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Ashmore Middle East Equity Class Z - Income (GBP)

Sell:7,204.00p Buy:7,204.00p Change: 33.00p (0.46%)
Prices as at 4 August 2020
Sell:7,204.00p
Buy:7,204.00p
Change: 33.00p (0.46%)
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 4 August 2020
Sell:7,204.00p
Buy:7,204.00p
Change: 33.00p (0.46%)
Prices as at 4 August 2020
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.

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.43%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.43%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Ashmore Investment Team
Fund launch date: 6 March 2014
Sector: Offshore
Fund size: £4 million
Number of holdings: 50
Fund type: SICAV
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 15:00
Trustee: Northern Trust Luxembourg Management Company S.A.
Minimum investment: £500.00
Charges deducted from: Income
Available in a regular savings plan: No
Minimum regular savings value: n/a

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Performance

05/08/15 to 05/08/16 05/08/16 to 05/08/17 05/08/17 to 05/08/18 05/08/18 to 05/08/19 05/08/19 to 05/08/20
Annual return -17.53% 6.60% 7.32% 3.75% -12.23%

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.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, 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 »

Fund Objective

SICAV MEF is an open-ended daily dealing UCITS IV Luxembourg fund. The Fund seeks to access the returns available from mainly equities and equity-related instruments issued by Corporates and Quasi-Sovereigns located in the Middle East (GCC and Levant countries).

Income Details

Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 3 January 2021
Payment date: 28 February 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
NATIONAL BANK OF KUWAIT 7.64%
QATAR NATIONAL BANK 6.00%
ALDREES PETROLEUM AND TRANSPORT SER 5.07%
CO FOR COOPERATIVE INSURANCE 4.84%
AL RAJHI BANK 4.61%
SAVOLA GROUP 4.21%
MOUWASAT MEDICAL SERVICES CO 4.03%
QATAR GAS TRANSPORT(NAKILAT) 3.96%
NATIONAL COMMERCIAL BANK 3.55%
BUPA ARABIA FOR COOPERATIVE INS 3.33%
Sector Weight
Banks 34.98%
Health Care Providers 9.92%
Industrial Transportation 8.29%
Non-Renewable Energy 6.78%
Construction & Materials 5.91%
Food Producers 5.44%
Non-life Insurance 4.84%
Real Estate Investment & Services 4.56%
Telecommunications Service Providers 4.45%
Cash and Equiv. 3.53%
Country Weight
Saudi Arabia 46.65%
Kuwait 16.06%
Qatar 9.96%
United Arab Emirates 9.87%
Egypt 8.12%
Morocco 3.67%
Cash and Equiv. 3.53%
United Kingdom 2.15%
Non-Classified 0.01%

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. Prices provided by Morningstar, correct as at 4 August 2020. Data provided by Funds Library, correct as at 30 April 2020.

FundsLibrary

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & 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.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.