abrdn China Investment Company Ltd (ACIC.L)
abrdn China Investment Company Limited is a close-ended equity fund of funds launched and managed by Aberdeen Emerging Capital Limited. The fund invests both directly and through other funds in public equity markets of emerging market countries across the globe, with a focus on Asia, Eastern Europe, the Middle East, Africa, and Latin America. It seeks to invest in stocks of companies operating across diversified sectors. The fund employs quantitative, qualitative, and fundamental analysis with both bottom-up and top-down approaches to create its portfolio. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Net Total Return Index. The fund was formerly known as Aberdeen Emerging Markets Investment Company Limited. abrdn China Investment Company Limited was formed on June 21, 1998 and is domiciled in Guernsey, Channel Islands.
Company Info
| ISIN | GG00B45L2K95 |
|---|---|
| Sector | Financials |
| Industry | Collective Investments |
Highlights
| Market Cap | £197.24M |
|---|---|
| EPS | -£0.53 |
| Revenue (TTM) | -£23.65M |
| Gross Profit (TTM) | -£139.18M |
| Year Range | £434.50 - £634.55 |
Share Price Chart
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Performance
The chart shows the growth of an initial investment of £10,000 in abrdn China Investment Company Ltd, 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
abrdn China Investment Company Ltd had a return of -18.88% year-to-date (YTD) and -17.69% in the last 12 months. Over the past 10 years, abrdn China Investment Company Ltd had an annualized return of 2.17%, while the S&P 500 had an annualized return of 11.84%, indicating that abrdn China Investment Company Ltd did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.13% | 0.62% |
| 6 months | -16.29% | 8.94% |
| Year-To-Date | -18.88% | 11.11% |
| 1 year | -17.69% | 8.76% |
| 5 years (annualized) | -1.26% | 7.81% |
| 10 years (annualized) | 2.17% | 11.84% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -9.22% | -2.15% | -8.97% | -7.65% | -1.31% | 5.30% | -6.50% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for abrdn China Investment Company Ltd (ACIC.L) 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 | |
|---|---|---|---|---|---|
ACIC.L abrdn China Investment Company Ltd | -0.72 | ||||
^GSPC S&P 500 | 0.89 |
Dividend History
abrdn China Investment Company Ltd granted a 0.01% dividend yield in the last twelve months. The annual payout for that period amounted to £0.03 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Dividend | £0.03 | £0.00 | £0.23 | £0.22 | £0.21 | £0.21 | £0.10 |
Dividend yield | 0.01% | 0.00% | 0.03% | 0.03% | 0.04% | 0.05% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for abrdn China Investment Company Ltd. 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 | £0.03 | £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 | £0.00 |
| 2021 | £0.00 | £0.06 | £0.00 | £0.00 | £0.06 | £0.00 | £0.00 | £0.06 | £0.00 | £0.00 | £0.00 | £0.06 |
| 2020 | £0.00 | £0.06 | £0.00 | £0.00 | £0.06 | £0.00 | £0.00 | £0.06 | £0.00 | £0.00 | £0.06 | £0.00 |
| 2019 | £0.00 | £0.05 | £0.00 | £0.00 | £0.05 | £0.00 | £0.00 | £0.05 | £0.00 | £0.00 | £0.05 | £0.00 |
| 2018 | £0.00 | £0.00 | £0.05 | £0.00 | £0.05 | £0.00 | £0.00 | £0.05 | £0.00 | £0.00 | £0.05 | £0.00 |
| 2017 | £0.05 | £0.00 | £0.00 | £0.05 | £0.00 |
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 abrdn China Investment Company Ltd. 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 abrdn China Investment Company Ltd is 39.98%, recorded on Jul 18, 2023. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.98% | Dec 17, 2021 | 395 | Jul 18, 2023 | — | — | — |
| -31.52% | Jan 7, 2011 | 1165 | Aug 24, 2015 | 282 | Oct 4, 2016 | 1447 |
| -30.65% | Jan 21, 2020 | 43 | Mar 19, 2020 | 159 | Nov 4, 2020 | 202 |
| -21.74% | Jan 30, 2018 | 189 | Oct 26, 2018 | 303 | Jan 9, 2020 | 492 |
| -11.19% | Oct 27, 2016 | 21 | Nov 24, 2016 | 90 | Apr 5, 2017 | 111 |
Volatility Chart
The current abrdn China Investment Company Ltd volatility is 5.94%, 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.