Martin Currie SMASh Series EM Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-12.4%
1 yr return
-10.6%
3 Yr Avg Return
-9.3%
5 Yr Avg Return
1.2%
Net Assets
$1.1 B
Holdings in Top 10
55.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.03%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LCSMX - Profile
Distributions
- YTD Total Return -12.4%
- 3 Yr Annualized Total Return -9.3%
- 5 Yr Annualized Total Return 1.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.48%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMartin Currie SMASh Series EM Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateJan 10, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Mathewson
Fund Description
• | is included in the MSCI Emerging Markets Index; |
• | is organized or headquartered in an emerging market country, or maintains most of its assets in one or more such countries; |
• | has a primary listing for its securities on a stock exchange of an emerging market country; or |
• | derives a majority of its exposure (e.g. percentage of sales, income or other material factors) from one or more emerging market countries. |
• | shareholder rights, |
• | accounting standards, |
• | remuneration, |
• | board structure, |
• | labor relations, |
• | supply chain, |
• | data protection, |
• | pollution/hazardous waste, |
• | water usage, and |
• | climate change. |
• | generate more than 5% of revenue from tobacco production, distribution or wholesale. |
• | generate more than 5% of revenue from the production or distribution of conventional or nuclear weapons. |
• | generate more than 5% of revenue from coal based power generation or the mining or distribution of thermal coal. |
• | generate revenue from the production, sale or distribution of dedicated and key components of controversial weapons (i.e., antipersonnel mines, biological and chemical weaponry and cluster munitions). |
• | as ‘fail’ under the principles set forth in the UN Global Compact. |
LCSMX - Performance
Return Ranking - Trailing
Period | LCSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.4% | -22.8% | 34.0% | 99.14% |
1 Yr | -10.6% | -21.0% | 32.8% | 99.14% |
3 Yr | -9.3%* | -13.7% | 10.1% | 97.49% |
5 Yr | 1.2%* | -7.0% | 10.4% | 58.56% |
10 Yr | N/A* | -1.5% | 8.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | LCSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.8% | -6.5% | 35.5% | 13.27% |
2022 | -28.0% | -50.1% | -2.4% | 76.14% |
2021 | 1.6% | -33.1% | 22.5% | 19.34% |
2020 | 35.0% | -22.1% | 80.1% | 7.34% |
2019 | 20.6% | -0.7% | 42.0% | 39.53% |
Total Return Ranking - Trailing
Period | LCSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.4% | -22.8% | 34.0% | 99.14% |
1 Yr | -10.6% | -21.0% | 32.8% | 99.14% |
3 Yr | -9.3%* | -13.7% | 10.1% | 97.49% |
5 Yr | 1.2%* | -7.0% | 10.4% | 58.56% |
10 Yr | N/A* | -1.5% | 8.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | LCSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.3% | -1.0% | 42.0% | 18.12% |
2022 | -27.2% | -42.2% | 1.9% | 79.82% |
2021 | 4.8% | -32.5% | 33.1% | 21.84% |
2020 | 35.7% | -20.0% | 81.6% | 8.65% |
2019 | 21.7% | 2.3% | 42.0% | 46.45% |
NAV & Total Return History
LCSMX - Holdings
Concentration Analysis
LCSMX | Category Low | Category High | LCSMX % Rank | |
---|---|---|---|---|
Net Assets | 1.1 B | 682 K | 111 B | 36.32% |
Number of Holdings | 30 | 9 | 7534 | 99.15% |
Net Assets in Top 10 | 615 M | 290 K | 23.8 B | 25.36% |
Weighting of Top 10 | 55.77% | 2.9% | 101.1% | 3.42% |
Top 10 Holdings
- SK Hynix Inc 8.55%
- Samsung Electronics Co Ltd 8.27%
- Reliance Industries Ltd 6.53%
- Samsung Electronics Co Ltd 6.26%
- Titan Co Ltd 5.79%
- Al Rajhi Bank 4.80%
- Antofagasta PLC 4.10%
- Contemporary Amperex Technology Co Ltd 3.97%
- Maruti Suzuki India Ltd 3.87%
- UltraTech Cement Ltd 3.62%
Asset Allocation
Weighting | Return Low | Return High | LCSMX % Rank | |
---|---|---|---|---|
Stocks | 100.26% | 0.00% | 103.28% | 6.27% |
Cash | 0.67% | -2.03% | 98.08% | 77.49% |
Preferred Stocks | 0.00% | 0.00% | 13.31% | 69.80% |
Other | 0.00% | -1.11% | 39.53% | 47.15% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 28.84% |
Bonds | 0.00% | 0.00% | 95.13% | 34.19% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LCSMX % Rank | |
---|---|---|---|---|
Technology | 34.19% | 0.00% | 47.50% | 4.33% |
Basic Materials | 16.20% | 0.00% | 30.03% | 1.88% |
Financial Services | 16.10% | 0.00% | 48.86% | 79.37% |
Consumer Cyclical | 11.22% | 0.00% | 48.94% | 62.05% |
Industrials | 9.02% | 0.00% | 43.53% | 21.50% |
Energy | 4.84% | 0.00% | 24.80% | 40.12% |
Healthcare | 3.72% | 0.00% | 16.53% | 55.12% |
Communication Services | 3.15% | 0.00% | 39.29% | 92.78% |
Consumer Defense | 1.56% | 0.00% | 25.90% | 96.68% |
Utilities | 0.00% | 0.00% | 39.12% | 78.79% |
Real Estate | 0.00% | 0.00% | 17.15% | 87.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LCSMX % Rank | |
---|---|---|---|---|
Non US | 90.75% | 0.00% | 100.52% | 29.20% |
US | 9.51% | 0.00% | 100.95% | 52.42% |
LCSMX - Expenses
Operational Fees
LCSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.03% | 0.03% | 29.98% | 99.71% |
Management Fee | 0.00% | 0.00% | 2.00% | 0.29% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
LCSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
LCSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
LCSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.00% | 0.00% | 189.00% | 30.40% |
LCSMX - Distributions
Dividend Yield Analysis
LCSMX | Category Low | Category High | LCSMX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.28% | 0.00% | 9.74% | 67.38% |
Dividend Distribution Analysis
LCSMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
LCSMX | Category Low | Category High | LCSMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.48% | -1.98% | 17.62% | 28.85% |
Capital Gain Distribution Analysis
LCSMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 17, 2024 | $0.113 | OrdinaryDividend |
Dec 15, 2023 | $0.125 | OrdinaryDividend |
Dec 15, 2022 | $0.099 | OrdinaryDividend |
Dec 15, 2021 | $0.383 | OrdinaryDividend |
Dec 15, 2020 | $0.058 | OrdinaryDividend |
Dec 18, 2019 | $0.079 | OrdinaryDividend |
Dec 19, 2018 | $0.120 | OrdinaryDividend |
LCSMX - Fund Manager Analysis
Managers
Andrew Mathewson
Start Date
Tenure
Tenure Rank
Jan 10, 2018
4.39
4.4%
Andrew is a co-manager of our Global Emerging Markets strategy. He has had responsibility for researching stocks in the consumer and healthcare sectors since the formation of the Global Emerging Markets team in 2010. Prior to this, he worked in Martin Currie’s Asia and Global Emerging Markets team, as an investment manager for the Global Emerging Markets product with a research focus on EMEA markets. He joined Martin Currie in 2005 from the Scottish Investment Trust, where he was an investment manager for UK equities. Andrew is a CFA® Charterholder. He has a BSc (Hons) in Economics from the University of St Andrews.
Alastair Reynolds
Start Date
Tenure
Tenure Rank
Jun 07, 2018
3.98
4.0%
Alastair has been investing in equities for almost 30 years. He joined Martin Currie in 2010, when Martin Currie expanded its commitment to the Emerging Market asset class. In addition to managing investment portfolios and conducting investment research, Alastair is also responsible for the overall management of our Emerging Markets team. During his career, Alastair has managed a broad range of emerging market equity strategies, including frontier markets and small caps. Prior to Joining Martin Currie, Alastair worked at Scottish Widows Investment Partnership, Edinburgh Fund Managers and Scottish Amicable Investment Management. He is an associate of the UK Society of Investment Professionals (ASIP), the predecessor of the CFA Society of the UK.
Paul Sloane
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Paul is a co-manager of our Global Emerging Markets strategy and has responsibility for researching financials stocks. Paul first joined Martin Currie in 2003, leading our global financials research and comanaging our Global Financials Absolute Return Fund from 2006 to 2011 and Global Alpha strategy from 2013. Paul left the firm in 2017 and re-joined in 2018 as part of the Global Emerging Markets team. Prior to his time at Martin Currie he was at Deutsche Bank, where he was responsible for specialist sales in the pan-European insurance sector. He started his career in 1993 as a Trainee Chartered Accountant at Standard Life before moving into an investment analyst role at Standard Life Investments in 1997. Paul is a Chartered Accountant (CA) and an associate of the UK Society of Investment Professionals (ASIP). Paul has a PGDip in Investment Analysis from the University of Stirling and a BA (Hons) Accounting from the University of Ulster.
Paul Desoisa
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Paul is a co-manager of Martin Currie’s Global Emerging Markets team, where he is responsible for researching stocks in the industrial and utilities sectors. He joined Martin Currie in 2013 as an investment trainee in technology, media and telecoms research, before progressing into a portfolio management role in the North America team. He previously worked as a trainee actuary for Punter Southall and has undertaken internships at J.P. Morgan and Redburn Partners. In 2012, Paul completed a BSc (Hons) in Mathematics and Statistics at the University of York. He is a CFA® Charterholder.
Colin Dishington
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Colin is a co-manager of our Global Emerging Markets strategy, with responsibility for researching stocks in the communication services sector. Before re-joining Martin Currie in 2018, he worked as a research analyst at Matthews Asia, an Asia-only investment specialist. Before this, Colin worked at Martin Currie from 2010-2012, initially as Assistant Research Analyst, working on global financials stocks, before progressing to Assistant Portfolio Manager in our Japan team. Colin is a Chartered Accountant (CA), beginning his professional career at Chiene & Tait Chartered Accountants. He was then at Lloyds Banking Group before he first joined Martin Currie. He is a CFA® Charterholder and has an MA in Economics from the University of Glasgow.
Divya Mathur
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Divya is a co-manager of our Global Emerging Markets strategy, with responsibility for technology sector research. He joined Martin Currie in 2010 from SWIP. As sector analyst, he was responsible for stocks across the technology and utilities sectors in emerging markets. Earlier, Divya spent over a decade at Henderson Global Investors in London, before managing GEM and dedicated Indian equity portfolios for eight years. Divya has an MSc in investment analysis from the University of Stirling and a BSc (Hons) in Computer Science and Accounting from the University of Manchester.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.68 | 13.42 |