Baring Hong Kong & China INTERNATIONAL FUNDS ISLE OF MAN October 2014

INTERNATIONAL FUNDS ISLE OF MAN
Baring Hong Kong & China
October 2014
This factsheet is for information only and should not be considered a
financial promotion. This information should not be relied upon for buying
and selling decisions.
FUND OBJECTIVE
MIRROR FUND KEY FACTS
The objective of the Fund is to achieve long-term capital growth in
the value of assets. The policy of the Fund is to hold a portfolio of
quoted or traded equity investments in companies incorporated in
Hong Kong or China, or quoted or traded on any Hong Kong or
China stock exchange, or in companies that have a significant
proportion of their assets or other interests in Hong Kong or China.
The Managers may also invest in companies incorporated in Taiwan
or quoted on the Taiwan stock exchange. (Please refer to the
Prospectus for the full investment objective and policy.)
FP Code:
Currency:
Launch Date:
FPI Risk Rating:
Dealing:
Sector Classification:
Sharia Compliant:
Index Tracker:
Socially Responsible Investment:
SFC Authorised:
MAS Approved:
FPI MIRROR FUND RISK RATING
M55
USD
April 1984
4
Daily
Equity - Greater China
No
No
No
Yes
No
UNDERLYING FUND KEY FACTS
Sedol Code:
0082923
ISIN Code:
IE0000829238
Launch Date:
03/12/1982
Fund Management Company:
Baring Intl Fund Mgr (Ire) Ltd
Fund Manager:
Laura Luo
Manager Since:
01/09/2013
Fund Size (as at 30/09/2014):
USD 2340m
Annual Management Charge:
1.25%
Additional Expenses (as at 18/03/2014):
0.54%
Ongoing Charges Figure (as at 09/07/2014):
1.79%
Grade 4: A more focused asset exposure provides good
growth potential with the risk of short-term volatility.
The fund price may go up and down depending on investment
performance and is not guaranteed. You may get back less than
you’ve paid in.
DPPI MIRROR FUND SEARCH SCHEME
Dynamic Portfolio Planner International (DPPi) is our online, adviser only,
The Ongoing Charges Figure is a measure of the total annual charge of the
portfolio-planning tool. The Mirror Fund Search Scheme is used to filter our underlying fund and is the Annual Management Charge plus the Additional
Expenses
mirror fund range by defining broad asset classes in order to refine a search.
Sector Classification:
Equity - Greater China
Crown Rating:
This fund is classified as:
Further information on the Crown Rating can be found at
www.financialexpress.net
UNDERLYING FUND BREAKDOWN
Sector Allocation (as at 31/08/2014)
34.60%
Financials
12.60%
Information Technology
Consumer Discretionary
9.60%
Energy
9.50%
Health Care
Others
Utilities
Money Market
88.10%
Chinese Equities
Hong Kong Equities
8.60%
Industrials
Telecommunications
Utilities
Asset Allocation (as at 31/08/2014)
8.50%
Money Market
2.10%
Taiwanese Equities
0.70%
Singapore Equities
0.60%
8.00%
6.70%
4.90%
3.40%
2.10%
TOP HOLDINGS (as at 31/08/2014)
Holding
1.
2.
3.
4.
5.
TENCENT HLDGS LIMITED
CHINA CONSTRUCTION BANK
CHINA PETROLEUM & CHEMICAL CORP
CHINA MOBILE LTD
CHINA LIFE INSURANCE CO
% of Fund
6.10%
4.60%
4.50%
4.30%
4.10%
Holding
6. INDUSTRIAL & COMMERCIAL BK OF CHINA
7. CHINA UNICOM(HONG KONG)LTD
8. PING AN INSURANCE(GR)CO OF CHINA
9. AGRICULTURAL BANK OF CHINA
10. LENOVO GROUP
% of Fund
4.00%
3.70%
3.20%
3.00%
2.70%
INTERNATIONAL FUNDS ISLE OF MAN
Baring Hong Kong & China
October 2014
The information shown below refers to the past. Past performance is not a reliable guide to future performance.
Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund
and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations.
PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014)
Baring Hong Kong & China
30/09/2009 30/09/2010
30/09/2010 30/09/2011
30/09/2011 30/09/2012
30/09/2012 30/09/2013
30/09/2013 30/09/2014
11.35%
-19.96%
0.40%
12.84%
-0.66%
* This fund was not available during this time frame
Figures are for periods from Quarter 3 to Quarter 3 of each year.
RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014)
30/09/2009 30/09/2010
30/09/2010 30/09/2011
30/09/2011 30/09/2012
30/09/2012 30/09/2013
30/09/2013 30/09/2014
Quartile Rank
Q4
Q3
Q4
Q3
Q4
Absolute Rank
26/28
19/31
30/33
19/35
32/36
Figures are for periods from Quarter 3 to Quarter 3 of each year.
Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds
ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’.
Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector.
PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at
30/09/2014)
25%
CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 30/09/2014)
% growth
Since Launch
6426.88
20%
1 Year
-0.66
10%
3 Years
12.54
5%
5 Years
0.30
0%
10 Years
15%
176.15
-5%
ANNUALISED PERFORMANCE OF MIRROR FUND (as at 30/09/2014)
-10%
% growth
-15%
Since Launch
-20%
-25%
Oct 09
Oct 10
Oct 11
Oct 12
Oct 13
30/09/2009 - 30/09/2014 Powered by data from FE
Standard Deviation*
14.69
17.09%
* Standard Deviation is a measure of a fund’s risk and volatility. It gives an
indication of how much a fund’s price goes up and down in value. So the
higher the volatility measure, the greater the risk. The above figure is an
annualised figure over a three-year time period.
Source: Financial Express Ltd, on a bid to bid basis. Figures to 30/09/2014
IMPORTANT INFORMATION REGARDING MIRROR FUNDS
For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in
the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends
Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move
mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are
fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information
brochure.
Friends Provident International Limited
Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA.
Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com
Incorporated company limited by shares. Registered in the Isle of Man, number 11494.
Authorised by the Isle of Man Insurance and Pensions Authority.
Provider of life assurance and investment products.
Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong.
Registered in the United Arab Emirates as an insurance company (Registration No. 76).
Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007.
Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations.
Registered in Singapore No. F06835G.
Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore.
Friends Provident International is a registered trade mark of the Friends Life group.