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.