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Premium China Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100191-2023-04-22-02:37.pdf
FUND MANAGER Premium China Funds Management
ASX Code
APIR MAQ0441AU
ASSET CLASS ASIAN EQUITIES
INVESTMENT STYLE Invests primarily in companies listed in Hong Kong, Mainland China, Taiwan and other stock exchanges but have significant assets, investments, production activities, trading or other business interests in, or derive a significant part of their revenue from the Greater China region.
INVESTMENT PROFILE The Fund aims to provide long-term capital growth over a three to five year period, prior to exchange rates effects.
CURRENCY MANAGEMENT Active Management
INCEPTION DATE 28-10-2005
BENCHMARK N/A
FUND SIZE N/A
DISTRIBUTION FREQUENCY Yearly
NO. OF HOLDINGS 30-80
FEES 2.30% p.a. of Net Asset Value
STRUCTURE

Benefits

Benefits

Benefits of investing in the Premium China Fund

The Fund is managed by Value Partners using a disciplined value-oriented approach supported by intensive, on-the-ground bottom-up fundamental research resulting in a portfolio of individual holdings, which are, in the view of Value Partners, undervalued and of high quality, on either an absolute or relative basis, and which have the potential for capital appreciation.

Investor suitability

Investors seeking medium to long-term capital growth with a high level of risk. 
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

Investment strategy and Investments held

The Fund aims to achieve the investment objective, primarily by investing in companies across a range of market capitalisations listed in Hong Kong, Mainland China, Macau and Taiwan (Greater China) and companies listed on other exchanges, which have significant assets, investments, production activities, trading or other business interests in the Greater China region, or which derive a significant portion of their revenue from the Greater China region.

In addition to direct investment in companies listed in Greater China, the Fund may also invest in cash and short term money market instruments, convertible securities issued by listed companies, listed unit trusts, shares in mutual fund corporations and other collective investment schemes (including real estate investment trusts), derivatives including both exchange-traded and over-the-counter, and participatory notes.

About the Fund Manager

Premium China Funds Management Pty Ltd is the fund manager of the Fund. Premium China Funds Management is a boutique funds management group established in 2005 to bring Asia investment opportunities into the Australian market, in order to bridge the gap between investors' needs to internationally diversify and the suite of investment solutions available.

Mandate

How we invest your money

Asset allocation range

  • International listed equities: 0-100%
  • Exchange-traded derivatives: 0-60%
  • Over-the-counter (OTC) derivatives: 0-50%
  • Cash and cash equivalent investments: 0-20%
  • Convertibles: 0-10%

In addition, the combined exchange-traded and over-the-counter derivatives exposure cannot exceed 60% of the Fund's NAV.

Leverage

The Fund will not borrow, or use derivatives, for the purpose of leveraging or magnifying the Fund's exposure to any particular asset or market.

Derivatives

The Fund may use derivatives such as forwards and participatory notes; however, not for the purposes of leveraging or magnifying the Fund's exposure to any particular asset or market. Any derivatives entered into by the Fund will be fully backed by cash and/or relevant assets and/or other contracts that substantially offset the underlying liability of the derivative.

Short-selling

The Fund will not engage in short-selling.