GAM Emerging Equity Inst Acc GBP

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Quick Stats

Bid Price - Offer Price -
Mid Price GBP 10.65 Day Change GBP +0.04 (0.41%)
Price Date 12 Nov 2019 Crown Rating 3
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 1.10 Fund Size 770,100,000.00
Launch Date 26/06/2017 Standard Initial Charge (%) 0.00
Currency GBP ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 1.10
ISIN GB00BYQJ5H00 Min TopUp (£) 0.00
Ongoing Charge (%) 1.1500 Ongoing Charge Date 07/08/2019

Fund Objective

The investment objective of the Fund is to provide capital appreciation by investing at least 85% of its net assets in GAM Multistock – Emerging Equity (the “Master Fund”), the investment objective of which is to achieve long-term capital growth. For this purpose, the Master Fund invests at least two thirds of its assets in carefully selected shares and other equity securities of companies in emerging economies. Through the link between the Shanghai and Hong Kong stock exchanges (Shanghai-Hong Kong Stock Connect), the Fund can invest directly in Chinese A shares. In addition, investments in China B and H shares can be built up.

Fund Managers

Tim Love

Tim Love is the Investment Director responsible for GAM's emerging markets equity strategies. Prior to joining GAM in February 2012, he was a senior portfolio manager at CQS/Oceanwood where he managed long/short emerging markets equities. Prior to this, he managed a global long/short equity fund at Cazenove Capital Management. Previously, Tim Love held sell-side positions as head of global equity strategy at Deutsche Bank, head of strategy for global emerging markets at SG Securities Ltd, and head of emerging markets strategy and research at ING Baring Securities Ltd. Before that, he managed emerging markets equities portfolios at BlackRock (formerly Merrill Lynch Investment Managers) and at HSBC Asset Management. Tim Love holds a BA in Accountancy and Politics and trained as a chartered accountant at Pricewaterhouse. He is based in London.

Joaquim Nogueira

Joaquim Nogueira is an Investment Manager in GAM's Emerging Markets Equity team. Prior to joining GAM in January 2012, he was a portfolio manager at CQS/Oceanwood where he worked on long/short emerging markets equities with Tim Love. Prior to this, he worked with Mr Love on a global long/short equity fund at Cazenove Capital Management.Previously, Joaquim Nogueira worked on the sell-side as director of global equity strategy in the global emerging markets equity strategy team at Deutsche Bank, and as vice-president of global emerging markets strategy at SG Securities Ltd. He began his career on the sell-side as a senior analyst at ING Barings Securities Ltd in 1996, working with Mr Love on the global sector and Latin American strategy and research team. Joaquim Nogueira holds an MBA from Cass Business School, and an MSc in Mathematics with a specialisation in probabilities and statistics from the Instituto Superior Tecnico in Lisbon. He is based in London.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
TENCENT HLDGS LTD 5.86%
ALIBABA GROUP HLDG LTD 5.31%
SAMSUNG ELECTRONICS CO 3.28%
PING AN INSURANCE(GR)CO OF CHI 2.29%
LUKOIL PJSC 1.73%
PETROLEO BRASILEIRO SA PETROBR 1.68%
NASPERS 1.65%
BANCO DO BRASIL 1.61%
BANCO BRADESCO SA 1.50%
RELIANCE INDUSTRIES 1.46%

Asset Breakdown

Name Weight
Brazilian Equities 9.10%
Chinese Equities 28.90%
Global Equities 25.40%
Indian Equities 9.60%
Money Market 21.10%
Russian Equities 5.10%
South African Equities 3.30%
South Korean Equities 9.40%
Taiwanese Equities 7.60%

Region Breakdown

Name Weight
Brazil 9.10%
China 28.90%
India 9.60%
Korea 9.40%
Money Market 21.10%
Others 25.40%
Russia 5.10%
South Africa 3.30%
Taiwan 7.60%

Sector Breakdown

Name Weight
Consumer Discretionary 11.40%
Energy 6.10%
Financials 25.30%
Industrials 5.20%
Information Technology 15.20%
Materials 5.80%
Money Market 21.10%
Others 8.20%
Telecommunications Utilities 10.10%