Aim of the fund
The objective of the Fund is to achieve long-term capital growth through investing principally in companies in China (including Hong Kong) but may also invest in companies operating in other countries which, in the Manager's opinion, conduct a material proportion of their business in China (including Hong Kong) or derive a material proportion of their earnings from activities in China. The Manager will only enter into derivative transactions for the purpose of efficient portfolio management and not for investment.
Fund specific risks
- Emerging Markets (B) - Generally less well regulated than the UK. There is an
increased chance of political and economic instability with less reliable custody, dealing and
settlement arrangements.
The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could both increase or decrease. These investments therefore carry more risk. - Concentrated Funds (C) - These funds may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
- Down as well as up (I) - The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
- Long term (J) - Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
- Funds aimed at sophisticated investors (K) - This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features or simplified prospectus and brochure.
- Funds which can hold derivatives (M) - Funds which are permitted to use investments such as warrants, options and derivatives for what is known as Efficient Portfolio Management (EPM). They can be used to effectively take a position (or reduce an existing position) in a share or index, allowing positions to be altered more quickly and cost effectively than dealing directly in the underlying investment, but are not generally used to try and magnify returns. However, investors should be aware that the use of these instruments can, under certain circumstances, increase volatility and risk beyond that expected of a fund that only invests in conventional equities.
The letter in brackets indicates the codes used in our printed material (e.g. Investment Times).
On this page you will see a summary provided by the fund manager of key features of the fund. For full details of the fund, in particular the aims, charges and risks, please read the Simplified Prospectus/Key Investor Information Document.
If you are making a material investment decision you must read the Simplified Prospectus/Key Investor Information Document together with the Vantage Key Features which describe the accounts we offer, how we deal for you, hold your investments and how we can save you money. Once you have read these documents select 'invest now' for details of how to invest.
Other details
| Dealing frequency | Daily |
|---|---|
| Valuation point | 12:00 |
| Trustee | The National Westminster Bank plc |
| Minimum investment | £1,000.00 |
| Effect of deductions (7.00%) | 4.40% |
| Effect of deductions (6.00%) | 3.44% |
| Charges deducted from | Income |
| Available in regular savings plan | Yes |
| Minimum regular savings value | £50.00 |
Available for new investment through:
| Vantage ISA | ![]() |
|---|---|
| Vantage Fund & Share account | ![]() |
| Vantage SIPP | ![]() |
1 Annual saving is not available in the SIPP or Junior ISA.

