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

15.2 %

1 Year rank in sector

21/130

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 24.5 m

FE Risk score

92

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    43.12%
  • China
    30.47%
  • Hong Kong
    20.28%
  • Taiwan
    3.48%
  • USA
    2.65%
  • Cash & Cash Equivalents
    43.12%
  • Consumer Discretionary
    21.58%
  • Consumer Staples
    11.13%
  • Information Technology
    9.5%
  • Health Care
    6.91%
  • Chinese Equities
    30.5%
  • Hong Kong Equities
    20.3%
  • Taiwanese Equities
    3.5%
  • US Equities
    2.7%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.09 %15.57 %15.2 %10.91 %46.84 %
Sector0.71 %3.73 %5.27 %8.27 %18.14 %
Rank within sector39 / 13812 / 14221 / 13035 / 7710 / 53
Quartile th2 nd1 st1 st2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund26.87 %-19.56 %6.51 %-0.77 %22.03 %
Sector5.38 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector6 / 133103 / 10524 / 8353 / 6810 / 61
Quartile th1 st4 th2 nd4 th1 st

Risk statistics

Alpha-0.63
Beta2.26
Sharpe-0
Volatility14.36
Tracking error13.1
Information ratio0.09
R-Squared0.24

Price movement

52 week high147.6047
52 week low114.5957
Current bid price0
Current offer price0
Current mid price146.5736

Holdings by region

  • 43.12% Money Market
  • 30.47% China
  • 20.28% Hong Kong
  • 3.48% Taiwan
  • 2.65% USA

Holdings by sector

  • 43.12% Cash & Cash Equivalents
  • 21.58% Consumer Discretionary
  • 11.13% Consumer Staples
  • 9.5% Information Technology
  • 6.91% Health Care
  • 4.86% Financials
  • 2.91% Real Estate

Holdings by asset type

  • 30.5% Chinese Equities
  • 20.3% Hong Kong Equities
  • 3.5% Taiwanese Equities
  • 2.7% US Equities

Individual holdings

  • 7.65% SHANGRI-LA ASIA
  • 6.91% CSPC PHARMACEUTICAL GROUP LTD
  • 6.23% SUNNY OPTICAL TECHNOLOGY GROUP
  • 5.49% BRILLIANCE CHINA AUTOMOTIVE
  • 4.87% CHOW TAI FOOK JEWELLERY GROUP LTD
  • 3.64% NEW ORIENTAL EDUCATION & TECHNOLOGY
  • 3.48% PRESIDENT CHAIN STORE CORP
  • 3.27% NETEASE INC
  • 3.04% AIA GROUP LTD
  • 2.91% FORTUNE REAL ESTATE INVESTMENT TRUST UTS