State Street China Equity Select Fund
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-15.1%
1 yr return
-34.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$4.75 M
Holdings in Top 10
50.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
China Region
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
SCSLX - Profile
Distributions
- YTD Total Return -15.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.08%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameState Street China Equity Select Fund
-
Fund Family NameState Street Global Advisors
-
Inception DateMay 28, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew 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.
SCSLX - Performance
Return Ranking - Trailing
| Period | SCSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -15.1% | -33.2% | 14.5% | 38.06% |
| 1 Yr | -34.7% | -58.0% | 56.4% | 73.28% |
| 3 Yr | N/A* | -15.7% | 24.5% | N/A |
| 5 Yr | N/A* | -6.1% | 16.3% | N/A |
| 10 Yr | N/A* | -0.2% | 12.1% | N/A |
* Annualized
Return Ranking - Calendar
| Period | SCSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -28.7% | -52.5% | 39.7% | 90.48% |
| 2020 | 36.3% | -21.7% | 138.4% | 43.12% |
| 2019 | N/A | -1.9% | 46.9% | N/A |
| 2018 | N/A | -52.1% | -5.1% | N/A |
| 2017 | N/A | 7.9% | 78.5% | N/A |
Total Return Ranking - Trailing
| Period | SCSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -15.1% | -33.2% | 21.6% | 14.93% |
| 1 Yr | -34.7% | -58.0% | 56.4% | 72.52% |
| 3 Yr | N/A* | -15.7% | 24.5% | N/A |
| 5 Yr | N/A* | -6.1% | 16.3% | N/A |
| 10 Yr | N/A* | -0.2% | 12.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | SCSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -28.7% | -52.5% | 39.8% | 90.48% |
| 2020 | 36.3% | -21.7% | 138.4% | 43.12% |
| 2019 | N/A | -1.9% | 47.0% | N/A |
| 2018 | N/A | -52.1% | -5.0% | N/A |
| 2017 | N/A | 7.9% | 78.5% | N/A |
NAV & Total Return History
SCSLX - Holdings
Concentration Analysis
| SCSLX | Category Low | Category High | SCSLX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.75 M | 1.07 M | 6.4 B | 92.75% |
| Number of Holdings | 43 | 6 | 964 | 68.84% |
| Net Assets in Top 10 | 2.43 M | 874 K | 4.04 B | 91.30% |
| Weighting of Top 10 | 50.94% | 6.2% | 98.3% | 49.28% |
Top 10 Holdings
- Tencent Holdings Ltd 17.13%
- Tencent Holdings Ltd 17.13%
- Tencent Holdings Ltd 17.13%
- Tencent Holdings Ltd 17.13%
- Tencent Holdings Ltd 17.13%
- Tencent Holdings Ltd 17.13%
- Tencent Holdings Ltd 16.95%
- Tencent Holdings Ltd 16.95%
- Tencent Holdings Ltd 16.95%
- Tencent Holdings Ltd 16.95%
Asset Allocation
| Weighting | Return Low | Return High | SCSLX % Rank | |
|---|---|---|---|---|
| Stocks | 96.12% | 50.52% | 102.73% | 72.46% |
| Cash | 3.88% | -2.73% | 27.43% | 22.46% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 10.14% |
| Other | 0.00% | -0.53% | 48.26% | 25.36% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 10.14% |
| Bonds | 0.00% | 0.00% | 2.87% | 21.74% |
SCSLX - Expenses
Operational Fees
| SCSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.90% | 0.09% | 3.56% | 60.14% |
| Management Fee | 0.90% | 0.09% | 1.50% | 63.77% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.34% |
| Administrative Fee | 0.05% | 0.05% | 0.26% | 3.33% |
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 | 33.00% | 4.00% | 278.00% | 30.48% |
SCSLX - Distributions
Dividend Yield Analysis
| SCSLX | Category Low | Category High | SCSLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.06% | 0.00% | 0.97% | 13.77% |
Dividend Distribution Analysis
| SCSLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| SCSLX | Category Low | Category High | SCSLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.08% | -1.93% | 4.74% | 57.04% |
Capital Gain Distribution Analysis
| SCSLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
SCSLX - Fund Manager Analysis
Managers
Andrew Xiao
Start Date
Tenure
Tenure Rank
May 28, 2019
2.84
2.8%
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 | 28.15 | 3.61 | 0.08 |