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First State New Era PRC Fund II Acc

Ranked 24 out of 70 in - China over 12 months
All calculations are in USD unless stated

Managed by

Martin Lau

Having graduated from Cambridge University with a Bachelor of Arts degree and a Masters in Engineering, Martin Lau has progressed from a somewhat industrious education to Investment Fund Management and now has over 10 years experience in the industry. Born in Hong Kong in 1972, Lau started his investment career in 1995 at BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the greater China funds, Smaller Companies fund and regional portfolios. Lau currently manages a range of China and Asia funds for First State. He describes his investment style for many of the funds he runs as bottom up stock selection with strong macro overlay. He also focuses heavily on quality, growth and price. A keen badminton player, Lau also enjoys playing tennis, walking and going to the cinema.

Sophia Li

Sophia Li is a portfolio manager at First State Stewart Asia, part of First State Investments. Sophia joined the team in August 2009 and is responsible for providing stock ideas to portfolio managers, primarily in the Northern Asia markets. She is also lead manager of the First State Japan Equity Fund. Sophia holds a Masters degree in Statistics from Harvard University and a Bachelor of Science degree from Fudan University. She is also a CFA charterholder.

Objective

To invest fully in equity and equity related securities issued by companies, with no restriction on company size, with either assets in, or revenues derived from, the PRC that are listed, traded or dealt in on stock exchanges and markets in the PRC, Hong Kong, Taiwan, the United States or in a member state of the Organisation for Economic Co-operation and Development. The Fund may also hold cash (up to 10% of its total net asset value) for liquidity purposes.

Showing fund performance in Hong Kong View performance globally

Performance

China over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 10.5% 7.1% 9.9%
2016 -3.3% -7.3% -1.8% 11.1% -4.4%
2015 -3.6% 6.7% 5.9% -21.5% 8.6%
2014 -7.1% 4.6% -1.0%
2013 22.2% 5.3% -2.1% 8.8% 9.1%
2012 21.8% 10.8% -4.7% 7.1% 7.7%
2011 -15.0% -0.5% 1.8% -20.4% 5.4%
2010 12.9% 2.5% -4.0% 17.4% -2.3%
2009 99.5% 8.2% 38.2% 12.7% 18.4%
2008 -53.9% -21.2% -4.1% -28.5% -14.6%
2007 76.0% 8.9% 23.0% 32.6% -0.9%
2006 82.8% 32.1% -0.7% 6.9% 30.3%
2005 14.8% 6.0% 1.5% 7.7% -0.9%
2004 15.3% 8.9% -11.0% 10.1% 8.0%
2003 99.0% 11.6% 13.5% 21.1% 29.8%
2002 -10.7% -5.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Hong Kong

Fund Info

  • Launch date24/06/2002
  • Share Class size05Mn
  • Base currencyUSD
  • ISIN HK2301011188

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).