C WORLDWIDE ASIA COMPOSITE AS OF 31 MAR 2020
GROSS OF FEES IN DKK
STRATEGY
The investment objective of the C WorldWide Asia composite is to achieve long-term capital growth exceeding the return of the market with a moderate risk profile in line with or below the market risk. The portfolio’s investment philosophy is to combine long-term trends and short-term themes with thorough stock-picking in order to generate an attractive, long-term return for the patient investor. Considering Asia’s special market structure the portfolio will normally consist of 35–70 stocks, and will consist of a combination of large as well as medium and small-cap stocks. Our past experience has taught us the importance of having exposure to this market segment in order to capitalise on Asia’s growth case. The portfolio has a concentrated approach based on a narrow selection of carefully analysed investment themes. The portfolio invests in listed equities in Asia excluding Japan.
INVESTMENT RETURNS
|
|
Portfolio |
|
Benchmark |
RETURN & RISK
| YTD | 1 Y | 3 Y | 5 Y | 10 Y | Lifetime | |
| Portfolio (%) | -20.8 | -11.2 | 1.8 | 3.7 | - | 9.2 |
| Benchmark (%) | -16.6 | -11.5 | 0.3 | 0.9 | - | 4.5 |
| Relative performance (%) | -4.2 | 0.3 | 1.5 | 2.8 | - | 4.8 |
| 3 Y | 5 Y | 10 Y | Lifetime | |||
| Std. dev. portfolio (%) | 18.3 | 18.1 | - | 17.0 | ||
| Std. dev. benchmark (%) | 14.5 | 14.9 | - | 14.3 | ||
| Beta | 1.2 | 1.2 | - | 1.1 | ||
GEOGRAPHIC DIVERSIFICATION
SECTOR EXPOSURE
TOP 10 HOLDINGS
| Share in % | |
| Alibaba Group | 9.1% |
| Tencent Holdings | 8.3% |
| TSMC | 8.1% |
| Samsung Electronics | 8.0% |
| China Overseas Land & Investment | 3.8% |
| AIA Group | 3.8% |
| Sunac China Holdings | 3.6% |
| Sunny Optical Tech | 3.2% |
| Ping An Insurance | 3.0% |
| Anhui Conch Cement | 2.5% |
FACTS
| Portfolio category: | Asia ex. Japan |
| Launch date: | 30 June 2001 |
| Benchmark: | MSCI AC Asia ex. Japan |
| Investment Manager: | C WorldWide Asset Management |
| Portfolio Manager: | Allan Christensen, Mogens Akselsen |
| Performance calculation: | Performance figures are GIPS verified |
DISCLAIMER
This fact sheet is for information purposes only and shall not be considered an offer or invitation to purchase or sell any of the products or services mentioned on this website. All reasonable precautions have been taken to ensure the accuracy of information available on this website. The information may be amended at any time by C WorldWide Asset Management without notice.
We must emphasize that the figures in this publication are based on past performance. Past performance is not a reliable indicator of future performance. The return may increase or decrease as a result of currency fluctuations.
The figures are based on a GIPS composite and the full GIPS report is available upon request. The figures are gross of investment management fee and performance fee, if any. Fees incurred by the investor such as custody fees and transaction costs are not included.