Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

First State Global Em Mkts Leaders A GBP Acc

Ranked 106 out of 144 in - Global Emerging Markets over 12 months
All calculations are in GBP

Managed by

Jonathan Asante

Jonathan Asante started his career as a teacher at the London School of Economics whilst doing postgraduate research. He then joined NatWest Group where he was an assistant researcher. In 1995 he joined Framlington where he was a global emerging markets fund manager and group economist. After a nine year stint at Framlington he joined First State Investments as a senior analyst and became head of global emerging market equities after several years of co-managing GEM portfolios with Angus Tulloch.

Tom Prew

Objective

The Fund aims to grow your investment. The Fund invests in shares of companies in emerging markets or whose business is predominantly based in emerging markets. This includes companies that are listed on exchanges in developed markets. The Fund invests in shares of large and mid sized companies in the region. These companies generally have a stock market value of at least US$1 billion. Emerging markets are countries considered to have social or business activity in the process of rapid growth.

Performance

Global Emerging Markets over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 6.2% 0.0% 4.1% 2.1%
2013 -0.7% 6.8% -4.5% -0.5% -2.1%
2012 18.1% 7.0% -1.1% 7.8% 3.6%
2011 -6.5% -5.3% 2.9% -9.6% 6.1%
2010 29.0% 7.8% -2.6% 11.2% 10.5%
2009 49.9% 5.0% 13.1% 21.7% 3.8%
2008 -18.8% -4.5% -3.2% -10.5% -1.9%
2007 28.0% 3.6% 9.6% 7.0% 5.3%
2006 16.7% 8.8% -10.6% 5.6% 13.6%
2005 43.4% 2.9% 10.0% 17.5% 7.9%
2004 6.7% 3.0% -9.4% 7.2% 6.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2014

Top 10 Holdings

Stock Size
Unilever PLC ORD 7.09
SABMiller PLC ORD 4.50
Samsung Fire & Marine Insurance Co Ltd ORD 4.32
Bank Polska Kasa Opieki SA ORD 3.92
Idea Cellular Ltd ORD 3.82
Standard Bank Group ORD 3.56
Tiger Brands Ltd ORD 3.31
Uni-President Enterprises Corp ORD 2.89
Tractebel Energia SA ORD 2.67
Weg SA ORD 2.61
31/03/2014

Registered For Sale In

  1. Austria
  2. Chile
  3. France
  4. Germany
  5. Italy
  6. Netherlands
  7. Sweden
  8. Switzerland
  9. United Kingdom

Fund Info

  • Launch date01/12/2003
  • Share Class size1,181Mn
  • Base currencyGBP
  • ISIN GB0033873919

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.5%
  • Initial investment4

Related News

Citywire Selection review: eight in, seven out - who made the cut?

Eight funds have been added and seven removed in our bi-annual review of Citywire Selection.

Asset allocation calls divide advisers amid bond fears

Fears of falling bond prices and continued poor performance in emerging markets have led advisers, such as FMB's Richard Hancock and Chadney Bulgin's Martin Green to diverging conclusions about their asset allocation.

Is Africa rediscovering its mojo as an investment opportunity?

Africa could be the next big economic growth story as it offers many untapped opportunities, but some investors, like Tamar IFA's Colin Last, are put off by the region’s political instability.

First State Global Emerging Markets Leaders

Adviser profile: Matt Baker of Enable Independent

Matt Baker and his fellow directors at Enable Independent are confident they have a sound strategy for growth, targeting the mid-market mass affluent through referrals and acquisition plans.

Fund of the Week: First State Global Emerging Markets Leaders

In the third of our Edinburgh Citywire Selection manager interviews we talk to First State Global Emerging Markets Leaders fund manager Citywire A-rated Jonathan Asante.

Six of the best investors give their views for 2012

Want to hear the views of six of the best from our Citywire Selection?

Fund of the Week: First State Global Emerging Markets Leaders

If you are looking for a defensive investment in volatile emerging markets, then First State's GEM fund is well worth considering.

China vs India: which will perform best?

Devan Kaloo, Jonathan Asante and other leading emerging markets fund managers disagree over which of the two nascent economic superpowers is set to perform best.

First State's Asante on why he is avoiding BRICs

Jonathan Asante, manager of the First State Global Emerging Market Leaders fund, believes the region's growth and increasing wealth story has further to run in the long term.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).