Current price as of 24-03-2023
Class A HKD (Accu) Units:
Day-to-Date as of 24-03-2023*
Current price as of 24-03-2023
*Fund performance is calculated on NAV to NAV basis in denominated currency of the respective share class with gross dividends re-invested. The Fund’s cumulative return includes dividends distributed out during the period.
The NAVs are also available on the following websites:
Bloomberg (CFund – China Equity HKD Units)
CFund-China Equity investment objective is to provide long-term capital appreciation by primarily investing in listed equities with a China focus and adhering to the concept of value investing.
China Focus: Invest primarily on companies established in China or those which, whilst established outside China, derive a significant proportion of their revenue or profits from business related to China
Asset Allocation Strategy: Under normal circumstances, at least 70% of the Sub-Fund’s Net Asset Value will be invested in stocks of companies established in China or those which, whilst established outside China, derive a significant proportion of their revenue or profits from business related to China, subject to an overall upper limit on onshore PRC exposure of 20%
Value Investment: Seek out stocks that, in the Manager’s opinion have been undervalued by the market
Maximum Flexibility: No restrictions on the proportion of cash to non-cash assets; nor market capitalizations/industries in relation to the equities invested
Outstanding Team: Professionally managed by Pickers Capital Management, where fund managers have over 15 years of investment & portfolio management experience
* Only under exceptional circumstances (such as in the event of market crashes, major crisis or to mitigate the risk of potential sharp reversals and fall in the markets) for cash flow management
In order to invest in CFund-China Equity, you can contact the fund distributor Centaline Securities Limited to open an account.
Centaline Securities CFund Subscription hotline: 3968 2222; WhatsApp: 6093 6685
CFund – China Equity primarily invests in public stocks listed in Hong Kong, Shanghai and/or Shenzhen.
CFund – China Equity does not have any benchmark index for measuring performance.
The subscription fee shall not exceed 5% of the total subscription price; the management fee shall be 1.5%; the performance fee shall be 15% of the appreciation of the net asset value per unit exceeding the high water mark during the relevant performance period.
High Water Mark is the higher of (i) the initial subscription price and (ii) the Net Asset Value per unit as at the end of the relevant performance period in respect of which a performance fee was last paid. Where a performance fee is payable for a performance period, the Net Asset Value per unit on the last valuation day of that performance period will be set as the High Water Mark for the next performance period.
Open an account at our distributor and set up a Monthly Investment Plan. The plan will be effective in the next calendar month, with the first payment date on the 10th. The payment date will be postponed to the next clearing day if the 10th of the month falls on a Saturday, Sunday or public holiday.