The fund seeks capital appreciation in the long term by investing in companies across any size in mainland China.
The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
The fund will include investments in exchange-traded funds that have policies to invest 80% or more of their assets in China A Shares.
China A Shares are only available to non-mainland China investors like the fund through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs or the Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor systems.
Next, the research team relies on fundamental analysis to evaluate a company on the basis of quality and price.
Also, the research team integrates environmental, social and governance factors as part of its process.
Then the manager constructs a portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
In addition, the fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector.
The fund seeks capital appreciation in the long term by investing in companies across any size in the Greater China region.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
According to the investment team, the Greater China region includes Hong Kong, The People’s Republic of China, Taiwan and certain other countries.
Next, the research team looks for companies that are estimated to trade below their fair values, or have the potential for long-term growth.
The team focuses on a company’s country of organization, its primary stock exchange listing, the source of its revenues, and the location of its assets.
Then the manager constructs a portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
Additionally, the fund may from time to time emphasize one or more sectors in selecting its investments, including the communication services and consumer discretionary sectors.
The fund may also invest in securities of emerging market issuers.
The fund is non-diversified, which means that it can invest a greater percentage of its assets in the securities of fewer issuers than can a diversified fund.
The fund seeks capital appreciation in the long term by investing in companies across any size located in China and Hong Kong.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
The investment team focuses on companies that are either primarily traded on the China or Hong Kong exchanges or that derive at least 50% of their revenues from business activities in China and/or Hong Kong, but which may be listed and traded elsewhere.
Next, the research team utilizes a proprietary model to screen companies on the basis of quality returns, attractive valuations, improving sentiment, and positive price action.
Then the team ranks and evaluates stocks in the top decile of the investable universe.
Also, as part of its stock selection process, the team assesses the fundamentals and performs due diligence of a company.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The portfolio normally holds around 35 positions of approximately equal weight, but the portfolio may vary over time, and may have as few as 25 holdings, or may hold securities in 75 or more companies.
Additionally, the fund has the flexibility to take temporary defensive positions in cash and cash equivalents, including money market funds, to respond to adverse market, economic, political or other conditions.
The fund seeks to track two times the total return performance of a benchmark index before fees and expenses for a single day.
The Index is designed to track the performance of a basket of companies that are domiciled in China or Hong Kong and that also have Depositary Receipts that trade on a U.S. exchange or on The Nasdaq Stock Market.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team looks to invest in financial instruments that produce daily returns.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund will concentrate or focus its investments in a particular industry or group of industries, country or region to approximately the same extent the Index is so concentrated or focused.
The fund seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide leveraged exposure to the single day returns of the Index, without regard to market conditions, trends or direction.
