Fact sheet: Liontrust Asia Income

Fund information
Fund name
Liontrust Asia Income I Inc
Fund manager company
Liontrust Fund Partners LLP
Fund type
Unit Trust
Fund managers
  • Mark Williamssince 05/03/2012
  • Carolyn Chansince 05/03/2012
Fund objective
The investment objective of Liontrust Asia Income Fund is to provide a high level of income with long term capital appreciation.
Benchmark
  • IA Asia Pacific Ex Japan
Investment style
None
Investment method
Shares
Quick stats
1 Year return
32.9%
1 Year rank in sector
11/63
Sector
UT Asia Pacific Excluding Japan
Yield
4.7%
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.
1.06%
Fund size
£72m (£45m 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.
114
Bid price
126.67
Offer price
127.61
Top in this sector
Fund name1 Year
Invesco Perp Asian38.1%
Old Mutual Invesco Perp Asn36.9%
L&G Asian Income Trust35.8%
Old Mutual Asia Pacific34.6%
Henderson Inst AsPfcexJpnIdOp34.5%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China30%
    Taiwan14.3%
    Thailand11.9%
    Australia11.5%
    Hong Kong11.4%
  • Consumer Discretionary21.1%
    Information Technology18.8%
    Financials13.2%
    Industrials12.7%
    Telecommunications Utilities9.3%
  • Chinese Equities30%
    Taiwanese Equities14.3%
    Thai Equities11.9%
    Australian Equities11.5%
    Hong Kong Equities11.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%1.5%23.7%32.9%36%-
Sector-2.8%0.6%20.3%28%31.9%53.4%
Rank within sector18 / 6522 / 659 / 6511 / 6319 / 57-
Quartile2nd2nd1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund32%-3.3%7.3%8.7%-
Sector26.2%-3.8%9.2%3.4%15.7%
Rank within sector4 / 6328 / 6142 / 575 / 51-
Quartile1st2nd3rd1st
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.
0.98
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.
1.01
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.
0.48
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%.
14.51
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.
3.68
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.
0.26
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.
0.94
Price movement
52 week high133.99
52 week low90.02
Current bid price126.67
Current offer price127.61
Current mid price-
Region
1China29.96%
2Taiwan14.26%
3Thailand11.91%
4Australia11.47%
5Hong Kong11.41%
6Singapore6.9%
7New Zealand5.73%
8India2.59%
9Money Market1.91%
Industry sector
1Consumer Discretionary21.12%
2Information Technology18.8%
3Financials13.17%
4Industrials12.67%
5Telecommunications Utilities9.27%
6Real Estate7.89%
7Materials5.96%
8Utilities5.17%
9Health Care2.61%
Asset type
1Chinese Equities29.96%
2Taiwanese Equities14.26%
3Thai Equities11.91%
4Australian Equities11.47%
5Hong Kong Equities11.41%
6Singapore Equities6.9%
7New Zealand Equities5.73%
8Indian Equities2.59%
9Money Market1.91%
Individual holdings
1LITE-ON TECHNOLOGY CORP3.03%
2DUET GROUP2.91%
3CHINA MACHINERY ENGINEERING CORP2.87%
4INDUSTRIAL & COM BK CHNA2.71%
5Religare Health Trust NPV2.61%
6HCL TECHNOLOGIES2.59%
7HCL TECHNOLOGIES2.59%
8JASMINE BROADBAND INTERNET INFR FD2.59%
9TRUE TELECOM GWTH INFRASTRUCTURE FD2.51%
Management
Fund manager group
Liontrust
Fund manager company
Liontrust Fund Partners LLP
Fund type
Unit Trust
Fund objective
The investment objective of Liontrust Asia Income Fund is to provide a high level of income with long term capital appreciation.
Benchmark
  • IA Asia Pacific Ex Japan
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Mark Williams05/03/2012After leaving Cambridge University, Mark started his career in 1993 with James Capel Investment Management where he ran global investment mandates for discretionary portfolios. From August 1997, Mark joined Royal Sun Alliance to specialise in Asian investment, where he managed a number of mandates, including benchmark-measured, investment trust and peer group funds. In 2000 Mark took over the FPI GIP Far East Equity SICAV, then following the merger of ISIS Asset Management (born from the merger of Royal Sun Alliance and Friends Ivory & Sime) and F&C, he took over responsibility for the F&C Pacific Growth Fund, F&C’s flagship high alpha retail fund. Mark transferred to Liontrust in October 2011, having joined Occam in October 2007. Mark graduated in 1993 with a Law degree from Cambridge University. He holds a Securities Institute Diploma.
Carolyn Chan05/03/2012Carolyn has been managing Asian money since January 2010 and has 20 years of experience in the Asian financial sector. Most recently Carolyn worked in London for Hampton Investment Management, boutique investment company. Previously she spent 14 years stockbroking for Daiwa Securities, Citigroup, ING Barings and WI Carr in Hong Kong, Malaysia and Singapore. Carolyn has been an ASEAN product specialist for ten years. Carolyn joined Liontrust in January 2012.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Liontrust Asia Income A Inc
Initial charge2%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)-
Bid price120.21
Offer price123.53
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTUI
Liontrust Asia Income I Inc
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)2%
Bid price126.67
Offer price127.61
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0RHP
Liontrust Asia Income L Inc
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMGUQ
Liontrust Asia Income R Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.81%
Total expense ratio (TER)2%
Bid price116.56
Offer price123.3
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0RHQ
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