Charlemagne Magna Emerging Markets Dividend B Inc

Buy/Sell Price  (as of 18/09/2018) £10.656   Day Change :  0.24%     Fund Code:  CHMEI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Mark joined Charlemagne Capital in 2012, as co-Head of the Portfolio Advisory Team, alongside Julian Mayo. Mark began his career at Schroders in 1984 before moving to Robert Fleming in 1986. He transferred to Hong Kong with Jardine Fleming two years later, remaining in Asia until 1995 when he returned to London with T Rowe Price following the merger with Jardine Fleming. Mark was a Vice President, Portfolio Manager and Member of the Investment Advisory Committee at T Rowe Price and has a wealth of emerging market experience. He is a graduate of Cambridge University.


Julian joined Charlemagne Capital in 2003 as a director of Charlemagne Capital (UK) Limited and a member of the portfolio advisory team. He became Head of the Portfolio Advisory Team, with Gabor Sitanyi, in 2009. Julian has more than 25 years investment experience, most of which has been focused on emerging markets. Julian began his investment management career in Hong Kong with Schroders before joining Thornton management (later Dresdner Thornton) in Hong Kong in 1985. He then opened Thorntons Tokyo office in 1987, moving to London in 1991. After 11 years at Thornton, Julian joined the Regent Pacific Group and returned to Asia in 1999 as managing director of Regents Hong Kong office responsible for portfolio management. Julian has a BSc in economics from Bristol University.
Investment HouseCharlemagne Capital (IOM) Ltd
Fund ProviderCharlemagne Capital (IOM) Ltd
ManagerMark Bickford-Smith   Biography
ManagerJulian Mayo   Biography

Fund Objective This fund targets a combination of income and capital growth by investing in companies with high dividend yields. Its assets are predominantly invested in equity securities listed on recognised exchanges issued by companies operating in emerging markets. Usually these companies are based in emerging markets, however, some companies may be based outside emerging markets if most of their business derives from emerging markets. The fund may also from time to time have some small exposure to debt securities issued by such companies. Such exposure is not permitted toexceed 15% of the fund. A small part of the fund may also be invested in unlisted securities. The fund may not purchase units of any other open ended collective investment vehicle (excluding exchange traded funds). The Fund may invest up to 10%, in aggregate, of its net assets in exchange traded funds. There may be some exposure to frontier and other less developed markets.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £11.63
12-Month NAV Low £10.37
Fund Comparative Index -
Morningstar CategoryTMGlobal Emerging Markets Equity
Dividend FrequencyTwice Yearly
Historic Yield2.96%

Annual Charges

Morningstar ratings

 as of  31/08/2018
Overall3 star
3 Years3 star
5 Years3 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  18/09/2018

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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