Fact sheet: Eastspring Inv Gr Chn Eq

Fund information
Fund name
Eastspring Inv Greater 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 in equity and equity-related securities of companies, which are incorporated, or have their area of primary activity, in the People’s Republic of China, Hong Kong SAR and Taiwan. The Sub-Fund may also invest in depository receipts including ADRs and GDRs, debt securities convertible into common shares, preference shares and warrants.
Benchmark
  • MSCI Golden Dragon Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
5.9%
1 Year rank in sector
9/39
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.
2.15%
Fund size
£126m (£116m 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.
138
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

  • China58.3%
    Taiwan22.4%
    Hong Kong18.6%
    Money Market0.7%
  • Information Technology36.1%
    Financials29.2%
    Real Estate9.9%
    Telecommunications Utilities6%
    Utilities4.9%
  • Chinese Equities58.3%
    Taiwanese Equities22.4%
    Hong Kong Equities18.6%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-5.9%7.8%5.9%0.5%21.1%
Sector-1.2%-4.4%8.6%2.1%2.5%27.8%
Rank within sector22 / 4023 / 4014 / 409 / 3922 / 3525 / 32
Quartile3rd3rd2nd1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8%-9.4%3.6%-1.7%22.9%
Sector3.8%-5%4.6%10.7%16.3%
Rank within sector8 / 4030 / 3619 / 3532 / 335 / 32
Quartile1st4th3rd4th1st
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.
-1.28
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.
0.96
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%.
17.45
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.
3.88
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.
-0.34
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.
0.96
Price movement
52 week high21.29
52 week low15.65
Current bid price19.89
Current offer price19.89
Current mid price-
Region
1China58.3%
2Taiwan22.4%
3Hong Kong18.6%
4Money Market0.7%
Industry sector
1Information Technology36.1%
2Financials29.2%
3Real Estate9.9%
4Telecommunications Utilities6%
5Utilities4.9%
6Energy4.1%
7Consumer Discretionary2.7%
8Industrials2.6%
9Materials2.6%
Asset type
1Chinese Equities58.3%
2Taiwanese Equities22.4%
3Hong Kong Equities18.6%
4Money Market0.7%
Individual holdings
1TENCENT HLDGS LTD8.61%
2TAIWAN SEMICONDUCTOR MANUFACTURING8.16%
3ALIBABA GROUP HLDG LTD6.66%
4CHINA MOBILE LTD5.5%
5CHINA CONSTRUCTION BANK5.06%
6INDUSTRIAL & COM BK CHNA4.2%
7AIA GROUP LTD3.88%
8BANK OF CHINA LTD3.77%
9BAIDU INC3.36%
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 in equity and equity-related securities of companies, which are incorporated, or have their area of primary activity, in the People’s Republic of China, Hong Kong SAR and Taiwan. The Sub-Fund may also invest in depository receipts including ADRs and GDRs, debt securities convertible into common shares, preference shares and warrants.
Benchmark
  • MSCI Golden Dragon 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, SRS, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Ireland, Republic Of Korea, Luxembourg, Macau, Offshore, Singapore, United Arab Emirates
Eastspring Inv Greater China Equity A USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.13%
Bid price19.894
Offer price19.894
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDOG5
Eastspring Inv Greater China Equity AH HKD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.13%
Bid price9.733
Offer price9.733
Mid price-
CurrencyHKD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04N6
Eastspring Inv Greater China Equity C USD
Initial charge5%
Annual charge0.75%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.85%
Bid price31.017
Offer price31.017
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDOG6
Eastspring Inv Greater China Equity D USD
Initial charge5%
Annual charge-
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)0.09%
Bid price10.925
Offer price10.925
Mid price-
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI31O
Data provided by

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