Fact sheet: First State Asian Growth

Fund information
Fund name
First State Asian Growth IV Acc USD
Fund manager company
First State Investments (Hong
Fund type
No data available.
Fund managers
  • Alistair Thompsonsince 04/08/1999
  • Richard Jonessince 01/01/2014
Fund objective
The Fund aims to grow your investment. The Fund mainly invests in shares of companies based in or having significant operations in the Asia Pacific region (excluding Japan).
Benchmark
  • MSCI All Countries Asia ex Japan Gross Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-0.7%
1 Year rank in sector
158/175
Sector
FO Equity - Asia Pacific ex Japan
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.
2.2%
Fund size
£554m (£664m 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.
104
Top in this sector
Fund name1 Year
Templeton Asian Gth36.5%
TT International Asia Pac Eq35.8%
Old Mutual AnEqIn33%
Old Mutual Pac Eq32%
Old Mutual AnEqIn31.7%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • India26.6%
    Hong Kong22%
    Taiwan20.5%
    Singapore10.4%
    Australia5.7%
  • Information Technology25.5%
    Consumer Staples13.4%
    Financials12.6%
    Consumer Discretionary11.4%
    Industrials11%
  • Indian Equities26.6%
    Hong Kong Equities22%
    Taiwanese Equities20.5%
    Singapore Equities10.4%
    Australian Equities5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%-5.2%-0.8%-0.7%7.4%23.9%
Sector-3.1%-2.3%8.1%6.6%5.5%26.6%
Rank within sector148 / 184143 / 184174 / 183158 / 17569 / 15372 / 121
Quartile4th4th4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.7%-3%12.6%-3.8%23.4%
Sector8%-6.8%5.5%3.3%19.7%
Rank within sector163 / 17559 / 16731 / 156126 / 14136 / 120
Quartile4th2nd1st4th2nd
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.
1.02
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.
0.83
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%.
11.85
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.
5.67
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.
0.1
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.
0.81
Price movement
52 week high12.37
52 week low10.2
Current bid price-
Current offer price-
Current mid price11.36
Region
1India26.6%
2Hong Kong22%
3Taiwan20.5%
4Singapore10.4%
5Australia5.7%
6Korea4.4%
7Money Market4.3%
8China2.3%
9Thailand2.3%
Industry sector
1Information Technology25.5%
2Consumer Staples13.4%
3Financials12.6%
4Consumer Discretionary11.4%
5Industrials11%
6Materials7.3%
7Telecommunications Utilities5.8%
8Health Care5%
9Money Market4.3%
Asset type
1Indian Equities26.6%
2Hong Kong Equities22%
3Taiwanese Equities20.5%
4Singapore Equities10.4%
5Australian Equities5.7%
6South Korean Equities4.4%
7Money Market4.3%
8Chinese Equities2.3%
9Thai Equities2.3%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING6.5%
2CK HUTCHISON HLDGS LTD6.1%
3NEWCREST MINING5.7%
4INFOSYS LTD4.3%
5INFOSYS LTD4.3%
6DR REDDYS LABORATORIES4%
7DR REDDYS LABORATORIES4%
8SINGAPORE TELECOMMUNICATIONS3.9%
9TATA CONSULTANCY SERVICES3.9%
Management
Fund manager group
First State Investments
Fund manager company
First State Investments (Hong
Fund type
No data available.
Fund objective
The Fund aims to grow your investment. The Fund mainly invests in shares of companies based in or having significant operations in the Asia Pacific region (excluding Japan).
Benchmark
  • MSCI All Countries Asia ex Japan Gross Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alistair Thompson04/08/1999Alistair Thompson joined First State’s Asia Pacific/ Global Emerging Markets team in January 2003 in the role of Senior Portfolio Manager for Asia Pacific Equity. Alistair plays a supporting role in the management of Global Emerging Markets product, and has specific responsibility for research on Australasian companies. Following the merger of the Edinburgh-based Asia Pacific team with the Hong Kong and Singapore Asian teams in September 2003, Alistair relocated to Singapore in December 2003. Alistair joined First State from Edinburgh Fund Managers where he worked for nine years and was Head of Asia Pacific (ex Japan). Alistair was the portfolio manager for a range of open ended funds and a leading investment trust. Prior to joining Edinburgh Fund Managers in November 1993, he worked for CIM Fund Managers where he started managing their money market funds from 1990 and their Asian funds from 1992, having joined the firm in 1989. Alistair holds a Diploma in Fund Management from the Securities Institute of London.
Richard Jones01/01/2014Richard Jones is Senior Analyst/Portfolio Manager at First State Stewart (FSS). FSS is part of First State Investments and the team manages equities in Asia Pacific, Global Emerging and other international markets. He joined the team in January 2010. He is responsible for research and stock picking with a focus on the Asia Pacific (ex-Japan) region. He graduated from the London School of Economics with a first class degree in Economics (Government).
Compliance
Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Ireland, Offshore, Singapore
First State Asian Growth I Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price38.04
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCM38
First State Asian Growth I Dis USD
Initial charge5%
Annual charge1.5%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price35.63
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQ102
First State Asian Growth II Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.98
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRJ04
First State Asian Growth III Acc USD
Initial charge7%
Annual charge0.85%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.36%
Bid price-
Offer price-
Mid price46.81
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCM39
First State Asian Growth IV Acc USD
Initial charge5%
Annual charge2%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.36
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04CW
First State Asian Growth VI Acc USD
Initial charge7%
Annual charge0.85%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.19
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKOGD
First State Asian Growth VI Dis USD
Initial charge-
Annual charge0.85%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.49
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE5HT
Data provided by

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