Morningstar Fund Report  | 11/04/2025Print

Allspring (Lux) Worldwide Fund - Emerging Markets Equity Income Fund I EUR Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Allspring (Lux) Worldwide Fund - Emerging Markets Equity Income Fund I EUR Acc
Fund4.0-8.65.213.4-2.2
+/-Cat5.53.41.15.3-1.4
+/-B’mrk4.9-0.81.24.4-1.3
 
Category: Global Emerging Markets Equity
Category Benchmark: Morningstar EM TME NR USD
Key Stats
NAV
10/04/2025		 EUR 136.12
Day Change -3.56%
Morningstar Category™ Global Emerging Markets Equity
ISIN LU0791591232
Fund Size (Mil)
10/04/2025		 USD 104.88
Share Class Size (Mil)
10/04/2025		 EUR 0.01
Max Initial Charge -
Ongoing Charge
04/12/2024		  1.20%
Investment Objective: Allspring (Lux) Worldwide Fund - Emerging Markets Equity Income Fund I EUR Acc
The Sub-Fund seeks long-term capital appreciation and current income. It is a high-risk vehicle that may be suitable for investors who are seeking long-term capital appreciation and current income offered through investment in equities and who are prepared to experience higher levels of volatility in pursuit of higher returns. The Sub-Fund promotes environmental and social characteristics but does not have a sustainable investment objective.
Returns
Trailing Returns (GBP)10/04/2025
YTD-9.64
3 Years Annualised-0.64
5 Years Annualised5.83
10 Years Annualised3.44
12 Month Yield 0.00
Management
Manager Name
Start Date
Alison Shimada
29/06/2012
Elaine Tse
13/04/2018
Inception Date
29/06/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR USDMorningstar EM TME NR USD
Portfolio Profile for  Allspring (Lux) Worldwide Fund - Emerging Markets Equity Income Fund I EUR Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.150.0097.15
Bond0.000.000.00
Property0.000.000.00
Cash2.400.002.40
Other0.450.000.45
Top 5 Regions%
Asia - Emerging52.61
Asia - Developed27.56
Latin America8.70
Middle East4.16
Africa3.96
Top 5 Sectors%
Technology23.49
Financial Services22.27
Consumer Cyclical14.13
Communication Services12.57
Real Estate6.70
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology7.24
Tencent Holdings LtdCommunication ServicesCommunication Services6.15
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical5.22
MediaTek IncTechnologyTechnology2.46
Samsung Electronics Co LtdTechnologyTechnology2.45
Increase Decrease New since last portfolio
Allspring (Lux) Worldwide Fund - Emerging Markets Equity Income Fund I EUR Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Allspring (Lux) Worldwide Fund - Emerging Markets Equity Income Fund I EUR Acc
Category:  Global Emerging Markets Equity
Category Index:  Morningstar EM TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.2512.885.284.04-8.615.2213.44-2.22
+/- Category5.02-1.39-8.785.503.451.115.33-1.41
+/- Category Index1.21-1.48-8.624.91-0.771.244.42-1.35
% Rank in Category965851822311277
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.56   -2.59-5.44
1 Week-5.30   3.85-0.23
1 Month-7.49   2.860.16
3 Months-9.57   0.97-1.41
6 Months-11.97   -0.68-1.72
YTD-9.64   -0.28-2.06
1 Year-5.32   1.13-0.88
3 Years Annualised-0.64   0.66-0.45
5 Years Annualised5.83   1.630.52
10 Years Annualised3.44   0.24-0.72
 
Category: Global Emerging Markets Equity
Category Index: Morningstar EM TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-2.22---
20246.356.611.72-1.64
20231.48-1.680.994.44
2022-0.35-5.64-3.440.65
20214.712.55-2.80-0.32
2020-22.2013.723.1015.41
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage4 star
5-YearAbove AverageBelow Average4 star
10-YearAverageBelow Average4 star
OverallAverageBelow Average4 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.30 %
3-Yr Mean Return3.04 %
 
3-Yr Sharpe Ratio-0.08
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  Morningstar EM TME NR USD
3-Yr Beta0.990.99
3-Yr Alpha0.080.08
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 39700-
Market Capitalisation% of Equity
Giant55.16
Large32.95
Medium11.42
Small0.47
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.580.98
Price/Book1.530.93
Price/Sales1.430.96
Price/Cash Flow7.901.23
Dividend-Yield Factor3.851.21
 
Long-Term Projected Earnings Growth10.581.01
Historical Earnings Growth8.371.51
Sales Growth4.480.98
Cash-Flow Growth3.310.71
Book-Value Growth2.880.33
 
Category: Global Emerging Markets Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.150.0097.15
Bond0.000.000.00
Property0.000.000.00
Cash2.400.002.40
Other0.450.000.45
World Regions31/03/2025
 % of EquityRelative to Category
United States0.500.59
Canada0.000.00
Latin America8.700.95
United Kingdom0.000.00
Eurozone0.700.55
Europe - ex Euro0.000.00
Europe - Emerging1.810.82
Africa3.961.15
Middle East4.160.86
Japan0.000.00
Australasia0.00-
Asia - Developed27.560.95
Asia - Emerging52.611.08
 
Category: Global Emerging Markets Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.010.47
Consumer CyclicalConsumer Cyclical14.130.96
Financial ServicesFinancial Services22.270.92
Real EstateReal Estate6.703.45
Consumer DefensiveConsumer Defensive4.120.87
HealthcareHealthcare2.180.62
UtilitiesUtilities5.142.84
Communication ServicesCommunication Services12.571.22
EnergyEnergy1.060.34
IndustrialsIndustrials6.330.97
TechnologyTechnology23.490.95
 
Category: Global Emerging Markets Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings105
Total Number of Bond Holdings0
Assets in Top 10 Holdings31.38
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan7.24
Tencent Holdings Ltd308China6.15
Alibaba Group Holding Ltd Ordinary Sh... 102China5.22
MediaTek Inc311Taiwan2.46
Samsung Electronics Co Ltd311Korea, Republic Of2.45
Samsung Electronics Co Ltd Participat... 311Korea, Republic Of1.80
China Construction Bank Corp Class H103China1.63
Embassy Office Parks REIT104India1.55
Infosys Ltd ADR311India1.51
Etihad Etisalat Co JSC308Saudi Arabia1.37
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Equity
 
Management
Name of CompanyAllspring Global Investments Luxembourg S.A.
Phone-
Website -
AddressLuxembourg
 -   -
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date29/06/2012
Fund Advisor(s)
Allspring Funds Management, LLC
Fund ManagerAlison Shimada
Manager Start Date29/06/2012
Career Start Year1985
Education
Harvard University, M.B.A.
University of California, B.S.
 
Biography
Alison Shimada is a senior portfolio manager and head of the Total Emerging Markets Equity team at Allspring Global Investments. She joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to her current role, she served as a senior analyst covering areas of developing Europe and Africa. She began her responsibilities at WFAM as the head of equity research for the developed markets (EAFE) international equity team and as a senior investment analyst for Japan and Australia/New Zealand. Alison joined WFAM after serving as an investment officer of the University of California Regents-Office of the Treasurer. Her prior experience also includes serving as a portfolio manager specializing in Malaysian equities at Commerce Asset Fund Managers and as a senior equity analyst covering Japanese securities at Fidelity Investments Japan. Alison began her investment industry career in 1985. Alison began her investment industry career in 1985. She earned a bachelor’s degree in political economies of industrial societies from the University of California, Berkeley, and a master's degree in business administration from Harvard Business School.
Fund ManagerElaine Tse
Manager Start Date13/04/2018
Career Start Year1990
Education
University of Pennsylvania (Wharton), B.A.
Harvard Business School, M.B.A.
 
Biography
Elaine Tse is a senior portfolio manager for the Total Emerging Markets Equity team at Allspring Global Investments. She joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Elaine joined WFAM as a senior analyst responsible for North Asia after working as an investment analyst for Fidelity Investments Management Ltd. in Hong Kong. Prior to Fidelity, Elaine was a consultant at The Boston Consulting Group, Inc., in Hong Kong. She began her investment industry career in 1990. Elaine earned bachelor's degrees in communications and economics from the University of Pennsylvania and The Wharton School of Business, graduating magna cum laude. She also earned a master's degree in business administration from Harvard Business School. Elaine is fluent in Mandarin and Cantonese.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.95%
Ongoing Charge1.20%
Purchase Details
Minimum Investments
Initial1000000  EUR
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes