MI Somerset Emerging Markets Dividend Growth A Income shares


Buy/Sell Price  (as of 28/09/2016) £1.303   Day Change :  -0.54%     Fund Code:  SSEDI 

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.

Our View

Provider Logo

Biography

Edward Lam is a graduate of Downing College, Cambridge University. Mr. Lam joined Somerset in 2007, and in 2008 was appointed as its Head of Research, having worked extensively on its in-house model which was developed to standardize its investment process. Prior to joining Somerset, Mr. Lam worked at Lloyd George Management (LGM) in London where he focused on Asian equities research.

Biography

Edward is a founding partner of Somerset and lead portfolio manager of the firms flagship global emerging markets equity investment vehicle. Mr. Robertson is co-manager of Somersets emerging markets dividend growth strategy and is consulted on all portfolio decisions. Mr. Robertson joined LGM in 1999, built the global emerging markets product at LGM and managed a non-U.S. registered investment vehicle. Mr. Robertson is lead portfolio manager for Somersets global emerging markets strategy and co-manager of its global emerging markets small cap, small-mid cap, and dividend growth strategies.
Investment HouseSomerset
Fund ProviderPhoenix Fund Services (UK) Ltd
ManagerEdward Lam   Biography
ManagerEdward Robertson   Biography

Fund Objective The Fund aims to grow your investment and provide income. The Fund will invest in shares of dividend-paying companies established or operating in emerging market countries, which are typically countries that are still developing their economies. The Fund will invest principally in Asia, Eastern Europe, the Middle East, Africa and Latin America.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B4QKMK51
12-Month NAV High £1.33
12-Month NAV Low £0.98
Fund Comparative IndexNot Benchmarked
Morningstar CategoryTMGlobal Emerging Markets Equity
Dividend FrequencyTwice Yearly
Historic Yield2.20%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall5 star
3 Years4 star
5 Years5 star
10 YearsN/A

Growth of £1000 Help

 as of  28/09/2016

Past Performance (%) Help

as of 

This Fund

     
-----

Fund versus Morningstar Category

     
16.044.42-0.764.041.12
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.

Nothing to display.