TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED
8.89
SAMSUNG ELECTRONICS CO. LTD
5.86
TENCENT HOLDINGS LIMITED
4.55
NU HOLDINGS
3.23
MERCADOLIBRE
2.58
AIA GROUP LIMITED
2.45
HDFC BANK LIMITED
2.40
BANCO BILBAO VIZCAYA ARGENTARIA S.A.
2.36
KIA MOTORS CORP
2.25
SK HYNIX INC
2.24
Total
36.82
Fund Aims
To provide long term capital growth by investing primarily in equity
and equity-linked securities of emerging markets companies.
Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate.
Fund Manager
Leon Eidelmanmanager
for
11 years
and 5 months
Leon Eidelman, managing director, is a portfolio manager within the Emerging Markets and Asia Pacific (EMAP) Equities team based in New York. An employee since 2002, Leon is a member of the group of global emerging markets portfolio managers responsible for the fundamental, bottom-up portfolios, including the GEM Discovery and GEM Focused strategies. He is lead manager of the GEM Discovery strategy and is a portfolio manager on the GEM Focused strategy. Leon holds a B.A. in Economics with a concentration in Finance from Cornell University and is a CFA Charterholder.
Austin Foreymanager
for
27 years
Austin Forey, managing director, is a portfolio manager for the Global Emerging Markets (GEM) Focused strategy within the Emerging Markets and Asia Pacific (EMAP) Equities team based in London. An employee since 1988, Austin has fulfilled his role as a GEM portfolio manager since 1994. Prior to this he worked in the U.K. team, where he was deputy head of U.K. research. Before this, Austin worked as a research analyst covering engineering, and subsequently all financial sectors, including property; his other responsibilities included the co-management of a mid-cap investment trust, and two specialist unit trusts. Austin obtained a B.A. in Modern Languages from Cambridge University, and earned a Ph.D. in Modern Languages from Cambridge University.
Fund Overview
Mid (26/07/2024)
154.60p
Historic yield
0.64%
Fund size (29/02/2024)
£2229.95m
Number of holdings
183
Entry Charge
0.00%
Ongoing Charges
1.15%
Launch date
14/12/2010
Asset Allocation
International Equities
95.56%
Alternative Trading Strategies
0.08%
Money Market
0.02%
International Bonds
0.02%
UK Corporate Bonds
0.00%
Cash and Equivalents
-0.01%
Other Assets
4.33%
Portfolio data accurate as at: 29/02/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
International Equities
95.56%
Alternative Trading Strategies
0.08%
Money Market
0.02%
International Bonds
0.02%
UK Corporate Bonds
0.00%
Cash and Equivalents
-0.01%
Other Assets
4.33%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Technology
24.30%
-
-
-
Technology
-
24.30%
-
-
Technology Hardware & Equipment
-
-
15.25%
-
Semiconductors
-
-
-
15.25%
Software & Computer Services
-
-
9.05%
-
Consumer Digital Services
-
-
-
4.55%
Computer Services
-
-
-
4.51%
Financials
23.78%
-
-
-
Banks
-
16.27%
-
-
Banks
-
-
16.27%
-
Banks
-
-
-
16.27%
Financial Services
-
4.48%
-
-
Finance & Credit Services
-
-
4.48%
-
Consumer Lending
-
-
-
4.48%
Insurance
-
3.02%
-
-
Life Insurance
-
-
3.02%
-
Life Insurance
-
-
-
3.02%
Consumer Discretionary
19.22%
-
-
-
Consumer Products & Services
-
7.42%
-
-
Consumer Services
-
-
2.58%
-
Consumer Services: Misc.
-
-
-
2.58%
Leisure Goods
-
-
1.82%
-
Electronic Entertainment
-
-
-
1.82%
Personal Goods
-
-
1.75%
-
Clothing & Accessories
-
-
-
0.95%
Cosmetics
-
-
-
0.81%
Household Goods & Home Construction
-
-
1.27%
-
Household Appliance
-
-
-
1.27%
Travel & Leisure
-
6.00%
-
-
Travel & Leisure
-
-
6.00%
-
Restaurants & Bars
-
-
-
1.71%
Casinos & Gambling
-
-
-
1.70%
Hotels & Motels
-
-
-
1.31%
Airlines
-
-
-
1.27%
Retail
-
3.55%
-
-
Retailers
-
-
3.55%
-
Diversified Retailers
-
-
-
3.55%
Automobiles & Parts
-
2.25%
-
-
Automobiles & Parts
-
-
2.25%
-
Automobiles
-
-
-
2.25%
Consumer Staples
8.98%
-
-
-
Personal Care, Drug & Grocery Stores
-
6.71%
-
-
Personal Care, Drug & Grocery Stores
-
-
6.71%
-
Food Retailers & Wholesalers
-
-
-
4.53%
Drug Retailers
-
-
-
1.15%
Personal Products
-
-
-
1.04%
Food, Beverage & Tobacco
-
2.26%
-
-
Beverages
-
-
1.58%
-
Soft Drinks
-
-
-
1.16%
Brewers
-
-
-
0.41%
Food Producers
-
-
0.69%
-
Food Products
-
-
-
0.69%
Industrials
7.58%
-
-
-
Industrial Goods & Services
-
6.37%
-
-
Industrial Engineering
-
-
3.33%
-
Machinery: Industrial
-
-
-
2.17%
Machinery: Tools
-
-
-
1.16%
General Industrials
-
-
1.45%
-
Glass
-
-
-
0.80%
Paints & Coatings
-
-
-
0.65%
Electronic & Electrical Equipment
-
-
0.98%
-
Electrical Components
-
-
-
0.98%
Aerospace & Defence
-
-
0.61%
-
Defense
-
-
-
0.61%
Construction & Materials
-
1.20%
-
-
Construction & Materials
-
-
1.20%
-
Cement
-
-
-
1.20%
Telecommunications
7.31%
-
-
-
Telecommunications
-
7.31%
-
-
Telecommunications Equipment
-
-
5.86%
-
Telecommunications Equipment
-
-
-
5.86%
Telecommunications Service Providers
-
-
1.44%
-
Telecommunications Services
-
-
-
1.44%
Non-Classified
4.33%
-
-
-
Health Care
2.22%
-
-
-
Health Care
-
2.22%
-
-
Medical Equipment & Services
-
-
1.63%
-
Medical Equipment
-
-
-
1.63%
Health Care Providers
-
-
0.58%
-
Health Care Facilities
-
-
-
0.58%
Energy
1.36%
-
-
-
Energy
-
1.36%
-
-
Non-Renewable Energy
-
-
1.36%
-
Integrated Oil & Gas
-
-
-
1.36%
Basic Materials
0.82%
-
-
-
Basic Resources
-
0.82%
-
-
Industrial Metals & Mining
-
-
0.82%
-
Nonferrous Metals
-
-
-
0.82%
Alternative Trading Strategies
0.08%
-
-
-
Alternative Trading Strategies
-
0.08%
-
-
Alternative Trading Strategies
-
-
0.08%
-
Alternative Trading Strategies
-
-
-
0.08%
Bonds
0.02%
-
-
-
Cash and Equivalents
0.01%
-
-
-
Regional Allocation
Emerging Asia
44.45%
North America
24.63%
South & Central America
10.59%
Developed Asia
5.19%
Middle East & Africa
4.65%
Developed Europe - Excl UK
4.52%
Non-Classified
4.41%
Emerging Europe
1.53%
Cash and Equivalents
0.01%
Australia & New Zealand
0.01%
Fixed Interest Currencies
Non-Fixed Interest Assets
100.08%
Pound Sterling
0.02%
Cash
-0.10%
Regional Breakdown
Expand allCollapse all
Region
Country
Emerging Asia
44.45%
-
India
-
13.02%
China
-
11.74%
South Korea
-
10.36%
Taiwan
-
5.46%
Indonesia
-
3.87%
North America
24.63%
-
United States
-
24.62%
Canada
-
0.01%
South & Central America
10.59%
-
Brazil
-
5.89%
Mexico
-
4.70%
Developed Asia
5.19%
-
Hong Kong
-
5.19%
Middle East & Africa
4.65%
-
South Africa
-
4.65%
Developed Europe - Excl UK
4.52%
-
Spain
-
2.36%
Portugal
-
1.46%
Luxembourg
-
0.70%
France
-
0.00%
Non-Classified
4.41%
-
Emerging Europe
1.53%
-
Turkey
-
1.53%
Cash and Equivalents
0.01%
-
Australia & New Zealand
0.01%
-
Australia
-
0.01%
Breakdown By Market Cap (%)
Mega
50.25%
Large
18.54%
Medium
4.73%
Non-Classified
26.45%
Bonds
0.02%
Cash
0.01%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED
8.89%
Technology Hardware & Equipment
United States
2
SAMSUNG ELECTRONICS CO. LTD
5.86%
Telecommunications Equipment
South Korea
3
TENCENT HOLDINGS LIMITED
4.55%
Software & Computer Services
China
4
NU HOLDINGS
3.23%
Finance & Credit Services
United States
5
MERCADOLIBRE
2.58%
Consumer Services
United States
6
AIA GROUP LIMITED
2.45%
Life Insurance
Hong Kong
7
HDFC BANK LIMITED
2.40%
Banks
India
8
BANCO BILBAO VIZCAYA ARGENTARIA S.A.
2.36%
Banks
Spain
9
KIA MOTORS CORP
2.25%
Automobiles & Parts
South Korea
10
SK HYNIX INC
2.24%
Technology Hardware & Equipment
South Korea
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
-
24.30%
-
-
-
-
-
-
24.30%
Telecommunications
-
7.31%
-
-
-
-
-
-
7.31%
Financials
-
23.78%
-
-
-
-
-
-
23.78%
Consumer Discretionary
-
19.22%
-
-
-
-
-
-
19.22%
Consumer Staples
-
8.98%
-
-
-
-
-
-
8.98%
Energy
-
1.36%
-
-
-
-
-
-
1.36%
Health Care
-
2.22%
-
-
-
-
-
-
2.22%
Industrials
-
7.58%
-
-
-
-
-
-
7.58%
Basic Materials
-
0.82%
-
-
-
-
-
-
0.82%
Cash and Equivalents
-
-
-
-
-
-
-
-0.01%
-0.01%
Bonds
-
-
-
0.02%
-
-
-
-
0.02%
Non-Classified
-
-
-
-
-
-
4.41%
0.02%
4.44%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B1YX4W1
Mex Code
C5JEBI
Isin Code
GB00B1YX4W10
Citi Code
MDB6
Fund Charges
Entry Charge
0.00%
Ongoing Charges
1.15%
Aims and Benchmark
Aims
To provide long term capital growth by investing primarily in equity
and equity-linked securities of emerging markets companies.
Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate.
Benchmark
MSCI Emerging Markets Index (Net)
Benchmark Category
-
IA Sector
Global Emerging Markets
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
ICVC
Launch price
£0.50
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 February
30 April
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
Internal
Fund Registrar
Internal
Fund Custodian
Internal
Group Details
Group name
JPMorgan Asset Management
Group address
60 Victoria Embankment
London
EC4Y 0JP
United Kingdom
Group telephone
0800 727 770
Dealing telephone
0207 742 9909
Email
ifaenquiry@jpmorgan.com
Homepage
www.jpmorganassetmanagement.com/
Fax number
0207 742 9010
Dealing
Minimum Investment
£1000000
Minimum Top Up
£100000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.