Fact sheet: SEB 2 Russia

Fund information
Fund name
SEB 2 Russia C EUR
Fund manager company
SEB Asset Management SA
Fund type
No data available.
Fund managers
  • Pavel Lupandinsince 01/01/2016
  • Sulev Raiksince 16/02/2007
Fund objective
This equity fund invests mainly in companies listed or traded in Russia or companies that derive at least 40 percent of their sales or profit from Russia. The fund may also invest in companies that are listed or traded on regulated markets in the Commonwealth of Independent States and countries in the surrounding region or which derive at least 40 percent of their sales or profits from one or several of the eligible countries mentioned in the fund's prospectus. Our fundamental investment process enables us to identify what we regard as undervalued, good quality companies that have a healthy growth potential and a skilled management team. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • MSCI RUSSIA 10/40
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
75.9%
1 Year rank in sector
-
Sector
FO Equity - Europe Single Country
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.
2.12%
Fund size
£225m (£78m 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.
176
Top in this sector
Fund name1 Year
East Capital Russia83.6%
Pictet Russian Equities82.6%
SEB 2 Russia75.9%
Boost LevDAX 3x Daily ETP73.2%
HSBC GIF Russia Equity70.5%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Russia100%
  • Energy34%
    Basic Materials17%
    Financial Services13%
    Consumer Staples11%
    Telecommunications Utilities8%
  • Russian Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%16.4%28.3%75.9%28.3%0.1%
Sector2.5%9.7%9.6%23.9%26.7%52.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0.9%64.5%17.3%-41.3%-3%
Sector3.5%9.6%9.2%1.7%17.5%
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.
-3.23
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.
1.67
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.
0.16
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%.
27.7
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.
20.93
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.
-0.02
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.
0.5
Price movement
52 week high11.01
52 week low6.13
Current bid price-
Current offer price-
Current mid price10.71
Region
1Russia100%
Industry sector
1Energy34%
2Basic Materials17%
3Financial Services13%
4Consumer Staples11%
5Telecommunications Utilities8%
6Utilities5%
7Industrials4%
8Technology4%
9Real Estate2%
Asset type
1Russian Equities100%
Individual holdings
1SBERBANK OF RUSSIA9.22%
2LUKOIL PJSC8.07%
3ALROSA ZAO6.71%
4GAZPROM OAO6.45%
5ROSNEFT OIL CO5.66%
6MAGNIT PJSC4.19%
7X5 RETAIL GROUP N.V4.06%
8MMC NORILSK NICKEL PJSC3.83%
9TATNEFT PJSC3.49%
Management
Fund manager group
SEB Asset Management
Fund manager company
SEB Asset Management SA
Fund type
No data available.
Fund objective
This equity fund invests mainly in companies listed or traded in Russia or companies that derive at least 40 percent of their sales or profit from Russia. The fund may also invest in companies that are listed or traded on regulated markets in the Commonwealth of Independent States and countries in the surrounding region or which derive at least 40 percent of their sales or profits from one or several of the eligible countries mentioned in the fund's prospectus. Our fundamental investment process enables us to identify what we regard as undervalued, good quality companies that have a healthy growth potential and a skilled management team. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • MSCI RUSSIA 10/40
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Pavel Lupandin01/01/2016
Sulev Raik16/02/2007Sulev Raik hails from Estonia. He studied at Tallinn University of Technology and is currently a portfolio manager at SEB Invest with over 12 years of experience in the industry. Prior to this he was the head of sales and trading at Baltic Cresco Investment Group.
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Denmark, Estonia, Finland, France, United Kingdom, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Singapore, Sweden
SEB 2 Russia C EUR
Initial charge1%
Annual charge2%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price10.712
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ188
SEB 2 Russia C EUR NOK
Initial charge1%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)2.9%
Bid price-
Offer price-
Mid price95.9698
CurrencyNOK
Price updated30/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code066B
SEB 2 Russia C EUR SEK
Initial charge1%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)2.9%
Bid price-
Offer price-
Mid price101.97
CurrencySEK
Price updated30/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code066C
SEB 2 Russia C USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.34%
Bid price-
Offer price-
Mid price6.593
CurrencyUSD
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8N7
SEB 2 Russia C USD EUR
Initial charge-
Annual charge2%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.9%
Bid price-
Offer price-
Mid price6.593
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code066D
SEB 2 Russia C USD NOK
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.34%
Bid price-
Offer price-
Mid price55.6139
CurrencyNOK
Price updated30/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code066E
SEB 2 Russia C USD SEK
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.34%
Bid price-
Offer price-
Mid price59.091
CurrencySEK
Price updated30/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code066F
Data provided by

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