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Comgest Growth GEM Promising Companies EUR Acc

Ranked 296 out of 296 in - Global Emerging Markets over 12 months
All calculations are in GBP unless stated

Managed by

Juliette Alves

Juliette Alves joined Comgest in 2010 and is a portfolio manager and analyst specialising in emerging market equities, notably in the Latin America region. Alves co-leads the Latin America and GEM Promising Companies strategies as well as a number of global emerging markets segregated mandates. She started her career in 2005 at Credit Agricole CIB’s representative office in Mexico before joining the company’s Latin America team in New York in 2007 where she worked as a credit analyst. In 2009 she transferred to Crédit Agricole CIB’s Paris office. A Portuguese and French national, she graduated from the NEOMA Business School in France with a master’s degree in corporate finance and is a CFA charterholder.

Galina Besedina

Galina Besedina joined Comgest in 2008 and is an analyst and portfolio manager specialising in emerging market equities, particularly the markets of central and eastern Europe, the Middle East and Africa. She co-leads the GEM Promising Companies strategy and also manages a number of global emerging market segregated mandates. She started her career in Russia in 2005, working on a project for Sheremetyevo Airport before becoming a financial analyst at Russian Space Agency, NPO Lavotchkin. After moving to France she worked as a Russian equity research analyst at AXA Investment Managers. Besedina holds a bachelor’s degree in world economics from the Russian State University of Trade and Economics and a master’s degree in international business from the Grenoble Graduate School of Business in France.

Caroline Maes

Caroline Maes joined Comgest’s Singapore office in 2012 before moving to Paris in 2015 where she is a portfolio manager and analyst specialising in global emerging markets and Asian equities. Maes has over 10 years of investment experience and contributes to the GEM Promising Companies and Asia including Japan strategies. She started her career in 2003 as a research associate at Alliance Bernstein in New York before moving to UOB Kay Hian in Singapore in 2006. She then joined CLSA in Singapore where she held the role of equity research analyst. Maes graduated with a bachelor’s degree in quantitative economics and international relations from Tufts University in the US.

Wojciech Stanislawski

Wojciech Stanislawski joined Comgest in 1999 as a member of Comgest’s Global Emerging Markets team and is today also a member of the Group’s Investment Executive and Management Committees. In 2000 he was named co-lead portfolio manager of Comgest’s flagship Global Emerging Markets fund and also co-leads a number of other strategies. In 2013 Stanislawski was named team manager of the firm’s Global Emerging Markets equity investment team, responsible for the management of the portfolio managers and analysts. He also maintains responsibility for a number of emerging market segregated mandates. Stanislawski graduated from the Panthéon-Assas University in Paris with a joint master’s degree in business and financial management.

Objective

The investment objective of the Fund is to achieve capital appreciation by creating a professionally managed portfolio consisting primarily of what, in the opinion of the Investment Manager, are high quality long-term growth promising companies based or operating in Global Emerging Markets. Promising companies usually have shorter track records and higher capital requirements than more mature and established companies. As a result, promising companies normally have a higher risk profile. The Investment Manager shall endeavour to reduce this higher risk profile through diversification and a greater number of holdings.

Showing fund performance in United Kingdom View performance globally

Performance

Global Emerging Markets over : 30/04/2018 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 5.7%
2018 -25.2% -4.7% -9.1% -7.2% -6.9%
2017 21.2% 9.0% 1.5% 4.2% 5.1%
2016 24.0% 3.9% 12.9% 8.6% -2.7%
2015 -3.5% 3.6% -3.3% -10.7% 7.9%
2014 5.2% -1.3% 4.8% 0.7% 1.0%
2013 5.9% 7.1% -5.9% 1.1% 3.9%
2012 5.5% 4.4% -9.9% 8.6% 3.4%
2011 -18.9% -3.3% -1.4% -16.3% 1.6%
2010 35.6% 14.9% -0.1% 10.5% 6.9%
2009 70.7% -0.2% 26.6% 23.1% 9.7%
2008 -41.0% -6.0% -2.2% -25.2% -14.3%
2007 2.8% 6.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/01/2019

Top 10 Holdings

Stock Size
Discovery Ltd ORD 4.98%
EUR Cash 4.63%
Infraestructura Energetica Nova SAB de CV ORD 4.56%
Kroton Educacional SA ORD 4.06%
Samsonite International SA ORD 3.69%
Inner Mongolia Yili Industrial Group Co Ltd ORD 3.67%
3SBio Inc ORD 3.32%
Mail.ru Group Ltd DR 3.25%
Vietnam Dairy Products JSC ORD 3.11%
Genting Malaysia Bhd ORD 3.02%
31/01/2019

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Ireland
  6. Luxembourg
  7. Netherlands
  8. Sweden
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date04/04/2007
  • Share Class size25Mn
  • Base currencyEUR
  • ISIN IE00B1VC7227

Purchase Info

  • Min. initial investment50
  • Min. regular additional investment0

Charges

  • Annual management1.75%
  • Initial investment4.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).