Fact sheet: Cavendish Asia Pacific

Fund information
Fund name
Cavendish Asia Pacific B Inc
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund manager
  • Liz Evanssince 14/06/2009
Fund objective
The objective of the Cavendish Asia Pacific Fund is to achieve long term capital growth.
Benchmark
  • MSCI Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.6%
1 Year rank in sector
54/63
Sector
UT Asia Pacific Excluding Japan
Yield
1.2%
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.
0.88%
Fund size
£139m (£112m 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.
121
Mid price
190.2
Top in this sector
Fund name1 Year
Invesco Perp Asian38.1%
Old Mutual Invesco Perp Asn36.9%
L&G Asian Income Trust35.8%
Old Mutual Asia Pacific34.6%
Henderson Inst AsPfcexJpnIdOp34.5%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China21.2%
    India13.3%
    Hong Kong12.9%
    Korea11.1%
    Australia10.5%
  • Consumer Discretionary15.6%
    Others12.3%
    Technology11.5%
    Industrials10.6%
    Communications9.2%
  • Chinese Equities21.2%
    Indian Equities13.3%
    Hong Kong Equities12.9%
    South Korean Equities11.1%
    Australian Equities10.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.9%-1.2%20.9%23.6%30.8%47.7%
Sector-2.8%0.6%20.3%28%31.9%53.4%
Rank within sector48 / 6550 / 6534 / 6554 / 6331 / 5738 / 50
Quartile3rd4th3rd4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund22.9%-2.9%12.1%-3%17.3%
Sector26.2%-3.8%9.2%3.4%15.7%
Rank within sector52 / 6325 / 6115 / 5747 / 5124 / 50
Quartile4th2nd2nd4th2nd
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.
-0.29
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.
1.06
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.
0.4
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%.
15.34
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.
4.07
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.
0.04
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.
0.93
Price movement
52 week high208.4
52 week low136.1
Current bid price-
Current offer price-
Current mid price190.2
Region
1China21.2%
2India13.3%
3Hong Kong12.9%
4Korea11.1%
5Australia10.5%
6Taiwan9.7%
7Others6.8%
8Thailand5.3%
9Money Market5%
Industry sector
1Consumer Discretionary15.6%
2Others12.3%
3Technology11.5%
4Industrials10.6%
5Communications9.2%
6Banks8.5%
7Consumer Staples8.3%
8Materials6.9%
9Utilities5.5%
Asset type
1Chinese Equities21.2%
2Indian Equities13.3%
3Hong Kong Equities12.9%
4South Korean Equities11.1%
5Australian Equities10.5%
6Taiwanese Equities9.7%
7International Equities6.8%
8Thai Equities5.3%
9Money Market5%
Individual holdings
1LARGAN PRECISION CO LTD3%
2TENCENT HLDGS LTD2.4%
3BAIDU INC2%
4TAIWAN SEMICONDUCTOR MANUFACTURING2%
5SK HYNIX INC1.8%
6TORRENT PHARMACEUTICAL1.8%
7TORRENT PHARMACEUTICAL1.8%
8BANK RAKYAT INDONESIA1.3%
9GEELY AUTOMOBILE HLDGS1.3%
Management
Fund manager group
Cavendish Asset Management
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund objective
The objective of the Cavendish Asia Pacific Fund is to achieve long term capital growth.
Benchmark
  • MSCI Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Liz Evans14/06/2009Liz Evans has 30 years of industry experience. Joining Cavendish in 1986 after graduation, she spent time working as an analyst before becoming a fund manager, during which time she developed her specialism in Asian and Latin American equities. Liz has managed the Cavendish Asia Pacific Fund since launch in 2009.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Cavendish Asia Pacific A Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeETV1
Cavendish Asia Pacific A Inc
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,500
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price190.1
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeETV0
Cavendish Asia Pacific B Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeETU9
Cavendish Asia Pacific B Inc
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price190.2
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeETU8
Cavendish Asia Pacific C Acc
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price201.1
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJGGR
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.