Posted inTop Trumps

Mutual Fund Top Trumps – Korean Equities

This week FSA presents a quick comparison of two Korean equities products: the Barings Korea Trust fund and JP Morgan Korea fund.

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 3-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide who is the Top Trump.

This week the JP Morgan Korea Fund defeats the Barings Korea Trust Fund 4:2.

Barings Korea Trust Fund

The trust invests primarily in securities of equities and equity-related securities of companies incorporated in or exercising the predominant part of their economic activity in Korea or quoted or traded on the stock exchanges in Korea.

Sector breakdown:

  1. Information Technology (33.5%)
  2. Materials (13.8%)
  3. Industrials (13.1%)
  4. Communication Services (9.6%)
  5. Consumer Discretionary (9.3%)
  6. Healthcare (8.2%)
  7. Financials (8.2%)
  8. Consumer Staples (2.4%)
  9. Energy (0.8%)
  10. Cash (1.1%)

JP Morgan Korea Fund

The fund seeks to provide investors with long-term capital appreciation through investments primarily (i.e. at least 70% of its total net asset value) in companies whose shares are listed on the Korea Stock Exchange or traded on the Korean over-the-counter market.

Sector breakdown:

  1. Electrical & Electronic Equipment (29.1%)
  2. Chemicals (18.1%)
  3. Finance (14.0%)
  4. Others (8.4%)
  5. Services (7.4%)
  6. Medical Supplies (4.6%)
  7. Manufacturing (2.7%)
  8. Food & Beverages (2.6%)
  9. Distribution Industry (2.3%)
  10. Construction (1.8%)
  11. Net Liquidity (1.3%)

Part of the Mark Allen Group.