Fact sheet: Baring Hong Kong Chn

Fund information
Fund name
Baring Hong Kong China C NAV USD
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
OEIC
Fund managers
  • Laura Luosince 31/08/2013
Fund objective
The objective of the Fund is to achieve long-term capital growth in the value of assets. The Fund will seek to achieve its investment objective by investing in equities and equity-related securities of companies incorporated in Hong Kong or China, or in companies exercising the predominant part of their economic activity in Hong Kong or China. The Fund may also invest in companies incorporated in Taiwan or quoted on the Taiwan stock exchange or in companies that have a significant proportion of their assets or other interests in Taiwan.
Benchmark
  • MSCI China
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-3.2%
1 Year rank in sector
31/39
Sector
FO Equity - Greater China
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.78%
Fund size
£1,761m (£1,904m 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.
145
Top in this sector
Fund name1 Year
Fidelity China Focus26.4%
Old Mutual China Eq25%
Templeton China23.6%
Pictet Greater China18.8%
GS China Opp Eq Prtflio13.7%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

  • China86.7%
    Hong Kong8.2%
    Taiwan2.4%
    Money Market1.6%
    USA0.7%
  • Information Technology26.6%
    Financials21.1%
    Consumer Discretionary12.6%
    Industrials9.7%
    Others6.5%
  • Chinese Equities86.7%
    Hong Kong Equities8.2%
    Taiwanese Equities2.4%
    Money Market1.6%
    US Equities0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-8.1%5.9%-3.2%-4.9%10.2%
Sector-0.9%-4.1%9.9%1.8%2.2%28.6%
Rank within sector20 / 4040 / 4037 / 4031 / 3928 / 3531 / 32
Quartile2nd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.9%-5.5%4.1%7.3%11.2%
Sector3.6%-5%4.6%10.7%16.3%
Rank within sector33 / 4022 / 3618 / 3523 / 3332 / 32
Quartile4th3rd3rd3rd4th
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.
-2.62
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.
1.15
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.
-0.01
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%.
20.93
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.
5.05
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.
-0.54
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.
0.96
Price movement
52 week high890.98
52 week low672.92
Current bid price-
Current offer price-
Current mid price816.71
Region
1China86.7%
2Hong Kong8.2%
3Taiwan2.4%
4Money Market1.6%
5USA0.7%
6Singapore0.4%
Industry sector
1Information Technology26.6%
2Financials21.1%
3Consumer Discretionary12.6%
4Industrials9.7%
5Others6.5%
6Telecommunications Utilities6.4%
7Consumer Staples4.9%
8Energy4.5%
9Health Care4.2%
Asset type
1Chinese Equities86.7%
2Hong Kong Equities8.2%
3Taiwanese Equities2.4%
4Money Market1.6%
5US Equities0.7%
6Singapore Equities0.4%
Individual holdings
1TENCENT HLDGS LTD9.7%
2CHINA MOBILE LTD5.8%
3BANK OF CHINA LTD5.7%
4PING AN INSURANCE(GR)CO OF CHINA5.7%
5ALIBABA GROUP HLDG LTD4.5%
6CHINA CONSTRUCTION BANK3.6%
7SUNNY OPTICAL TECHNOLOGY GROUP3.1%
8CHINA RESOURCES BEER HLDGS CO LTD2.8%
9AAC TECHNOLOGIES HLDGS INC2.3%
Management
Fund manager group
Baring
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
OEIC
Fund objective
The objective of the Fund is to achieve long-term capital growth in the value of assets. The Fund will seek to achieve its investment objective by investing in equities and equity-related securities of companies incorporated in Hong Kong or China, or in companies exercising the predominant part of their economic activity in Hong Kong or China. The Fund may also invest in companies incorporated in Taiwan or quoted on the Taiwan stock exchange or in companies that have a significant proportion of their assets or other interests in Taiwan.
Benchmark
  • MSCI China
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Laura Luo31/08/2013Laura is Head of Hong Kong China Equities at Barings and has responsibility for our Hong Kong-China equity investment team, as well as managing the Baring Hong Kong China Fund. Laura was born in Guangzhou, in southern China, and took her first degree in International Economics at Peking University. As she was growing up, China was beginning the process of opening up its economy to the wider world, and Laura became interested in the economies of Western nations. Guangzhou itself was one of the first national economic development zones in China and at the forefront of the major changes that took place in China during the 1980s and 1990s. After graduating, Laura took up a role with the Chinese government, and for two years worked to help the authorities and Chinese companies do business with their Western counterparts, as well as to help foreign companies to invest in China, something that would later prove to be very useful when analysing potential investment opportunities. Laura then moved to Canada, to pursue an MBA from the University of Toronto. Once she had adjusted to the cold weather, Laura found the city and people to be pleasant and welcoming, and so stayed on to work at the Bank of Nova Scotia as a financial analyst in the comptroller department. Upon moving to Hong Kong after six years in Toronto, Laura worked at a number of investment banks, including Goldman Sachs and Morgan Stanley, analysing companies across sectors in the still growing Chinese economy. She was the China strategist and head of China research at Societe Generale Securities before taking up her first role on the buy side at Schroders. She sought a move into investment management in order to see her investment ideas actually put into action. Having begun as an analyst, Laura progressed to managing two China funds that were launched in South Korea, and later launched and managed Schroder's flagship China fund's SISF China Opportunities.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Gulf Cooperation Council, Hong Kong, Ireland, Offshore, Singapore
Baring Hong Kong China A Acc NAV USD
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price886.7
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0Z6H
Baring Hong Kong China A Hedged NAV RMB
Initial charge-
Annual charge1.25%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price5887.74
CurrencyCNH
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM42Y
Baring Hong Kong China A NAV GBP
Initial charge5%
Annual charge1.25%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price677.68
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHXC4
Baring Hong Kong China A NAV HKD
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price6705.35
CurrencyHKD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKMJ2
Baring Hong Kong China C NAV EUR
Initial charge5%
Annual charge1.25%
Min single investment£3,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.78%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price765.36
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEAW4
Baring Hong Kong China C NAV USD
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.78%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price816.71
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEAW3
Baring Hong Kong China I Acc NAV
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price700.27
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK9KY
Baring Hong Kong China I Acc NAV USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price892.62
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMPRH
Baring Hong Kong China NAV EUR
Initial charge5%
Annual charge1.25%
Min single investment£3,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price805.04
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW552
Baring Hong Kong China NAV USD
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price864.58
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW553
Data provided by

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