Fact sheet: PineBridge Greater China Equity

Fund information
Fund name
PineBridge Greater China Equity A
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Wilfred Son Keng Posince 01/01/2016
Fund objective
To seek to provide long-term capital growth by investing in equity and equity-related securities of companies whose assets, products or operations are in the Greater China Region. Greater China is defined as the People’s Republic of China, Hong Kong and Taiwan.
Benchmark
  • MSCI Golden Dragon DTR Net
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-4.1%
1 Year rank in sector
34/39
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.
2.45%
Fund size
£68m (£67m 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.
138
Top in this sector
Fund name1 Year
Fidelity China Focus26.2%
Old Mutual China Eq24.8%
Templeton China23.9%
Pictet Greater China18.2%
GS China Opp Eq Prtflio13.3%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

  • China52.9%
    Taiwan22.4%
    Hong Kong19.6%
    Money Market5.1%
  • Information Technology32.4%
    Financials23.9%
    Industrials8%
    Real Estate7.6%
    Telecommunications Utilities6.2%
  • Chinese Equities52.9%
    Taiwanese Equities22.4%
    Hong Kong Equities19.6%
    Money Market5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-5.3%6.5%-4.1%-11.8%13%
Sector-0.9%-3%10.1%1.8%2.2%27%
Rank within sector25 / 4032 / 4035 / 4034 / 3935 / 3529 / 32
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2%-12.1%0.9%13.9%18.4%
Sector3.5%-5%4.6%10.7%16.3%
Rank within sector34 / 4035 / 3630 / 3510 / 3321 / 32
Quartile4th4th4th2nd3rd
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.
-5.05
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.
0.9
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.
-0.01
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%.
16.36
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.
3.91
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.
-1.31
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.
0.95
Price movement
52 week high34.77
52 week low27.39
Current bid price-
Current offer price-
Current mid price32.12
Region
1China52.9%
2Taiwan22.4%
3Hong Kong19.6%
4Money Market5.1%
Industry sector
1Information Technology32.4%
2Financials23.9%
3Industrials8%
4Real Estate7.6%
5Telecommunications Utilities6.2%
6Consumer Discretionary5.2%
7Money Market5.1%
8Energy3.7%
9Utilities3.5%
Asset type
1Chinese Equities52.9%
2Taiwanese Equities22.4%
3Hong Kong Equities19.6%
4Money Market5.1%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING8.4%
2TENCENT HLDGS LIMITED7.4%
3ALIBABA GROUP HLDG LTD5.7%
4AIA GROUP LTD4.8%
5CHINA CONSTRUCTION BANK4.1%
6CHINA MOBILE LTD3.8%
7INDUSTRIAL & COM BK CHNA2.8%
8CHINA PETROLEUM & CHEMICAL CORP2.5%
9PING AN INSURANCE(GR)CO OF CHINA2.4%
Management
Fund manager group
PineBridge Investments
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund objective
To seek to provide long-term capital growth by investing in equity and equity-related securities of companies whose assets, products or operations are in the Greater China Region. Greater China is defined as the People’s Republic of China, Hong Kong and Taiwan.
Benchmark
  • MSCI Golden Dragon DTR Net
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Wilfred Son Keng Po01/01/2016Mr. Wilfred Son Keng Po serves as Portfolio Manager at Pinebridge Global Funds - Pinebridge Asia ex Japan Equity Fund and PineBridge Global Funds - Pinebridge Asia Balanced Fund. Mr. Son Keng Po serves as Managing Director, Portfolio Manager of Asia ex-Japan Equities and General Manager of Pinebridge Investments Asia Limited (AIG Global Investment Corp. (Asia) Ltd)., Philippine Branch AIG Investments, Manila. Mr. Son Keng Po joined AIG Investments in 1997 and is responsible for regional portfolio management as well as institutional investment management activities in the Philippines. Prior to joining AIG Investments, Mr. Son Keng Po was the Managing Director and Head of Institutional Sales and Research for Angping & Associates Securities where he was responsible for all equity research products in the Philippines and all institutional business in the company. Previously, he was Vice President and Head of Research for Worldsec International Securities (Phil). Mr. Son Keng Po was also the Head of Investment Research and Fund Management at the Bank of the Philippine Islands Asset Management Group. He began his investment career at Equitable Banking Corporation as an Investment Analyst. Mr. Son Keng Po is a member of the Senior Advisory Board of the Fund Managers Association of the Philippines, of which he was a two-term President. He is also a member of the Financial Executives Institute of the Philippines (FINEX) as well as being a member of its Porfessional Development Committee. He served as a Board Member of The Philippine Stock Exchange, Inc. Mr. Son Keng Po received a Bachelor of Arts in Economics. He holds a Masters of Business Administration from the University of the Philippines and was the salutatorian of that class.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Offshore, Singapore, Slovakia, Sweden, Taiwan - Province Of China
PineBridge Greater China Equity A
Initial charge5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)1.97%
Bid price-
Offer price-
Mid price32.1166
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA818
PineBridge Greater China Equity Y
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price173.0408
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeQO45
Data provided by

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