Fact sheet: Parvest EqChina

Fund information
Fund name
Parvest Equity China Classic Cap USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Caroline Maurersince 03/07/2015
Fund objective
Increase the value of its assets over the medium term.
Benchmark
  • MSCI China 10/40 (NR)
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
12.8%
1 Year rank in sector
26/38
Sector
FO Equity - Greater China
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.
2.23%
Fund size
£219m (£218m 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.
142
Top in this sector
Fund name1 Year
Templeton China40.6%
Fidelity China Focus35.3%
Old Mutual China Eq34%
Pictet Greater China30.4%
GS China Opp Eq Prtflio30%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

  • China77.4%
    Hong Kong19.6%
    Taiwan3%
  • Financials29.7%
    Technology20.5%
    Consumer Services14.2%
    Telecommunications9.9%
    Consumer Goods9.3%
  • Chinese Equities77.4%
    Hong Kong Equities19.6%
    Taiwanese Equities3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.5%17.8%19.1%12.8%3.4%32.9%
Sector3.6%17%16%14.6%13.5%49.1%
Rank within sector19 / 4018 / 408 / 4026 / 3831 / 3430 / 32
Quartile2nd2nd1st3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund11%-12.3%0.3%3.9%23.8%
Sector8.1%-5%4.6%10.7%16.3%
Rank within sector18 / 4036 / 3631 / 3530 / 334 / 32
Quartile2nd4th4th4th1st
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.
-3.74
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.
1.05
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
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%.
19.44
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.
4.14
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.
-0.88
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.
0.96
Price movement
52 week high325.8
52 week low237
Current bid price-
Current offer price-
Current mid price321.77
Region
1China77.38%
2Hong Kong19.59%
3Taiwan3.03%
Industry sector
1Financials29.68%
2Technology20.51%
3Consumer Services14.17%
4Telecommunications9.9%
5Consumer Goods9.3%
6Industrials6.09%
7Oil & Gas4.7%
8Health Care3.13%
9Others2.52%
Asset type
1Chinese Equities77.38%
2Hong Kong Equities19.59%
3Taiwanese Equities3.03%
Individual holdings
1TENCENT HLDGS LTD9.85%
2ALIBABA GROUP HLDG LTD9.26%
3CHINA MOBILE LTD8.64%
4CHINA CONSTRUCTION BANK6.64%
5PING AN INSURANCE(GR)CO OF CHINA4.37%
6BANK OF CHINA LTD3.94%
7NETEASE INC3%
8TAIWAN SEMICONDUCTOR CO2.79%
9INDUSTRIAL & COM BK CHNA2.78%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
Increase the value of its assets over the medium term.
Benchmark
  • MSCI China 10/40 (NR)
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Caroline Maurer03/07/2015Caroline Maurer joined Henderson Global Investors in January 2007 as a Research Analyst for the Asia Pacific ex Japan Equity team before becoming co-manager of Henderson’s China fund in January 2009. Prior to joining Henderson she was a Corporate Finance Manager in a UK chemical company. She has also worked in Chinese auto manufacturing and information technology sectors for a number of years before moving to the UK. Caroline obtained a Master of Business System Analysis & Design from City University, London and a Master of Business Administration from London Business School. She is a Chartered Financial Analyst (CFA) and a member of the CFA Institute.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Hungary, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Parvest Equity China Classic Cap NOK
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price2612.27
CurrencyNOK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeETY9
Parvest Equity China Classic Cap SEK
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price2750.73
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeETZ0
Parvest Equity China Classic Cap USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.15%
Bid price-
Offer price-
Mid price321.77
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJ93
Parvest Equity China Classic Dis USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price203.77
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJ94
Parvest Equity China Classic EUR Cap EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price121.18
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL4G2
Parvest Equity China Classic EUR Cap USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.78
CurrencyUSD
Price updated30/09/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8NL
Parvest Equity China Classic EUR Dis EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price101.34
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeL4G3
Parvest Equity China Classic EUR Dis USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price103.26
CurrencyUSD
Price updated30/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMCJ8
Parvest Equity China I Cap JPY
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price35760
CurrencyJPY
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLE3
Parvest Equity China I Cap USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price354.2
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDUA3
Parvest Equity China N Cap EUR
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price266.1
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLL0
Parvest Equity China N Cap JPY
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price29543.22
CurrencyJPY
Price updated15/05/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDUA2
Parvest Equity China N Cap USD
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price298.55
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLL1
Parvest Equity China Privilege Cap EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.32
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code078M
Parvest Equity China Privilege Cap USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.58
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code078L
Parvest Equity China Privilege Dis USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.15
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFUH
Data provided by

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