Melchior Asian Opportunities A Acc
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 2.15% |
| Annual saving | 0.100% ² |
| Total Expense Ratio | 2.59% |
| Launch date | 04-04-2005 |
| Launch price | £1.00 |
| Sector | Asia Pacific Ex Japan |
| Fund size | £82 million |
| Number of holdings | 35 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
It has been a difficult period for this fund over the last year. Its exposure to China and Taiwan has been the biggest detractor to performance. Henrietta Luk has increased exposure to some cash rich, high quality companies which she feels have been oversold in recent months as she expects these to rally in a recovery. The fund has around 22% in cash, which Henrietta Luk will look to invest when the outlook for markets becomes clearer.
Full research
About the Fund Manager
Henrietta Luk
Located in: Hong Kong
Henrietta Luk has more than twenty years of experience as an investment professional, having been a securities analyst for two and a half years and a fund manager for eighteen years. She spent five years at Hambro Pacific Fund Management, where she was the director heading the investment team. She won the Micropal Award for the UK Investment Trusts Far East ex Japan Sector in 1996 and in 1997, she was named Fund Manager of the Year by Investment Week.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Bi-annually |
| Type of payment | No income |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 15 May 2008 |
|---|---|
| Payment date ³ | 15 July 2008 |
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Top 10 holdings
| Sinofert Holdings | 3.19% |
|---|---|
| Link Real Estate Investment Trust | 3.03% |
| Want Want China Holdings | 3.00% |
| Jardine Matheson Holdings | 2.92% |
| China Unicom Hong Kong Ltd | 2.89% |
| Hong Kong Exchanges & Clearing | 2.79% |
| China Huiyuan Juice Group | 2.74% |
| Ishares FTSE/Xinhua A50 China Tracker | 2.65% |
| China Overseas Land & Investment | 2.65% |
| Tencent Holdings | 2.64% |
Top 10 sectors
| Cash and Equiv. | 15.38% |
|---|---|
| Real Estate Investment & Services | 7.82% |
| Nonequity Investment Instruments | 7.32% |
| Banks | 7.17% |
| Technology Hardware & Equipment | 7.15% |
| Food Producers | 5.46% |
| Travel & Leisure | 4.84% |
| Oil & Gas Producers | 4.84% |
| Chemicals | 4.81% |
| Direct Property | 3.03% |
Top 10 countries
| Hong Kong | 49.64% |
|---|---|
| Taiwan | 18.38% |
| Cash and Equiv. | 15.38% |
| China | 11.27% |
| Singapore | 2.92% |
| United Kingdom | 2.40% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 31/10/2008.
