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GAM Multistock - Eastern Europe Focus Eq-EUR B

Ranked 72 out of 118 in - Emerging Markets Europe over 12 months
All calculations are in USD unless stated

Managed by

Erdinç Benli

Erdinç Benli is head of emerging markets equities at GAM Investment Management (Switzerland) Ltd. He has over 23 years' industry experience and prior to joining GAM in May 2013 he worked at AMG Analysen & Anlagen, where he was responsible for European equities including emerging markets. He started out at Deutsche Bank in Zurich, followed by four years at Swisscanto before joining GAM for the first time where he was head of European equities until 2008. Erdinç completed his studies in business administration at the University of St. Gallen and is a Certified European Financial Analyst (CEFA). He is based in Zurich.

Objective

The fund aims to provide long-term capital growth by investing primarily in companies in Central Europe, Eastern Europe and the Black Sea region. The active investment approach includes a bottom-up stock selection based on in-depth company analysis and top-down portfolio construction taking into consideration sector attractiveness and broader macro trends. The fund is suitable for long-term oriented investors who wish to participate in an active, unconstrained investment strategy.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Europe over : 30/06/2016 - 30/06/2017

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 3.3% 1.4%
2016 30.0% 12.7% -0.1% 8.8% 6.1%
2015 -12.5% 0.9% 2.0% -13.2% -2.0%
2014 -28.2% -13.0% 17.4% -13.1% -19.2%
2013 0.4% 0.7% -9.2% 8.2% 1.4%
2012 20.3% 19.4% -13.2% 10.4% 5.1%
2011 -28.4% 10.0% -5.5% -28.8% -3.2%
2010 14.1% 6.7% -16.2% 19.2% 7.0%
2009 99.1% -7.3% 45.5% 30.9% 12.8%
2008 -70.9% -13.7% 3.9% -41.1% -44.9%
2007 36.7% 6.0% 8.1% 7.3% 11.2%
2006 29.9% 10.0% -8.6% 5.0% 23.0%
2005 39.2% 3.3% -1.7% 35.3% 1.4%
2004 57.7% 26.8% -9.2% 13.1% 21.1%
2003 40.1% -10.3% 15.1% 16.7% 16.3%
2002 10.3% 12.1% -6.0% -15.2% 23.4%
2001 2.6% -21.8% 33.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/01/2017

Top 10 Holdings

Stock Size
Sberbank Rossii PAO ORD 14.17
NK Lukoil PAO DR 8.13
Magnit PAO ORD 5.93
Gazprom PAO DR 4.21
X5 Retail Group NV DR 3.81
Mail.ru Group Ltd DR 3.09
Gazprom Neft' PAO ORD 2.60
Moskovskaya Birzha MMVB-RTS PAO ORD 2.55
VEON Ltd DR 2.40
Novatek PAO DR 2.34
31/01/2017

Registered For Sale In

  1. Austria
  2. Belgium
  3. Cyprus
  4. Estonia
  5. France
  6. Germany
  7. Italy
  8. Latvia
  9. Liechtenstein
  10. Lithuania
  11. Luxembourg
  12. Netherlands
  13. Peru
  14. Singapore
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date28/02/2001
  • Share Class size18Mn
  • Base currencyEUR
  • ISIN LU0122455214

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.40%

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