C WORLDWIDE ASIA (1A) AS OF 30 SEPTEMBER 2018
NET OF FEES IN USD
STRATEGY
The investment objective of the C WorldWide Asia fund is to achieve long-term capital growth exceeding the return of the market with a moderate risk profile in line with or below the market risk. The fund’s investment philosophy is to combine long-term trends and short-term themes with thorough stock-picking in order to generate an attractive, long-term return for the patient investor. Considering Asia’s special market structure the fund will normally consist of 35–70 stocks, and will consist of a combination of large as well as medium and small-cap stocks. Our past experience has taught us the importance of having exposure to this market segment in order to capitalise on Asia’s growth case. The fund has a concentrated approach based on a narrow selection of carefully analysed investment themes. The fund invests in listed equities in Asia excluding Japan.
INVESTMENT RETURNS
|
|
Portfolio |
|
Benchmark |
TOP 10 HOLDINGS
| Share in % | |
| Samsung Electronics | 7.5 % |
| TSMC | 7.0 % |
| Tencent Holdings | 6.4 % |
| Alibaba Group | 5.3 % |
| China Overseas Land & Investment | 3.5 % |
| AIA Group | 3.4 % |
| Ping An Insurance | 2.8 % |
| DBS Group | 2.6 % |
| Sunny Optical Tech | 2.5 % |
| Sunac China Holdings | 2.2 % |
RETURN & RISK
| YTD | 1 Y | 3 Y | 5 Y | 10 Y | P.A. | |
| Portfolio (%) | -13.6 | -8.3 | 48.6 | 50.8 | - | 9.0 |
| Benchmark (%) | -6.3 | 1.5 | 45.3 | 38.1 | - | 6.9 |
| Relative performance (%) | -7.3 | -9.8 | 3.3 | 12.7 | - | 2.2 |
| 3 Y | 5 Y | 10 Y | P.A. | |||
| Std. dev. portfolio (%) | 15.8 | 15.7 | - | 15.1 | ||
| Std. dev. benchmark (%) | 13.1 | 13.5 | - | 13.1 | ||
| Beta | 1.1 | 1.1 | - | 1.1 | ||
GEOGRAPHIC DIVERSIFICATION
SECTOR EXPOSURE
FACTS
| Fund: | C WorldWide Asia 1A |
| Security identifier (ISIN): | LU0835599696 |
| Launch date: | 27 December 2000 |
| Management fee: | 1.90% per annum |
| Dealing frequency: | Daily |
| Base currency: | USD |
| Minimum investment: | USD 1,000 |
| Benchmark: | MSCI Asia ex. Japan |
| NAV as of 30 September 2018: | 166.93 |
| Fund AUM: | 716.0 million |
| Investment Manager: | C WorldWide Asset Management |
| Portfolio Managers: | Allan Christensen, Mogens Akselsen |
DISCLAIMER
The fact sheet is for information purposes only. The fact sheet does not constitute, and shall not be considered as, an offer or invitation to purchase or sell any fund. The information, calculations etc. shall not be considered investment advice or requests to engage in investment operations.
All reasonable precautions have been taken to ensure the correctness and accuracy of the fact sheet. However, the correctness and accuracy is not guaranteed and C WorldWide Asset Management Fondsmaeglerselskab A/S accepts no liability for any errors, spelling mistakes or omissions.
All figures are based on past performance. Past performance is not a reliable indicator of future performance. The currency is USD. The return may increase or decrease as a result of currency fluctuations.
The figures are net of fees. Other fees, incurred by the investor, such as custody fees and transaction costs, are not included.