Fact sheet: Macquarie China New Stars

Fund information
Fund name
Macquarie China New Stars C USD
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund manager
  • John Yesince 28/09/2014
Fund objective
Macquarie China New Stars aims to provide Shareholders of each Class of Shares with a return which captures the potential growth of securities with exposure to one or more countries in Greater China (China, Hong Kong, Taiwan).
Benchmark
  • MSCI China (NR)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-7.7%
1 Year rank in sector
38/39
Sector
FO Equity - Greater China
Yield
-
Fund size
£7m (£6m 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.
146
Top in this sector
Fund name1 Year
Old Mutual China Eq25.2%
Fidelity China Focus25.1%
Templeton China22.1%
Pictet Greater China17.9%
GS China Opp Eq Prtflio13.9%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-1.4%6.9%-7.7%--
Sector-1.3%-1.1%11.3%2%2.5%28.2%
Rank within sector6 / 4015 / 4037 / 4038 / 39--
Quartile1st2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-6.1%-0.6%---
Sector4.4%-5%4.6%10.7%16.3%
Rank within sector40 / 4010 / 36---
Quartile4th2nd
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 high10.33
52 week low8.12
Current bid price-
Current offer price-
Current mid price9.62
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Macquarie Bank
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund objective
Macquarie China New Stars aims to provide Shareholders of each Class of Shares with a return which captures the potential growth of securities with exposure to one or more countries in Greater China (China, Hong Kong, Taiwan).
Benchmark
  • MSCI China (NR)
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
John Ye28/09/2014"John Ye joined the Asian Listed Equities in 2008 as an Analyst and has covered a broad range of sectors. He now holds the title of Portfolio Manager for the Macquarie IPO China Concentrated Core Fund and the Macquarie IPO China Gateway Fund, and has been managing the China New Stars strategy since its inception in June 2014. Prior to joining the Asian Listed Equities team, John was a Junior Portfolio Manager for Macquarie Global Infrastructure Fund and Macquarie China New Stars Fund. He was responsible for qualitative and quantitative research on both funds. John started his career at AMP Capital Investors Limited where he was responsible for both qualitative and quantitative research, ex-post performance and attribution analysis. "
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Macquarie China New Stars C USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.6235
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYFP
Data provided by

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