abrdn China A Share Equity Fund

Ticker

GOPIX

ISIN

US003019106

Price

USD 21.56

Change Today

+0.07 / 0.326 %

Price 1 year ago

26.48 / -18.579 %

Morningstar

4

52 Week Low

18.21

52 Week High

25.99

200 Day Moving Average 21.36

21.36

50-day Moving Average

20.73


Price evolution


Yearly returns


Peers comparison

Risk factors

1 year

Parameter Value
Sharpe Ratio -0.82
Sortino Ratio -1.85
Maximum Drawdown -29.71%
Maximum Drawdown Date 2024-02-02
Calmar Ratio 0.51

1 year

Parameter Value
Return -5.30
Volatility 18.958%
Alpha None
Beta None
R Squared None

History

Parameter Value
Average Annual Return 7.75%
Average Annual Volatility 21.942%
Sharpe Ratio 0.35
Sortino Ratio 0.30
Maximum Drawdown -78.0%
Maximum Drawdown Date 2008-10-27
Calmar Ratio -0.10

Company information

Summary

The fund normally invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities of mainland China-based companies that are denominated in Renminbi and listed on the Shenzhen and Shanghai stock exchanges ("China A Shares"). It may invest without limit in the equity securities of companies of any size, including small-cap and mid-cap companies. Equity securities include, but are not limited to, common stock, preferred stock and depositary receipts. The fund also may invest in equity-linked notes.

Market

US

Category

China Region

Expense Ratio

-

Fund family

-

Morningstar

4

Yield
-
Exchange
NAS
Sector Weight
Technology 16.36%
Consumer defensive 15.88%
Industrials 12.91%
Consumer cyclical 12.62%
Financial services 11.73%
Healthcare 6.77%
Basic materials 2.92%
Realestate 1.86%
Utilities 0.05%
Communication services 0.00%
Energy 0.00%
None

Holdings

Symbol Name Allocation
600519 Kweichow Moutai Co Ltd Class A 6.79%
601888 China Tourism Group Duty Free Corp Ltd Class A 5.89%
600036 China Merchants Bank Co Ltd Class A 5.37%
Contemporary Amper 4.61%
SHENZHEN MINDRAY BIO-MEDIC-A 3.2%
601012 LONGi Green Energy Technology Co Ltd Class A 3.1%
300015 Aier Eye Hospital Group Co Ltd Class A 2.93%
600406 NARI Technology Co Ltd Class A 2.73%
002812 Yunnan Energy New Material Co Ltd Class A 2.65%
000333 Midea Group Co Ltd Class A 2.6%

Alternative funds

Ticker Name Isin Exchange Expenses Morningstar Alpha Beta
CBON VanEck China Bond ETF US92189F379 PCX 0.51% 5 +1.32
CHIE Global X MSCI China Energy ETF US37950E507 PCX 0.67% 4 +35.27
CNYA iShares MSCI China A ETF IE00BQT3WG13 BTS 0.60% 4 -7.21
CNYA.L iShares MSCI China A UCITS ETF IE00BQT3WG1 LSE 0.40% 4
CNYB.AS iShares China CNY Bond UCITS ETF IE00BYPC1H27 AMS 0.40% 5 +0.08 --
CNYB.L iShares China CNY Bond UCITS ETF IE00BYPC1H2 LSE 0.40% 5 +0.08 --
EMXC iShares MSCI Emerging Markets ex China ETF IE00B0M6317 NGM 0.25% 4 -8.49
GOPIX abrdn China A Share Equity Fund US003019106 NAS 4
IASH.L iShares MSCI China A UCITS ETF IE00BQT3WG1 LSE 0.40% 4
KBA KraneShares Bosera MSCI China A 50 Connect Index ETF US500767405 PCX 0.56% 4 -7.27
KGRN KraneShares MSCI China Clean Technology ETF US500767850 PCX 0.78% 4 -9.83
XCEM Columbia EM Core ex-China ETF US19762B202 PCX 0.16% 4 -4.77

Sustainability scores

Events

Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.