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
6.4%
1 Year rank in sector
16/33
Sector
FO Equity - Emerging Europe
Yield
-
Fund size
£62m (£53m 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.
132
Top in this sector
Fund name1 Year
Baring Eastern Eur35.4%
JGF-Jupiter New Europe35.1%
Pictet Emerging Europe34.5%
Renasset Eastern European27.2%
Charlemagne Magna Eastn Eurpn26.6%
...more in FO Equity - Emerging Europe

Performance snapshot

Holdings snapshot

  • Russia41.5%
    Poland15.6%
    Turkey11.1%
    Others10.1%
    Greece4.7%
  • Energy17.3%
    Others15.9%
    Banks15.1%
    Materials11.6%
    Food & Drug Retailers10.3%
  • Russian Equities41.5%
    Polish Equities15.6%
    Turkish Equities11.1%
    International Equities10.1%
    Greek Equities4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%4.3%10.8%6.4%-10.2%-2.6%
Sector-0.6%3.9%8.7%6.5%-15.8%-5.4%
Rank within sector16 / 3318 / 3315 / 3316 / 3313 / 3218 / 30
Quartile2nd3rd2nd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund14.3%-0.1%-17.7%-8.9%20.2%
Sector14%-3.1%-22%-2.2%20%
Rank within sector18 / 3312 / 328 / 3231 / 3120 / 30
Quartile3rd2nd1st4th3rd
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.
2.08
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.
-0.01
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%.
17.27
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.
5
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.
0.44
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 high92.95
52 week low69.1
Current bid price91.24
Current offer price95.8
Current mid price-
Region
1Russia41.54%
2Poland15.6%
3Turkey11.12%
4Others10.09%
5Greece4.74%
6Czech Republic4.01%
7UK2.41%
8Portugal2.37%
9Money Market2.32%
Industry sector
1Energy17.34%
2Others15.85%
3Banks15.05%
4Materials11.64%
5Food & Drug Retailers10.34%
6Retail5.25%
7Media4.92%
8Financials4.63%
9Software4.39%
Asset type
1Russian Equities41.54%
2Polish Equities15.6%
3Turkish Equities11.12%
4International Equities10.09%
5Greek Equities4.74%
6UK Equities4.19%
7American Emerging Equities4.02%
8Czech Republic Equities4.01%
9Portuguese Equities2.37%
Individual holdings
1MAGNIT PJSC6.31%
2SBERBANK OF RUSSIA5.85%
3LUKOIL OAO5.55%
4NOVATEK OAO4.06%
5AKTSION.KOM.ALROSA RL0.503.34%
6KOMERCNI BANKA2.69%
7M VIDEO OJSC2.45%
8ETALON GROUP LTD2.4%
9GAZPROM NEFT ADR5/RL-00162.4%
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, United Kingdom, Ireland, Offshore
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 price91.24
Offer price95.8
Mid price-
CurrencyEUR
Price updated30/11/2016
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 price97.1
Offer price97.1
Mid price-
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGRZ0
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.