MI Somerset Global Emerging Markets Fund B Accumulation USD shares

Performance History31/12/2020
Growth of 1,000 (GBP) Advanced Graph
MI Somerset Global Emerging Markets Fund B Accumulation USD shares
Fund32.522.9-10.716.712.8
+/-Cat2.3-0.60.62.5-1.3
+/-B’mrk-0.1-2.5-1.42.9-1.9
 
Key Stats
NAV
25/01/2021
 USD 1.57
Day Change 1.13%
Morningstar Category™ Global Emerging Markets Equity
ISIN GB00B3Z09429
Fund Size (Mil)
31/12/2020
 GBP 337.91
Share Class Size (Mil)
31/12/2020
 GBP 87.36
Max Initial Charge -
Ongoing Charge
31/05/2019
  0.96%
Morningstar Research
Analyst Report

Somerset Global Emerging Markets benefits from its close-knit team and a robust process. The clean share class retains its Morningstar Analyst Rating of Bronze. Other share classes are rated Neutral to Bronze. Manager Edward Robertson has been in...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAbove Average
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: MI Somerset Global Emerging Markets Fund B Accumulation USD shares
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.
Returns
Trailing Returns (GBP)25/01/2021
YTD6.37
3 Years Annualised6.77
5 Years Annualised16.72
10 Years Annualised-
12 Month Yield 0.77
Management
Manager Name
Start Date
Edward Robertson
17/11/2008
Inception Date
30/04/2013
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR GBPMSCI EM NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  MI Somerset Global Emerging Markets Fund B Accumulation USD shares31/12/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.810.0098.81
Bond0.000.000.00
Property0.000.000.00
Cash1.190.001.19
Other0.000.000.00
Top 5 Regions%
Asia - Emerging50.56
Asia - Developed23.36
Latin America13.82
Europe - Emerging4.46
Africa3.78
Top 5 Sectors%
Technology29.21
Consumer Cyclical20.80
Financial Services19.33
Communication Services10.63
Consumer Defensive8.68
Top 5 HoldingsSector%
Midea Group Co Ltd Class ATechnologyTechnology5.88
Samsung Electronics Co LtdTechnologyTechnology5.75
Taiwan Semiconductor Manufacturi... TechnologyTechnology5.23
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical4.96
Tencent Holdings LtdCommunication ServicesCommunication Services4.62
MI Somerset Global Emerging Markets Fund B Accumulation USD shares

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies