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Fund Price: $2.61 (as at July 25, 2014)  1-day chg: $.0166 0.64%  YTD: 0.14%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 2.10% 1.33% -1.41%
3 Months -1.21% 0.32% 1.12%
6 Months -4.69% -2.44% -0.21%
1 Year 16.32% 15.55% 12.64%
2 Year Avg 12.59% 12.42% 11.69%
3 Year Avg 0.47% 1.80% 4.69%
4 Year Avg 2.24% 2.91% 3.79%
5 Year Avg 1.03% 2.57% 2.96%
10 Year Avg 5.72% 7.25% 4.20%
15 Year Avg - 8.67% 1.42%
20 Year Avg - 5.10% 3.62%
Since Inception 3.29% - -
 
2013 19.85% 13.36% 9.73%
2012 12.31% 16.52% 20.42%
2011 -23.06% -20.87% -17.92%
 
3 year risk 19.32 17.77 15.25
3 year beta 1.12 1.01 1.00

*HANG SENG Total Return Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the HANG SENG Total Return Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Sep 07): 113.57 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Oct 08): -59.30 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 19 High

Fund Objectives

The investment objective of the Fund is to seek long-term superior growth of capital by investing approximately 90% of its assets in equity securities of companies located in China, Hong Kong, Taiwan and other Far East countries. The balance of the Fund's assets will be invested in Canadian equity securities which focus on companies doing business in China, debt securities of Canadian issuers, derivatives (futures, options and forward contracts) and cash or cash equivalents. As an alternative to direct investments, the Fund may invest in index futures in order to gain exposure to equity securities based in these countries. The Fund will also invest in companies in other parts of the world that are currently participating or intending to participate in the economic development and opportunities in China.

Fund Facts

Fund Sponsor: Excel Funds Management Inc.
Managed by: Baring International Investment Ltd.
Fund Type: MF Trust
Inception Date: January 2000
Asset Class: Greater China Equity
Quartile Rank: 3 (3YR ending June 30, 2014)
Total Assets: $35.6 million
Mgmt Exp. Ratio (MER): 3.54%
Management Fee: 2.50%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$250
Subsequent:
$50
Min. Invest (initial RRSP):
$250
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2013

Equity Sector Weightings December 31, 2013

Fund Geography December 31, 2013

Top Holdings as at December 31, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 25, 2014
1 Year Performance (%)
- Tencent Holdings Ltd. Telecommunications China Stock 4.66   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CEO-N CNOOC Limited Integrated Oils China Stock 4.57   -0.63 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Legend Hldg Adr Electrical & Electronic China Stock 4.32   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Ping An Insurance (Group) Co. Insurance China Stock 4.08   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- China Merchants Bank Co., Ltd. Banks China Stock 3.87   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Agricultural Bank of China Banks China Stock 3.77   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- China Minsheng Banking Banks China Stock 3.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- China Construction Bank Banks China Stock 3.7   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- New China Life Insurance Insurance China Stock 3.38   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Techtronic Industries Co. Ltd. Misc. Consumer Products China Stock 3.22   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Agnes Deng

Baring International Investment Ltd.

Start Date: January, 2009

Fund Return: 7.13%

Ms. Deng has over 12 years of investment experience. She joined Baring Asset Management in 2007 and has been managing the Excel China Fund since 2009. Barings has been managing assets since 1982 and currently has approximately US $43 billion in assets under management.

View fund manager performance report