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 31/07/2007
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
-1.5%
1 Year rank in sector
218/258
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.
2.75%
Fund size
£40m (£50m 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.
119
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs43.3%
GAM Star Nth of Sth EM Eq36.7%
HSBC GIFEconScaleIxGEMEq33.6%
Templeton BRIC29.9%
Jul Baer Mltistck Emerg Eq29.4%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China18.2%
    Brazil11.6%
    Korea9.7%
    Taiwan7.1%
    India7%
  • Financials31.4%
    Information Technology21.7%
    Consumer Discretionary7.8%
    Consumer Staples6.2%
    Telecommunications Utilities5.8%
  • Chinese Equities18.2%
    Brazilian Equities11.6%
    South Korean Equities9.7%
    Taiwanese Equities7.1%
    Indian Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.7%-8.6%0.3%-1.5%-17.6%-3.6%
Sector-4.5%-3%6.8%5.3%-8.9%0.2%
Rank within sector162 / 263247 / 266221 / 263218 / 258186 / 209122 / 160
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.2%-13.2%-7.4%7.4%14.3%
Sector8.9%-14.3%-1.4%-0.7%14.2%
Rank within sector213 / 258133 / 241200 / 21529 / 189113 / 161
Quartile4th3rd4th1st3rd
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.
-3.83
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.
0.89
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%.
13.01
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.
4.66
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.
-0.76
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 low78.09
Current bid price-
Current offer price-
Current mid price88.9
Region
1China18.23%
2Brazil11.59%
3Korea9.73%
4Taiwan7.05%
5India6.95%
6Russia6.8%
7USA5.57%
8Hong Kong4.18%
9Mexico3.68%
Industry sector
1Financials31.41%
2Information Technology21.67%
3Consumer Discretionary7.8%
4Consumer Staples6.24%
5Telecommunications Utilities5.81%
6Industrials5.39%
7Utilities5.04%
8Others4.85%
9Energy4.59%
Asset type
1Chinese Equities18.23%
2Brazilian Equities11.59%
3South Korean Equities9.73%
4Taiwanese Equities7.05%
5Indian Equities6.95%
6Russian Equities6.8%
7US Equities5.57%
8Hong Kong Equities4.18%
9Mexican Equities3.68%
Individual holdings
1TENCENT HLDGS LIMITED6%
2ALIBABA GROUP HLDG LTD4.29%
3AIA GROUP LTD3.72%
4HDFC BANK LTD3.71%
5SAMSUNG ELECTRONICS CO3.25%
6TAIWAN SEMICONDUCTOR MANUFACTURING2.83%
7CHINA MOBILE LTD2.08%
8UNILEVER NV2.03%
9PING AN INSURANCE(GR)CO OF CHINA1.95%
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 Schwab31/07/2007Howard 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 charge2.25%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.9
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ494
VAM Emerging Markets Growth B USD
Initial charge5%
Annual charge2.25%
Min single investment£20,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)2.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.41
CurrencyUSD
Price updated01/12/2016
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)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.42
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHXS3
Data provided by

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