Fact sheet: LV= Threadneedle China Opp Pn

Fund information
Fund name
LV= Threadneedle China Opportunities Pn
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Vanessa Donegansince 09/10/2013
Underlying fund
Threadneedle China Opps
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests at least two-thirds of its assets in shares of companies in China or companies that have significant operations there. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • MSCI China 10/40 Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
17.2%
1 Year rank in sector
219/222
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£1m (£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.
148
Bid price
160.1
Offer price
168.5
Top in this sector
Fund name1 Year
FL Invesco Perpetual Asian AP42%
FL GM Asia Pac ExJapan Eq Pn39.8%
RLP AsPacCre+(InvescoPerpAsian)Pn39.6%
Scot Eq Invesco Perp Asian Pn39.5%
FL Invesco Perp Asian Pn39.3%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China99.7%
    Money Market0.3%
  • Information Technology31.3%
    Financials24.9%
    Consumer Discretionary9.1%
    Energy8.7%
    Telecommunications Utilities7.7%
  • Chinese Equities99.7%
    Money Market0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.9%-2.6%20.9%17.2%29.5%79.1%
Sector-2.6%1.1%19.6%29.1%31%50.4%
Rank within sector216 / 227207 / 225125 / 224219 / 222111 / 2099 / 190
Quartile4th4th3rd4th3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund16.8%-2.9%14.1%24.4%15.2%
Sector26.3%-3.6%8.3%0.7%16.6%
Rank within sector216 / 22281 / 22024 / 2092 / 206142 / 190
Quartile4th2nd1st1st3rd
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.
1.13
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.
1.09
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.
0.38
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%.
18.63
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.
10.08
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.
0.13
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.
0.71
Price movement
52 week high179.1
52 week low112.1
Current bid price160.1
Current offer price168.5
Current mid price-
Region
1China99.7%
2Money Market0.3%
Industry sector
1Information Technology31.3%
2Financials24.9%
3Consumer Discretionary9.1%
4Energy8.7%
5Telecommunications Utilities7.7%
6Real Estate5.2%
7Health Care4.6%
8Materials3.3%
9Industrials2.5%
Asset type
1Chinese Equities99.7%
2Money Market0.3%
Individual holdings
1ALIBABA GROUP HLDG LTD9.9%
2TENCENT HLDGS LIMITED9.6%
3CHINA MOBILE LTD7.7%
4CHINA CONSTRUCTION BANK5.7%
5BAIDU INC5.1%
6AIA GROUP LTD4%
7CNOOC3.7%
8BANK OF CHINA LTD3.6%
9CHINA PETROLEUM & CHEMICAL CORP3.4%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests at least two-thirds of its assets in shares of companies in China or companies that have significant operations there. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • MSCI China 10/40 Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Vanessa Donegan09/10/2013Vanessa joined the company in 1994 and was appointed Head of Asia ex Japan Equities team in September 1997. She is currently Head of Asian Equities, EMEA. In addition to her leadership role, Vanessa has analytical responsibility for the banking and insurance sectors across the region and shares responsibility for Australia and the materials sectors. Vanessa began her career in 1981 with Grieveson Grant Stockbrokers where she progressed to manage Far Eastern investments. She joined Allied Dunbar Asset Management¹ in 1986, where she was responsible for the management of Far Eastern funds. Vanessa holds a degree in classics from Oxford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Threadneedle China Opportunities Pn
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.99%
Bid price160.1
Offer price168.5
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeILJ5
Data provided by

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