Fact sheet: Matthews Asia As Stgc Inc

Fund information
Fund name
Matthews Asia Asia Strategic Income A Acc USD
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund managers
  • Teresa Kongsince 29/08/2014
  • Satya Patelsince 29/08/2014
Fund objective
Total return over the long term with an emphasis on income.
Benchmark
  • Markit iBoxx Asian Local Bond
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
7.7%
1 Year rank in sector
23/97
Sector
FO Mixed Asset - Cautious
Yield
-
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.
1.75%
Fund size
£11m (£10m 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.
80
Top in this sector
Fund name1 Year
Polar Capital IncmOpps21.2%
HSBC Pfl World Seltn 118%
Ashmore SICV3EmMktMltAst16.9%
SEI Core16.2%
CG Capital Value13.8%
...more in FO Mixed Asset - Cautious

Performance snapshot

Holdings snapshot

  • Hong Kong & China20.7%
    Indonesia18.2%
    India17.7%
    Sri Lanka16.5%
    Korea7.9%
  • Financials33.8%
    Government Bonds26.8%
    Consumer Discretionary14%
    Telecommunications Utilities8.2%
    Energy5.3%
  • Asia Pacific Emerging Equities20.7%
    Asia Pacific Equities20.7%
    Indonesian Equities18.2%
    Indian Equities17.7%
    South Korean Equities7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.8%-7.7%--
Sector-0.1%1.8%1.3%5.1%8.5%17%
Rank within sector9 / 10341 / 10379 / 10223 / 97--
Quartile1st2nd4th1st
Calendar performance
 YTD - 20172016201520142013
Fund1.7%8.3%-1.5%--
Sector1.6%3.6%-0.7%4.3%4.2%
Rank within sector38 / 10311 / 9458 / 81--
Quartile2nd1st3rd
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 high10.59
52 week low9.77
Current bid price-
Current offer price-
Current mid price10.54
Region
1Hong Kong & China20.7%
2Indonesia18.2%
3India17.7%
4Sri Lanka16.5%
5Korea7.9%
6USA5.7%
7Malaysia5.6%
8Vietnam4.2%
9Money Market3.5%
Industry sector
1Financials33.8%
2Government Bonds26.8%
3Consumer Discretionary14%
4Telecommunications Utilities8.2%
5Energy5.3%
6Money Market3.5%
7Materials3.3%
8Utilities2.7%
9Real Estate2.4%
Asset type
1Asia Pacific Emerging Equities20.7%
2Asia Pacific Equities20.7%
3Indonesian Equities18.2%
4Indian Equities17.7%
5South Korean Equities7.9%
6US Equities5.7%
7Malaysian Equities5.6%
8Money Market3.5%
Individual holdings
1MALAYSIA 0% BDS 15/05/18 MYR10000005.6%
2SPRINT NEXTEL CORP 6% BDS 15/11/22 USD20005.6%
3HARVEST OPERATIONS CORP 6.875% BDS 01/10/17 USD10005.3%
4INDONESIA(REPUBLIC OF) 8.375% BDS 15/03/34 IDR10004.9%
5NATIONAL SAVINGS BANK 8.875% BDS 18/09/18 USD200000 REG S4.9%
6AXIS BANK LTD 7.125% MTN 28/06/22 USD1000004.7%
7CTRIP COM INTERNATIONAL 1% BDS 01/07/20 USD10004.4%
8STANDARD CHARTERED 6.5% UNDATED BDS USD14.3%
9DEBT & ASSET TRADING CORP 1% NTS 10/10/25 USD1000 REG S4.2%
Management
Fund manager group
Matthews Asia
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund objective
Total return over the long term with an emphasis on income.
Benchmark
  • Markit iBoxx Asian Local Bond
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Teresa Kong29/08/2014Teresa Kong is a Portfolio Manager at Matthews Asia and manages the firm’s Asia Strategic Income and Asia Credit Opportunities Strategies. Prior to joining Matthews Asia in 2010, she was Head of Emerging Market Investments at Barclays Global Investors, now known as BlackRock, and responsible for managing the firm’s investment strategies in Emerging Asia, Eastern Europe, Africa and Latin America. She developed and managed strategies spanning absolute return, active long-only and exchange-traded funds. In addition to founding the Fixed Income Emerging Markets Group at BlackRock, she was also Senior Portfolio Manager and Credit Strategist on the Fixed Income credit team. Previously, Teresa was a Senior Securities Analyst in the High Yield Group with Oppenheimer Funds, and began her career with JP Morgan Securities Inc., where she worked in the Structured Products Group and Latin America Capital Markets Group. She received both a B.A. in Economics and Political Science and an M.A. in International Development Policies from Stanford University. She speaks Cantonese fluently and is conversational in Mandarin.
Satya Patel29/08/2014Satya Patel is a Portfolio Manager at Matthews Asia and manages the firm’s Asia Credit Opportunities Strategy and co-manages the Asia Strategic Income Strategy. Prior to joining the Matthews Asia in 2011, Satya was an Investment Analyst with Concerto Asset Management. He earned his M.B.A. from the University of Chicago Booth School of Business in 2010. In 2009, Satya worked as an Investment Associate in Private Placements for Metlife Investments and from 2006 to 2008, he was an Associate in Credit Hedge Fund Sales for Deutsche Bank in London. He holds a Master’s in Accounting and Finance from the London School of Economics and a B.A. in Business Administration and Public Health from the University of Georgia. Satya is proficient in Gujarati.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Spain, Finland, France, United Kingdom, Luxembourg, Offshore, Singapore, Sweden
Matthews Asia Asia Strategic Income A Acc USD
Initial charge-
Annual charge1.2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price10.54
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKVCN
Matthews Asia Asia Strategic Income A Inc USD
Initial charge-
Annual charge1.2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price9.14
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVCO
Matthews Asia Asia Strategic Income I Acc USD
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price10.68
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKVCP
Matthews Asia Asia Strategic Income I Inc USD
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£125,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price9.26
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKVCQ
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.