Fact sheet: Veritas China

Fund information

Fund name
Veritas China A USD
Fund company manager
Veritas Asset Mgmt LLP
Fund type
SIB
Fund manager(s)
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

22.44 %

1 Year rank in sector

12/128

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 24.4 m

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    46.53%
  • Money Market
    31.79%
  • Hong Kong
    15.77%
  • USA
    5.91%
  • Cash & Cash Equivalents
    31.79%
  • Consumer Discretionary
    28.22%
  • Consumer Staples
    14.17%
  • Information Technology
    10.73%
  • Health Care
    7.17%
  • Chinese Equities
    46.5%
  • Hong Kong Equities
    15.8%
  • US Equities
    5.9%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-1.42 %11.48 %22.44 %11.23 %36.64 %
Sector-0.33 %2.63 %5.53 %6.05 %17.37 %
Rank within sector107 / 1389 / 14012 / 12831 / 7324 / 51
Quartile th4 th1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund27.32 %-19.56 %6.51 %-0.77 %22.03 %
Sector5.63 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector9 / 130100 / 10219 / 7444 / 5710 / 50
Quartile th1 st4 th2 nd4 th1 st

Risk statistics

Alpha-1.28
Beta2.61
Sharpe-0
Volatility14.36
Tracking error12.98
Information ratio0.09
R-Squared0.29

Price movement

52 week high153.7235
52 week low114.5957
Current bid price0
Current offer price0
Current mid price147.0975

Holdings by region

  • 46.53% China
  • 31.79% Money Market
  • 15.77% Hong Kong
  • 5.91% USA

Holdings by sector

  • 31.79% Cash & Cash Equivalents
  • 28.22% Consumer Discretionary
  • 14.17% Consumer Staples
  • 10.73% Information Technology
  • 7.17% Health Care
  • 4.93% Financials
  • 3% Real Estate

Holdings by asset type

  • 46.5% Chinese Equities
  • 15.8% Hong Kong Equities
  • 5.9% US Equities

Individual holdings

  • 8.84% KWEICHOW MOUTAI
  • 7.24% SUNNY OPTICAL TECHNOLOGY GROUP
  • 7.17% CSPC PHARMACEUTICAL GROUP LTD
  • 6.38% GEELY AUTOMOBILE HLDGS
  • 5.33% SHANGRI-LA ASIA
  • 5.21% BRILLIANCE CHINA AUTOMOTIVE
  • 3.49% NETEASE INC
  • 3.33% YUM CHINA HLDGS INC
  • 3.31% CHINA LODGING GROUP LTD
  • 3.1% AIA GROUP LTD