First State Asia Pacific Leaders A GBP Inc
This factsheet should be viewed in conjunction with the Key Investor Information
Document (KIID) as both provide important information. The KIID is accessible from
the link on the right.
Factsheets contain information about the features of the fund such as the investment
objective, fund region and past performance.
Some funds offer income units, accumulation units or both. The unit type you choose
will affect the way income generated from the fund is treated. With income units,
income is paid into your nominated account. With accumulation units income is retained
within the fund, increasing the value of your holding.
All Investments carry an element of risk. In particular, the value of Investments
and any income from them can go down as well as up and you may not get back what
you originally invested.
In addition, investing in funds is subject to specific risks. Details
of these risks are contained in the Key Investor Information Document which is
designed to provide important information about funds as well as the risks involved.
Fund Objective
The Fund aims to grow your investment. The Fund invests in shares of companies based in or having significant operations in the Asia Pacific region including Australia and New Zealand excluding Japan. The Fund invests in shares of large and mid-sized companies in the region. These companies generally have a total stock market value of at least US$1 billion. This Fund may not be appropriate for investors who plan to withdraw their money within five years.
Investment Information
Management Information
|
Manager name
|
Angus Tulloch
|
|
Manager since
|
01/12/2003
|
Angus Tulloch
Angus Tulloch is Head of Asia Pacific (ex-Japan) Equities at First State Stewart. Angus joined Stewart Ivory (subsequently bought by First State Investments) in 1988 to establish an Asia Pacific and Emerging Markets capability. Over the last 20 years, the First State Stewart Asia Pacific/Global Emerging Markets equity team has earned an international reputation for investment in these areas. Angus graduated from Cambridge University in 1970 with a BA (Honours) in Economics and History.
About the fund provider
Fund provider
First State Investments (UK) Limited, First State Investment Management (UK) Limited and First State Investments International Limited collectively referred to as ‘First State Investments’) are part of Colonial First State Global Asset Management (CFSGAM), the consolidated asset management business of the Commonwealth Bank of Australia (CBA) Group. First State Investments is 100% owned by the CBA. The Bank currently has a AA– rating from S&P, as at 31st Dec 2012, and is the largest Australian bank by market capitalisation. In Australia we operate under the name of Colonial First State Global Asset Management. Internationally, we are known as First State Investments. Their business has evolved from its early beginnings in 1871 (as the Government Savings Bank of New South Wales) to become the largest manager of Australian sourced funds, with a growing presence in international markets. Today they are a world-class asset management business with a global footprint. Their offices are located in Sydney, Melbourne, London, New York, Paris, Frankfurt, Edinburgh, Hong Kong, Singapore, Tokyo, Jakarta and Auckland; and represented in Beijing and Shenzhen through the First State Cinda joint venture.
First State Investments provides a range of specialist investment management services across equities and fixed income. In the UK their core areas of focus include Asia Pacific and global emerging market equities, global equities, property securities, infrastructure, global resources and more recently the introduction of an emerging markets debt capability. They manage investments through pooled vehicles and segregated mandates on behalf of institutional and wholesale investors globally.
Fund Codes
|
Citicode
|
HVN6
|
|
SEDOL
|
B54S372
|
At a glance
|
Fund Type
|
OEIC
|
Income Yield 
|
0.20%
|
|
Ongoing Charges (on 15/02/2013)
|
1.62%
|
Where is this fund primarily investing?
Income
|
Income Yield
|
0.20%
|
|
Income Frequency (per annum)
|
2
|
|
Income Payment Dates
|
Sep 30 2013
|
|
More dates
|
What Barclays gets paid
If you decide to invest, Barclays Investments will receive payment from the fund manager out of the annual management charge you pay. The amount we receive is based on the value of your holding but is not an additional cost to you. The information to the right shows the percentage and an example amount that Barclays would receive on an annual basis for as long as the fund is held.
|
Annual Rate
|
0.75%
|
What Barclays will receive based on
a £10,000 investment
|
£75
|
Risk and reward profile
| • The synthetic risk reward indicator (the SRRI) rating is not a measure of the risk of you losing your investment but describes how much the value of the Fund went up and down in the past. |
| • The SRRI rating is based on historical data which may not be a reliable indication of the future risks and rewards of the Fund. |
| • We cannot guarantee that the rating of the Fund will remain the same; it may change over time. |
| • Even the lowest rating 1 does not mean a risk free investment. |
| • On a scale of 1 (less risky) to 7 (more risky), this Fund has a rating of 6 due to its past performance and the nature of its investments. Shares with a rating of 6 might have higher risks, but also higher returns. |
| • Risk is taken in order to make a higher potential return; the more risk a fund takes, the higher the potential return but the greater the risk of loss. |
| • The value of the Fund and its return is not guaranteed and may fall as well as rise. You may get back less than you originally invested. |
| Material risks not adequately captured by the SRRI: |
| • Emerging market risk: emerging markets may be subject to less developed banking practices, and may not provide the same level of investor protection as a developed market. Funds investing in emerging markets may involve a higher risk than those investing in developed
markets. |
| • Currency risk: movements in currency exchange rates could negatively affect the value of your investment. |
| For further information on risks, please refer to the Risk Factors section in the Company's prospectus. |
Past performance overview - fund vs. sector
|
A -
|
|
First State Asia Pacific Leaders A GBP Inc
|
|
B -
|
|
Sector: UT Asia Pacific Excluding Japan
|
Past performance is not a guide to future performance
Cumulative Past Performance
|
|
3 mth |
6 mth |
1 yr |
3 yr |
5 yr |
|
First State Asia Pacific Leaders A GBP Inc
|
3.02% |
12.24% |
30.50% |
47.40% |
n/a |
|
UT Asia Pacific Excluding Japan
|
0.99% |
13.22% |
26.69% |
29.97% |
46.18% |
|
Relative to Sector
|
2.01% |
-0.87% |
3.00% |
13.41% |
n/a |
|
Rank within sector
|
12/64 |
42/64 |
15/64 |
8/59 |
6/55 |
Discrete Past Performance
|
|
31/03/12 –31/03/13 |
31/03/11 –31/03/12 |
31/03/10 –31/03/11 |
31/03/09 –31/03/10 |
31/03/08 –31/03/09 |
|
First State Asia Pacific Leaders A GBP Inc
|
19.01% |
2.37% |
13.22% |
n/a |
n/a |
|
UT Asia Pacific Excluding Japan
|
16.10% |
-5.62% |
10.80% |
61.92% |
-20.85% |
|
Relative to Sector
|
2.51% |
8.46% |
2.19% |
n/a |
n/a |
|
Rank within sector
|
15/64 |
8/62 |
15/59 |
15/59 |
1/54 |
Discrete Past Performance figures are calculated on a bid/mid (buying) price basis with net income (dividends) reinvested
Asset Allocation - as at April 30, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
Australian Equities |
16.40% |
| 2 |
|
Hong Kong Equities |
15.80% |
| 3 |
|
Indian Equities |
13.60% |
| 4 |
|
South Korean Equities |
12.30% |
| 5 |
|
Singapore Equities |
10.30% |
| 6 |
|
Taiwanese Equities |
9.70% |
| 7 |
|
Chinese Equities |
8.50% |
| 8 |
|
Malaysian Equities |
4.90% |
| 9 |
|
Money Market |
4.50% |
| 10 |
|
OTHERS |
4.00% |
Region Breakdown - as at April 30, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
Australia |
16.40% |
| 2 |
|
Hong Kong |
15.80% |
| 3 |
|
India |
13.60% |
| 4 |
|
South Korea |
12.30% |
| 5 |
|
Singapore |
10.30% |
| 6 |
|
Taiwan |
9.70% |
| 7 |
|
China |
8.50% |
| 8 |
|
Malaysia |
4.90% |
| 9 |
|
Money Market |
4.50% |
| 10 |
|
OTHERS |
4.00% |
Sector Breakdown - as at April 30, 2013
| Rank |
Key |
Name |
%
Weighting |
| 1 |
|
Financials |
29.10% |
| 2 |
|
Information Technology |
15.50% |
| 3 |
|
Telecom Services |
12.20% |
| 4 |
|
Consumer Staples |
8.80% |
| 5 |
|
Health Care |
8.30% |
| 6 |
|
Industrials |
7.00% |
| 7 |
|
Utilities |
6.10% |
| 8 |
|
Consumer Discretionary |
5.00% |
| 9 |
|
Money Market |
4.50% |
| 10 |
|
Materials |
3.50% |
Top Holdings - as at April 30, 2013
| Rank |
Name |
%
Weighting |
Rank |
Name |
%
Weighting |
| 1 |
QBE INSURANCE GROUP |
4.90% |
6 |
TAIWAN SEMICONDUCTOR CO |
4.40% |
| 2 |
OVERSEA-CHINESE BANKING CORP |
4.80% |
7 |
AXIATA GROUP BHD |
3.90% |
| 3 |
CHEUNG KONG(HLDGS) |
4.80% |
8 |
CSL |
3.80% |
| 4 |
DBS GROUP HLDGS LTD |
4.70% |
9 |
SAMSUNG ELECTRONICS CO |
3.70% |
| 5 |
HONG KONG & CHINA GAS CO |
4.60% |
10 |
NEWCREST MINING |
3.50% |