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
  • Joyce Lisince 28/04/2017
  • Kenneth Lowesince 30/05/2014
Fund objective
Long-term capital appreciation.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
21.2%
1 Year rank in sector
115/179
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.
104
Top in this sector
Fund name1 Year
Templeton Asian Gth58.4%
TT International Asia Pac Eq56.3%
Old Mutual AnEqIn53.1%
Old Mutual Pac Eq52.3%
Hermes AsexJap Eq50.3%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • Hong Kong & China34.1%
    Korea13.8%
    Singapore12.4%
    Taiwan8.8%
    Malaysia5.7%
  • Consumer Discretionary21.7%
    Financials21%
    Information Technology17.2%
    Industrials11.5%
    Consumer Staples11.1%
  • Asia Pacific Equities34.1%
    South Korean Equities13.8%
    Singapore Equities12.4%
    Taiwanese Equities8.8%
    Malaysian Equities5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.9%9.3%17.2%21.2%--
Sector2.2%6.2%14.3%25.3%16.1%46.6%
Rank within sector8 / 18143 / 18157 / 181115 / 179--
Quartile1st1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund18.3%4.1%-12.7%--
Sector15.5%6.4%-6.8%5.5%3.3%
Rank within sector57 / 181101 / 171146 / 163--
Quartile2nd3rd4th
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 high10.74
52 week low8.9
Current bid price-
Current offer price-
Current mid price10.74
Region
1Hong Kong & China34.1%
2Korea13.8%
3Singapore12.4%
4Taiwan8.8%
5Malaysia5.7%
6India4.9%
7Money Market3.9%
8Indonesia3.6%
9USA2.8%
Industry sector
1Consumer Discretionary21.7%
2Financials21%
3Information Technology17.2%
4Industrials11.5%
5Consumer Staples11.1%
6Telecommunications Utilities8.7%
7Money Market3.9%
8Health Care2.8%
9Real Estate2.1%
Asset type
1Asia Pacific Equities34.1%
2South Korean Equities13.8%
3Singapore Equities12.4%
4Taiwanese Equities8.8%
5Malaysian Equities5.7%
6Indian Equities4.9%
7Money Market3.9%
8Indonesian Equities3.6%
9US Equities2.8%
Individual holdings
1AIA GROUP LTD6.9%
2TENCENT HLDGS LTD5.1%
3SAMSUNG ELECTRONICS CO4%
4SINGAPORE TELECOMMUNICATIONS3.9%
5TAIWAN SEMICONDUCTOR MANUFACTURING3.7%
6BANK RAKYAT INDONESIA3.6%
7TECHTRONIC INDUSTRIES CO3.6%
8KANGWON LAND INC3.5%
9COWAY CO LTD3.2%
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
Joyce Li28/04/2017Joyce Li is a Portfolio Manager at Matthews Asia and co-manages the firm’s Asia Focus Strategy. Prior to joining the firm in 2016, she was a Portfolio Manager and Principal at Marvin & Palmer Associates, Inc. where she co-managed long-only emerging market portfolios and was responsible for investments in the Asia Pacific region. From 2006 to 2007, Joyce served as a Senior Investment Associate at Wilmington Trust Investment Management, managing multi-asset investments. From 2003 to 2006, she was an information technology manager with Affiliated Distributors. Joyce received a Bachelor of Engineering in Computer Science and Communications from Beijing University of Posts and Telecommunications. She also earned a Master of Computer Science from the University of Virginia and an Executive M.B.A. from the Wharton School of the University of Pennsylvania. She is fluent in Mandarin and Cantonese.
Kenneth Lowe30/05/2014Kenneth 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 price10.58
CurrencyUSD
Price updated24/05/2017
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)1.5%
Bid price-
Offer price-
Mid price10.74
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKLBL
Data provided by

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