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Investment involves risk. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

SICAV
China Evolution Equity Fund
Seeks to increase the value of its shares, over the long term, through growth in the value of its investments.
ISIN LU2187417386
Bloomberg TCEEAUI LX
FACTSHEET
PHS
No data available

Overview
Strategy
Fund Summary
Actively managed and invests mainly in a diversified portfolio of shares of Chinese companies and may have significant exposure to smaller capitalisation companies.
No data available
Performance (Class A)

Past performance is not a reliable indicator of future performance. Performance returns are calculated on a NAV-NAV basis, net of fees, with distributions reinvested. Returns for the current year performance is cumulative. Benchmark returns are shown with reinvestment of dividends after the deduction of withholding taxes. The Excess Returns are shown as Fund % minus the Benchmark %. Performance returns for share classes less than 1 year old (and associated benchmarks) are cumulative rather than annualised.

Current Year Performance

Annualised Performance

30-Nov-2023 - Wenli Zheng, Portfolio Manager,
Industrials and business services was our largest sector position. We favour companies that benefit from the structural trends of industrial or technology upgrading. In this sector, we own names that will likely gain from the electrification trend, such as a component maker for electric vehicles (EVs), a relay producer for EVs, and a maker of aerial work platforms that is transitioning from diesel-powered models to electric ones. We also hold shares in an electrical equipment company that benefits from the digitisation of China’s power grid and a shipbuilder that has profited from a favourable supply-demand outlook and industry consolidation.

Team

No data available

Fees

No data available

Disclosure on Vendor Indices can be found here.