Fact sheet: Guinness Asian Eq Inc

Fund information
Fund name
Guinness Asian Equity Income X Acc GBP
Fund manager company
Guinness Asset Management Ltd
Fund type
OEIC
Fund manager
  • Edmund Harrisssince 19/12/2013
Fund objective
The investment objective of the Fund is to provide investors with both income and long-term capital appreciation.
Benchmark
  • MSCI AC Pacific ex Japan
Investment style
None
Investment method
Shares
Quick stats
1 Year return
25.5%
1 Year rank in sector
13/175
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.
1.24%
Fund size
£36m (£19m 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.
111
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

  • China26.1%
    Taiwan19.2%
    Hong Kong11.6%
    Thailand10.9%
    Australia8.1%
  • Information Technology25%
    Financials24.2%
    Consumer Discretionary19.1%
    Real Estate13.8%
    Health Care5.4%
  • Chinese Equities26.1%
    Taiwanese Equities19.2%
    Hong Kong Equities11.6%
    Thai Equities10.9%
    Australian Equities8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.4%2.5%23.7%25.5%--
Sector-3.1%-2.3%8.1%6.6%5.5%26.6%
Rank within sector152 / 18420 / 18410 / 18313 / 175--
Quartile4th1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund27.6%1.2%17.6%--
Sector8%-6.8%5.5%3.3%19.7%
Rank within sector8 / 17530 / 16715 / 156--
Quartile1st1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high16.48
52 week low10.98
Current bid price-
Current offer price-
Current mid price15.25
Region
1China26.1%
2Taiwan19.2%
3Hong Kong11.6%
4Thailand10.9%
5Australia8.1%
6Singapore8.1%
7USA5.5%
8Korea5.2%
9Japan3.2%
Industry sector
1Information Technology25%
2Financials24.2%
3Consumer Discretionary19.1%
4Real Estate13.8%
5Health Care5.4%
6Telecommunications Utilities3.3%
7Energy2.8%
8Industrials2.6%
9Consumer Staples2.5%
Asset type
1Chinese Equities26.1%
2Taiwanese Equities19.2%
3Hong Kong Equities11.6%
4Thai Equities10.9%
5Australian Equities8.1%
6Singapore Equities8.1%
7US Equities5.5%
8South Korean Equities5.2%
9Japanese Equities3.2%
Individual holdings
1LUK FOOK HLDGS3.4%
2RELO HOLDINGS INC3.2%
3CHINA MINSHENG BANKING CORP3%
4QUALCOMM INC3%
5TAIWAN SEMICONDUCTOR CO3%
6BOC HONG KONG(HLDGS)2.9%
7HON HAI PRECISION INDUSTRY2.9%
8NOVATEK MICROELECTRONICS CORP2.9%
9CHINA LILANG LTD2.8%
Management
Fund manager group
Guinness Asset Management
Fund manager company
Guinness Asset Management Ltd
Fund type
OEIC
Fund objective
The investment objective of the Fund is to provide investors with both income and long-term capital appreciation.
Benchmark
  • MSCI AC Pacific ex Japan
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Edmund Harriss19/12/2013Edmund Harriss joined Guinness Asset Management in April 2003 and is the lead manager of the Guinness Asian Equity Income Fund and the Guinness China and Hong Kong Fund. Edmund is a board member of both Guinness Asset Management and the US-based sister firm Guinness Atkinson Asset Management. Edmund has served as lead manager of the Guinness Atkinson China & Hong Kong Fund since 1998, the Guinness Atkinson Asia Focus Fund since 2003 and of the Guinness Atkinson Asia Pacific Dividend Fund since its March 31, 2006 inception. Edmund graduated from Christ Church, University of Oxford, with a Master's degree in Management Studies and has a Bachelor’s degree in History from the University of York. He is also an Associate of the Society of Investment Professionals.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Guinness Asian Equity Income C Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price14.6656
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZLZ
Guinness Asian Equity Income C Acc GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price12.2374
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM67D
Guinness Asian Equity Income C Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price10.2298
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM67E
Guinness Asian Equity Income X Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price15.0063
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZMC
Guinness Asian Equity Income X Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price15.2509
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZMA
Guinness Asian Equity Income X Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price11.6437
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZME
Guinness Asian Equity Income X Dis EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price13.5228
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZMD
Guinness Asian Equity Income X Dis GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price13.75
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZMB
Guinness Asian Equity Income X Dis USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price10.4769
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZMF
Guinness Asian Equity Income Z Dis GBP
Initial charge-
Annual charge0.25%
Min single investment£100,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price13.9537
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJZMG
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