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STERLING HENDERSON CHINA OPPORTUNITIES LF - Fund overview

No Bestinvest rating


Overview of STERLING HENDERSON CHINA OPPORTUNITIES LF

This fund invests in Chinese equities, primarily those listed in Hong Kong, and follows the Gartmore house philosophy of identifying unexpected earnings growth. The bottom up investment process blends quantitative and qualitative research. This is the largest and one of the longest running China mandates in the UK.

Standard Initial Charge

No data available.

Fund summary

Sector  –
Product type  INSURANCE BOND
Launched  April, 2005
Size  £27m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 58.40p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 5.04%
Annual management charge
Total expense ratio 0.00%
Reduction in yield (10yr) 0.52%

Bestinvest says


No information available.

Portfolio

sterling henderson china opportunities lf asset allocation illustration
Allocation Proportion
Equity 100%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash 0%
sterling henderson china opportunities lf equity geographic illustration
Allocation Proportion
UK 0%
Europe 0%
Nth America 0%
Japan 0%
Pacific 100%
Other Equity 0%
sterling henderson china opportunities lf equity capitalisation illustration
Allocation Proportion
Large Caps 76%
Mid Caps 21%
Small Caps 3%

Investment process


The fund aims to provide long-term capital growth by investing in Hong Kong and Chinese company shares. The fund may invest indirectly in Hong Kong and Chinese company shares by buying securities such as American depositary receipts (ADRs). Research is carried out by Gartmore’s Global Emerging Markets team and combines top down and bottom up analysis. The team are based in London but visit emerging countries including China regularly. The starting point for research is forecasting long term growth rates and returns in each industry. The team then assess the companies within the industry, looking at their structure, assets and management. They use this information to produce future earnings forecasts and discounted cashflow based valuations. The focus is on stocks likely to deliver unexpected positive earnings growth compared to consensus forecasts. Though the analysts’ forecasts are long term, the team also look at factors likely to affect company’s share price over the next three to six months – these are factored in when deciding the timing and size of trades.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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