Fact sheet: Matthews Asia AsiaexJapDiv

Fund information
Fund name
Matthews Asia Asia ex Japan Dividend A Acc USD
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund managers
  • Sherwood Zhangsince 30/11/2015
  • Robert Horrockssince 30/11/2015
  • Yu Zhangsince 30/11/2015
Fund objective
Total return through capital appreciation and current income.
Benchmark
  • MSCI AC Asia Pacific
Investment style
None
Investment method
Shares
Quick stats
1 Year return
19%
1 Year rank in sector
90/179
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.
2%
Fund size
£1m (£1m last year)
Top in this sector
Fund name1 Year
Old Mutual AnEqIn46.9%
Old Mutual AnEqIn46.6%
Old Mutual Pac Eq46.6%
TT International Asia Pac Eq44.8%
Templeton Asian Gth44%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • Hong Kong & China39.1%
    Korea15.9%
    India9.3%
    Vietnam7.1%
    Taiwan6.3%
  • Consumer Staples15.9%
    Industrials15.5%
    Financials13.8%
    Consumer Discretionary12%
    Information Technology11.6%
  • Asia Pacific Equities39.1%
    South Korean Equities15.9%
    Asia Pacific Emerging Equities11.4%
    Indian Equities9.3%
    Taiwanese Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%13.8%3.8%19%--
Sector1.8%12.5%4.6%18.6%18.6%28.3%
Rank within sector9 / 18469 / 184101 / 18490 / 179--
Quartile1st2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund11.8%6.3%---
Sector11.2%6.4%-6.8%5.5%3.3%
Rank within sector79 / 18482 / 174---
Quartile2nd2nd
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 high11.95
52 week low9.91
Current bid price-
Current offer price-
Current mid price11.9
Region
1Hong Kong & China39.1%
2Korea15.9%
3India9.3%
4Vietnam7.1%
5Taiwan6.3%
6Money Market6%
7Singapore5.6%
8Indonesia4.5%
9Sri Lanka2.3%
Industry sector
1Consumer Staples15.9%
2Industrials15.5%
3Financials13.8%
4Consumer Discretionary12%
5Information Technology11.6%
6Telecommunications Utilities10.4%
7Money Market6%
8Utilities4.8%
9Energy4.5%
Asset type
1Asia Pacific Equities39.1%
2South Korean Equities15.9%
3Asia Pacific Emerging Equities11.4%
4Indian Equities9.3%
5Taiwanese Equities6.3%
6Money Market6%
7Singapore Equities5.6%
8Indonesian Equities4.5%
9Philippine Equities1.7%
Individual holdings
1SAMSUNG ELECTRONICS CO3.9%
2LG CHEM3.3%
3UNITED OVERSEAS BANK3.3%
4ITC3.2%
5ITC3.2%
6TAIWAN SEMICONDUCTOR MANUFACTURING3.2%
7HSBC HLDGS3%
8MOBILE WORLD INVESTMENT CORP3%
9MINTH GROUP2.9%
Management
Fund manager group
Matthews Asia
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund objective
Total return through capital appreciation and current income.
Benchmark
  • MSCI AC Asia Pacific
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Sherwood Zhang30/11/2015Sherwood Zhang is a Portfolio Manager at Matthews Asia and co-manages the firm’s China Dividend and Asia ex Japan Dividend Strategies. Prior to joining Matthews Asia in 2011, Sherwood was an analyst at Passport Capital from 2007 to 2010, where he focused on such industries as property and basic materials in China as well as consumer-related sectors. Before earning his M.B.A. in 2007, Sherwood served as a Senior Treasury Officer for Hang Seng Bank in Shanghai and Hong Kong, and worked as a Foreign Exchange Trader at Shanghai Pudong Development Bank in Shanghai. He received his M.B.A. from the University of Maryland and his Bachelor of Economics in Finance from Shanghai University. Sherwood is fluent in Mandarin and speaks conversational Cantonese.
Robert Horrocks30/11/2015Robert Horrocks is Chief Investment Officer at Matthews Asia and a Portfolio Manager. He manages the firm’s Asian Growth and Income, Asia Dividend and Asia ex Japan Dividend Strategies. As Chief Investment Officer, Robert oversees the firm’s investment process and investment professionals and sets the research agenda for the investment team. Before joining Matthews Asia in 2008, Robert was Head of Research at Mirae Asset Management in Hong Kong. From 2003 to 2006, Robert served as Chief Investment Officer for Everbright Pramerica in China, establishing its quantitative investment process. He started his career as a Research Analyst with WI Carr Securities in Hong Kong before moving on to spend eight years working in several different Asian jurisdictions for Schroders, including stints as Country General Manager in Taiwan, Deputy Chief Investment Officer in Korea and Designated Chief Investment Officer in Shanghai. Robert earned his PhD in Chinese Economic History from Leeds University in the United Kingdom, and is fluent in Mandarin.
Yu Zhang30/11/2015Yu Zhang is a Portfolio Manager at Matthews Asia and manages the firm’s Asia Dividend, China Dividend and Asia ex Japan Dividend Strategies. Prior to joining Matthews Asia in 2007 as a Research Associate, Yu was an Analyst researching Japanese companies at Aperta Asset Management from 2005 to 2007. Before receiving a graduate degree in the U.S., he was an Associate in the Ningbo, China office of Mitsui & Co., a Japanese general trading firm. Yu received a B.A. in English Language from the Beijing Foreign Studies University, an M.B.A. from Suffolk University and an M.S. in Finance from Boston College. He is fluent in Mandarin. Yu has been a Portfolio Manager of the Matthews Asia Dividend Fund since 2011, of the Matthews China Dividend Fund since 2012 and the Matthews Asia ex Japan Dividend Fund since its inception in 2015.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Spain, Finland, France, United Kingdom, Luxembourg, Offshore, Singapore, Sweden
Matthews Asia Asia ex Japan Dividend A Acc USD
Initial charge-
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 price11.9
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYYC
Matthews Asia Asia ex Japan Dividend A Inc USD
Initial charge-
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 price11.47
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMYYD
Matthews Asia Asia ex Japan Dividend I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£125,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price14.39
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYYB
Matthews Asia Asia ex Japan Dividend 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 price11.99
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYXY
Matthews Asia Asia ex Japan Dividend I Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£125,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price13.86
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMYYA
Matthews Asia Asia ex Japan Dividend I Inc 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 price11.54
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMYXZ
Data provided by

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