Fact sheet: Veritas China

Fund information

Fund name
Veritas China B GBP
Fund company manager
Veritas Asset Mgmt LLP
Fund type
SIB
Fund manager
Ezra Sun
since 02/10/2009
Fund objective
The Fund is designed for long-term investors who wish to build capital over a number of years, regardless of market conditions, by taking long and short positions primarily in equities or equity related derivative contracts of companies located in China (People’s Republic of China and its Specials Administrative Regions, Hong Kong and Macau) or companies that are not located in China but derive a majority (over 50%) of their income from China.
Benchmark
No Specified Index
Investment style
Long/Short
Investment method
Equity

Performance snapshot

Quick stats

1 Year return

13.87 %

1 Year rank in sector

20/132

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 23.7 m

FE Risk score

92

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    39.16%
  • Money Market
    26.33%
  • Hong Kong
    25.06%
  • USA
    5.96%
  • Taiwan
    3.48%
  • Consumer Discretionary
    30.28%
  • Cash & Cash Equivalents
    26.33%
  • Information Technology
    13.3%
  • Derivatives
    6.67%
  • Health Care
    6.49%
  • Chinese Equities
    39.2%
  • Hong Kong Equities
    25.1%
  • US Equities
    6%
  • Taiwanese Equities
    3.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.3 %13.54 %13.87 %10.88 %52.04 %
Sector0.78 %3.23 %4.56 %6.06 %17.26 %
Rank within sector4 / 14012 / 14120 / 13236 / 7910 / 57
Quartile th1 st1 st1 st2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund26.28 %-20.24 %8.43 %-0.64 %22.54 %
Sector4.76 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector7 / 136107 / 10817 / 8655 / 7110 / 64
Quartile th1 st4 th1 st4 th1 st

Risk statistics

Alpha-0.46
Beta2.25
Sharpe-0
Volatility14.37
Tracking error13.13
Information ratio0.06
R-Squared0.23

Price movement

52 week high145.9687
52 week low114.1469
Current bid price0
Current offer price0
Current mid price145.381

Holdings by region

  • 39.16% China
  • 26.33% Money Market
  • 25.06% Hong Kong
  • 5.96% USA
  • 3.48% Taiwan

Holdings by sector

  • 30.28% Consumer Discretionary
  • 26.33% Cash & Cash Equivalents
  • 13.3% Information Technology
  • 6.67% Derivatives
  • 6.49% Health Care
  • 5.56% Consumer Staples
  • 5.06% Financials
  • 3.33% Industrials
  • 2.98% Real Estate

Holdings by asset type

  • 39.2% Chinese Equities
  • 25.1% Hong Kong Equities
  • 6% US Equities
  • 3.5% Taiwanese Equities

Individual holdings

  • 6.49% CSPC PHARMACEUTICAL GROUP LTD
  • 5.96% SAMSONITE AG
  • 5.37% BRILLIANCE CHINA AUTOMOTIVE
  • 5.21% SHANGRI-LA ASIA
  • 5.15% CHOW TAI FOOK JEWELLERY GROUP LTD
  • 4.64% ALIBABA GROUP HLDG LTD
  • 4.47% SUNNY OPTICAL TECHNOLOGY GROUP
  • 4.08% GEELY AUTOMOBILE HLDGS
  • 3.73% SUOFEIYA HOME COLLECTION COMPANY
  • 3.48% PRESIDENT CHAIN STORE CORP