MI Somerset Global Emerging Markets B Acc GBP

Willis Owen Research Commentary

The manager of this Focus 50 fund, Edward Robertson, is one of the co-founders of emerging markets specialist boutique Somerset. Robertson employs a style which focuses on quality companies with healthy balance sheets, high returns on equity, strong cash flow and sustainable margins. He is prepared to pay a higher price for these defensive characteristics and believes profits and earnings should prove resilient in an economic slowdown. This approach means the fund is likely to perform well in testing conditions, but may lag behind during momentum driven rallies led by companies that do not meet the fund's strict investment criteria. We consider it a solid option for investors taking a first step into the region.

Below is the online factsheet for your selected instrument. You can change time periods in certain areas of the factsheet and generate a version to PDF using the "Print" button.

You can also view an Analyst Report as a PDF using the link below and if you are a registered user a more detailed report is also available.

Analyst Report Analyst Report