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Somerset Emerging Markets Dividend Growth A Acc

Ranked 67 out of 144 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.

Objective

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.

Performance

Global Emerging Markets over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 5.8% -1.0% 6.0% 0.9%
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 13.4% -3.7% 12.0% 5.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
GBP Cash 9.69
Samsung Electronics Co Ltd ORD 4.02
Sanlam Ltd ORD 3.79
China Mobile Ltd ORD 3.72
OTP Bank Nyrt ORD 3.63
KT&G Corp ORD 3.46
Axis Bank Ltd ORD 3.35
HCL Technologies Ltd ORD 3.33
AAC Technologies Holdings Inc ORD 3.29
SK Hynix Inc ORD 3.21
31/08/2014

Registered For Sale In

  1. Finland
  2. United Kingdom

Fund Info

  • Launch date31/03/2010
  • Share Class size348Mn
  • Base currencyGBP
  • ISIN GB00B4Q07115

Purchase Info

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

Charges

  • Annual management1.0%
  • Initial investment5

Related News

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Vestra Wealth head of investment solutions Meena Lakshmanan has slashed her equity exposure by 10%, rotating most of this into cash as she looks to lock in profits.

Somerset Capital chief: Why we’ve imposed dilution levies

Somerset Capital chief Dominic Johnson reveals why Somerset opted for dilution levies to manage flows rather than launching investment trusts with fixed asset pools.

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).