Fact sheet: Manulife India Equity

Fund information
Fund name
Manulife India Equity AA
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund manager
  • Manulife Asset Management (HK) Ltd.since 01/12/2006
Fund objective
The sub-fund aims to provide long term capital growth for those investors who hold a long terminvestment view and are prepared to accept significant fluctuations in the value of their investments. The sub-fund's investment portfolio will consist mainly of equity-related investments and equities of companies covering the different sectors of the Indian economy and which are listed on a stock exchange either in India or on any stock exchange. The remaining assets of the sub fund may include convertible bonds, bonds, deposits and other investments. Investments in the Indian market shall be made through a Foreign Institutional Investor (“FII”) registered with the India regulator. Such an FII can be either Manulife Global Fund or the Investment Manager.
Benchmark
  • MSCI India 10 / 40
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
7.1%
1 Year rank in sector
22/47
Sector
FO Equity - India
Yield
-
Fund size
£171m (£179m 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.
129
Top in this sector
Fund name1 Year
Kotak India Mid Cap31.9%
Baring India30.9%
Pictet Indian Equities30.9%
Gateway to India30.7%
UTI International India 198628.7%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India97.2%
    Money Market2.8%
  • Financials33.8%
    Consumer Discretionary11.3%
    Materials9.7%
    Information Technology9.2%
    Health Care9%
  • Indian Equities97.2%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.9%-10.2%-1.2%7.1%37.4%47.4%
Sector-5.9%-7.9%3.7%8.2%40.4%45.5%
Rank within sector24 / 4839 / 4937 / 4922 / 4724 / 4324 / 37
Quartile2nd4th4th2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund1.8%-1.3%35.6%-4.4%23.8%
Sector5%-1.8%34.7%-6.4%21.2%
Rank within sector30 / 4727 / 4725 / 4318 / 4222 / 37
Quartile3rd3rd3rd2nd3rd
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.
-2.27
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.
1.1
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.
0.42
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%.
18.77
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.
4.03
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.
-0.3
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.
0.96
Price movement
52 week high1.52
52 week low1.12
Current bid price-
Current offer price-
Current mid price1.36
Region
1India97.22%
2Money Market2.78%
Industry sector
1Financials33.84%
2Consumer Discretionary11.32%
3Materials9.72%
4Information Technology9.21%
5Health Care8.95%
6Consumer Staples8.36%
7Energy7.88%
8Industrials6.61%
9Money Market2.78%
Asset type
1Indian Equities97.22%
2Money Market2.78%
Individual holdings
1INFOSYS LTD5.65%
2INFOSYS LTD5.65%
3HOUSING DEVELOPMENT FINANCE CORP5.44%
4HOUSING DEVELOPMENT FINANCE CORP5.44%
5MARUTI SUZUKI INDIA LTD5.26%
6MARUTI SUZUKI INDIA LTD5.26%
7HDFC BANK4.62%
8RELIANCE INDUSTRIES4.58%
9RELIANCE INDUSTRIES4.58%
Management
Fund manager group
Manulife Global Fund
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund objective
The sub-fund aims to provide long term capital growth for those investors who hold a long terminvestment view and are prepared to accept significant fluctuations in the value of their investments. The sub-fund's investment portfolio will consist mainly of equity-related investments and equities of companies covering the different sectors of the Indian economy and which are listed on a stock exchange either in India or on any stock exchange. The remaining assets of the sub fund may include convertible bonds, bonds, deposits and other investments. Investments in the Indian market shall be made through a Foreign Institutional Investor (“FII”) registered with the India regulator. Such an FII can be either Manulife Global Fund or the Investment Manager.
Benchmark
  • MSCI India 10 / 40
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Manulife Asset Management (HK) Ltd.01/12/2006
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 India Equity AA
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 price1.358
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ720
Data provided by

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