Fact sheet: Henderson China Oppos

Fund information
Fund name
Henderson China Opportunities I Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • May Ling Weesince 30/09/2015
  • Charlie Awdrysince 11/06/2006
Fund objective
The fund aims to provide long-term capital growth by investing in Hong Kong and Chinese company shares.The fund may invest indirectly in Hong Kong and Chinese company shares by buying securities such as American depositary receipts (ADRs).
Benchmark
  • MSCI Zhong Hua
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
28.3%
1 Year rank in sector
2/11
Sector
UT China/Greater China
Yield
0.8%
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.
0.89%
Fund size
£523m (£432m 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.
135
Mid price
152.4
Top in this sector
Fund name1 Year
Baillie Gifford Greater China29.7%
Henderson China Oppos28.3%
Old Mutual Hend Chn Opps27.1%
First State GtrChina Gth26.9%
Fidelity China Consumer26.8%
...more in UT China/Greater China

Performance snapshot

Holdings snapshot

  • China80%
    Hong Kong15.5%
    Money Market3.9%
    Sweden0.6%
  • Technology20%
    Insurance12.5%
    Retail11.9%
    Telecommunications8.1%
    Automotive7.6%
  • Chinese Equities80%
    Hong Kong Equities15.5%
    Money Market3.9%
    Swedish Equities0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.9%4.2%28.4%28.3%49.7%82.2%
Sector-3.2%5.7%28.7%24.6%32.2%67.9%
Rank within sector9 / 116 / 112 / 112 / 112 / 115 / 10
Quartile4th3rd1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund27.1%3.8%13.8%19.4%5.1%
Sector24.6%1.3%5.9%13.9%13.9%
Rank within sector2 / 116 / 113 / 115 / 1010 / 10
Quartile1st3rd2nd2nd4th
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.
5.19
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.
0.97
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.
0.77
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%.
17.62
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.
3.28
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.
1.45
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 high164.4
52 week low99.44
Current bid price-
Current offer price-
Current mid price152.4
Region
1China79.96%
2Hong Kong15.53%
3Money Market3.88%
4Sweden0.63%
Industry sector
1Technology20.04%
2Insurance12.54%
3Retail11.9%
4Telecommunications8.11%
5Automotive7.57%
6Health Care5.7%
7Health & Household5.09%
8Financial Services4.76%
9Building & Construction4.07%
Asset type
1Chinese Equities79.96%
2Hong Kong Equities15.53%
3Money Market3.88%
4Swedish Equities0.63%
Individual holdings
1ALIBABA GROUP HLDG LTD9.25%
2TENCENT HLDGS LIMITED9.11%
3AIA GROUP LTD8.25%
4CHINA MOBILE LTD6.16%
5PING AN INSURANCE(GR)CO OF CHINA4.3%
6ANHUI CONCH CEMENT CO LTD4.07%
7SINA CORP3.72%
8CNOOC3.46%
9CHINA SHENHUA ENERGY CO LTD3.2%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
The fund aims to provide long-term capital growth by investing in Hong Kong and Chinese company shares.The fund may invest indirectly in Hong Kong and Chinese company shares by buying securities such as American depositary receipts (ADRs).
Benchmark
  • MSCI Zhong Hua
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
May Ling Wee30/09/2015Wee May Ling joined Henderson as an Investment Manager in 2015. She brings with her close to two decades of industry experience. May Ling was previously a portfolio manager with Lloyd George Management in Hong Kong, managing Greater China and Hong Kong, China equities. She started at the firm as an investment analyst. May Ling commenced her investment career as a research analyst in Dresdner Kleinwort Wasserstein Securities Singapore and subsequently, Hong Kong. Following that, she joined Deutsche Bank Hong Kong as an investment analyst. May Ling holds a BCom (Economics and Finance) from the University of New South Wales, Sydney. She is a CFA charterholder.
Charlie Awdry11/06/2006Charlie joined Henderson in 2011 as an Investment Manager. Charlie joined Gartmore in September 2001, with responsibility for research into the materials sector. In September 2003, Charlie assumed the role of Investment Manager and began supporting the management of the Gartmore China Opportunities Fund. As a sector specialist he conducted research into the industrials and materials sectors for Global Emerging markets products. Charlie spent six months working in Gartmore's Hong Kong office focusing on opportunities in the Chinese market, returning in April 2006. Charlie was appointed Fund Manager of the Gartmore China Opportunities Fund on June 2006. Charlie became manager of the Henderson Horizon China Fund in February 2015. Charlie is a CFA charter holder and holds a first class Honours BSc in Geography from the University of Bristol.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Chile, United Kingdom, Peru
Henderson China Opportunities A Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price1076
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNW92
Henderson China Opportunities I Acc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price152.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code060G
Henderson China Opportunities I Acc USD
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price14.44
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KNQ
Data provided by

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