AB All China Equity Portfolio (ACEYX)
Under normal circumstances, the fund invests at least 80% of its net assets in a portfolio of equity securities of companies economically tied to the People's Republic of China ("China") (including Hong Kong). Equity securities may include common stocks, preferred stocks, the equity securities of real estate investment trusts, or REITs, depositary receipts and derivative instruments related to equity securities. The fund is non-diversified.
Fund Info
| ISIN | US0025422074 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Jul 24, 2018 |
| Category | China Equities |
| Minimum Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The AB All China Equity Portfolio has a high expense ratio of 1.25%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Performance
The chart shows the growth of an initial investment of $10,000 in AB All China Equity Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
AB All China Equity Portfolio had a return of -7.67% year-to-date (YTD) and 0.19% in the last 12 months. Over the past 10 years, AB All China Equity Portfolio had an annualized return of -4.64%, while the S&P 500 had an annualized return of 8.24%, indicating that AB All China Equity Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -2.99% | -5.04% |
| 6 months | -12.03% | 4.35% |
| Year-To-Date | -7.67% | 11.68% |
| 1 year | 0.19% | 19.59% |
| 5 years (annualized) | -2.86% | 7.99% |
| 10 years (annualized) | -4.64% | 8.24% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.67% | -2.24% | -9.41% | 2.13% | 7.43% | -8.01% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for AB All China Equity Portfolio (ACEYX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ACEYX AB All China Equity Portfolio | -0.14 | ||||
^GSPC S&P 500 | 0.89 |
Dividend History
AB All China Equity Portfolio granted a 1.51% dividend yield in the last twelve months. The annual payout for that period amounted to $0.11 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Dividend | $0.11 | $0.11 | $0.20 | $0.06 | $0.12 |
Dividend yield | 1.51% | 1.39% | 1.83% | 0.44% | 1.18% |
Monthly Dividends
The table displays the monthly dividend distributions for AB All China Equity Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.12 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the AB All China Equity Portfolio. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the AB All China Equity Portfolio is 57.58%, recorded on Oct 31, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.58% | Feb 18, 2021 | 430 | Oct 31, 2022 | — | — | — |
| -24.5% | Jul 26, 2018 | 111 | Jan 3, 2019 | 50 | Mar 18, 2019 | 161 |
| -21.43% | Jan 14, 2020 | 47 | Mar 20, 2020 | 73 | Jul 6, 2020 | 120 |
| -14.56% | Apr 11, 2019 | 30 | May 23, 2019 | 144 | Dec 17, 2019 | 174 |
| -7.14% | Sep 3, 2020 | 5 | Sep 10, 2020 | 22 | Oct 12, 2020 | 27 |
Volatility Chart
The current AB All China Equity Portfolio volatility is 4.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.