Fact sheet: Manulife Russia Equity

Fund information
Fund name
Manulife Russia Equity AA
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund manager
  • Charlemagne Capital (UK) Limitedsince 19/11/2007
Fund objective
The sub-fund aims to provide long term capital growth for those who hold a long term investment view and who are prepared to accept significant fluctuations in the value of their investments in order to achieve long term returns. It is intended that the investments will be made on a diversified basis. The underlying investment portfolio will mainly consist of equity-related investments and securities of companies located in Russia and other companies located outside Russia whose income is predominantly derived from Russia, all of which in accordance with the regulations, are listed or traded on regulated markets. The sub-fund may also invest in other countries in the Commonwealth of Independent States. The remaining assets of the sub-fund may include bonds, deposits and other investments.
Benchmark
  • MSCI RUSSIA 10/40
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
26.8%
1 Year rank in sector
17/91
Sector
FO Equity - Europe Single Country
Yield
-
Fund size
£100m (£86m 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.
170
Top in this sector
Fund name1 Year
Pictet Russian Equities70.9%
Baring Russia61.3%
HSBC GIF Russia Equity56.2%
Pictet Russia Index47.2%
SEB 2 Russia37.6%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Russia91.8%
    Kazakhstan4.2%
    Money Market3.9%
  • Energy34.7%
    Materials17.8%
    Consumer Staples16.1%
    Financials15.6%
    Utilities4.7%
  • Russian Equities91.8%
    Kazakhstani Equities4.2%
    Money Market3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%10%16.7%26.8%-23.1%-10.5%
Sector1.9%5.9%7.7%11.6%21.1%78%
Rank within sector29 / 9317 / 9314 / 9317 / 9179 / 8377 / 77
Quartile2nd1st1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund27.7%5.7%-44.4%5.3%11.8%
Sector6.1%9.2%1.7%17.5%18.4%
Rank within sector12 / 9363 / 9079 / 8364 / 8066 / 77
Quartile1st3rd4th4th4th
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.
-15.4
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.
1.55
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.
-0.03
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%.
26.92
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.
20.42
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.
-0.67
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.
0.47
Price movement
52 week high0.49
52 week low0.32
Current bid price-
Current offer price-
Current mid price0.49
Region
1Russia91.82%
2Kazakhstan4.24%
3Money Market3.94%
Industry sector
1Energy34.7%
2Materials17.77%
3Consumer Staples16.09%
4Financials15.63%
5Utilities4.65%
6Telecommunications Utilities4.54%
7Money Market3.94%
8Information Technology2.68%
Asset type
1Russian Equities91.82%
2Kazakhstani Equities4.24%
3Money Market3.94%
Individual holdings
1LUKOIL OAO9.2%
2SBERBANK OF RUSSIA9.15%
3TATNEFTEPROM7.87%
4MOSCOW EXCHANGE MICEX OJSC6.49%
5NOVATEK OAO5.9%
6MMC NORILSK NICKEL PJSC4.67%
7E.ON RUSSIA OJSC4.65%
8X5 RETAIL GROUP N.V4.61%
9SEVERSTAL OAO4.55%
Management
Fund manager group
Manulife Global Fund
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund objective
The sub-fund aims to provide long term capital growth for those who hold a long term investment view and who are prepared to accept significant fluctuations in the value of their investments in order to achieve long term returns. It is intended that the investments will be made on a diversified basis. The underlying investment portfolio will mainly consist of equity-related investments and securities of companies located in Russia and other companies located outside Russia whose income is predominantly derived from Russia, all of which in accordance with the regulations, are listed or traded on regulated markets. The sub-fund may also invest in other countries in the Commonwealth of Independent States. The remaining assets of the sub-fund may include bonds, deposits and other investments.
Benchmark
  • MSCI RUSSIA 10/40
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Charlemagne Capital (UK) Limited19/11/2007
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 Russia 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 price0.487
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeARA2
Data provided by

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