Morningstar Fund Report  | 02/04/2025Print

Guinness China A Share Fund C GBP Accumulation

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
Guinness China A Share Fund C GBP Accumulation
Fund----2.12.5
+/-Cat----12.41.3
+/-B’mrk----15.73.2
 
Category: China Equity - A Shares
Category Benchmark: MSCI China A Onshore NR CNY
Key Stats
NAV
31/03/2025		 GBP 6.99
Day Change -0.74%
Morningstar Category™ China Equity - A Shares
IA (formerly IMA) Sector China/Greater China
ISIN IE0006BWJJW3
Fund Size (Mil)
31/03/2025		 GBP 5.02
Share Class Size (Mil)
31/03/2025		 GBP 0.00
Max Initial Charge -
Ongoing Charge
15/03/2024		  1.99%
Investment Objective: Guinness China A Share Fund C GBP Accumulation
The investment objective of the Fund is to provide investors with a combination of capital appreciation and investment income
Returns
Trailing Returns (GBP)31/03/2025
YTD-0.33
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Sharukh Malik
09/03/2023
Edmund Harriss
09/03/2023
Inception Date
09/03/2023

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI China A Onshore NR USDMSCI China A Onshore NR CNY
Portfolio Profile for  Guinness China A Share Fund C GBP Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.770.0097.77
Bond0.000.000.00
Property0.000.000.00
Cash2.230.002.23
Other0.000.000.00
Top 5 Regions%
Asia - Emerging100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Industrials28.26
Technology22.90
Consumer Cyclical17.68
Basic Materials9.31
Consumer Defensive9.23
Top 5 HoldingsSector%
Shengyi Technology Co Ltd Class ATechnologyTechnology4.63
Jiangsu Hengli Hydraulic Co Ltd ... IndustrialsIndustrials4.57
Shenzhen Inovance Technology Co ... IndustrialsIndustrials4.44
Xiamen Faratronic Co Ltd Class ATechnologyTechnology4.13
Sino Wealth Electronic Ltd Class ATechnologyTechnology3.82
Increase Decrease New since last portfolio
Guinness China A Share Fund C GBP Accumulation
Growth Of 1000 (GBP) 28/02/2025
Fund:  Guinness China A Share Fund C GBP Accumulation
Category:  China Equity - A Shares
Category Index:  MSCI China A Onshore NR CNY
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 202428/02
Price Return-2.092.49
+/- Category-12.411.34
+/- Category Index-15.683.20
% Rank in Category9523
Trailing Returns (GBP)31/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.74   -0.47-0.47
1 Week-1.75   -0.58-0.65
1 Month-2.75   -0.49-0.32
3 Months-0.33   0.862.80
6 Months-1.04   -0.081.37
YTD-0.33   0.862.80
1 Year5.52   -5.14-1.72
3 Years Annualised-   --
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: China Equity - A Shares
Category Index: MSCI China A Onshore NR CNY
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2024-7.51-6.0013.44-0.71
2023--13.08-5.45-11.37
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  China Equity - A SharesClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev -
3-Yr Mean Return -
 
3-Yr Sharpe Ratio -
 
Modern Portfolio Statistics28/02/2025-
 Standard IndexBest Fit Index
 MSCI China A Onshore NR CNY  
3-Yr Beta--
3-Yr Alpha--
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 5597-
Market Capitalisation% of Equity
Giant28.77
Large31.31
Medium39.92
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings18.841.31
Price/Book3.061.93
Price/Sales2.632.67
Price/Cash Flow15.192.07
Dividend-Yield Factor2.730.89
 
Long-Term Projected Earnings Growth9.291.07
Historical Earnings Growth3.210.86
Sales Growth4.881.41
Cash-Flow Growth1.480.38
Book-Value Growth10.651.40
 
Category: China Equity - A Shares
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.770.0097.77
Bond0.000.000.00
Property0.000.000.00
Cash2.230.002.23
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.00-
Canada0.00-
Latin America0.00-
United Kingdom0.00-
Eurozone0.00-
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.00-
Asia - Developed0.00-
Asia - Emerging100.001.00
 
Category: China Equity - A Shares
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.310.83
Consumer CyclicalConsumer Cyclical17.681.94
Financial ServicesFinancial Services3.070.18
Consumer DefensiveConsumer Defensive9.231.49
HealthcareHealthcare6.500.83
Communication ServicesCommunication Services3.042.06
IndustrialsIndustrials28.261.68
TechnologyTechnology22.901.12
 
Category: China Equity - A Shares
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings30
Total Number of Bond Holdings0
Assets in Top 10 Holdings38.85
NameSectorCountry% of Assets
Shengyi Technology Co Ltd Class A311China4.63
Jiangsu Hengli Hydraulic Co Ltd Class A310China4.57
Shenzhen Inovance Technology Co Ltd C... 310China4.44
Xiamen Faratronic Co Ltd Class A311China4.13
Sino Wealth Electronic Ltd Class A311China3.82
Zhejiang Jingsheng Mechanical and Ele... 311China3.55
Himile Mechanical Science And Technol... 310China3.55
Shenzhen H&T Intelligent Control Co L... 311China3.48
Amoy Diagnostics Co Ltd Class A206China3.34
Hongfa Technology Co Ltd Class A310China3.34
 
Increase Decrease New since last portfolio
Category: China Equity - A Shares
 
Management
Name of CompanyGuinness Asset Management Limited
Phone020 7222 5703
WebsiteGuinnessgi.com
Address18 Smith Square
 London   SW1P 3HZ
 United Kingdom
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date09/03/2023
Fund Advisor(s)
Guinness Asset Management Limited
Fund ManagerSharukh Malik
Manager Start Date09/03/2023
 
Biography
Sharukh Malik joined Guinness Atkinson™ as an analyst in October 2015. He graduated from the University of Cambridge with a degree in Economics in 2014. He is a CFA charterholder.
Fund ManagerEdmund Harriss
Manager Start Date09/03/2023
Career Start Year1993
Education
1989, University of York, B.A.
1991, University of Oxford, M.M.
 
Biography
Edmund has managed Asian Funds since 1994 both from London and from Hong Kong. Edmund worked for ten years from 1993 for Guinness Flight, which became Investec after the merger in 1998. After joining the Far East Investment Desk in 1994, he served as a member of the investment team managing the China & Hong Kong Fund (now the Guinness Atkinson China & Hong Kong Fund, for US investors). He moved to Hong Kong and became the Fund’s lead manager in 1998. In addition, Edmund has managed the Guinness Atkinson Asia Focus Fund (for US investors) since 2003, and the Guinness Atkinson Asia Pacific Dividend Fund (for US investors) since its inception in 2006. Edmund graduated from Christ Church, University of Oxford, with a Master’s degree in Management Studies and has a Bachelor’s degree in History from the University of York. He is also an Associate of the Society of Investment Professionals. Edmund is manager of the Guinness China & Hong Kong Fund, and lead manager of the Guinness Asian Equity Income Fund.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.99%
Ongoing Charge1.99%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo