First State Fundamental Relationships

IE0008368742 -- Ireland Fund  

USD 141.72  11.68  7.61%

The Drivers Module shows relationships between First State's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of First State China Growth I Acc over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

First State China Five Year Return vs. Price to Book Fundamental Analysis

First State China Growth I Acc is currently considered the top fund in price to book among similar funds. It is currently considered the top fund in five year return among similar funds reporting about  2.22  of Five Year Return per Price to Book.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
First State 
P/B 
 = 
MV Per Share 
BV Per Share 
=
1.41 times
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Five Year Return is considered as one of the best measures to evaluate fund performance especially from the mid and long term prospective. It shows the total annualized return generated from holding a fund for the last 5 years and represents capital appreciation of fund investments including all dividends, losses, and capital gains distributions.
First State 
Five Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
=
3.13 %
Although Five Year Fund Returns can give a sense of overall fund potential, it is recommended to compare fund performance with other similar funds for the same five year time interval. Similarly, comparing overall find performance over the last five year with appropriate market index is a great way to determine how this fund will perform during different market fluctuations.

First State China Five Year Return Comparison

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