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

6.18 %

1 Year rank in sector

43/125

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 23.5 m

FE Risk score

92

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    51.89%
  • Money Market
    21.7%
  • Hong Kong
    16.53%
  • USA
    6.26%
  • Taiwan
    3.61%
  • Consumer Discretionary
    34.51%
  • Cash & Cash Equivalents
    21.7%
  • Consumer Staples
    16.95%
  • Information Technology
    7.76%
  • Industrials
    6.79%
  • Chinese Equities
    51.9%
  • Hong Kong Equities
    16.5%
  • US Equities
    6.3%
  • Taiwanese Equities
    3.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.19 %10.81 %6.05 %6.01 %45.49 %
Sector0.32 %2.34 %4.08 %5.48 %16.86 %
Rank within sector36 / 13816 / 14043 / 12548 / 7812 / 54
Quartile th2 nd1 st2 nd3 rd1 st

Calendar performance

YTD-20172016201520142013
Fund20.4 %-20.24 %8.43 %-0.64 %22.54 %
Sector3.91 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector6 / 136107 / 10818 / 8553 / 6910 / 62
Quartile th1 st4 th1 st4 th1 st

Risk statistics

Alpha-0.25
Beta2.26
Sharpe-0
Volatility14.41
Tracking error13.15
Information ratio0.08
R-Squared0.24

Price movement

52 week high140.0309
52 week low114.1469
Current bid price0
Current offer price0
Current mid price138.6085

Holdings by region

  • 51.89% China
  • 21.7% Money Market
  • 16.53% Hong Kong
  • 6.26% USA
  • 3.61% Taiwan

Holdings by sector

  • 34.51% Consumer Discretionary
  • 21.7% Cash & Cash Equivalents
  • 16.95% Consumer Staples
  • 7.76% Information Technology
  • 6.79% Industrials
  • 3.99% Health Care
  • 3.7% Financials
  • 3.2% Real Estate
  • 1.4% Energy

Holdings by asset type

  • 51.9% Chinese Equities
  • 16.5% Hong Kong Equities
  • 6.3% US Equities
  • 3.6% Taiwanese Equities

Individual holdings

  • 6.26% SAMSONITE AG
  • 6.1% KWEICHOW MOUTAI
  • 5.2% SHANGRI-LA ASIA
  • 4.86% BRILLIANCE CHINA AUTOMOTIVE
  • 4.43% CHOW TAI FOOK JEWELLERY GROUP LTD
  • 3.99% CSPC PHARMACEUTICAL GROUP LTD
  • 3.95% GEELY AUTOMOBILE HLDGS
  • 3.83% HANGZHOU ROBAM APPLIANCES CO LTD
  • 3.81% SUNNY OPTICAL TECHNOLOGY GROUP
  • 3.75% SUOFEIYA HOME COLLECTION COMPANY