Fact sheet: ML ZEAL VygGrtChina UCITS

Fund information
Fund name
ML ZEAL Voyage Greater China UCITS Z Acc USD
Fund manager company
Merrill Lynch International
Fund type
Offshore Fund
Fund manager
  • Ronald Chansince 25/08/2014
Fund objective
The Investment Objective of the Sub-Fund is to generate long-term risk adjusted returns through investments in different asset classes of companies predominantly established or operating within the Greater China area, which includes the People’s Republic of China (PRC), including Hong Kong and Macau, and also Taiwan, by implementing a long-short equity strategy with a long bias.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
3.3%
1 Year rank in sector
28/109
Sector
FO Hedge/Stru Prod - Equity
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.
2.2%
Fund size
£33m
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.
107
Top in this sector
Fund name1 Year
Majedie Tortoise28.4%
MontLake ToscaMiCaUCITS27.8%
DNB ECO Abs Rt25.9%
Stratton Street Japan Syn Warrant21%
Income Partners AllSeasnAsCred19.5%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • China36.3%
    Others13.9%
    Hong Kong4.8%
    Taiwan1%
  • Consumer Discretionary26.4%
    Information Technology21.8%
    Materials10.5%
    Health Care9.9%
    Industrials2.9%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-4%6.5%3.3%--
Sector0.6%-0.1%0.5%-2.2%3.5%14.6%
Rank within sector102 / 118110 / 12713 / 12128 / 109--
Quartile4th4th1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund2%-5.4%---
Sector-1.9%2.7%2.5%7.1%3.9%
Rank within sector37 / 11087 / 94---
Quartile2nd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high105.9
52 week low90.94
Current bid price-
Current offer price-
Current mid price101.22
Region
1China36.31%
2Others13.89%
3Hong Kong4.82%
4Taiwan0.97%
Industry sector
1Consumer Discretionary26.41%
2Information Technology21.77%
3Materials10.53%
4Health Care9.87%
5Industrials2.91%
6Utilities-3.34%
7Others-12.14%
Asset type
No data available.
Individual holdings
1SHENZHOU INTERNATIONAL GROUP HLDGS7.62%
2ALIBABA GROUP HLDG LTD6.83%
3HANGZHOU HIKVISION DIGITAL TECH CO5.86%
4CHINA HONGQIAO GROUP LTD4.84%
5UNIVERSAL DISPLAY CORP4.63%
Management
Fund manager group
Merrill Lynch
Fund manager company
Merrill Lynch International
Fund type
Offshore Fund
Fund objective
The Investment Objective of the Sub-Fund is to generate long-term risk adjusted returns through investments in different asset classes of companies predominantly established or operating within the Greater China area, which includes the People’s Republic of China (PRC), including Hong Kong and Macau, and also Taiwan, by implementing a long-short equity strategy with a long bias.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Equity
Fund manager
NameSinceBiography
Ronald Chan25/08/2014Ronald Chan has been with our Group in various capacities since 1995, and has over 12 years of investment experience. Before joining Global Investors, Ronald was an investment analyst with National Mutual Fund Management Asia, and before that with Barclays Bank as credit analyst. Ronald graduated as an aeronautical engineer at The Imperial College, The University of London, followed by an MBA at the same university. He is a CFA charter-holder and is based in Hong Kong. Ronald has managed the Allianz Total Return Asian Equity Fund since May 2004.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
ML ZEAL Voyage Greater China UCITS B Acc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.26
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKV4M
ML ZEAL Voyage Greater China UCITS D Acc EUR
Initial charge-
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.96
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNF2Y
ML ZEAL Voyage Greater China UCITS Z Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.22
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZXV
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.