Fact sheet: VAM Emerging Markets Growth

Fund information
Fund name
VAM Emerging Markets Growth A USD
Fund manager company
VAM Funds (LUX)
Fund type
Offshore Fund
Fund manager
  • Howard Schwabsince 01/08/2007
Fund objective
The investment objective of the fund is to maximize capital appreciation over each full market cycle. To achieve this objective the fund will invest primarily in equity securities of companies in emerging markets. The fund may invest in companies with limited operating histories.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
10.9%
1 Year rank in sector
226/257
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.
2.99%
Fund size
£26m (£42m 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.
115
Top in this sector
Fund name1 Year
Charlemagne Magna Nw Frt59.4%
RWC Gbl Emerging Mkts44.1%
GAM Star Nth of Sth EM Eq43.8%
Jul Baer Mltistck Emerg Eq43.3%
T. Rowe Price Fntr Mkts Eq39%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China19.1%
    India11.4%
    Taiwan8.9%
    Korea8.6%
    Brazil7.8%
  • Financials28.9%
    Information Technology26.8%
    Consumer Discretionary9.4%
    Energy6.6%
    Utilities6%
  • Chinese Equities19.1%
    Indian Equities11.4%
    Taiwanese Equities8.9%
    South Korean Equities8.6%
    Brazilian Equities7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.4%6.2%3.9%10.9%-7.1%2.7%
Sector1.5%7.1%6.3%19.6%6.4%7.4%
Rank within sector70 / 273174 / 272213 / 268226 / 257192 / 213131 / 166
Quartile2nd3rd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund11.8%2.5%-13.2%-7.4%7.4%
Sector12.1%10.7%-14.3%-1.4%-0.7%
Rank within sector155 / 272216 / 253130 / 230193 / 20633 / 181
Quartile3rd4th3rd4th1st
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.
-4.79
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.
0.88
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%.
12.79
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.
4.56
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.
-1.09
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.
0.89
Price movement
52 week high99.24
52 week low86
Current bid price-
Current offer price-
Current mid price99.72
Region
1China19.12%
2India11.36%
3Taiwan8.94%
4Korea8.58%
5Brazil7.84%
6Russia4.97%
7South Africa4.87%
8Indonesia3.7%
9Hong Kong3.59%
Industry sector
1Financials28.85%
2Information Technology26.82%
3Consumer Discretionary9.37%
4Energy6.64%
5Utilities6.03%
6Consumer Staples4.68%
7Materials4.65%
8Industrials3.73%
9Real Estate3.3%
Asset type
1Chinese Equities19.12%
2Indian Equities11.36%
3Taiwanese Equities8.94%
4South Korean Equities8.58%
5Brazilian Equities7.84%
6Russian Equities4.97%
7South African Equities4.87%
8Indonesian Equities3.7%
9Hong Kong Equities3.59%
Individual holdings
1ALIBABA GROUP HLDG LTD5.62%
2TENCENT HLDGS LIMITED4.06%
3POWER GRID CORP OF INDIA2.77%
4POWER GRID CORP OF INDIA2.77%
5TAIWAN SEMICONDUCTOR MANUFACTURING2.63%
6HDFC BANK LTD2.57%
7SAMSUNG ELECTRONICS CO GDR EACH REP 1/2 N/VTG PFD 144A/REG`S2.55%
8PING AN INSURANCE(GR)CO OF CHINA2.41%
9SBERBANK OF RUSSIA2.27%
Management
Fund manager group
VAM Funds
Fund manager company
VAM Funds (LUX)
Fund type
Offshore Fund
Fund objective
The investment objective of the fund is to maximize capital appreciation over each full market cycle. To achieve this objective the fund will invest primarily in equity securities of companies in emerging markets. The fund may invest in companies with limited operating histories.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Howard Schwab01/08/2007Howard Schwab is the lead portfolio manager for the Emerging Markets Growth strategy. In his role as lead portfolio manager, he is responsible for the strategy's portfolio construction. He is also involved in analyzing macro-level trends and associated market risks. Mr. Schwab has been quoted in numerous financial outlets, including the Wall Street Journal, Morningstar.com and Smart Money. He has also appeared as a guest contributor on Bloomberg TV.
Compliance
Transparent for Austrian Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Luxembourg, Offshore, Singapore, Sweden, South Africa
VAM Emerging Markets Growth A USD
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.72
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ494
VAM Emerging Markets Growth B USD
Initial charge5%
Annual charge1.75%
Min single investment£20,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.31
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ493
VAM Emerging Markets Growth E USD
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.43
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHXS3
Data provided by

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