BANK5.46%
2SK HYNIX INC4.94%
3SAMSUNG FIRE & MARINE4.51%
4HCL TECHNOLOGIES3.72%
5HCL TECHNOLOGIES3.72%
6PORTO SEGURO SA3.37%
7SHOPRITE HOLDINGS3.34%
8HSBC HLDGS3.02%
9POU CHEN CORP2.91%
Management
Fund manager group
Somerset Capital Management
Fund manager company
Somerset Capital Management
Fund type
OEIC
Fund objective
To achieve capital appreciation and income growth by mainly investing in an actively managed portfolio of dividend - paying emerging market securities.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Edward Lam28/03/2010Edward is the Lead Manager of the Dividend Growth product. He joined Somerset when it was founded in 2007 to cover EMEA, and has been responsible for managing the research process since 2008. Before joining Somerset, he was a senior analyst at Lloyd George, covering Asia for GEM mandates and Taiwan. Edward graduated from Downing College, Cambridge, where he read History.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MI Somerset Emerging Markets Dividend Growth A Acc GBP
Initial charge-
Annual charge1%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price150.34
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeINE9
MI Somerset Emerging Markets Dividend Growth A Inc GBP
Initial charge-
Annual charge1%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price127.51
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeINE8
MI Somerset Emerging Markets Dividend Growth B Acc AUD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.51
CurrencyAUX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM28R
MI Somerset Emerging Markets Dividend Growth B Acc EUR
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price149.11
CurrencyEUX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0DS7
MI Somerset Emerging Markets Dividend Growth B Acc USD
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price98.231
CurrencyUSX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAOA
MI Somerset Emerging Markets Dividend Growth B Inc EUR
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price131.89
CurrencyEUX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0DS8
MI Somerset Emerging Markets Dividend Growth B Inc USD
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price84.4511
CurrencyUSX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIAOB
MI Somerset Emerging Markets Dividend Growth C Acc AUD
Initial charge5%
Annual charge-
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.29%
Bid price-
Offer price-
Mid price144.71
CurrencyAUX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGEHX
MI Somerset Emerging Markets Dividend Growth C Inc AUD
Initial charge5%
Annual charge-
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price-
CurrencyAUX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGEHY
Data provided by

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