MI Somerset Global Emerg Mkts B Acc (FUND:B3KL3W6) - Fund price - Overview

Fund Report

MI Somerset Global Emerging Markets Fund B Accumulation shares

Key Stats
Morningstar® CategoryGlobal Emerging Markets Equity
Manager Name-
Inception Date17/11/2008
NAV 18/01/2019GBX 253.88
Day Change0.38%
12 Month Yield1.71%
ISINGB00B3KL3W60
SEDOLB3KL3W6
Dividend FrequencySemi-Annually
Net Assets (mil) 30/11/2018312.46 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time09:00:00
Regular InvestmentYes
Actual Initial Charge0.30%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.89%
AMC0.75%
Fund Rebate0.30%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 30/11/2018

Benchmarks

Fund Benchmark

MSCI EM NR GBP

Morningstar® Benchmark

MSCI EM NR USD

Morningstar Analyst Rating™

Bronze

Growth Of 10,000 (GBP) 31/12/2018

How has this security performed
201320142015201620172018
Fund-2.932.52-10.0033.8222.49-10.98
Category-3.213.25-9.4230.1923.52-11.27
Benchmark-4.413.90-9.9932.6325.40-9.27
  • Fund: MI Somerset Global Emerging Markets Fund B Accumulation shares
  • Category: Global Emerging Markets Equity
  • Benchmark: MSCI EM NR USD
Trailing Returns % (GBP) 18/01/2019
FundCatBmark
YTD3.363.994.06
3 Years Annualised17.3617.3819.73
5 Years Annualised7.457.288.49
10 Years Annualised9.659.9910.69

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund seeks to achieve capital appreciation by mainly investing in an actively managed portfolio of emerging market securities. The portfolio will consist principally of quoted equity securities, issued by companies established or operating in emerging market countries, principally in Asia, Eastern Europe, the Middle East, Africa and Latin America. The Fund may also invest at the Manager’s discretion in other transferable securities, money market instruments, cash and near cash, depositary receipts, derivative instruments and forward transactions, deposits and shares in other collective investment schemes.

Portfolio Profile30/11/2018

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Itau Unibanco Holding SA Participating Preferred Financial Services5.50
Tencent Holdings Ltd Technology5.36
ICICI Bank Ltd Financial Services4.90
Samsung Electronics Co Ltd Technology4.30
LIC Housing Finance Ltd Financial Services3.96
Asset Allocation %
LongShortNet
Stocks97.390.0097.39
Bonds0.000.000.00
Cash2.610.002.61
Other0.000.000.00
Top Stock Regions
Region%
Asia - Emerging42.91
Asia - Developed20.73
Latin America15.12
Europe - Emerging9.72
Africa6.04
Top Stock Sectors
Stock Sector%
Financial Services36.22
Technology32.38
Consumer Cyclical15.13
Consumer Defensive15.08
Healthcare1.18
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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