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
  • Xiao Lisince 31/12/2013
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
Investment style
None
Investment method
Shares
Quick stats
1 Year return
12.4%
1 Year rank in sector
15/30
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
£295m (£247m 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.
147
Top in this sector
Fund name1 Year
Matthews Asia China35.5%
Allianz China Eq32.2%
Pictet China Index32.2%
JGF-Jupiter China Select29.5%
Aberdeen Gbl Chinese Equity27.8%
...more in FO Equity - China

Performance snapshot

Holdings snapshot

  • China98%
    Money Market2%
  • Information Technology30.5%
    Financials30.1%
    Telecommunications Utilities9.1%
    Energy7.9%
    Real Estate6.8%
  • Chinese Equities98%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%16.3%17.3%12.4%3.1%29.4%
Sector3.6%15.6%14.5%12.4%19.8%50%
Rank within sector18 / 3116 / 3110 / 3115 / 3023 / 2620 / 23
Quartile3rd3rd2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund9.5%-7.4%2.4%-1%19.7%
Sector4.5%0.9%8.4%11.5%13.5%
Rank within sector9 / 3122 / 2618 / 2623 / 266 / 23
Quartile2nd4th3rd4th2nd
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.
-4.72
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
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%.
20.09
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.
5.78
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.
-0.88
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.
0.92
Price movement
52 week high12.88
52 week low9.45
Current bid price12.78
Current offer price12.78
Current mid price-
Region
1China98%
2Money Market2%
Industry sector
1Information Technology30.5%
2Financials30.1%
3Telecommunications Utilities9.1%
4Energy7.9%
5Real Estate6.8%
6Consumer Staples4.6%
7Consumer Discretionary4.1%
8Utilities2.5%
9Industrials2.4%
Asset type
1Chinese Equities98%
2Money Market2%
Individual holdings
1TENCENT HLDGS LTD10.15%
2CHINA MOBILE LTD9.78%
3ALIBABA GROUP HLDG LTD9.36%
4CHINA CONSTRUCTION BANK8.32%
5INDUSTRIAL & COM BK CHNA5.05%
6BANK OF CHINA LTD5.02%
7BAIDU INC4.91%
8PING AN INSURANCE(GR)CO OF CHINA4.77%
9CNOOC4.34%
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
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Xiao Li31/12/2013Xiao Li joined Eastspring Investments in 2010. Based in Hong Kong, he is a Portfolio Manager within the Equity team at Eastspring Investments. He is the lead manager for Hong Kong, Greater China and China equity strategies. Xiao has over 10 years of investment experience in China. Previously, Xiao worked with Macquarie Group as a materials analyst in Hong Kong. He was with CLSA in a similar role and commenced his career with BHP Billiton in China. Xiao holds a Master’s degree from The London School of Economics and Political Science. He also has a Bachelor’s degree from Nankai University in China.
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 price12.782
Offer price12.782
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUI7
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 price9.916
Offer price9.916
Mid price-
CurrencyHKD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04NB
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 price10.762
Offer price10.762
Mid price-
CurrencySGD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6B6
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 price8.752
Offer price8.752
Mid price-
CurrencyAUD
Price updated23/09/2016
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 price9.811
Offer price9.811
Mid price-
CurrencyUSD
Price updated23/09/2016
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 price8.822
Offer price8.822
Mid price-
CurrencyUSD
Price updated23/09/2016
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 price13.156
Offer price13.156
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGEJL
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 price9.092
Offer price9.092
Mid price-
CurrencyHKD
Price updated23/09/2016
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 price8.689
Offer price8.689
Mid price-
CurrencyNZD
Price updated23/09/2016
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 price11.297
Offer price11.297
Mid price-
CurrencyCNY
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVVX
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 price8.761
Offer price8.761
Mid price-
CurrencyZAR
Price updated23/09/2016
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 price12.015
Offer price12.015
Mid price-
CurrencyUSD
Price updated23/09/2016
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 price13.892
Offer price13.892
Mid price-
CurrencyEUR
Price updated23/09/2016
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 price32.96
Offer price32.96
Mid price-
CurrencyUSD
Price updated23/09/2016
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)-
Total expense ratio (TER)-
Bid price14.833
Offer price14.833
Mid price-
CurrencyUSD
Price updated23/09/2016
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 price10.817
Offer price10.817
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI32R
Data provided by

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