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Ranking
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Sector:
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Far East-Equity-General |
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Size:
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$169 950 000 |
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Sector Rank:
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17 out of 17 |
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(lump sum over 3 years to 31 Mar 2004)
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Overall Rank:
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120 out of 243 |
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(lump sum over 3 years to 31 Mar 2004)
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| R20000 invested on 31 Mar 2001 was worth R18 287 at 31 Mar 2004 |
((2.94)% annual compound return)
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| R5000 per month since 31 Mar 2001 was worth R171 035 at 31 Mar 2004 |
((3.34)% annual return compounded monthly)
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| Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site. |
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Management
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| Philip Mok |
| Philip Mok is located in Hong Kong |
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Focus and Objective
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This is a growth-oriented fund investing in Hong Kong companies. The fund will invest predominantly in large, liquid stocks.The team uses top-down analysis from the HSBC Global Investment Strategy Group and combines this with bottom-up research by fund managers and analysts. Sector research focuses on economic fundamentals and how these affect the domestic business cycle. The team then looks at earnings growth, interest rate sensitivity, management quality and liquidity to select stocks best placed to benefit from the prevailing conditions.
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Technical overview
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| Formation Date: |
16 Jan 1987 |
| Holdings: |
50 |
| Original Price: |
1 000.00 |
| Pricing System: |
Forward |
| Base Currency: |
$ |
| Domicile: |
Luxembourg |
| Rollup Fund: |
No |
| Benchmark: |
Hong Kong Hang Seng index |
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Top holdings on 31 Mar 2004
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Share (Sector)
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Value
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% of fund
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| HSBC (Financial Services) |
$16 009 290 |
9.42% |
| CHINAMOBILE (Telecom) |
$15 278 505 |
8.99% |
| HUTCHISONWHM (Goods & Services) |
$10 655 865 |
6.27% |
| BOCHONGKONGH (Banks) |
$8 956 365 |
5.27% |
| SUNHUNGKAI (Cyclical Goods & Services) |
$6 865 980 |
4.04% |
| CHEUNGKONG (Cyclical Goods & Services) |
$5 608 350 |
3.30% |
| HANGSENGBANK (Banks) |
$5 404 410 |
3.18% |
| HK&CHINAGAS (Utility Suppliers) |
$5 370 420 |
3.16% |
| PETROCHINA (Energy) |
$4 911 555 |
2.89% |
| CHINAUNICOM (Telecom) |
$4 469 685 |
2.63% |
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TOTALS
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$83 530 425
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49.15%
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