Magna Umbrella Fund plc - Magna New Frontiers Fund

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There is only one type of share class for this fund.

Magna Umbrella Fund plc - Magna New Frontiers Fund S Inc

Category Global Frontier Markets Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£13.856

arrow-up£0.069 (+0.50%)

Fund Code

MAFSI

BZ4TPJ1

IE00BZ4TPJ17

Prices updated as at 25 Sep 2024

Prices in GBP

Investment objective

The Investment Objective of the Fund is to achieve capital growth by investing in Global Frontier Market Securities. The Fund intends to invest predominantly in the rapidly developing frontier markets of the world with opportunities anticipated to arise in the frontier markets of Europe, Africa, the Middle East, Central and South America and Asia on the basis that notwithstanding there has been economic progress in these markets, the Investment Manager believes there are opportunities for further growth and investment.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/05/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

4

14

18

Medium

20

18

4

Small

3

4

15

Valuation

Magna Umbrella Fund plc - Magna New Frontiers Fund S Inc

Global Frontier Markets Equity

8.78

8.85

1.82

1.43

1.41

1.35

8.21

6.61

Growth rate

Magna Umbrella Fund plc - Magna New Frontiers Fund S Inc

Global Frontier Markets Equity

9.92%

11.04%

2.90%

5.15%

169.66%

14.10%

Top 10 holdings

Sector

Country

Vietnam

% of assets

8.19991

Sector

Country

Greece

% of assets

6.12696

Sector

Country

Kazakhstan

% of assets

5.93611

Sector

Country

Greece

% of assets

3.82969

Sector

Country

Vietnam

% of assets

3.23217

Sector

Country

United Kingdom

% of assets

3.17319

Sector

Country

Vietnam

% of assets

2.70747

Sector

Country

Vietnam

% of assets

2.55185

Sector

Country

Saudi Arabia

% of assets

2.50388

Sector

Country

Kazakhstan

% of assets

2.42873

Assets in top 10 holdings %

40.69%

Total no. of equity holdings

60.00

Total no. of bond holdings

-

Stock sectors

Magna Umbrella Fund plc - Magna New Frontiers Fund S Inc

Global Frontier Markets Equity

51.98%

Basic materials

4.91%

Con cyclical

11.31%

Financial svs

32.81%

Real estate

2.96%

39.26%

Comm services

Energy

17.70%

Industrials

7.24%

Technology

14.32%

8.76%

Con defensive

3.57%

Healthcare

2.66%

Utilities

2.52%

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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