Fact sheet: Matthews Asia Asia Focus

Fund information
Fund name
Matthews Asia Asia Focus I Acc USD
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund managers
  • J Michael Ohsince 29/05/2014
  • Sharat Shroffsince 29/05/2014
  • Kenneth Lowesince 29/05/2014
Fund objective
Long-term capital appreciation.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
15.8%
1 Year rank in sector
131/176
Sector
FO Equity - Asia Pacific ex Japan
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.
1.5%
Fund size
£1m (£1m 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.
108
Top in this sector
Fund name1 Year
Templeton Asian Gth62%
Tiburon Taipan59.9%
Old Mutual AnEqIn55.6%
Old Mutual AnEqIn55.3%
Old Mutual Pac Eq54.9%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • Hong Kong & China34.6%
    Singapore11.4%
    Korea10%
    Money Market9.8%
    Taiwan7%
  • Consumer Discretionary18.7%
    Financials18.4%
    Information Technology17%
    Consumer Staples12%
    Industrials11.2%
  • Asia Pacific Equities34.6%
    Singapore Equities11.4%
    South Korean Equities10%
    Money Market9.8%
    Taiwanese Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%-4.1%-1.6%15.8%--
Sector3.1%-1.4%2.9%21.2%9.8%30.3%
Rank within sector109 / 184146 / 185149 / 185131 / 176--
Quartile3rd4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%4.1%-12.7%--
Sector3.7%6.4%-6.8%5.5%3.3%
Rank within sector117 / 183104 / 175149 / 167--
Quartile3rd3rd4th
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
52 week low7.92
Current bid price-
Current offer price-
Current mid price9.39
Region
1Hong Kong & China34.6%
2Singapore11.4%
3Korea10%
4Money Market9.8%
5Taiwan7%
6Malaysia6.5%
7USA5.1%
8Indonesia3%
9India2.9%
Industry sector
1Consumer Discretionary18.7%
2Financials18.4%
3Information Technology17%
4Consumer Staples12%
5Industrials11.2%
6Money Market9.8%
7Telecommunications Utilities8.2%
8Health Care2.7%
9Real Estate2%
Asset type
1Asia Pacific Equities34.6%
2Singapore Equities11.4%
3South Korean Equities10%
4Money Market9.8%
5Taiwanese Equities7%
6Malaysian Equities6.5%
7US Equities5.1%
8Indonesian Equities3%
9Indian Equities2.9%
Individual holdings
1AIA GROUP LTD5.6%
2TENCENT HLDGS LTD4.4%
3SINGAPORE TELECOMMUNICATIONS3.7%
4CK HUTCHISON HLDGS LTD3.4%
5SAMSUNG ELECTRONICS CO3.4%
6TECHTRONIC INDUSTRIES CO3.4%
7TAIWAN SEMICONDUCTOR MANUFACTURING3.1%
8BANK RAKYAT INDONESIA3%
9CHINA MOBILE LTD3%
Management
Fund manager group
Matthews Asia
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund objective
Long-term capital appreciation.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Concentrated,Growth
Investment method
Shares
Fund managers
NameSinceBiography
J Michael Oh29/05/2014Michael Oh is a Portfolio Manager at Matthews Asia. He manages the firm’s Asia Innovators and Korea Strategies and co-manages the Asia Focus Strategy. Michael joined Matthews Asia in 2000 as a Research Analyst and has built his investment career at the firm. Michael received a B.A. in Political Economy of Industrial Societies from the University of California, Berkeley. He is fluent in Korean.
Sharat Shroff29/05/2014Sharat Shroff is a Portfolio Manager at Matthews Asia and manages the firm’s Pacific Tiger strategy and co-manages the India, Asia Growth and Asia Focus strategies. Prior to joining Matthews Asia in 2005 as a Research Analyst, Sharat worked in the San Francisco and Hong Kong offices of Morgan Stanley as an Equity Research Associate. Sharat received a Bachelor of Technology from the Institute of Technology in Varanasi, India and an M.B.A. from the Indian Institute of Management, in Calcutta, India. He is fluent in Hindi and Bengali.
Kenneth Lowe29/05/2014Kenneth Lowe is a Portfolio Manager at Matthews Asia and manages the firm’s Asia Focus and Asian Growth and Income strategies. Prior to joining Matthews Asia in 2010, he was an Investment Manager on the Asia and Global Emerging Market Equities Team at Martin Currie Investment Management in Edinburgh, Scotland. Kenneth received an M.A. in Mathematics and Economics from the University of Glasgow. Kenneth has been a Portfolio Manager of the Matthews Asia Focus Fund since its inception in 2013 and of the Matthews Asian Growth and Income Fund since 2011.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Spain, Finland, France, United Kingdom, Hong Kong, Luxembourg, Offshore, Singapore, Sweden
Matthews Asia Asia Focus A Acc USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price9.26
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLBK
Matthews Asia Asia Focus I Acc USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price9.39
CurrencyUSD
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLBL
Data provided by

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