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Veritas China Inclusive - Class B - Income (GBP)

Sell:14,538.10p Buy:14,538.10p Change: 58.77p (0.40%)
Prices as at 22 September 2017
Sell:14,538.10p
Buy:14,538.10p
Change: 58.77p (0.40%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 22 September 2017
Sell:14,538.10p
Buy:14,538.10p
Change: 58.77p (0.40%)
Prices as at 22 September 2017
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: Yes   View risks
Ongoing charge (OCF/TER): 2.21%
Ongoing saving from HL: 0.50% i
Net ongoing charge: 1.71%
There are other unit types of this fund available:
Class A - Income (GBP) (Net ongoing charge 1.78%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Inclusive
Manager:
Ezra Sun
Fund launch date: 1 October 2009
Launch price: $100.00
Sector: China/ Greater China
Fund size: $24 million
Number of holdings: 24
Fund type: ICVC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: HSBC Institutional Trust Services (Ireland) DAC
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

22/09/12 to 22/09/13 22/09/13 to 22/09/14 22/09/14 to 22/09/15 22/09/15 to 22/09/16 22/09/16 to 22/09/17
Annual return 28.21% 6.95% 8.29% -10.08% 13.87%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 150 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 150 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 150 funds are superior alternatives. View funds on the Wealth 150 »

Fund Objective

A long-short fund investing in companies located in China or companies not located in China but derive a majority (over 50%) of their income from China, targeting returns between 10-15% per annum on a rolling three to five year basis.

Income Details

Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 29 September 2017
Payment date: 6 October 20174

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
Samsonite International 6.09%
Kweichow Moutai 5.94%
Shangri-La Asia 5.06%
Brilliance China Automotive Holdings 4.73%
Chow Tai Fook Jewellery Group 4.31%
CSPC Pharmaceutical Group (P Chip) 3.88%
Geely Automobile Holdings (P Chip) 3.84%
Hangzhou Robam Appliances 3.73%
Sunny Optical Technology Group (P Chip) 3.71%
Suofeiya Home Collection Company 3.65%
Sector Weight
Cash and Equiv. 21.11%
Alternative Trading Strategies 16.39%
Travel & Leisure 9.55%
Automobiles & Parts 8.57%
General Retailers 7.53%
Household Goods & Home Construction 6.09%
Pharmaceuticals & Biotechnology 3.88%
Electronic & Electrical Equipment 3.71%
Food & Drug Retailers 3.52%
Life Insurance 3.27%
Country Weight
Hong Kong 31.83%
Cash and Equiv. 21.11%
Ireland 16.39%
China 14.11%
Luxembourg 6.09%
United States 3.84%
Taiwan 3.52%
Direct Property and REITs 3.11%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 22 September 2017. Data provided by Funds Library, correct as at 31 July 2017.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & 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.