Fact sheet: Blackfriars Asian Focus

Fund information
Fund name
Blackfriars Asian Focus A USD
Fund manager company
Blackfriars Asset Management L
Fund type
No data available.
Fund managers
  • Simon Dobsonsince 05/03/2001
  • Stephen Simmonssince 01/11/2013
  • Henry Thorntonsince 05/03/2001
Fund objective
The Blackfriars Asian Focus Fund invests in Asian equity markets including Japan and aims to generate long term capital growth. The Fund is not managed against, nor constrained by, any index. The mandate is "long only" and the portfolio is subject to normal market risk. The Dollar B share class is unhedged.
Benchmark
  • MSCI AC Asia Pacific
Investment style
Absolute Return
Investment method
No data available.
Quick stats
1 Year return
6.9%
1 Year rank in sector
20/22
Sector
FO Equity - Asia Pacific inc Japan
Yield
-
Fund size
£22m
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.
101
Top in this sector
Fund name1 Year
Fidelity Pacific46%
Matthews Asia Asia Div37.7%
Allianz Oriental Inc34.6%
Goodhart Partners MichnriJpEq30.6%
CC Asia Alpha24.2%
...more in FO Equity - Asia Pacific inc Japan

Performance snapshot

Holdings snapshot

  • Hong Kong & China23.9%
    India15.5%
    Korea13.4%
    Taiwan12.3%
    Thailand12.3%
  • Consumer Discretionary23.9%
    Information Technology14.5%
    Consumer Staples14.3%
    Financials11.8%
    Industrials10.8%
  • Asia Pacific Equities23.9%
    Indian Equities15.5%
    South Korean Equities13.4%
    Taiwanese Equities12.3%
    Thai Equities12.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%6.1%9.6%6.9%-5.7%31.1%
Sector2.1%10.7%11.9%14.5%13.7%47.8%
Rank within sector23 / 2321 / 2218 / 2220 / 2217 / 1815 / 16
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.5%-7.2%-3%5.2%26.5%
Sector9.1%0.5%2.9%10.8%15%
Rank within sector18 / 2219 / 2113 / 1813 / 172 / 16
Quartile4th4th3rd4th1st
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.
-4.45
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.
1.02
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
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%.
14.05
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.
5.69
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.
-0.79
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 high25.94
52 week low20.37
Current bid price-
Current offer price-
Current mid price25.45
Region
1Hong Kong & China23.9%
2India15.5%
3Korea13.4%
4Taiwan12.3%
5Thailand12.3%
6Philippines8.3%
7Money Market5.9%
8Malaysia4.1%
9Indonesia3%
Industry sector
1Consumer Discretionary23.9%
2Information Technology14.5%
3Consumer Staples14.3%
4Financials11.8%
5Industrials10.8%
6Real Estate8.8%
7Telecommunications Utilities6%
8Money Market5.9%
9Materials4%
Asset type
1Asia Pacific Equities23.9%
2Indian Equities15.5%
3South Korean Equities13.4%
4Taiwanese Equities12.3%
5Thai Equities12.3%
6Philippine Equities8.3%
7Money Market5.9%
8Malaysian Equities4.1%
9Indonesian Equities3%
Individual holdings
1MINTH GROUP6.44%
2SAMSUNG ELECTRONICS CO6.3%
3ZEE ENTERTAINMENT ENTERPRISES LTD5.59%
4ZEE ENTERTAINMENT ENTERPRISES LTD5.59%
5TAIWAN SEMICONDUCTOR MANUFACTURING5.54%
6ITC CORP5.05%
7HOUSING DEVELOPMENT FINANCE CORP4.84%
8HOUSING DEVELOPMENT FINANCE CORP4.84%
9AYALA LAND INC4.67%
Management
Fund manager group
BDT Invest
Fund manager company
Blackfriars Asset Management L
Fund type
No data available.
Fund objective
The Blackfriars Asian Focus Fund invests in Asian equity markets including Japan and aims to generate long term capital growth. The Fund is not managed against, nor constrained by, any index. The mandate is "long only" and the portfolio is subject to normal market risk. The Dollar B share class is unhedged.
Benchmark
  • MSCI AC Asia Pacific
Investment style
Absolute Return
Investment method
No data available.
Fund managers
NameSinceBiography
Simon Dobson05/03/2001Simon is a Portfolio Manager at Blackfriars, having joined the team in 2014. Prior to that, he joined GT Management (latterly INVESCO) in 1985 as a fund manager in Hong Kong. In 1988 he was appointed Investment Director and Head of the South East Asian investment team, a position he retained until he moved to Japan. In 1992 he transferred to Tokyo, working on Pan Asian investment strategy and managing Japanese equities. In 1999 he transferred to London to manage global equity mandates for Japanese clients. Simon resigned in 2000 to co-found BDT Invest and managed the BDT Invest Japan Focus Fund and the Japanese portion of the BDT Asian Focus Fund (now Blackfriars Asian Focus Fund).
Stephen Simmons01/11/2013Stephen is Head of Business Development and Sales, bringing some 19 years of experience in Asian markets to Blackfriars in 2014. After leaving the Army he returned to Hong Kong and spent 11 years with CLSA Asia Pacific Markets in Hong Kong, London and latterly in Thailand where he was Country Head. He left CLSA to become a partner in Cambodia’s first private equity fund. He remained with the fund until its successful hard close at which point he returned to London to join BDT Invest as Client Relationship and Marketing Director.
Henry Thornton05/03/2001Henry joined Blackfriars in 2014 as a Portfolio Manager. He began his career at Thornton Management (Asia) in 1985. In 1989 he was appointed investment director of Royal Trust Asset Management (Asia), a position he retained during subsequent acquisitions by Credit Lyonnais International Asset Management and Nicholas Applegate Capital Management. In 1999 he was appointed head of emerging markets at Colonial First State Investments, a position he retained until his resignation in April 2000. Henry went on to co-found BDT Invest LLP and was chief executive officer for 14 years, where he managed the Establishment Investment Trust and co-managed BDT Invest's Oriental Focus and Asian Focus Funds (now Blackfriars Oriental Focus and Asian Focus Funds).
Compliance
Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Blackfriars Asian Focus A EUR
Initial charge-
Annual charge1.5%
Min single investment£10,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price25.12
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBZ42
Blackfriars Asian Focus A GBP
Initial charge-
Annual charge1.5%
Min single investment£10,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price34.93
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBZ40
Blackfriars Asian Focus A USD
Initial charge-
Annual charge1.5%
Min single investment£10,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price25.45
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBX27
Blackfriars Asian Focus B EUR
Initial charge-
Annual charge0.9%
Min single investment£9,000
Min regular saving£2,300
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price26.48
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBZ43
Blackfriars Asian Focus B GBP
Initial charge-
Annual charge0.9%
Min single investment£10,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price38.22
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBZ41
Blackfriars Asian Focus B USD
Initial charge-
Annual charge0.9%
Min single investment£10,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price27.81
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBX28
Data provided by

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