SCSLX: State Street China Equity Select Fund

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SCSLX State Street China Equity Select Fund


Profile

SCSLX - Profile

Vitals

  • YTD Return 0.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $5.85 M
  • Holdings in Top 10 68.9%

52 WEEK LOW AND HIGH

$11.80
$9.80
$12.48

Expenses

OPERATING RELATED FEES

  • Expense Ratio 5.35%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style China Region

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.32%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    State Street China Equity Select Fund
  • Fund Family Name
    State Street Global Advisors
  • Inception Date
    May 28, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Xiao

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings, if any, for investment purposes) in equity securities of Chinese companies. It uses a fundamental, research-driven investment process to build a portfolio of equity securities that SSGA FM believes offer sustainable growth prospects at a reasonable valuation. It is non-diversified.


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Categories

Performance

SCSLX - Performance

Return Ranking - Trailing

Period SCSLX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -60.4% 31.7% 7.81%
1 Yr N/A -73.3% 62.0% N/A
3 Yr N/A* -33.9% 19.9% N/A
5 Yr N/A* -24.2% 8.2% N/A
10 Yr N/A* -10.3% 6.0% N/A

* Annualized

Return Ranking - Calendar

Period SCSLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -26.0% 36.1% N/A
2018 N/A -52.1% -12.2% N/A
2017 N/A 18.8% 58.1% N/A
2016 N/A -16.0% 4.0% N/A
2015 N/A -34.4% 3.1% N/A

Total Return Ranking - Trailing

Period SCSLX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -60.4% 31.7% 7.81%
1 Yr N/A -73.3% 62.0% N/A
3 Yr N/A* -30.0% 23.2% N/A
5 Yr N/A* -20.4% 12.9% N/A
10 Yr N/A* -7.2% 10.0% N/A

* Annualized

Total Return Ranking - Calendar

Period SCSLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -26.0% 36.1% N/A
2018 N/A -52.1% -9.6% N/A
2017 N/A 18.9% 65.8% N/A
2016 N/A -11.5% 5.9% N/A
2015 N/A -34.4% 9.7% N/A

NAV & Total Return History


Holdings

SCSLX - Holdings

Concentration Analysis

SCSLX Category Low Category High SCSLX % Rank
Net Assets 5.85 M 5.41 M 1.27 B 91.43%
Number of Holdings 33 1 152 90.00%
Net Assets in Top 10 3.55 M 0 568 M 91.43%
Weighting of Top 10 68.93% 26.9% 68.9% 1.56%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High SCSLX % Rank
Stocks
98.25% 0.00% 101.87% 35.71%
Cash
1.75% -1.87% 100.00% 62.86%
Preferred Stocks
0.00% 0.00% 0.00% 2.86%
Other
0.00% -0.31% 0.65% 11.43%
Convertible Bonds
0.00% 0.00% 0.00% 2.86%
Bonds
0.00% 0.00% 0.00% 2.86%

Stock Sector Breakdown

Weighting Return Low Return High SCSLX % Rank
Technology
24.97% 0.16% 24.97% 1.56%
Financial Services
24.92% 0.00% 50.20% 21.88%
Consumer Cyclical
24.03% 1.44% 40.06% 46.88%
Consumer Defense
13.10% 2.64% 18.85% 25.00%
Real Estate
3.47% 0.00% 26.52% 73.44%
Healthcare
3.13% 1.79% 31.43% 89.06%
Communication Services
2.86% 0.01% 28.38% 85.94%
Energy
2.63% 0.00% 6.45% 20.31%
Industrials
0.88% 0.00% 19.87% 93.75%
Utilities
0.00% 0.00% 21.63% 50.00%
Basic Materials
0.00% 0.00% 5.61% 89.06%

Stock Geographic Breakdown

Weighting Return Low Return High SCSLX % Rank
Non US
96.27% 0.00% 100.70% 62.86%
US
1.98% -0.36% 3.23% 14.29%

Expenses

SCSLX - Expenses

Operational Fees

SCSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 5.35% 0.82% 5.35% 1.61%
Management Fee 0.90% 0.66% 1.50% 30.00%
12b-1 Fee 0.00% 0.00% 1.00% 2.63%
Administrative Fee 0.05% 0.05% 0.26% 4.35%

Sales Fees

SCSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SCSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SCSLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 1.00% 344.00% 19.35%

Distributions

SCSLX - Distributions

Dividend Yield Analysis

SCSLX Category Low Category High SCSLX % Rank
Dividend Yield 0.69% 0.00% 13.36% 8.57%

Dividend Distribution Analysis

SCSLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

SCSLX Category Low Category High SCSLX % Rank
Net Income Ratio 1.32% -1.02% 3.64% 17.74%

Capital Gain Distribution Analysis

SCSLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SCSLX - Fund Manager Analysis

Managers

Andrew Xiao


Start Date

Tenure

Tenure Rank

May 28, 2019

0.93

0.9%

Andrew is a Managing Director of State Street Global Advisors (SSGA) and a Senior Portfolio Manager in the Investment Management Group. He is a member of the Emerging Market Equity team and manages SSGA's China Equity strategy. Andrew joined SSGA through its acquisition of GE Asset Management, where Andrew has been managing the China Equity strategy since 2012. Andrew also managed GEAM's China A-share strategy on an-interim basis from 2012 to 2013. Prior to that, he co-managed a 130/30 long/short large-cap equity portfolio for two years and managed a technology sector portfolio from 2006 to 2012. Before joining GEAM in 2006, Andrew was a portfolio manager on a global equity fund and a global technology fund at Morgan Stanley Investment Management, where he started as a technology equity research analyst in 2000. Earlier in his career, Andrew held senior technology positions at IBM Research Center and Intel Corp. Andrew holds a BS in Physics from Nanjing University (China), a Ph.D. in Electrical Engineering from Princeton University, and an MBA from New York University. Andrew is also a holder of the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.24 3.91 11.33