Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

First State China Growth II Acc USD

Ranked 5 out of 30 in - China over 12 months
All calculations are in EUR unless stated

Managed by

Martin Lau

Having graduated from Cambridge University with a Bachelor of Arts degree and a Masters in Engineering, Martin Lau has progressed from a somewhat industrious education to Investment Fund Management and now has over 10 years experience in the industry. Born in Hong Kong in 1972, Lau started his investment career in 1995 at BZW in London as part of their risk management team. He subsequently spent six years with Invesco as a fund manager responsible for the greater China funds, Smaller Companies fund and regional portfolios. Lau currently manages a range of China and Asia funds for First State. He describes his investment style for many of the funds he runs as bottom up stock selection with strong macro overlay. He also focuses heavily on quality, growth and price. A keen badminton player, Lau also enjoys playing tennis, walking and going to the cinema.

Quanqiang Xian

Quanqiang Xian of First State Investments specialises in Chinese equities with a focus on large and mid-cap companies. Previously, he was an analyst with Orbis Investment Advisory in London, researching Chinese equities. A CFA charterholder, he started his career with the government of Singapore.

Objective

The Fund aims to grow your investment. The Fund invests primarily (at least 70% of its Net Asset Value) in equity securities issued by companies with either assets in, or revenues derived from the Peoples Republic of China that are listed, traded or dealt in on Regulated Markets in China, Hong Kong, Taiwan, the U.S. or in a member state of the OECD. The Fund is not subject to any limitation on the portion of its Net Asset Value that may be invested in any sector or any limitation on the market capitalisation of the companies in which it may invest.

Showing fund performance in Ireland View performance globally

Performance

China over : 31/03/2017 - 31/03/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 1.7%
2017 37.5% 12.5% 2.1% 6.9% 11.9%
2016 0.0% -12.2% 0.3% 10.8% 2.5%
2015 6.7% 20.1% -0.3% -20.4% 11.9%
2014 10.5% -7.1% 6.4% 7.7% 3.8%
2013 16.0% 7.0% -3.6% 5.8% 6.2%
2012 17.2% 6.9% -0.8% 6.3% 4.0%
2011 -11.9% -6.2% -0.6% -13.0% 8.4%
2010 20.8% 8.5% 5.8% 5.3% 0.1%
2009 89.6% 13.4% 29.8% 7.4% 20.0%
2008 -51.5% -27.5% -2.9% -19.7% -14.2%
2007 57.2% 5.7% 24.1% 24.0% -3.4%
2006 62.2% 26.4% -6.4% 8.3% 26.6%
2005 33.9% 11.9% 9.3% 7.2% 2.2%
2004 10.2% 12.7% -9.5% 7.8% 0.1%
2003 74.4% 6.7% 13.2% 22.4% 18.0%
2002 -19.3% 2.4% -10.2% -12.9% 0.8%
2001 10.3% 12.6% 10.2% -32.6% 31.8%
2000 -14.2% 25.1% -12.8% -4.2% -17.9%
1999 102.6% 3.9% 59.2% -13.7% 41.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Hong Kong
  2. Ireland
  3. Macau
  4. Singapore
  5. Switzerland

Fund Info

  • Launch date20/05/1992
  • Share Class size04Mn
  • Base currencyUSD
  • ISIN IE0004811224

Purchase Info

  • Min. initial investment1,500
  • Min. regular additional investment0

Charges

  • Annual management2.00%
  • Initial investment0

Related News

Top trends to tap in China’s Silicon Valley

Citywire + rated Martin Lau reveals his top tech bets from Shenzhen.

On the charge in China: top equity managers of the past five years

Citywire Global takes a closer look at the leading lights in the emerging market over the past half-decade.

Top performing China equity managers revealed

Citywire Global analysis brings you the sector's leading managers over the past three years.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).