Aberdeen Standard SICAV Chinese Equity R2 GBP

  • 1868.94p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.00%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.22%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.40%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 16 September 2021

The fund aims to achieve a combination of income and growth by investing mostly in shares of companies based, or carrying out much of their business, in China. The fund invests mainly in large and mid cap equities, primarily those listed in Hong Kong. Aberdeen’s Asian team bring their standard process to the fund, looking for “quality” businesses at conservative valuations and holding them for the long term.

Fund summary

Sector China/Greater China
Structure OFFSHORE FUND
Launched
Size £421m
Yield 0.40%
Charging basis
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.22%

Allocation

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Investment process

Aberdeen’s core Asia Pacific ex Japan team in Singapore have overall responsibility for the fund, supported by local research from Aberdeen’s analysts in Hong Kong. 90% of research is internal, and the team will never invest without meeting company management. The primary focus is on Hong Kong and Chinese listed equities. However, the theoretical universe also includes New York listed ADRs/GDRs, Singapore listed China stocks and Taiwan equities. The stock selection process contains two filters: Quality – the team looks for companies with straightforward businesses, recurring earnings growth, strong balance sheets that can support expansion, that are shareholder friendly.. Price - Aberdeen valuations are typically conservative, with a key discipline being to avoid overpaying. The team employ various metrics, with the most appropriate depending on the industry and the stage of the economic cycle. Stocks are sold when valuations become stretched, on changes of personnel or competition or loss of business direction.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Portfolio

Around 40 stocks.

Key Investor Information

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