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

8.44 %

1 Year rank in sector

36/127

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 21.9 m

FE Risk score

93

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    49.72%
  • Money Market
    22.1%
  • USA
    11.1%
  • Hong Kong
    9.31%
  • Taiwan
    7.77%
  • Consumer Discretionary
    29.14%
  • Cash & Cash Equivalents
    22.1%
  • Consumer Staples
    19.11%
  • Information Technology
    11.77%
  • Industrials
    5.56%
  • Chinese Equities
    49.7%
  • US Equities
    11.1%
  • Hong Kong Equities
    9.3%
  • Taiwanese Equities
    7.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund7.38 %13.84 %8.44 %6.43 %45.71 %
Sector0.66 %2.93 %4.31 %5.41 %17.93 %
Rank within sector2 / 14112 / 14036 / 12748 / 8511 / 58
Quartile th1 st1 st2 nd3 rd1 st

Calendar performance

YTD-20172016201520142013
Fund20.81 %-20.24 %8.43 %-0.64 %22.54 %
Sector3.6 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector5 / 138115 / 11621 / 9457 / 7611 / 68
Quartile th1 st4 th1 st3 rd1 st

Risk statistics

Alpha-1.98
Beta2.17
Sharpe-0
Volatility14.09
Tracking error12.9
Information ratio-0.09
R-Squared0.22

Price movement

52 week high139.0844
52 week low114.1469
Current bid price0
Current offer price0
Current mid price139.0844

Holdings by region

  • 49.72% China
  • 22.1% Money Market
  • 11.1% USA
  • 9.31% Hong Kong
  • 7.77% Taiwan

Holdings by sector

  • 29.14% Consumer Discretionary
  • 22.1% Cash & Cash Equivalents
  • 19.11% Consumer Staples
  • 11.77% Information Technology
  • 5.56% Industrials
  • 4.86% Telecommunications Utilities
  • 3.72% Energy
  • 3.41% Real Estate
  • 0.34% Financials

Holdings by asset type

  • 49.7% Chinese Equities
  • 11.1% US Equities
  • 9.3% Hong Kong Equities
  • 7.8% Taiwanese Equities

Individual holdings

  • 6.69% SAMSONITE AG
  • 6.37% KWEICHOW MOUTAI
  • 4.86% CHINA MOBILE LTD
  • 4.85% CHOW TAI FOOK JEWELLERY GROUP LTD
  • 4.79% ZHEJIANG EXPRESSWAY CO
  • 4.4% HANGZHOU ROBAM APPLIANCES CO LTD
  • 4.35% ANHUI GUJING DISTILLERY CO
  • 4.27% SHANGRI-LA ASIA
  • 4.12% PRESIDENT CHAIN STORE CORP
  • 4.11% SUNNY OPTICAL TECHNOLOGY GROUP