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
4.8%
1 Year rank in sector
40/43
Sector
FO Equity - Latin America
Yield
-
Fund size
£46m (£51m 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.
188
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity83%
UBS (L)EqSIC-Brazil$47.9%
Parvest Equity Brazil44.4%
HSBC GIF Brazil Equity42.8%
Templeton Latin Amer42.5%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil60.1%
    Mexico26.5%
    Argentina4.3%
    Chile3.9%
    Peru3.2%
  • Financials37.1%
    Consumer Staples16.5%
    Consumer Discretionary13.5%
    Industrials10.3%
    Energy6.5%
  • Brazilian Equities60.1%
    Mexican Equities26.5%
    American Emerging Equities5.6%
    Chilean Equities3.9%
    Peruvian Equity3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-15.6%-10.3%1.9%4.8%-30.4%-33.2%
Sector-11%-4.9%10.7%17.4%-27.6%-33.3%
Rank within sector41 / 4341 / 4340 / 4340 / 4330 / 4021 / 36
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.6%-29.5%-9.1%-12.3%11.3%
Sector24%-31.7%-12.5%-14%7.7%
Rank within sector41 / 4319 / 4210 / 4012 / 3812 / 35
Quartile4th2nd1st2nd2nd
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.
0.31
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.
0.94
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%.
22.77
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.
4.64
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.
0.18
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 low0.6
Current bid price-
Current offer price-
Current mid price0.74
Region
1Brazil60.06%
2Mexico26.53%
3Argentina4.32%
4Chile3.93%
5Peru3.24%
6Colombia1.26%
7Money Market0.66%
Industry sector
1Financials37.1%
2Consumer Staples16.49%
3Consumer Discretionary13.51%
4Industrials10.25%
5Energy6.5%
6Real Estate5.35%
7Utilities4.94%
8Materials2.78%
9Information Technology2.42%
Asset type
1Brazilian Equities60.06%
2Mexican Equities26.53%
3American Emerging Equities5.58%
4Chilean Equities3.93%
5Peruvian Equity3.24%
6Money Market0.66%
Individual holdings
1ITAU UNIBANCO HLDG SA10.23%
2BRADESCO6.99%
3AMBEV SA5.04%
4BANORTE4.41%
5FOMENTO ECONOMICO MEXCANO SAB DE CV4.25%
6ULTRAPAR PARTICIPACOES SA3.55%
7BB SEGURIDADE PARTICIPACOES SA3.5%
8KROTON3.48%
9CREDICORP3.24%
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 price0.7417
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ719
Data provided by

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