China has a strong economic growth with a strong GDP recovery momentum. Investing in China will give you a wide range of selection.
United China A-Shares Innovation Fund managed locally by Ping An Fund Management Company aims to achieve long-term capital appreciation by investing primarily into companies listed in China that are likely to be the main beneficiaries of technology, innovation and other growth trends. We seek innovative companies not just in technology but also in consumer, industrials, healthcare and materials in part due to the extensive use of e-commerce and mobile apps in consumer and business.
Source: Gartner, China Academy of Information and Communications, China Money Network, Statista estimates as of 31 December 2019
Source: Macrobond , UOB Global Economics & Market Research, 04 November 2020
Source: UOBAM, as of 27 July 2020. 1ADRs is the abbreviation for ‘American Depository Receipt’
The fund has shown low correlation with global equity markets.
Source: Goldman Sachs (Asia), MSCI, 19 January 2021