Eastspring Investments - China A Shares Growth Fund - A

USD 10.652
NAV as of 28 Nov 2022
Daily $ Change
-0.93 %
Daily % Change

Morningstar rating* 31 Oct 2022:

star star star star star

Important information

  • Eastspring Investments – China A Shares Growth Fund is referred to as the ‘Fund’.
  • The Fund invests in equities and equity-related securities and is exposed to the risk of market price fluctuations.
  • The Fund invests in a single country, and may be subject to greater volatility compared to more diversified funds.
  • The Fund may invest in China A-shares via the Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect, and through QFII/RQFII regime and may be exposed to risks relating to these channels. Such investments may be exposed to risks associated with RMB currency and conversion, tax rule and practices as well as high volatility and the applicable laws, rules and regulations, exchange policies of the Chinese equity market.
  • The Fund’s investment in Chinese markets subject it to greater political, tax, economic, foreign exchange, liquidity and regulatory risks.
  • The Fund invests in securities of small-capitalisation/ mid-capitalisation companies which may have lower liquidity and their prices are more volatile in adverse economic developments than those of larger capitalisation companies in general.
  • The Fund may invest in securities denominated in currencies other than the Fund’s base currency and may be exposed to currency and exchange rates risk.
  • The Fund may use financial derivatives instruments (FDIs) for hedging and efficient portfolio management purposes. Using FDIs may expose the Fund to market risk, management risk, credit risk, counterparty risk, liquidity risk, volatility risk, operational risk, leverage risk, valuation risk and over-the-counter transaction risk. The use of such instruments may be ineffective and the Fund may incur significant losses.
  • Investment involves risk. Investors should not rely solely on this document in making investment decision. Past performance information presented is not indicative of future performance.

Fund objective

The Sub-Fund aims to maximize long-term capital growth by investing at least 70% of its net assets in China A-shares of companies listed on the Shanghai Stock Exchange and/or the Shenzhen Stock Exchange via SHHK and SZHK Stock Connect and/or QFII/RQFII which have strong potential growth. The Sub-Fund may invest less than 30% of its net assets in equity of companies listed on the ChiNext market and the Science and Technology Innovation Board (“STAR Board”). 

Apart from China A-shares, the Sub-Fund may also invest less than 30% of its net assets in other equity and equity related securities of companies that are incorporated in, or listed in, or operating principally from, or carrying on significant business in, or derive substantial revenue from, or whose subsidiaries, related or associated corporations derive substantial revenue from, the PRC. Equity-related securities in which the Sub-Fund may invest include, but are not limited to listed securities in recognised markets, depository receipts including ADRs and GDRs, debt securities convertible into common shares, preferred shares and warrants.

Past performance data

2013 2014 2015 2016 2017 2018 2019 2020 2021
Returns (%) - - - - - - - 56.8 -2.5

Fund facts

Asset class Equity
Class A
Subscription method N.A.
ISIN code LU1969619763
Bloomberg ticker ESCAGFA LX
Minimum initial investment USD 500
Minimum subsequent investment USD 50
Inception date 10 Apr 2019
Base currency USD
Initial sales charge Max 5%
Annual management fees Max 1.50%
Morningstar rating *
31 Oct 2022

Footnote :
* Rating should not be taken as a recommendation. © Morningstar. All rights reserved.