Fact sheet: Matthews Asia India

Fund information
Fund name
Matthews Asia India I Acc GBP
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund managers
  • Sunil Asnanisince 30/06/2011
  • Sharat Shroffsince 30/06/2011
Fund objective
Long-term capital appreciation
Benchmark
  • BSE 100
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
33.7%
1 Year rank in sector
-
Sector
FO Equity - India
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
£116m (£108m 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.
121
Top in this sector
Fund name1 Year
Kotak India Mid Cap51.9%
RAMS Equities Portfolio48.5%
Baring India45.1%
Gateway to India44.3%
UTI International India 198644.3%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India90.2%
    Israel4.7%
    USA4.6%
    Money Market0.5%
  • Financials34.9%
    Consumer Staples18%
    Health Care13.6%
    Information Technology12.8%
    Industrials9.4%
  • Indian Equities90.2%
    Israeli Equities4.7%
    US Equities4.6%
    Money Market0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.7%3.2%12.4%33.7%75.1%137.6%
Sector-2.2%6%18.3%25.5%33.1%77.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund11.8%16.5%2.3%63.9%-6.9%
Sector16.9%3.8%-1.8%34.7%-6.4%
Rank within sector-----
Quartile
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.
12.24
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.
0.91
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.
1.3
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%.
18.14
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.
10.28
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.
1
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.
0.67
Price movement
52 week high18.71
52 week low13.18
Current bid price-
Current offer price-
Current mid price17.56
Region
1India90.2%
2Israel4.7%
3USA4.6%
4Money Market0.5%
Industry sector
1Financials34.9%
2Consumer Staples18%
3Health Care13.6%
4Information Technology12.8%
5Industrials9.4%
6Consumer Discretionary6.9%
7Materials3.9%
8Money Market0.5%
Asset type
1Indian Equities90.2%
2Israeli Equities4.7%
3US Equities4.6%
4Money Market0.5%
Individual holdings
1INDUSIND BANK LIMITED5.3%
2INDUSIND BANK LIMITED5.3%
3HDFC BANK LTD4.7%
4HDFC BANK LTD4.7%
5KOTAK MAHINDRA BANK4.7%
6KOTAK MAHINDRA BANK4.7%
7TARO PHARMACEUTICAL INDUSTRIES4.7%
8COGNIZANT TECHNOLOGY SOLUTIONS CORP4.6%
9ITC4.3%
Management
Fund manager group
Matthews Asia
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund objective
Long-term capital appreciation
Benchmark
  • BSE 100
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Sunil Asnani30/06/2011Sunil Asnani is a Portfolio Manager at Matthews Asia and manages the firm’s India Strategy. Prior to joining the firm in 2008 as a Research Analyst, he was a Senior Associate in the Corporate Finance and Strategy practice for McKinsey & Company in New York. In 2006, Sunil earned his M.B.A. from the Wharton School of the University of Pennsylvania. From 1999 to 2004, he served in various capacities, including as Superintendent of Police, for the Indian Police Service in Trivandrum, India. Sunil received a Bachelor of Technology degree from the Indian Institute of Technology in Delhi, India. He is fluent in Sindhi, Hindi and Malayalam.
Sharat Shroff30/06/2011Sharat Shroff is a Portfolio Manager at Matthews Asia and manages the firm’s Pacific Tiger Strategy and co-manages the India and Asia Growth 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.
Compliance
Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Luxembourg, Offshore, Singapore, Sweden
Matthews Asia India A Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price17.04
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03XE
Matthews Asia India 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 price13.8
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03XD
Matthews Asia India 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)2%
Bid price-
Offer price-
Mid price17.56
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03XB
Matthews Asia India 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 price14.21
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03XC
Data provided by

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