MI Somerset Emerging Markets Dividend Growth B Acc USD

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Quick Stats

Bid Price - Offer Price -
Mid Price USX 118.76 Day Change USX 0.07 (-0.40%)
Price Date 18 Oct 2019 Crown Rating 2
Shares Class Inc. Yield 2.48 %
Total Expense Ratio 1.17 Fund Size 852,221,500.00
Launch Date 29/03/2010 Standard Initial Charge (%) 0.00
Currency USX ISA Eligible No
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 1.17
ISIN GB00B4PV5H71 Min TopUp (£) 50,000.00
Ongoing Charge (%) 1.1700 Ongoing Charge Date 31/05/2019

Fund Objective

To achieve capital appreciation and income growth by mainly investing in an actively managed portfolio of dividend - paying emerging market securities.

Fund Managers

Edward Robertson

Edward Robertson - Lead Manager & Founder. Edward graduated in 1989 from the University of East Anglia. He worked in Hong Kong and London, before joining Lloyd George Management in 1999. Along with Jacob Rees-Mogg, Edward built the GEM product at Lloyd George Management. He also led the focus on the EMEA region and managed the top-performing Russian Fund - SIBINCO. Edward is lead manager for the EM large cap fund and co-manager of the EM Small Cap and Dividend Growth funds.

Edward Lam

Edward Lam is the Lead Manager of the Somerset Emerging Markets Dividend Growth Fund. Edward joined Somerset Capital Management LLP in November 2007 to cover EMEA and became responsible for managing the research process in 2008. Prior to joining the firm, Edward was a senior analyst at Lloyd George Management covering Asia for GEM mandates and Taiwan for all mandates. Edward is a graduate of Downing College, Cambridge.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
MARUTI SUZUKI INDIA LTD 4.62%
SK HYNIX INC 4.62%
SBERBANK OF RUSSIA 3.95%
KWEICHOW MOUTAI 3.93%
HOUSING DEVELOPMENT FINANCE CO 3.90%
COMPANIA CERVECERIAS UNIDAS SA 3.79%
OTP BANK 3.68%
PORTO SEGURO SA 3.59%
FIRST ABU DHABI BANK PJSC 3.55%
X5 RETAIL GROUP N.V 3.51%

Asset Breakdown

Name Weight
African Equity 0.94%
Brazilian Equities 7.77%
Chilean Equities 4.70%
Chinese Equities 4.46%
Emirian Equities 3.55%
Global Emerging Market Equitie 5.55%
Greek Equities 2.20%
Hungarian Equities 5.93%
Indian Equities 14.13%
Indonesian Equities 0.78%
Money Market 14.74%
Polish Equities 1.38%
Russian Equities 10.77%
South African Equities 3.14%
South Korean Equities 10.65%
Taiwanese Equities 7.15%
Turkish Equities 2.16%

Region Breakdown

Name Weight
Brazil 7.77%
Chile 4.70%
China 4.46%
Global Emerging Markets 5.55%
Greece 2.20%
Hungary 5.93%
India 14.13%
Indonesia 0.78%
Korea 10.65%
Money Market 14.74%
Nigeria 0.94%
Poland 1.38%
Russia 10.77%
South Africa 3.14%
Taiwan 7.15%
Turkey 2.16%
United Arab Emirates 3.55%

Sector Breakdown

Name Weight
Consumer Discretionary 6.50%
Consumer Staples 19.61%
Energy 6.08%
Financials 32.54%
Health Care 0.98%
Industrials 1.91%
Information Technology 14.74%
Money Market 14.74%
Real Estate 0.14%
Utilities 2.77%