GaveKal Asian Opportunities UCITS B GBP (FUND:B5B5TK1) - Share price - Overview

Fund Report

GaveKal Asian Opportunities UCITS Fund B GBP

Key Stats
Morningstar® CategoryAsia Allocation
Manager Name-
Inception Date01/12/2009
NAV 16/02/2017GBP 164.38
Day Change0.15%
12 Month Yield0.00%
ISINIE00B5B5TK13
SEDOLB5B5TK1
Dividend Frequency-
Net Assets (mil) 30/06/2016361.04 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment200,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time16:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.65%
AMC1.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/12/2016

Benchmarks

Fund Benchmark

MSCI AC Asia Pacific NR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/01/2017

How has this security performed
20132014201520162017
Fund3.579.692.8315.682.40
Category1.029.580.9321.511.48
  • Fund: GaveKal Asian Opportunities UCITS Fund B GBP
  • Category: Asia Allocation
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 16/02/2017
FundCat
YTD5.383.79
3 Years Annualised13.5013.46
5 Years Annualised7.967.63
10 Years Annualised--

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of MW GaveKal Asian Opportunities UCITS Fund is capital appreciation through tactical asset allocation between the currencies, government bonds, corporate bonds, Convertible Bonds and equities of the Asia-Pacific region. The Sub-Fund's strategy for achieving its investment objective rests on a few simple beliefs. First, as long as the rate of return on risk-taking invested capital (i.e. equities) is higher than the cost of capital, equities tend to outperform bonds. Second, in a low inflationary world, and even more in a deflationary one, returns on high quality bonds and equities are negatively correlated.

Portfolio Profile30/06/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks61.060.0061.06
Bonds32.300.0032.30
Cash10.716.604.10
Other2.530.002.53
Top Stock Regions
Region%
Asia - Emerging45.50
Asia - Developed43.62
United States10.87
Japan0.00
Australasia0.00

Top Sectors

Stock Sector%
Utilities24.59
Real Estate21.77
Industrials14.49
Financial Services13.42
Consumer Defensive9.62
Fixed Income Sector%
Government63.80
Corporate Bond22.31
Cash & Equivalents12.48
Preferred1.40
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Indonesia(Rep Of) 8.375% 2024-03-15Not Classified11.51
Indonesia(Rep Of) 8.375% 2026-09-15Not Classified3.30
IncreaseKorea Electric Power Corp Utilities3.01
DecreaseGuangdong Investment Ltd Utilities3.01
DecreaseTencent Holdings Ltd Technology2.98
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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