Aubrey Global Emerging Markets Strategy
SVS Aubrey Global Emerging Markets Fund
Available as:
Total Net Assets
Overview
Growth in consumption in emerging markets is, in our view, the best long term, structural opportunity in what is an otherwise low growth world. The aspirations of the 5 billion or so potential consumers in the emerging world are much the same as those in the developing world: better food, housing, transport, healthcare, education and entertainment. Aubrey’s philosophy attempts to identify those particular sectors of an economy which are at the sweet spot of growth.
The SVS Aubrey Global Emerging Markets Fund focuses on these rapidly growing sectors in countries with political and economic backdrops conducive to income growth and consumer confidence. We search for companies with market dominance, preferring local leaders, with cashflow returns adequate to support growth, and with reasonable valuations.
Investment Objective & Policy
The Fund aims to achieve capital growth over the long term (5 years plus) and will invest at least 95% in shares of emerging market companies. The Investment Manager’s focus is on growth companies expected to deliver increasing revenue and profit from the expansion of their business over the medium to long term. As part of its investment process, the Investment Manager integrates environmental, social and governance (“ESG”) factors into its routine analysis.
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Inception Date | 12th May 2021 |
Benchmark | MSCI TR Net Emerging Markets GBP |
IA Sector | Global Emerging Markets |
Fund Name | SVS Aubrey Global Emerging Markets Fund |
Domicile | United Kingdom |
Fund Type | UK UCITS Fund |
Legal Form | OEIC |
Management Co/ACD | Evelyn Partners Fund Solutions Limited |
Custodian | CACEIS |
Administrator | Evelyn Partners Fund Solutions Limited |
Auditor | Johnston Carmichael |
Pricing Frequency | Daily |
Platform Availability | AVIVA, Embark, Fidelity, Hargreaves Lansdown, M&G, Nucleus & Transact |
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Source: Aubrey Capital Management & MSCI
All figures are presented net of fees in GBP and calculated using the B Accumulation share class. MSCI Emerging Markets Index is used for comparative purposes only. Investment returns may increase or decrease as a result of currency fluctuations. Past performance is no guarantee of future results.
Top 10 Positions
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Fund Sector Breakdown
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Geographic Allocation
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As at
The securities identified and described do not represent all of the securities purchased, sold or recommended for client accounts. The reader should not assume that an investment in the securities identified was or will be profitable.
Key Investor Information Documents
Monthly Factsheets
- SVS Aubrey Global Emerging Markets Fund Factsheet - August 2024
- Aubrey-GEM-OEIC-Fund-Factsheet-July-2024-1
- Aubrey GEM OEIC Fund Factsheet - June 2024
- Aubrey-GEM-OEIC-Fund-Factsheet-May-2024-1
- Aubrey-GEM-OEIC-Fund-Factsheet-April-2024-1
- Aubrey Europe ex UK Fund Factsheet - March 2024
- Aubrey GEM OEIC Fund Factsheet - March 2024
- Aubrey GEM OEIC Fund Factsheet - February 2024
- Aubrey GEM OEIC Fund Factsheet - January 2024
- Aubrey GEM OEIC Fund Factsheet- December 23
- Aubrey GEM OEIC Fund Factsheet - November 23
- Aubrey GEM OEIC Fund Factsheet - October 23
- Aubrey GEM OEIC Fund Factsheet - September 23
- Aubrey GEM OEIC Fund Factsheet - August 23
- Aubrey GEMs OEIC Fund Factsheet - July 23
- Aubrey GEMS OEIC Fund Factsheet - June 23
- Aubrey GEM OEIC Fund Factsheet - May 23
- Aubrey GEM OEIC Fund Factsheet - April 23
Dealing Information
Prospectus & Articles of Association
Available share classes prices
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As at
Prices in pence/cents
Ongoing charges figure (OCF) is based upon the expenses incurred but does not include transaction costs (see KIID for details).
Investment Managers
Andrew Dalrymple
Investment Manager
Years at Aubrey
17
Industry experience
40
Andrew is Founder, Director and CIO at Aubrey, as well as being lead Investment Manager of the Global Emerging Markets and Global Equity strategies.
A graduate of Cambridge University, he began his career at Cazenove & Co then joined James Capel in 1987 and was transferred to James Capel (Far East) in Hong Kong in 1991. He continued in his role as an Asian specialist working with UBS Warburg from 1992-1998 in Hong Kong.
Andrew joined Stewart Ivory in 1998 and in 1999 he established the Global Opportunities Fund, the First State Global Opportunities Fund, which remained his signature fund throughout his tenure at First State Investments. Since inception (August 1999) through June 2006 the fund rose 112.2% compared to a rise of 3.8% in the MSCI World Index. The Fund was top quartile over 1,2,3,4,5 years and since inception.
Rob Brewis
Investment Manager
Years at Aubrey
9
Industry experience
36
Rob is a Director of Aubrey, and Investment Manager of the Global Emerging Markets Strategy. He joined the firm in 2014.
An engineering graduate from Cambridge University, Rob began his career in 1988 at Thornton Management in London. Then he spent ten years in Hong Kong as an Asian fund manager with Credit Lyonnais International Asset Management. This company was later bought by Nicholas Applegate and then Colonial First State, where Rob ran the North Asian investment team as well as managing the Asian Special Situations Fund and a number of single country funds investing in India, Pakistan, Indonesia and Thailand.
He then went on to co-found emerging markets investment boutique BDT Invest LLP in London in 2000. Whilst at BDT, Rob co-managed a number of emerging market portfolios as well as the BDT Asian and Oriental Focus Funds.
John Ewart
Investment Manager
Years at Aubrey
12
Industry experience
36
John is a Director of Aubrey, and Investment Manager of the Global Emerging Markets Strategy. He joined the firm in 2012.
John is a graduate of the University of Strathclyde, with a BA in Economics and, additionally, is a member of the CFA Institute.
John has over 30 years’ investment industry experience across global equity markets. He joined Glasgow-based FS Assurance in 1988, and managed equity portfolios in the UK retail and pension fund market. He then moved to First State Investments in 2000 to manage retail and segregated European client portfolios. In 2004, he moved to Alliance Trust PLC and was a member of the Global Equity Team and subsequently responsible for the Global Emerging Markets portfolio.