Fact sheet: MI Somerset GblEmgMkts

Fund information
Fund name
MI Somerset Global Emerging Markets B Acc GBP
Fund manager company
Somerset Capital Management
Fund type
OEIC
Fund managers
  • Mark Asquithsince 17/11/2008
  • Edward Robertsonsince 17/11/2008
Fund objective
The Fund seeks to achieve capital appreciation by mainly investing in an actively managed portfolio of emerging market securities.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
27.9%
1 Year rank in sector
28/57
Sector
UT Global Emerging Markets
Yield
1.5%
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.
1.06%
Fund size
£319m (£206m 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.
122
Mid price
214.2035
Top in this sector
Fund name1 Year
Scot Wid Fdmtl Index Emg Mkt Eq48%
FP Hndrsn Rwe FTSERAFIEmgMkts46.7%
Lazard Emerging Markets35%
NFU Mutual Global Emerging Mkts34.6%
Artemis Gbl Emg Mkts32.9%
...more in UT Global Emerging Markets

Performance snapshot

Holdings snapshot

  • India20.3%
    China17.9%
    Korea9.6%
    Brazil9.5%
    South Africa8.2%
  • Financials31%
    Information Technology19.8%
    Consumer Staples13.8%
    Consumer Discretionary12.7%
    Telecommunications7.8%
  • Indian Equities20.3%
    Chinese Equities17.9%
    South Korean Equities9.6%
    Brazilian Equities9.5%
    South African Equities8.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.4%-1.9%15.8%27.9%18.1%26%
Sector-4.7%-2%18.1%26.6%17.1%24.7%
Rank within sector40 / 5931 / 5944 / 5928 / 5732 / 4818 / 40
Quartile3rd3rd3rd2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund27.2%-10%2.5%-2.9%13.2%
Sector27.6%-10.6%3%-2.6%12.6%
Rank within sector33 / 5723 / 5332 / 4818 / 4514 / 40
Quartile3rd2nd3rd2nd2nd
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.
0.94
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.
0.96
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.
0.17
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%.
15.61
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.
4.15
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.
0.17
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.
0.93
Price movement
52 week high238.35
52 week low155.37
Current bid price-
Current offer price-
Current mid price214.2
Region
1India20.27%
2China17.91%
3Korea9.58%
4Brazil9.46%
5South Africa8.22%
6Taiwan6.33%
7Mexico6.17%
8Poland4.32%
9Turkey3.76%
Industry sector
1Financials31.01%
2Information Technology19.79%
3Consumer Staples13.77%
4Consumer Discretionary12.69%
5Telecommunications7.81%
6Energy6.19%
7Money Market2.53%
8Materials2.07%
9Health Care1.49%
Asset type
1Indian Equities20.27%
2Chinese Equities17.91%
3South Korean Equities9.58%
4Brazilian Equities9.46%
5South African Equities8.22%
6Taiwanese Equities6.33%
7Mexican Equities6.17%
8Polish Equities4.32%
9Turkish Equities3.76%
Individual holdings
1SAMSUNG ELECTRONICS CO4.49%
2ITAU UNIBANCO HLDG SA4.01%
3CHINA MOBILE LTD3.79%
4FOMENTO ECONOMICO MEXCANO SAB DE CV3.53%
5TAIWAN SEMICONDUCTOR MANUFACTURING3.47%
6CHINA MENGNIU DAIRY CO3.25%
7ICICI BANK3.22%
8BHARAT PETROLEUM CORP3.19%
9BHARAT PETROLEUM CORP3.19%
Management
Fund manager group
Somerset Capital Management
Fund manager company
Somerset Capital Management
Fund type
OEIC
Fund objective
The Fund seeks to achieve capital appreciation by mainly investing in an actively managed portfolio of emerging market securities.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mark Asquith17/11/2008Mark 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.
Edward Robertson17/11/2008Edward 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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MI Somerset Global Emerging Markets A Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price206.4246
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4L7
MI Somerset Global Emerging Markets B Acc DKK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.4141
CurrencyDKK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKX7F
MI Somerset Global Emerging Markets B Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0195
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM10F
MI Somerset Global Emerging Markets B Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price214.2035
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDTN1
MI Somerset Global Emerging Markets B Acc USD
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price0.9112
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG1BD
MI Somerset Global Emerging Markets B Inc EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated14/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJD8K
MI Somerset Global Emerging Markets B Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price196.7833
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSA3
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.