Sustainable Equities Boutique Asia Pacific Equities

Vontobel Fund - mtx China Leaders

ISIN
LU0278092514
Valor
2870581

Fund strategy

Investment objective

This equity fund aims to generate long-term capital growth while respecting risk diversification.


Key features

The fund invests across China in a concentrated portfolio mainly including stocks of companies which are among the leaders in their industry, offer high and sustainable profitability potential, and whose stock prices have attractive upside potential versus the estimated enterprise values at the time of the investment.


Approach

The specialized and seasoned investment team takes long-term high-conviction investment decisions based on in-depth research combined with systematic screening. The team actively adapts portfolio positions to seize attractive new opportunities and control risks always in line with their latest assessment of investment conditions. They may use derivative financial instruments as well.


246.83
NAV
0.01%
Performance YTD
3 stars
As at Sep 30 2020 As of Aug 31 2020

All data is as at Aug 31 2020 unless otherwise indicated.

Daily Performance

Periodic Performance

1M YTD 3Y 5Y SI
I USD 2.7% 3.9% 3.8% 13.5% 156.5%
Index 5.2% 16.3% 8.1% 13.0% 107.0%

Rolling Performance

Sep 01 2015 - Aug 31 2016 Sep 01 2016 - Aug 31 2017 Sep 01 2017 - Aug 31 2018 Sep 01 2018 - Aug 31 2019 Sep 01 2019 - Aug 31 2020
I USD 20.3% 39.9% 0.7% -6.8% 19.0%
Index 8.0% 35.0% 0.6% -5.5% 32.8%

Annual Performance

Risk Data

Portfolio
Volatility 19.7%
Sharpe ratio 0.1
Information ratio negative
Tracking error 3.4%
Jensens alpha -4.1%
Beta 0.9
[3 years annualized]
Past performance is not a reliable indicator of current or future performance. The return may go down as well as up, e.g. due to changes in rates of exchange between currencies. The value of invested monies can increase or decrease and there is no guarantee that all or part of your invested capital can be redeemed.

All data is as at Sep 30 2020 unless otherwise indicated.

Fund data
Portfolio Manager Thomas Schaffner
Fund Domicile Luxembourg
Fund Currency USD
Share Class Currency USD
End of fiscal year 31 August
Index MSCI China Index 10/40 TRN in USD
Share Class Launch date Jun 25 2008
Distribution type Accum
Swinging single pricing Yes
Fund Registrations AT, CH, DE, ES, FI, FR, GB, IT, LI, LU, NO, PT, SE, SG
Share Class Registrations AT, CH, DE, FI, FR, GB, IT, LI, LU, NO, SE, SG
Nav Information
Highest since launch 284.95
Lowest since launch 48.21
Fund volume in mln. USD 188.60
Share class volume in mln. USD 64.34
Fees And Expenses
Management fee 0.88%
TER 1.25% (Feb 28 2020)
Identifiers
ISIN LU0278092514
Valor 2870581
Bloomberg VONCSJA LX
WKN A0MKVN
Parties
Depository RBC Investor Services Bank S.A.
Management Company Vontobel Asset Management S.A.
Swiss Paying Agent Bank Vontobel AG
Swiss Representative Vontobel Fonds Services AG

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee TER TER Date
A USD LU0278091896 Dist Retail Feb 05 2007 1.75% 2.16% Feb 28 2020
AN USD LU1683484015 Dist Retail Oct 09 2017 0.88% 1.29% Feb 28 2020
B USD LU0278091979 Accum Retail Feb 05 2007 1.75% 2.16% Feb 28 2020
C USD LU0278092191 Accum Retail Jul 16 2007 2.35% 2.76% Feb 28 2020
I USD LU0278092514 Accum Institutional Jun 25 2008 0.88% 1.25% Feb 28 2020
N USD LU1683483983 Accum Retail Oct 09 2017 0.88% 1.29% Feb 28 2020
Click here to see an overview of our shareclass naming convention.

* TER includes performance fee where applicable

All data is as at Aug 31 2020 unless otherwise indicated.

Major equity classes

Major Sectors

Major equity positions

Stock Allocation
Alibaba Group Holding Ltd ADR 9.8%
Tencent Holdings Ltd 9.6%
Netease.Com -Adr- 7.4%
JD.com Inc ADR 5.1%
China Resources Land Shs 4.5%
Geely Automobile Hldgs Ltd EUR 4.2%
Midea Group Co Ltd 4.0%
China Construct -H- Shs 3.9%
Xinyi Glass Akt 3.6%
China Overseas Land & Inv Shs 3.5%
Document Date DE EN ES FR IT
Factsheets & Commentaries
Factsheet Aug 2020
Monthly Commentary Aug 2020
KIIDs
KIID Jun 2020
Legal Documents
AGM EGM invitation Jan 2020
Articles of Association Apr 2016
Notification to Investors Apr 2020
Sales Prospectus Dec 2019
Financial Reports
Annual Report Aug 2019
Dividend Payout Jan 2019
Semi-Annual Report Feb 2020
Dealing Information
Holiday Calendar 2020 Jan 2020
List of Active Retail Share Classes Dec 2018
Policies
Sanctioned Countries Sep 2016
Shareclass Naming Convention Nov 2019

Risks

  • Limited participation in the potential of single securities

  • Success of single security analysis and active management cannot be guaranteed

  • It cannot be guaranteed that the investor will recover the capital invested

  • Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility

  • Price fluctuations of investments due to market, industry and issuer linked changes are possible

  • Investment universe may involve investments in countries where the local stock exchanges may not yet qualify as recognised stock exchanges

  • Investments in foreign currencies are subject to currency fluctuations

Morningstar rating: © 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.