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MI SOMERSET GLOBAL EMERGING MARKETS SCREENED A

MI SOMERSET GLOBAL EMERGING MARKETS SCREENED A - Overview

Overview of MI SOMERSET GLOBAL EMERGING MARKETS SCREENED A

This fund aims to provide capital growth through investing in a concentrated portfolio of companies established or operating in emerging market countries, but excluding investments in the tobacco industry, which are typically countries that are still developing their economies.

  • Standard Initial Charge 5.00%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector Global Emerging Markets
Structure OEIC
Launched March, 2017
Size £51m
Yield 1.2%
Charging basis Capital
Dividends paid

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.01%

A dilution levy of 0.3% will be charged on entry to or exit from the Fund, this is to cover costs associated with your transaction.

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 98
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 2
Allocation Proportion(%)
UK 1
Europe 3
North America 0
Japan 0
Pacific 21
Emerging Markets 75
Allocation Proportion(%)
Large Caps 85
Mid Caps 14
Small Caps 1

View all performance data for this fund

Investment process

No information available.

Live feed

Bid price(inc) 108.23p
Accum units 121.34p
Fund commentary
Fund data updated on 09/12/21

Asset allocation

Allocation Proportion(%)
Equity 98
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 2

Equity Geographic

Allocation Proportion(%)
UK 1
Europe 3
North America 0
Japan 0
Pacific 21
Emerging Markets 75

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 85
Mid Caps 14
Small Caps 1

Top 10 holdings

As at: 31/10/2021
6.6091%Icici Bank
6.266%Taiwan Semiconductor Manufacturing
5.573%Samsung Electronics Co
5.4855%Tencent Hldgs Ltd
5.0216%Infosys Ltd
4.6734%Yandex Nv
4.2519%Aia Group Ltd
4.1196%China Mengniu Dairy Co Ltd
3.7346%Alibaba Group Hldg Ltd
3.6755%Midea Group Co Ltd
Source: Trustnet

Sector breakdown

Information Technology 25%
Financials 21%
Consumer Discretionary 20%
Communications 15%
Consumer Staples 10%
Health Care 4%
Money Market 3%
Industrials 2%

Portfolio details

No information available.

Constraints

No information available.

Average monthly relative returns Bestinvest MRI
17/18 18/19 19/20 20/21 21/22   3 years 5 years Career 3 years 5 years Career
-0.28% -0.36% 0.44% -0.43% -0.18%   -0.06% -0.16% -0.17% 53.60% 32.60% 33.30%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Edward Robertson

Manager. No information available.

Track record

Edward Robertson has 12.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.17%. During the worst period of relative performance (from January 2009 - August 2021) there was a decline of 28% relative to the index. The worst absolute loss has been 22%.

Periods of worst performance
Absolute -22% (July 2019 - March 2020)
Relative -28% (January 2009 - August 2021)

Other funds managed

Sector record since January 2009 (13 yrs)




About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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