Fact sheet: Martin Currie Asia Uncnstd Trt

Fund information
Fund name
Martin Currie Asia Unconstrained Trust
Fund manager company
Martin Currie Investment Manag
Fund type
Investment Trust
Fund managers
  • Andrew Grahamsince 30/06/2011
Fund objective
To achieve returns commensurate to Asia ex Japan nominal GDP growth.
Benchmark
  • Unconstrained
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.8%
1 Year rank in sector
12/15
Sector
IT Asia Pacific excluding Japan Equities
Yield
2.5%
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.
1.4%
Fund size
£114m
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.
116
Mid price
313
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
373.32
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-15.35
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Fid Asn Values PLC37%
Aberdeen Asian Income29.8%
ScrdrAsnTtlRetnInvstCo29.6%
Schroder Oriental Inc28.8%
Invesco Asia Trust plc26.2%
...more in IT Asia Pacific excluding Japan Equities

Performance snapshot

Holdings snapshot

  • Hong Kong31%
    India18.4%
    China15%
    Singapore14.3%
    Taiwan7.8%
  • No data available.
  • Hong Kong Equities31%
    Indian Equities18.4%
    Chinese Equities15%
    Singapore Equities14.3%
    Taiwanese Equities7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.8%-1.9%15.9%22.8%16.8%43.2%
Sector-3.8%-1.2%19%25.9%29.4%61.8%
Rank within sector6 / 158 / 1512 / 1512 / 1511 / 1511 / 15
Quartile2nd3rd4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund23.3%-9.7%9.4%5.2%12.6%
Sector25%-6.1%11.7%1.3%23.8%
Rank within sector7 / 1511 / 1512 / 156 / 1511 / 15
Quartile2nd3rd4th2nd3rd
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.
-2.93
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.
0.92
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.
0.09
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%.
15.6
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.
7.96
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.
-0.48
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.
0.75
Price movement
52 week high346
52 week low238
Current bid price313
Current offer price317
Current mid price313
Region
1Hong Kong31%
2India18.4%
3China15%
4Singapore14.3%
5Taiwan7.8%
6Korea7.3%
7Malaysia4.5%
8Thailand3.3%
9Money Market2.5%
Industry sector
No data available.
Asset type
1Hong Kong Equities31%
2Indian Equities18.4%
3Chinese Equities15%
4Singapore Equities14.3%
5Taiwanese Equities7.8%
6South Korean Equities7.3%
7Malaysian Equities4.5%
8Thai Equities3.3%
9Money Market2.5%
Individual holdings
1AIA GROUP LTD7.8%
2TAIWAN SEMICONDUCTOR CO7.8%
3TENCENT HLDGS LIMITED5.9%
4CHINA MOBILE LTD5.8%
5SAMSUNG ELECTRONICS CO5.8%
6TATA CONSULTANCY SERVICES5.1%
7TATA CONSULTANCY SERVICES5.1%
8HSBC HLDGS5%
9INFOSYS5%
Management
Fund manager group
Martin Currie
Fund manager company
Martin Currie Investment Manag
Fund type
Investment Trust
Fund objective
To achieve returns commensurate to Asia ex Japan nominal GDP growth.
Benchmark
  • Unconstrained
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Andrew Graham30/06/2011Andrew joined Martin Currie in 2010 and heads our Asia team. He is lead manager of the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds alongside the Martin Currie Pacific Trust. He joined us from Sofaer Global Research, bringing with him over 20 years’ experience of managing Asia-Pacific equities. At Sofaer, where he was a partner, Andrew managed the company’s Japan absolute return fund and co-managed its Pacific-region absolute return fund. Prior to this he spent five years as senior vice president at Putnam Investments, where he co-managed its International Capital Opportunities Fund, focusing particularly on the Asia-Pacific region. Earlier in his career Andrew held portfolio management roles at both Scottish Widows Investment Partnership and Kemper Investment Management.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Martin Currie Asia Unconstrained Trust
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 price372.69
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJEC
Data provided by

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