Fact sheet: Baring MENA

Fund information

Fund name
Baring MENA A Inc NAV GBP
Fund company manager
Baring Intl Fund Mgr (Ire) Ltd
Fund type
SIB
Fund manager
Michael Levy
since 01/01/2017
Fund objective
The objective of the Fund is to achieve long-term capital growth in the value of assets by investing in the Middle East and North Africa (“MENA”).
Benchmark
MSCI Arabian Markets ex Saudi Arabia Total, Net Return
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

8.84 %

1 Year rank in sector

9/12

Sector

FO Equity - MENA

Yield
-
Fund size

£ 4.9 m

FE Risk score

120

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • United Arab Emirates
    32.1%
  • Qatar
    15%
  • Turkey
    10.3%
  • Saudi Arabia
    10%
  • Kuwait
    9.7%
  • Financials
    39.8%
  • Consumer Staples
    15.2%
  • Real Estate
    12.4%
  • Health Care
    10.5%
  • Telecommunications Utilities
    9.1%
  • Emirian Equities
    32.1%
  • Qatari Equities
    15%
  • Turkish Equities
    10.3%
  • Saudi Arabian Equities
    10%
  • Kuwaiti Equities
    9.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.11 %2.18 %8.84 %8.84 %68.95 %
Sector2.17 %9.79 %12.43 %-7.25 %36.35 %
Rank within sector10 / 1212 / 129 / 123 / 123 / 10
Quartile th4 th4 th3 rd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund3.84 %16.81 %-13.74 %19.58 %24.85 %
Sector8.94 %5.07 %-14.96 %12.24 %20.23 %
Rank within sector11 / 122 / 127 / 124 / 115 / 10
Quartile th4 th1 st3 rd2 nd2 nd

Risk statistics

Alpha5.12
Beta0.84
Sharpe0.01
Volatility14.15
Tracking error9.32
Information ratio0.54
R-Squared0.58

Price movement

52 week high14.77
52 week low13.04
Current bid price0
Current offer price0
Current mid price14.64

Holdings by region

  • 32.1% United Arab Emirates
  • 15% Qatar
  • 10.3% Turkey
  • 10% Saudi Arabia
  • 9.7% Kuwait
  • 8.7% Egypt
  • 5.6% Money Market
  • 5.6% UK
  • 2.5% Kenya
  • 0.5% Others

Holdings by sector

  • 39.8% Financials
  • 15.2% Consumer Staples
  • 12.4% Real Estate
  • 10.5% Health Care
  • 9.1% Telecommunications Utilities
  • 5.9% Industrials
  • 5.6% Cash & Cash Equivalents
  • 1.5% Energy

Holdings by asset type

  • 32.1% Emirian Equities
  • 15% Qatari Equities
  • 10.3% Turkish Equities
  • 10% Saudi Arabian Equities
  • 9.7% Kuwaiti Equities
  • 8.7% Egyptian Equity
  • 5.6% Money Market
  • 5.6% UK Equities
  • 2.5% African Equity
  • 0.5% International Equities

Individual holdings

  • 10% ULKER BISKUVI SANAYI AS
  • 9% ALDAR PROPERTIES
  • 8% NATIONAL BANK OF KUWAIT
  • 7% OOREDOO QSC
  • 6% DP WORLD LTD
  • 5% NMC HEALTH PLC
  • 4% EMAAR PROPERTIES
  • 3% COMMERCIAL INTL BANK(EGYPT)S.A.E
  • 2% FIRST ABU DHABI BANK PJSC
  • 1% QATAR NATIONAL BANK