Fact sheet: Aviva FS Grtr China Gr Pn

Fund information
Fund name
Aviva First State Greater China Growth Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Martin Lausince 07/04/2008
Underlying fund
First State GtrChina Gth
Fund objective
The Fund aims to grow your investment. The Fund invests in shares of companies that are based in or have significant operations in China, Hong Kong or Taiwan.
Benchmark
  • MSCI Golden Dragon
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
37.1%
1 Year rank in sector
48/218
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£4m (£4m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
122
Bid price
312.27
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn57.8%
FL Invesco Perpetual Asian AP50%
FL Invesco Perp Asian Pn49.7%
LV= Invesco Perp Asian Pn49.4%
FL GM Asia Pac ExJapan Eq Pn48.7%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China52.3%
    Taiwan31.6%
    Hong Kong15.7%
    Money Market0.4%
  • Information Technology36%
    Consumer Discretionary16.1%
    Health Care12.4%
    Industrials8.8%
    Consumer Staples8.1%
  • Hong Kong Equities49.4%
    Taiwanese Equities34.9%
    Chinese Equities10.7%
    US Equities2.2%
    Money Market1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%13.1%11.8%37.1%64.6%101.4%
Sector2.1%11.3%9.7%33.3%47.5%56.1%
Rank within sector17 / 22558 / 22554 / 22348 / 21820 / 2041 / 189
Quartile1st2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund11.7%23.7%5%8.4%13.6%
Sector10.1%27%-3.6%8.3%0.7%
Rank within sector51 / 225183 / 2173 / 215110 / 2044 / 201
Quartile1st4th1st3rd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.07
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.14
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.71
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
17.73
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
7.64
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.32
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.83
Price movement
52 week high312.32
52 week low209.79
Current bid price312.27
Current offer price-
Current mid price-
Region
1China52.3%
2Taiwan31.6%
3Hong Kong15.7%
4Money Market0.4%
Industry sector
1Information Technology36%
2Consumer Discretionary16.1%
3Health Care12.4%
4Industrials8.8%
5Consumer Staples8.1%
6Financials7.7%
7Utilities5.3%
8Real Estate2.6%
9Energy1.4%
Asset type
1Hong Kong Equities49.4%
2Taiwanese Equities34.9%
3Chinese Equities10.7%
4US Equities2.2%
5Money Market1.4%
6Singapore Equities1.4%
Individual holdings
1TAIWAN SEMICONDUCTOR CO6.3%
2TONG REN TANG TECHNOLOGIES CO5.6%
3TENCENT HLDGS LIMITED4.4%
4CK HUTCHISON HLDGS LTD4%
5ADVANTECH CO3.7%
6DELTA ELECTRONICS INC3.5%
7CSPC PHARMACEUTICAL GROUP LTD2.9%
8POSIFLEX TECHNOLOGIES INC2.8%
9TOWNGAS CHINA CO LTD2.8%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to grow your investment. The Fund invests in shares of companies that are based in or have significant operations in China, Hong Kong or Taiwan.
Benchmark
  • MSCI Golden Dragon
Investment style
Growth
Investment method
No data available.
Fund manager
NameSinceBiography
Martin Lau07/04/2008Martin Lau is a Managing Partner of First State Stewart Asia, part of First State Investments. Martin has more than 20 years of experience in managing Asia Pacific and Greater China portfolios. He joined the FSSA team in April 2002 and is based in Hong Kong. Martin is the lead manager of a number of First State funds: the First State Asian Equity Plus Fund, the First State Asian Bridge Fund, the First State Asia Pacific All Cap Fund, the First State New Era PRC Fund, the First State China Growth Fund, the First State Greater China Growth Fund and the First State Hong Kong Growth Fund. He is also co-manager of the Scottish Oriental Smaller Companies Trust in the UK. Martin graduated from Cambridge University with a Bachelor of Arts degree and a Masters degree in Engineering. He is also a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva First State Greater China Growth Pn Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price273.17
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBEM0
Aviva First State Greater China Growth Pn S6
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price312.27
Offer price-
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBEL9
Data provided by

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