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Zacks #1 Ranked China Funds

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.

Templeton China World Fund Class A (TWCAX) invests the majority of its assets in Chinese companies. The fund invests in ADRs, European and Global Depositary Receipts. It invests in companies of all sizes as well as small cap companies. The China mutual fund returned 26.19% over the last one year period.

The China mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.85% compared to a category average of 1.79%.

Dreyfus Greater China A (DPCAX) seeks capital growth on a long term basis. The fund 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 17.97%.

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

Fidelity China Region (FHKCX) invests a large share of its assets 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 19.59% 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 1.79%.

ProFunds UltraChina (UGPIX) seeks to match the daily performance of the Bank of New York Mellon China Select ADR Index It invests the majority of its assets in securities which are similar to those included in this Index. The fund may use leveraged and sampling techniques to fulfill its stated investment objective. The China mutual fund returned 47.28% in the last one year period.

As of July 2013, this China mutual fund held 48 issues, with 7.27% of its total assets invested in China Mobile Ltd. ADR.

Oberweis China Opportunities (OBCHX) invests a large share of its assets in companies which possess the ability to grow their market value over time. The fund focuses on acquiring Chinese securities. It may purchase equity linked certificates which provide exposure to foreign shares, The China mutual fund returned 54.60% in the last one year period.

The fund manager is James Oberweis and he has managed this China mutual fund since 2005.

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


Read the analyst report on TWCAX

Read the analyst report on DPCAX

Read the analyst report on FHKCX

Read the analyst report on UGPIX

Read the analyst report on OBCHX


View All Zacks #1 Ranked Mutual Funds

Zacks Investment Research

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