Melchior Asian Opportunities A Acc
Overview
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 2.15% |
| Annual saving | 0.100% ² |
| Performance charges | No |
| Total Expense Ratio | 2.46% |
| Launch date | 04-04-2005 |
| Launch price | £1.00 |
| Sector | Asia Pacific Ex Japan |
| Fund size | £180 million |
| Number of holdings | 40 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the simplified prospectus in addition to the information above.
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
After a difficult 2008, this fund is back on form, delivering exceptional returns this year. Over 80% of the fund is invested in the Greater China region, about which Henrietta Luk is the most bullish, especially Taiwan. A large weighting in the technology sector has also been a big driver of returns, as has the exposure to car manufacturers. She has also increased the fund's holdings in South Korea, where she believes prospects are bright in the long-term.
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 | 31 May 2010 |
|---|---|
| Payment date ³ | 30 July 2010 |
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Top 10 holdings
| Lite-On Technology Corp. | 2.69% |
|---|---|
| Dongfeng Motor Group (H) | 2.64% |
| iShares FTSE/Xinhua A50 China Index ETF | 2.62% |
| Altek Corp. | 2.60% |
| Hong Kong Exchanges & Clearing | 2.59% |
| Sa Sa International Holdings | 2.57% |
| KGI Securities Co. | 2.56% |
| Hon Hai Precision Industry | 2.55% |
| Air China | 2.55% |
| MediaTek | 2.54% |
Top 10 sectors
| Technology Hardware & Equipment | 19.54% |
|---|---|
| Automobiles & Parts | 12.51% |
| Electronic & Electrical Equipment | 12.11% |
| Financial Services | 9.99% |
| Banks | 9.40% |
| Travel & Leisure | 4.90% |
| Real Estate Investment & Services | 4.51% |
| Non-Classified | 2.62% |
| Leisure Goods | 2.60% |
| General Retailers | 2.57% |
Top 10 countries
| Taiwan | 41.33% |
|---|---|
| Hong Kong | 26.50% |
| China | 14.52% |
| South Korea | 7.55% |
| Non-Classified | 2.62% |
| Cash and Equiv. | 2.56% |
| Singapore | 2.47% |
| United Kingdom | 2.45% |
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 08-02-2010. Data accurate as at 31/12/2009.
