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 09/30/2015
|Calendar YTD||1 Year||3 Years||5 Years||10 Years||Since
Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.
|TOP INDUSTRY SECTORS (as of 08/31/2015)|
|Electronic Components - Miscellaneous||6.11%|
|Auto - Cars/Light Trucks||4.78%|
|Internet Application Software||4.16%|
|Country Fund - China||4.01%|
|Real Estate Operations/Development||3.40%|
|GEOGRAPHIC WEIGHT (as of 08/31/2015)|
“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…