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AB FCP I-Emerging Markets Growth Portfolio I USD

Ranked 91 out of 263 in - Global Emerging Markets over 12 months
All calculations are in EUR unless stated

Managed by

Sergey Davalchenko

Sergey Davalchenko has been a Portfolio Manager on the International Large Cap Growth team at Alliance Bernstein since joining the firm in 2011. In early 2012, he also became a Portfolio Manager for Emerging Markets Growth. Before joining Alliance Bernstein, Davalchenko was a senior international analyst at Global Currents Investment Management, a subsidiary of Legg Mason. Prior to that, he worked as a portfolio manager at Fenician Capital Management, where he was a partner. Early in his career, Davalchenko specialized in international equities in various analyst and portfolio-management roles for the State of Wisconsin Investment Board and Oppenheimer Capital. He holds a BS in finance from the University of Wisconsin.

Laurent Saltiel

Laurent Saltiel is currently based in New York and is a Portfolio Manager for AllianceBernstein where he has worked since 2010. Previously he was with Janus Capital, where he started as an analyst in 2002 and became a portfolio manager in 2006. Laurent manages the AllianceBernstein Emerging Markets Growth Fund and the International large Cap Growth Fund. He graduated from Harvard Business School with an MBA in Business and Ecole Superieure de Commerce de Paris where he studied for a BA in International Marketing. Outside of work, he enjoys skiing and karate.

Guojia Zhang

Objective

The investment objective of the Portfolio is long-term growth of capital. The Portfolio seeks to achieve its investment objective by investing in a portfolio of equity securities of companies in emerging markets. Emerging markets include but are not limited to those countries listed in the MSCI Emerging Markets Index. The Portfolio may also invest in frontier markets from time to time. Frontier markets include but are not limited to those countries listed in the S&P Frontier Broad Market Index. In selecting securities for investment, the Investment Manager seeks to invest in high-quality issuers that it believes are well-positioned to grow over the long term.

Showing fund performance in Luxembourg View performance globally

Performance

Global Emerging Markets over : 31/05/2016 - 31/05/2017

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 10.4%
2016 11.1% -3.4% 6.6% 9.0% -1.0%
2015 0.1% 18.0% -5.3% -15.9% 6.4%
2014 17.0% -1.0% 11.2% 2.9% 3.3%
2013 -1.7% 2.0% -7.7% 3.1% 1.3%
2012 18.8% 13.5% -5.3% 6.1% 4.1%
2011 -21.5% -4.3% -3.5% -20.8% 7.4%
2010 23.1% 7.4% -0.5% 6.0% 8.6%
2009 68.8% 5.0% 22.9% 15.7% 13.1%
2008 -54.1% -17.2% 0.9% -20.8% -30.6%
2007 21.9% 1.2% 12.2% 7.2% 0.2%
2006 15.5% 9.9% -10.8% 5.4% 11.8%
2005 49.9% 6.0% 11.4% 17.1% 8.5%
2004 19.2% 13.3% -7.6% 5.9% 7.5%
2003 27.3% -11.4% 20.1% 12.6% 6.2%
2002 -21.0% 13.5% -18.1% -16.8% 2.1%
2001 -7.1% -5.6% 9.7% -32.4% 32.6%
2000 -24.5% 15.3% -11.9% -7.4% -19.7%
1999 142.9% 23.5% 32.4% -1.2% 50.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Chile
  4. Finland
  5. France
  6. Germany
  7. Hong Kong
  8. Iceland
  9. Italy
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Peru
  14. Singapore
  15. Spain
  16. Sweden
  17. Switzerland
  18. Taiwan

Fund Info

  • Launch date18/07/1997
  • Share Class size17Mn
  • Base currencyUSD
  • ISIN LU0079455316

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.90%

Related News

Taiwan and Korea will leave EM benchmark, says AA-rated manager

EM specialist says China still has room to grow compared to other Asian markets.

How best to tap a recovery in ‘edgy’ EM equities

AB duo Laurent Saltiel and Sergey Davalchenko on why it is too soon to be optimistic but where opportunities may emerge.

How Indian equities can regain the ‘Modi Mania’ mojo

Citywire A-rated Laurent Saltiel and co-manager Guojia Zhang believe the market will move to a more moderate rates stance and ride out wider concerns over Fed action.

China’s dot-com boom can drive real estate, says EM growth chief

Citywire A-rated Laurent Saltiel, head of EM equities at AllianceBernstein, discusses growth plays for a choppy market.

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