Accept cookies from BankInvest.com

BankInvest use cookies to collect information about your visit to our website. The information is only being used to support the functionality of the website and to compile statistics. You can always delete cookies from BankInvest.com again.
Read more about cookies on BankInvest.com

BI SICAV - New Emerging Markets Equities I

The sub-fund invests in a wide range of frontier market countries in Africa, Middle East, Eastern Europe, Asia and Latin America, which are part of the MSCI Frontier Markets index. The sub-fund can also hold a small weight in companies from the MSCI Emerging Markets index or in countries that are not included in any MSCI indices. The sub-fund invests in companies in frontier market countries for example Kazakhstan and Nigeria. These are countries, which are at an early stage of economic development, but characterized by a rapid economic growth. Frontier market countries are economically attractive, but also characterized by a large degree of uncertainty and instability compared to more developed countries like Brazil. The sub-fund may use financial derivative instruments in order to reduce risk or as part of the investment strategy.

Portfolio Managers:
Brian Muggeridge Andersen, Senior Portfolio Manager (left)
Søren Høyer, Senior Portfolio Manager (right)

Brian Muggeridge Andersen, seniorporteføljeforvalter Søren Høyer, seniorporteføljeforvalter

Generate Product Sheet

Basic Information

  • ISIN LU0304976946
  • Fund BI SICAV
  • Inception Date 12.03.2007
  • Investment Manager BI Asset Management Fondsmæglerselskab A/S
  • Investment Universe Equities
  • Exchange Status Quoted
  • Latest Share Class NAV 143.94 EUR
  • Share Class Currency EUR
  • Sub-fund Size (m EUR) 38
  • Number of shares in Share Class 247,604

Risk and reward profile

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Low risk
Lower rewards
High risk
Higher rewards

Return

Year Performance and Dividend (%)
2017 2016 2015 2014 2013
Fund 10.97 11.24 -7.80 8.35 27.51
Benchmark 18.84 5.67 -4.43 16.02 19.37
Dividend
Return Period (%)
(Updated: 02.19.2018)
1 month YTD 1 yr 3 yrs 5 yrs
-5.66 -1.92 1.60 3.23 7.34
-4.21 0.10 12.19 5.12 9.10
All returns 1-10 years are annualized. Return is calculated in EUR.

Benchmark

50% MSCI Frontier Index incl. Net Dividends and 50% MSCI Frontier ex. GCC Index incl. Net Dividends. Reweighted yearly. Before 30/06/2009 MSCI Emerging Markets incl. Net Dividends.

Country allocation

(Updated: 01.31.2018)
Expand

Sectoral allocation

(Updated: 01.31.2018)
Expand

The largest investments in the portfolio

(Updated: 01.31.2018)
Name Sector Weight
Pampa Energia SA Utilities 7.08%
Banco Macro SA Financials 5.49%
National Bank of Kuwait Financials 4.70%
Human Soft Holding Co KSC Consumer Discretionary 3.94%
YPF SA ADR Energy 3.84%
Viet Nam Dairy Products JSC Consumer Staples 3.73%
Square Pharmaceuticals Ltd Health Care 3.46%
Vingroup JSC Real Estate 3.15%
Safaricom Ltd Telecommunication Services 2.98%
Banca Transilvania Financials 2.82%
Societatea Nationala de Gaze Naturale ROMGAZ SA Energy 2.47%
Medinet Nasr Housing Real Estate 2.44%
Zenith Bank Ltd Financials 2.23%
BBVA Banco Frances SA Financials 2.18%
Adecoagro SA Consumer Staples 2.14%
Emaar Properties PJSC Real Estate 2.10%
John Keells Holdings PLC Industrials 2.03%
Guaranty Trust Bank Financials 1.94%
Parex Resources Inc Energy 1.93%
Maple Leaf Cement Factory Ltd Materials 1.91%
Vietnam Joint Stock Commercial Bank for Industry a Financials 1.91%
Ho Chi Minh City Infrastructure Investment JSC Industrials 1.90%
Talaat Moustafa Group Real Estate 1.87%
ElSewedy Electric Co Industrials 1.71%
Pak Elektron Ltd Industrials 1.68%
Fondul Proprietatea SA/Fund Financials 1.62%
Kinh Bac City Development Share Holding Corp Real Estate 1.56%
TBC Bank Group PLC Financials 1.52%
Hoa Sen Group Materials 1.46%
MED Life SA Health Care 1.45%
GrameenPhone Ltd Telecommunication Services 1.38%
Hoa Phat Group JSC Materials 1.32%
BRAC Bank Ltd Financials 1.28%
Egyptian Financial Group-Hermes Holding Co Financials 1.26%
Residences Dar Saada Real Estate 1.25%
FBN Holdings Plc Financials 1.25%
Bank of Georgia Holdings Plc Financials 1.10%
IGI Insurance Ltd Financials 1.09%
Commercial International Bank Financials 0.99%
SA San Miguel AGICI y F Consumer Staples 0.95%
Dangote Cement PLC Materials 0.94%
Six of October Development & Investment Real Estate 0.94%
Aramex Co Industrials 0.89%
Mezzan Holding Co KSCC Consumer Staples 0.79%
East African Breweries Ltd Consumer Staples 0.73%
Globant SA Information Technology 0.59%
Sphera Franchise Group SA Consumer Discretionary 0.59%
Equity Bank Ltd Financials 0.54%
Packages Ltd Materials 0.43%
Chevron Lubricants Lanka PLC Materials 0.24%
3.5% Bank Muscat SAOG 03/2018 0.03%
Expand

Risk 5 Years

(Updated: 01.31.2018)
Risk Fund Benchmark
Standard Deviation (%) 10.80 10.54
Sharpe Ratio 0.78
Information Ratio -0.30
Tracking Error (%) 4.79

Risk

Standard Deviation measures the variation of returns over a period of time. If the returns in average are close to the expected return, the Standard Deviation is low. If the returns in average are far from the mean, it is high. Typically bond funds have a lower Standard Deviation than equity funds.

Sharpe Ratio expresses how much a return on investment has generated compared to the historical risk. The figure is being used as a comparative figure to rank different risk-adjusted returns on investment. The higher the Sharpe Ratio, the better risk-adjusted returns on investment.

Information Ratio expresses how much outperformance a fund has generated in relation to the risk that has been relative to the benchmark. Information Ratio indicates the quality of the risk-adjusted to outperformance of a fund. The higher the Information Ratio, the better risk-adjusted performance on investment.

Tracking Error expresses the variation in the difference between the returns of the fund and the corresponding benchmark. Tracking Error is an expression of the Standard Deviation of the excess return. A low Tracking Error is equal to low volatility of the monthly performance, and a high Tracking Error is equal to high fluctuations.

Please note that there are no risk key figures for funds that are less than three years old.


Related News

Page of

Publications

Name Quarterly Investor Letter Key Investor Information Prospectus (EN) Prospectus (DE) Annual Report Product Sheet

Generate Product Sheet

Last updated: 02.19.2018