Fact sheet: First State Gtr Chn Gth

Fund information

Fund name
First State Greater China Growth IV Acc USD
Fund company manager
First State Investments (Hong
Fund type
SIB
Fund manager(s)
Xian Quanqiang
since 31/01/2015
Martin Lau
since 18/10/2002
Fund objective
The Fund aims to grow your investment. The Fund mainly invests in shares of companies which have the potential for long term growth and are based in or have significant operations in mainland China, Hong Kong and Taiwan. The Fund invests in companies that may be listed in mainland China, Hong Kong, Taiwan, the United States, Singapore, Korea or a developed market around the world. The Fund may also invest in fixed income securities (investments which provide a certain level of income or interest) issued primarily by governments and/or companies. These are rated investment grade which means that they are seen as being higher quality.
Benchmark
MSCI Golden Dragon
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

31.49 %

1 Year rank in sector

15/38

Sector

FO Equity - Greater China

Yield
-
Fund size

£ 597.9 m

FE Risk score

138

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    53.6%
  • Taiwan
    18.9%
  • Hong Kong
    18.5%
  • Singapore
    5.5%
  • USA
    2.3%
  • Information Technology
    29.7%
  • Consumer Discretionary
    18.3%
  • Financials
    12.3%
  • Consumer Staples
    10%
  • Health Care
    9.8%
  • Chinese Equities
    53.6%
  • Taiwanese Equities
    18.9%
  • Hong Kong Equities
    18.5%
  • Singapore Equities
    5.5%
  • US Equities
    2.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.14 %22.55 %31.49 %40.02 %64.76 %
Sector1.96 %24.11 %29.25 %39.15 %62.98 %
Rank within sector9 / 3825 / 3815 / 3822 / 3621 / 33
Quartile th1 st3 rd2 nd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund39.9 %1.38 %-3.66 %3.53 %11.43 %
Sector38.66 %0.69 %-4.99 %4.61 %10.66 %
Rank within sector18 / 3820 / 3818 / 3622 / 3513 / 33
Quartile th2 nd3 rd2 nd3 rd2 nd

Risk statistics

Alpha1.43
Beta0.82
Sharpe0.41
Volatility15.35
Tracking error5.24
Information ratio-0.03
R-Squared0.92

Price movement

52 week high16.52
52 week low11.5
Current bid price0
Current offer price0
Current mid price16.41

Holdings by region

  • 53.6% China
  • 18.9% Taiwan
  • 18.5% Hong Kong
  • 5.5% Singapore
  • 2.3% USA
  • 1.2% Money Market

Holdings by sector

  • 29.7% Information Technology
  • 18.3% Consumer Discretionary
  • 12.3% Financials
  • 10% Consumer Staples
  • 9.8% Health Care
  • 8.3% Industrials
  • 5.7% Real Estate
  • 3.7% Utilities
  • 1.2% Money Market
  • 1.1% Materials

Holdings by asset type

  • 53.6% Chinese Equities
  • 18.9% Taiwanese Equities
  • 18.5% Hong Kong Equities
  • 5.5% Singapore Equities
  • 2.3% US Equities
  • 1.2% Money Market

Individual holdings

  • 7.4% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 6.7% TENCENT HLDGS LIMITED
  • 4.4% AAC TECHNOLOGIES HLDGS INC
  • 3.9% AIA GROUP LTD
  • 3.9% CHINA MERCHANTS BANK CO LTD
  • 3.8% CK HUTCHISON HLDGS LTD
  • 3.8% CSPC PHARMACEUTICAL GROUP LTD
  • 3.7% ENN ENERGY HLDGS LTD
  • 3.4% MINTH GROUP
  • 3.3% CHINA TAIPING INSURANCE HLDGS CO