Source: FE Fundinfo. All relevant fund data converted to US dollars for comparative purposes. Performance, alpha and volatility are annualised over three years with data as reported at the end of last month. Information ratio (IR) aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.

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 which is the Top Trump.

This week, the Manulife China Value fund defeats the PineBridge Greater China Equity fund: 4-2

Manulife China Value fund

This fund aims to achieve long-term capital appreciation through investing at least 70% of its net assets in a diversified portfolio of securities of companies with substantial business interests in the Greater China Region (which includes Mainland China, Hong Kong and Taiwan) which are listed or traded on the stock exchanges of Shanghai, Shenzhen, Hong Kong, Taipei or other overseas exchanges and which are currently under-valued but which may have long-term potential.

Top 10 holdings:

Taiwan Semiconductor Manufacturing Co., Ltd. 10.5%
Tencent Holdings Ltd 7.7%
Delta Electronics, Inc. 6.1%
Alibaba Group Holding Limited 5.5%
Taiwan Union Technology Corporation 3.7%
Elite Material Co., Ltd. 3.4%
Unimicron Technology Corp. 3.2%
MediaTek Inc 2.6%
Accton Technology Corp. 2.1%
MPI Corporation 2.0%

PineBridge Greater China Equity fund

The fund aims to provide long-term capital growth by investing in equity and equity-related securities of companies whose assets, products or operations are in the Greater China Region.

Top 10 holdings:

Taiwan Semiconductor Manufacturing Company Limited 9.8%
Tencent Holdings Limited 8.1%
Alibaba Group Holding Limited 5.4%
China Construction Bank Corporation 4.7%
Industrial and Commercial Bank of China Limited 3.2%
MediaTek Inc. 3.2%
Delta Electronics, Inc. 2.9%
AIA Group Limited 2.3%
ASE Technology Holding Co., Ltd. 2.2%
Hon Hai Precision Industry Co., Ltd. 2.0%