MI Polen Capital Global Emerging Markets Fund B Accumulation EUR shares

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Performance History31/10/2024
Growth of 1,000 (GBP) Advanced Graph
MI Polen Capital Global Emerging Markets Fund B Accumulation EUR shares
Fund14.7-9.7-13.80.19.4
+/-Cat0.7-8.3-1.7-4.00.3
+/-B’mrk0.8-8.8-5.9-3.9-1.0
 
Key Stats
NAV
21/11/2024
 EUR 1.35
Day Change 0.08%
Morningstar Category™ Global Emerging Markets Equity
ISIN GB00B9XQL371
Fund Size (Mil)
31/10/2022
 GBP 246.48
Share Class Size (Mil)
09/12/2022
 GBP 0.03
Max Initial Charge -
Ongoing Charge
12/06/2024
  1.12%
Morningstar Research
Analyst Report30/09/2024
Morningstar Manager Research,
Morningstar, Inc

Somerset Global Emerging Markets continues to have good credentials. However, our conviction in the manager’s process has weakened on the back of higher risk and question marks over its capability to produce above-market risk-adjusted returns....

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process23
Performance
Price
Investment Objective: MI Polen Capital Global Emerging Markets Fund B Accumulation EUR shares
The Fund seeks to achieve capital appreciation by mainly investing in an actively managed portfolio of emerging market securities. The portfolio will consist principally of quoted equity securities, issued by companies established or operating in emerging market countries, principally in Asia, Eastern Europe, the Middle East, Africa and Latin America.
Returns
Trailing Returns (GBP)21/11/2024
YTD9.46
3 Years Annualised-3.35
5 Years Annualised0.56
10 Years Annualised3.63
12 Month Yield 0.00
Management
Manager Name
Start Date
Edward Robertson
17/11/2008
Inception Date
03/06/2013
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR GBPMorningstar EM TME NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  MI Polen Capital Global Emerging Markets Fund B Accumulation EUR shares31/10/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.710.0099.71
Bond0.000.000.00
Property0.000.000.00
Cash0.290.000.29
Other0.000.000.00
Top 5 Regions%
Asia - Emerging52.84
Asia - Developed25.25
Latin America10.44
Europe - Emerging6.08
Middle East2.37
Top 5 Sectors%
Technology27.26
Financial Services21.66
Consumer Cyclical20.78
Industrials12.10
Communication Services10.35
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology8.42
PDD Holdings Inc ADRConsumer CyclicalConsumer Cyclical4.67
HDFC Bank LtdFinancial ServicesFinancial Services4.57
Tencent Music Entertainment Grou... Communication ServicesCommunication Services4.21
Tencent Holdings LtdCommunication ServicesCommunication Services4.16
MI Polen Capital Global Emerging Markets Fund B Accumulation EUR shares

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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