China’s per capita gross domestic product grew nearly 13 times between 1980 and 2010 according to data from the U.S. Department of Agriculture Economic Research Service. It took the United States nearly 150 years to match that progress. Mass industrialization has created new markets for consumer and industrial goods and services, accelerating China’s economic growth. On the doorstep of this vast superpower sits Hong Kong, a world-class financial, marketing and technical center.

We think China’s rise and the Hong Kong marketplace will have profound implications for our global future. Now you can participate in China’s transformation to an industrialized, consumer society, as well as Hong Kong’s continued growth as China’s most sophisticated commercial center. Our China and Hong Kong Fund invests in stocks of companies that are traded on the China or Hong Kong exchanges or that do at least half of their business in China and/or Hong Kong.

China & Hong Kong Fund through 04/30/2013
Avg. Annualized
Total Return		Calendar YTD1 Year3 Years5 Years10 YearsSince
Inception
Monthly through
04/30/2013		-6.07%-5.63%-4.52%-2.86%13.78%7.25%
Quarterly through
03/31/2013		-5.50%-3.33%-4.49%-0.70%13.85%7.32%
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. Total returns reflect a fee waiver in effect and in the absence of this waiver, the total returns would be lower. Performance data does not reflect the 2% redemption fee for shares held less than 30 days and if deducted the fee would reduce the performance quoted.

Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.

TOP TEN HOLDINGS (as of 04/30/2013)
1.Soho China Ltd.6.11%
2.Tencent Holdings Ltd.5.13%
3.CNOOC Ltd.4.77%
4.Lenovo Group Ltd.4.74%
5.Kunlun Energy Co. Ltd.4.63%
6.China Mobile Ltd.4.57%
7.BOC Hong Kong Holdings Ltd.4.25%
8.PetroChina Co. Ltd.4.01%
9.NetEase Inc.3.88%
10.Beijing Enterprises Holdings Ltd.3.81%
TOP INDUSTRY SECTORS (as of 04/30/2013)
Technology21.97%
Energy19.07%
Financials16.72%
Industrials15.90%
Consumer Discretionary6.96%
Real Estate6.90%
Materials5.42%
Telecom Services4.59%
Other2.80%
GEOGRAPHIC WEIGHT (as of 04/30/2013)
Red Chip31.00%
H Share27.62%
China Play23.63%
Hong Kong16.18%
B Share1.88%
Edmund Harriss
Investment Director
Fund Manager

“It may sound like a cliché to refer to the “Asian Miracle” but I believe that the economic growth that has occurred in Asia throughout the last 30 years represents the greatest increase in the human condition for more people than any other event in human history.“

Having managed the Asia Funds for over 14 years both from London and from Hong Kong, Edmund Harriss is dedicated to understanding the agents of change. It’s about making ourselves ready for the new world that is unfolding in front of our eyes. For Edmund there is nothing quite like…

Read more of Edmund Harriss's background >

“It may sound like a cliché to refer to the “Asian Miracle” but I believe that the economic growth that has occurred in Asia throughout the last 30 years represents the greatest increase in the human condition for more people than any other event in human history.“
Edmund Harriss Investment Director, Fund Manager

Having managed the Asia Funds for over 14 years both from London and from Hong Kong, Edmund Harriss is dedicated to understanding the agents of change. It’s about making ourselves ready for the new world that is unfolding in front of our eyes. For Edmund there is nothing quite like studying companies and making the right investment call. He welcomes the sense of responsibility to all the people invested in his funds. He embraces that trust that has been placed in him, relishes the challenge, and enjoys nothing more than to deliver on those hopes.

In the process of translating grand transformational themes into a stock portfolio, Edmund seeks to understand businesses and to forecast a range of outcomes before making a final investment decision.

Trend not to be overlooked: Demographic change. The populations of the developed world are getting older while the developing economies are now the source of new workers. This trend presages a major shift in the balance of economic power in the world.

Edmund's Funds:
Asia Focus Fund >
Asia Pacific Dividend Fund >
China & Hong Kong Fund >
Quick Stats

Joined Guinness Atkinson Asset Management in 2003 and also serves as investment director and board member.

Edmund graduated from Christ Church, University of Oxford, with a Masters degree in Management Studies and has a Bachelors degree in History from the University of York.

He is also an Associate of the Society of Investment Professionals.

James Weir
Fund Co-Manager

“Don’t ignore the scale of Asian growth“

As you can see, James Weir has his eyes on Asia and thinks that maybe the economic growth underway on the Asian continent might be something worth paying attention to. James likes the view from the ground (as opposed to, say, the pleasant view from the Guinness Atkinson office in…

Read more of James Weir's background >

“Don’t ignore the scale of Asian growth“
James Weir Fund Co-Manager

As you can see, James Weir has his eyes on Asia and thinks that maybe the economic growth underway on the Asian continent might be something worth paying attention to. James likes the view from the ground (as opposed to, say, the pleasant view from the Guinness Atkinson office in London) both trekking (including a 250 mile walk in Spain) and running half marathons.

James has amassed more frequent flyer miles than he might care to ever use flying frequently to Asia over the years to get that on the ground look in Asia.

As co-manager of three Guinness Atkinson Asia Funds, James uses his inquisitive nature (and journalistic experience) to investigate investment opportunities.

Trend not to be overlooked: The rise to economic prominence of the emerging markets.

James's Funds:
Asia Focus Fund >
Asia Pacific Dividend Fund >
China & Hong Kong Fund >
Quick Stats


2009  Joined Guinness Atkinson in October of 2009

2007  Served as Fund Manager for Atlantis Investment Management managing Asia ex Japan segregated accounts and in support of the Atlantis Asian Recovery Fund

2004  Joined Atlantis Investment Management as Investment Analyst. Graduated with an MSc in Investment Management from Cass Business School in London

2001  Research Analyst at International Data Corporation in the European IT Services Group. Named Senior Research Analyst in 2002

1999  Reporter and subsequently Editor of New Media Investor, a specialist technology investment newsletter favored by venture capitalists and equity analysts.

1998  Graduated from University of Nottingham with a degree in Economics.

References to other funds should not be considered an offer of these securities.