Funds and prices
Overview
Very actively managed equity fund based on a concentrated equity portfolio investing in selected Chinese companies
The manager is given great flexibility to take focused views on the most attractive stocks and exploit the best opportunities, unconstrained by the reference index.
Diversified across sectors offering broad coverage of the Chinese market
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Easy access to investment opportunities provided by a rapidly growing Chinese economy. Investors gain access to all classes of shares providing China equity exposure: A, B and H shares as well as Red Chips
Due to the significant deviation from the reference index, the fund offers the potential to outperform the reference index.
Investors benefit from 蜜豆视频 being one of the few asset managers with a truly global investment platform
The experienced portfolio management team can leverage local investment expertise in the Chinese market via our joint venture 蜜豆视频 SDIC in China
Risks
Features
| Product category |
蜜豆视频 Equity Funds
蜜豆视频 Opportunity Equity Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Hong Kong) Ltd., Hong Kong
|
| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
|
| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Representative for products established under foreign law |
蜜豆视频 AG, Stockholm
|
| Day of inception |
November 15, 1996
|
| Currency of account |
USD
|
| Close of financial year |
November 30
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.87% p.a.
|
| Total expense ratio (TER) |
2.40% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
MSCI China 10/40 (net div. reinv.)
|
| ISIN |
LU0067412154
|
| Bloomberg Ticker |
SBCEHKI LX
|
| Telekurs Id |
EPHK
|
Performance and Prices
Percentage growth
as of April 3, 2024| USD(%) | EUR(%) | SEK(%) | |
| YTD | |||
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | -20.43 | -19.95 | -18.38 |
| 2Y | |||
| 3Y | -52.07 | -47.92 | -41.48 |
| 5Y | -32.91 | -30.38 | -22.94 |
| ø p.a.5Y | -7.67 | -6.99 | -5.08 |
Current data
| Net asset value | 03.04.2024 | USD 997.21 |
| High - last 12 months | 18.04.2023 | USD 1,268.55 |
| Low - last 12 months | 22.01.2024 | USD 921.10 |
| Assets of the unit class in mn | 03.04.2024 | USD 1,346.68 |
| Total product assets in mn | 03.04.2024 | USD 3,116.34 |
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 34.16% | 26.22% |
| Sharpe Ratio | 29.02.2024 | -0.60 | -0.31 |
| Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)
|
|
|
| NETEASE INC | 9.75 |
| KWEICHOW MOUTAI CO LTD-A | 9.74 |
| TENCENT HOLDINGS LTD | 9.35 |
| ALIBABA GROUP HOLDING LTD | 5.42 |
| CHINA MERCHANTS BANK-H | 4.93 |
| CSPC PHARMACEUTICAL GROUP LT | 4.85 |
| AIA GROUP LTD | 4.85 |
| FAR EAST HORIZON LTD | 3.99 |
| CHINA RESOURCES LAND HKD0.10 | 3.17 |
| ANHUI GUJING DISTL 'B' CNY1 | 3.02 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Statutes / Management regulations |
|
|
| ESG Disclosure |
|
|
| SFDR Pre-Contractual Annex |
|
|
Document type
|
Document Language
|
| Annual report |
|
| SFDR Periodic Report Annex |
|
| Semi-annual report |
|
