ASI Emerging Markets Equity Income P1

  • 84.96p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 110.30p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.99%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 2.60%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 11 June 2021

Fund summary

Sector Global Emerging Markets
Structure OEIC
Launched December, 2012
Size £911m
Yield 2.60%
Charging basis Capital
Dividends paid Mar, Jun, Sep, Dec

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.99%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.03%
  • 20/21 0.26%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.34%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 95.90%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Matthew William

Williams graduated from Durham University in 1998, where he achieved a BA (Hons) in Economics. He also joined Standard Life Investments in 1998 and has subsequently gained experience analysing and managing funds across Japan, Asia and emerging markets. In addition, he holds a diploma in Investment Analysis from the UK Society of Investment Professionals and holds the Chartered Financial Analysts qualification

Track record

Matthew William has 4.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.34%. During the worst period of relative performance (from June 2014 - October 2018) there was a decline of 9% relative to the index. The worst absolute loss has been 20%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 96%.

Periods of worst performance

Absolute -20.00% (December 2019 - March 2020)
Relative -9.00% (June 2014 - October 2018)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Top 10 holdings

Data accurate as at 30 June 2020

8.3% Samsung Electronics Co
7% Alibaba Group Hldg Ltd
6.4% Taiwan Semiconductor Manufacturing
6.4% Tencent Hldgs Limited
3.7% China Construction Bank
3.7% Ping An Insurance(Gr)Co Of China
2.5% China Merchants Bank Co Ltd
2.3% Sands China Ltd
2% Sk Hynix Inc
1.9% Lg Chem
Source: Trustnet

Sector breakdown

Information Technology 22.00%
Financials 21.00%
Consumer Discretionary 15.00%
Communications 14.00%
Industrials 7.00%
Materials 5.00%
Consumer Staples 5.00%
Real Estate 4.00%
Energy 4.00%
Money Market 3.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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