Fact sheet: M&G Asian

Fund information
Fund name
M&G Asian I Acc GBP
Fund manager company
M&G UK
Fund type
OEIC
Fund managers
  • Matthew Vaightsince 29/02/2008
  • Alice de Charmoysince 01/03/2015
Fund objective
The fund invests in shares of companies throughout Asia (excluding Japan), or companies that conduct the majority of their business activities in these countries, with the aim of generating long-term capital growth. Portfolio construction is based on in-depth analysis of companies. The fund manager focuses on firms that are run for the benefit of their shareholders and whose long-term potential to generate returns, he thinks, is not fully appreciated by other investors.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
29.7%
1 Year rank in sector
39/63
Sector
UT Asia Pacific Excluding Japan
Yield
1.3%
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.
0.99%
Fund size
£576m (£566m 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
Mid price
1541.65
Top in this sector
Fund name1 Year
Invesco Perp Asian40.9%
Old Mutual Invesco Perp Asn39.7%
L&G Asian Income Trust38.3%
Old Mutual Asia Pacific37.1%
Henderson Inst AsPfcexJpnIdOp36.4%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China22.1%
    Korea18.4%
    Taiwan17.1%
    Hong Kong13.7%
    Australia10.2%
  • Information Technology29.7%
    Financials26.3%
    Industrials11.5%
    Materials8.9%
    Utilities6.2%
  • Chinese Equities22.1%
    South Korean Equities18.4%
    Taiwanese Equities17.1%
    Hong Kong Equities13.7%
    Australian Equities10.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%3.5%24.7%29.7%30.3%61%
Sector-3%0.9%20.5%30.1%32.7%56.1%
Rank within sector7 / 659 / 656 / 6539 / 6340 / 5722 / 50
Quartile1st1st1st3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund27.5%-4.7%7%5.2%21.6%
Sector27%-3.8%9.2%3.4%15.7%
Rank within sector32 / 6342 / 6145 / 5710 / 519 / 50
Quartile3rd3rd4th1st1st
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.
-0.85
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.
1.04
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.
0.35
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%.
15.17
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.
4.47
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.
0.91
Price movement
52 week high1613.02
52 week low1067.33
Current bid price-
Current offer price-
Current mid price1541.65
Region
1China22.14%
2Korea18.42%
3Taiwan17.06%
4Hong Kong13.69%
5Australia10.23%
6India5.13%
7Singapore4.63%
8UK3.19%
9Philippines2.05%
Industry sector
1Information Technology29.71%
2Financials26.33%
3Industrials11.46%
4Materials8.92%
5Utilities6.16%
6Consumer Discretionary6.09%
7Telecommunications4.28%
8Energy3.11%
9Consumer Staples1.72%
Asset type
1Chinese Equities22.14%
2South Korean Equities18.42%
3Taiwanese Equities17.06%
4Hong Kong Equities13.69%
5Australian Equities10.23%
6Indian Equities5.13%
7Singapore Equities4.63%
8UK Equities3.19%
9Philippine Equities2.05%
Individual holdings
1SAMSUNG ELECTRONICS CO4.96%
2TAIWAN SEMICONDUCTOR CO4.78%
3BAIDU INC3.32%
4CK HUTCHISON HLDGS LTD3.24%
5SHINHAN FINANCIAL GROUP3.18%
6DBS GROUP HLDGS LTD2.93%
7QBE INSURANCE GROUP2.6%
8AIA GROUP LTD2.54%
9SK HYNIX INC2.45%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund invests in shares of companies throughout Asia (excluding Japan), or companies that conduct the majority of their business activities in these countries, with the aim of generating long-term capital growth. Portfolio construction is based on in-depth analysis of companies. The fund manager focuses on firms that are run for the benefit of their shareholders and whose long-term potential to generate returns, he thinks, is not fully appreciated by other investors.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matthew Vaight29/02/2008Matthew Vaight joined M&G’s UK equity desk in 1996. He is a member of the M&G Equities team and is manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund. Matthew graduated from Oxford University with a first class honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).
Alice de Charmoy01/03/2015Alice de Charmoy was appointed deputy fund manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund in March 2015, having spent nearly two years as a dedicated analyst for the funds. She joined M&G in June 2013 from Comgest in Hong Kong, where she was an analyst focusing on Asian companies. Prior to that, Alice worked for Amiral Gestion as a global equities analyst. She graduated in 2005 from Université Paris Dauphine with a Masters degree in banking and finance. Alice is also a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Singapore, Sweden
M&G Asian A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price36.4048
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMO86
M&G Asian A Acc GBP
Initial charge4%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price2025.45
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG42
M&G Asian A Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£75
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price22.7066
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1Q1
M&G Asian A Inc GBP
Initial charge4%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price1292.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG12
M&G Asian C Acc EUR
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price40.2717
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMO91
M&G Asian C Acc USD
Initial charge3.25%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price24.0944
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1Q2
M&G Asian I Acc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price1541.65
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ZCN
M&G Asian I Inc GBP
Initial charge1%
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price1461.56
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0ZCO
M&G Asian R Acc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price152.55
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZCP
M&G Asian R Inc GBP
Initial charge1%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price145.89
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0ZCQ
M&G Asian X Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price2006.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY20
M&G Asian X Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price1290.46
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMY21
Data provided by

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