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

Fund Report

GaveKal Asian Opportunities UCITS Fund B GBP

Key Stats
Morningstar® CategoryAsia Allocation
Manager Name-
Inception Date01/12/2009
NAV 20/06/2018GBP 181.66
Day Change0.46%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 31/12/2017305.04 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.65%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating



Sustainability Rating as of 30/04/2018


Fund Benchmark

MSCI AC Asia Pacific NR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/05/2018

How has this security performed
  • Fund: GaveKal Asian Opportunities UCITS Fund B GBP
  • Category: Asia Allocation
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 20/06/2018
3 Years Annualised9.479.31
5 Years Annualised8.216.90
10 Years Annualised--

Morningstar SRRI

Lower Risk
Higher Risk
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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 Profile31/12/2017

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Stock Regions
Asia - Emerging48.61
Asia - Developed20.89
United States13.51

Top Sectors

Stock Sector%
Financial Services30.92
Real Estate17.19
Consumer Cyclical12.22
Basic Materials7.86
Fixed Income Sector%
Cash & Equivalents34.05
Corporate Bond13.83
Government Related0.28
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseTencent Holdings Ltd Technology6.56
DecreaseSamsung Electronics Co Ltd Technology5.19
IncreaseMitsubishi UFJ Financial Group Inc Financial Services4.40
DecreaseIndonesia(Rep Of) 8.375% 2024-03-15Not Classified3.22
IncreaseSumitomo Mitsui Financial Group Inc Financial Services3.11
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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