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Somerset Emerging Markets Discovery Class A - Accumulation (GBP)

Sell:107.99p Buy:107.99p Change: 0.38p (0.35%)
Prices as at 20 May 2024
Sell:107.99p
Buy:107.99p
Change: 0.38p (0.35%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 20 May 2024
Sell:107.99p
Buy:107.99p
Change: 0.38p (0.35%)
Prices as at 20 May 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

The emerging markets are a diverse range of economies stretching from Asia and Eastern Europe to South Africa and Latin America. Some are rich in commodities and natural resources, some rely on exporting goods to Western economies, and others have a vibrant consumer-driven society. They're all at different stages of economic development and while we think they've got great long-term growth prospects, they're more volatile and higher-risk than more developed ones. We think a broad global emerging markets fund could be a good starting point, then there are others that focus on a specific country or region.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

20/05/19 to 20/05/20 20/05/20 to 20/05/21 20/05/21 to 20/05/22 20/05/22 to 20/05/23 20/05/23 to 20/05/24
Annual return n/a 27.50% -9.95% -4.31% 17.90%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: Angel Ortiz
Manager start date: 21 July 2023
Manager located in: London

Angel joined Somerset in January 2021 as a Senior Analyst covering Latin America. He has extensive experience investing across Global Emerging Markets, most recently as a Portfolio Manager of the Fidelity International Latin America Fund. He graduated from Universidad Metropolitana, Venezuela, where he read Chemical Engineering. He has a MBA from Kelley School of Business - Indiana University. He became Portfolio Manager of the Somerset EM Discovery Fund on 21st July 2023.

manager photo
Manager Name: Christopher White
Manager start date: 30 October 2019
Manager located in: London

Christopher White is co-manager of the EM Discovery Fund, having worked with Mark Asquith and Henrietta Seligman on the Smaller Companies Strategies since 2018. Christopher joined Somerset as an analyst covering EMEA in 2016, having completed an MBA from Columbia Business School. He previously worked in investment banking for Goldman Sachs. Christopher White graduated from Magdalen College, Oxford, where he read Classics. He is a CFA charterholder.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account