Our Emerging Fund uses an internal model to manage a benchmark ETF (In this case IEEM.L, an ETF which tracks the MSCI Emerging Markets Index), switching into and out of cash.
The results in the table are simulations based on our latest back tests.
The graph shows the return on an investment of £1,000 compared to the benchmark.
| Emerging Fund | Q1 | Q2 | Q3 | Q4 | YEAR | BENCHMARK | ALPHA |
|---|---|---|---|---|---|---|---|
| 2014 | -1.65% | 0.88% | 0.00% | 5.96% | 5.13% | 1.06% | 4.07% |
| 2015 | 6.54% | 6.78% | -0.27% | 1.77% | 15.46% | -13.65% | 29.11% |
| 2016 | 9.49% | -0.62% | 0.00% | 3.65% | 12.78% | 31.66% | -18.88% |
| 2017 | 3.54% | 0.00% | TBA | TBA | 3.54% | 11.35% | -7.81% |
