First State Greater China Growth re-opens to new investments

Elite Rated First State Greater China Growth fund has re-opened to new investments.

The fund, run by Martin Lau, a senior member of the famed First State Stewart Asia team, has consistently delivered outperformance and demand for the fund was so fierce that it was closed to new investments for four years.

James Yardley, senior research analyst, FundCalibre, commented: “This is an excellent fund in a very specialist area of Asian equities. It has been a firm favourite of ours for a number of years. Martin and the team have shown that they can consistently produce the goods in any type of market environment and it is great news that it has now re-opened to new investors.”

The Chinese market is extremely volatile at the moment and the economy has slowed down more, and for longer, than anticipated. In this environment the team remain focused on companies that can do well even in a slower growth environment, such as those with strong pricing power. They believe that property prices are getting to dangerous levels, particularly in Hong Kong, and that opportunities in A Shares will increase as the market continues to open up.

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.