POLAR CAPITAL EMERGING MARKETS INCOME I GBP

Targets both income and long term capital growth from investing in emerging markets

  • 693.00p Price (Inc)
  • 984.00p Price (Acc)
  • 0.00% 0.00%

    Initial charge
  • 1.00% Annual management charge
  • 1.24% Ongoing charges
  • 3.70% Yield

Fund data last updated 15 November 2019

Fund summary

Sector Global Emerging Markets
Structure OFFSHORE FUND
Launched January, 2011
Size £111m
Yield 3.70%
Charging basis
Dividends paid 31 Jan, 31 Jul

Charges

Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.24%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

The Fund’s investment objective is to achieve both income and long term capital growth. The Fund will achieve its investment objective by investing in securities of issuers that are incorporated, have their headquarters, or exercise a significant part of their economic activities in markets/countries which are, in the Investment Manager's opinion, emerging markets/developing countries.

Manager research

Average monthly relative returns

Bestinvest MRI

14/15 15/16 16/17 17/18 18/19 3 years 5 years Career 3 years 5 years Career
0.00% 0.00% 0.16% -0.11% 0.00% 0.00% 0.00% -0.37% 0.00% 0.00% 14.00%

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

William Calvert

Calvert joined Polar in July 2010 after 13 years service at AXA Framlington. With nearly 15 years experience in emerging markets, Calvert joined AXA Framlington in April 1997 to head up the emerging markets fund management desk working on both dedicated emerging market portfolios and as part of the Global Investment team. He had previously worked at LCF Edmond de Rothschild Securities where he was part of the country fund broking team. Before that he was a fund manager with Citibank, Municipal Mutual Insurance and English Association (which later became PK Banken). Calvert was educated at Marlborough College, Wiltshire, and Bristol University, qualifying with a BSc in Economics.

Track record

William Calvert has 3.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.37%. During the worst period of relative performance (from February 2002 - February 2003) there was a decline of 23% relative to the index. The worst absolute loss has been 46%.

Periods of worst performance

Absolute -46.00% (February 2002 - January 2003)
Relative -23.00% (February 2002 - February 2003)

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

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Key Investor Documents

Download