Fact sheet: NN (L) LatinAmEq

Fund information
Fund name
NN (L) Latin America Equity X Cap USD
Fund manager company
NN Investment Partners (LUX)
Fund type
Offshore Fund
Fund managers
  • Eric Conradssince 06/01/2012
Fund objective
The fund invests in companies established, listed or traded in Latin America (including the Caribbean) or companies that have a strong exposure to the region due to their activities. Measured over a period of several years we aim to beat the performance of the benchmark MSCI EM Latin America 10/40 NR. The portfolio is primarily based on analyses of target companies, combined with our country and sector views. We see a prudent selection of individual stocks as the most important driver of stock prices. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.
Benchmark
  • MSCI EM Latin America 10/40 NR
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
14.5%
1 Year rank in sector
21/43
Sector
FO Equity - Latin America
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.41%
Fund size
£105m (£83m 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.
192
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity67.6%
Templeton Latin Amer37%
Fidelity Latin America34.2%
UBS (L)EqSIC-Brazil$34.2%
Parvest Equity Brazil32.4%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil59.3%
    Mexico26.8%
    Peru6%
    Chile4.7%
    Colombia2.1%
  • Financials37.5%
    Consumer Staples14.8%
    Materials13.6%
    Utilities8.9%
    Industrials7.9%
  • Brazilian Equities59.3%
    Mexican Equities26.8%
    Peruvian Equity6%
    Chilean Equities4.7%
    American Emerging Equities2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-8.2%-9.7%6%14.5%-27.1%-40.3%
Sector-9.4%-9.5%5%13.3%-27.6%-35.9%
Rank within sector12 / 4323 / 4317 / 4321 / 4322 / 4027 / 36
Quartile2nd3rd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund21.9%-31.7%-12.7%-17.6%6.5%
Sector21%-31.7%-12.5%-14%7.7%
Rank within sector19 / 4329 / 4219 / 4032 / 3827 / 35
Quartile2nd3rd2nd4th4th
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.
0.26
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
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%.
24.88
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.
5.4
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.
0.03
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.
0.95
Price movement
52 week high1659.43
52 week low1028.39
Current bid price-
Current offer price-
Current mid price1456.48
Region
1Brazil59.32%
2Mexico26.83%
3Peru6.01%
4Chile4.74%
5Colombia2.07%
6Canada1.03%
Industry sector
1Financials37.51%
2Consumer Staples14.76%
3Materials13.56%
4Utilities8.91%
5Industrials7.88%
6Energy7.51%
7Telecommunications Utilities6.03%
8Health Care2.45%
9Consumer Discretionary1.39%
Asset type
1Brazilian Equities59.32%
2Mexican Equities26.83%
3Peruvian Equity6.01%
4Chilean Equities4.74%
5American Emerging Equities2.07%
6Canadian Equities1.03%
Individual holdings
1ITAU UNIBANCO HLDG SA9.52%
2GRUPO FINANCIERO BANORTE SAB DE CV9.34%
3VALE SA7.72%
4PETROLEO BRASILEIRO SA PETROBRAS6.11%
5CREDICORP5.66%
6TELEFONICA BRASIL SA5.55%
7BANCO DO BRASIL3.52%
8ITAUSA INVESTIMENTOS ITAU SA3.26%
Management
Fund manager group
ING
Fund manager company
NN Investment Partners (LUX)
Fund type
Offshore Fund
Fund objective
The fund invests in companies established, listed or traded in Latin America (including the Caribbean) or companies that have a strong exposure to the region due to their activities. Measured over a period of several years we aim to beat the performance of the benchmark MSCI EM Latin America 10/40 NR. The portfolio is primarily based on analyses of target companies, combined with our country and sector views. We see a prudent selection of individual stocks as the most important driver of stock prices. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.
Benchmark
  • MSCI EM Latin America 10/40 NR
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
Eric Conrads06/01/2012
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, SRS, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Romania, Singapore, Slovakia, Sweden, Taiwan - Province Of China
NN (L) Latin America Equity I Cap EUR
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4548.78
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNZJ
NN (L) Latin America Equity I Cap EUR USD
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4882.44
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNZK
NN (L) Latin America Equity I Cap USD
Initial charge2%
Annual charge0.6%
Min single investment£250,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3025.63
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBSQ6
NN (L) Latin America Equity I Hedge Cap PLN
Initial charge2%
Annual charge0.6%
Min single investment£250,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12821.67
CurrencyPLN
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIQ8
NN (L) Latin America Equity I Hedge Cap PLN USD
Initial charge2%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3079.95
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHTO7
NN (L) Latin America Equity N Cap EUR
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price257.61
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFE5H
NN (L) Latin America Equity N Cap EUR USD
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price276.51
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFE5N
NN (L) Latin America Equity P Cap EUR
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price251.06
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV364
NN (L) Latin America Equity P Cap EUR USD
Initial charge3%
Annual charge1.5%
Min single investment£2,000
Min regular saving£666
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price269.48
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV365
NN (L) Latin America Equity P Cap USD
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1566.21
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIC58
NN (L) Latin America Equity P Dis USD
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1056.64
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIC59
NN (L) Latin America Equity X Cap HUF
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price37452.78
CurrencyHUF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKHR3
NN (L) Latin America Equity X Cap USD
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1456.48
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIF43
NN (L) Latin America Equity X HUF USD
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.28
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKHQ5
NN (L) Latin America Equity Y Cap USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price141.54
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11UU
Data provided by

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