Fact sheet: Henderson Far East Inc Ltd

Fund information
Fund name
Henderson Far East Income Ltd Ord
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund managers
  • Michael Kerleysince 01/01/2007
Fund objective
Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
30.6%
1 Year rank in sector
9/15
Sector
IT Asia Pacific excluding Japan Equities
Yield
5.8%
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.
1.21%
Fund size
£0m
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.
133
Mid price
351.25
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
348.6
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+0.76
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Fd Asn Valu PLC45.1%
JP Morgan Asian IT plc41.5%
Schroder Asia Pacific39.2%
ScrdrAsnTtlRetnInvstCo35.5%
Martin Currie Asia Uncnstd Trt35.2%
...more in IT Asia Pacific excluding Japan Equities

Performance snapshot

Holdings snapshot

  • Australia21%
    China20.5%
    Korea16.7%
    Taiwan11.3%
    Singapore9.7%
  • Financials33.6%
    Telecommunications14.1%
    Consumer Goods12.6%
    Industrials12.5%
    Technology11.5%
  • Australian Equities21%
    Chinese Equities20.5%
    South Korean Equities16.7%
    Taiwanese Equities11.3%
    Singapore Equities9.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%2.1%3.3%30.6%36.5%61.1%
Sector-1.3%5.9%4.5%32.7%46.3%66.2%
Rank within sector14 / 1515 / 1510 / 159 / 1510 / 159 / 15
Quartile4th4th3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.9%26.1%-5.7%9.6%2.5%
Sector9.4%28.9%-6.1%11.7%1.3%
Rank within sector14 / 1513 / 158 / 1511 / 158 / 15
Quartile4th4th3rd3rd3rd
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.
-2.56
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
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.
0.59
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%.
15.05
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.
5.58
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.
-0.48
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.
0.86
Price movement
52 week high368.88
52 week low270.75
Current bid price351.75
Current offer price354.25
Current mid price351.25
Region
1Australia21%
2China20.5%
3Korea16.7%
4Taiwan11.3%
5Singapore9.7%
6Thailand6.3%
7Hong Kong5.6%
8Others4.89%
9UK2.9%
Industry sector
1Financials33.63%
2Telecommunications14.1%
3Consumer Goods12.57%
4Industrials12.47%
5Technology11.54%
6Oil & Gas8.75%
7Consumer Services5.65%
8Utilities3.88%
9Basic Materials3.1%
Asset type
1Australian Equities21%
2Chinese Equities20.5%
3South Korean Equities16.7%
4Taiwanese Equities11.3%
5Singapore Equities9.7%
6Thai Equities6.3%
7Hong Kong Equities5.6%
8International Equities4.89%
9UK Equities2.9%
Individual holdings
1SAMSUNG ELECTRONICS CO4.4%
2NETEASE INC4.2%
3TAIWAN SEMICONDUCTOR MANUFACTURING3.4%
4RIO TINTO2.9%
5PTT PUBLIC CO2.7%
6MACQUARIE KOREA INFRASTRUCTURE FUND NPV2.6%
7MACQUARIE GROUP LTD2.5%
8HON HAI PRECISION INDUSTRY2.4%
9SPARK NEW ZEALAND LTD2.4%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund objective
Henderson Far East Income aims to provide a high level of dividend as well as capital appreciation from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Michael Kerley01/01/2007Mike Kerley joined Henderson in 2004 as a fund manager for Pacific equities. He has been managing investment trusts at Henderson since 2007 and is co-manager of the Henderson Asian Dividend Income strategy. Previously, Mike worked at INVESCO Asset Management in their operations department. He later took up the positions of trainee fund manager for Asian equities, fund manager for global equities and fund manager for emerging market equities. Following this he moved to ISIS Asset Management as director of Pacific Basin equities.
Compliance
AIC Member, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Jersey, Offshore
Henderson Far East Income Ltd Ord
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price348.6
CurrencyGBX
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJFB
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.