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Merian China Equity Class U1 - Accumulation (GBP)

Sell:1,647.65p Buy:1,647.65p Change: 2.09p (0.13%)
Prices as at 17 July 2019
Sell:1,647.65p
Buy:1,647.65p
Change: 2.09p (0.13%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 17 July 2019
Sell:1,647.65p
Buy:1,647.65p
Change: 2.09p (0.13%)
Prices as at 17 July 2019
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: No  
Ongoing charge (OCF/TER): 1.13%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.13%

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: Unbundled
Manager:
Ping An of China Asset Management Company Limited
Fund launch date: 5 May 1998
Sector: Offshore
Fund size: £56 million
Number of holdings: 36
Fund type: ICVC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

16/07/14 to 16/07/15 16/07/15 to 16/07/16 16/07/16 to 16/07/17 16/07/17 to 16/07/18 16/07/18 to 16/07/19
Annual return 22.25% 5.87% 30.87% 11.13% 5.20%

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 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Fund Objective

The Fund aims to achieve long-term capital appreciation by investing in a well-diversified portfolio of equity securities issued by companies with either assets in, or revenues derived from, the People's Republic of China (PRC), Hong Kong and Taiwan that are listed, traded or dealt in regulated Markets in the PRC, Hong Kong, Taiwan, the US, Singapore, Korea, Thailand and Malaysia or in a member state of the OECD.

Income Details

Income paid: n/a
Type of payment: No income
Ex-dividend date: 31 December 2019
Payment date: 31 January 20204

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
TENCENT HLDGS LTD 8.89%
AIA GROUP LTD 7.95%
ALIBABA GROUP HLDG LTD 7.73%
INDUSTRIAL & COM BK CHINA 5.27%
PING AN INSURANCE(GR)CO OF CHINA 5.13%
CLP HLDGS 4.66%
BANK OF CHINA LTD 3.80%
CNOOC 3.47%
LINK REAL ESTATE INVESTMENT TRUST 3.35%
CHINA CONSTRUCTION BANK 3.22%
Sector Weight
Banks 19.10%
Software & Computer Services 18.22%
Life Insurance 13.08%
Real Estate Investment & Services 5.78%
Electricity 4.66%
Non-Renewable Energy 4.44%
Construction & Materials 4.35%
Telecommunications Service Providers 4.32%
Food Producers 4.16%
Real Estate Investment Trusts 3.35%
Country Weight
Hong Kong 52.71%
China 28.93%
United States 12.59%
Direct Property and REITs 3.35%
Cash and Equiv. 2.42%

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 17 July 2019. Data provided by Funds Library, correct as at 31 May 2019.

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.