Fact sheet: Manulife Latin America Equity

Fund information
Fund name
Manulife Latin America Equity AA
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund managers
  • Charlemagne Capital (UK) Limitedsince 31/05/2012
Fund objective
The sub-fund aims to make investments on a diversified basis to achieve long term capital growth for those who are prepared to accept significant fluctuations in the value of their investments. The sub-fund's underlying investment portfolio will consist mainly of equity related investments and equities of companies covering different sectors of the Latin American economy, including but not limited to Brazil, Chile, Colombia, Mexico and Argentina and which are listed on any stock exchange. The remaining assets of the sub-fund may include convertible bonds, bonds, deposits and other investments.
Benchmark
  • MSCI Latin America Index 10/40
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
33%
1 Year rank in sector
42/44
Sector
FO Equity - Latin America
Yield
-
Fund size
£51m (£42m 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.
185
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity99%
Parvest Equity Brazil98%
UBS (L)EqSIC-Brazil$92.8%
HSBC GIF Brazil Equity90.9%
Bradesco Brz EqMd Sm Cps85%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil59.2%
    Mexico24.1%
    Argentina5.3%
    Chile4.6%
    Peru4.1%
  • Financials37%
    Consumer Staples16%
    Consumer Discretionary13.8%
    Industrials7.9%
    Energy6.5%
  • Brazilian Equities59.2%
    Mexican Equities24.1%
    American Emerging Equities6.6%
    Chilean Equities4.6%
    Peruvian Equity4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.2%11.7%-0.2%33%-13%-31.7%
Sector9.3%15.9%6.1%49.3%-8%-33.1%
Rank within sector26 / 4439 / 4441 / 4442 / 4432 / 4119 / 35
Quartile3rd4th4th4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund11%14.5%-29.5%-9.1%-12.3%
Sector13.1%26%-31.7%-12.5%-14%
Rank within sector31 / 4440 / 4418 / 4310 / 4112 / 39
Quartile3rd4th2nd1st2nd
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.
-0.71
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.
-0.02
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%.
23.56
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.
4.69
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.
-0.12
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.
0.96
Price movement
52 week high0.9
52 week low0.64
Current bid price-
Current offer price-
Current mid price0.86
Region
1Brazil59.24%
2Mexico24.1%
3Argentina5.26%
4Chile4.57%
5Peru4.09%
6Money Market1.41%
7Colombia1.33%
Industry sector
1Financials37%
2Consumer Staples15.97%
3Consumer Discretionary13.75%
4Industrials7.85%
5Energy6.53%
6Utilities6.48%
7Real Estate5.19%
8Materials3.48%
9Information Technology2.34%
Asset type
1Brazilian Equities59.24%
2Mexican Equities24.1%
3American Emerging Equities6.59%
4Chilean Equities4.57%
5Peruvian Equity4.09%
6Money Market1.41%
Individual holdings
1ITAU UNIBANCO HLDG SA9.18%
2BRADESCO7.25%
3COMPANHIA DE BEBIDAS DAS AMERICAS4.53%
4BANORTE4.26%
5CREDICORP4.09%
6FOMENTO ECONOMICO MEXCANO SAB DE CV3.92%
7ULTRAPAR PARTICIPACOES SA3.91%
8BB SEGURIDADE PARTICIPACOES SA3.6%
9KROTON3.49%
Management
Fund manager group
Manulife Global Fund
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund objective
The sub-fund aims to make investments on a diversified basis to achieve long term capital growth for those who are prepared to accept significant fluctuations in the value of their investments. The sub-fund's underlying investment portfolio will consist mainly of equity related investments and equities of companies covering different sectors of the Latin American economy, including but not limited to Brazil, Chile, Colombia, Mexico and Argentina and which are listed on any stock exchange. The remaining assets of the sub-fund may include convertible bonds, bonds, deposits and other investments.
Benchmark
  • MSCI Latin America Index 10/40
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Charlemagne Capital (UK) Limited31/05/2012
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Luxembourg, Offshore, Singapore
Manulife Latin America Equity AA
Initial charge5%
Annual charge1.75%
Min single investment£20,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.8595
CurrencyUSD
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ719
Data provided by

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