MI Somerset Emerging Markets Discovery A Inc GBP
Latest (Mid) Price:
GBX 103.50
Day Change:
+0.15%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 0.84 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 10,238,100.00 | Launch Date | 30/10/2019 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 50,000,000.00 | Total Expense Ratio (%) | 0.84 |
| ISIN | GB00BKPJ1T76 | Min Topup (£) | 5,000,000.00 | Ongoing Charge (%) | 0.8400 (on 09/06/2020) |
Fund Objective
The Fund seeks to achieve capital appreciation by mainly investing in an actively managed portfolio of smaller and mid cap emerging market securities.
Fund Managers
Mark Asquith
Mark is the Lead Manager of our Small & SMID Cap Strategies, having joined Somerset in 2007. Previously he worked at Lloyd George Management, where he was instrumental in helping to build the smaller companies product along with Edward Robertson and Jacob Rees-Mogg. He also had a focus on Latin America. Mark graduated from St Andrew’s University prior to joining Lloyd George Management in 2001.
Christopher White
Christopher is co-manager of the Small Mid Cap Strategy, having worked with Mark and Henrietta on the Small & Small Mid Cap Strategies since 2018. Christopher joined Somerset as an analyst covering EMEA in August 2016, having completed an MBA from Columbia Business School and graduated from the school’s Value Investing Program. He previously worked in investment banking for Goldman Sachs in London. Christopher graduated from Magdalen College, Oxford in 2010, where he read Classics. He is a CFA charterholder.
Asset Breakdown
| Name | Weight |
|---|---|
| Brazilian Equities | 12.00% |
| Chinese Equities | 12.00% |
| Egyptian Equity | 2.00% |
| European Emerging Equities | 1.00% |
| Global Emerging Market Equitie | 3.00% |
| Greek Equities | 2.00% |
| Indian Equities | 10.00% |
| Malaysian Equities | 2.00% |
| Mexican Equities | 8.00% |
| Money Market | 3.00% |
| Peruvian Equity | 3.00% |
| Polish Equities | 2.00% |
| Russian Equities | 3.00% |
| Saudi Arabian Equities | 2.00% |
| South African Equities | 7.00% |
| South Korean Equities | 6.00% |
| Taiwanese Equities | 12.00% |
| Turkish Equities | 2.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Brazil | 12.00% |
| China | 12.00% |
| Egypt | 2.00% |
| Georgia | 1.00% |
| Global Emerging Markets | 3.00% |
| Greece | 2.00% |
| India | 10.00% |
| Korea | 6.00% |
| Malaysia | 2.00% |
| Mexico | 8.00% |
| Money Market | 3.00% |
| Peru | 3.00% |
| Poland | 2.00% |
| Russia | 3.00% |
| Saudi Arabia | 2.00% |
| South Africa | 7.00% |
| Taiwan | 12.00% |
| Turkey | 2.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Communications | 10.00% |
| Consumer Discretionary | 19.00% |
| Consumer Staples | 11.00% |
| Financials | 23.00% |
| Health Care | 3.00% |
| Industrials | 5.00% |
| Information Technology | 14.00% |
| Materials | 6.00% |
| Money Market | 3.00% |
| Real Estate | 1.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ADVANTECH CO | 3.00% |
| BAJAJ AUTO LTD(NEW) | 3.00% |
| BOLSA MEXICANA DE VALORES SAB | 3.00% |
| COMPANIA DE MINAS BUENAVENTURA | 3.00% |
| HAPVIDA PARTICIPACOES INV SA | 3.00% |
| NCSOFT CORP | 3.00% |
| RHI MAGNESITA N.V. | 3.00% |
| ASPEED TECHNOLOGY INC | 2.00% |
| AUTOHOME INC | 2.00% |
| QUALITAS CONTROLADORA SAB DE C | 2.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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