Fact sheet: Polar Capital Em Mkts Inc

Fund information
Fund name
Polar Capital Emerging Markets Income I Acc USD
Fund manager company
Polar Capital
Fund type
OEIC
Fund managers
  • William Calvertsince 21/01/2011
  • Neil Denmansince 21/01/2011
  • Ming Kempsince 21/01/2011
Fund objective
The Fund aims to generate an attractive and growing dividend income through a portfolio of emerging market equities, without sacrificing the growth characteristics of the asset class.
Benchmark
  • MSCI Emerging Markets TR Index
Investment style
None
Investment method
Mixed
Quick stats
1 Year return
5.1%
1 Year rank in sector
-
Sector
FO Equity - Emerging Markets
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.
1.21%
Fund size
£325m (£335m 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.
120
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs45.7%
GAM Star Nth of Sth EM Eq38.9%
HSBC GIFEconScaleIxGEMEq37.1%
Templeton BRIC35.8%
Jul Baer Mltistck Emerg Eq31.9%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China19.6%
    Others17.3%
    India13.5%
    Korea10.8%
    Taiwan10.6%
  • Financials23.9%
    Information Technology13.2%
    Industrials12.3%
    Telecommunications Utilities9.7%
    Consumer Discretionary9.1%
  • Chinese Equities19.6%
    International Equities17.3%
    Indian Equities13.5%
    South Korean Equities10.8%
    Taiwanese Equities10.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.2%-3.4%5.8%5.1%-13.3%5.9%
Sector-4.6%-1.8%7.9%6.8%-7.8%1.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund8.7%-18.6%-0.4%-2.3%27.1%
Sector9.9%-14.3%-1.4%-0.7%14.2%
Rank within sector-----
Quartile
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.
-2.11
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.
1.02
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%.
14.53
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.
4.65
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.
-0.49
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.
0.9
Price movement
52 week high10.63
52 week low7.99
Current bid price-
Current offer price-
Current mid price9.92
Region
1China19.6%
2Others17.3%
3India13.5%
4Korea10.8%
5Taiwan10.6%
6Brazil5.4%
7Thailand5.1%
8Mexico4.9%
9Russia4.7%
Industry sector
1Financials23.94%
2Information Technology13.2%
3Industrials12.34%
4Telecommunications Utilities9.7%
5Consumer Discretionary9.14%
6Consumer Staples7.28%
7Health Care5.53%
8Utilities5.19%
9Money Market4.5%
Asset type
1Chinese Equities19.6%
2International Equities17.3%
3Indian Equities13.5%
4South Korean Equities10.8%
5Taiwanese Equities10.6%
6Brazilian Equities5.4%
7Thai Equities5.1%
8Mexican Equities4.9%
9Russian Equities4.7%
Individual holdings
1SAMSUNG ELECTRONICS CO2.82%
2TAIWAN SEMICONDUCTOR MANUFACTURING2.68%
3CHINA MOBILE LTD2.57%
4KT&G CORP2.55%
5POWER GRID CORP OF INDIA2.53%
6POWER GRID CORP OF INDIA2.53%
7GUANGDONG INVESTMENT2.31%
8SHANGHAI INDUSTRIAL HLDGS2.15%
9Religare Health Trust NPV2.13%
Management
Fund manager group
Polar Capital
Fund manager company
Polar Capital
Fund type
OEIC
Fund objective
The Fund aims to generate an attractive and growing dividend income through a portfolio of emerging market equities, without sacrificing the growth characteristics of the asset class.
Benchmark
  • MSCI Emerging Markets TR Index
Investment style
None
Investment method
Mixed
Fund managers
NameSinceBiography
William Calvert21/01/2011William joined Polar Capital in October 2010 as a Fund Manager to establish the Emerging Markets investment team. William has over 20 years’ experience in emerging markets and prior to joining Polar Capital he spent thirteen years at AXA Framlington, where he was head of the emerging markets desk, working on both dedicated emerging markets portfolios and as part of the global investment team. He was portfolio manager for the AXA Framlington Emerging Markets Fund from 2004 until his departure. He joined AXA Framlington from LCF Edmond de Rothschild Securities where he was part of the country fund broking team. Prior to this he was a fund manager with Citibank, Municipal Mutual Insurance and English Association. William has a degree in Economics from Bristol University.
Neil Denman21/01/2011Neil joined Polar Capital in October 2010 as a Fund Manager. Prior to joining Polar Capital, Neil spent 2 years at AXA Framlington, where he was a portfolio manager within the emerging markets team. Previously he worked at Hexam Capital Partners from 2006 until 2008 as co-manager of the global resources absolute return fund. Between 2004 and 2006 he was UK investment analyst at Baring Asset Management. Neil began his career as a graduate trainee at Framlington between 2001 and 2004. Neil has a degree in Environmental Biogeoscience from Leeds University.
Ming Kemp21/01/2011Ming joined Polar Capital in October 2010 as a Fund Manager. Prior to joining Polar Capital, Ming spent five years at AXA Framlington as an Asian specialist, managing Asian equity portfolios for global emerging market funds and global balanced funds. Following a postgraduate career in China, Ming moved to London in 1990. Ming took up a position as an equity investment analyst at American Express Asset Management in 1995. She moved to Sarasin Investment Management in 1999 as a senior equity analyst for the Asia Pacific Market, before joining AXA Framlington in 2005. Ming has a Masters in Business Administration.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Polar Capital Emerging Markets Income I Acc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price9.35
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMMD8
Polar Capital Emerging Markets Income I Acc GBP
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price7.94
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMME0
Polar Capital Emerging Markets Income I Acc USD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price9.92
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMME2
Polar Capital Emerging Markets Income I Inc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price7.47
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMMD9
Polar Capital Emerging Markets Income I Inc GBP
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price6.34
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMME1
Polar Capital Emerging Markets Income I Inc USD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price7.92
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMME3
Polar Capital Emerging Markets Income R Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price9.09
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMME4
Polar Capital Emerging Markets Income R Acc GBP
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price7.72
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMME6
Polar Capital Emerging Markets Income R Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price9.64
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMME8
Polar Capital Emerging Markets Income R Inc EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price7.3
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMME5
Polar Capital Emerging Markets Income R Inc GBP
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price6.2
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMME7
Polar Capital Emerging Markets Income R Inc USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price7.75
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMME9
Polar Capital Emerging Markets Income S Acc EUR
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price9.1
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YO4
Polar Capital Emerging Markets Income S Acc GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price7.73
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YO6
Polar Capital Emerging Markets Income S Acc USD
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price9.66
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YO8
Polar Capital Emerging Markets Income S Inc EUR
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price7.6
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YO5
Polar Capital Emerging Markets Income S Inc GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price6.45
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YO7
Polar Capital Emerging Markets Income S Inc USD
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price8.06
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YO9
Data provided by

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