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FIRST STATE GLOBAL EMERGING MARKETS LEADERS A - Portfolio

Bestinvest rating 5 stars


Asset allocation

first state global emerging markets leaders a asset allocation illustration
Allocation Proportion
Equity 93%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 7%

Equity Geographic

first state global emerging markets leaders a equity geographic illustration
Allocation Proportion
UK 4%
Europe 9%
Nth America 0%
Japan 0%
Pacific 34%
Other Equity 53%

Equity Capitalisation

first state global emerging markets leaders a equity capitalisation illustration
Allocation Proportion
Large Caps 75%
Mid Caps 25%
Small Caps 0%

Top 10 holdings

As at: 31/03/2012
4.7% Taiwan Semiconductor Co
4.5% Anheuser-busch Inbev Sa
4.1% Samsung Fire & Marine
3.9% Tiger Brands
3.8% Hong Kong & China Gas Co
2.7% Standard Bank Group
2.7% Axiata Group Bhd
2.6% Sabmiller
2.6% Holcim
2.6% Spar Group Inc
Source: Trustnet

Equity by sector

Consumer Staples 32%
Financials 13%
Telecommunications Utilities 12%
Information Technology 12%
Utilities 11%
Money Market 7%
Consumer Discretionary 4%
Materials 4%
Industrials 3%
Health Care 2%

As at: 31/03/2012
50.9% Emerging Asia
25.1% Middle East/ Africa
17.3% Latin America
6.6% Money Market
Source: Trustnet

Portfolio details


30-60 portfolio positions. Stock weights are a function of conviction. Cash levels should not normally exceed 5%.

Constraints


Maximum of 30% in each of the larger markets of China, Korea, Taiwan, Mexico, Brazil, Israel and South Africa; other countries tiered for 20% and 10% maximums depending on size
The portfolio usually has very little commonality with the benchmark and so performance can be expected to differ markedly on occasions.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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