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Morningstar

AB All China Equity A ACEAX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 7.70  /  +1.72 %
  • Total Assets 68.9 Mil
  • Adj. Expense Ratio
    1.500%
  • Expense Ratio 1.500%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category China Region
  • Investment Style Large Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.62%
  • Turnover 86%

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:14 PM GMT+0

Morningstar’s Analysis ACEAX

Will ACEAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACEAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ACEAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ACEAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

AB All China Equity A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ACEAX

More ACEAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Tencent Holdings Ltd

7.10 4.9 Mil
Communication Services

Alibaba Group Holding Ltd Ordinary Shares

5.13 3.6 Mil
Consumer Cyclical

PDD Holdings Inc ADR

4.47 3.1 Mil
Consumer Cyclical

Kweichow Moutai Co Ltd Class A

3.40 2.4 Mil
Consumer Defensive

NetEase Inc Ordinary Shares

2.94 2.0 Mil
Communication Services

Yutong Bus Co Ltd Class A

2.91 2.0 Mil
Industrials

Zijin Mining Group Co Ltd Class A

2.90 2.0 Mil
Basic Materials

New Oriental Education & Technology Group Inc Ordinary Shares

2.79 1.9 Mil
Consumer Defensive

China Construction Bank Corp Class H

2.72 1.9 Mil
Financial Services

Weichai Power Co Ltd Class H

2.64 1.8 Mil
Industrials