Fact sheet: Metzler Eastern Europe

Fund information
Fund name
Metzler Eastern Europe A
Fund manager company
Metzler Ireland Ltd
Fund type
No data available.
Fund manager
  • Markus Brücksince 03/10/2000
Fund objective
The investment objective of the Fund is to increase the value of its investments over the long term. The Fund will invest predominantly in equities and equity related securities. At all times at least 51% of the Fund's assets will be invested in eastern European equities and equity related securities. It is not anticipated that the Fund will invest more than 35% in aggregate of the Net Asset Value of the Fund in locally traded Russian stocks. The Fund may use financial derivative instruments to gain and/or reduce exposure to currency markets.
Benchmark
  • MSCI EM Eastern Europe Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
38.8%
1 Year rank in sector
17/30
Sector
FO Equity - Emerging Europe
Yield
-
Fund size
£72m (£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.
130
Top in this sector
Fund name1 Year
Parvest Eq Russia66.4%
Pictet Emerging Europe62.7%
JGF-Jupiter New Europe57%
Baring Eastern Eur56.4%
Duet Emg Eur49.4%
...more in FO Equity - Emerging Europe

Performance snapshot

Holdings snapshot

  • Russia41.5%
    Poland17.3%
    Turkey12.9%
    Others8.1%
    Czech Republic3.9%
  • Banks21.1%
    Others17.8%
    Materials11.6%
    Energy11.4%
    Food & Drug Retailers7.9%
  • Russian Equities41.5%
    Polish Equities17.3%
    Turkish Equities12.9%
    International Equities8.1%
    Czech Republic Equities3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.6%13.9%18.8%38.8%15.4%0.3%
Sector5.3%12.2%17.1%34.7%3.3%-2%
Rank within sector14 / 3011 / 3014 / 3017 / 3010 / 2916 / 27
Quartile2nd2nd2nd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.2%24.4%-0.1%-17.7%-8.9%
Sector4.9%22.7%-3.1%-22%-2.2%
Rank within sector11 / 3017 / 3012 / 297 / 2928 / 28
Quartile2nd3rd2nd1st4th
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.
3.49
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.
0.97
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.
0.05
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%.
17.03
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.
4.8
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.
0.71
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.
0.92
Price movement
52 week high104.05
52 week low74.3
Current bid price104.03
Current offer price109.23
Current mid price-
Region
1Russia41.49%
2Poland17.34%
3Turkey12.89%
4Others8.05%
5Czech Republic3.86%
6Romania3.74%
7Greece3.71%
8UK2.86%
9British Virgin Islands1.97%
Industry sector
1Banks21.1%
2Others17.76%
3Materials11.58%
4Energy11.4%
5Food & Drug Retailers7.92%
6Software6.61%
7Telecommunications Utilities5.34%
8Consumer Services5.17%
9Real Estate4.55%
Asset type
1Russian Equities41.49%
2Polish Equities17.34%
3Turkish Equities12.89%
4International Equities8.05%
5Czech Republic Equities3.86%
6European Emerging Equities3.74%
7Greek Equities3.71%
8American Emerging Equities3.65%
9UK Equities2.86%
Individual holdings
1LUKOIL PJSC5.01%
2MAGNIT PJSC4.66%
3SBERBANK OF RUSSIA4.56%
4X5 RETAIL GROUP N.V3.27%
5SBERBANK OF RUSSIA2.99%
6GAZPROM NEFT ADR5/RL-00162.96%
7ETALON GROUP LTD2.93%
8VIMPELCOM LTD2.87%
9ALROSA ZAO2.7%
Management
Fund manager group
No data available.
Fund manager company
Metzler Ireland Ltd
Fund type
No data available.
Fund objective
The investment objective of the Fund is to increase the value of its investments over the long term. The Fund will invest predominantly in equities and equity related securities. At all times at least 51% of the Fund's assets will be invested in eastern European equities and equity related securities. It is not anticipated that the Fund will invest more than 35% in aggregate of the Net Asset Value of the Fund in locally traded Russian stocks. The Fund may use financial derivative instruments to gain and/or reduce exposure to currency markets.
Benchmark
  • MSCI EM Eastern Europe Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Markus Brück03/10/2000Markus Brück, born in 1962, joined Metzler as Senior Equity Portfolio Manager in 2002 and is member of the Equity Strategy Team. He is responsible for the Eastern European product. Before joining Metzler, he spent two years as Senior Portfolio Manager at Credit Suisse Asset Management in Frankfurt/Main, Germany where he was responsible for the branches Utilities, Chemistry and Automobiles. From 1999 to 2000, he worked as Senior Portfolio Manager at Zürich Investment Management GmbH in Frankfurt/Main, where he managed mutual and institutional funds. From 1994 to 1999, he worked as Senior Fund Manager at Deka Investment Management GmbH. Before that, he worked from 1991 to 1994 as an Equity Analyst at WestLB Capital Management GmbH in Düsseldorf/Germany. Mr. Brück holds a degree in Economics from the Justus Liebig University of Giessen, Germany.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Luxembourg, Norway, Offshore, Sweden
Metzler Eastern Europe A
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.73%
Bid price104.03
Offer price109.23
Mid price-
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMP25
Metzler Eastern Europe B
Initial charge5%
Annual charge0.9%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.09%
Bid price110.62
Offer price110.62
Mid price-
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGRZ0
Data provided by

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