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First State China Focus I Acc USD

Ranked 37 out of 37 in - China over 12 months
All calculations are in GBP unless stated

Managed by

Martin Lau

Having graduated from Cambridge University with a Bachelor of Arts degree and a Masters in Engineering, Martin Lau has progressed from a somewhat industrious education to Investment Fund Management and now has over 10 years experience in the industry. Born in Hong Kong in 1972, Lau started his investment career in 1995 at BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the greater China funds, Smaller Companies fund and regional portfolios. Lau currently manages a range of China and Asia funds for First State. He describes his investment style for many of the funds he runs as bottom up stock selection with strong macro overlay. He also focuses heavily on quality, growth and price. A keen badminton player, Lau also enjoys playing tennis, walking and going to the cinema.

Quanqiang Xian

Quanqiang Xian of First State Investments specialises in Chinese equities with a focus on large and mid-cap companies. Previously, he was an analyst with Orbis Investment Advisory in London, researching Chinese equities. A CFA charterholder, he started his career with the government of Singapore.

Objective

The Fund aims to grow your investment. The Fund mainly invests in shares of large and mid sized companies that are based in or have significant operations in mainland China. These companies generally have a total stock market value of at least US$1 billion.

Showing fund performance in United Kingdom View performance globally

Performance

China over : 31/12/2014 - 31/12/2015
  • Rank 37/37 Total Return
  • Rank 8/37 Standard Deviation
  • Rank 33/37 Max Drawdown
Fund Name Currency Return
33 SLI Glo SICAV China Equities A USD GBP

-4.4%

34 Deutsche Invest I Chinese Equities LC GBP

-4.4%

35 Robeco Chinese Equities D EUR GBP

-6.6%

36 New Capital China Equity GBP Ord Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-10.4%

37 First State China Focus I Acc USD GBP

-11.0%

Total Return

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 -11.0% 13.5% -8.4% -20.4% 7.6%
2014 1.3% -6.4% 1.5% 5.5% 1.0%
2013 15.1% 7.1% 0.1% 4.6% 2.7%
2012 16.2% 10.8% -6.2% 5.4% 6.0%
2011 -14.1% -0.3% -0.1% -15.2% 1.6%
2010 19.8% 10.1% -6.7% 10.3% 5.7%
2009 63.4% 7.4% 18.2% 12.3% 14.7%
2008 0.0% -20.0% 4.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Hong Kong
  2. Ireland
  3. Macau
  4. Taiwan
  5. United Kingdom

Fund Info

  • Launch date30/01/2008
  • Share Class size215Mn
  • Base currencyUSD
  • ISIN IE00B29SXG58

Purchase Info

  • Min. initial investment1,500
  • Min. regular additional investment0

Charges

  • Annual management1.50%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).