First State Emerging Markets Focus B
- Citicode
- NOOE
- Launch Date
- 01-12-2017
- Fund Size
- £131,630,000
- Yield
- 1.02%
- Ongoing Charge
- 0.80%
- Fund Managers
- Rasmus Nemmoe
Fund Objective
The Fund aims to achieve capital growth over the medium to long term (at least three years). The Fund invests at least 70% in shares of large and mid-sized companies based in emerging markets. This includes companies that are listed on exchanges in developed markets where the majority of their activities take place in emerging markets. These companies generally have a total stock market value of at least US$1 billion. Emerging market countries are those which are not classified as developed markets by MSCI or FTSE, or which are categorized by the World Bank as middle or low-income, or which are not members of the Organization for Economic Co-operation and Development. The Fund may invest up to 10% in other funds. The Fund may use derivatives to reduce risk or to manage the Fund more efficiently.
Top 10 Holdings
Asset Class
Fund Manager
Rasmus Nemmoe
Start Date
01-07-2018
Bio
Rasmus Nemmoe, CFA, was previously with BankInvest in Copenhagen for 6 years, where he was a portfolio manager for Asia ex Japan equities for four years. Prior to this he was a portfolio manager of the BankInvest Consumer Fund focusing on consumer discretionary and staples equities across both Developed and Emerging Markets. Rasmus spent two years as an analyst focusing on information technology and telecom at Nordic Venture Partners, one of the largest venture capital funds in Northern Europe. He is a CFA Charterholder and gained a MSc in Applied Economics and Finance and a BSc in Computer Science and Administration from Copenhagen Business School. Rasmus joined LGM Investments in April 2012 and is the lead portfolio manager for our Global Emerging Markets strategy.
Data source:
All financial data is supplied by FE
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