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 29/06/2011
  • Sharat Shroffsince 29/06/2011
Fund objective
Long-term capital appreciation
Benchmark
  • S&P BSE 100
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
16.4%
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
£86m (£81m 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.
118
Top in this sector
Fund name1 Year
Gateway to India30.3%
UTI International India 198627.1%
Kotak India Mid Cap27.1%
Baring India26.3%
Pictet Indian Equities25.9%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India91.8%
    USA4.4%
    Israel3.9%
    Money Market-0.2%
  • Financials28.8%
    Consumer Staples22.5%
    Health Care15.1%
    Information Technology14.5%
    Industrials8.3%
  • Indian Equities91.8%
    US Equities4.4%
    Israeli Equities3.9%
    Money Market-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-10.9%-4%14.1%16.4%96.8%102%
Sector-8.7%-6.7%5.1%4.8%42.9%43.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund14.9%2.3%63.9%-6.9%23.4%
Sector4.2%-1.8%34.7%-6.4%21.2%
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.
13.17
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.
0.92
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.
1.41
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%.
17.69
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.
9.93
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.
1.15
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.
0.68
Price movement
52 week high17.39
52 week low11.94
Current bid price-
Current offer price-
Current mid price15.49
Region
1India91.8%
2USA4.4%
3Israel3.9%
4Money Market-0.2%
Industry sector
1Financials28.8%
2Consumer Staples22.5%
3Health Care15.1%
4Information Technology14.5%
5Industrials8.3%
6Consumer Discretionary7.1%
7Materials3.8%
8Money Market-0.2%
Asset type
1Indian Equities91.8%
2US Equities4.4%
3Israeli Equities3.9%
4Money Market-0.2%
Individual holdings
1COGNIZANT TECHNOLOGY SOLUTIONS CORP0.05%
2HDFC BANK LTD0.05%
3HDFC BANK LTD0.05%
4INDUSIND BANK LIMITED0.05%
5INDUSIND BANK LIMITED0.05%
6ITC0.05%
7ITC0.05%
8KOTAK MAHINDRA BANK0.05%
9KOTAK MAHINDRA BANK0.05%
Management
Fund manager group
Matthews Asia
Fund manager company
Matthews Asia
Fund type
Offshore Fund
Fund objective
Long-term capital appreciation
Benchmark
  • S&P BSE 100
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Sunil Asnani29/06/2011Sunil 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 Shroff29/06/2011Sharat 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. Sharat has been a Portfolio Manager of the Matthews Pacific Tiger Fund since 2008, of the Matthews Asia Growth Fund since 2007, of the Matthews India Fund since 2006 and of the Matthews Asia Focus Fund since its inception in 2013.
Compliance
Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, 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 price15.08
CurrencyGBP
Price updated01/12/2016
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 price11.91
CurrencyUSD
Price updated01/12/2016
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 price15.49
CurrencyGBP
Price updated01/12/2016
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 price12.23
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03XC
Data provided by

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