Fact sheet: Eastspring Inv ChinaEq

Fund information
Fund name
Eastspring Inv China Equity A USD
Fund manager company
Eastspring Investments (Lux) S
Fund type
Offshore Fund
Fund managers
  • John Tsaisince 01/11/2016
Fund objective
This Sub-Fund aims to maximize long-term total return by investing primarily in equity and equity-related instruments of corporations, which are incorporated in, or listed in, or operating principally from, or carrying on significant business in, or derive substantial revenue from, or whose subsidiaries, related or associated corporations derive substantial revenue from, the People's Republic of China (PRC). The investments of the Sub-Fund include, but are not limited to, listed securities in the Recognised Markets, depository receipts including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), debt securities convertible into common shares, preference shares and warrants.
Benchmark
  • MSCI China 10/40 Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17.9%
1 Year rank in sector
17/31
Sector
FO Equity - 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.
2.14%
Fund size
£260m (£268m 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.
152
Top in this sector
Fund name1 Year
Pictet China Index44%
Allianz China Eq42.9%
Matthews Asia China41.5%
Aberdeen Gbl Chinese Equity35.4%
JGF-Jupiter China Select29%
...more in FO Equity - China

Performance snapshot

Holdings snapshot

  • China94.3%
    Money Market5.7%
  • Financials30.8%
    Information Technology26.9%
    Telecommunications Utilities8.7%
    Energy8%
    Real Estate5.8%
  • Chinese Equities94.3%
    Money Market5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%-4.3%2.2%17.9%-0.8%9.2%
Sector2.4%-2.5%5%16.9%11.9%36.3%
Rank within sector11 / 3223 / 3227 / 3117 / 3117 / 2624 / 24
Quartile2nd3rd4th3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund3.4%-2.4%-7.4%2.4%-1%
Sector3%-2.1%0.9%8.4%11.5%
Rank within sector15 / 3217 / 3122 / 2618 / 2623 / 26
Quartile2nd3rd4th3rd4th
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.
-4.6
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.
0.94
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%.
20.08
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.
6.21
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.
-0.77
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.
0.91
Price movement
52 week high12.88
52 week low9.45
Current bid price11.79
Current offer price11.79
Current mid price-
Region
1China94.3%
2Money Market5.7%
Industry sector
1Financials30.8%
2Information Technology26.9%
3Telecommunications Utilities8.7%
4Energy8%
5Real Estate5.8%
6Money Market5.7%
7Consumer Staples5%
8Consumer Discretionary4.3%
9Industrials2.5%
Asset type
1Chinese Equities94.3%
2Money Market5.7%
Individual holdings
1ALIBABA GROUP HLDG LTD9.98%
2TENCENT HLDGS LTD9.79%
3CHINA CONSTRUCTION BANK9.55%
4CHINA MOBILE LTD9.11%
5BAIDU INC5.05%
6BANK OF CHINA LTD4.96%
7INDUSTRIAL & COM BK CHNA4.95%
8CNOOC4.27%
9NETEASE INC4.22%
Management
Fund manager group
No data available.
Fund manager company
Eastspring Investments (Lux) S
Fund type
Offshore Fund
Fund objective
This Sub-Fund aims to maximize long-term total return by investing primarily in equity and equity-related instruments of corporations, which are incorporated in, or listed in, or operating principally from, or carrying on significant business in, or derive substantial revenue from, or whose subsidiaries, related or associated corporations derive substantial revenue from, the People's Republic of China (PRC). The investments of the Sub-Fund include, but are not limited to, listed securities in the Recognised Markets, depository receipts including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), debt securities convertible into common shares, preference shares and warrants.
Benchmark
  • MSCI China 10/40 Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
John Tsai01/11/2016John J. Tsai is an investment office, equity research analyst and equity portfolio manager at MFS investment Management® (MFS®). He works closely with MFS's analysts and portfolio managers and is a member of the firm's international consumer cyclicals and consumer staples teams. He is based in the firm's Singapore office. Prior to joining MFS in 2001 and being promoted to vice president in 2005, John spent four years as a manager and senior equity analyst for Indosuez W.I. Carr Securities in Taiwan. John received his Master of Arts and Master of Business Administration degrees from the University of Pennsylvania. He also received his Bachelor of Commerce degree from McGill University. Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.
Compliance
Reporting Fund Status, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Switzerland, Denmark, Finland, United Kingdom, Hong Kong, Ireland, Republic Of Korea, Luxembourg, Macau, Norway, Offshore, Singapore, Sweden, Taiwan - Province Of China, United Arab Emirates
Eastspring Inv China Equity A USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.13%
Bid price11.785
Offer price11.785
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUI7
Eastspring Inv China Equity Aadmc1 Hedged AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.05%
Bid price7.945
Offer price7.945
Mid price-
CurrencyAUD
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKX2Q
Eastspring Inv China Equity Adm USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.13%
Bid price8.938
Offer price8.938
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN5WL
Eastspring Inv China Equity Admc1 USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.15%
Bid price8.009
Offer price8.009
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKX2P
Eastspring Inv China Equity Ae EUR
Initial charge3.25%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.13%
Bid price12.833
Offer price12.833
Mid price-
CurrencyEUR
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGEJL
Eastspring Inv China Equity Ah HKD
Initial charge3.25%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.13%
Bid price9.141
Offer price9.141
Mid price-
CurrencyHKD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04NB
Eastspring Inv China Equity Ahdm HKD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.15%
Bid price8.284
Offer price8.284
Mid price-
CurrencyHKD
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN5WM
Eastspring Inv China Equity Andmc1 Hedged NZD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.06%
Bid price7.879
Offer price7.879
Mid price-
CurrencyNZD
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKX2R
Eastspring Inv China Equity Ar Hedged CNY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)2.05%
Bid price10.517
Offer price10.517
Mid price-
CurrencyCNY
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVVX
Eastspring Inv China Equity As SGD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.13%
Bid price10.434
Offer price10.434
Mid price-
CurrencySGD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6B6
Eastspring Inv China Equity Azdmc1 Hedged ZAR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.06%
Bid price7.988
Offer price7.988
Mid price-
CurrencyZAR
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKX2S
Eastspring Inv China Equity B USD
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.99%
Bid price11.119
Offer price11.119
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGUSY
Eastspring Inv China Equity Ce EUR
Initial charge5.75%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.84%
Bid price13.604
Offer price13.604
Mid price-
CurrencyEUR
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGEJM
Eastspring Inv China Equity D USD
Initial charge5%
Annual charge-
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.09%
Bid price30.585
Offer price30.585
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDUI8
Eastspring Inv China Equity J USD
Initial charge5%
Annual charge1%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.33%
Total expense ratio (TER)0.32%
Bid price13.755
Offer price13.755
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUI9
Eastspring Inv China Equity R USD
Initial charge5%
Annual charge0.75%
Min single investment£500
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.37%
Bid price9.998
Offer price9.998
Mid price-
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI32R
Data provided by

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