Fact sheet: Mirabaud Equities Asia exJapan

Fund information
Fund name
Mirabaud Equities Asia ex Japan A USD
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund managers
  • Daniel Tubbssince 02/07/2012
  • Charles Walshsince 02/07/2012
Fund objective
The objective of the Fund is to achieve capital appreciation over the long-term by investing at least two thirds of its assets in shares or other securities issued by companies that have their registered office or are carrying out the majority of their business in Asia excluding Japan. The fund invests in liquid securities of companies listed in Asia. Stock selection is approached from a bottom-up perspective. The fund is not permitted to enter into derivative transactions for speculative purposes though these may be utilised for the purposes of efficient portfolio management.
Benchmark
  • MSCI AC Asia Pacific ex Japan TR (Net)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.7%
1 Year rank in sector
96/171
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.
2.21%
Fund size
£158m (£147m 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.
124
Top in this sector
Fund name1 Year
TT International Asia Pac Eq49.1%
Baring ASEAN Frontiers45%
Fidelity Asn Spec Sits43.3%
Veritas Asian42.6%
Matthews Asia Pacific Tiger42.3%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • China33.5%
    Taiwan15.2%
    Korea13%
    Hong Kong11.6%
    India8.8%
  • Information Technology34.2%
    Financials31.1%
    Consumer Discretionary9.3%
    Real Estate6.8%
    Industrials4.4%
  • Chinese Equities33.5%
    Taiwanese Equities15.2%
    South Korean Equities13%
    Hong Kong Equities11.6%
    Indian Equities8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%11.8%10.5%14.7%9%26.6%
Sector1.8%11.6%12.7%15.3%11.7%39.9%
Rank within sector51 / 17978 / 179120 / 17896 / 17194 / 151105 / 118
Quartile2nd2nd3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund9.4%-4%1.8%4.9%14.4%
Sector12.7%-6.8%5.5%3.3%19.7%
Rank within sector132 / 17466 / 166124 / 15661 / 142111 / 122
Quartile4th2nd4th2nd4th
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.
-1.38
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.
1.17
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.
0.09
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%.
16.19
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.
4.83
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.
-0.15
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.
0.93
Price movement
52 week high190.3
52 week low149.29
Current bid price-
Current offer price-
Current mid price189.5
Region
1China33.5%
2Taiwan15.2%
3Korea13%
4Hong Kong11.6%
5India8.8%
6Indonesia5.1%
7Money Market4%
8International2.5%
9Singapore2.4%
Industry sector
1Information Technology34.2%
2Financials31.1%
3Consumer Discretionary9.3%
4Real Estate6.8%
5Industrials4.4%
6Money Market4%
7Telecommunications Utilities3.3%
8Energy3.2%
9Materials2.1%
Asset type
1Chinese Equities33.5%
2Taiwanese Equities15.2%
3South Korean Equities13%
4Hong Kong Equities11.6%
5Indian Equities8.8%
6Indonesian Equities5.1%
7Money Market4%
8International Equities2.5%
9Singapore Equities2.4%
Individual holdings
1TENCENT HLDGS LTD7.2%
2SAMSUNG ELECTRONICS CO6.2%
3TAIWAN SEMICONDUCTOR MANUFACTURING5.5%
4ALIBABA GROUP HLDG LTD4.8%
5AIA GROUP LTD4.2%
6INDUSTRIAL & COM BK CHNA4.1%
7CHINA TELECOM CORP3.3%
8PRIMAX ELECTRONICS LTD(NEW)3.1%
9CHINA OVERSEAS LAND & INVESTMNTS2.9%
Management
Fund manager group
Mirabaud
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to achieve capital appreciation over the long-term by investing at least two thirds of its assets in shares or other securities issued by companies that have their registered office or are carrying out the majority of their business in Asia excluding Japan. The fund invests in liquid securities of companies listed in Asia. Stock selection is approached from a bottom-up perspective. The fund is not permitted to enter into derivative transactions for speculative purposes though these may be utilised for the purposes of efficient portfolio management.
Benchmark
  • MSCI AC Asia Pacific ex Japan TR (Net)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Daniel Tubbs02/07/2012Daniel Tubbs is the head of the Global Emerging Markets team, made of three other Portfolio Managers/Analysts. Before joining Mirabaud, he spent four years at BlackRock as co-head of the asset management team specialising in emerging markets. As fund manager, he was responsible for two of the company's investment funds including the flagship Global Emerging Markets Fund, with assets of US$1.2 billion, equivalent to around half the assets managed by the entire team. From 2001 to 2007, Mr. Tubbs managed the Asia (ex Japan) group of funds at WestLB Asset. During his career, he also worked and qualified as a Chartered Accountant at Arthur Andersen between 1997 and 2001.Mr Tubbs earned a BA (Hons) in Accountancy with European Study from the University of Exeter and is a member of the Institute of Chartered Accountants in England and Wales and a CFA charterholder.
Charles Walsh02/07/2012
Compliance
Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Portugal
Mirabaud Equities Asia ex Japan A EUR
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.3%
Bid price-
Offer price-
Mid price168.71
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8Y7
Mirabaud Equities Asia ex Japan A USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.42%
Bid price-
Offer price-
Mid price189.5
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC3R8
Mirabaud Equities Asia ex Japan D GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price130.19
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJZR
Mirabaud Equities Asia ex Japan I USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price210.98
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3R9
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.