Fact sheet: RLP Fidelity EmEur ME&Afr Pn

Fund information
Fund name
RLP Fidelity Emerging Europe Middle East and Africa Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund manager
  • Fidelity Investmentssince 26/03/2010
Underlying fund
Fidelity EmEur Md Et Af
Fund objective
The aim is to achieve long term capital growth.It invests primarily in securities of companies having their head office or exercising a predominant part of their activity in the rapid growing and less developed countries of Central, Eastern and Southern Europe (including Russia), Middle East and Africa that are considered as emerging markets according to MSCI EM Europe, Middle East and Africa Index. It may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. The fund may use derivatives and forward transactions for investment purposes.
Benchmark
  • MSCI Emerging EMEA Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
25.1%
1 Year rank in sector
247/260
Sector
PN Global Emerging Markets
Yield
-
Fund size
£3m (£2m 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.
145
Bid price
123.6
Offer price
130.1
Top in this sector
Fund name1 Year
LV= Jupiter India Pn52.8%
OMW Jupiter India52.2%
FL Jupiter India EP52%
Zurich Jupiter India Pn51.9%
AXA Wealth Jupiter India Pn51.3%
...more in PN Global Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa45.3%
    Russia26.9%
    United Arab Emirates4.6%
    Others4.3%
    Turkey3.5%
  • Financials33.3%
    Consumer Discretionary24.7%
    Materials15.7%
    Consumer Staples12.1%
    Information Technology5.9%
  • South African Equities45.3%
    Russian Equities26.9%
    Emirian Equities4.6%
    International Equities4.3%
    African Equity4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%2%5.6%25.1%28.3%32.5%
Sector-0.5%5%2.6%32.9%38.5%38.1%
Rank within sector229 / 268234 / 26829 / 265247 / 260184 / 220138 / 187
Quartile4th4th1st4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.5%33.6%-11.7%-3.3%4.6%
Sector8.8%31.9%-8.5%3%-3.4%
Rank within sector249 / 268124 / 257175 / 245186 / 21828 / 200
Quartile4th2nd3rd4th1st
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.
-1.26
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.
0.86
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.
0.34
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%.
15.58
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.
8.13
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.
-0.36
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.
0.75
Price movement
52 week high129.9
52 week low90.8
Current bid price123.6
Current offer price130.1
Current mid price-
Region
1South Africa45.3%
2Russia26.9%
3United Arab Emirates4.6%
4Others4.3%
5Turkey3.5%
6Money Market3.3%
7Nigeria2.6%
8Poland2.6%
9Israel2.2%
Industry sector
1Financials33.3%
2Consumer Discretionary24.7%
3Materials15.7%
4Consumer Staples12.1%
5Information Technology5.9%
6Energy3.3%
7Money Market3.3%
8Telecommunications Utilities1%
9Industrials0.8%
Asset type
1South African Equities45.3%
2Russian Equities26.9%
3Emirian Equities4.6%
4International Equities4.3%
5African Equity4.1%
6Turkish Equities3.5%
7Money Market3.3%
8Polish Equities2.6%
9Israeli Equities2.2%
Individual holdings
1NASPERS10.03%
2SBERBANK OF RUSSIA9.9%
3DISCOVERY LTD8.14%
4STEINHOFF INTERNATIONAL HLDGS7.81%
5MAGMA OPEN JT STK CO4.34%
6BID CORPORATION LTD3.83%
7MAIL.RU GROUP LTD3.69%
8NOVOLIPETSK IRON AND STEEL CORP3.24%
9ABU DHABI COMMERCIAL BANK3.07%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The aim is to achieve long term capital growth.It invests primarily in securities of companies having their head office or exercising a predominant part of their activity in the rapid growing and less developed countries of Central, Eastern and Southern Europe (including Russia), Middle East and Africa that are considered as emerging markets according to MSCI EM Europe, Middle East and Africa Index. It may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. The fund may use derivatives and forward transactions for investment purposes.
Benchmark
  • MSCI Emerging EMEA Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Fidelity Investments26/03/2010
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
RLP Fidelity Emerging Europe Middle East and Africa Pn
Initial charge-
Annual charge1.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.31%
Bid price123.6
Offer price130.1
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeINJ7
Data provided by

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