The money manager launched the mutual fund to offer investors exposure to China’s growth. The fund will, under normal market circumstances, invest 80% of net assets in securities issued by enterprises in China. The fund’s investment team will also use ESG factors to analyse potential holdings.
Casey Preyss, who manages the fund along with Vivian Lin Thurston, said: “China’s domestic market is largely inefficient, uncorrelated to other major market indices, and under-represented in many investors’ portfolios. It provides very attractive and unique investment opportunities to capture China’s growth themes, and we believe that our quality growth investment style is well suited for Chinese equities as we seek to differentiate sustainable value creators from the average growth company.”