First State Asian Growth Fund Class II (Accumulation) USD
First State Global Umbrella Fund PLC (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

Objective: The Fund aims to grow your investment. Policy: The Fund invests at least 70% of its assets in shares of companies based in, or closely associated with, Asia (excluding Japan). The Fund may invest in any Emerging Markets in the Asia Pacific Region (excluding Japan), in companies of any size or industry. The Fund will not invest more than 50% of its assets in China A Shares. The Fund may use derivatives with the aim of risk reduction or efficient management. You can buy and sell shares in the Fund on any day on which Irish banks are open for business. As long as we receive your instruction before 10 am (Irish time), shares will be bought at that day’s price. The Fund's manager may use its discretion when deciding which investments should be held by the Fund. You will not receive any income from your investment. Any income will be rolled up into the value of shares in the Fund. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within five years.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Silver
Silver
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 25/02/2020116.05
Morningstar categoryAsia ex Japan Equity
CurrencyUSD
Distribution statusAccumulating
ISINIE0004811117
Inception Date30/06/1988
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.60% of which none is paid to MeDirect
Fund management company
AddressFirst State Investments (Hong Kong) Ltd Level 25, One Exchange Square, 8 Connaught Place Hong Kong Hong Kong
Manager NameAlistair Thompson
Manager Start Date31/01/2004
Websitehttp://www.firststateinvestments.com
Total Net Assets (mil)558.08 USD (31/01/2020)
UCITSYes
AdministratorHSBC Securities Services (Ireland) DAC

Documents

Prospectus
en 30/05/2019
Annual Report
en 31/12/2018
Semi Annual Report
en 30/06/2019
Morningstar Report
26/02/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year4.13%25/02/2020
3 years6.39%25/02/2020
5 years3.56%25/02/2020
10 years7.51%25/02/2020
Since launch8.05%25/02/2020
Cumulative performance in USD
Performance
YTD 01/01/2020-4.12%
1 month-4.44%
3 months-1.11%
6 months4.54%
Quarterly Returns
Q 1Q 2Q 3Q 4
2020----
20197.47%2.58%-2.88%7.93%
20180.00%-0.80%-0.03%-3.72%
20179.85%2.76%2.29%7.65%
20160.83%1.83%2.66%-6.38%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock96.59%0.00%96.59%
Bond0.00%0.00%0.00%
Cash3.41%0.00%3.41%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
9.8010.9711.68
Sharpe Ratio
0.540.580.29
Sortino Ratio
0.880.910.42
Positive Months8.0021.0035.00
Negative Months4.0015.0025.00
Worst Month-3.91-8.51-8.51
World Regions
Region%
Asia - Developed48.63
Asia - Emerging38.43
Japan4.22
United States3.35
Australasia1.95
Stock Sector Weighting
Sector% of Equity
Financial Services30.09
Technology25.02
Consumer Defensive20.52
Industrials8.56
Basic Materials4.42
Communication Services2.95
Utilities2.13
Consumer Cyclical1.97
Real Estate0.94
Top 10 Holdings
HoldingSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co Ltd TechnologyTaiwan5.94
Tata Consultancy Services Ltd TechnologyIndia5.25
Housing Development Finance Corp Ltd Financial ServicesIndia5.21
Oversea-Chinese Banking Corp Ltd Financial ServicesSingapore5.15
HDFC Bank Ltd Financial ServicesIndia5.05
Kotak Mahindra Bank Ltd Financial ServicesIndia4.21
Dairy Farm International Holdings Ltd Consumer DefensiveHong Kong3.70
NAVER Corp Communication ServicesSouth Korea2.95
PT Bank Central Asia Tbk Financial ServicesIndonesia2.88
Axis Bank Ltd Financial ServicesIndia2.73
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
$
116.05
Closing Price
All key information and documents must be reviewed before being able to Invest.