T. ROWE PRICE

China Evolution Equity


A unique approach to investing in China

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 go beyond the top 100 mega cap names and focus on where change and growth are underappreciated
  • That translates roughly to a market cap range of US$30 billion or below today

¹ Source: MSCI, FactSet. Financial data and analytics provider FactSet. Copyright 2021 FactSet. All Rights Reserved. As of 30 September 2021. The top mega-cap names and market cap cut-off could evolve with changing market dynamics over time.

Video

Introduction to the China Evolution Equity Strategy

In this video, Wenli Zheng answers questions about the China Evolution Equity Strategy.

Video

Three minutes with Rob Secker

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.

View the definitions of the risks listed above.

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.

A word from our founder

“Change is the investor's only certainty.”


Thomas Rowe Price, Jr. / Founder

 

 

Thinking

China Equity Insights

January 2022 / WEBINAR

Innovation and Capital Markets Considerations

Innovation and Capital Markets Considerations

Innovation and Capital Markets Considerations

China’s investment landscape is constantly evolving and relatively inefficient

By Wenli Zheng

Wenli Zheng Regional Portfolio Manager

December 2021 / GLOBAL MARKET OUTLOOK

China Market Outlook 2022

China Market Outlook 2022

China Market Outlook 2022

Attractive opportunities amid China’s fast-changing environment.

By Wenli Zheng

Wenli Zheng Portfolio Manager, China Evolution Equity Portfolio

 

 

Want to know more? Get in touch.

If you have questions or would like more information about T. Rowe Price please contact us. 

020 7002 4372

* All figures are as at 30 September 2021 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”).

Any decision to invest should be made on the basis of the Fund Documents which are available free of charge from the local representative, local information/paying agent or from authorised distributors and via www.troweprice.com.

Important Information

This material is being furnished for general informational and/or marketing purposes only. The material does not constitute or undertake to give advice of any nature, including fiduciary investment advice, nor is it intended to serve as the primary basis for an investment decision. Prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. T. Rowe Price group of companies including T. Rowe Price Associates, Inc. and/or its affiliates receive revenue from T. Rowe Price investment products and services. Past performance is not a reliable indicator of future performance. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested.

The material does not constitute a distribution, an offer, an invitation, a personal or general recommendation or solicitation to sell or buy any securities in any jurisdiction or to conduct any particular investment activity. The material has not been reviewed by any regulatory authority in any jurisdiction.

Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources’ accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the date written and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price.

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