Fact sheet: LM MC Asia Pac

Fund information
Fund name
Legg Mason Martin Currie Asia Pacific A USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Paul Danessince 31/03/2013
  • Andrew Grahamsince 31/03/2011
Fund objective
To produce long-term growth by investing in all or any of the Indian sub-continent, Australia, New Zealand and the Far East, excluding Japan.
Benchmark
  • MSCI AC Asia ex Japan Net Dividends Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
5%
1 Year rank in sector
94/175
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.
1.95%
Fund size
£2m (£1m 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.
123
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

  • China30.1%
    Korea14.8%
    Australia13.5%
    Taiwan9.6%
    Hong Kong9.4%
  • Information Technology26.1%
    Financials25.9%
    Consumer Discretionary15.3%
    Industrials7.4%
    Telecommunications Utilities5.9%
  • Chinese Equities30.1%
    South Korean Equities14.6%
    Australian Equities13.2%
    Taiwanese Equities9.4%
    Hong Kong Equities9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-2.8%7%5%-5.7%12.8%
Sector-3.1%-2.3%8.1%6.6%5.5%26.6%
Rank within sector68 / 18490 / 18490 / 18394 / 175128 / 153108 / 121
Quartile2nd2nd2nd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7.9%-7.4%-5.1%1.5%20.9%
Sector8%-6.8%5.5%3.3%19.7%
Rank within sector81 / 17598 / 167153 / 15691 / 14161 / 120
Quartile2nd3rd4th3rd3rd
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.
-4.18
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.
1.19
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.
-0.01
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%.
15.84
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.
4.62
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.
-0.85
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.
0.93
Price movement
52 week high12.04
52 week low9.15
Current bid price-
Current offer price-
Current mid price11.28
Region
1China30.05%
2Korea14.75%
3Australia13.47%
4Taiwan9.63%
5Hong Kong9.41%
6India8.67%
7Singapore5.36%
8USA2.39%
9Thailand1.96%
Industry sector
1Information Technology26.08%
2Financials25.91%
3Consumer Discretionary15.34%
4Industrials7.42%
5Telecommunications Utilities5.85%
6Materials5.14%
7Money Market3.97%
8Consumer Staples3.8%
9Real Estate3.04%
Asset type
1Chinese Equities30.05%
2South Korean Equities14.63%
3Australian Equities13.21%
4Taiwanese Equities9.4%
5Hong Kong Equities9.36%
6Indian Equities8.64%
7Money Market7.42%
8Singapore Equities5.36%
9Thai Equities1.93%
Individual holdings
1TENCENT HLDGS LTD5.86%
2TAIWAN SEMICONDUCTOR MANUFACTURING5.83%
3SAMSUNG ELECTRONICS CO5.1%
4AIA GROUP LTD5.04%
5COMMONWEALTH BANK OF AUSTRALIA4.19%
6CHINA CONSTRUCTION BANK3.48%
7ALIBABA GROUP HLDG LTD3.46%
8CHINA MOBILE LTD3.16%
9MACQUARIE GROUP LTD2.97%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
To produce long-term growth by investing in all or any of the Indian sub-continent, Australia, New Zealand and the Far East, excluding Japan.
Benchmark
  • MSCI AC Asia ex Japan Net Dividends Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Paul Danes31/03/2013Paul is the co-manager of our Asia portfolios, including the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds. He joined Martin Currie in 2007, initially working with our Japan team before joining the Asia team in 2011. In 2012, Paul moved to Singapore as chief executive officer of our Asian subsidiary, Martin Currie Asia Pte Ltd, where, in addition to his portfolio-management duties, he conducts local research for Asian markets. Before joining Martin Currie, Paul held portfolio-management roles with Nordea Investment Funds in Luxembourg and Deutsche Asset Management in London and Tokyo.
Andrew Graham31/03/2011Andrew joined Martin Currie in 2010 and heads our Asia team. He is lead manager of the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds alongside the Martin Currie Pacific Trust. He joined us from Sofaer Global Research, bringing with him over 20 years’ experience of managing Asia-Pacific equities. At Sofaer, where he was a partner, Andrew managed the company’s Japan absolute return fund and co-managed its Pacific-region absolute return fund. Prior to this he spent five years as senior vice president at Putnam Investments, where he co-managed its International Capital Opportunities Fund, focusing particularly on the Asia-Pacific region. Earlier in his career Andrew held portfolio management roles at both Scottish Widows Investment Partnership and Kemper Investment Management.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore, El Salvador, Sweden
Legg Mason Martin Currie Asia Pacific A EUR
Initial charge5%
Annual charge1.5%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price13
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeR675
Legg Mason Martin Currie Asia Pacific A USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price11.28
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeR676
Legg Mason Martin Currie Asia Pacific X Inc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.02
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN2BC
Data provided by

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