CSOP FountainCap China Selection Fund

  • Overview
  • Summary of NAV
  • Documents
Investment Objective

The Fund is a long only equity fund that aims to achieve long-term capital appreciation for its investors, while emphasizing asset protection and preservation.

Investors should be aware that their capital is at risk and that there is no guarantee that the investment objective will be achieved over any time period.

Investment Strategy

To achieve the Investment Objective, the Fund will invest in stocks of companies that can benefit from China’s economic transformation and with sustainable growth potential or fundamental investment value demonstrating underlying intrinsic economic value distinct from market price, and hold these stocks for the long term

The core investment strategy is based on the Sub-Investment Manager’s thorough understanding of China’s economic cycles and the restructuring changes, and the ability to apply it in investing in equities of companies who have significant exposures to China’s transformation and growth that are listed on major stock exchanges in the Asia-Pacific region.

The Sub-Investment Manager’s key investment strategies are to:

  • 1) identify industries or sectors that represent investment opportunities, specifically focusing on industries or sectors where China faces a shortage, scarcity, or has difficulties in developing (natural gas, clean water, safe foods and high-end IP products etc.) and avoiding those that China has in abundant supply (white goods and cheap labour products etc.) and
  • 2) invest in those companies it believes will benefit from China’s restructuring program, gain substantial competitive advantages and/or even emerge as industry leaders and/or national champions. As these investment opportunities may or may not emerge directly from China, the Sub-Investment Manager will invest in the broader Asia-Pacific markets.
Key Facts
Domicile Ireland
Base Currency USD
Financial Year End 31 December
Dealing Frequency Each Business Day
Open-ended umbrella investment company CSOP Investment Funds p.l.c.
Investment Manager CSOP Asset Management Limited
Sub-Investment Manager FountainCap Research & Investment (Hong Kong) Co., Limited
Administrator & Registrar HSBC Securities Services (Ireland) Limited
Custodian HSBC Institutional Trust Services (Ireland) Limited
Information of Shares classes & Buying and Selling
Class Initial Issue Price Minimum Initial Investment Amount* Minimum Holding* Minimum Additional Investment Amount* Minimum Redemption Amount*
I (USD)(Acc) USD: 100 USD: 1,000,000 USD: 100,000 USD: 100,000 USD: 100,000
I (Euro)(Acc) Euro: 100 Euro: 900,000 Euro: 90,000 Euro: 90,000 Euro: 90,000
I (RMB)(Acc) RMB: 100 RMB: 6,500,000 RMB: 650,000 RMB: 650,000 RMB: 650,000
I (USD)(Dist) USD: 100 USD: 1,000,000 USD: 100,000 USD: 100,000 USD: 100,000
I (Euro)(Dist) Euro: 100 Euro: 900,000 Euro: 90,000 Euro: 90,000 Euro: 90,000
I (RMB)(Dist) RMB: 100 RMB:6,500,000 RMB:650,000 RMB:650,000 RMB:650,000
A (USD)(Acc) USD: 100 USD: 100,000 USD: 50,000 USD: 10,000 USD: 10,000
A (EUR)(Acc) Euro: 100 Euro: 90,000 Euro: 45,000 Euro: 9,000 Euro: 9,000
A (RMB)(Acc) RMB: 100 RMB: 650,000 RMB: 350,000 RMB: 70,000 RMB: 70,000
A (USD)(Dist) USD: 100 USD: 100,000 USD: 50,000 USD: 10,000 USD: 10,000
A (EUR)(Dist) Euro: 100 Euro: 90,000 Euro: 45,000 Euro: 9,000 Euro: 9,000
A (USD)(Dist) RMB: 100 RMB: 650,000 RMB: 350,000 RMB: 70,000 RMB: 70,000
* The Directors (or their delegate) reserve the right from time to time to waive any requirements relating to the Minimum Initial Investment Amount, the Minimum Additional Investment Amount and the Minimum Holding as and when they determine at their reasonable discretion.
Fees and Expenses
Class Class I Shares Class A Shares
Investment Management Fee 1.50% 2%
Repurchase Charge 1.5% during the first 12 months following the date of subscription Not applicable
Summary of NAV
Class Currency Latest unit price Last valuation date
I USD (ACC) USD USD 139.52 2018-08-16

To check historical prices, simply select the fund and the periods required.

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    Documents
    Monthly Newsletter
    Remuneration Policy - CSOP Investment Funds Plc
    Key Investor Information (Class A)(Swedish)
    Key Investor Information (Class A)
    Supplement - CSOP FountainCap China Selection Fund
    Supplement - CSOP FountainCap New Dragon Dividend & Growth Fund
    Prospectus
    Memorandum and Articles of Association
    For request of the fund literature hardcopies, please contact us.
    All documents are in PDF format.

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    Financial Reports
    Annual Report (German)
    Annual Report
    Interim Report
    For request of the fund literature hardcopies, please contact us.
    All documents are in PDF format.

    Download Acrobat Reader.
    Disclaimer

    Investment involves risk. Please refer to the Prospectus for details of the risks of investing in the Fund. Future performance and the capital value of the Fund are not guaranteed. Past performance figures are not an indicative for future performance. The value of units may rise as well as fall. We recommend investors obtain and read a copy of the Prospectus before investing. Please note that the Fund is not authorized by the Securities and Futures Commission ("SFC") in Hong Kong as such is not available to the public in Hong Kong. Investor should not base on this website alone to make investment decisions.