Fact sheet: Manulife Dragon Growth

Fund information
Fund name
Manulife Dragon Growth AA HKD
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund managers
  • Manulife Asset Management (HK) Ltd.since 20/12/1996
  • Pauline Dansince 20/12/1996
Fund objective
The sub-fund aims to achieve capital growth by investing in a diversified portfolio of public companies which are listed on The Stock Exchange of Hong Kong Limited and/ or the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (”GEM”) and/or, although not incorporated or listed on either stock exchange in Hong Kong, are incorporated or listed on a stock exchange in any other jurisdiction and have substantial business interests in Hong Kong and/or derive a substantial portion of their revenue from their business carried in Hong Kong. A proportion of the sub-fund may also be invested in equity warrants and convertible bonds issued by, or in respect of, such companies.
Benchmark
  • MSCI Zhong Huang
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-1.3%
1 Year rank in sector
30/33
Sector
FO Equity - Asia Pacific Single Country
Yield
-
Fund size
£208m (£139m 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.
147
Top in this sector
Fund name1 Year
Dragon Vietnam Equity UCITS23.2%
JPMorgan Thailand19.6%
Templeton Thailand19.3%
PXP Vietnam Emerging Equity18.5%
JPM Indonesia Eq15.3%
...more in FO Equity - Asia Pacific Single Country

Performance snapshot

Holdings snapshot

  • China73.7%
    Hong Kong24.1%
    Money Market2.2%
  • Information Technology25.4%
    Financials22.2%
    Consumer Discretionary12.6%
    Others8.8%
    Industrials6.3%
  • Chinese Equities73.7%
    Hong Kong Equities24.1%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-5%7.8%-1.3%0.4%37.4%
Sector-1.8%-4.8%5%7.2%3%25.6%
Rank within sector21 / 3220 / 3312 / 3330 / 3319 / 3112 / 29
Quartile3rd3rd2nd4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund1.9%-5.3%3.9%18.3%21.3%
Sector8.7%-11.1%7.7%0.8%24.7%
Rank within sector28 / 3313 / 3318 / 312 / 3019 / 29
Quartile4th2nd3rd1st3rd
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.
0.96
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.
1.29
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%.
19.85
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.
11.83
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.
0.67
Price movement
52 week high9.86
52 week low7.35
Current bid price-
Current offer price-
Current mid price9.08
Region
1China73.72%
2Hong Kong24.12%
3Money Market2.16%
Industry sector
1Information Technology25.44%
2Financials22.17%
3Consumer Discretionary12.59%
4Others8.81%
5Industrials6.33%
6Utilities6.2%
7Real Estate5.98%
8Energy5.18%
9Telecommunications Utilities5.13%
Asset type
1Chinese Equities73.72%
2Hong Kong Equities24.12%
3Money Market2.16%
Individual holdings
1TENCENT HLDGS LTD9.64%
2ALIBABA GROUP HLDG LTD7.82%
3AIA GROUP LTD5.58%
4CHINA MOBILE LTD5.13%
5CHINA CONSTRUCTION BANK4.58%
6WEIBO CORP3.39%
7CHINA RESOURCES CEMENT HLDGS3.15%
8INDUSTRIAL & COM BK CHNA3.01%
9PING AN INSURANCE(GR)CO OF CHINA2.64%
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 public companies which are listed on The Stock Exchange of Hong Kong Limited and/ or the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (”GEM”) and/or, although not incorporated or listed on either stock exchange in Hong Kong, are incorporated or listed on a stock exchange in any other jurisdiction and have substantial business interests in Hong Kong and/or derive a substantial portion of their revenue from their business carried in Hong Kong. A proportion of the sub-fund may also be invested in equity warrants and convertible bonds issued by, or in respect of, such companies.
Benchmark
  • MSCI Zhong Huang
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Manulife Asset Management (HK) Ltd.20/12/1996
Pauline Dan20/12/1996Pauline Dan is Head of Greater China team, based in Hong Kong. She joined Pictet in August 2012 from Samsung Investment Trust Management, where she was head of Greater China equities. Before that, she worked for Manulife Asset Management. Her investment experience includes time with I.G. Investment Management (Hong Kong) Limited, Carlson Investment Management Far East, and China Merchants China Investment Management. She holds a Master of Business Administration degree from California State University, Los Angeles as well as Bachelor of Arts, Economics from the University of California, Los Angeles. She also holds the Chartered Financial Analyst (CFA).
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 Dragon Growth A USD
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 price1.867
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeVH18
Manulife Dragon Growth AA HKD
Initial charge5%
Annual charge1.75%
Min single investment£20,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.0754
CurrencyHKD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeASH6
Data provided by

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