Nomura Funds Ireland – China Fund
Participate from the winners of China
Nomura Funds Ireland – China Fund
Key Factors
The investment objective of our China Fund is to achieve long-term capital growth through investment in an actively managed portfolio of Chinese securities, including Hong Kong listed Chinese stocks, A-shares as well as ADRs (American Depository Receipts).
- Benchmark: MSCI China.
- Holdings: 50-100 stocks.
- Outperformance target: 2%-7% p.a..
- Tracking Error Range: usually within 7%.
Investment Philosophy
We believe that markets are not fully efficient and active management, based on fundamental research can add value. The greatest inefficiencies are at the security level and we spend most time and resources here. Stock selection is the main source of added value.
Investment Approach
- Focus on stock selection coupled with a top-down overlay.
- Stock selection with emphasis on fundamental analysis based on our strong research infrastructure, extensive company visits and our in-depth understanding of Chinese equity markets.
- Fund manager based in Hong Kong with deep local exposure.
- Strong commitment in this region along with the NAM Shanghai office.
- Local ideas with global perspective. The core investment team in Hong Kong is further supported by our globally networked research teams based in Shanghai, Singapore and Germany. We hold Multi-dimension discussion by weekly China portfolio meeting.
- We follow a wide and unconstrained investment universe and invest in Hong Kong listed Chinese stocks, ADRs (American Depository Receipts) as well as A-shares. This offers great opportunity and flexibility to select stocks.
Potential Significant Risks
Emerging markets or less developed countries may face more political, economic or structural challenges than developed countries. This means your money is at greater risk.
| Investment Objective | To achieve long-term capital growth through investment in an actively managed portfolio of Chinese securities, including Hong Kong. A bottom-up strategy with a wide and unconstrained investment universe, investing in Hong Kong listed Chinese stocks, A-Shares as well as ADRs. |
| Fund Size | USD 5.6 million (as at 31.03.2024) |
| Investment Company | Nomura Asset Management U.K. Ltd. |
| Fund Managers |
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| Launch Date | 27.04.2015 |
| Base Currency | USD |
| Universe Sector | Morningstar Universe: China Equity IA Sector: China/Greater China |
| Benchmark | MSCI China |
| Domicile | Ireland (Nomura Funds Ireland plc) |
| Lead ISINs | I USD: IE00BSJCGR13 For additional share class information, please contact us. |
Bowen Sze, Portfolio Manager, Nomura Asset Management Hong Kong Ltd.
| Fund | Monthly Factsheet |
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| Class I USD |
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For a full list of available share class documents including PRIIPs KIDs, please visit our fund documents page.
The lead share class fund literature is shown first in the above list. If any literature is not available in the above list for the share class you are invested in/interested in, please contact [email protected]
Nomura Funds Ireland plc is an open-ended investment company with variable capital, incorporated in Ireland on 13th April, 2006 under the Act with registration number 418598. The Fund has been authorised by the Central Bank as an UCITS pursuant to the UCITS Regulations. The Fund is structured as an umbrella fund consisting of different Sub-Funds each comprising one or more Classes. The Fund has segregated liability between each of its Sub-Funds.
Full information on the presented funds, which is relevant for an investment decision, can be found in the fund´s most recent sales prospectus, key information document (PRIIPs KID), key investor information document (UCITS KIID) – as appropriate for your relevant jurisdiction – and annual and semi-annual reports. The UCITS KIIDs are available in English and, for the PRIIPs KIDs, in the official language of the countries in which the fund is registered for distribution. This fund displays higher volatility due to its composition / the techniques used by the fund management, i.e. unit prices can fluctuate upwards or downwards within short periods of time. Performance in the past is no guarantee of future success. There can be no guarantee that the fund´s investment objective will actually be achieved.
A summary of investor rights in English and information on collective redress mechanisms are available at https://www.nomura-asset.co.uk/download/funds/how-to-invest/Summary_of_investor_rights.pdf . Nomura Asset Management U.K. Limited may at any time decide to terminate arrangements it may have made for the marketing of units of a fund in a member state other than its home member state.
Investing in an emerging market such as China is considered speculative and involves risks and considerations not typically associated with other more established economies or securities markets, including, but not limited to, greater price volatility, substantially less liquidity, significantly smaller securities market capitalization, social and political instability and limited regulation.
