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BMO LGM Frontier Markets B USD Acc

Ranked 8 out of 9 in - Frontier Markets over 12 months
All calculations are in EUR unless stated

Managed by

Dafydd Lewis

Dafydd Lewis joined LGM Investments in December 2011 as an analyst focusing on Frontier Financials and in 2014 he became portfolio manager to support Thomas Vester. He began his career in HSBC’s emerging market equity strategy team in 2005 and relocated to Dubai at the beginning of 2007 to cover Middle Eastern equity markets. In 2008 he joined GAM’s emerging market team in Dubai as an investment analyst with a primary focus on global frontier markets. Dafydd graduated with a BSc (Hons) in Economics from the University of Bath.

Thomas Vester

Thomas Vester joined LGM Investments in September 2011. Prior to this, he was at BankInvest in Copenhagen for over six years, initially specialising in Latin America and then Eastern Europe and was the portfolio manager of the BankInvest Eastern European fund. Thomas has also covered Asian equities and was seconded to BankInvest’s Singapore office. From September 2007, he was responsible for the BankInvest Frontier Market mandates. He holds a MSc in Applied Economics and Finance from Copenhagen Business School and has a distinguished academic career including studying at Harvard Business School, London School of Economics, University of Southern California and National University of Singapore. Thomas is an Associate of the Brenthurst Foundation in South Africa. In 2014 Thomas was appointed CIO of LGM.

Objective

The Fund aims for long-term capital growth through investment in an actively managed portfolio, primarily invested in equity and equity-related securities of companies in Frontier Markets worldwide. In exceptional circumstances, the Fund may invest in debt securities.

Showing fund performance in Ireland View performance globally

Performance

Frontier Markets over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.4% 0.9% -2.6%
2016 10.0% -5.9% 7.8% 2.9% 5.4%
2015 1.1% 9.0% -0.1% -8.6% 1.6%
2014 12.2% 2.3% 2.7% 11.0% -3.8%
2013 28.8% 14.1% 4.2% 0.9% 7.4%
2012 35.4% 13.3% 1.4% 11.5% 5.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Denmark
  2. Finland
  3. Ireland
  4. Italy
  5. Netherlands
  6. Sweden
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date28/11/2011
  • Share Class size160Mn
  • Base currencyUSD
  • ISIN IE00B4RLKV41

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment0

Related News

Exclusive: BMO GAM soft-closes frontier strategy

Strategy shut to new investors after hitting capacity limit, Citywire Selector has learned.

A-rated Shroff: how to milk value in Vietnam

Matthews Asia’s Sharat Shroff on why Vietnam is attractive to investors.

EMs are closing globalisation divide, says boutique CIO

LGM Investments' Thomas Vester says globalisation in developed markets is taking a back seat at a time when emerging markets are advancing.

Frontier market inflows are scaring me, warns Lloyd George CIO

Thomas Vester is concerned too much hot money is flowing into frontier markets and the sector could struggle to cope.

London boutique slows flows into frontier markets fund

UK group starts ‘actively monitoring’ assets under management in strategy as it nears capacity limits.

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