Fact sheet: OMW HSBC Chinese Equity

Fund information
Fund name
OMW HSBC Chinese Equity Pn
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund managers
  • Mandy Chansince 31/01/2011
Underlying fund
HSBC Chinese Equity
Fund objective
The OMW HSBC Chinese Equity Fund invests solely in the HSBC Chinese Equity Fund, a sub fund of the HSBC Specialist Investment Fund, a UK Authorised Open Ended Investment Company (OEIC) managed by HSBC Global Asset Management (UK) Ltd. The aim of the underlying investment is to provide long term capital growth by investing at least two thirds of its total non-cash assets in a well diversified portfolio of equities and equity related securities of companies which have their registered office in, and with an official listing on a major stock exchange or other regulated market of the People's Republic of China ("China"), including Hong Kong SAR, as well as those companies which carry out a predominant part of their business activities in China. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. The underlying fund is denominated in one currency but may hold assets which are priced in other currencies. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations. It should be noted that the performance of the OMW fund will not match that of the underlying investment due to OMW fund charges, appropriate taxation adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
43.5%
1 Year rank in sector
14/531
Sector
PN Specialist
Yield
-
Fund size
£6m (£5m 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.
146
Bid price
1379.8
Offer price
1452.4
Top in this sector
Fund name1 Year
Scot Eq Technology Pn60.1%
SIP Fidelity Gbl Technology Pn56.4%
FL AXA Framlington Gbl Tech AP54.7%
Zurich AXAFramGblTechPn53.7%
FL AXA Fram Gbl Tech EP53.1%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • China97.6%
    Money Market2.4%
  • Financials29.2%
    Technology15.1%
    Consumer Services12.4%
    Industrials8.2%
    Telecommunications7.9%
  • Chinese Equities97.6%
    Money Market2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%-0.1%10.1%43.5%60.3%72%
Sector1%1.2%5.5%14.6%25.2%48.7%
Rank within sector128 / 554441 / 55456 / 54914 / 53121 / 39587 / 333
Quartile1st4th1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund10.4%17%-1.4%12.9%1.4%
Sector3.1%11.6%2%7.2%11%
Rank within sector16 / 550167 / 514377 / 44950 / 387293 / 360
Quartile1st2nd4th1st4th
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.
-0.34
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.
2.35
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.
0.62
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%.
21.26
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.
17.96
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.
0.46
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.
0.43
Price movement
52 week high1419.6
52 week low934
Current bid price1379.8
Current offer price1452.4
Current mid price-
Region
1China97.56%
2Money Market2.44%
Industry sector
1Financials29.16%
2Technology15.12%
3Consumer Services12.41%
4Industrials8.15%
5Telecommunications7.88%
6Oil & Gas7.45%
7Consumer Goods7%
8Basic Materials6.41%
9Health Care3.58%
Asset type
1Chinese Equities97.56%
2Money Market2.44%
Individual holdings
1TENCENT HLDGS LTD9.57%
2ALIBABA GROUP HLDG LTD9.42%
3CHINA MOBILE LTD6.41%
4CHINA CONSTRUCTION BANK5.9%
5PING AN INSURANCE(GR)CO OF CHINA4.42%
6INDUSTRIAL & COM BK CHINA4.22%
7CHINA LIFE INSURANCE CO3.95%
8BANK OF CHINA LTD3.64%
9CHINA PETROLEUM & CHEMICAL CORP2.92%
Management
Fund manager group
Skandia
Fund manager company
Old Mutual Wlth Life As Co Ltd
Fund type
Pension Fund
Fund objective
The OMW HSBC Chinese Equity Fund invests solely in the HSBC Chinese Equity Fund, a sub fund of the HSBC Specialist Investment Fund, a UK Authorised Open Ended Investment Company (OEIC) managed by HSBC Global Asset Management (UK) Ltd. The aim of the underlying investment is to provide long term capital growth by investing at least two thirds of its total non-cash assets in a well diversified portfolio of equities and equity related securities of companies which have their registered office in, and with an official listing on a major stock exchange or other regulated market of the People's Republic of China ("China"), including Hong Kong SAR, as well as those companies which carry out a predominant part of their business activities in China. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. The underlying fund is denominated in one currency but may hold assets which are priced in other currencies. The performance of the fund may therefore rise and fall as a result of exchange rate fluctuations. It should be noted that the performance of the OMW fund will not match that of the underlying investment due to OMW fund charges, appropriate taxation adjustments and the OMW investment process.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Mandy Chan31/01/2011Mandy Chan is an investment director in the Chinese equity investment team. Prior to joining HSBC in 2009, Mandy worked for Fortis as CIO for Greater China equities and has been working in the industry since 1997. She holds a Bachelor of Commerce degree in Finance and is a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
OMW HSBC Chinese Equity Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.36%
Bid price1379.8
Offer price1452.4
Mid price-
CurrencyGBX
Price updated22/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZS07
OMW HSBC Chinese Equity SP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price1782
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZW99
Data provided by

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