In this video, Wenli Zheng answers questions about the China Evolution Equity Strategy.
Unconstrained China equity investing
- Seek attractive investment opportunities across the full spectrum of onshore and offshore China equity markets
- Being benchmark-unconstrained, we take a truly active approach
Investing in change
- Identify change in business fundamentals or investor behaviour
- We believe mispricing could arise in areas where future fundamentals will be different from the past
Going beyond the obvious¹
- The team seeks to invest beyond the top 100 mega cap names and focus on where change and growth are underappreciated
- In other words, we look to focus on the other 98% of the opportunity set
¹ Source: MSCI, FactSet. Financial data and analytics provider FactSet. Copyright 2022 FactSet. All Rights Reserved. The opportunity set is defined as all Chinese companies listed onshore and offshore in the China Universe. The 100 largest companies (with a market cap above roughly USD 20-30bn) represent around 2% of this opportunity set.
Video
Introduction to the China Evolution Equity Strategy
Video
Three minutes with Rob Secker
(Part of Investment Week’s ‘Three minutes with’ series)
In this video, Portfolio Specialist, Rob Secker explains how the Strategy allows investors to delve deeper into Chinese markets and uncover hidden opportunities.
China Evolution Equity Fund
A style agnostic, index unconstrained portfolio
Risks - The following risks are materially relevant to the fund: Country risk (China), Capital risk, Currency risk, Emerging markets risk, Equity risk, ESG and Sustainability risk, Geographic concentration risk, Hedging risk, Investment fund risk, Management risk, Operational risk, Small and mid-cap risk, Stock connect risk, Stock connect risk, Style risk, Volatility risk.
Past performance is not a reliable indicator of future performance.
OEIC inception date
10 December 2021
SICAV inception date
10 August 2020
Comparator benchmark
MSCI China All Shares Index Net
Full details of the fees payable by investors are available within the offering document.
This benchmark is shown for comparison purposes only.
Thinking
China Equity Insights
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* All figures are as at 30 June 2022 unless stated otherwise.
The Funds are sub-funds of the T. Rowe Price Funds SICAV, a Luxembourg investment company with variable capital which is registered with Commission de Surveillance du Secteur Financier and which qualifies as an undertaking for collective investment in transferable securities (“UCITS”). Full details of the objectives, investment policies and risks are located in the prospectus which is available with the key investor information documents in English and in an official language of the jurisdictions in which the Funds are registered for public sale, together with the articles of incorporation and annual and semi-annual reports (together “Fund Documents”).
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