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 aims to generate capital growth over the long term (five years or more) by investing at least 70% of the fund in the shares of companies throughout Asia (excluding Japan) and Australasia. It can also invest in companies that conduct the majority of their business activities in these countries. Investments are chosen based purely on a company’s individual merits. The fund manager focuses on firms that are run for the benefit of their shareholders and whose future profitability, in his opinion, is not fully appreciated by other investors. He has an investment horizon of three to five years and selects stocks with different drivers of profitability to construct a diversified portfolio that has the potential to cope in a variety of market conditions.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
30.1%
1 Year rank in sector
23/65
Sector
UT Asia Pacific Excluding Japan
Yield
1.2%
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
£642m (£547m 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.
121
Mid price
1668.81
Top in this sector
Fund name1 Year
Invesco Perp Asian42%
Old Mutual Invesco Perp Asn40.7%
JPM Asia37.9%
Old Mutual Asia Pacific37.4%
JPM Institutional Asia36.8%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China19.5%
    Korea17.4%
    Taiwan16.8%
    Hong Kong16.1%
    Australia10.3%
  • Information Technology29.8%
    Financials28.8%
    Industrials12.1%
    Materials8.3%
    Utilities5.7%
  • Chinese Equities19.5%
    South Korean Equities17.4%
    Taiwanese Equities16.8%
    Hong Kong Equities16.1%
    Australian Equities10.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.3%2.5%4.6%30.1%39.1%60.2%
Sector-3.2%4.1%2.4%29.3%43.3%60.7%
Rank within sector59 / 6557 / 657 / 6523 / 6535 / 5728 / 51
Quartile4th4th1st2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund7.7%28.1%-4.7%7%5.2%
Sector8.6%27.3%-3.8%9.2%3.4%
Rank within sector41 / 6530 / 6342 / 6145 / 5710 / 51
Quartile3rd2nd3rd4th1st
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.
-0.15
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.
1.03
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.
0.72
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%.
14.78
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.
4.29
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.
0.02
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 high1752.14
52 week low1158.92
Current bid price-
Current offer price-
Current mid price1668.81
Region
1China19.5%
2Korea17.38%
3Taiwan16.81%
4Hong Kong16.06%
5Australia10.31%
6Singapore6.33%
7India5.52%
8UK2.78%
9Philippines1.86%
Industry sector
1Information Technology29.83%
2Financials28.78%
3Industrials12.07%
4Materials8.3%
5Utilities5.66%
6Consumer Discretionary4.04%
7Telecommunications4.02%
8Energy3.91%
9Money Market1.74%
Asset type
1Chinese Equities19.5%
2South Korean Equities17.38%
3Taiwanese Equities16.81%
4Hong Kong Equities16.06%
5Australian Equities10.31%
6Singapore Equities6.33%
7Indian Equities5.52%
8UK Equities2.78%
9Philippine Equities1.86%
Individual holdings
1SAMSUNG ELECTRONICS CO5.49%
2TAIWAN SEMICONDUCTOR CO4.62%
3AIA GROUP LTD3.44%
4CK HUTCHISON HLDGS LTD3.21%
5DBS GROUP HLDGS LTD3.21%
6BAIDU INC3.02%
7QBE INSURANCE GROUP2.91%
8SHINHAN FINANCIAL GROUP2.87%
9SK HYNIX INC2.51%
Management
Fund manager group
M&G
Fund manager company
M&G UK
Fund type
OEIC
Fund objective
The fund aims to generate capital growth over the long term (five years or more) by investing at least 70% of the fund in the shares of companies throughout Asia (excluding Japan) and Australasia. It can also invest in companies that conduct the majority of their business activities in these countries. Investments are chosen based purely on a company’s individual merits. The fund manager focuses on firms that are run for the benefit of their shareholders and whose future profitability, in his opinion, is not fully appreciated by other investors. He has an investment horizon of three to five years and selects stocks with different drivers of profitability to construct a diversified portfolio that has the potential to cope in a variety of market conditions.
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 price39.9641
CurrencyEUR
Price updated21/04/2017
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 price2186.49
CurrencyGBX
Price updated21/04/2017
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 price24.7313
CurrencyUSD
Price updated21/04/2017
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 price1394.94
CurrencyGBX
Price updated21/04/2017
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 price44.331
CurrencyEUR
Price updated21/04/2017
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 price26.3152
CurrencyUSD
Price updated21/04/2017
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)0.98%
Bid price-
Offer price-
Mid price1668.81
CurrencyGBX
Price updated21/04/2017
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 price1582.12
CurrencyGBX
Price updated21/04/2017
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 price164.98
CurrencyGBX
Price updated21/04/2017
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 price157.77
CurrencyGBX
Price updated21/04/2017
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 price2166.03
CurrencyGBX
Price updated21/04/2017
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 price1393.07
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMY21
Data provided by

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