Based on the popular 80s card game, each week we select an asset class and use FE Fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide who is the Top Trump.
This week the BNP Paribas Consumer Innovators fund defeats the Fidelity China Consumer fund 5-1.
BNP Paribas Consumer Innovators fund
The fund represents a concentrated portfolio that seeks to capture the shift in landscape for global consumer stocks due to technological and demographic changes.
Top 10 holdings:
- Tesla (9.86%)
- Amazon.com (9.64%)
- Home Depot (8.02%)
- LVMH (5.78%)
- Booking Holdings (4.85%)
- Sony Group Corp (4.28%)
- Starbucks Corp (4.04%)
- Mercadolibre (3.78%)
- Nike (3.71%)
- Lululemon (2.87%)
Fidelity China Consumer fund
The fund invests at least 70% of its assets, in equities of companies that are headquartered or do most of their business in China or Hong Kong. These companies are involved in the development, manufacture or sales of goods or services to consumers in China.
Top 10 holdings:
- Tencent Holdings (9.7%)
- Alibaba Group Holding (8%)
- PDD Holdings (6.7%)
- PingAn Insurance Group Co China (5.2%)
- Kweichow Mouta (5.1%)
- Netease (5%)
- AIA Group (4.2%)
- Yum China Holdings (3.6%)
- Focus Media Information Technology (3.3%)
- Shenzhou International Group Holdings (3.2%)
