Zacks #1 Ranked China Funds

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Since the fourth quarter of 2012, China’s growth rate has declined gradually. In light of recent efforts to bring about reforms and control liquidity, the Chinese economy is expected to be back on track. Although leading economic indicators have declined in comparison with previous year, they have maintained an upward momentum on a month over month basis. In the long run, investing in China is a good bet, especially in comparison with the rest of the Asian economies.

Below we will share with you 5 top rated China funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all China funds, investors can click here to see the complete list of funds.

Fidelity China Region (FHKCX) seeks capital growth on a long term basis. It invests heavily in equity securities of companies whose principal operations occur in the Greater China Region. This area includes Hong Kong, China and Taiwan. The China mutual fund returned 19.31% over the last one year period.

The China mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.98% compared to a category average of 1.81%.

JHancock Greater China Opportunity A (JCOAX) utilises a majority of its assets to purchase securities of companies from China, including Hong Kong. The fund may invest a minimum of 5% of its assets in individual companies. A maximum of 20% of its assets may be invested in companies which are located outside China. The China mutual fund returned 17.20% over the last one year period.

The fund manager is Oscar Kin Fai Leungand he has managed this China mutual fund since 2013.

Dreyfus Greater China A (DPCAX) seeks capital growth on a long term basis. It invests in companies traded on the Hong Kong and Chinese exchanges. It also purchases securities of companies who derive at least half of their revenues from operations in China. The China mutual fund has a one year annualized return of 16.80%.

The fund manager is Hugh Simon and he has managed this China mutual fund since 1998.

Columbia Greater China A (NGCAX) invests heavily in equity securities of companies whose principal operations occur in the Greater China Region. This area includes Hong Kong, China and Taiwan. Investments are made in companies regardless of market cap and those companies which are undervalued. The China mutual fund returned 5.75% over the last one year period.

As of May 2013, this China mutual fund held 53 issues, with 7.75% of its total assets invested in Industrial and Commercial bank of China Ltd. H shares.

EP China A (EPHCX) seeks capital growth on a long-term basis. A majority of its assets are invested in publicly traded companies which are non-U.S. dollar denominated and are related to China’s economy. The fund may also focus on dividend yielding stocks. The China mutual fund returned 15.87% over the last one year period.

The China mutual fund has an expense ratio of 1.75% compared to a category average of 1.81%.

To view the Zacks Rank and past performance of all China funds, investors can click here to see the complete list of funds.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.

Read the analyst report on FHKCX

Read the analyst report on JCOAX

Read the analyst report on DPCAX

Read the analyst report on NGCAX

Read the analyst report on EPHCX



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