Aberdeen Emerging Markets Accumulation Shares
At a glance
| Initial charge | 4.25% |
|---|---|
| Initial saving | 4.25% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.66% |
| Launch date | 24-07-2003 |
| Launch price | £0.25 |
| Sector | Global Emerging Mkts |
| Fund size | £397 million |
| Number of holdings | 61 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
It has been a disturbing time in world financial markets, though this fund has outperformed this year because of its low exposure to China and Russia, and its focus on high quality companies. Devan Kaloo appreciates that volatility will persist, but is also excited by the attractive valuations it is creating. He also believes many emerging markets are financially strong, unlike the indebted west.
Full research
About the Fund Manager
Devan Kaloo
Located in: London
Devan Kaloo is Head of Global Emerging Markets equities in London. He is responsible for the Londonbased GEM team, which manages Latin America and EMEA equities, and also has oversight of GEM input from the Asia team based in Singapore, with whom he works closely. He began his career at Martin Currie in Edinburgh shortly after graduation, working initially on the North American desk before transferring to the global asset allocation team. He moved off the global asset allocation team in 1997 and for the next three years he worked on Asian portfolios before joining Murray Johnstone in Singapore in July 2000. Following the latter's acquisition he transferred to Aberdeen where he was responsible for the Asian ex
Japan region as well as regional portfolios within emerging market mandates and technology stocks. He took his current position in July 2005. Devan graduated with an MA (Hons) in Management and International Relations from St Andrews University and holds a post-graduate degree in Investment Analysis from Stirling University, also in Scotland.
Income details
| Running yield | 0.10% (net) |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-11-2007.
Distribution dates
| Ex-dividend date | 01 August 2008 |
|---|---|
| Payment date ³ | 31 October 2008 |
Top 10 holdings
| Aberdeen Global Indian Equity Class D | 4.44% |
|---|---|
| Samsung Electronics Co. Ltd. Pfd. Series 1 | 4.37% |
| Massmart Holdings | 3.82% |
| Taiwan Semiconductor Manufacturing | 3.52% |
| China Mobile (Red Chip) | 3.47% |
| Companhia Vale do Rio Doce ADS Cl A Pfd. | 3.13% |
| Banco Bradesco S.A. ADS, | 3.08% |
| Gedeon Richter Nyrt. | 2.78% |
| Petroleo Brasileiro S/A ADS A | 2.69% |
| Hang Lung Group | 2.63% |
Top 10 sectors
| Banks | 18.47% |
|---|---|
| General Retailers | 9.72% |
| Oil & Gas Producers | 8.89% |
| Pharmaceuticals & Biotechnology | 6.99% |
| Bonds | 6.31% |
| Software & Computer Services | 6.07% |
| Mobile Telecommunications | 4.84% |
| Industrial Metals & Mining | 4.81% |
| Real Estate Investment & Services | 3.53% |
| Technology Hardware & Equipment | 3.52% |
Top 10 countries
| Brazil | 14.15% |
|---|---|
| India | 13.26% |
| Hong Kong | 8.57% |
| South Korea | 6.92% |
| Mexico | 6.70% |
| South Africa | 6.43% |
| Taiwan | 5.70% |
| Israel | 4.44% |
| Turkey | 4.14% |
| Thailand | 3.87% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 03-12-2008. Data accurate as at 31/10/2008.
