Morningstar Fund Report  | 11/04/2025Print

CT (Lux) Responsible Global Emerging Markets Equity Fund R Acc GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
CT (Lux) Responsible Global Emerging Markets Equity Fund R Acc GBP
Fund1.9-15.83.46.8-5.0
+/-Cat3.4-3.8-0.7-1.3-4.2
+/-B’mrk2.8-8.0-0.6-2.3-4.1
 
Category: Global Emerging Markets Equity
Category Benchmark: Morningstar EM TME NR USD
Key Stats
NAV
09/04/2025		 GBP 12.63
Day Change -1.79%
Morningstar Category™ Global Emerging Markets Equity
IA (formerly IMA) Sector Specialist
ISIN LU1526063463
Fund Size (Mil)
08/04/2025		 USD 213.58
Share Class Size (Mil)
08/04/2025		 USD 18.27
Max Initial Charge -
Ongoing Charge
01/04/2025		  1.00%
Investment Objective: CT (Lux) Responsible Global Emerging Markets Equity Fund R Acc GBP
The purpose of the Portfolio is to provide a medium through which investors may participate in an actively managed portfolio, primarily invested in equity and equity-related securities of companies in emerging markets worldwide. The Portfolio may, as described below, invest in companies which are listed or traded on a recognised exchange in emerging market countries worldwide, which have, in the opinion of the Investment Manager, the potential for generating long term returns and contribute to or benefit from the sustainable economic development of the emerging market countries. The subscription proceeds relating to the different Classes of Shares in issue shall be invested in one common underlying portfolio of investments. Each Class of Shares will have a proportional entitlement to the assets (and liabilities) of the Portfolio (calculated according to the prevailing Net Asset Values of each Class).
Returns
Trailing Returns (GBP)09/04/2025
YTD-13.96
3 Years Annualised-4.30
5 Years Annualised0.61
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Gokce Bulut
11/10/2018
Claire Franklin
01/03/2023
Click here to see others
Inception Date
25/11/2016

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR EURMorningstar EM TME NR USD
Portfolio Profile for  CT (Lux) Responsible Global Emerging Markets Equity Fund R Acc GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock101.460.00101.46
Bond0.000.000.00
Property0.000.000.00
Cash6.497.95-1.46
Other0.000.000.00
Top 5 Regions%
Asia - Emerging45.76
Asia - Developed32.97
Latin America8.63
Eurozone5.85
Africa2.59
Top 5 Sectors%
Technology33.30
Financial Services20.13
Consumer Cyclical14.77
Industrials9.23
Healthcare8.95
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.66
FPT CorpTechnologyTechnology4.85
BYD Co Ltd Class HConsumer CyclicalConsumer Cyclical3.47
Xiaomi Corp Class BTechnologyTechnology3.35
SK Hynix IncTechnologyTechnology3.05
Increase Decrease New since last portfolio
CT (Lux) Responsible Global Emerging Markets Equity Fund R Acc GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  CT (Lux) Responsible Global Emerging Markets Equity Fund R Acc GBP
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-3.3610.578.161.94-15.823.386.76-4.97
+/- Category7.92-3.70-5.893.39-3.76-0.73-1.35-4.16
+/- Category Index4.11-3.79-5.732.80-7.98-0.60-2.25-4.10
% Rank in Category480792478466794
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.79   -0.82-0.79
1 Week-10.17   -1.02-1.28
1 Month-13.49   -3.14-3.13
3 Months-15.35   -4.81-5.24
6 Months-12.47   -1.19-1.35
YTD-13.96   -4.61-4.68
1 Year-7.27   -0.83-2.15
3 Years Annualised-4.30   -3.00-3.49
5 Years Annualised0.61   -3.59-4.33
10 Years Annualised-   --
 
Category: Global Emerging Markets Equity
Category Index: Morningstar EM TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.97---
2024-0.804.180.492.80
20232.11-1.470.152.61
2022-7.47-6.84-4.191.92
20211.232.42-3.111.48
2020-18.7717.183.0810.24
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageBelow Average2 star
10-Year--Not Rated
OverallBelow AverageBelow Average2 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.80 %
3-Yr Mean Return-0.63 %
 
3-Yr Sharpe Ratio-0.34
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  Morningstar Asia 50/50 NR USD
3-Yr Beta1.001.39
3-Yr Alpha-3.66-2.61
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 31146-
Market Capitalisation% of Equity
Giant56.12
Large29.77
Medium12.15
Small1.96
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings17.051.44
Price/Book3.201.94
Price/Sales2.181.46
Price/Cash Flow7.101.11
Dividend-Yield Factor1.990.62
 
Long-Term Projected Earnings Growth13.731.31
Historical Earnings Growth16.713.01
Sales Growth12.052.63
Cash-Flow Growth14.153.02
Book-Value Growth12.411.43
 
Category: Global Emerging Markets Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock101.460.00101.46
Bond0.000.000.00
Property0.000.000.00
Cash6.497.95-1.46
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States1.962.34
Canada0.000.00
Latin America8.630.94
United Kingdom0.000.00
Eurozone5.854.55
Europe - ex Euro0.000.00
Europe - Emerging2.251.02
Africa2.590.75
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed32.971.13
Asia - Emerging45.760.94
 
Category: Global Emerging Markets Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical14.771.01
Financial ServicesFinancial Services20.130.83
Real EstateReal Estate2.991.54
Consumer DefensiveConsumer Defensive5.561.17
HealthcareHealthcare8.952.55
Communication ServicesCommunication Services5.070.49
IndustrialsIndustrials9.231.41
TechnologyTechnology33.301.34
 
Category: Global Emerging Markets Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings59
Total Number of Bond Holdings0
Assets in Top 10 Holdings38.54
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.66
FPT Corp311Vietnam4.85
BYD Co Ltd Class H102China3.47
Xiaomi Corp Class B311China3.35
SK Hynix Inc311Korea, Republic Of3.05
AIA Group Ltd103Hong Kong2.90
HDFC Bank Ltd103India2.89
Advantech Co Ltd311Taiwan2.85
PT Bank Central Asia Tbk103Indonesia2.82
ICICI Bank Ltd103India2.69
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Equity
 
Management
Name of CompanyColumbia Threadneedle Management Limited
Phone020 7628 8000
Websitehttps://www.columbiathreadneedle.com/
AddressExchange House, Primrose Street
 London   EC2A 2NY
 United Kingdom
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date25/11/2016
Fund Advisor(s)
Columbia Threadneedle Management Limited
Fund ManagerGokce Bulut
Manager Start Date11/10/2018
Career Start Year2010
Education
Copenhagen Business School, B.A.
University of Durham, Post Gradu
 
Biography
Gokce is a portfolio manager in the Global Emerging Markets and Asia Equity team and leads the Responsible Global Emerging Markets strategy. Gokce joined Columbia Threadneedle as part of the acquisition of BMO Global Asset Management, where he worked within the LGM subsidiary. He joined in 2017 initially as an Analyst, focusing on frontier and emerging markets, and was promoted to Portfolio Manager in 2018 when he also joined the Investment Leadership team. Prior to LGM, Gokce worked for FSSA Investment Managers in Hong Kong and Stewart Investors in Edinburgh. He started as a generalist with wide research and investment responsibilities across the Asia Pacific markets, emerging markets and global equities and progressed to running a successful internally funded GEM portfolio. He was appointed member on the Responsible Investment Committee of First State Investment from 2013 to 2016. Gokce received his undergraduate degree in Business Administration and Economics from Copenhagen Business School and post graduate degree in Finance and Investment from University of Durham.
Fund ManagerClaire Franklin
Manager Start Date01/03/2023
Fund ManagerSam Mahtani
Manager Start Date30/03/2016
Career Start Year2000
 
Biography
Sam Mahtani joined BMO Global Asset Management (EMEA) in 1993 helping launch the F&C India fund, the third offshore India fund to be available to foreign investors. He became Co-Portfolio Manager (PM) for the Fund in 1994 and lead manager in 1996. He has over 20 years’ investment experience analysing companies and managing money in emerging markets. Sam has research responsibilities for companies in Asia, specialising in India, China, Korea and Latin America. Prior to BMO Global Asset Management (EMEA) Sam worked at the Royal Bank of Scotland Plc for six years as Senior Bank Officer in the corporate trusts division. He is an Associate of the Institute of Financial Services and a member of the CFA Society in the UK. Sam was one of the five emerging markets team members to become part of the LGM team in late 2014.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge2.00%
Ongoing Charge1.00%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes