Fact sheet: Legg Mason MC Grt China

Fund information
Fund name
Legg Mason Martin Currie Greater China A USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • James Chongsince 01/05/2006
Fund objective
To produce long-term capital growth by investing at least 80 per cent of its Net Asset Value in shares that are issued by companies domiciled in or originating the main portion of their income from the People’s Republic of China, Hong Kong or Taiwan.
Benchmark
  • MSCI Golden Dragon
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
3.7%
1 Year rank in sector
14/39
Sector
FO Equity - Greater China
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
£12m (£11m 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.
136
Top in this sector
Fund name1 Year
Fidelity China Focus29.3%
Old Mutual China Eq26.9%
Templeton China24.4%
Pictet Greater China20.1%
GS China Opp Eq Prtflio15.4%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

  • China59.7%
    Taiwan20.7%
    Hong Kong17.9%
    Cayman Islands0.9%
    USA0.8%
  • Information Technology40.9%
    Financials20.1%
    Consumer Discretionary13.9%
    Real Estate6.6%
    Industrials5.7%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%-6.4%6.9%3.7%6.2%32.5%
Sector-1.2%-4.4%8.6%2.1%2.5%27.8%
Rank within sector29 / 4030 / 4022 / 4014 / 3910 / 3519 / 32
Quartile3rd3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%-3.9%4.3%9.7%19.3%
Sector3.8%-5%4.6%10.7%16.3%
Rank within sector14 / 4017 / 3616 / 3518 / 3319 / 32
Quartile2nd2nd2nd3rd3rd
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.
1.14
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.
0.95
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
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%.
17.22
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.
3.39
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.
0.32
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 high24.48
52 week low17.97
Current bid price-
Current offer price-
Current mid price22.63
Region
1China59.65%
2Taiwan20.74%
3Hong Kong17.93%
4Cayman Islands0.85%
5USA0.82%
Industry sector
1Information Technology40.86%
2Financials20.12%
3Consumer Discretionary13.88%
4Real Estate6.63%
5Industrials5.69%
6Telecommunications Utilities4.74%
7Health Care4.69%
8Energy2.5%
9Money Market1.22%
Asset type
No data available.
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING9.41%
2TENCENT HLDGS LTD8.76%
3ALIBABA GROUP HLDG LTD6.65%
4AIA GROUP LTD5.21%
5CHINA MOBILE LTD4.74%
6CHINA CONSTRUCTION BANK3.56%
7INDUSTRIAL & COM BK CHNA3.14%
8BAIDU INC2.84%
9NEW ORIENTAL EDUCATION & TECHNOLOGY2.59%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
To produce long-term capital growth by investing at least 80 per cent of its Net Asset Value in shares that are issued by companies domiciled in or originating the main portion of their income from the People’s Republic of China, Hong Kong or Taiwan.
Benchmark
  • MSCI Golden Dragon
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
James Chong01/05/2006A Chinese national, James joined Martin Currie in 2006 to strengthen our multi-cap expertise and manage all our open-ended China and Greater China funds. Before joining Martin Currie, James was vice-president of equities at Lombard Odier Darier Hentsch, where he managed several Greater China mandates. Earlier, he was vice-president of investments and head of research with South Capital Group, and a senior manager with Nikko Securities. James was a Qualified Accountant (American CPA) with PriceWaterhouse Cooper before he began his investment career in 1994, as China investment analyst with MeesPierson Securities. He graduated from Nottingham Trent University.
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 Greater China 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)2%
Bid price-
Offer price-
Mid price7.2
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIWC8
Legg Mason Martin Currie Greater China 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)2%
Bid price-
Offer price-
Mid price22.63
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM958
Legg Mason Martin Currie Greater China 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 price114.61
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN2BG
Data provided by

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