Fact sheet: Manulife Asian Equity

Fund information
Fund name
Manulife Asian Equity AA
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund managers
  • Manulife Asset Management (HK) Ltd.since 10/03/1993
  • Manish Bhatiasince 01/10/2006
Fund objective
The sub-fund aims to achieve capital growth by investing in a diversified portfolio of securities of companies listed on stock markets throughout Asia, including those in Australia, Hong Kong, Indonesia, Malaysia, New Zealand, the PRC, the Philippines, Singapore, South Korea, Taiwan and Thailand, but not any of the stock exchanges in Japan. A proportion of the sub-fund may be invested in warrants and convertible bonds issued by, or in respect of, such companies.
Benchmark
  • MSCI AC FE ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
11.7%
1 Year rank in sector
132/171
Sector
FO Equity - Asia Pacific ex Japan
Yield
-
Fund size
£136m (£87m 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.
115
Top in this sector
Fund name1 Year
TT International Asia Pac Eq49.1%
Baring ASEAN Frontiers45%
Fidelity Asn Spec Sits43.3%
Veritas Asian42.6%
Matthews Asia Pacific Tiger42.3%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • China19.1%
    Taiwan17.9%
    Korea15.5%
    Hong Kong12.6%
    International10.9%
  • Information Technology25.8%
    Consumer Discretionary18%
    Industrials12.3%
    Health Care9.9%
    Financials9.7%
  • Chinese Equities19.1%
    Taiwanese Equities17.9%
    South Korean Equities15.5%
    Hong Kong Equities12.6%
    International Equities10.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%10.2%15.3%11.7%3.9%29.9%
Sector1.8%11.6%12.7%15.3%11.7%39.9%
Rank within sector56 / 179104 / 17953 / 178132 / 171114 / 15196 / 118
Quartile2nd3rd2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund9.5%-7.4%-3.1%13.6%21.1%
Sector12.7%-6.8%5.5%3.3%19.7%
Rank within sector129 / 17497 / 166147 / 15617 / 14259 / 122
Quartile3rd3rd4th1st2nd
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.
-3.12
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.
1.05
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
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%.
15.13
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.
5.63
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.
-0.54
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.
0.87
Price movement
52 week high1.02
52 week low0.79
Current bid price-
Current offer price-
Current mid price1.01
Region
1China19.13%
2Taiwan17.85%
3Korea15.45%
4Hong Kong12.61%
5International10.9%
6Indonesia6.62%
7India5.53%
8Singapore5.21%
9Thailand4.84%
Industry sector
1Information Technology25.77%
2Consumer Discretionary18%
3Industrials12.32%
4Health Care9.85%
5Financials9.67%
6Telecommunications Utilities7.69%
7Consumer Staples7.6%
8Materials4.59%
9Utilities2.65%
Asset type
1Chinese Equities19.13%
2Taiwanese Equities17.85%
3South Korean Equities15.45%
4Hong Kong Equities12.61%
5International Equities10.9%
6Indonesian Equities6.62%
7Indian Equities5.53%
8Singapore Equities5.21%
9Thai Equities4.84%
Individual holdings
1SAMSUNG ELECTRONICS CO6.7%
2TENCENT HLDGS LTD6.38%
3AIA GROUP LTD5.57%
4TAIWAN SEMICONDUCTOR MANUFACTURING4.88%
5CHINA MOBILE LTD4.35%
6AEROSPACE INDUSTRIAL DEVLPMT CORP2.97%
7AMOREPACIFIC CORP2.97%
8ADVANTECH CO2.75%
9BEIJING CAPITAL INT AIRPORT2.72%
Management
Fund manager group
Manulife Global Fund
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund objective
The sub-fund aims to achieve capital growth by investing in a diversified portfolio of securities of companies listed on stock markets throughout Asia, including those in Australia, Hong Kong, Indonesia, Malaysia, New Zealand, the PRC, the Philippines, Singapore, South Korea, Taiwan and Thailand, but not any of the stock exchanges in Japan. A proportion of the sub-fund may be invested in warrants and convertible bonds issued by, or in respect of, such companies.
Benchmark
  • MSCI AC FE ex Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Manulife Asset Management (HK) Ltd.10/03/1993
Manish Bhatia01/10/2006Manish Bhatia joined Schroder’s in 2008. His Investment career commenced in 1994. Currently a fund manager for Asia ex Japan Equity Fund Manager, based in Hong Kong. Manish joined Schroder’s from Manulife Asset Management as Head of Asia Pac (ex HK/China) and managing several Asia Pac Portfolios including funds for India and Taiwan (Mar 2006 – Aug 2008). Prior to this, Manish was a fund manager with Hamon Asset Management (affiliate of Mellon Financial) running technology sector Fund as well as regional absolute return portfolios (2001 – Mar 2006). Prior to moving to HK, Manish worked as a fund manager and research analyst for a leading fund management institution- Unit Trust of India ( 1994 -2000). Engineering Degree from Regional Engineering College, India, MBA from Indian Institute of Management.
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Luxembourg, Offshore, Singapore
Manulife Asian Equity A
Initial charge-
Annual charge1.5%
Min single investment£1,560,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3.1414
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeVH23
Manulife Asian Equity AA
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0094
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeARA8
Manulife Asian Equity ID USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.1652
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DHR
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