Fact sheet: Polar Capital Asn Opps

Fund information
Fund name
Polar Capital Asian Opportunities I GBP
Fund manager company
Polar Capital
Fund type
OEIC
Fund manager
  • John Yakassince 06/12/1996
Fund objective
The Fund aims to achieve capital appreciation and medium-term growth by investing in equities of banking, insurance and other financial services companies, including consumer finance and real estate, within Far Eastern markets outside of Japan.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Equity - Financial
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.
1.13%
Fund size
£38m (£34m last year)
Top in this sector
Fund name1 Year
Sanlam Global Financial48.6%
Polar Capital GblInsnrc33.9%
Fidelity Gbl Financl Svs31%
JGF-Jupiter Gbl Fins30.8%
Boost EURO STOXX Bks 3xLevgeDly ETP28.3%
...more in FO Equity - Financial

Performance snapshot

Holdings snapshot

  • India23.2%
    China15.3%
    Hong Kong12.5%
    Korea7.6%
    Money Market6.9%
  • Banks49.4%
    Insurance10.2%
    Money Market6.9%
    Mortgage & Secured Bonds6.1%
    Consumer Credit & Leasing5.4%
  • Indian Equities22.8%
    Chinese Equities15.1%
    Hong Kong Equities12.3%
    Money Market8.1%
    South Korean Equities7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%7%----
Sector2.2%4.4%14.9%23%30%66.4%
Rank within sector10 / 113 / 11----
Quartile4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund11.6%----
Sector7%8.6%1.7%7.6%20.3%
Rank within sector3 / 11----
Quartile2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high9.17
52 week low8.13
Current bid price-
Current offer price-
Current mid price9.07
Region
1India23.16%
2China15.31%
3Hong Kong12.46%
4Korea7.64%
5Money Market6.87%
6Taiwan6.81%
7Singapore5.49%
8Indonesia5.43%
9Thailand5.13%
Industry sector
1Banks49.43%
2Insurance10.24%
3Money Market6.87%
4Mortgage & Secured Bonds6.1%
5Consumer Credit & Leasing5.41%
6Internet4.93%
7Real Estate4.25%
8Hardware2.48%
9Financial Services2.32%
Asset type
1Indian Equities22.8%
2Chinese Equities15.1%
3Hong Kong Equities12.3%
4Money Market8.1%
5South Korean Equities7.5%
6Taiwanese Equities6.7%
7Asia Pacific Emerging Equities6.3%
8Indonesian Equities5.4%
9Singapore Equities5.4%
Individual holdings
1AIA GROUP LTD4.39%
2HDFC BANK LTD4.17%
3E SUN FINANCIAL HLDGS3.89%
4INDIABULLS HOUSING FIN LTD3.27%
5INDIABULLS HOUSING FIN LTD3.27%
6HATTON NATIONAL BANK PLC2.89%
7INDUSTRIAL & COM BK CHINA2.87%
8BOC HONG KONG(HLDGS)2.85%
9HOUSING DEVELOPMENT FINANCE CORP2.83%
Management
Fund manager group
Polar Capital
Fund manager company
Polar Capital
Fund type
OEIC
Fund objective
The Fund aims to achieve capital appreciation and medium-term growth by investing in equities of banking, insurance and other financial services companies, including consumer finance and real estate, within Far Eastern markets outside of Japan.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
John Yakas06/12/1996John Yakas joined Polar Capital in September 2010 and is the Manager of the Polar Capital Asian Financials Fund, Polar Capital Financial Opportunities Fund and Co-Manager of the Polar Capital Global Financials Trust Plc. John has 27 years’ experience in the financial services industry. Previously, he worked for HSBC as a banker based in Hong Kong and was the head of Asian research at Fox-Pitt, Kelton. In 2003 he joined Hiscox Investment Management which later became HIM Capital. John has won Lipper awards in the Equity Sector Banks and Other Financials Sector in 2010, 2011, 2012 and 2013 for the performance of the Asian Financials Fund. He has an MBA from London Business School and studied at the London School of Economics (BSc Econ).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Polar Capital Asian Opportunities A USD
Initial charge3.5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price341.55
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFD47
Polar Capital Asian Opportunities I EUR
Initial charge3.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.74
CurrencyEUR
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOX3
Polar Capital Asian Opportunities I GBP
Initial charge3.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.07
CurrencyGBP
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOX4
Polar Capital Asian Opportunities I Hedged EUR
Initial charge3.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.63
CurrencyEUR
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOX6
Polar Capital Asian Opportunities I Hedged GBP
Initial charge3.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.65
CurrencyGBP
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOX7
Polar Capital Asian Opportunities I USD
Initial charge3.5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.71
CurrencyUSD
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOX5
Data provided by

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