Description: The investment objective of the Fund is to replicate the performance of the MSCI China Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and that of the Index. The Index is a market-capitalisation weighted index designed to measure the performance of the largest Chinese companies, as listed in Hong Kong. Chinese equity markets are considered to be emerging markets and, accordingly, are subject to specific risk factors. In seeking to achieve its investment objective, the Fund will invest in securities included in the Index using a strategy of Optimised Replication, where the Fund invests in a representative sample of the constituents of the Index.
Exchange: LSE
Country: UK
Currency: US Dollar ($)
Category: China Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 99.64 | 0.00 | 99.64 |
| Stock US | 0.35 | 0.00 | 0.35 |
| Cash | 9.94 | 9.93 | 0.01 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Consumer Cyclicals | 30.70 | 27.70 |
| Communication Services | 18.16 | 13.13 |
| Financial Services | 15.20 | 14.38 |
| Healthcare | 6.88 | 8.61 |
| Consumer Defensive | 6.10 | 8.66 |
| Industrials | 5.76 | 9.58 |
| Technology | 5.37 | 6.70 |
| Real Estate | 3.82 | 4.31 |
| Basic Materials | 3.16 | 3.24 |
| Energy | 2.50 | 1.83 |
| Utilities | 2.35 | 1.87 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Asia Emerging | 98.05 | 90.72 |
| Asia Developed | 1.55 | 6.76 |
| North America | 0.35 | 0.56 |
| Latin America | 0.06 | 0.33 |
| Japan | 0.00 | 0.08 |
| Australasia | 0.00 | 0.14 |
| United Kingdom | 0.00 | 0.30 |
| Europe Developed | 0.00 | 1.11 |