Fact sheet: Renasset Ottoman

Fund information

Fund name
Renasset Ottoman AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager(s)
Aziz Unan
since 03/01/2006
Fund objective
The Fund seeks long-term capital appreciation through investment primarily in a portfolio of Emerging European securities. The Fund may also invest opportunistically Middle East and North Africa region securities from time to time. The Fund manager specialises in investment in Emerging Europe and uses a bottom-up approach that incorporates both stock and sector views. The stock-picking style uses proprietary valuation models, target prices, stock market capitalisation, liquidity and view on management’s quality.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

11.27 %

1 Year rank in sector

244/258

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 45.2 m

FE Risk score

144

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Turkey
    44.6%
  • Russia
    39.8%
  • Czech Republic
    6.8%
  • Poland
    2.9%
  • Romania
    1.7%
  • Financials
    27.8%
  • Energy
    13.5%
  • Materials
    9.5%
  • Telecommunications
    9.1%
  • Consumer Staples
    9%
  • Turkish Equities
    44.6%
  • Russian Equities
    39.8%
  • Czech Republic Equities
    6.8%
  • Polish Equities
    2.9%
  • European Emerging Equities
    2.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.1 %4.11 %11.27 %39.21 %0 %
Sector-0.61 %8.09 %24.21 %20.06 %17.15 %
Rank within sector198 / 278217 / 267244 / 25839 / 208 /
Quartile th3 rd4 th4 th1 st th

Calendar performance

YTD-20172016201520142013
Fund9.67 %36.78 %-5.32 %-13.77 %0 %
Sector24.59 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector251 / 2616 / 23642 / 209186 / 190 /
Quartile th4 th1 st1 st4 th th

Risk statistics

Alpha3.46
Beta0.9
Sharpe0.17
Volatility17.6
Tracking error12.94
Information ratio0.18
R-Squared0.47

Price movement

52 week high10.6
52 week low8.75
Current bid price0
Current offer price0
Current mid price9.87

Holdings by region

  • 44.6% Turkey
  • 39.8% Russia
  • 6.8% Czech Republic
  • 2.9% Poland
  • 1.7% Romania
  • 1.4% Money Market
  • 1.2% Greece
  • 1.1% Ukraine
  • 0.4% Others
  • 0.1% Austria

Holdings by sector

  • 27.8% Financials
  • 13.5% Energy
  • 9.5% Materials
  • 9.1% Telecommunications
  • 9% Consumer Staples
  • 8% Industrials
  • 6.8% Consumer Discretionary
  • 4.9% Real Estate
  • 4.3% Utilities
  • 2.9% Others

Holdings by asset type

  • 44.6% Turkish Equities
  • 39.8% Russian Equities
  • 6.8% Czech Republic Equities
  • 2.9% Polish Equities
  • 2.8% European Emerging Equities
  • 1.4% Money Market
  • 1.2% Greek Equities
  • 0.4% International Equities
  • 0.1% Austrian Equities

Individual holdings

  • 8.2% SBERBANK OF RUSSIA
  • 5.5% LUKOIL OAO
  • 4.2% KARSAN OTOMOTIVE SANAY II VE TICARE
  • 4.1% TURKIYE VAKIFLAR BANKASI TAO
  • 3.6% HALKBANK SKOPJE
  • 3.6% NOVOLIPETSK IRON AND STEEL CORP
  • 2.9% EUROCASH SA
  • 2.9% GAZPROM OAO
  • 2.8% MTS SYSTEMS CORP
  • 2.6% CETV