Fact sheet: Wells Fargo WW China Equity

Fund information
Fund name
Wells Fargo Worldwide China Equity A USD
Fund manager company
Wells Fargo
Fund type
Offshore Fund
Fund managers
  • Anthony Craggsince 30/01/2009
  • Elaine Tsesince 30/01/2009
Fund objective
The Fund seeks long-term capital appreciation.
Benchmark
  • MSCI China
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-2.6%
1 Year rank in sector
23/29
Sector
FO Equity - China
Yield
-
Fund size
£65m (£58m 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.
147
Top in this sector
Fund name1 Year
Aberdeen Gbl Chinese Equity25.4%
Allianz China Eq22.7%
Pictet China Index22.4%
Matthews Asia China19.7%
JGF-Jupiter China Select12.3%
...more in FO Equity - China

Performance snapshot

Holdings snapshot

  • Hong Kong75.9%
    China14.7%
    Money Market6.7%
    USA2.5%
    Taiwan0.1%
  • Financials21.4%
    Information Technology20.8%
    Industrials9.2%
    Others7.8%
    Telecommunications Utilities7.6%
  • Hong Kong Equities78.6%
    Chinese Equities14%
    Money Market4.3%
    US Equities2.3%
    Taiwanese Equities0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-2%8%-2.6%5.1%38.3%
Sector0.2%1.4%13.5%1.6%11.9%35.2%
Rank within sector20 / 3026 / 3025 / 3023 / 2915 / 269 / 23
Quartile3rd4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-0.5%0.2%6.6%11.1%22.2%
Sector2.8%0.9%8.4%11.5%13.5%
Rank within sector22 / 3010 / 2610 / 2611 / 262 / 23
Quartile3rd2nd2nd2nd1st
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.
-1.21
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.
0.94
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%.
19.68
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.
4.6
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.
-0.31
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 high244.37
52 week low188.06
Current bid price-
Current offer price-
Current mid price231.79
Region
1Hong Kong75.93%
2China14.74%
3Money Market6.74%
4USA2.51%
5Taiwan0.08%
Industry sector
1Financials21.38%
2Information Technology20.78%
3Industrials9.22%
4Others7.76%
5Telecommunications Utilities7.55%
6Money Market6.74%
7Consumer Discretionary6.55%
8Energy5.42%
9Utilities4.83%
Asset type
1Hong Kong Equities78.59%
2Chinese Equities14.03%
3Money Market4.29%
4US Equities2.26%
5Taiwanese Equities0.83%
Individual holdings
1TENCENT HLDGS LIMITED8.11%
2ALIBABA GROUP HLDG LTD7.75%
3CHINA MOBILE LTD4.88%
4CHINA CONSTRUCTION BANK4.8%
5INDUSTRIAL & COM BK CHNA4.71%
6BAIDU INC4.35%
7BANK OF CHINA LTD3.7%
8CHINA PETROLEUM & CHEMICAL CORP2.19%
9BEIJING ENTERPRISES WATER GROUP LTD2.06%
Management
Fund manager group
Wells Fargo
Fund manager company
Wells Fargo
Fund type
Offshore Fund
Fund objective
The Fund seeks long-term capital appreciation.
Benchmark
  • MSCI China
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Anthony Cragg30/01/2009Anthony Cragg is the lead portfolio manager of the Emerging Markets team with responsibility for all emerging markets and Asia Pacific equities at Wells Capital Management. Anthony has more than 25 years of experience in international equity investing, which includes both the developed and emerging markets. He joined Wells Capital Management in 2005 with the asset acquisition of Strong Financial. Anthony joined Strong Capital in 1993 and was instrumental in developing Strong Capital's international investment capabilities. Prior to this, he helped establish Dillon, Read International Asset Management. Anthony began his investment career in 1980 at Gartmore, Ltd., as an international investment manager, where his tenure included assignments in London, Hong Kong, and Tokyo. Anthony earned a bachelor's and master's degree in English literature from Christ Church College at Oxford University.
Elaine Tse30/01/2009Ms. Tse has over 19 years of investment experience and holds an M.B.A. from Harvard Business School.
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, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Wells Fargo Worldwide China Equity A SEK
Initial charge5%
Annual charge1.95%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price1181.73
CurrencySEK
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFB3X
Wells Fargo Worldwide China Equity A USD
Initial charge5%
Annual charge1.95%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price231.79
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeELU2
Wells Fargo Worldwide China Equity I EUR
Initial charge-
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price230.55
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeELU4
Wells Fargo Worldwide China Equity I GBP
Initial charge-
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price173.14
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1J1
Wells Fargo Worldwide China Equity I USD
Initial charge-
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price245.82
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeELU3
Wells Fargo Worldwide China Equity Z GBP
Initial charge-
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price168.05
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3BB
Wells Fargo Worldwide China Equity Z USD
Initial charge-
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price240.04
CurrencyUSD
Price updated24/08/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3BC
Data provided by

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