Fact sheet: Witan Pacific IT PLC

Fund information
Fund name
Witan Pacific IT PLC
Fund manager company
Witan
Fund type
Investment Trust
Fund managers
  • Matthews International Capital Management, LLCsince 29/04/2012
  • MW GaveKal Asia Limitedsince 23/04/2012
  • Aberdeen Asiasince 01/03/2005
Fund objective
Capital and income growth from a diversified portfolio of investments in the Asia Pacific region designed to outperform the MSCI AC Asia Pacific Free Index (£).
Benchmark
  • MSCI AC Asia Pac Free
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
25.3%
1 Year rank in sector
1/1
Sector
IT Asia Pacific including Japan Equities
Yield
1.7%
Fund size
£181m
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.
117
Mid price
277.75
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
321.56
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-13.62
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Witan Pacific IT PLC25.3%
...more in IT Asia Pacific including Japan Equities

Performance snapshot

Holdings snapshot

  • Japan27.5%
    Hong Kong & China25.6%
    Others13.8%
    Singapore8.9%
    Korea6.9%
  • Consumer Goods23.8%
    Financials17.4%
    Mutual Funds13.9%
    Industrials13.4%
    Others9.7%
  • Japanese Equities27.5%
    Asia Pacific Equities25.6%
    International Equities13.8%
    Singapore Equities8.9%
    South Korean Equities6.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.6%2.9%20.4%25.3%30.5%66.6%
Sector-4.6%2.9%21.7%25.3%25.6%63.3%
Rank within sector1 / 11 / 11 / 11 / 11 / 11 / 1
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund23.6%0.1%6.5%9%18.8%
Sector23.6%-0.8%7.1%5.6%19.2%
Rank within sector1 / 11 / 11 / 11 / 11 / 1
Quartile
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.
0.97
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.
0.97
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.
0.42
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%.
13.54
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.
2.51
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.
0.28
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.
0.97
Price movement
52 week high297
52 week low206
Current bid price277
Current offer price278.5
Current mid price277.75
Region
1Japan27.52%
2Hong Kong & China25.56%
3Others13.76%
4Singapore8.85%
5Korea6.88%
6India4.92%
7Indonesia3.93%
8Taiwan3.93%
9Australia2.95%
Industry sector
1Consumer Goods23.8%
2Financials17.4%
3Mutual Funds13.9%
4Industrials13.4%
5Others9.7%
6Consumer Services8.2%
7Telecommunications6.5%
8Basic Materials5.4%
9Money Market1.7%
Asset type
1Japanese Equities27.52%
2Asia Pacific Equities25.56%
3International Equities13.76%
4Singapore Equities8.85%
5South Korean Equities6.88%
6Indian Equities4.92%
7Indonesian Equities3.93%
8Taiwanese Equities3.93%
9Australian Equities2.95%
Individual holdings
1SAMSUNG ELECTRONICS PREFERENCE2.9%
2AIA GROUP LTD2.5%
3TAIWAN SEMICONDUCTOR CO2.4%
4JAPAN TOBACCO INC2.3%
5SEVEN & I HOLDINGS CO LTD2.1%
6CHINA MOBILE LTD2%
7MINTH GROUP2%
8SHENZHOU INTERNATIONAL GROUP HLDGS1.7%
9UNITED OVERSEAS BANK1.6%
Management
Fund manager group
Witan
Fund manager company
Witan
Fund type
Investment Trust
Fund objective
Capital and income growth from a diversified portfolio of investments in the Asia Pacific region designed to outperform the MSCI AC Asia Pacific Free Index (£).
Benchmark
  • MSCI AC Asia Pac Free
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Matthews International Capital Management, LLC29/04/2012
MW GaveKal Asia Limited23/04/2012
Aberdeen Asia01/03/2005Aberdeen Asia is a subsidiary of Aberdeen PLC and is based in Singapore managing some £7.8 bn (as at 01/06/05) in client assets. Established in Asia in 1992, Aberdeen possess a team of some 30 fund managers who follow a fundamental investment style emphasising the identification of good quality companies on low valuations relative to growth potential. These companies are likely to deliver above average growth in earnings and dividends over the long term. Teams effectively work as one crossing over company visits under the direction of Hugh Young. Peter Hames (Investment Director) and Graeme Sinclair (Head of Japanese Equities) are involved with the day to day investment of the company's portfolio.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Witan Pacific IT PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price321.56
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJMH
Data provided by

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