China Q3 investment update

The China Fund aims to outperform (after deduction of costs) the MSCI China All Shares Index, as stated in sterling, by at least 2 per cent per annum over rolling five-year periods.

The Worldwide China Fund aims to invest in an actively managed portfolio of Chinese market stocks. We invest on a long-term (5 year) perspective, and have a strong preference for growth. We are looking for significant upside in each stock that we invest in.

The China A-shares strategy is a purely stock-driven, unconstrained equity strategy focused on investing in exceptional growth companies listed on the domestic stock markets in China (known as 'A' shares).

A diversified portfolio of 40-80 of the best growth companies in China, regardless of listing location, size or weight in an index.

A concentrated portfolio of 25-40 high-growth companies that are listed in China’s domestic market.