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

30.17 %

1 Year rank in sector

9/131

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 22.6 m

FE Risk score

100

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    53.67%
  • Money Market
    30.99%
  • Hong Kong
    15.35%
  • Cash & Cash Equivalents
    30.99%
  • Consumer Discretionary
    25.21%
  • Consumer Staples
    15.6%
  • Health Care
    13.61%
  • Financials
    9.83%
  • Chinese Equities
    53.7%
  • Hong Kong Equities
    15.3%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund6.85 %15.69 %30.17 %13.53 %35.04 %
Sector1.42 %3.65 %6.48 %7.73 %17.42 %
Rank within sector4 / 1398 / 1429 / 13132 / 7421 / 49
Quartile th1 st1 st1 st2 nd2 nd

Calendar performance

YTD-20182017201620152014
Fund3.79 %31.02 %-19.56 %6.51 %-0.77 %
Sector1.01 %6.17 %-1.99 %2.66 %2.51 %
Rank within sector7 / 1319 / 13099 / 10120 / 7344 / 57
Quartile th1 st1 st4 th2 nd4 th

Risk statistics

Alpha-1.02
Beta2.62
Sharpe0.03
Volatility14.38
Tracking error13
Information ratio0.13
R-Squared0.29

Price movement

52 week high157.1135
52 week low122.4049
Current bid price0
Current offer price0
Current mid price157.1135

Holdings by region

  • 53.67% China
  • 30.99% Money Market
  • 15.35% Hong Kong

Holdings by sector

  • 30.99% Cash & Cash Equivalents
  • 25.21% Consumer Discretionary
  • 15.6% Consumer Staples
  • 13.61% Health Care
  • 9.83% Financials
  • 4.77% Information Technology

Holdings by asset type

  • 53.7% Chinese Equities
  • 15.3% Hong Kong Equities

Individual holdings

  • 8.92% CSPC PHARMACEUTICAL GROUP LTD
  • 7.91% AIA GROUP LTD
  • 6.16% KWEICHOW MOUTAI
  • 5.74% CHINA LODGING GROUP LTD
  • 5.52% SHANGRI-LA ASIA
  • 4.77% HANGZHOU HIKVISION DIGITAL TECH CO
  • 4.73% BRILLIANCE CHINA AUTOMOTIVE
  • 4.68% JIANGSU HENGRUI MEDICAL
  • 3.94% TAL EDUCATION GROUP
  • 3.92% HENGAN INTL GROUP CO LTD