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Somerset Emerging Markets Dividend Growth A Acc

Ranked 16 out of 150 in - Global Emerging Markets over 12 months
All calculations are in GBP

Managed by

Edward Lam

Equities expert, Edward Lam is the lead manager of the Somerset Emerging Markets Dividend Growth Fund. He defines his investment style as bottom up and growth focused. He also runs institutional mandates. Prior to joining the firm, Edward was a senior analyst at Lloyd George Management covering Asia for GEM mandates with a special focus on Taiwan. Edward studied history at Downing College, Cambridge.


The Fund seeks to achieve capital appreciation and income growth by mainly investing in an actively managed portfolio of dividend-paying 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 Investment Manager’s discretion in other transferable securities, money market instruments, cash and near cash, depositary receipts, derivative instruments and forward transactions, deposits, and derivatives for the purpose of hedging or efficient portfolio management.


Global Emerging Markets over : 28/02/2014 - 28/02/2015

Total Return

Quarterly Performance

to 01/01/2015 Annual Q1 Q2 Q3 Q4
2014 9.1% -1.0% 6.0% 0.9% 3.2%
2013 -2.6% 4.4% -3.0% -2.3% -1.6%
2012 16.4% 8.3% -3.4% 5.1% 6.0%
2011 -5.4% -4.6% 2.9% -10.0% 7.1%
2010 -3.7% 12.0% 5.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
GBP Cash 13.11
Sanlam Ltd ORD 4.02
Samsung Electronics Co Ltd ORD 3.97
Axis Bank Ltd ORD 3.96
China Mobile Ltd ORD 3.95
OTP Bank Nyrt ORD 3.53
Powszechny Zaklad Ubezpieczen SA ORD 3.30
SK Hynix Inc ORD 3.26
HCL Technologies Ltd ORD 3.23
Pou Chen Corp ORD 2.67

Registered For Sale In

  1. Finland
  2. United Kingdom

Fund Info

  • Launch date31/03/2010
  • Share Class size412Mn
  • Base currencyGBP
  • ISIN GB00B4Q07115

Purchase Info

  • Min. initial investment200,000
  • Min. additional investment0


  • Annual management1.0%
  • Initial investment5

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Performance review: why Saunderson House is sceptical on Japan

Japan’s disappointing fourth-quarter GDP growth figures have convinced Saunderson House investment director Christopher Sexton that Japan’s ‘Abenomics’ turnaround plan is not really working.

Somerset GEM star Lam: beware the market’s ‘reckless boredom’

Edward Lam, the Citywire AA-rated manager of the £403 million Somerset Emerging Markets Dividend Growth fund, has urged investors to shun ‘concept stocks’ trading at high valuations.

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