Fact sheet: FL Invesco Perpetual Asian AP

Fund information
Fund name
FL Invesco Perpetual Asian AP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Stuart Parkssince 01/01/2005
  • William Lamsince 30/04/2015
Underlying fund
Invesco Perp Asian
Fund objective
Invesco Perpetual state that the objective of the fund is to achieve capital growth. The fund invests primarily in shares of Asian and Australasian companies (excluding Japan), or in shares of companies with significant interests in Asia and Australasia. In pursuing this objective, the manager may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions. The fund is actively managed within its objectives and is not constrained by a benchmark.
Benchmark
  • IA Asia Pacific Excl Japan
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
55.5%
1 Year rank in sector
2/218
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£3m (£2m 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.
120
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn59%
FL Invesco Perpetual Asian AP50.9%
FL Invesco Perp Asian Pn49%
LV= Invesco Perp Asian Pn48.8%
FL GM Asia Pac ExJapan Eq Pn48.7%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • Korea21.1%
    China20.6%
    Hong Kong16.3%
    Taiwan10.8%
    Australia10.1%
  • Information Technology35.4%
    Financials20.9%
    Consumer Discretionary11.8%
    Industrials7.6%
    Money Market5.1%
  • South Korean Equities21.1%
    Chinese Equities20.6%
    Hong Kong Equities16.3%
    Taiwanese Equities10.8%
    Australian Equities10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.4%16.4%18.5%55.5%79.8%100.6%
Sector2.1%10.4%9.8%35.1%47.4%56%
Rank within sector22 / 2252 / 2251 / 2232 / 2182 / 2041 / 189
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund16.4%39%-1.7%12.1%6.3%
Sector10.2%27%-3.6%8.3%0.7%
Rank within sector2 / 2251 / 21757 / 21534 / 2049 / 201
Quartile1st1st2nd1st1st
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.
5.21
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.
1.1
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.
1.06
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%.
15.91
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.
3.9
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.
1.61
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.
0.95
Price movement
52 week high852.6
52 week low534.2
Current bid price-
Current offer price-
Current mid price852.6
Region
1Korea21.13%
2China20.59%
3Hong Kong16.31%
4Taiwan10.83%
5Australia10.08%
6India7.72%
7Money Market5.1%
8Singapore2.65%
9Thailand2.14%
Industry sector
1Information Technology35.37%
2Financials20.86%
3Consumer Discretionary11.84%
4Industrials7.59%
5Money Market5.1%
6Materials4.85%
7Energy4.35%
8Utilities3.05%
9Real Estate3%
Asset type
1South Korean Equities21.13%
2Chinese Equities20.59%
3Hong Kong Equities16.31%
4Taiwanese Equities10.83%
5Australian Equities10.08%
6Indian Equities7.72%
7Money Market5.1%
8Singapore Equities2.65%
9Thai Equities2.14%
Individual holdings
1SAMSUNG ELECTRONICS CO7.01%
2NETEASE INC4.86%
3JD.COM INC3.86%
4BAIDU INC3.54%
5TAIWAN SEMICONDUCTOR CO3.22%
6CK HUTCHISON HLDGS LTD3.05%
7KB FINANCIAL GROUP INC2.81%
8KOREA ELECTRIC POWER CORP2.81%
9UNITED OVERSEAS BANK2.65%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Invesco Perpetual state that the objective of the fund is to achieve capital growth. The fund invests primarily in shares of Asian and Australasian companies (excluding Japan), or in shares of companies with significant interests in Asia and Australasia. In pursuing this objective, the manager may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions. The fund is actively managed within its objectives and is not constrained by a benchmark.
Benchmark
  • IA Asia Pacific Excl Japan
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Stuart Parks01/01/2005Based in Henley-on-Thames, Stuart is Head of Asian Equities at Invesco Perpetual and is one of our most experienced fund managers covering the region. He began his investment career in 1985 at Wood MacKenzie as a UK financial stocks analyst. From 1990 onwards Stuart has specialised in the Asian equity markets. In the first instance, he joined London Life as a Far Eastern fund manager before gaining further exposure to the region with Swiss Bank Portfolio Management International and GAN Fund Managers. He joined our company in 1994. Stuart holds an MA in Modern History from Oxford University and is an Associate of the CFA Society of the UK.
William Lam30/04/2015Based in Henley-on-Thames, William manages the Asian portion of the Pacific Fund. He also contributes ideas to the other Asian funds in our range for all sectors and geographies, but has a particular focus on Korea, Taiwan and the technology sector. William began his career in 1995, joining the John Lewis Partnership and then Deloitte in 1998, where he qualified as a chartered accountant. In 2001, he joined Orbis Investment Advisory as a global investment analyst, specialising in the telecommunications and technology sectors, before joining our company in May 2006. He holds an MA in Psychology and Philosophy from Oxford University, an MSc in Music Technology from York University, and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Invesco Perpetual Asian AP
Initial charge-
Annual charge0.81%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price852.6
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEY64
FL Invesco Perpetual Asian AP Inet
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price797.9
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEM17
Data provided by

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