Fact sheet: UBAM Turkish Equity

Fund information
Fund name
UBAM Turkish Equity AC USD
Fund manager company
Union Bancaire Privee
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
This sub-fund primarily invests its net assets in equities and other similar transferable securities in addition to, on an ancillary basis, warrants on transferable securities, convertible bonds or bonds with warrants on transferable securities, bonds and other debt securities or money market instruments, issued primarily by companies (i) having the registered office or (ii) carrying on the major part of their economic activity, or (iii) as holding companies owning predominant interests in companies with their registered office in Turkey. The net asset value is expressed in USD.
Benchmark
  • MSCI Turkey IMI 10/40
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-19%
1 Year rank in sector
82/91
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.
2.39%
Fund size
£9m (£25m 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.
220
Top in this sector
Fund name1 Year
Pictet Russian Equities68.4%
HSBC GIF Russia Equity53.8%
Baring Russia52.4%
Pictet Russia Index48.5%
East Capital Russia30.2%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Turkey100%
  • Financials35.6%
    Consumer Staples20%
    Materials12%
    Industrials11.5%
    Consumer Discretionary11%
  • Turkish Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-15.5%-15.8%-18.1%-19%-33.9%-11.5%
Sector-1%-0.4%2.5%-0.4%14.6%56.8%
Rank within sector91 / 9392 / 9391 / 9382 / 9180 / 8272 / 77
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-12.7%-31.9%30.6%-25.4%64.6%
Sector3.6%9.2%1.7%17.5%18.4%
Rank within sector85 / 9388 / 895 / 8276 / 792 / 77
Quartile4th4th1st4th1st
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.
-10.63
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.
-0.03
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%.
25.78
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.
23.51
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.
-0.58
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.
0.15
Price movement
52 week high103.36
52 week low73.76
Current bid price-
Current offer price-
Current mid price73.86
Region
1Turkey100%
Industry sector
1Financials35.6%
2Consumer Staples20%
3Materials12%
4Industrials11.5%
5Consumer Discretionary11%
6Real Estate3.6%
7Energy2.8%
8Utilities2.4%
9Telecommunications1.1%
Asset type
1Turkish Equities100%
Individual holdings
1T.TUBORG BIRA9.2%
2TURKIYE GARANTI BANKASI8.8%
3AKBANK T.A.S.5.4%
4BIZIM TOP SAT5.1%
5TURKIYE IS BANKASI4.9%
6YAPI VE KREDI BANKASI AS4.6%
7TURKIYE HALK BANKASI A.S4.5%
8EMLAK KONUT GAYRIMENKUL YATIRIM ORT3.6%
9EGE SERAMIK SANAYI VE TICARET AS3.3%
Management
Fund manager group
Union Bancaire Privee
Fund manager company
Union Bancaire Privee
Fund type
Offshore Fund
Fund objective
This sub-fund primarily invests its net assets in equities and other similar transferable securities in addition to, on an ancillary basis, warrants on transferable securities, convertible bonds or bonds with warrants on transferable securities, bonds and other debt securities or money market instruments, issued primarily by companies (i) having the registered office or (ii) carrying on the major part of their economic activity, or (iii) as holding companies owning predominant interests in companies with their registered office in Turkey. The net asset value is expressed in USD.
Benchmark
  • MSCI Turkey IMI 10/40
Investment style
None
Investment method
Shares
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
UBAM Turkish Equity AC EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.38%
Total expense ratio (TER)2.38%
Bid price-
Offer price-
Mid price88.96
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIVA1
UBAM Turkish Equity AC EUR GBP
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.38%
Total expense ratio (TER)2.38%
Bid price-
Offer price-
Mid price98.6981
CurrencyGBP
Price updated13/02/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF11E
UBAM Turkish Equity AC USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.39%
Bid price-
Offer price-
Mid price73.86
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKCG5
UBAM Turkish Equity AD EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.39%
Bid price-
Offer price-
Mid price86.97
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKAR4
UBAM Turkish Equity AD EUR GBP
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.39%
Bid price-
Offer price-
Mid price97.9436
CurrencyGBP
Price updated13/02/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF11F
UBAM Turkish Equity AD EUR USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.39%
Bid price-
Offer price-
Mid price92.26
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKAR3
UBAM Turkish Equity IC EUR
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price93.92
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05R3
UBAM Turkish Equity IC EUR GBP
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price102.8404
CurrencyGBP
Price updated13/02/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF11G
UBAM Turkish Equity IC EUR USD
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price99.64
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05R4
UBAM Turkish Equity IC USD
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price77.49
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIUZ9
UBAM Turkish Equity IPC EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price94.71
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ1F4
UBAM Turkish Equity IPC USD
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price78.42
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMGN3
UBAM Turkish Equity RC USD
Initial charge3%
Annual charge2.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.15%
Total expense ratio (TER)3.15%
Bid price-
Offer price-
Mid price72.42
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG3AT
UBAM Turkish Equity UC USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price86.26
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4ND
Data provided by

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