ASI Financial Equity A

Invests in the equities of banks, insurance and property companies worldwide.

  • 3911.67p Price (Inc)
  • - Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.68% Ongoing charges
  • 0.70% Yield

Prices as at 10 December 2019

Fund summary

Sector Specialist
Structure OEIC
Launched June, 2015
Size £51m
Yield 0.70%
Charging basis
Dividends paid 28 Feb

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.68%

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Investment process

The aim of this Fund is to provide competitive long-term growth through direct and indirect investment principally in securities issued by UK and overseas financial institutions such as banking, insurance, financial services and property companies, and investment trusts.

Manager research

Average monthly relative returns

  • 14/15 -0.47%
  • 15/16 0.78%
  • 16/17 -0.63%
  • 17/18 0.04%
  • 18/19 0.64%

Bestinvest MRI

  • 3 years 0.02%
  • 5 years 0.07%
  • Career 0.03%
  • 3 years 59.50%
  • 5 years 72.90%
  • Career 69.20%

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

Aberdeen Global Equity Team

Track record

Aberdeen Global Equity Team has 5.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.03%. During the worst period of relative performance (from July 2016 - December 2016) there was a decline of 13% relative to the index. The worst absolute loss has been 16%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 69%.

Periods of worst performance

Absolute -16.00% (March 2015 - September 2015)
Relative -13.00% (July 2016 - December 2016)

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.

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Top 10 holdings

Data accurate as at 31 August 2019

7.1% Visa Inc
5.2% Intercontinental Exchange Inc
4.9% Cme Group Inc
4.4% Ayala Land Inc
4.4% Housing Development Finance Corp
4.3% Aia Group Ltd
3.6% Schwab (Charles) Corp
3.5% Experian Plc
3.5% First Republic Bank San Francisco
3.2% Hong Kong Exchanges & Clearing
Source: Trustnet

Sector breakdown

Financials 64.00%
Real Estate 19.00%
Information Technology 10.00%
Others 4.00%
Industrials 3.00%

Key Investor Information

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