14 important things you should know about Aberdeen GOPAX mutual fund

Updated: Last Sunday
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Before we start: if you’re looking for GOPAX “stock” price, you can quickly find it out by visiting Finny and typing "GOPAX quote". If you’re looking for a quick scoop on GOPAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "GOPAX". You’ll get all this info in one place.

Are you looking to buy or sell GOPAX? Or perhaps you’re looking for GOPAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this GOPAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: GOPAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: GOPAX buy or sell; the pros and cons of investing in GOPAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to GOPAX.

And here is the list of questions we’ll answer:

  1. Describe Aberdeen Funds: Aberdeen China Opportunities Fund; Class A Shares (GOPAX).
  2. What are GOPAX holdings?
  3. What is GOPAX performance? What are GOPAX historical returns?
  4. How many up and down years did GOPAX have historically?
  5. What is GOPAX dividend yield?
  6. What is GOPAX minimum initial investment amount?
  7. What is GOPAX expense ratio?
  8. Does GOPAX have any sales loads or 12b-1 distribution expenses?
  9. What is GOPAX tax efficiency (tax-cost ratio)?
  10. What is GOPAX beta? How would you assess GOPAX risk?
  11. What is GOPAX Sharpe ratio?
  12. What is GOPAX Finny Score? GOPAX buy or sell?
  13. What are the pros of investing in GOPAX? What are GOPAX buy reasons?
  14. What are the cons of investing in GOPAX? What are GOPAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Aberdeen Funds: Aberdeen China Opportunities Fund; Class A Shares (GOPAX).

The Fund seeks long-term capital appreciation by investing at least 80% of its net assets in securities of companies located in China or Hong Kong.

2. What are GOPAX top holdings?

GOPAX has 33 stock holdings and 0 bond holdings.

The top 10 holdings represent 50.60% of total assets. Here are the top holdings:

Name Symbol % Assets
Ping An Insurance (Group) Co. of China Ltd 601318 8.11%
Kweichow Moutai Co Ltd 600519 7.70%
China International Travel Service Corp Ltd Class A 601888 5.22%
China Merchants Bank Co Ltd 600036 4.83%
Foshan Haitian Flavouring and Food Co Ltd Class A 603288 4.39%
Aier Eye Hospital Group Co Ltd 300015 4.34%
Wuliangye Yibin Co Ltd 000858 4.19%
Hangzhou Hik-Vision Digital Technology Co Ltd 002415 4.04%
Midea Group Co Ltd Class A 000333 3.93%
Anhui Conch Cement Co Ltd Class A 600585 3.85%

3. What is GOPAX performance? What are GOPAX historical returns?

GOPAX has generated the following returns:

  • 1-month return is 6.51%;
  • 3-month return is -0.52%;
  • 1-year return is 8.31%;
  • 3-year return is 8.77%;
  • 5-year return is 4.49%;
  • 10-year return is 5.20%;
  • 15-year return is 9.10%.

4. How many up and down years did GOPAX have historically?

In the last 10 years, GOPAX had 5 up years and 5 down years.

5. What is GOPAX dividend yield?

GOPAX yield is 0.02%.

6. What is GOPAX minimum initial investment amount?

GOPAX minimum initial investment amount is $3.00K.

7. What is GOPAX expense ratio?

GOPAX expense ratio is 1.35%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does GOPAX have any sales loads or 12b-1 distribution expenses?

GOPAX 12b-1 distribution fee is 0.25. GOPAX front-end sales load is 5.75. GOPAX back-end sales load is 0.

9. What is GOPAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.98%;
  • 3-year ax cost ratio is 0.5%.

10. What is GOPAX beta? How would you assess GOPAX risk?

  • 3-year beta is 0.86;
  • 5-year beta is 0.93;
  • 10-year beta is 0.82.

11. What is GOPAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.31;
  • 5-year Sharpe ratio is 0.24;
  • 10-year Sharpe ratio is 0.28.

Analysis

12. What is GOPAX Finny Score? GOPAX buy or sell?

GOPAX Finny Score is 56. Our quantitative analysis shows 5 reasons to buy GOPAX and 4 reasons to sell it, resulting in the Finny Score of 56.

13. What are the pros of investing in GOPAX? What are GOPAX buy reasons?

The following are GOPAX strengths from our perspective:

  • GOPAX 3-year return is 8.77%, which is higher than the 3-year return of the benchmark index (MSCI China A Onshore NR USD), 3.11%.
  • GOPAX 5-year return is 4.49%, which is higher than the 5-year return of the benchmark index (MSCI China A Onshore NR USD), -7.31%.
  • GOPAX 10-year return is 5.2%, which is higher than the 10-year return of the benchmark index (MSCI China A Onshore NR USD), 3.4%.
  • GOPAX 3-year Beta is 0.86, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.
  • GOPAX 10-year Beta is 0.82, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in GOPAX? What are GOPAX negatives?

The following are GOPAX weaknesses from our perspective:

  • GOPAX net assets are $8.90 million. This fund is not a popular choice with retail investors.
  • GOPAX 15-year return is 9.1%, which is lower than the 15-year return of the benchmark index (MSCI China A Onshore NR USD), 12.37%.
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.75%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
  • GOPAX expense ratio is 1.35%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the GOPAX review, we covered GOPAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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