Fact sheet: Deutsche Inv I Chinese Eqs

Fund information
Fund name
Deutsche Invest I Chinese Equities NC
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund manager
  • Yiqian Jiangsince 15/12/2006
Fund objective
The Fund invests at least 70% of its assets in stocks of Chinese companies (including Hong Kong) that we feel have strong market positions and solid prospects. The manager of the Subfund is Harvest Global Investments Limited, Hong Kong. Harvest Fund Management Co., Ltd, Shanghai serves as the investment advisor of the fund manager under the responsibility and at the expense of the fund manager.
Benchmark
  • MSCI China 10/40 (Euro)
Investment style
Active,Growth
Investment method
Shares
Quick stats
1 Year return
-0.7%
1 Year rank in sector
25/39
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.
2.34%
Fund size
£163m (£170m 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.
151
Top in this sector
Fund name1 Year
Fidelity China Focus29.3%
Old Mutual China Eq26.9%
Templeton China24.4%
Pictet Greater China20.1%
GS China Opp Eq Prtflio15.4%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

  • China92.9%
    Money Market7.1%
  • Information Technology31.3%
    Financials19%
    Consumer Discretionary7.9%
    Money Market7.1%
    Telecommunications Utilities6.7%
  • Chinese Equities94.2%
    Money Market5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-2.1%12.2%-0.7%14.9%33.4%
Sector-1.2%-4.4%8.6%2.1%2.5%27.8%
Rank within sector5 / 407 / 407 / 4025 / 398 / 3517 / 32
Quartile1st1st1st3rd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.1%-0%14.3%4.6%12.5%
Sector3.8%-5%4.6%10.7%16.3%
Rank within sector26 / 409 / 365 / 3527 / 3330 / 32
Quartile3rd1st1st4th4th
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.
4.11
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.
1.11
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.
0.08
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%.
21.48
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.
8.71
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.
0.43
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.
0.85
Price movement
52 week high183.42
52 week low133.85
Current bid price174.46
Current offer price179.86
Current mid price-
Region
1China92.9%
2Money Market7.1%
Industry sector
1Information Technology31.3%
2Financials19%
3Consumer Discretionary7.9%
4Money Market7.1%
5Telecommunications Utilities6.7%
6Industrials6.5%
7Property4.5%
8Energy4.4%
9Basic Materials3.8%
Asset type
1Chinese Equities94.2%
2Money Market5.8%
Individual holdings
1TENCENT HLDGS LIMITED9.2%
2ALIBABA GROUP HOLDING LTD8.8%
3CHINA MOBILE LTD5.3%
4INDUSTRIAL & COM BK CHNA4.1%
5CHINA CONSTRUCTION BANK4%
6BAIDU INC3.5%
7BANK OF CHINA LTD3.5%
8NETEASE INC2.7%
9PING AN INSURANCE(GR)CO OF CHINA2.6%
Management
Fund manager group
DWS Investment
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund objective
The Fund invests at least 70% of its assets in stocks of Chinese companies (including Hong Kong) that we feel have strong market positions and solid prospects. The manager of the Subfund is Harvest Global Investments Limited, Hong Kong. Harvest Fund Management Co., Ltd, Shanghai serves as the investment advisor of the fund manager under the responsibility and at the expense of the fund manager.
Benchmark
  • MSCI China 10/40 (Euro)
Investment style
Active,Growth
Investment method
Shares
Fund manager
NameSinceBiography
Yiqian Jiang15/12/2006Jiang Yiqian serves as Head of China Equity of the Adviser and is a co-lead portfolio manager of the Harvest Funds China All Assets. Ms. Jiang is jointly and primarily responsible for the day-to-day management of the Harvest Funds China All Assets. Ms. Jiang joined the Harvest Global Investments Limitedin September 2009 and is responsible for all China equities investment activities. Prior to joining the Harvest Global Investments Limited, she worked at Deutsche Asset Management in Hong Kong for 9 years as a portfolio manager for Chinese equities. Her previous experience includes 3 years as an assistant manager of Shanghai International Asset Management (HK) Co., Ltd and 2 years in the Shanghai B share market for Shanghai Shenyin Securities(currently known as Shenyin Wanguo). Ms. Jiang graduated from Shanghai University of Finance and Economics with a degree in Finance. She also holds an MBA in International Banking and Finance from the University of Birmingham, UK.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Italy, Republic Of Korea, Luxembourg, Macau, Monaco, Netherlands, Norway, Offshore, Peru, Dem. Peoples Republic Of Korea, Portugal, Singapore, Sweden, Taiwan - Province Of China
Deutsche Invest I Chinese Equities FC
Initial charge-
Annual charge0.75%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price202.18
Offer price202.18
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeR590
Deutsche Invest I Chinese Equities FC USD
Initial charge-
Annual charge0.85%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.07%
Bid price167.41
Offer price167.41
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeR591
Deutsche Invest I Chinese Equities LC
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.66%
Bid price185.98
Offer price195.77
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR589
Deutsche Invest I Chinese Equities LC USD
Initial charge5%
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.03%
Bid price155.55
Offer price163.74
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR592
Deutsche Invest I Chinese Equities NC
Initial charge3%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)2.35%
Bid price174.46
Offer price179.86
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR587
Deutsche Invest I Chinese Equities RD GBP
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1%
Bid price125.43
Offer price125.43
Mid price-
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBSV8
Data provided by

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