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First State Hong Kong Growth III

Ranked 2 out of 20 in - Hong Kong over 12 months
All calculations are in HKD unless stated

Managed by

Richard Jones

Richard Jones is a director of First State Stewart Asia, part of First State Investments. Richard has more than 27 years of investment experience in Asia, focused on both company research and portfolio management. He joined the FSSA team in January 2010 and is based in Hong Kong. Richard is the lead manager of the First State Asia Innovation Fund, the First State Asian Growth Fund and the First State Singapore and Malaysia Fund. He is also responsible for managing a number of Asia Pacific Leaders portfolios on behalf of key client segregated accounts. Richard graduated from the London School of Economics with a first class degree in Economics (Government).

Martin Lau

Having graduated from Cambridge University with a Bachelor of Arts degree and a Masters in Engineering, Martin Lau has progressed from a somewhat industrious education to Investment Fund Management and now has over 10 years experience in the industry. Born in Hong Kong in 1972, Lau started his investment career in 1995 at BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the greater China funds, Smaller Companies fund and regional portfolios. Lau currently manages a range of China and Asia funds for First State. He describes his investment style for many of the funds he runs as bottom up stock selection with strong macro overlay. He also focuses heavily on quality, growth and price. A keen badminton player, Lau also enjoys playing tennis, walking and going to the cinema.

Objective

The Fund aims to grow your investment. The Fund mainly invests in shares of companies which have the potential for long term growth and are based in or having significant operations in Hong Kong.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Hong Kong over : 31/03/2016 - 31/03/2017

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 12.2%
2016 4.4% -4.4% 2.5% 12.6% -5.3%
2015 -1.1% 6.4% 5.5% -18.1% 7.6%
2014 -2.9% -4.3% 4.9% -2.3% -1.1%
2013 13.7% 3.6% -3.0% 5.5% 7.3%
2012 26.2% 11.4% -4.0% 8.9% 8.4%
2011 -10.5% 0.2% 2.4% -18.8% 7.5%
2010 27.9% 5.4% -2.1% 20.3% 3.0%
2009 77.9% 2.2% 35.9% 15.6% 10.8%
2008 -48.7% -15.6% -3.2% -24.0% -17.4%
2007 57.6% 8.7% 15.4% 22.6% 2.4%
2006 40.1% 12.5% -1.3% 8.0% 16.8%
2005 14.7% 6.7% 2.9% 3.6% 0.9%
2004 34.3% 11.1% -5.3% 10.8% 15.2%
2003 73.6% 2.2% 17.2% 22.2% 18.6%
2002 -12.0% 0.1% 4.0% -16.7% 1.5%
2001 -11.4% -10.1% 5.9% -22.2% 19.8%
2000 -3.7% 17.8% -10.9% -5.7% -2.7%
1999 44.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Hong Kong
  2. Ireland
  3. Macau
  4. Singapore
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date30/07/1999
  • Share Class size71Mn
  • Base currencyUSD
  • ISIN IE0008375762

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment0

Charges

  • Annual management1.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in HKD).